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Agricultural Parametric Insurance Market: Global Opportunity Analysis and Industry Forecast, 2024-2033

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    Report

  • 285 Pages
  • January 2025
  • Region: Global
  • Allied Market Research
  • ID: 6120073
The agricultural parametric insurance market was valued at $5.88 billion in 2023 and is estimated to reach $11.34 billion by 2033, exhibiting a CAGR of 6.5% from 2024 to 2033. Agricultural parametric insurance is a financial product designed to protect farmers against specific weather-related risks, such as droughts or excessive rainfall. Unlike traditional insurance, which requires detailed loss assessments, parametric insurance triggers payouts based on predefined weather parameters, like rainfall levels or temperature thresholds, measured by reliable data sources. This approach enables quicker and more transparent compensation, allowing farmers to receive timely support when adverse weather events occur.

The global agricultural parametric insurance market is witnessing robust growth due to factors such as increase in recognition of the benefits of parametric insurance in mitigating agricultural risks and rise in occurrence of climate-related events such as droughts, floods, and storms. As per a study published by the Food and Agriculture Organization of the United Nations, drought is the leading cause of agricultural production losses in least developed countries and low- and middle-income countries, accounting for over 34% of crop and livestock production losses. Between 2008 and 2018, these losses amounted to approximately $37 billion. In addition, increase government initiatives to support victims of climate-related disasters significantly contributes toward the market growth. For instance, organizations like the African Risk Capacity Group (ARC) have been instrumental in providing rapid insurance payouts to victims of climate-related disasters across Africa, employing parametric insurance to issue payouts based on set rainfall deviations during droughts, floods, or cyclones. Moreover, increase in demand for tailored insurance solutions acts as the key driving force of the global market. This is attributed to the fact that parametric insurance offers tailored solutions that can be adjusted to a customer's specific budget and needs. This flexibility allows for bespoke indexing and payout structures, making it an attractive option for farmers seeking coverage that aligns with their unique risk profiles. Furthermore, the integration of blockchain technology in insurance operations significantly fosters the market growth. Blockchain technology provides a secure, transparent, and decentralized method for record-keeping and information sharing in the insurance industry. This system employs "smart contracts," programmable rules that execute automatically when predefined conditions are met, eliminating human involvement and enhancing efficiency, accuracy, and trust. However, lack of understanding about how parametric insurance works can lead to low adoption rates among farmers, thus hampering the market growth. Moreover, In some regions, the absence of clear regulations governing parametric insurance can create uncertainty for both insurers and policyholders, potentially hindering the market growth. On the contrary, the development of advanced technologies, including Earth Observation (EO) data, has enhanced the accuracy and efficiency of parametric insurance products. EO images enable insurers to measure observable and quantifiable parameters like soil moisture and vegetation growth, facilitating the calculation of indices that trigger payouts when natural disasters cause crop damage. Such developments are expected to offer remunerative opportunities for the expansion of the global market during the forecast period.

The global agriculture parametric insurance market is segmented into type, provide channel, and region. By type, the market is divided into natural catastrophes insurance, specialty insurance, and others. Depending on provider channel, it is fragmented into brokers and insurance provider.

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the agricultural parametric insurance market analysis from 2023 to 2033 to identify the prevailing agricultural parametric insurance market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the agricultural parametric insurance market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global agricultural parametric insurance market trends, key players, market segments, application areas, and market growth strategies.

Additional benefits you will get with this purchase are:

  • Quarterly Update and* (only available with a corporate license, on listed price)
  • 5 additional Company Profile of client Choice pre- or Post-purchase, as a free update.
  • Free Upcoming Version on the Purchase of Five and Enterprise User License.
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  • Free Industry updates and white papers.

