Global Insurance Brokers industry profile provides top-line qualitative and quantitative summary information including: market size (value 2010-14, and forecast to 2019). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Essential resource for top-line data and analysis covering the Global insurance brokers market. Includes market size data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.
The global insurance brokers market is valued in relation to the total commercial brokerage revenue of insurance and reinsurance brokerage firms. Market share has been calculated on the basis of revenue earned by the brokerage firms from revenues generated by insurance brokerage, brokerage, consulting and related services. All currency conversions have been carried out at constant annual average 2013 exchange rates.
The global insurance brokers sector is expected to generate total revenues of USD 49.3bn in 2014, representing a compound annual growth rate (CAGR) of 4.9% between 2010 and 2014.
The primary insurance segment is expected to be the sector's most lucrative in 2014, with total revenues of USD 42.6bn, equivalent to 86.5% of the sector's overall value.
The performance of the sector is forecast to decelerate, with an anticipated CAGR of 4% for the five-year period 2014-2019, which is expected to drive the sector to a value of USD 60.1bn by the end of 2019.
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