Growth Opportunities in the Global Motor Vehicle Insurance Market

The motor vehicle insurance witnessed the highest growth during 2006-2011 and is likely to maintain the growth momentum during 2012-2017. The gross premium of global motor vehicle insurance industry reached an estimated $559 billion in 2011 and is forecast to reach approximate $649 billion by 2017 with 2.5% CAGR over the next five

years.
 
Lucintel, a leading global management consulting and market research firm, has analyzed the global motor vehicle insurance industry and offers its findings in a comprehensive research report, “Global Motor Vehicle Insurance Market 2012-2017: Trend, Profit, and Forecast Analysis."
 
The motor vehicle insurance market consists of segments such as personal and commercial motor vehicle insurances. The motor vehicle insurance market report focuses on North America, Europe, Asia Pacific, and Rest of the World. Currently, North America dominates the industry. During 2006-2011, ROW saw the highest growth in the industry and it is likely to experience the same over 2012-2017.
 
Lucintel research indicates that demographic conditions coupled with interest rate fluctuation and governmental regulations considerably influence the industry dynamics. Despite the rocky pitch created by frequent volatility in crude oil and fraudulent motor vehicle claims, increasing per capita income and increase in automobile sales are some of the key growth boosters of the industry.
 
Commercial motor vehicle insurance saw the highest growth during 2006-2011 and is expected to retain the same position over the forecast period. Lucintel regards some of the following

emerging trends that can be witnessed in the industry: 1) use of advanced analytics tools to reduce fraudulent claims and 2) leveraging social media channels to increase market penetration. Population

growth and increasing auto sales are some of the expected industry boosters.
 
This Lucintel research report provides insights into the recent industry scope and overview, global macroeconomic overview, annual industry trend, emerging trends, industry forecasts, future opportunities, hazards, and the profitability analysis of the major industry players.
 
The data and analysis found in this report can be utilized for a variety of functional business reasons, including business development, strategic planning, determination of market size and trends, competitive analysis, investment decisions, and joint product development.                              
 
This comprehensive guide from Lucintel provides readers with valuable information and the tools needed to successfully drive critical business decisions with a thorough understanding of the market’s potential. This report will save Lucintel clients hundreds of hours in personal research time on a global market and it offers significant benefits in expanding business opportunities throughout the global motor vehicle insurance industry. In a fast-paced ever-changing world, business leaders need every advantage available to them in a timely manner to drive change in the market and to stay ahead of their competition. This report provides business leaders with a keen advantage in this regard by making them aware of emerging trends and demand requirements on an annual basis.
 
To make any investment or strategic decision, you need adequate and timely information. This market report fulfills this core need. Some of the features of motor vehicle insurance market report are:
 

 

List of Figures

CHAPTER 3. Industry Overview

Figure 3.1: External forces shaping global motor vehicle insurance industry                                

CHAPTER 4. Global Macroeconomic Overview

Figure 4.1: Global GDP growth rate trend          

Figure 4.2: Global inflation rate trend                 

Figure 4.3: Global population growth rate trend  

Figure 4.4: Global unemployment rate trend       

Figure 4.5: Regional GDP growth rate trend       

Figure 4.6: Regional inflation rate trend              

Figure 4.7: Regional population growth rate trend           

Figure 4.8: Regional unemployment rate trend

 

CHAPTER 5. Industry Trends  

Figure 5.1: Global motor vehicle insurance industry annual trend (gross premium): 2006-11

Figure 5.2: Global motor vehicle insurance industry annual trend 2006-11(revenue): 2006-11 

Figure 5.3: Global motor vehicle insurance industry regional trend (gross premium):  2006-11 ($ B)

Figure 5.4; Global motor vehicle insurance industry regional trend (gross premium): 2006-11 (%)

Figure 5.5: Global motor vehicle insurance industry regional trend (revenue):  2006-11 ($ B)

Figure 5.6: Global motor vehicle insurance industry regional trend (revenue):  2006-11 (%)

Figure 5.7: Global motor vehicle insurance industry segment trend (gross premium):  2006-11 ($ B)

Figure 5.8: Global motor vehicle insurance industry segment trend (gross premium):  2006-11 (%)

