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Auto Insurance Market Analysis- Industry Size, Share, Research Report, Insights, Covid-19 Impact, Statistics, Trends, Growth and Forecast 2022-2030

Published Date: July, 2022
No of Pages: 169
Delivery Format: PDF + Excel

$2,950.00

Description of the Report

Auto Insurance Market Outlook 2027

The global auto insurance market was estimated at $739.30 billion in 2019 and is predicted to rise to $1.06 trillion in 2027, increasing by 8.5 percent from 2020 to 2027.

Auto insurance protects financial security for consumers against physical harm caused by traffic collisions as well as theft of vehicles. It also will cover the costs associated with injuries, deaths, or property damage caused by the insured owner of their vehicle, the other driver, or property, such as fences, buildings, or poles. While the requirements for auto insurance vary in each state in the case of bodily injury liability, property damage liability coverage has been required in several jurisdictions before allowing or using vehicles on public roads. The market for auto insurance shows significant growth potential due to the number of roads crashes in most countries around the world.

Insurance Regulatory and Development Authority of India (IRDAI) has set the policy for three years of car insurance and a five-year policy for motorbikes from the date of registration and sale. According to the Insurance Information Bureau (IIB), the IIB estimates that only 6.5 or 7 million vehicles are insured against the 18 million registered vehicles on Indian roads. To safeguard the insured and uninsured from injuries as well as injuries to others, it is required that the Motor Vehicle Act imposes consumers to carry mandatory third-party liability insurance, which shields the insured from financial losses in the event of injuries to the body, death, or property damage to third parties. Alongside the obligatory coverage and the mandatory coverage, it also provides Motor Vehicle Act revised penalties against the violation of the Compulsory Third-Party Policy. This has resulted in the inclusion of many vehicles that are not insured in the insurance realm. These factors have led to a growth in the demand for automobile insurance policies.

The increase in accidents, strict government regulations to ensure the use of auto insurance, and an increase in the sales of automobiles worldwide due to the increase in the per capita incomes of the population are among the main reasons behind the auto insurance market’s global expansion. Furthermore, the introduction of autonomous vehicles hinders the expansion of this market. Additionally, the implementation of technology in the existing product, as well as service lines and the increase in the need for third-party liability insurance within emerging markets, are anticipated to offer lucrative opportunities for automobile insurance industry expansion over the forecast time.

The car insurance sector dominated North America in 2019 and is anticipated to maintain its dominance throughout the forecast. The primary factors driving the expansion of this market are the presence of significant players and the increasing demand for automobiles. Yet, Asia-Pacific is expected to see a significant increase in the forecast time frame due to the rapid adoption of mobile telematics technology insurance companies for automobiles in emerging nations like China and India.

The report concentrates on the future growth opportunities of the market, as well as restraints and trends in the global market for auto insurance analysis. The report offers Porter’s Five Forces analysis to comprehend the effect of different factors like suppliers’ bargaining power, the competitive strength of competitors, the risk of new competitors, the threat of substitutes, and the bargaining power of consumers on the auto insurance market in general.

Segment review

The market for auto insurance worldwide is broken down into distribution channel, coverage age of the vehicle, application, and location. In terms of coverage, it is fragmented into third-party liability coverage and collision/comprehensive/other optional coverages. Through distribution channels, it is divided into brokers/insurance agents’ direct response, banks and others. Based on the age of the vehicle, it is classified into used and new vehicles. Based on the type of application, it’s divided into personal, commercial, and personal. The market is examined in North America, Europe, Asia-Pacific, and LAMEA.

Impact analysis of COVID-19

The market for auto insurance has experienced significant growth in recent years. However, due to the emergence of the COVID-19 pandemic, the market is expected to experience a rapid decline in the year 2020. This is due to the introduction of a lockdown by the governments of most countries and the closure of travel throughout the globe to avoid transmission of the virus. To address these challenges, insurance companies have introduced innovations to the existing policies, such as pay-as-you-drive or usage-based Telematics insurance. They have also adopted new technologies to improve claims processes and enhance the customer experience regardless of the global health epidemic.

