Specialty Insurance Market
Specialty Insurance Market - Global Industry Assessment & Forecast
#
Pages:
142
2022
Jul - 2022
VMR-1688
Segments Covered
By
Type Marine, Aviation & Transport (MAT), Political Risk & Credit Insurance, Entertainment Insurance, Art Insurance, Livestock & Aquaculture Insurance, Other Types
-
By
Distribution Channel Brokers, Non-Brokers
-
By
End-User Business, Individuals
-
By
Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
 Base Year:
|
2022 |
| Forecast
Years:
|
2023 - 2030 |
 Historical
Years:
|
2017 - 2021 |
 Revenue
2022: |
USD 80.66 Billion |
 Revenue 2030:
|
USD 160.74 Billion |
 Revenue CAGR
(2023 - 2030): |
9.00% |
Fastest Growing Region (2023 -
2030)
|
Asia Pacific |
Largest Region (2022):
|
Europe |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Research Methodology: Specialty Insurance Market by Type by Distribution Channel by End-User by Region - Global Market Assessment, 2021 - 2028
Secondary Research
Primary Research:
The next stage involves the primary research conducted to gather further information and revalidate the data collected from the secondary research. Moreover, primary research is also conducted to identify key players in the market and to gather their market-specific financial information. Moreover, primary interviews also provide us information regarding region market trends, segmental trends, top market players and their financials, and supply-demand scenarios of the market along with such other market developments.
Data Triangulation and Market Size Estimations
Top-down and bottom-up approaches are used to validate and estimate the market size of the Specialty Insurance market. After the determination of the overall market size, the market is divided into various segments and sub-segments. Moreover, these same approaches mentioned above were used to derive and estimate market numbers for mentioned segments/sub-segments in the market. The data was triangulated by employing various data models and statistical techniques to arrive at exact statics and market size for each segment/sub-segment of the market.
Vantage Market
Research | 20-Jul-2022
FAQ
Frequently Asked Question
What is the global demand for Specialty Insurance in terms of revenue?
-
The global Specialty Insurance valued at USD 80.66 Billion in 2022 and is expected to reach USD 160.74 Billion in 2030 growing at a CAGR of 9.00%.
Which are the prominent players in the market?
-
The prominent players in the market are AXA, American International Group Inc., Allianz, Assicurazioni Generali S.P.A., Berkshire Hathaway Inc., Chubb, Munich Re, PICC, Tokio Marine HCC.
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 9.00% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Specialty Insurance include
- Surge in demand for specialized expertise
Which region accounted for the largest share in the market?
-
Europe was the leading regional segment of the Specialty Insurance in 2022.
