Please Wait.....
Report
Life Insurance & Pension BRIC (Brazil, Russia, India, China) Industry Guide 2019-2028
Industry Report I 2024-11-22 I 136 Pages I MarketLine
Life Insurance & Pension BRIC (Brazil, Russia, India, China) Industry Guide 2019-2028
Summary
The BRIC Life Insurance & pension industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value , 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 Highlights
- Brazil, Russian Federation, India and China (BRIC) are the emerging and fast growing countries within the life insurance & pension industry and had a total market value of $543.7 billion in 2023. Russia was the fastest growing country with a CAGR of 6.8% over the 2019-23 period.
- Within the life insurance & pension industry, China is the leading country among the BRIC nations with market revenues of $390.3 billion in 2023. This was followed by India, Brazil and Russia with a value of $100.4, $44.8, and $8.2 billion, respectively.
- China is expected to lead the life insurance & pension industry in the BRIC nations with a value of $515.8 billion in 2028, followed by India, Brazil, Russia with expected values of $137.5, $55.3 and $13.5 billion, respectively.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the BRIC life insurance & pension market
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the BRIC life insurance & pension market
- Leading company profiles reveal details of key life insurance market players' BRIC operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the BRIC life insurance market with five year forecasts
- Compares data from Brazil, Russia, India, and China, alongside individual chapters on each country
Reasons to Buy
- What was the size of the BRIC life insurance & pension market by value in 2023?
- What will be the size of the BRIC life insurance & pension market in 2028?
- What factors are affecting the strength of competition in the BRIC life insurance market?
- How has the market performed over the last five years?
- Who are the top competitors in the BRIC life insurance market?
Table of Contents
1 Introduction
1.1. What is this report about?
1.2. Who is the target reader?
1.3. How to use this report
1.4. Definitions
2 BRIC Life Insurance & Pension
2.1. Industry Outlook
3 Life Insurance & Pension in Brazil
3.1. Market Overview
3.2. Market Data
3.3. Market Segmentation
3.4. Market outlook
3.5. Five forces analysis
4 Macroeconomic Indicators
4.1. Country data
5 Life Insurance & Pension in China
5.1. Market Overview
5.2. Market Data
5.3. Market Segmentation
5.4. Market outlook
5.5. Five forces analysis
6 Macroeconomic Indicators
6.1. Country data
7 Life Insurance & Pension in India
7.1. Market Overview
7.2. Market Data
7.3. Market Segmentation
7.4. Market outlook
7.5. Five forces analysis
8 Macroeconomic Indicators
8.1. Country data
9 Life Insurance & Pension in Russia
9.1. Market Overview
9.2. Market Data
9.3. Market Segmentation
9.4. Market outlook
9.5. Five forces analysis
10 Macroeconomic Indicators
10.1. Country data
11 Company Profiles
11.1. Brasilprev Seguros e Previdencia SA
11.2. Banco Bradesco SA
11.3. CaixaBank SA
11.4. Zurich Insurance Group Ltd
11.5. Ping An Insurance (Group) Company of China Ltd
11.6. The People's Insurance Company (Group) of China Ltd
11.7. China Pacific Life Insurance Co Ltd
11.8. China Life Insurance Co Ltd
11.9. SBI Life Insurance Co Ltd
11.10. HDFC Life Insurance Co Ltd
11.11. ICICI Prudential Life Insurance Co Ltd
11.12. Sberbank Life Insurance
11.13. AlfaStrakhovanie Group
11.14. Rosgosstrakh
11.15. Renaissance Life Insurance Company Russia
12 Appendix
12.1. Methodology
12.2. About MarketLine
List of Tables
Table 1: BRIC life insurance & pension industry, revenue($bn), 2019-28
Table 2: BRIC life insurance & pension industry, revenue($bn), 2019-23
Table 3: BRIC life insurance & pension industry, revenue($bn), 2023-28
Table 4: Brazil life insurance & pension market value: $ billion, 2018-23
Table 5: Brazil life insurance & pension market category segmentation: % share, by value, 2018-23
Table 6: Brazil life insurance & pension market category segmentation: $ billion, 2018-23
Table 7: Brazil life insurance & pension market geography segmentation: $ billion, 2023
Table 8: Brazil life insurance & pension market share: % share, by value, 2023
Table 9: Brazil life insurance & pension market value forecast: $ billion, 2023-28
Table 10: Brazil Size of Population (million), 2019-23
Table 11: Brazil real GDP (Constant 2010 Prices, $ billion), 2019-23
Table 12: Brazil GDP (Current Prices, $ Billion), 2019-23
