This report aims to provide a comprehensive presentation of the global market for Parametric 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 Parametric Insurance. This report contains market size and forecasts of Parametric Insurance in global, including the following market information:
Global Parametric Insurance Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Parametric 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.
Natural Catastrophes Insurance Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Parametric Insurance include Allianz, AXA XL, Chubb, FloodFlash, Jumpstart Insurance Solutions, Inc., Berkshire Hathaway Specialty Insurance, Munich Re, Global Parametrics and Swiss Re, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Parametric 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 Parametric Insurance Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Parametric Insurance Market Segment Percentages, by Type, 2022 (%)
Natural Catastrophes Insurance
Specialty Insurance
Others
Global Parametric Insurance Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Parametric Insurance Market Segment Percentages, by Application, 2022 (%)
Agriculture
Aerospace & Defense
Construction
Energy & Utiities
Manufacturing
Others
Global Parametric Insurance Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Parametric 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 Parametric Insurance revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Parametric Insurance revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Allianz
AXA XL
Chubb
FloodFlash
Jumpstart Insurance Solutions, Inc.
Berkshire Hathaway Specialty Insurance
Munich Re
Global Parametrics
Swiss Re
Zurich American Insurance Company
Outline of Major Chapters:
Chapter 1: Introduces the definition of Parametric Insurance, market overview.
Chapter 2: Global Parametric Insurance market size in revenue.
Chapter 3: Detailed analysis of Parametric 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 Parametric 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.
TABLE OF CONTENTS
1 Introduction to Research & Analysis Reports
1.1 Parametric Insurance Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Parametric Insurance Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Parametric Insurance Overall Market Size
2.1 Global Parametric Insurance Market Size: 2022 VS 2029
2.2 Global Parametric Insurance Market Size, Prospects & Forecasts: 2018-2029
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top Parametric Insurance Players in Global Market
3.2 Top Global Parametric Insurance Companies Ranked by Revenue
3.3 Global Parametric Insurance Revenue by Companies
3.4 Top 3 and Top 5 Parametric Insurance Companies in Global Market, by Revenue in 2022
3.5 Global Companies Parametric Insurance Product Type
3.6 Tier 1, Tier 2 and Tier 3 Parametric Insurance Players in Global Market
3.6.1 List of Global Tier 1 Parametric Insurance Companies
3.6.2 List of Global Tier 2 and Tier 3 Parametric Insurance Companies
4 Market Sights by Product
4.1 Overview
4.1.1 By Type - Global Parametric Insurance Market Size Markets, 2022 & 2029
4.1.2 Natural Catastrophes Insurance
4.1.3 Specialty Insurance
4.1.4 Others
4.2 By Type - Global Parametric Insurance Revenue & Forecasts
4.2.1 By Type - Global Parametric Insurance Revenue, 2018-2023
4.2.2 By Type - Global Parametric Insurance Revenue, 2024-2029
4.2.3 By Type - Global Parametric Insurance Revenue Market Share, 2018-2029
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Parametric Insurance Market Size, 2022 & 2029
5.1.2 Agriculture
5.1.3 Aerospace & Defense
5.1.4 Construction
5.1.5 Energy & Utiities
5.1.6 Manufacturing
5.1.7 Others
5.2 By Application - Global Parametric Insurance Revenue & Forecasts
5.2.1 By Application - Global Parametric Insurance Revenue, 2018-2023
5.2.2 By Application - Global Parametric Insurance Revenue, 2024-2029
5.2.3 By Application - Global Parametric Insurance Revenue Market Share, 2018-2029
6 Sights by Region
6.1 By Region - Global Parametric Insurance Market Size, 2022 & 2029
6.2 By Region - Global Parametric Insurance Revenue & Forecasts
6.2.1 By Region - Global Parametric Insurance Revenue, 2018-2023
6.2.2 By Region - Global Parametric Insurance Revenue, 2024-2029
6.2.3 By Region - Global Parametric Insurance Revenue Market Share, 2018-2029
6.3 North America
6.3.1 By Country - North America Parametric Insurance Revenue, 2018-2029
6.3.2 US Parametric Insurance Market Size, 2018-2029
6.3.3 Canada Parametric Insurance Market Size, 2018-2029
6.3.4 Mexico Parametric Insurance Market Size, 2018-2029
6.4 Europe
6.4.1 By Country - Europe Parametric Insurance Revenue, 2018-2029
6.4.2 Germany Parametric Insurance Market Size, 2018-2029
6.4.3 France Parametric Insurance Market Size, 2018-2029
6.4.4 U.K. Parametric Insurance Market Size, 2018-2029
6.4.5 Italy Parametric Insurance Market Size, 2018-2029
6.4.6 Russia Parametric Insurance Market Size, 2018-2029
6.4.7 Nordic Countries Parametric Insurance Market Size, 2018-2029
6.4.8 Benelux Parametric Insurance Market Size, 2018-2029
6.5 Asia
6.5.1 By Region - Asia Parametric Insurance Revenue, 2018-2029
6.5.2 China Parametric Insurance Market Size, 2018-2029
6.5.3 Japan Parametric Insurance Market Size, 2018-2029
6.5.4 South Korea Parametric Insurance Market Size, 2018-2029
6.5.5 Southeast Asia Parametric Insurance Market Size, 2018-2029
6.5.6 India Parametric Insurance Market Size, 2018-2029
6.6 South America
6.6.1 By Country - South America Parametric Insurance Revenue, 2018-2029
6.6.2 Brazil Parametric Insurance Market Size, 2018-2029
6.6.3 Argentina Parametric Insurance Market Size, 2018-2029
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa Parametric Insurance Revenue, 2018-2029