Top factors that impact

Increase in the traffic accidents

The rising demand for the auto insurance market for incidents like traffic collisions and physical injury or theft, injury to the body, and fire creates the pressure for insurance firms to make investments in and create insurance products that are lower coverage, less expansion, and offer financial protection for medical or other damage. Recent years have seen an increase in accidents. They are on the rise in traffic crashes, road accidents, injuries from drunk driving, and speeding while distracted, leading to the demand to insure autos. Most motorists depend on vehicle insurance to safeguard themselves against the financial burden of injuries to passengers, drivers, and pedestrians.

Additionally, auto insurance also includes such insurance policies, which assist in paying relatives after the policyholder’s death. Insurance companies have been reported to expand the range of coverages offered in their products to enhance the user experience and stay ahead of competitors in the coming years.

Implementation of HTML0 technologies in existing service and product lines

The rapid growth of technology like GPS, telematics intelligence (AI), blockchain, data analytics, and big data provides exciting opportunities for insurers. Thanks to these technological advancements, Auto insurance distribution platforms will be expected to improve efficiency in providing seamless coverage at the point of purchase.

Furthermore, digital transformation permits automobile insurance companies to offer highly personalized user experiences for their clients. In addition, due to social distancing, claims resolution is more dependent on digital technologies like photo estimation tools and mobile telecoms solutions. Therefore, implementing such technologies is anticipated to create lucrative remunerative opportunities for insurance companies.

Asia-Pacific is expected to show the most considerable CAGR of 10.2 percent from 2020 to 2027.

The Benefits for Stakeholders

  • The study offers a comprehensive review of the global car market share of insurance, as well as the present trends and the forecasts for the future to help identify future investment opportunities.
  • Details about the key factors, drivers, restrictions, and opportunities, as well as their impact on the global auto insurance market, are included in the document.
  • Porter’s Five Forces analysis shows the power of suppliers and buyers in the insurance business for automobiles.
  • The quantitative market analysis between 2019 and 2027 will be used to assess the market’s potential.

Auto Insurance Market Report Scope and Segmentation

ATTRIBUTESDETAILS
ESTIMATED YEAR2022
BASE YEAR2021
FORECAST YEAR2030
HISTORICAL YEAR2017-2021
UNITValue (USD Million/Billion)
BY REGIONNorth America, Europe, Asia Pacific, Latin America, Middle East and Africa

Market Segments Key Market Segments

    • Through Application
      • Personal
      • Commercial
    • By Coverage
      • THIRD Third LIABILITY COVERAGE
      • COLLISION/COMPREHENSIVE/ OTHER OPTIONAL COVERAGES
    • Based on the age of the vehicle
      • New Cars
      • Used Cars
    • By Distribution Channel
      • Insurance Brokers and Agents
      • Direct Response
      • Banks
      • Other
    • By Region
      • North America
        • US
        • Canada
        • Mexico
      • Europe
        • Germany
        • Italy
        • France
        • UK
        • Spain
        • Poland
        • Russia
        • The Netherlands
        • Norway
        • Czech Republic
        • Rest of Europe
      • Asia Pacific
        • China
        • Japan
        • India
        • South Korea
        • Indonesia
        • Malaysia
        • Thailand
        • Singapore
        • Australia & New Zealand
        • Rest of Asia Pacific
      • South America
        • Brazil
        • Argentina
        • Colombia
        • Rest of South America
      • The Middle East & Africa
        • Saudi Arabia
        • UAE
        • South Africa
        • Northern Africa
        • Rest of MEA

 

