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Global Marine Insurance Market 2024-2028

Publisher TechNavio
Published May 17, 2024
Length 179 Pages
SKU # INF18930516

Description

Global Marine Insurance Market 2024-2028


Technavio has been monitoring the marine insurance market and is forecast to grow by USD 5415.1 mn during 2023-2028, accelerating at a CAGR of 3.32% during the forecast period. Our report on the marine insurance market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by use of multiple distribution channels, increase in premium contribution from emerging markets, and improvements in industry regulations.

Technavio's marine insurance market is segmented as below:

By Product
  • Cargo
  • Hull
  • Offshore energy
  • Marine liability
By End-user
  • Cargo owners
  • Traders
  • Government
By Geographical Landscape
  • Europe
  • APAC
  • South America
  • Middle East and Africa
  • North America
This study identifies the increase in M and A and collaborations as one of the prime reasons driving the marine insurance market growth during the next few years. Also, increase in the use of iot and increase in automation of business processes will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the marine insurance market covers the following areas:
  • Marine insurance market sizing
  • Marine insurance market forecast
  • Marine insurance market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading marine insurance market vendors that include Allianz SE, American International Group Inc., Aon plc, Arthur J. Gallagher and Co., Atrium Underwriters Ltd., AXA Group, Beazley Plc, Chubb Ltd., Hannover Re, Munich Reinsurance Co., Samsung Fire and Marine Insurance Co. Ltd., Sompo Holdings Inc., Swiss Re Ltd., Thomas Miller and Co. Ltd., Tokio Marine Holdings Inc., United India Insurance Co. Ltd., and Zurich Insurance Co. Ltd.. Also, the marine insurance market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Table of Contents

179 Pages
    • Market overview
    • Market ecosystem
    • Market characteristics
    • Value chain analysis
    • Market definition
    • Market segment analysis
    • Market size 2023
    • Market outlook: Forecast for 2023-2028
    • Global Marine Insurance Market 2018 - 2022
    • Product segment analysis 2018 - 2022
    • End-user segment analysis 2018 - 2022
    • Geography segment analysis 2018 - 2022
    • Country segment analysis 2018 - 2022
    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition
    • Market segments
    • Comparison by Product
    • Cargo - Market size and forecast 2023-2028
    • Hull - Market size and forecast 2023-2028
    • Offshore energy - Market size and forecast 2023-2028
    • Marine liability - Market size and forecast 2023-2028
    • Market opportunity by Product
    • Market segments
    • Comparison by End-user
    • Cargo owners - Market size and forecast 2023-2028
    • Traders - Market size and forecast 2023-2028
    • Government - Market size and forecast 2023-2028
    • Market opportunity by End-user
    • Customer landscape overview
    • Geographic segmentation
    • Geographic comparison
    • Europe - Market size and forecast 2023-2028
    • APAC - Market size and forecast 2023-2028
    • South America - Market size and forecast 2023-2028
    • Middle East and Africa - Market size and forecast 2023-2028
    • North America - Market size and forecast 2023-2028
    • UK - Market size and forecast 2023-2028
    • Germany - Market size and forecast 2023-2028
    • China - Market size and forecast 2023-2028
    • France - Market size and forecast 2023-2028
    • Singapore - Market size and forecast 2023-2028
    • Market opportunity by geography
    • Market drivers
    • Market challenges
    • Impact of drivers and challenges
    • Market opportunities/restraints
    • Overview
    • Competitive Landscape
    • Landscape disruption
    • Industry risks
    • Companies profiled
    • Market positioning of companies
    • Allianz SE
    • American International Group Inc.
    • Aon plc
    • Arthur J. Gallagher and Co.
    • Atrium Underwriters Ltd.
    • AXA Group
    • Beazley Plc
    • Chubb Ltd.
    • Hannover Re
    • Munich Reinsurance Co.
    • Samsung Fire and Marine Insurance Co. Ltd.
    • Sompo Holdings Inc.
    • Swiss Re Ltd.
    • Thomas Miller and Co. Ltd.
    • Tokio Marine Holdings Inc.
    • Scope of the report
    • Inclusions and exclusions checklist
    • Currency conversion rates for US$
    • Research methodology
    • Data procurement
    • Data validation
    • Validation techniques employed for market sizing
    • Data synthesis
    • 360 degree market analysis
    • List of abbreviations
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