6.7.2 Turkey Parametric Insurance Market Size, 2018-2029
6.7.3 Israel Parametric Insurance Market Size, 2018-2029
6.7.4 Saudi Arabia Parametric Insurance Market Size, 2018-2029
6.7.5 UAE Parametric Insurance Market Size, 2018-2029
7 Parametric Insurance Companies Profiles
7.1 Allianz
7.1.1 Allianz Company Summary
7.1.2 Allianz Business Overview
7.1.3 Allianz Parametric Insurance Major Product Offerings
7.1.4 Allianz Parametric Insurance Revenue in Global Market (2018-2023)
7.1.5 Allianz Key News & Latest Developments
7.2 AXA XL
7.2.1 AXA XL Company Summary
7.2.2 AXA XL Business Overview
7.2.3 AXA XL Parametric Insurance Major Product Offerings
7.2.4 AXA XL Parametric Insurance Revenue in Global Market (2018-2023)
7.2.5 AXA XL Key News & Latest Developments
7.3 Chubb
7.3.1 Chubb Company Summary
7.3.2 Chubb Business Overview
7.3.3 Chubb Parametric Insurance Major Product Offerings
7.3.4 Chubb Parametric Insurance Revenue in Global Market (2018-2023)
7.3.5 Chubb Key News & Latest Developments
7.4 FloodFlash
7.4.1 FloodFlash Company Summary
7.4.2 FloodFlash Business Overview
7.4.3 FloodFlash Parametric Insurance Major Product Offerings
7.4.4 FloodFlash Parametric Insurance Revenue in Global Market (2018-2023)
7.4.5 FloodFlash Key News & Latest Developments
7.5 Jumpstart Insurance Solutions, Inc.
7.5.1 Jumpstart Insurance Solutions, Inc. Company Summary
7.5.2 Jumpstart Insurance Solutions, Inc. Business Overview
7.5.3 Jumpstart Insurance Solutions, Inc. Parametric Insurance Major Product Offerings
7.5.4 Jumpstart Insurance Solutions, Inc. Parametric Insurance Revenue in Global Market (2018-2023)
7.5.5 Jumpstart Insurance Solutions, Inc. Key News & Latest Developments
7.6 Berkshire Hathaway Specialty Insurance
7.6.1 Berkshire Hathaway Specialty Insurance Company Summary
7.6.2 Berkshire Hathaway Specialty Insurance Business Overview
7.6.3 Berkshire Hathaway Specialty Insurance Parametric Insurance Major Product Offerings
7.6.4 Berkshire Hathaway Specialty Insurance Parametric Insurance Revenue in Global Market (2018-2023)
7.6.5 Berkshire Hathaway Specialty Insurance Key News & Latest Developments
7.7 Munich Re
7.7.1 Munich Re Company Summary
7.7.2 Munich Re Business Overview
7.7.3 Munich Re Parametric Insurance Major Product Offerings
7.7.4 Munich Re Parametric Insurance Revenue in Global Market (2018-2023)
7.7.5 Munich Re Key News & Latest Developments
7.8 Global Parametrics
7.8.1 Global Parametrics Company Summary
7.8.2 Global Parametrics Business Overview
7.8.3 Global Parametrics Parametric Insurance Major Product Offerings
7.8.4 Global Parametrics Parametric Insurance Revenue in Global Market (2018-2023)
7.8.5 Global Parametrics Key News & Latest Developments
7.9 Swiss Re
7.9.1 Swiss Re Company Summary
7.9.2 Swiss Re Business Overview
7.9.3 Swiss Re Parametric Insurance Major Product Offerings
7.9.4 Swiss Re Parametric Insurance Revenue in Global Market (2018-2023)
7.9.5 Swiss Re Key News & Latest Developments
7.10 Zurich American Insurance Company
7.10.1 Zurich American Insurance Company Company Summary