Figure 5.9: Global motor vehicle insurance industry segment trend (revenue):  2006-11 ($ B)

Figure 5.10: Global motor vehicle insurance industry segment trend (revenue):  2006-11 (%)

Figure 5.11: Global motor vehicle insurance industry quarterly trend:  2010-11 ($ B)

Figure 5.12: Global motor vehicle insurance industry profitability trend 2006-11

Figure 5.13: Global motor vehicle insurance industry revenue per employee trend 2006-11

Figure 5.14: Cost structure trend in global motor vehicle insurance industry

Figure 5.15: Cost structure trend in North American industry

Figure 5.16: Cost structure trend in European industry

Figure 5.17: Cost structure trend in Asia pacific industry

Figure 5.18: Top 5 companies v/s global motor vehicle insurance industry gross profit & net profit analysis 2011

Figure 5.19: Cash on hand for global motor vehicle insurance industry 2006-11($ B)

Figure 5.20: Cash on hand for global motor vehicle insurance industry 2006-11(%)

Figure 5.21: Total assets for global motor vehicle insurance industry 2006-11 ($ B)

Figure 5.22: Total assets for global motor vehicle Insurance Industry 2006-11 (%)

Figure 5.23: Total debt for global motor vehicle Insurance Industry 2006-11 ($ B)

Figure 5.24: Total debt for global motor vehicle Insurance Industry 2006-11 (%)

Figure 5.25: Industry shares of top players in global motor vehicle insurance industry 2006

Figure 5.26: Industry shares of top players in global motor vehicle insurance industry 2011

Figure 5.27: Global motor vehicle insurance industry market share analysis 2006

Figure 5.28: Global motor vehicle insurance industry market share analysis 2011

 

CHAPTER 6. Industry Forecasts

Figure 6.1: Global motor vehicle insurance industry forecast gross premium 2012-17 ($ B)

Figure 6.2: Global motor vehicle insurance industry forecast regional gross premium 2012-17 ($ B)

Figure 6.3: Global motor vehicle insurance industry forecast segment gross premium 2012-17 ($ B)

Figure 6.4: Global motor vehicle insurance industry forecast revenue 2012-17 ($ B)

Figure 6.5: Global motor vehicle insurance industry quarterly forecasts 2011-12

Figure 6.6: Global GDP growth rate forecast

Figure 6.7: Global inflation rate forecast

Figure 6.8: Global Population Growth Rate Forecast                  

Figure 6.9: Global unemployment rate forecast  

Figure 6.10: Regional GDP growth rate forecast 

Figure 6.11: Regional inflation rate forecast       

Figure 6.12: Regional population growth rate forecast    

Figure 6.13: Regional unemployment rate forecast

Figure 6.14: Global motor vehicle insurance industry regional forecast 2012-2017 ($ B)

Figure 6.15: Global motor vehicle insurance industry regional forecast 2012-2017 (%)

 

CHAPTER 7. Emerging Trends

Figure 7.1: Global motor vehicle insurance industry emerging trend

Figure 7.2: Global motor vehicle insurance industry opportunity by region

Figure 7.3: Global motor vehicle insurance industry opportunity by segment

 

 

 

 

List of Tables

CHAPTER 3. Industry Overview

Table 3.1 Global motor vehicle insurance industry parameters 2011

Table 3.2 Relative Industry attractiveness by region 

 

CHAPTER 5. Industry Trends

Table 5.1: Global motor vehicle insurance industry regional gross premium growth rate

Table 5.2: Global motor vehicle insurance industry regional revenue growth rate

Table 5.3: Global motor vehicle insurance industry segment gross premium growth rate

Table 5.4: Global motor vehicle insurance industry segment revenue growth rate

Table 5.5: Percentage change in cost structure

Table 5.6: Percentage change in cash on hand

Table 5.7: Percentage change in total assets

Table 5.8: Percentage change in total debt

Table 5.9: Key companies by highest revenue growth

Table 5.10: Key companies by lowest revenue growth

 

CHAPTER 6. Industry Forecasts

Table 6.1: Regional growth rate

Table 6.2: Segment growth rate