Report cover image

Global Meteorological Index Insurance Market Research Report 2026(Status and Outlook)

Publisher Bosson Research
Published Jan 06, 2026
Length 139 Pages
SKU # BOSS20847171

Description

Report Overview

Meteorological Index Insurance refers to indexing the degree of crop damage caused by one or several climatic conditions (such as temperature, precipitation, wind speed, etc.). Each index has a corresponding crop yield and profit and loss. The insurance contract is based on this index. When the index reaches a certain level and has a certain impact on agricultural products, the insured can obtain corresponding standard compensation.A compelling view from recent research suggests that the meteorological index insurance market is evolving into a mainstream risk‑management tool rather than remaining a niche offering. This model—also known as parametric or weather index insurance—eliminates slow and subjective damage assessments by linking payouts directly to predefined weather triggers like rainfall, temperature, or drought indices. That shift delivers faster claims, lower administrative burden, and greater transparency. Innovation in satellite sensing, machine learning, remote‑sensing, and even blockchain smart contracts is increasing precision in index design and improving user trust in the product. Nonetheless, the model faces persistent challenges including basis risk—the potential mismatch between actual losses and payouts—and uneven data availability in some regions. Success ultimately hinges on designing robust indices calibrated to local conditions, forging effective public–private partnerships, and investing in user education and regulatory frameworks. Market participants capable of navigating these complexities stand to benefit significantly from rising demand for scalable, outcome‑oriented climate risk solutions.

The global Meteorological Index Insurance market size was estimated at USD 4824.0 million in 2025 and is projected to grow at a compound annual growth rate (CAGR) of 14.90% during the forecast period.

This report offers a comprehensive and in-depth analysis of the global Meteorological Index Insurance market, covering all critical facets from a broad macroeconomic overview to detailed micro-level insights. It examines market size, competitive landscape, emerging development trends, niche segments, key drivers and challenges, as well as conducts SWOT and value chain analyses.

The insights provided enable readers to understand the competitive dynamics within the industry and formulate effective strategies to enhance profitability and market positioning. Additionally, the report presents a clear framework for evaluating the current status and future outlook of business organizations operating in this sector.

A significant focus of this report lies in the competitive landscape of the global Meteorological Index Insurance market. It offers detailed profiles of major players, including their market shares, performance metrics, product portfolios, and operational status. This enables stakeholders to identify leading competitors and gain a nuanced understanding of market rivalry and structure.

In summary, this report serves as an essential resource for industry participants, investors, researchers, consultants, and business strategists, as well as anyone planning to enter or expand their presence in the Meteorological Index Insurance market.

Global Meteorological Index Insurance Market: Market Segmentation Analysis

This research report provides a detailed segmentation of the market by region (country), key manufacturers, product type, and application. Market segmentation divides the overall market into distinct subsets based on factors such as product categories, end-user industries, geographic locations, and other relevant criteria.

A clear understanding of these market segments enables decision-makers to tailor their product development, sales, and marketing strategies more effectively to meet the unique needs of each segment. Leveraging market segmentation insights can significantly enhance targeted approaches, optimize resource allocation, and accelerate product innovation cycles by aligning offerings with the specific demands of diverse customer groups.

Key Company

PICC

Zurich Insurance

Hannover Re

Swiss Re

Sompo

Munich Re

Willis Towers Watson

NAU Country Insurance(QBE)

China Pacific Property Insurance

China United Property Insurance

China Life Property & Casualty Insurance

Agriculture Insurance Company of India

Ping An Insurance

AXA

ProAg (Tokio Marine HCC)

Farmers Mutual Hail

SCOR

Allianz

Liberty Mutual

Mayfair Insurance

Pula Advisors

CARD-Pioneer Microinsurance

Descartes Underwriting

Sanasa General Insurance

Market Segmentation (by Type)

Wind Speed

Rainfall

Temperature

Others

Market Segmentation (by Application)

Agriculture

Fishery

Others

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Meteorological Index Insurance Market

Overview of the regional outlook of the Meteorological Index Insurance Market:

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Meteorological Index Insurance Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 9 shares the main producing countries of Meteorological Index Insurance, their output value, profit level, regional supply, production capacity layout, etc. from the supply side.

Chapter 10 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 11 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 12 provides a quantitative analysis of the market size and development potential of each market segment in the next five years.

Chapter 13 is the main points and conclusions of the report.

