Life Insurance North America (NAFTA) Industry Guide 2017
December 2017
83
About the Report
About the Report
Life Insurance North America (NAFTA) Industry Guide 2017
Summary
The NAFTA Life Insurance industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Synopsis
Essential resource for top-line data and analysis covering the NAFTA life insurance market. Includes market size and segmentation data, textual and graphical analysis of market growth trends and leading companies.
Key highlights
The North American Free Trade Agreement (NAFTA) is a trade agreement between the countries in North America: the US, Canada and Mexico. The life insurance industry within the NAFTA countries had a total market value of USD 615.3 billion in 2016.The Mexico was the fastest growing country, with a CAGR of 10% over the 2012-16 period.
Within the life insurance industry, the US is the leading country among the NAFTA bloc, with market revenues of USD 558.8 billion in 2016. This was followed by Canada and Mexico, with a value of USD 45.3 and USD 11.2 billion, respectively.
The US is expected to lead the life insurance industry in the NAFTA bloc, with a value of USD 594.6 billion in 2021, followed by Canada and Mexico with expected values of USD 49.1 and USD 14.7 billion, respectively.
Scope
Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the NAFTA life insurance market
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the NAFTA life insurance market
Leading company profiles reveal details of key life insurance market players� NAFTA operations and financial performance
Add weight to presentations and pitches by understanding the future growth prospects of the NAFTA life insurance market with five year forecasts
Compares data from the US, Canada and Mexico, alongside individual chapters on each country
Reasons to Buy
What was the size of the NAFTA life insurance market by value in 2016?
What will be the size of the NAFTA life insurance market in 2021?
What factors are affecting the strength of competition in the NAFTA life insurance market?
How has the market performed over the last five years?
Who are the top competitors in the NAFTA life insurance market?
Products
Table of Contents
Table of Contents
Table of Contents
Introduction
What is this report about?
Who is the target reader?
How to use this report
Definitions
NAFTA Life Insurance
Industry Outlook
Life Insurance in Canada
Market Overview
Market Data
Market Segmentation
Market outlook
Five forces analysis
Macroeconomic indicators
Life Insurance in Mexico
Market Overview
Market Data
Market Segmentation
Market outlook
Five forces analysis
Macroeconomic indicators
Life Insurance in The United States
Market Overview
Market Data
Market Segmentation
Market outlook
Five forces analysis
Macroeconomic indicators
Company Profiles
Leading Companies
Appendix
Methodology
About MarketLine
List of Figure
List of Figures
Figure 1: NAFTA countries life insurance industry, revenue (USD bn), 2012-21
Figure 2: NAFTA countries life insurance industry, revenue (USD bn), 2012-16
Figure 3: NAFTA countries life insurance industry forecast, revenue (USD bn), 2016-21
Figure 4: Canada life insurance market value: USD billion, 2012-16
Figure 5: Canada life insurance market category segmentation: % share, by value, 2016
Figure 6: Canada life insurance market geography segmentation: % share, by value, 2016
Figure 7: Canada life insurance market share: % share, by value, 2016
Figure 8: Canada life insurance market value forecast: USD billion, 2016-21
Figure 9: Forces driving competition in the life insurance market in Canada, 2016
Figure 10: Drivers of buyer power in the life insurance market in Canada, 2016
Figure 11: Drivers of supplier power in the life insurance market in Canada, 2016
Figure 12: Factors influencing the likelihood of new entrants in the life insurance market in Canada, 2016
Figure 13: Factors influencing the threat of substitutes in the life insurance market in Canada, 2016
Figure 14: Drivers of degree of rivalry in the life insurance market in Canada, 2016
Figure 15: Mexico life insurance market value: USD billion, 2012-16
Figure 16: Mexico life insurance market category segmentation: % share, by value, 2016
Figure 17: Mexico life insurance market geography segmentation: % share, by value, 2016
Figure 18: Mexico life insurance market share: % share, by value, 2016
Figure 19: Mexico life insurance market value forecast: USD billion, 2016-21
Figure 20: Forces driving competition in the life insurance market in Mexico, 2016
Figure 21: Drivers of buyer power in the life insurance market in Mexico, 2016
Figure 22: Drivers of supplier power in the life insurance market in Mexico, 2016
Figure 23: Factors influencing the likelihood of new entrants in the life insurance market in Mexico, 2016
Figure 24: Factors influencing the threat of substitutes in the life insurance market in Mexico, 2016
Figure 25: Drivers of degree of rivalry in the life insurance market in Mexico, 2016
Figure 26: United States life insurance market value: USD billion, 2012-16
Figure 27: United States life insurance market category segmentation: % share, by value, 2016