7.10.2 Zurich American Insurance Company Business Overview
7.10.3 Zurich American Insurance Company Parametric Insurance Major Product Offerings
7.10.4 Zurich American Insurance Company Parametric Insurance Revenue in Global Market (2018-2023)
7.10.5 Zurich American Insurance Company Key News & Latest Developments
8 Conclusion
9 Appendix
9.1 Note
9.2 Examples of Clients
9.3 Disclaimer
LIST OF TABLES & FIGURES
List of Tables
Table 1. Parametric Insurance Market Opportunities & Trends in Global Market
Table 2. Parametric Insurance Market Drivers in Global Market
Table 3. Parametric Insurance Market Restraints in Global Market
Table 4. Key Players of Parametric Insurance in Global Market
Table 5. Top Parametric Insurance Players in Global Market, Ranking by Revenue (2022)
Table 6. Global Parametric Insurance Revenue by Companies, (US$, Mn), 2018-2023
Table 7. Global Parametric Insurance Revenue Share by Companies, 2018-2023
Table 8. Global Companies Parametric Insurance Product Type
Table 9. List of Global Tier 1 Parametric Insurance Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Parametric Insurance Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 11. By Type ? Global Parametric Insurance Revenue, (US$, Mn), 2022 & 2029
Table 12. By Type - Parametric Insurance Revenue in Global (US$, Mn), 2018-2023
Table 13. By Type - Parametric Insurance Revenue in Global (US$, Mn), 2024-2029
Table 14. By Application ? Global Parametric Insurance Revenue, (US$, Mn), 2022 & 2029
Table 15. By Application - Parametric Insurance Revenue in Global (US$, Mn), 2018-2023
Table 16. By Application - Parametric Insurance Revenue in Global (US$, Mn), 2024-2029
Table 17. By Region ? Global Parametric Insurance Revenue, (US$, Mn), 2022 & 2029
Table 18. By Region - Global Parametric Insurance Revenue (US$, Mn), 2018-2023
Table 19. By Region - Global Parametric Insurance Revenue (US$, Mn), 2024-2029
Table 20. By Country - North America Parametric Insurance Revenue, (US$, Mn), 2018-2023
Table 21. By Country - North America Parametric Insurance Revenue, (US$, Mn), 2024-2029
Table 22. By Country - Europe Parametric Insurance Revenue, (US$, Mn), 2018-2023
Table 23. By Country - Europe Parametric Insurance Revenue, (US$, Mn), 2024-2029
Table 24. By Region - Asia Parametric Insurance Revenue, (US$, Mn), 2018-2023
Table 25. By Region - Asia Parametric Insurance Revenue, (US$, Mn), 2024-2029
Table 26. By Country - South America Parametric Insurance Revenue, (US$, Mn), 2018-2023
Table 27. By Country - South America Parametric Insurance Revenue, (US$, Mn), 2024-2029
Table 28. By Country - Middle East & Africa Parametric Insurance Revenue, (US$, Mn), 2018-2023
Table 29. By Country - Middle East & Africa Parametric Insurance Revenue, (US$, Mn), 2024-2029
Table 30. Allianz Company Summary
Table 31. Allianz Parametric Insurance Product Offerings
Table 32. Allianz Parametric Insurance Revenue (US$, Mn) & (2018-2023)
Table 33. Allianz Key News & Latest Developments
Table 34. AXA XL Company Summary
Table 35. AXA XL Parametric Insurance Product Offerings