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors

You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents

The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

Provision of market value data for each segment and sub-segment

Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

Provides insight into the market through Value Chain

Market dynamics scenario, along with growth opportunities of the market in the years to come

Table of Contents

139 Pages
1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Meteorological Index Insurance
1.2 Key Market Segments
1.2.1 Meteorological Index Insurance Segment by Type
1.2.2 Meteorological Index Insurance Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Meteorological Index Insurance Market Overview
2.1 Global Market Overview
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Meteorological Index Insurance Market Competitive Landscape
3.1 Company Assessment Quadrant
3.2 Global Meteorological Index Insurance Product Life Cycle
3.3 Global Meteorological Index Insurance Revenue Market Share by Company (2020-2025)
3.4 Meteorological Index Insurance Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.5 Headquarters, Areas Served, and Product Types of Major Players
3.6 Meteorological Index Insurance Market Competitive Situation and Trends
3.6.1 Meteorological Index Insurance Market Concentration Rate
3.6.2 Global 5 and 10 Largest Meteorological Index Insurance Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4 Meteorological Index Insurance Value Chain Analysis
4.1 Meteorological Index Insurance Value Chain Analysis
4.2 Midstream Market Analysis
4.3 Downstream Customer Analysis
5 The Development and Dynamics of Meteorological Index Insurance Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Industry News
5.4.1 New Product Developments
5.4.2 Mergers & Acquisitions
5.4.3 Expansions
5.4.4 Collaboration/Supply Contracts
5.5 PEST Analysis
5.5.1 Industry Policies Analysis
5.5.2 Economic Environment Analysis
5.5.3 Social Environment Analysis
5.5.4 Technological Environment Analysis
5.6 Global Meteorological Index Insurance Market Porter's Five Forces Analysis
6 Meteorological Index Insurance Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Meteorological Index Insurance Market by Type (2020-2025)
6.3 Global Meteorological Index Insurance Market Size Growth Rate by Type (2021-2025)
7 Meteorological Index Insurance Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Meteorological Index Insurance Market Size (M USD) by Application (2020-2025)
7.3 Global Meteorological Index Insurance Market Size Growth Rate by Application (2021-2025)
8 Meteorological Index Insurance Market Segmentation by Region
8.1 Global Meteorological Index Insurance Market Size by Region
8.1.1 Global Meteorological Index Insurance Market Size by Region
8.1.2 Global Meteorological Index Insurance Market Size Market Share by Region
8.2 North America
8.2.1 North America Meteorological Index Insurance Market Size by Country
8.2.2 U.S.
8.2.3 Canada
8.2.4 Mexico
8.3 Europe
8.3.1 Europe Meteorological Index Insurance Market Size by Country
8.3.2 Germany
8.3.3 France
8.3.4 U.K.
8.3.5 Italy
8.3.6 Spain
8.4 Asia Pacific
8.4.1 Asia Pacific Meteorological Index Insurance Market Size by Region
8.4.2 China
8.4.3 Japan
8.4.4 South Korea
8.4.5 India
8.4.6 Southeast Asia
8.5 South America
8.5.1 South America Meteorological Index Insurance Market Size by Country
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Columbia
8.6 Middle East and Africa
8.6.1 Middle East and Africa Meteorological Index Insurance Market Size by Region
8.6.2 Saudi Arabia
8.6.3 UAE
8.6.4 Egypt
8.6.5 Nigeria
8.6.6 South Africa
9 Key Companies Profile
9.1 PICC
9.1.1 PICC Basic Information
9.1.2 PICC Meteorological Index Insurance Product Overview
9.1.3 PICC Meteorological Index Insurance Product Market Performance
9.1.4 PICC SWOT Analysis
9.1.5 PICC Business Overview
9.1.6 PICC Recent Developments
9.2 Zurich Insurance
9.2.1 Zurich Insurance Basic Information
9.2.2 Zurich Insurance Meteorological Index Insurance Product Overview
