Industry Analysis & Industry Trends
Despite mounting challenges over the majority of the period such as a softening insurance market, low interest rates, volatile equity markets and the single worst year of catastrophic disasters ever taking place in 2011, the Global Direct General Insurance Carriers industry has performed well during the five years to 2016. Strong demand from emerging markets and growing demand from established markets have bolstered insurance premiums, which have been priced more competitively amongst carriers. Over the five years to 2021, merger and acquisition activity is expected to intensify in the industry's developed markets, as large players acquire smaller competitors to expand their market share... read more
Industry Key Buyers
Market share concentration within the Global Direct General Insurance Carriers industry is low, with the top four companies accounting for an estimated 15.4% of total industry revenue in 2016. Moreover, the level of concentration within the industry has decreased in recent years, as the top four companies accounted for 16.9% of the market in 2011. While companies in the industry's mature markets continue to consolidate, these same companies have not kept pace with global revenue growth in recent years, given their reliance on saturated markets for sales.
Concentration levels do vary by region, country and product line... read more