Australia Life And Non-life Insurance Market Share

Market Share of Australia Life And Non-life Insurance Industry

Australia's life and non-life insurance market is moderately consolidated in nature. Some of the major players operating in the industry are currently dominating the market. However, with technological advancement and product innovation, mid-size to smaller companies are increasing their market presence by securing new contracts and tapping new markets. The major players are Insurance Australia Group Limited, Suncorp Group, AIA Group Limited, Zurich and Medibank Private Limited.

Australia Life and Non-Life Insurance Market Leaders

1. Insurance Australia Group Limited

2. Suncorp Group

3. AIA Group Limited

4. Zurich

5. Medibank Private Limited

*Disclaimer: Major Players sorted in no particular order