Possible Customization with this report (with additional cost and timeline, please talk to the sales executive to know more)

  • End user preferences and pain points
  • Industry life cycle assessment, by region
  • Product Benchmarking / Product specification and applications
  • Product Life Cycles
  • Senario Analysis & Growth Trend Comparision
  • Technology Trend Analysis
  • Go To Market Strategy
  • Market share analysis of players by products/segments
  • New Product Development/ Product Matrix of Key Players
  • Pain Point Analysis
  • Regulatory Guidelines
  • Strategic Recommedations
  • Additional company profiles with specific to client's interest
  • Additional country or region analysis- market size and forecast
  • Brands Share Analysis
  • Criss-cross segment analysis- market size and forecast
  • Expanded list for Company Profiles
  • Historic market data
  • Market share analysis of players at global/region/country level
  • SWOT Analysis

Key Market Segments

By Type

  • Natural Catastrophes Insurance
  • Specialty Insurance
  • Others

By Provider channel

  • Insurance Providers Companies
  • Brokers

By Region

  • North America
  • U.S.
  • Canada
  • Europe
  • France
  • Germany
  • UK
  • Italy
  • Spain
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia-Pacific
  • LAMEA
  • Latin America
  • Middle East
  • Africa

Key Market Players

  • AXA XL
  • SCOR SE
  • Munich Re
  • Sompo Holdings, Inc.
  • Arbol
  • Chubb Limited
  • Swiss Re
  • Hannover Rück SE
  • Assicurazioni Generali S.p.A.
  • Liberty Mutual Reinsurance
  • Descartes Inc.
  • Arthur J. Gallagher & Co.
  • Allianz
  • Willis Towers Watson PLC.