Figure 28: United States life insurance market geography segmentation: % share, by value, 2016
Figure 29: United States life insurance market share: % share, by value, 2016
Figure 30: United States life insurance market value forecast: USD billion, 2016-21
Figure 31: Forces driving competition in the life insurance market in the United States, 2016
Figure 32: Drivers of buyer power in the life insurance market in the United States, 2016
Figure 33: Drivers of supplier power in the life insurance market in the United States, 2016
Figure 34: Factors influencing the likelihood of new entrants in the life insurance market in the United States, 2016
Figure 35: Factors influencing the threat of substitutes in the life insurance market in the United States, 2016
Figure 36: Drivers of degree of rivalry in the life insurance market in the United States, 2016
Figure 37: Assurant, Inc.: revenues & profitability
Figure 38: Assurant, Inc.: assets & liabilities
Figure 39: Torchmark Corporation: revenues & profitability
Figure 40: Torchmark Corporation: assets & liabilities
Figure 41: Grupo Nacional Provincial, S.A.B.: revenues & profitability
Figure 42: Grupo Nacional Provincial, S.A.B.: assets & liabilities
Figure 43: MetLife, Inc.: revenues & profitability
Figure 44: MetLife, Inc.: assets & liabilities
Figure 45: New York Life Insurance Company: revenues & profitability
Figure 46: New York Life Insurance Company: assets & liabilities
Figure 47: Prudential Financial Inc: revenues & profitability
Figure 48: Prudential Financial Inc: assets & liabilities
List of Table
List of Tables
Table 1: NAFTA countries life insurance industry, revenue (USD bn), 2012-21
Table 2: NAFTA countries life insurance industry, revenue (USD bn), 2012-16
Table 3: NAFTA countries life insurance industry forecast, revenue (USD bn), 2016-21
Table 4: Canada life insurance market value: USD billion, 2012-16
Table 5: Canada life insurance market category segmentation: USD billion, 2016
Table 6: Canada life insurance market geography segmentation: USD billion, 2016
Table 7: Canada life insurance market share: % share, by value, 2016
Table 8: Canada life insurance market value forecast: USD billion, 2016-21
Table 9: Canada size of population (million), 2012-16
Table 10: Canada gdp (constant 2005 prices, USD billion), 2012-16
Table 11: Canada gdp (current prices, USD billion), 2012-16
Table 12: Canada inflation, 2012-16
Table 13: Canada consumer price index (absolute), 2012-16
Table 14: Canada exchange rate, 2012-16
Table 15: Mexico life insurance market value: USD billion, 2012-16
Table 16: Mexico life insurance market category segmentation: USD billion, 2016
Table 17: Mexico life insurance market geography segmentation: USD billion, 2016
Table 18: Mexico life insurance market share: % share, by value, 2016
Table 19: Mexico life insurance market value forecast: USD billion, 2016-21
Table 20: Mexico size of population (million), 2012-16
Table 21: Mexico gdp (constant 2005 prices, USD billion), 2012-16
Table 22: Mexico gdp (current prices, USD billion), 2012-16
Table 23: Mexico inflation, 2012-16
Table 24: Mexico consumer price index (absolute), 2012-16
Table 25: Mexico exchange rate, 2012-16
Table 26: United States life insurance market value: USD billion, 2012-16
Table 27: United States life insurance market category segmentation: USD billion, 2016
Table 28: United States life insurance market geography segmentation: USD billion, 2016
Table 29: United States life insurance market share: % share, by value, 2016
Table 30: United States life insurance market value forecast: USD billion, 2016-21
Table 31: United States size of population (million), 2012-16
Table 32: United States gdp (constant 2005 prices, USD billion), 2012-16
Table 33: United States gdp (current prices, USD billion), 2012-16
Table 34: United States inflation, 2012-16
Table 35: United States consumer price index (absolute), 2012-16
Table 36: United States exchange rate, 2012-15
Table 37: Assurant, Inc.: key facts
Table 38: Assurant, Inc.: key financials (USD )
Table 39: Assurant, Inc.: key financial ratios
Table 40: Knights of Columbus: key facts
Table 41: Torchmark Corporation: key facts
Table 42: Torchmark Corporation: key financials (USD )
Table 43: Torchmark Corporation: key financial ratios
Table 44: Grupo Nacional Provincial, S.A.B.: key facts
Table 45: Grupo Nacional Provincial, S.A.B.: key financials (USD )
Table 46: Grupo Nacional Provincial, S.A.B.: key financials (MXN)
Table 47: Grupo Nacional Provincial, S.A.B.: key financial ratios
Table 48: Seguros Monterrey New York Life SA de CV: key facts
Table 49: Seguros Banamex SA de CV: key facts
Table 50: MetLife, Inc.: key facts
Table 51: MetLife, Inc.: key financials (USD )
Table 52: MetLife, Inc.: key financial ratios
Table 53: New York Life Insurance Company: key facts
Table 54: New York Life Insurance Company: key financials (USD )
Table 55: New York Life Insurance Company: key financial ratios
Table 56: The Northwestern Mutual Life Insurance Company: key facts
Table 57: Prudential Financial Inc: key facts
Table 58: Prudential Financial Inc: key financials (USD )
Table 59: Prudential Financial Inc: key financial ratios
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