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3blogo11.gif Commercial Non-Life Insurance Brokers in Japan and the BrokerBASE™ that accompanies it investigate the importance of both brokers and multi-tied agencies in the distribution of non-life insurance for businesses in Japan. This report first provides unique data for the size, segmentation and growth of the Japanese commercial non-life insurance market itself. It then quantifies the share of this market that is intermediated by brokers and multi-tied agencies, and, based on extensive primary research covering around 70 such entities in total, it ranks the leading 20 brokers and 15 multi-tied agencies in Japan according to their revenues from commercial non-life insurance, excluding income from other activities such as personal lines and employee benefits. This report provides unique data in the following areas: - the value of commercial non-life insurance markets for 2008 to 2012; - the share of this market distributed by brokers and multi-tied agencies in 2008 and 2012; Commercial Non-Life Insurance Brokers in Japan. - the revenues generated by commercial non-life insurance business for brokers and multi-tied agencies in 2008 and 2012; - the concentration of the markets for commercial non-life insurance broking and multi-tied agency activities; - forecasts for 2016 for the value of commercial non-life insurance premiums, brokers' and multi-tied agencies' share of this market, and the revenues of both types of intermediary from commercial non-life insurance business. Moreover, the report and the BrokerBASE™ that accompanies it can be used in one or more of the following ways: - to quantify the size and dynamism of the broker and multi-tied agency markets for commercial non-life insurance in Japan; - to utilise a single comprehensive source of information that uses a uniform methodology to size the underlying commercial non-life insurance market and to quantify the share of distribution of brokers and multi-tied agencies; - to assess a range of potential business opportunities: from selecting targets for acquisition to niche product development and ideas for distribution partnerships; - to understand the competitive landscape in Japan through its market concentration, the importance of international brokers, and the distribution strategies of both brokers and multi-tied agencies; - to identify the leading brokers and multi-tied agencies in Japan, with coverage of competitors such as Hitachi Insurance Services, Kyoritsu Insurance Brokers, Marsh, MST Insurance Service, MST Risk Consulting and Sojitz Insurance. Table of Contents 0.0 EXECUTIVE SUMMARY 1.0 INTRODUCTION What is this report about? The focus is uniquely on commercial non-life insurance, excluding other types of business... ...and on both genuine broking and the activities of multi-tied agencies Rationale Methodology Research program Market data analysis Definitions Premiums Abbreviations BrokerBASE Finaccord 2.0 MARKET ANALYSIS Introduction Regulatory information The concept of insurance broking in Japan was only recognised in 1996... ...and the overall number of brokers remains low Just under a quarter of all general insurance agencies in Japan are multi-tied Commercial non-life insurance market Premiums registered steady growth in real terms between 2008 and 2012... ...with commercial liability insurance outperforming other segments Commercial non-life insurance brokers and multi-tied agencies Overview of the distribution of commercial non-life insurance Japanese brokers find it difficult to compete with corporations’ in-house agents... ...although they have carved out niches in some product segments Multi-tied agencies generated about USD 4.2 billion in revenues in 2011 through commercial lines Competitor trends and specialisms - brokers The ten largest brokers control nearly three quarters of commercial non-life broking revenues Aon is currently not active in Japan as a retail broker for commercial non-life insurance Kyoritsu specialises in representing foreign clients and international networks... ...while Ginsen and MST Risk Consulting have connections to major Japanese financial groups Bluewell Insurance Brokers doubled its insurance broking revenues between 2004 and 2011 Commercial non-life insurance is the largest source of income for most of the larger brokers... ... although reinsurance is important to some brokers Distribution strategies - brokers Five of the top 20 brokers can be classified as regional specialists... ...and several specialise in particular product segments... ... or particular client sectors, such as Tokai Hoken which primarily works for public sector organisations For more information kindly visit :Commercial Non-Life Insurance Brokers in Japan. Or Bharat Book Bureau Tel: +91 22 27810772 / 27810773 Toll Free No for USA/Canada : 1-866-279-8368 Email: info@bharatbook.com Website: www.bharatbook.com Follow us on twitter: https://twitter.com/researchbook Our Blogs: http://www.linkedin.com/company/bharat-book-bureau http://financemarketreports.blogspot.com/
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