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research methodology
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.3. Porter’s five forces analysis
3.3.1. Moderate bargaining power of suppliers
3.3.2. Moderate to high threat of new entrants
3.3.3. Moderate to high threat of substitutes
3.3.4. High intensity of rivalry
3.3.5. Low to moderate bargaining power of buyers
3.4. Market dynamics
3.4.1. Drivers
3.4.1.1. Government Support and Policy Initiatives
3.4.1.2. Demand for Faster Claims Processing
3.4.2. Restraints
3.4.2.1. Limited Awareness of Agriculture Parametric Insurance in Rural Areas
3.4.3. Opportunities
3.4.3.1. High Growth Potential in Emerging Countries
3.5. Technology Landscape
CHAPTER 4: AGRICULTURAL PARAMETRIC INSURANCE MARKET, BY TYPE
4.1. Overview
4.1.1. Market size and forecast
4.2. Natural Catastrophes Insurance
4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market share analysis by country
4.3. Specialty Insurance
4.3.1. Key market trends, growth factors and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market share analysis by country
4.4. Others
4.4.1. Key market trends, growth factors and opportunities
4.4.2. Market size and forecast, by region
4.4.3. Market share analysis by country
CHAPTER 5: AGRICULTURAL PARAMETRIC INSURANCE MARKET, BY PROVIDER CHANNEL
5.1. Overview
5.1.1. Market size and forecast
5.2. Insurance Providers Companies
5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market share analysis by country
5.3. Brokers
5.3.1. Key market trends, growth factors and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market share analysis by country
CHAPTER 6: AGRICULTURAL PARAMETRIC INSURANCE MARKET, BY REGION
6.1. Overview
6.1.1. Market size and forecast By Region
6.2. North America
6.2.1. Key market trends, growth factors and opportunities
6.2.2. Market size and forecast, by Type
6.2.3. Market size and forecast, by Provider channel
6.2.4. Market size and forecast, by country
6.2.4.1. U.S.
6.2.4.1.1. Market size and forecast, by Type
6.2.4.1.2. Market size and forecast, by Provider channel
6.2.4.2. Canada
6.2.4.2.1. Market size and forecast, by Type
6.2.4.2.2. Market size and forecast, by Provider channel
6.3. Europe
6.3.1. Key market trends, growth factors and opportunities
6.3.2. Market size and forecast, by Type
6.3.3. Market size and forecast, by Provider channel
6.3.4. Market size and forecast, by country
6.3.4.1. France
6.3.4.1.1. Market size and forecast, by Type
6.3.4.1.2. Market size and forecast, by Provider channel
6.3.4.2. Germany
6.3.4.2.1. Market size and forecast, by Type
6.3.4.2.2. Market size and forecast, by Provider channel
6.3.4.3. UK
6.3.4.3.1. Market size and forecast, by Type
6.3.4.3.2. Market size and forecast, by Provider channel
6.3.4.4. Italy
6.3.4.4.1. Market size and forecast, by Type
6.3.4.4.2. Market size and forecast, by Provider channel
6.3.4.5. Spain
6.3.4.5.1. Market size and forecast, by Type
6.3.4.5.2. Market size and forecast, by Provider channel
6.3.4.6. Rest of Europe
6.3.4.6.1. Market size and forecast, by Type
6.3.4.6.2. Market size and forecast, by Provider channel
6.4. Asia-Pacific
6.4.1. Key market trends, growth factors and opportunities
6.4.2. Market size and forecast, by Type
6.4.3. Market size and forecast, by Provider channel
6.4.4. Market size and forecast, by country
6.4.4.1. China
6.4.4.1.1. Market size and forecast, by Type
6.4.4.1.2. Market size and forecast, by Provider channel
6.4.4.2. Japan
6.4.4.2.1. Market size and forecast, by Type
6.4.4.2.2. Market size and forecast, by Provider channel
6.4.4.3. India
6.4.4.3.1. Market size and forecast, by Type
6.4.4.3.2. Market size and forecast, by Provider channel
6.4.4.4. South Korea
6.4.4.4.1. Market size and forecast, by Type
6.4.4.4.2. Market size and forecast, by Provider channel
6.4.4.5. Australia
6.4.4.5.1. Market size and forecast, by Type
6.4.4.5.2. Market size and forecast, by Provider channel
6.4.4.6. Rest of Asia-Pacific
6.4.4.6.1. Market size and forecast, by Type
6.4.4.6.2. Market size and forecast, by Provider channel
6.5. LAMEA
6.5.1. Key market trends, growth factors and opportunities
6.5.2. Market size and forecast, by Type