Principal Market Participants

  • The PEOPLES INSURED COMPANY of CHINA
  • CHINA PACIFIC INSURANCE CO.
  • STATE FARM MUTUAL
  • Sovereign Wealth Fund Institute
  • AUTOMOBILE Insurance
  • PING A Insurance (GROUP) COMPANY OF CHINA, LTD.
  • BERKSHIRE HATHAWAY INC.
  • ADMIRAL GROUP PLC
  • GEICO
  • TOKIO MARINE GROUP
  • ALLIANZ
  • ALLSTATE Insurance Company

Table of Contents

CHAPTER 1:INTRODUCTION

1.1.REPORT DESCRIPTION
1.2.KEY MARKET SEGMENTS
1.3.KEY BENEFITS
1.4.RESEARCH METHODOLOGY

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.CXO PERSPECTIVE

CHAPTER 3:MARKET LANDSCAPE

3.1.MARKET DEFINITION AND SCOPE
3.2.KEY FINDINGS

3.2.1.Top investment pockets
3.2.2.Top winning strategies

3.3.PORTER’S FIVE FORCES ANALYSIS

3.3.1.Bargaining power of suppliers
3.3.2.Threat of new entrants
3.3.3.Threat of substitutes
3.3.4.Competitive rivalry
3.3.5.Bargaining power among buyers

3.4.MARKET SHARE ANALYSIS/TOP PLAYER POSITIONING 2019
3.5.MARKET DYNAMICS

3.5.1.Drivers
3.5.2.Restraints
3.5.3.Opportunities

3.6.COVID-19 IMPACT ANALYSIS

3.6.1.Impact on auto insurance market size
3.6.2.Change in end user trends, preferences, and budget impact due to
COVID-19
3.6.3.Regulatory framework for solving market challenges faced by insurers
3.6.4.Economic impact on insurance providers
3.6.5.Key player strategies to tackle negative impact in the industry
3.6.6.Opportunity analysis

CHAPTER 4:AUTO INSURANCE MARKET BY COVERAGE

4.1.OVERVIEW
4.2. THIRD PARTY LIABILITY COVERAGE

4.2.1.Key market trends, growth factors and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market share analysis, by country

4.3.COLLISION/COMPREHENSIVE/ OTHER OPTIONAL COVERAGES

4.3.1.Key market trends, growth factors and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market share analysis, by country

CHAPTER 5: AUTO INSURANCE MARKET BY DISTRIBUTION CHANNEL

5.1.OVERVIEW
5.2. INSURANCE AGENTS/BROKERS

5.2.1.Key market trends, growth factors and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market share analysis, by country

5.3.DIRECT RESPONSE

5.3.1.Key market trends, growth factors and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market share analysis, by country

5.4.BANKS

5.4.1.Key market trends, growth factors and opportunities
5.4.2.Market size and forecast, by region
5.4.3.Market share analysis, by country

5.5.OTHERS

5.5.1.Key market trends, growth factors and opportunities
5.5.2.Market size and forecast, by region
5.5.3.Market share analysis, by country

CHAPTER 6:AUTO INSURANCE MARKET BY VEHICLE AGE

6.1.OVERVIEW
6.2.NEW VEHICLES

6.2.1.Key market trends, growth factors and opportunities
6.2.2.Market size and forecast, by region
6.2.3.Market share analysis, by country

6.3.USED VEHICLES

6.3.1.Key market trends, growth factors and opportunities
6.3.2.Market size and forecast, by region
6.3.3.Market share analysis, by country

CHAPTER 7:AUTO INSURANCE MARKET BY APPLICATION

7.1.OVERVIEW
7.2.PERSONAL

7.2.1.Key market trends, growth factors and opportunities
7.2.2.Market size and forecast, by region
7.2.3.Market share analysis, by country

7.3.COMMERCIAL

7.3.1.Key market trends, growth factors and opportunities
7.3.2.Market size and forecast, by region
7.3.3.Market share analysis, by country

CHAPTER 8:AUTO INSURANCE MARKET BY REGION

8.1.OVERVIEW
8.2.NORTH AMERICA

8.2.1.Key market trends and opportunities
8.2.2.Market size and forecast, by coverage
8.2.3.Market size and forecast, by distribution channel
8.2.4.Market size and forecast, by vehicle age
8.2.5.Market size and forecast, by application
8.2.6.Market size and forecast, by country
8.2.7.U.S.

