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Global Agricultural Crop Insurance Market Size, Share, Application Analysis, Regional Outlook, Growth Trends, Key Players-( Munich Re ,Swiss Re ,Hannover Re ,SCOR SE ,Lloyd’s ,Berkshire Hathaway ,Great-West Lifeco ,RGA ,China RE ,Korean Re ,PartnerRe)
This report studies the Agricultural Crop Insurance market size (value and volume) by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.Agricultural Crop insurance is purchased by agricultural producers, including farmers, ranchers, and others to protect themselves against either the loss of their crops due to natural disasters, such as hail, drought, and floods, or the loss of Premiums due to declines in the prices of agricultural commodities.
The main types of Agricultural Crop Insurance are: MPCI and Hail. MPCI enjoyed the largest proportion in global market, accounting for over 87%.
Geographically, the global Agricultural Crop Insurance has been segmented into North America, Europe, Asia-Pacific, Latin America, Africa and RoW. The North America held the largest share in the global Agricultural Crop Insurance market, its premiums of global market exceeds 51% in 2017.
Along with the Asia-Pacific region; European countries have had some form of crop insurance for more than a century. They are now mature markets with high penetration rates and offer comprehensive risk coverage for farmers. The developing countries that have succeeded in setting up a strong Agricultural Crop Insurance system (India, China), show that this success has been due, in large part, to public support granted through premium subsidies or reinsurance. Growth of the Agricultural Crop Insurance industry could also be attributed to North America which introduced the revenue-based Agricultural Corp Insurance and, more recently, from emerging markets such as China, India and Brazil, driven by rapidly increasing insurance penetration.
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The global Agricultural Crop Insurance market was 26300 million US$ in 2017 and is expected to 36000 million US$ by the end of 2025, growing at a CAGR of 4.0% between 2018 and 2025.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Agricultural Crop Insurance in these regions, from 2013 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
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The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
• PICC
• Zurich (RCIS)
• Chubb
• QBE
• China United Property Insurance
• American Financial Group
• Prudential
• XL Catlin
• Everest Re Group
• Endurance Specialty
• CUNA Mutual
• Agriculture Insurance Company of India
• Tokio Marine
• CGB Diversified Services
• Farmers Mutual Hail
• Archer Daniels Midland
• ICICI Lombard
By the product type, the market is primarily split into
MPCI
Hail
By the end users/application, this report covers the following segments
Digital & Direct Channel
Bancassurance
Agencies
Brokers
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Some Points From Table of Content:
Chapter One: Agricultural Crop Insurance Market Overview
Chapter Two: Global Agricultural Crop Insurance Market Competition by Company
Chapter Three: Agricultural Crop Insurance Company Profiles and Sales Data
Chapter Four: Agricultural Crop Insurance Market Status and Outlook by Regions
Chapter Five: Agricultural Crop Insurance Application/End Users
Chapter Six: Global Agricultural Crop Insurance Market Forecast
Chapter Seven: Agricultural Crop Insurance Upstream Raw Materials
Continued…
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