6.5.3. Market size and forecast, by Provider channel
6.5.4. Market size and forecast, by country
6.5.4.1. Latin America
6.5.4.1.1. Market size and forecast, by Type
6.5.4.1.2. Market size and forecast, by Provider channel
6.5.4.2. Middle East
6.5.4.2.1. Market size and forecast, by Type
6.5.4.2.2. Market size and forecast, by Provider channel
6.5.4.3. Africa
6.5.4.3.1. Market size and forecast, by Type
6.5.4.3.2. Market size and forecast, by Provider channel
CHAPTER 7: COMPETITIVE LANDSCAPE
7.1. Introduction
7.2. Top winning strategies
7.3. Product mapping of top 10 player
7.4. Competitive dashboard
7.5. Competitive heatmap
7.6. Top player positioning, 2023
CHAPTER 8: COMPANY PROFILES
8.1. Chubb Limited
8.1.1. Company overview
8.1.2. Key executives
8.1.3. Company snapshot
8.1.4. Operating business segments
8.1.5. Product portfolio
8.1.6. Business performance
8.2. SCOR SE
8.2.1. Company overview
8.2.2. Key executives
8.2.3. Company snapshot
8.2.4. Operating business segments
8.2.5. Product portfolio
8.2.6. Business performance
8.3. Swiss Re
8.3.1. Company overview
8.3.2. Key executives
8.3.3. Company snapshot
8.3.4. Operating business segments
8.3.5. Product portfolio
8.3.6. Business performance
8.4. Hannover Rück SE
8.4.1. Company overview
8.4.2. Key executives
8.4.3. Company snapshot
8.4.4. Operating business segments
8.4.5. Product portfolio
8.4.6. Business performance
8.5. AXA XL
8.5.1. Company overview
8.5.2. Key executives
8.5.3. Company snapshot
8.5.4. Operating business segments
8.5.5. Product portfolio
8.5.6. Business performance
8.6. Munich Re
8.6.1. Company overview
8.6.2. Key executives
8.6.3. Company snapshot
8.6.4. Operating business segments
8.6.5. Product portfolio
8.6.6. Business performance
8.7. Sompo Holdings, Inc.
8.7.1. Company overview
8.7.2. Key executives
8.7.3. Company snapshot
8.7.4. Operating business segments
8.7.5. Product portfolio
8.7.6. Business performance
8.8. Liberty Mutual Reinsurance
8.8.1. Company overview
8.8.2. Key executives
8.8.3. Company snapshot
8.8.4. Operating business segments
8.8.5. Product portfolio
8.8.6. Business performance
8.8.7. Key strategic moves and developments
8.9. Assicurazioni Generali S.p.A.
8.9.1. Company overview
8.9.2. Key executives
8.9.3. Company snapshot
8.9.4. Operating business segments
8.9.5. Product portfolio
8.9.6. Business performance
8.10. Arbol
8.10.1. Company overview
8.10.2. Key executives
8.10.3. Company snapshot
8.10.4. Operating business segments
8.10.5. Product portfolio
8.11. Allianz
8.11.1. Company overview
8.11.2. Key executives
8.11.3. Company snapshot
8.11.4. Operating business segments
8.11.5. Product portfolio
8.11.6. Business performance
8.11.7. Key strategic moves and developments
8.12. Descartes Inc.
8.12.1. Company overview
8.12.2. Key executives
8.12.3. Company snapshot
8.12.4. Operating business segments
8.12.5. Product portfolio
8.13. Arthur J. Gallagher & Co.
8.13.1. Company overview
8.13.2. Key executives
8.13.3. Company snapshot
8.13.4. Operating business segments
8.13.5. Product portfolio
8.13.6. Business performance
8.14. Willis Towers Watson PLC.
8.14.1. Company overview
8.14.2. Key executives
8.14.3. Company snapshot
8.14.4. Operating business segments
8.14.5. Product portfolio
8.14.6. Business performance
8.14.7. Key strategic moves and developments
LIST OF TABLES
Table 01. Global Agricultural Parametric Insurance Market, by Type, 2023-2033 ($Million)
Table 02. Agricultural Parametric Insurance Market for Natural Catastrophes Insurance, by Region, 2023-2033 ($Million)
Table 03. Agricultural Parametric Insurance Market for Specialty Insurance, by Region, 2023-2033 ($Million)
Table 04. Agricultural Parametric Insurance Market for Others, by Region, 2023-2033 ($Million)
Table 05. Global Agricultural Parametric Insurance Market, by Provider Channel, 2023-2033 ($Million)
Table 06. Agricultural Parametric Insurance Market for Insurance Providers Companies, by Region, 2023-2033 ($Million)
Table 07. Agricultural Parametric Insurance Market for Brokers, by Region, 2023-2033 ($Million)
Table 08. Agricultural Parametric Insurance Market, by Region, 2023-2033 ($Million)