8.2.7.1.Market size and forecast, by coverage
8.2.7.2.Market size and forecast, by distribution channel
8.2.7.3.Market size and forecast, by vehicle age
8.2.7.4.Market size and forecast, by application

8.2.8.Canada

8.2.8.1.Market size and forecast, by coverage
8.2.8.2.Market size and forecast, by distribution channel
8.2.8.3.Market size and forecast, by vehicle age
8.2.8.4.Market size and forecast, by application

8.3.EUROPE

8.3.1.Key market trends and opportunities
8.3.2.Market size and forecast, by coverage
8.3.3.Market size and forecast, by distribution channel
8.3.4.Market size and forecast, by vehicle age
8.3.5.Market size and forecast, by application
8.3.6.Market size and forecast, by country
8.3.7.Germany

8.3.7.1.Market size and forecast, by coverage
8.3.7.2.Market size and forecast, by distribution channel
8.3.7.3.Market size and forecast, by vehicle age
8.3.7.4.Market size and forecast, by application

8.3.8.UK

8.3.8.1.Market size and forecast, by coverage
8.3.8.2.Market size and forecast, by distribution channel
8.3.8.3.Market size and forecast, by vehicle age
8.3.8.4.Market size and forecast, by application

8.3.9.France

8.3.9.1.Market size and forecast, by coverage
8.3.9.2.Market size and forecast, by distribution channel
8.3.9.3.Market size and forecast, by vehicle age
8.3.9.4.Market size and forecast, by application

8.3.10.Italy

8.3.10.1.Market size and forecast, by coverage
8.3.10.2.Market size and forecast, by distribution channel
8.3.10.3.Market size and forecast, by vehicle age
8.3.10.4.Market size and forecast, by application

8.3.11.Spain

8.3.11.1.Market size and forecast, by coverage
8.3.11.2.Market size and forecast, by distribution channel
8.3.11.3.Market size and forecast, by vehicle age
8.3.11.4.Market size and forecast, by application

8.3.12.Belgium

8.3.12.1.Market size and forecast, by coverage
8.3.12.2.Market size and forecast, by distribution channel
8.3.12.3.Market size and forecast, by vehicle age
8.3.12.4.Market size and forecast, by application

8.3.13.Rest of Europe

8.3.13.1.Market size and forecast, by coverage
8.3.13.2.Market size and forecast, by distribution channel
8.3.13.3.Market size and forecast, by vehicle age
8.3.13.4.Market size and forecast, by application

8.4.ASIA-PACIFIC

8.4.1.Key market trends and opportunities
8.4.2.Market size and forecast, by coverage
8.4.3.Market size and forecast, by distribution channel
8.4.4.Market size and forecast, by vehicle age
8.4.5.Market size and forecast, by application
8.4.6.Market size and forecast, by country
8.4.7.China

8.4.7.1.Market size and forecast, by coverage
8.4.7.2.Market size and forecast, by distribution channel
8.4.7.3.Market size and forecast, by vehicle age
8.4.7.4.Market size and forecast, by application

8.4.8.Japan

8.4.8.1.Market size and forecast, by coverage
8.4.8.2.Market size and forecast, by distribution channel
8.4.8.3.Market size and forecast, by vehicle age
8.4.8.4.Market size and forecast, by application

8.4.9.India

8.4.9.1.Market size and forecast, by coverage
8.4.9.2.Market size and forecast, by distribution channel
8.4.9.3.Market size and forecast, by vehicle age
8.4.9.4.Market size and forecast, by application

