07-17-2018 11:14 AM CET - Business, Economy, Finances, Banking & Insurance
Print

Critical Illness Insurance Market Is Booming Worldwide | Allianz, AIG, AXA

Press release from: HTF Market Intelligence Consulting Pvt. Ltd.



HTF MI recently introduced Global Critical Illness Insurance Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are China Life Insurance, Ping An Insurance, China Pacific Insurance, Aviva, Legal & General, New China Life Insurance, AXA, Prudential plc, Aegon, Allianz, AIG, UnitedHealthcare, Zurich, MetLife, Dai-ichi Life Group, Sun Life Financial, Huaxia life Insurance, Aflac, Liberty Mutual & HCF etc.

Request Sample of Global Critical Illness Insurance Market Size, Status and Forecast 2025 @: www.htfmarketreport.com/sample-report/1241368-global-crit...

In 2017, the global Critical Illness Insurance market size was 25600 million US$ and it is expected to reach 79400 million US$ by the end of 2025, with a CAGR of 15.2% during 2018-2025.

Critical illness insurance, otherwise known as critical illness cover or a dread disease policy, is an insurance product in which the insurer is contracted to typically make a lump sum cash payment if the policyholder is diagnosed with one of the specific illnesses on a predetermined list as part of an insurance policy.

The policy may also be structured to pay out regular income and the payout may also be on the policyholder undergoing a surgical procedure, for example, having a heart bypass operation.
Critical illness insurance, otherwise known as critical illness cover or a dread disease policy, is an insurance product in which the insurer is contracted to typically make a lump sum cash payment if the policyholder is diagnosed with one of the specific illnesses on a predetermined list as part of an insurance policy.
In the last several years, global market of critical illness insurance developed rapidly, with CAGR of 16.48%. In 2017, global market size of critical illness insurance is nearly 27338.56 M USD; Asia region, especially China is estimated to account for the largest share, in terms of Population and economy, of the global critical illness insurance market in 2017. The region comprises some of the fastest developing economies in the world, including China, India, Japan and Korea. This has led to an increase in Insurance investment over the years.
There are three kinds of Critical illness insurance paid out (cancer, Cancer, Heart Attack and Stroke), Cancer remains the most common cause of critical illness claims at 67.94%, followed by heart attack (13.34%), stroke (8.46%) and Other (10.26%) in 2017

This report studies the Global Critical Illness Insurance market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the Global Critical Illness Insurance market by companies, region, type and end-use industry.

Browse 100+ market data Tables and Figures spread through Pages and in-depth TOC on " Critical Illness Insurance Market by Type (Disease Insurance, Medical Insurance & Income Protection Insurance), by End-Users/Application (Cancer, Heart Attack & Stroke), Organization Size, Industry, and Region - Forecast to 2023". Early buyers will receive 10% customization on comprehensive study.

In order to get a deeper view of Market Size, competitive landscape is provided i.e. Revenue (Million USD) by Players (2013-2018), Revenue Market Share (%) by Players (2013-2018) and further a qualitative analysis is made towards market concentration rate, product/service differences, new entrants and the technological trends in future.

Enquire for customization in Report @ www.htfmarketreport.com/enquiry-before-buy/1241368-global...

Competitive Analysis:
The key players are highly focusing innovation in production technologies to improve efficiency and shelf life. The best long-term growth opportunities for this sector can be captured by ensuring ongoing process improvements and financial flexibility to invest in the optimal strategies. Company profile section of players such as China Life Insurance, Ping An Insurance, China Pacific Insurance, Aviva, Legal & General, New China Life Insurance, AXA, Prudential plc, Aegon, Allianz, AIG, UnitedHealthcare, Zurich, MetLife, Dai-ichi Life Group, Sun Life Financial, Huaxia life Insurance, Aflac, Liberty Mutual & HCF includes its basic information like legal name, website, headquarters, its market position, historical background and top 5 closest competitors by Market capitalization / revenue along with contact information. Each player/ manufacturer revenue figures, growth rate and gross profit margin is provided in easy to understand tabular format for past 5 years and a separate section on recent development like mergers, acquisition or any new product/service launch etc.