Table 13: Brazil Inflation, 2019-23
Table 14: Brazil Consumer Price Index (Absolute), 2019-23
Table 15: Brazil exchange rate, 2018-23
Table 16: China life insurance & pension market value: $ billion, 2018-23
Table 17: China life insurance & pension market category segmentation: % share, by value, 2018-23
Table 18: China life insurance & pension market category segmentation: $ billion, 2018-23
Table 19: China life insurance & pension market geography segmentation: $ billion, 2023
Table 20: China life insurance & pension market value forecast: $ billion, 2023-28
Table 21: China Size of Population (million), 2019-23
Table 22: China real GDP (Constant 2010 Prices, $ billion), 2019-23
Table 23: China GDP (Current Prices, $ Billion), 2019-23
Table 24: China Inflation, 2019-23
Table 25: China Consumer Price Index (Absolute), 2019-23
Table 26: China exchange rate, 2018-23
Table 27: India life insurance & pension market value: $ billion, 2018-23
Table 28: India life insurance & pension market category segmentation: % share, by value, 2018-23
Table 29: India life insurance & pension market category segmentation: $ billion, 2018-23
Table 30: India life insurance & pension market geography segmentation: $ billion, 2023
Table 31: India life insurance & pension market share: % share, by value, 2023
Table 32: India life insurance & pension market value forecast: $ billion, 2023-28
Table 33: India Size of Population (million), 2019-23
Table 34: India real GDP (Constant 2010 Prices, $ billion), 2019-23
Table 35: India GDP (Current Prices, $ Billion), 2019-23
Table 36: India Inflation, 2019-23
Table 37: India Consumer Price Index (Absolute), 2019-23
Table 38: India exchange rate, 2018-23
Table 39: Russia life insurance & pension market value: $ billion, 2018-23
Table 40: Russia life insurance & pension market category segmentation: % share, by value, 2018-23
Table 41: Russia life insurance & pension market category segmentation: $ billion, 2018-23
Table 42: Russia life insurance & pension market geography segmentation: $ billion, 2023
Table 43: Russia life insurance & pension market share: % share, by value, 2023
Table 44: Russia life insurance & pension market value forecast: $ billion, 2023-28
Table 45: Russia Size of Population (million), 2019-23
Table 46: Russia real GDP (Constant 2010 Prices, $ billion), 2019-23
Table 47: Russia GDP (Current Prices, $ Billion), 2019-23
Table 48: Russia Inflation, 2019-23
Table 49: Russia Consumer Price Index (Absolute), 2019-23
Table 50: Russia exchange rate, 2018-23
Table 51: Brasilprev Seguros e Previdencia SA: key facts
Table 52: Brasilprev Seguros e Previdencia SA: Key Employees
Table 53: Banco Bradesco SA: key facts
Table 54: Banco Bradesco SA: Annual Financial Ratios
Table 55: Banco Bradesco SA: Key Employees
Table 56: Banco Bradesco SA: Key Employees Continued
Table 57: CaixaBank SA: key facts
Table 58: CaixaBank SA: Annual Financial Ratios
Table 59: CaixaBank SA: Key Employees
Table 60: CaixaBank SA: Key Employees Continued
Table 61: Zurich Insurance Group Ltd: key facts
Table 62: Zurich Insurance Group Ltd: Annual Financial Ratios
Table 63: Zurich Insurance Group Ltd: Key Employees
Table 64: Zurich Insurance Group Ltd: Key Employees Continued
Table 65: Ping An Insurance (Group) Company of China Ltd: key facts
Table 66: Ping An Insurance (Group) Company of China Ltd: Annual Financial Ratios
Table 67: Ping An Insurance (Group) Company of China Ltd: Key Employees
Table 68: The People's Insurance Company (Group) of China Ltd: key facts
Table 69: The People's Insurance Company (Group) of China Ltd: Annual Financial Ratios
Table 70: The People's Insurance Company (Group) of China Ltd: Key Employees
Table 71: China Pacific Life Insurance Co Ltd: key facts
Table 72: China Pacific Life Insurance Co Ltd: Key Employees
Table 73: China Life Insurance Co Ltd: key facts
Table 74: China Life Insurance Co Ltd: Annual Financial Ratios
Table 75: China Life Insurance Co Ltd: Key Employees
Table 76: SBI Life Insurance Co Ltd: key facts
Table 77: SBI Life Insurance Co Ltd: Annual Financial Ratios
Table 78: SBI Life Insurance Co Ltd: Key Employees
Table 79: HDFC Life Insurance Co Ltd: key facts
Table 80: HDFC Life Insurance Co Ltd: Annual Financial Ratios
Table 81: HDFC Life Insurance Co Ltd: Key Employees
Table 82: ICICI Prudential Life Insurance Co Ltd: key facts
Table 83: ICICI Prudential Life Insurance Co Ltd: Annual Financial Ratios
Table 84: ICICI Prudential Life Insurance Co Ltd: Key Employees
Table 85: Sberbank Life Insurance: key facts