9.2.3 Zurich Insurance Meteorological Index Insurance Product Market Performance
9.2.4 Zurich Insurance SWOT Analysis
9.2.5 Zurich Insurance Business Overview
9.2.6 Zurich Insurance Recent Developments
9.3 Hannover Re
9.3.1 Hannover Re Basic Information
9.3.2 Hannover Re Meteorological Index Insurance Product Overview
9.3.3 Hannover Re Meteorological Index Insurance Product Market Performance
9.3.4 Hannover Re SWOT Analysis
9.3.5 Hannover Re Business Overview
9.3.6 Hannover Re Recent Developments
9.4 Swiss Re
9.4.1 Swiss Re Basic Information
9.4.2 Swiss Re Meteorological Index Insurance Product Overview
9.4.3 Swiss Re Meteorological Index Insurance Product Market Performance
9.4.4 Swiss Re Business Overview
9.4.5 Swiss Re Recent Developments
9.5 Sompo
9.5.1 Sompo Basic Information
9.5.2 Sompo Meteorological Index Insurance Product Overview
9.5.3 Sompo Meteorological Index Insurance Product Market Performance
9.5.4 Sompo Business Overview
9.5.5 Sompo Recent Developments
9.6 Munich Re
9.6.1 Munich Re Basic Information
9.6.2 Munich Re Meteorological Index Insurance Product Overview
9.6.3 Munich Re Meteorological Index Insurance Product Market Performance
9.6.4 Munich Re Business Overview
9.6.5 Munich Re Recent Developments
9.7 Willis Towers Watson
9.7.1 Willis Towers Watson Basic Information
9.7.2 Willis Towers Watson Meteorological Index Insurance Product Overview
9.7.3 Willis Towers Watson Meteorological Index Insurance Product Market Performance
9.7.4 Willis Towers Watson Business Overview
9.7.5 Willis Towers Watson Recent Developments
9.8 NAU Country Insurance(QBE)
9.8.1 NAU Country Insurance(QBE) Basic Information
9.8.2 NAU Country Insurance(QBE) Meteorological Index Insurance Product Overview
9.8.3 NAU Country Insurance(QBE) Meteorological Index Insurance Product Market Performance
9.8.4 NAU Country Insurance(QBE) Business Overview
9.8.5 NAU Country Insurance(QBE) Recent Developments
9.9 China Pacific Property Insurance
9.9.1 China Pacific Property Insurance Basic Information
9.9.2 China Pacific Property Insurance Meteorological Index Insurance Product Overview
9.9.3 China Pacific Property Insurance Meteorological Index Insurance Product Market Performance
9.9.4 China Pacific Property Insurance Business Overview
9.9.5 China Pacific Property Insurance Recent Developments
9.10 China United Property Insurance
9.10.1 China United Property Insurance Basic Information
9.10.2 China United Property Insurance Meteorological Index Insurance Product Overview
9.10.3 China United Property Insurance Meteorological Index Insurance Product Market Performance
9.10.4 China United Property Insurance Business Overview
9.10.5 China United Property Insurance Recent Developments
9.11 China Life Property and Casualty Insurance
9.11.1 China Life Property and Casualty Insurance Basic Information
9.11.2 China Life Property and Casualty Insurance Meteorological Index Insurance Product Overview
9.11.3 China Life Property and Casualty Insurance Meteorological Index Insurance Product Market Performance
9.11.4 China Life Property and Casualty Insurance Business Overview
9.11.5 China Life Property and Casualty Insurance Recent Developments
9.12 Agriculture Insurance Company of India
9.12.1 Agriculture Insurance Company of India Basic Information
9.12.2 Agriculture Insurance Company of India Meteorological Index Insurance Product Overview
9.12.3 Agriculture Insurance Company of India Meteorological Index Insurance Product Market Performance
9.12.4 Agriculture Insurance Company of India Business Overview
9.12.5 Agriculture Insurance Company of India Recent Developments
9.13 Ping An Insurance
9.13.1 Ping An Insurance Basic Information
9.13.2 Ping An Insurance Meteorological Index Insurance Product Overview
9.13.3 Ping An Insurance Meteorological Index Insurance Product Market Performance
9.13.4 Ping An Insurance Business Overview
9.13.5 Ping An Insurance Recent Developments
9.14 AXA
9.14.1 AXA Basic Information
9.14.2 AXA Meteorological Index Insurance Product Overview
9.14.3 AXA Meteorological Index Insurance Product Market Performance
9.14.4 AXA Business Overview
9.14.5 AXA Recent Developments
9.15 ProAg (Tokio Marine HCC)
