Insurance Market: 2018 Global Industry Trend and 2023 Forecast Research Report

September 2018, New York USA (News)- In this report, LP Information covers the present scenario (with the base year being 2017) and the growth prospects of global Insurance market for 2018-2023.
Insurance is a business that provides coverage, in the form of compensation resulting from loss, damages, injury, treatment or hardship in exchange for premium payments. The company calculates the risk of occurrence then determines the cost to replace (pay for) the loss to determine the premium amount.
The insurance market is very fragment market; the premiums of top twenty-four players account about 25% of the total premiums in 2016.

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Gross premiums increased in most countries in the life, non-life or both segments in 2015. This growth may be a sign or a consequence of more favorable economic conditions, leading individuals to purchase insurance products. In most countries, the relatively low penetration of insurance (especially in South America and some Asian countries) shows that the insurance sector still has significant room to expand. In some countries, gross premiums declined where the continued low interest rates may have deterred individuals from purchasing life insurance products with lower guarantees. The economic context can directly impact the real developments of the life or the non-life sector as the example of Brazil where the high inflation outpaced the nominal growth of non-life premiums shows.

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The key manufacturers covered in this report:
Allianz
AXA
Generali
Ping An Insurance
China Life Insurance
Prudential PLC
Munich Re
Zurich Insurance
Nippon Life Insurance
Japan Post Holdings
Berkshire Hathaway
Metlife
Manulife Financial
CPIC
Chubb
AIG
Aviva
Allstate
Swiss RE
Prudential Financial
Travelers
AIA
Aflac
Legal & General

Segmentation by product type:
Life Insurance
Non-Life Insurance
Segmentation by application:
Agency
Brokers
Bancassurance
Digital & Direct Channels

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Research objectives
To study and analyze the global Insurance (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Floriculture market by identifying its various sub segments.
Focuses on the key global Floriculture manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Floriculture with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Floriculture submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

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This release was published on openPR.