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Car Insurance in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Car Insurance Market Research Report | Advisory & Financial Services | Specialist Insurance Lines | 2016

Peak hour: Ongoing growth in the number of motor vehicles drives premium growth

The Car Insurance market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
Allianz Australia Allianz Australia market share
IAG IAG market share
QBE Insurance Group QBE Insurance Group market share
Suncorp Group Suncorp Group market share
Industry Statistics & Market Size
Revenue
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Annual Growth 12-17
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Annual Growth 17-22
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Profit
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Employment
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Businesses
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What is the Car Insurance industry?

The geographic spread of businesses in the industry generally follows that of the population spread and distribution of vehicles in Australia. New South Wales is estimated to account for 39.7% industry enterprises while generating 40.2% of industry revenue. Revenue in New South Wales is proportionately higher than the percentage of enterprises, as the average premium paid by NSW drivers is higher compared with other states. This can partly be attributed to a higher proportion of claims made in the state. Victoria is the second largest state in terms of revenue and enterprises, closely followed by Queensland and then Western Australia. The remaining states account for approximately 10.0% of industry revenue and enterprises combined... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents
Major products in this industry
Commercial motor vehicle insurancePrivate motor vehicle insuranceCompulsory third-party motor vehicle insurance
 
Examples of brands in this Industry
Shannon's, Just Car, Bingle, AAMISGIO, CGU, NRMA, SwannInsureMyRide, Just Car, Bingle, AAMI


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