Table 86: Sberbank Life Insurance: Key Employees
Table 87: AlfaStrakhovanie Group: key facts
Table 88: AlfaStrakhovanie Group: Key Employees
Table 89: Rosgosstrakh: key facts
Table 90: Rosgosstrakh: Annual Financial Ratios
Table 91: Rosgosstrakh: Key Employees
List of Figures
Figure 1: BRIC life insurance & pension industry, revenue($bn), 2019-28
Figure 2: BRIC life insurance & pension industry, revenue($bn), 2019-23
Figure 3: BRIC life insurance & pension industry, revenue($bn), 2023-28
Figure 4: Brazil life insurance & pension market value: $ billion, 2018-23
Figure 5: Brazil life insurance & pension market category segmentation: $ billion, 2018-23
Figure 6: Brazil life insurance & pension market geography segmentation: % share, by value, 2023
Figure 7: Brazil life insurance & pension market share: % share, by value, 2023
Figure 8: Brazil life insurance & pension market value forecast: $ billion, 2023-28
Figure 9: Forces driving competition in the life insurance & pension market in Brazil, 2023
Figure 10: Drivers of buyer power in the life insurance & pension market in Brazil, 2023
Figure 11: Drivers of supplier power in the life insurance & pension market in Brazil, 2023
Figure 12: Factors influencing the likelihood of new entrants in the life insurance & pension market in Brazil, 2023
Figure 13: Factors influencing the threat of substitutes in the life insurance & pension market in Brazil, 2023
Figure 14: Drivers of degree of rivalry in the life insurance & pension market in Brazil, 2023
Figure 15: China life insurance & pension market value: $ billion, 2018-23
Figure 16: China life insurance & pension market category segmentation: $ billion, 2018-23
Figure 17: China life insurance & pension market geography segmentation: % share, by value, 2023
Figure 18: China life insurance & pension market value forecast: $ billion, 2023-28
Figure 19: Forces driving competition in the life insurance & pension market in China, 2023
Figure 20: Drivers of buyer power in the life insurance & pension market in China, 2023
Figure 21: Drivers of supplier power in the life insurance & pension market in China, 2023
Figure 22: Factors influencing the likelihood of new entrants in the life insurance & pension market in China, 2023
Figure 23: Factors influencing the threat of substitutes in the life insurance & pension market in China, 2023
Figure 24: Drivers of degree of rivalry in the life insurance & pension market in China, 2023
Figure 25: India life insurance & pension market value: $ billion, 2018-23
Figure 26: India life insurance & pension market category segmentation: $ billion, 2018-23
Figure 27: India life insurance & pension market geography segmentation: % share, by value, 2023
Figure 28: India life insurance & pension market share: % share, by value, 2023
Figure 29: India life insurance & pension market value forecast: $ billion, 2023-28
Figure 30: Forces driving competition in the life insurance & pension market in India, 2023
Figure 31: Drivers of buyer power in the life insurance & pension market in India, 2023
Figure 32: Drivers of supplier power in the life insurance & pension market in India, 2023
Figure 33: Factors influencing the likelihood of new entrants in the life insurance & pension market in India, 2023
Figure 34: Factors influencing the threat of substitutes in the life insurance & pension market in India, 2023
Figure 35: Drivers of degree of rivalry in the life insurance & pension market in India, 2023
Figure 36: Russia life insurance & pension market value: $ billion, 2018-23
Figure 37: Russia life insurance & pension market category segmentation: $ billion, 2018-23
Figure 38: Russia life insurance & pension market geography segmentation: % share, by value, 2023
Figure 39: Russia life insurance & pension market share: % share, by value, 2023
Figure 40: Russia life insurance & pension market value forecast: $ billion, 2023-28
Figure 41: Forces driving competition in the life insurance & pension market in Russia, 2023
Figure 42: Drivers of buyer power in the life insurance & pension market in Russia, 2023
Figure 43: Drivers of supplier power in the life insurance & pension market in Russia, 2023
Figure 44: Factors influencing the likelihood of new entrants in the life insurance & pension market in Russia, 2023
Figure 45: Factors influencing the threat of substitutes in the life insurance & pension market in Russia, 2023
Figure 46: Drivers of degree of rivalry in the life insurance & pension market in Russia, 2023
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security