Press release
Specialty Insurance Market Growth Analysis AXA, Allianz, AIG, Tokio Marine, ACE&Chubb, China Life, XL Group, Argo Group, PICC, Munich Re, Hanover Insurance ,Nationwide, CPIC, Assurant and more
Big market research adds a report titled “Global Specialty Insurance Market 2017-2023” that provides detailed information of the Automotive Drivetrain. The report is an excellent piece of study for investors who are looking towards the market.In this report, LP Information studies the present scenario (with the base year being 2017) and the growth prospects of global Specialty Insurance market for 2018-2023.
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There is no standard definition for specialty insurance, in this report, specialty insurance includes high-hazard insurance, non-standard general insurance, niche market segments, bespoke underwriting, and excess and surplus lines insurance.
The leading manufactures mainly are UnitedHealthcare, AXA, Allianz, AIG, Tokio Marine and ACE&Chubb. UnitedHealthcare is the largest manufacturer; its revenue of global market exceeds 5.63% in 2016. The next is AXA and Allianz.
There are mainly two type product of specialty insurance market: Life Insurance and Property Insurance. Property Insurance accounts the largest proportion.
Geographically, the global specialty insurance has been segmented into North America, Europe, China, Japan, India and other. The North America held the largest share in the global specialty insurance market, its revenue of global market exceeds 58.88% in 2016. The next is Europe and Japan. China and India have being the most populous country has fast growing specialty insurance market.
Over the next five years, LPI(LP Information) projects that Specialty Insurance will register a 5.4% CAGR in terms of revenue, reach US$ 290 million by 2023, from US$ 220 million in 2017.
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This report presents a comprehensive overview, market shares and growth opportunities of Specialty Insurance market by product type, application, key companies and key regions.
To calculate the market size, LP Information considers value generated from the sales of the following segments:
Segmentation by product type:
Life Insurance
Property Insurance
Segmentation by application:
Commercial
Personal
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