Table 36. AXA XL Parametric Insurance Revenue (US$, Mn) & (2018-2023)
Table 37. AXA XL Key News & Latest Developments
Table 38. Chubb Company Summary
Table 39. Chubb Parametric Insurance Product Offerings
Table 40. Chubb Parametric Insurance Revenue (US$, Mn) & (2018-2023)
Table 41. Chubb Key News & Latest Developments
Table 42. FloodFlash Company Summary
Table 43. FloodFlash Parametric Insurance Product Offerings
Table 44. FloodFlash Parametric Insurance Revenue (US$, Mn) & (2018-2023)
Table 45. FloodFlash Key News & Latest Developments
Table 46. Jumpstart Insurance Solutions, Inc. Company Summary
Table 47. Jumpstart Insurance Solutions, Inc. Parametric Insurance Product Offerings
Table 48. Jumpstart Insurance Solutions, Inc. Parametric Insurance Revenue (US$, Mn) & (2018-2023)
Table 49. Jumpstart Insurance Solutions, Inc. Key News & Latest Developments
Table 50. Berkshire Hathaway Specialty Insurance Company Summary
Table 51. Berkshire Hathaway Specialty Insurance Parametric Insurance Product Offerings
Table 52. Berkshire Hathaway Specialty Insurance Parametric Insurance Revenue (US$, Mn) & (2018-2023)
Table 53. Berkshire Hathaway Specialty Insurance Key News & Latest Developments
Table 54. Munich Re Company Summary
Table 55. Munich Re Parametric Insurance Product Offerings
Table 56. Munich Re Parametric Insurance Revenue (US$, Mn) & (2018-2023)
Table 57. Munich Re Key News & Latest Developments
Table 58. Global Parametrics Company Summary
Table 59. Global Parametrics Parametric Insurance Product Offerings
Table 60. Global Parametrics Parametric Insurance Revenue (US$, Mn) & (2018-2023)
Table 61. Global Parametrics Key News & Latest Developments
Table 62. Swiss Re Company Summary
Table 63. Swiss Re Parametric Insurance Product Offerings
Table 64. Swiss Re Parametric Insurance Revenue (US$, Mn) & (2018-2023)
Table 65. Swiss Re Key News & Latest Developments
Table 66. Zurich American Insurance Company Company Summary
Table 67. Zurich American Insurance Company Parametric Insurance Product Offerings
Table 68. Zurich American Insurance Company Parametric Insurance Revenue (US$, Mn) & (2018-2023)
Table 69. Zurich American Insurance Company Key News & Latest Developments
List of Figures
Figure 1. Parametric Insurance Segment by Type in 2022
Figure 2. Parametric Insurance Segment by Application in 2022
Figure 3. Global Parametric Insurance Market Overview: 2022
Figure 4. Key Caveats
Figure 5. Global Parametric Insurance Market Size: 2022 VS 2029 (US$, Mn)
Figure 6. Global Parametric Insurance Revenue, 2018-2029 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Parametric Insurance Revenue in 2022
Figure 8. By Type - Global Parametric Insurance Revenue Market Share, 2018-2029
Figure 9. By Application - Global Parametric Insurance Revenue Market Share, 2018-2029
Figure 10. By Type - Global Parametric Insurance Revenue, (US$, Mn), 2022 & 2029
Figure 11. By Type - Global Parametric Insurance Revenue Market Share, 2018-2029
Figure 12. By Application - Global Parametric Insurance Revenue, (US$, Mn), 2022 & 2029