8.4.10.Australia

8.4.10.1.Market size and forecast, by coverage
8.4.10.2.Market size and forecast, by distribution channel
8.4.10.3.Market size and forecast, by vehicle age
8.4.10.4.Market size and forecast, by application

8.4.11.South Korea

8.4.11.1.Market size and forecast, by coverage
8.4.11.2.Market size and forecast, by distribution channel
8.4.11.3.Market size and forecast, by vehicle age
8.4.11.4.Market size and forecast, by application

8.4.12.Rest of Asia-Pacific

8.4.12.1.Market size and forecast, by coverage
8.4.12.2.Market size and forecast, by distribution channel
8.4.12.3.Market size and forecast, by vehicle age
8.4.12.4.Market size and forecast, by application

8.5.LAMEA

8.5.1.Key market trends and opportunities
8.5.2.Market size and forecast, by coverage
8.5.3.Market size and forecast, by distribution channel
8.5.4.Market size and forecast, by vehicle age
8.5.5.Market size and forecast, by application
8.5.6.Market size and forecast, by country
8.5.7.Latin America

8.5.7.1.Market size and forecast, by coverage
8.5.7.2.Market size and forecast, by distribution channel
8.5.7.3.Market size and forecast, by vehicle age
8.5.7.4.Market size and forecast, by application

8.5.8.Middle East

8.5.8.1.Market size and forecast, by coverage
8.5.8.2.Market size and forecast, by distribution channel
8.5.8.3.Market size and forecast, by vehicle age
8.5.8.4.Market size and forecast, by application

8.5.9.Africa

8.5.9.1.Market size and forecast, by coverage
8.5.9.2.Market size and forecast, by distribution channel
8.5.9.3.Market size and forecast, by vehicle age
8.5.9.4.Market size and forecast, by application

CHAPTER 9:COMPANY PROFILES

9.1. PEOPLES INSURANCE COMPANY OF CHINA

9.1.1.Company overview
9.1.2.Key Executives
9.1.3.Company snapshot
9.1.4.Operating business segments
9.1.5.Product portfolio
9.1.6.Business performance
9.1.7.Key strategic moves and developments

9.2. CHINA PACIFIC INSURANCE CO.

9.2.1.Company overview
9.2.2.Key Executives
9.2.3.Company snapshot
9.2.4.Operating business segments
9.2.5.Product portfolio
9.2.6.Business performance
9.2.7.Key strategic moves and developments

9.3.STATE FARM MUTUAL AUTOMOBILE INSURANCE

9.3.1.Company overview
9.3.2.Key Executives
9.3.3.Company snapshot
9.3.4.Operating business segments
9.3.5.Product portfolio
9.3.6.Business performance
9.3.7.Key strategic moves and developments

9.4.PING AN INSURANCE (GROUP) COMPANY OF CHINA, LTD.

9.4.1.Company overview
9.4.2.Key Executives
9.4.3.Company snapshot
9.4.4.Operating business segments
9.4.5.Product portfolio
9.4.6.Business performance
9.4.7.Key strategic moves and developments

9.5.BERKSHIRE HATHAWAY INC.

9.5.1.Company overview
9.5.2.Key Executives
9.5.3.Company snapshot
9.5.4.Operating business segments
9.5.5.Product portfolio
9.5.6.Business performance
9.5.7.Key strategic moves and developments

9.6.ADMIRAL GROUP PLC

9.6.1.Company overview
9.6.2.Key Executives
9.6.3.Company snapshot
9.6.4.Operating business segments
9.6.5.Product portfolio
9.6.6.Business performance
9.6.7.Key strategic moves and developments

9.7.GEICO

9.7.1.Company overview
9.7.2.Key Executives
9.7.3.Company snapshot
9.7.4.Operating business segments
9.7.5.Product portfolio
9.7.6.Business performance
9.7.7.Key strategic moves and developments