Table 09. North America Agricultural Parametric Insurance Market, by Type, 2023-2033 ($Million)
Table 10. North America Agricultural Parametric Insurance Market, by Provider Channel, 2023-2033 ($Million)
Table 11. North America Agricultural Parametric Insurance Market, by Country, 2023-2033 ($Million)
Table 12. U.S. Agricultural Parametric Insurance Market, by Type, 2023-2033 ($Million)
Table 13. U.S. Agricultural Parametric Insurance Market, by Provider Channel, 2023-2033 ($Million)
Table 14. Canada Agricultural Parametric Insurance Market, by Type, 2023-2033 ($Million)
Table 15. Canada Agricultural Parametric Insurance Market, by Provider Channel, 2023-2033 ($Million)
Table 16. Europe Agricultural Parametric Insurance Market, by Type, 2023-2033 ($Million)
Table 17. Europe Agricultural Parametric Insurance Market, by Provider Channel, 2023-2033 ($Million)
Table 18. Europe Agricultural Parametric Insurance Market, by Country, 2023-2033 ($Million)
Table 19. France Agricultural Parametric Insurance Market, by Type, 2023-2033 ($Million)
Table 20. France Agricultural Parametric Insurance Market, by Provider Channel, 2023-2033 ($Million)
Table 21. Germany Agricultural Parametric Insurance Market, by Type, 2023-2033 ($Million)
Table 22. Germany Agricultural Parametric Insurance Market, by Provider Channel, 2023-2033 ($Million)
Table 23. UK Agricultural Parametric Insurance Market, by Type, 2023-2033 ($Million)
Table 24. UK Agricultural Parametric Insurance Market, by Provider Channel, 2023-2033 ($Million)
Table 25. Italy Agricultural Parametric Insurance Market, by Type, 2023-2033 ($Million)
Table 26. Italy Agricultural Parametric Insurance Market, by Provider Channel, 2023-2033 ($Million)
Table 27. Spain Agricultural Parametric Insurance Market, by Type, 2023-2033 ($Million)
Table 28. Spain Agricultural Parametric Insurance Market, by Provider Channel, 2023-2033 ($Million)
Table 29. Rest of Europe Agricultural Parametric Insurance Market, by Type, 2023-2033 ($Million)
Table 30. Rest of Europe Agricultural Parametric Insurance Market, by Provider Channel, 2023-2033 ($Million)
Table 31. Asia-Pacific Agricultural Parametric Insurance Market, by Type, 2023-2033 ($Million)
Table 32. Asia-Pacific Agricultural Parametric Insurance Market, by Provider Channel, 2023-2033 ($Million)
Table 33. Asia-Pacific Agricultural Parametric Insurance Market, by Country, 2023-2033 ($Million)
Table 34. China Agricultural Parametric Insurance Market, by Type, 2023-2033 ($Million)
Table 35. China Agricultural Parametric Insurance Market, by Provider Channel, 2023-2033 ($Million)
Table 36. Japan Agricultural Parametric Insurance Market, by Type, 2023-2033 ($Million)
Table 37. Japan Agricultural Parametric Insurance Market, by Provider Channel, 2023-2033 ($Million)
Table 38. India Agricultural Parametric Insurance Market, by Type, 2023-2033 ($Million)
Table 39. India Agricultural Parametric Insurance Market, by Provider Channel, 2023-2033 ($Million)
Table 40. South Korea Agricultural Parametric Insurance Market, by Type, 2023-2033 ($Million)
Table 41. South Korea Agricultural Parametric Insurance Market, by Provider Channel, 2023-2033 ($Million)
Table 42. Australia Agricultural Parametric Insurance Market, by Type, 2023-2033 ($Million)
Table 43. Australia Agricultural Parametric Insurance Market, by Provider Channel, 2023-2033 ($Million)
Table 44. Rest of Asia-Pacific Agricultural Parametric Insurance Market, by Type, 2023-2033 ($Million)
Table 45. Rest of Asia-Pacific Agricultural Parametric Insurance Market, by Provider Channel, 2023-2033 ($Million)
Table 46. LAMEA Agricultural Parametric Insurance Market, by Type, 2023-2033 ($Million)
Table 47. LAMEA Agricultural Parametric Insurance Market, by Provider Channel, 2023-2033 ($Million)
Table 48. LAMEA Agricultural Parametric Insurance Market, by Country, 2023-2033 ($Million)
Table 49. Latin America Agricultural Parametric Insurance Market, by Type, 2023-2033 ($Million)
Table 50. Latin America Agricultural Parametric Insurance Market, by Provider Channel, 2023-2033 ($Million)
Table 51. Middle East Agricultural Parametric Insurance Market, by Type, 2023-2033 ($Million)
