Service Industries
North America (NAFTA) Non-Life Insurance Market Summary, Competitive Analysis and Forecast, 2018-2027
North America (NAFTA) Non-Life Insurance Market Summary, Competitive Analysis and Forecast, 2018-2027
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North America (NAFTA) Non-Life Insurance Market Summary, Competitive Analysis and Forecast, 2018-2027
Summary
The NAFTA Non-Life Insurance industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2018-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key HighlightsThe North American Free Trade Agreement (NAFTA) is a trade agreement between the countries in North America: the US, Canada and Mexico. The non-life insurance industry within the NAFTA countries had a total market value of $2,291.2 billion in 2022.The Canada was the fastest growing country, with a CAGR of 7.7% over the 2018-22 period.Within the non-life insurance industry, the US is the leading country among the NAFTA bloc, with market revenues of $2,170.3 billion in 2022. This was followed by Canada and Mexico, with a value of $102.9 and $18.1 billion, respectively.The US is expected to lead the non-life insurance industry in the NAFTA bloc, with a value of $2,642.0 billion in 2027, followed by Canada and Mexico with expected values of $150.0 and $26.3 billion, respectively.ScopeSave time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the NAFTA non-life insurance marketUse the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the NAFTA non-life insurance marketLeading company profiles reveal details of key non-life insurance market players’ NAFTA operations and financial performanceAdd weight to presentations and pitches by understanding the future growth prospects of the NAFTA non-life insurance market with five year forecastsCompares data from the US, Canada and Mexico, alongside individual chapters on each countryReasons to BuyWhat was the size of the NAFTA non-life insurance market by value in 2022?What will be the size of the NAFTA non-life insurance market in 2027?What factors are affecting the strength of competition in the NAFTA non-life insurance market?How has the market performed over the last five years?Who are the top competitors in the NAFTA non-life insurance market?