Motor insurance represented 42% of all non-life gross premiums of the overall property and casualty insurance market in 2017. Motor and other traditional P&C lines, both personal and commercial, therefore, is likely to face a sluggish growth in the coming years. Motor insurance is highly correlated with the economic performance of countries. Although advanced economies are showing signs of recovery, motor insurance premiums are likely to remain under pressure, not from disruptive technologies, which drive changes in motor vehicle safety and impact both loss frequency and severity at the same time. The impact on motor insurance is likely to increase, as cars evolve and move up in the level of technological automation, from limited and partial automation to highly and fully automated functionalities. Motor insurance premium growth has been diverging in the advanced and developing markets over the last decade. Premium growth in the more mature advanced markets has stagnated, while motor insurance has expanded rapidly in the emerging markets. The outlook for advanced economies, however, is improving, and is expected to pick up, in line with economic growth over the forecast period. The emerging markets, meanwhile, is expected to slow slightly, but still outperform.

1. INTRODUCTION

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET INSIGHTS

5. MARKET SEGMENTATION

6. COMPETITIVE LANDSCAPE

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

8. DISCLAIMER