Table 52. Middle East Agricultural Parametric Insurance Market, by Provider Channel, 2023-2033 ($Million)
Table 53. Africa Agricultural Parametric Insurance Market, by Type, 2023-2033 ($Million)
Table 54. Africa Agricultural Parametric Insurance Market, by Provider Channel, 2023-2033 ($Million)
Table 55. Chubb Limited: Key Executives
Table 56. Chubb Limited: Company Snapshot
Table 57. Chubb Limited: Service Segments
Table 58. Chubb Limited: Product Portfolio
Table 59. Scor Se: Key Executives
Table 60. Scor Se: Company Snapshot
Table 61. Scor Se: Service Segments
Table 62. Scor Se: Product Portfolio
Table 63. Swiss Re: Key Executives
Table 64. Swiss Re: Company Snapshot
Table 65. Swiss Re: Service Segments
Table 66. Swiss Re: Product Portfolio
Table 67. Hannover Rück Se: Key Executives
Table 68. Hannover Rück Se: Company Snapshot
Table 69. Hannover Rück Se: Service Segments
Table 70. Hannover Rück Se: Product Portfolio
Table 71. Axa Xl: Key Executives
Table 72. Axa Xl: Company Snapshot
Table 73. Axa Xl: Service Segments
Table 74. Axa Xl: Product Portfolio
Table 75. Munich Re: Key Executives
Table 76. Munich Re: Company Snapshot
Table 77. Munich Re: Service Segments
Table 78. Munich Re: Product Portfolio
Table 79. Sompo Holdings, Inc.: Key Executives
Table 80. Sompo Holdings, Inc.: Company Snapshot
Table 81. Sompo Holdings, Inc.: Product Segments
Table 82. Sompo Holdings, Inc.: Product Portfolio
Table 83. Liberty Mutual Reinsurance: Key Executives
Table 84. Liberty Mutual Reinsurance: Company Snapshot
Table 85. Liberty Mutual Reinsurance: Service Segments
Table 86. Liberty Mutual Reinsurance: Product Portfolio
Table 87. Liberty Mutual Reinsurance: Key Stratergies
Table 88. Assicurazioni Generali S.P.A.: Key Executives
Table 89. Assicurazioni Generali S.P.A.: Company Snapshot
Table 90. Assicurazioni Generali S.P.A.: Service Segments
Table 91. Assicurazioni Generali S.P.A.: Product Portfolio
Table 92. Arbol: Key Executives
Table 93. Arbol: Company Snapshot
Table 94. Arbol: Service Segments
Table 95. Arbol: Product Portfolio
Table 96. Allianz: Key Executives
Table 97. Allianz: Company Snapshot
Table 98. Allianz: Service Segments
Table 99. Allianz: Product Portfolio
Table 100. Allianz: Key Stratergies
Table 101. Descartes Inc.: Key Executives
Table 102. Descartes Inc.: Company Snapshot
Table 103. Descartes Inc.: Product Segments
Table 104. Descartes Inc.: Product Portfolio
Table 105. Arthur J. Gallagher & Co.: Key Executives
Table 106. Arthur J. Gallagher & Co.: Company Snapshot
Table 107. Arthur J. Gallagher & Co.: Service Segments
Table 108. Arthur J. Gallagher & Co.: Product Portfolio
Table 109. Willis Towers Watson plc.: Key Executives
Table 110. Willis Towers Watson plc.: Company Snapshot
Table 111. Willis Towers Watson plc.: Service Segments
Table 112. Willis Towers Watson plc.: Product Portfolio
Table 113. Willis Towers Watson plc.: Key Stratergies
LIST OF FIGURES
Figure 01. Agricultural Parametric Insurance Market, 2023-2033
Figure 02. Segmentation of Agricultural Parametric Insurance Market,2023-2033
Figure 03. Top Impacting Factors in Agricultural Parametric Insurance Market (2023 to 2033)
Figure 04. Top Investment Pockets in Agricultural Parametric Insurance Market (2024-2033)
Figure 05. Moderate Bargaining Power of Suppliers
Figure 06. Moderate to High Threat of New Entrants
Figure 07. Moderate to High Threat of Substitutes
Figure 08. High Intensity of Rivalry
Figure 09. Low to Moderate Bargaining Power of Buyers
Figure 10. Global Agricultural Parametric Insurance Market:Drivers, Restraints and Opportunities
Figure 11. Agricultural Parametric Insurance Market, by Type, 2023 and 2033(%)
Figure 12. Comparative Share Analysis of Agricultural Parametric Insurance Market for Natural Catastrophes Insurance, by Country 2023 and 2033(%)
Figure 13. Comparative Share Analysis of Agricultural Parametric Insurance Market for Specialty Insurance, by Country 2023 and 2033(%)
Figure 14. Comparative Share Analysis of Agricultural Parametric Insurance Market for Others, by Country 2023 and 2033(%)
Figure 15. Agricultural Parametric Insurance Market, by Provider Channel, 2023 and 2033(%)
