Industry Analysis & Industry Trends
The Global Insurance Brokers and Agencies industry has maintained growth throughout the five years to 2014. With countries like China offering opportunities for expansion, growth is expected to continue in the five years to 2019... read more
Industry SWOT Analysis
The Global Insurance Brokers and Agencies industry is in the mature stage of its economic life cycle; this stage is characterized by wholehearted market acceptance of industry products and a slowdown in industry-specific technological advancement. Industry value added (IVA), which measures and industry's contribution to the overall economy, is expected to increase at an annualized rate of 3.3% during the 10 years to 2020. In contrast, world GDP is projected to grow at an annualized rate of 3.5% during the same period.
Typically, an industry is considered to be in the mature stage of its economic life cycle when growth in IVA trends with GDP growth over a 10-year period... read more