Report overview
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.
This report aims to provide a comprehensive presentation of the global market for Specialty 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 Specialty Insurance. This report contains market size and forecasts of Specialty Insurance in global, including the following market information:
Global Specialty Insurance Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Specialty Insurance market was valued at US$ 29740 million in 2022 and is projected to reach US$ 39950 million by 2029, at a CAGR of 4.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Specialty Insurance key players include UnitedHealthcare, AXA, Allianz, AIG, Tokio Marine, etc. Global top five manufacturers hold a share about 20%. North America is the largest market, with a share about 60%, followed by Asia-Pacific, with a share about 25 percent. In terms of product, Property Insurance is the largest segment, with a share about 85%. And in terms of application, the largest application is Commercial, followed by Personal.
We surveyed the Specialty 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 Specialty Insurance Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Specialty Insurance Market Segment Percentages, by Type, 2022 (%)
Life Insurance
Property Insurance
Global Specialty Insurance Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Specialty Insurance Market Segment Percentages, by Application, 2022 (%)
Commercial
Personal
Global Specialty Insurance Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Specialty 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 Specialty Insurance revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Specialty Insurance revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
UnitedHealthcare
AXA
Allianz
AIG
Tokio Marine
ACE&Chubb
China Life
XL Group
Argo Group
PICC
Munich Re
Hanover Insurance
Nationwide
CPIC
Assurant
Sompo Japan Nipponkoa
Zurich
Hudson
Ironshore
Hiscox
Manulife
RenaissanceRe Holdings
Mapfre
Selective Insurance
Outline of Major Chapters:
Chapter 1: Introduces the definition of Specialty Insurance, market overview.
Chapter 2: Global Specialty Insurance market size in revenue.
Chapter 3: Detailed analysis of Specialty 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 Specialty 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.