9.15.1 ProAg (Tokio Marine HCC) Basic Information
9.15.2 ProAg (Tokio Marine HCC) Meteorological Index Insurance Product Overview
9.15.3 ProAg (Tokio Marine HCC) Meteorological Index Insurance Product Market Performance
9.15.4 ProAg (Tokio Marine HCC) Business Overview
9.15.5 ProAg (Tokio Marine HCC) Recent Developments
9.16 Farmers Mutual Hail
9.16.1 Farmers Mutual Hail Basic Information
9.16.2 Farmers Mutual Hail Meteorological Index Insurance Product Overview
9.16.3 Farmers Mutual Hail Meteorological Index Insurance Product Market Performance
9.16.4 Farmers Mutual Hail Business Overview
9.16.5 Farmers Mutual Hail Recent Developments
9.17 SCOR
9.17.1 SCOR Basic Information
9.17.2 SCOR Meteorological Index Insurance Product Overview
9.17.3 SCOR Meteorological Index Insurance Product Market Performance
9.17.4 SCOR Business Overview
9.17.5 SCOR Recent Developments
9.18 Allianz
9.18.1 Allianz Basic Information
9.18.2 Allianz Meteorological Index Insurance Product Overview
9.18.3 Allianz Meteorological Index Insurance Product Market Performance
9.18.4 Allianz Business Overview
9.18.5 Allianz Recent Developments
9.19 Liberty Mutual
9.19.1 Liberty Mutual Basic Information
9.19.2 Liberty Mutual Meteorological Index Insurance Product Overview
9.19.3 Liberty Mutual Meteorological Index Insurance Product Market Performance
9.19.4 Liberty Mutual Business Overview
9.19.5 Liberty Mutual Recent Developments
9.20 Mayfair Insurance
9.20.1 Mayfair Insurance Basic Information
9.20.2 Mayfair Insurance Meteorological Index Insurance Product Overview
9.20.3 Mayfair Insurance Meteorological Index Insurance Product Market Performance
9.20.4 Mayfair Insurance Business Overview
9.20.5 Mayfair Insurance Recent Developments
9.21 Pula Advisors
9.21.1 Pula Advisors Basic Information
9.21.2 Pula Advisors Meteorological Index Insurance Product Overview
9.21.3 Pula Advisors Meteorological Index Insurance Product Market Performance
9.21.4 Pula Advisors Business Overview
9.21.5 Pula Advisors Recent Developments
9.22 CARD-Pioneer Microinsurance
9.22.1 CARD-Pioneer Microinsurance Basic Information
9.22.2 CARD-Pioneer Microinsurance Meteorological Index Insurance Product Overview
9.22.3 CARD-Pioneer Microinsurance Meteorological Index Insurance Product Market Performance
9.22.4 CARD-Pioneer Microinsurance Business Overview
9.22.5 CARD-Pioneer Microinsurance Recent Developments
9.23 Descartes Underwriting
9.23.1 Descartes Underwriting Basic Information
9.23.2 Descartes Underwriting Meteorological Index Insurance Product Overview
9.23.3 Descartes Underwriting Meteorological Index Insurance Product Market Performance
9.23.4 Descartes Underwriting Business Overview
9.23.5 Descartes Underwriting Recent Developments
9.24 Sanasa General Insurance
9.24.1 Sanasa General Insurance Basic Information
9.24.2 Sanasa General Insurance Meteorological Index Insurance Product Overview
9.24.3 Sanasa General Insurance Meteorological Index Insurance Product Market Performance
9.24.4 Sanasa General Insurance Business Overview
9.24.5 Sanasa General Insurance Recent Developments
10 Meteorological Index Insurance Market Forecast by Region
10.1 Global Meteorological Index Insurance Market Size Forecast
10.2 Global Meteorological Index Insurance Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe Meteorological Index Insurance Market Size Forecast by Country
10.2.3 Asia Pacific Meteorological Index Insurance Market Size Forecast by Region
10.2.4 South America Meteorological Index Insurance Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Sales of Meteorological Index Insurance by Country
11 Forecast Market by Type and by Application (2026-2035)
11.1 Global Meteorological Index Insurance Market Forecast by Type (2026-2035)
11.1.1 Global Meteorological Index Insurance Market Size Forecast by Type (2026-2035)
11.2 Global Meteorological Index Insurance Market Forecast by Application (2026-2035)
11.2.1 Global Meteorological Index Insurance Market Size (M USD) Forecast by Application (2026-2035)
12 Conclusion and Key Findings
How Do Licenses Work?
Request A Sample
Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.