Figure 13. By Application - Global Parametric Insurance Revenue Market Share, 2018-2029
Figure 14. By Region - Global Parametric Insurance Revenue Market Share, 2018-2029
Figure 15. By Country - North America Parametric Insurance Revenue Market Share, 2018-2029
Figure 16. US Parametric Insurance Revenue, (US$, Mn), 2018-2029
Figure 17. Canada Parametric Insurance Revenue, (US$, Mn), 2018-2029
Figure 18. Mexico Parametric Insurance Revenue, (US$, Mn), 2018-2029
Figure 19. By Country - Europe Parametric Insurance Revenue Market Share, 2018-2029
Figure 20. Germany Parametric Insurance Revenue, (US$, Mn), 2018-2029
Figure 21. France Parametric Insurance Revenue, (US$, Mn), 2018-2029
Figure 22. U.K. Parametric Insurance Revenue, (US$, Mn), 2018-2029
Figure 23. Italy Parametric Insurance Revenue, (US$, Mn), 2018-2029
Figure 24. Russia Parametric Insurance Revenue, (US$, Mn), 2018-2029
Figure 25. Nordic Countries Parametric Insurance Revenue, (US$, Mn), 2018-2029
Figure 26. Benelux Parametric Insurance Revenue, (US$, Mn), 2018-2029
Figure 27. By Region - Asia Parametric Insurance Revenue Market Share, 2018-2029
Figure 28. China Parametric Insurance Revenue, (US$, Mn), 2018-2029
Figure 29. Japan Parametric Insurance Revenue, (US$, Mn), 2018-2029
Figure 30. South Korea Parametric Insurance Revenue, (US$, Mn), 2018-2029
Figure 31. Southeast Asia Parametric Insurance Revenue, (US$, Mn), 2018-2029
Figure 32. India Parametric Insurance Revenue, (US$, Mn), 2018-2029
Figure 33. By Country - South America Parametric Insurance Revenue Market Share, 2018-2029
Figure 34. Brazil Parametric Insurance Revenue, (US$, Mn), 2018-2029
Figure 35. Argentina Parametric Insurance Revenue, (US$, Mn), 2018-2029
Figure 36. By Country - Middle East & Africa Parametric Insurance Revenue Market Share, 2018-2029
Figure 37. Turkey Parametric Insurance Revenue, (US$, Mn), 2018-2029
Figure 38. Israel Parametric Insurance Revenue, (US$, Mn), 2018-2029
Figure 39. Saudi Arabia Parametric Insurance Revenue, (US$, Mn), 2018-2029
Figure 40. UAE Parametric Insurance Revenue, (US$, Mn), 2018-2029
Figure 41. Allianz Parametric Insurance Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 42. AXA XL Parametric Insurance Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 43. Chubb Parametric Insurance Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 44. FloodFlash Parametric Insurance Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 45. Jumpstart Insurance Solutions, Inc. Parametric Insurance Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 46. Berkshire Hathaway Specialty Insurance Parametric Insurance Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 47. Munich Re Parametric Insurance Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 48. Global Parametrics Parametric Insurance Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 49. Swiss Re Parametric Insurance Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 50. Zurich American Insurance Company Parametric Insurance Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
