Earthquake Insurance Market, Global Outlook and Forecast 2023-2032
Earthquake insurance is a form of property insurance that pays the policyholder in the event of an earthquake that causes damage to the property. Most ordinary homeowners insurance policies do not cover earthquake damage.
This report aims to provide a comprehensive presentation of the global market for Earthquake Insurance, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Earthquake Insurance. This report contains market size and forecasts of Earthquake Insurance in global, including the following market information:
Global Earthquake Insurance Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global top five companies in 2022 (%)
The global Earthquake Insurance market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Life Insurance Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Earthquake Insurance include Farmers, Allstate, State Farm, Liberty Mutual, Nationwide, USAA, Safeco, Mapfre and GeoVera, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We has surveyed the Earthquake Insurance companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Earthquake Insurance Market, by Type, 2018-2023, 2024-2032 ($ millions)
Global Earthquake Insurance Market Segment Percentages, by Type, 2022 (%)
Life Insurance
Non-Life Insurance
Global Earthquake Insurance Market, by Application, 2018-2023, 2024-2032 ($ millions)
Global Earthquake Insurance Market Segment Percentages, by Application, 2022 (%)
Personal
Commercial
Global Earthquake Insurance Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions)
Global Earthquake Insurance Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Earthquake Insurance revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Earthquake Insurance revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Farmers
Allstate
State Farm
Liberty Mutual
Nationwide
USAA
Safeco
Mapfre
GeoVera
Mercury
Outline of Major Chapters:
Chapter 1: Introduces the definition of Earthquake Insurance, market overview.
Chapter 2: Global Earthquake Insurance market size in revenue.
Chapter 3: Detailed analysis of Earthquake Insurance company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Earthquake Insurance in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.