Figure 16. Comparative Share Analysis of Agricultural Parametric Insurance Market for Insurance Providers Companies, by Country 2023 and 2033(%)
Figure 17. Comparative Share Analysis of Agricultural Parametric Insurance Market for Brokers, by Country 2023 and 2033(%)
Figure 18. Agricultural Parametric Insurance Market by Region, 2023 and 2033(%)
Figure 19. U.S. Agricultural Parametric Insurance Market, 2023-2033 ($Million)
Figure 20. Canada Agricultural Parametric Insurance Market, 2023-2033 ($Million)
Figure 21. France Agricultural Parametric Insurance Market, 2023-2033 ($Million)
Figure 22. Germany Agricultural Parametric Insurance Market, 2023-2033 ($Million)
Figure 23. UK Agricultural Parametric Insurance Market, 2023-2033 ($Million)
Figure 24. Italy Agricultural Parametric Insurance Market, 2023-2033 ($Million)
Figure 25. Spain Agricultural Parametric Insurance Market, 2023-2033 ($Million)
Figure 26. Rest of Europe Agricultural Parametric Insurance Market, 2023-2033 ($Million)
Figure 27. China Agricultural Parametric Insurance Market, 2023-2033 ($Million)
Figure 28. Japan Agricultural Parametric Insurance Market, 2023-2033 ($Million)
Figure 29. India Agricultural Parametric Insurance Market, 2023-2033 ($Million)
Figure 30. South Korea Agricultural Parametric Insurance Market, 2023-2033 ($Million)
Figure 31. Australia Agricultural Parametric Insurance Market, 2023-2033 ($Million)
Figure 32. Rest of Asia-Pacific Agricultural Parametric Insurance Market, 2023-2033 ($Million)
Figure 33. Latin America Agricultural Parametric Insurance Market, 2023-2033 ($Million)
Figure 34. Middle East Agricultural Parametric Insurance Market, 2023-2033 ($Million)
Figure 35. Africa Agricultural Parametric Insurance Market, 2023-2033 ($Million)
Figure 36. Top Winning Strategies, by Year (2023-2024)
Figure 37. Top Winning Strategies, by Development (2023-2024)
Figure 38. Top Winning Strategies, by Company (2023-2024)
Figure 39. Product Mapping of Top 10 Players
Figure 40. Competitive Dashboard
Figure 41. Competitive Heatmap: Agricultural Parametric Insurance Market
Figure 42. Top Player Positioning, 2023
Figure 43. Chubb Limited: Net Revenue, 2021-2023 ($Million)
Figure 44. Chubb Limited: Revenue Share by Segment, 2023 (%)
Figure 45. Scor SE: Net Revenue, 2021-2023 ($Million)
Figure 46. Scor SE: Revenue Share by Segment, 2023 (%)
Figure 47. Swiss Re: Net Revenue, 2021-2023 ($Million)
Figure 48. Swiss Re: Revenue Share by Segment, 2023 (%)
Figure 49. Hannover Rück SE: Net Revenue, 2021-2023 ($Million)
Figure 50. Hannover Rück SE: Revenue Share by Segment, 2023 (%)
Figure 51. Hannover Rück SE: Revenue Share by Region, 2023 (%)
Figure 52. Axa Xl: Net Revenue, 2021-2023 ($Million)
Figure 53. Axa Xl: Revenue Share by Segment, 2023 (%)
Figure 54. Axa Xl: Revenue Share by Region, 2023 (%)
Figure 55. Munich Re: Net Revenue, 2021-2023 ($Million)
Figure 56. Munich Re: Revenue Share by Segment, 2023 (%)
Figure 57. Munich Re: Revenue Share by Region, 2023 (%)
Figure 58. Sompo Holdings, Inc.: Net Revenue, 2021-2023 ($Million)
Figure 59. Liberty Mutual Reinsurance: Net Revenue, 2021-2023 ($Million)
Figure 60. Assicurazioni Generali S.P.A.: Net Revenue, 2021-2023 ($Million)
Figure 61. Assicurazioni Generali S.P.A.: Revenue Share by Segment, 2023 (%)
Figure 62. Assicurazioni Generali S.P.A.: Revenue Share by Region, 2023 (%)
Figure 63. Allianz: Net Revenue, 2021-2023 ($Million)
Figure 64. Allianz: Revenue Share by Segment, 2023 (%)
Figure 65. Arthur J. Gallagher & Co.: Net Revenue, 2021-2023 ($Million)
Figure 66. Arthur J. Gallagher & Co.: Revenue Share by Region, 2023 (%)
Figure 67. Willis Towers Watson PLC.: Net Revenue, 2021-2023 ($Million)
Figure 68. Willis Towers Watson PLC.: Revenue Share by Segment, 2022 (%)
Figure 69. Willis Towers Watson PLC.: Revenue Share by Region, 2023 (%)

Companies Mentioned

  • AXA XL
  • SCOR SE
  • Munich Re
  • Sompo Holdings, Inc.
  • Arbol
  • Chubb Limited
  • Swiss Re
  • Hannover Rück SE
  • Assicurazioni Generali S.p.A.
  • Liberty Mutual Reinsurance
  • Descartes Inc.
  • Arthur J. Gallagher & Co.
  • Allianz
  • Willis Towers Watson PLC.

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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