Market Segments:
The Global Critical Illness Insurance Market has been divided into type, application, and region.
On The Basis Of Type: Disease Insurance, Medical Insurance & Income Protection Insurance.
On The Basis Of Application: Cancer, Heart Attack & Stroke
On The Basis Of Region, this report is segmented into following key geographies, with production, consumption, revenue (million USD), and market share, growth rate of Critical Illness Insurance in these regions, from 2013 to 2023 (forecast), covering
• North America (U.S. & Canada) {Market Revenue (USD Billion), Growth Analysis (%) and Opportunity Analysis}
• Latin America (Brazil, Mexico & Rest of Latin America) {Market Revenue (USD Billion), Growth Share (%) and Opportunity Analysis}
• Europe (The U.K., Germany, France, Italy, Spain, Poland, Sweden & RoE) {Market Revenue (USD Billion), Growth Share (%) and Opportunity Analysis}
• Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia) {Market Revenue (USD Billion), Growth Share (%) and Opportunity Analysis}
• Middle East & Africa (GCC, South Africa, North Africa, RoMEA) {Market Revenue (USD Billion), Growth Share (%) and Opportunity Analysis}
• Rest of World {Market Revenue (USD Billion), Growth Analysis (%) and Opportunity Analysis}

Buy Single User License of Global Critical Illness Insurance Market Size, Status and Forecast 2025 @ www.htfmarketreport.com/buy-now?format=1&report=1241368

Have a look at some extracts from Table of Content

Introduction about Global Critical Illness Insurance

Global Critical Illness Insurance Market Size (Sales) Market Share by Type (Product Category) in 2017
Critical Illness Insurance Market by Application/End Users
Global Critical Illness Insurance Sales (Volume) and Market Share Comparison by Applications
(2013-2023) table defined for each application/end-users like [Cancer, Heart Attack & Stroke]
Global Critical Illness Insurance Sales and Growth Rate (2013-2023)
Critical Illness Insurance Competition by Players/Suppliers, Region, Type and Application
Critical Illness Insurance (Volume, Value and Sales Price) table defined for each geographic region defined.
Global Critical Illness Insurance Players/Suppliers Profiles and Sales Data

Additionally Company Basic Information, Manufacturing Base and Competitors list is being provided for each listed manufacturers

Market Sales, Revenue, Price and Gross Margin (2013-2018) table for each product type which include Disease Insurance, Medical Insurance & Income Protection Insurance
Critical Illness Insurance Manufacturing Cost Analysis
Critical Illness Insurance Key Raw Materials Analysis
Critical Illness Insurance Chain, Sourcing Strategy and Downstream Buyers, Industrial Chain Analysis
Market Forecast (2018-2023)
........and more in complete table of Contents

Browse for Full Report at: www.htfmarketreport.com/reports/1241368-global-critical-i...

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

About Author:
HTF Market Report is a wholly owned brand of HTF market Intelligence Consulting Private Limited. HTF Market Report global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities but to also empower and inspire you to create visionary growth strategies for futures, enabled by our extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist you for making goals into a reality. Our understanding of the interplay between industry convergence, Mega Trends, technologies and market trends provides our clients with new business models and expansion opportunities. We are focused on identifying the “Accurate Forecast” in every industry we cover so our clients can reap the benefits of being early market entrants and can accomplish their “Goals & Objectives”.

Contact US :
Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Unit No. 429, Parsonage Road Edison, NJ
New Jersey USA – 08837
Phone: +1 (206) 317 1218
sales@htfmarketreport.com

Connect with us at
www.linkedin.com/company/13388569/
www.facebook.com/htfmarketintelligence/
twitter.com/htfmarketreport
plus.google.com/u/0/+NidhiBhawsar-SEO_Expert?rel=author

This release was published on openPR.
News-ID: 1129606 • Views: 398
More releasesMore releases

You can edit or delete your press release here: