The Asia Pacific motor insurance market will grow by 7.1% annually with a total addressable market cap of $1,938.2 million over 2021-2027 owing to the mandatory requirement for vehicle insurance in various countries, the increased number of sales of new vehicles, the growing urbanization, and the rising disposable income among the middle income population.
Highlighted with 27 tables and 37 figures, this 91-page report “Asia Pacific Motor Insurance Market 2020-2027 by Policy Type (Liability, Comprehensive, Collision, Personal Injury), Premium Type (Personal, Commercial), Distribution Channel (Brokers & Agency, Financial Institutes, Direct Sales, Others), and Country: Trend Outlook and Growth Opportunity” is based on a comprehensive research of the entire Asia Pacific motor insurance market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain.
The report is based on studies on 2017-2019 and provides estimate for 2020 and forecast from 2021 till 2027 with 2019 as the base year. (The year 2020 is not appropriate for research base due to the outbreak of COVID-19.)
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
The report is based on studies on 2017-2019 and provides estimate for 2020 and forecast from 2021 till 2027 with 2019 as the base year. (The year 2020 is not appropriate for research base due to the outbreak of COVID-19.)
In-depth qualitative analyses include identification and investigation of the following aspects:
- Market Structure
- Growth Drivers
- Restraints and Challenges
- Emerging Product Trends & Market Opportunities
- Porter’s Fiver Forces
Report Scope
Based on Policy Type, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2017-2027 included in each section.
- Liability Insurance
- Comprehensive Coverage
- Collision Coverage
- Personal Injury Protection
Based on Premium Type, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2017-2027 included in each section.
- Personal Insurance Premiums
- Commercial Insurance Premiums
Based on Distribution Channel, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2017-2027 included in each section.
- Brokers & Agency
- Financial Institutes
- Direct Sales
- Other Distribution Channels
Geographically, the following regions together with the listed national/local markets are fully investigated:
- Japan
- China
- South Korea
- Australia
- India
- Rest of APAC (further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Key Players (this may not be a complete list and extra companies can be added upon request):
- Allianz SE
- Allstate Corporation
- Assicurazioni Generali
- Aviva PLC
- Berkshire Hathaway Inc
- Chubb Ltd.
- GEICO
- ICICI Lombard General Insurance Co. Ltd.
- Liberty Mutual Insurance
- Nationwide Mutual Insurance
- People's Insurance Company of China Ltd. (PICC)
- Ping An Insurance (Group) Co. of China Ltd.
- Porto Seguro S.A
- Samsung Fire and Marine Insurance Co. Ltd.
- Sompo Holdings Inc
- State Farm Mutual Automobile Insurance Company
- Zurich Insurance Group AG
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
Frequently Asked Questions about the Asian Pacific Motor Insurance Market
What is the estimated value of the Asian Pacific Motor Insurance Market?
What is the growth rate of the Asian Pacific Motor Insurance Market?
What is the forecasted size of the Asian Pacific Motor Insurance Market?
Who are the key companies in the Asian Pacific Motor Insurance Market?
| Report Attribute | Details |
|---|---|
| No. of Pages | 91 |
| Published | August 2021 |
| Forecast Period | 2020 - 2027 |
| Estimated Market Value ( USD | $ 206.2 Million |
| Forecasted Market Value ( USD | $ 332.7 Million |
| Compound Annual Growth Rate | 7.1% |
| Regions Covered | Asia Pacific |
Table of Contents
1 Introduction
2 Market Overview and Dynamics
3 Segmentation of Asia Pacific Market by Policy Type
4 Segmentation of Asia Pacific Market by Premium Type
5 Segmentation of Asia Pacific Market by Distribution Channel
6 Asia-Pacific Market 2020-2027 by Country
7 Competitive Landscape
List of Tables:
List of Figures:
Companies Mentioned
A selection of companies mentioned in this report includes:
- Allianz SE
- Allstate Corporation
- Assicurazioni Generali
- Aviva Plc
- Berkshire Hathaway Inc
- Chubb Ltd.
- GEICO
- ICICI Lombard General Insurance Co. Ltd.
- Liberty Mutual Insurance
- Nationwide Mutual Insurance
- People's Insurance Company of China Ltd. (PICC)
- Ping An Insurance (Group) Co. of China Ltd.
- Porto Seguro S.A
- Samsung Fire and Marine Insurance Co. Ltd.
- Sompo Holdings Inc
- State Farm Mutual Automobile Insurance Company
- Zurich Insurance Group AG
Methodology
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