9.8.TOKIO MARINE GROUP

9.8.1.Company overview
9.8.2.Key Executives
9.8.3.Company snapshot
9.8.4.Operating business segments
9.8.5.Product portfolio
9.8.6.Business performance
9.8.7.Key strategic moves and developments

9.9.ALLIANZ

9.9.1.Company overview
9.9.2.Key Executives
9.9.3.Company snapshot
9.9.4.Operating business segments
9.9.5.Product portfolio
9.9.6.Business performance
9.9.7.Key strategic moves and developments

9.10.ALLSTATE INSURANCE COMPANY

9.10.1.Company overview
9.10.2.Key Executives
9.10.3.Company snapshot
9.10.4.Operating business segments
9.10.5.Product portfolio
9.10.6.Business performance
9.10.7.Key strategic moves and developments

LIST OF TABLES

TABLE 1.GLOBAL AUTO INSURANCE MARKET, BY COVERAGE 2019-2027 ($MILLION)
TABLE 2.AUTO INSURANCE MARKET FOR THIRD PARTY LIABILITY COVERAGE, BY REGION, 2019-2027 ($MILLION)
TABLE 3.AUTO INSURANCE MARKET FOR COLLISION/COMPREHENSIVE/ OTHER OPTIONAL COVERAGES, BY REGION, 2019-2027 ($MILLION)
TABLE 4.GLOBAL AUTO INSURANCE MARKET, BY DISTRIBUTION CHANNEL 2019-2027 ($MILLION)
TABLE 5.AUTO INSURANCE MARKET FOR INSURANCE AGENTS/BROKERS, BY REGION, 2019-2027 ($MILLION)
TABLE 6.AUTO INSURANCE MARKET FOR DIRECT RESPONSE, BY REGION, 2019-2027 ($MILLION)
TABLE 7.AUTO INSURANCE MARKET FOR BANKS, BY REGION, 2019-2027 ($MILLION)
TABLE 8.AUTO INSURANCE MARKET FOR OTHERS, BY REGION, 2019-2027 ($MILLION)
TABLE 9.GLOBAL AUTO INSURANCE MARKET, BY VEHICLE AGE 2019-2027 ($MILLION)
TABLE 10.AUTO INSURANCE MARKET FOR NEW VEHICLES, BY REGION, 2019-2027 ($MILLION)
TABLE 11.AUTO INSURANCE MARKET FOR USED VEHICLES, BY REGION, 2019-2027 ($MILLION)
TABLE 12.GLOBAL AUTO INSURANCE MARKET, BY APPLICATION 2019-2027 ($MILLION)
TABLE 13.AUTO INSURANCE MARKET FOR PERSONAL, BY REGION, 2019-2027 ($MILLION)
TABLE 14.AUTO INSURANCE MARKET FOR COMMERCIAL, BY REGION, 2019-2027 ($MILLION)
TABLE 15.AUTO INSURANCE MARKET FOR , BY REGION, 2019-2027 ($MILLION)
TABLE 16.NORTH AMERICA AUTO INSURANCE, BY COVERAGE 2019-2027 ($MILLION)
TABLE 17.NORTH AMERICA AUTO INSURANCE, BY DISTRIBUTION CHANNEL 2019-2027 ($MILLION)
TABLE 18.NORTH AMERICA AUTO INSURANCE, BY VEHICLE AGE 2019-2027 ($MILLION)
TABLE 19.NORTH AMERICA AUTO INSURANCE, BY APPLICATION 2019-2027 ($MILLION)
TABLE 20.NORTH AMERICA AUTO INSURANCE, BY REGION, 2019-2027 ($MILLION)
TABLE 21.EUROPE AUTO INSURANCE, BY COVERAGE 2019-2027 ($MILLION)
TABLE 22.EUROPE AUTO INSURANCE, BY DISTRIBUTION CHANNEL 2019-2027 ($MILLION)
TABLE 23.EUROPE AUTO INSURANCE, BY VEHICLE AGE 2019-2027 ($MILLION)
TABLE 24.EUROPE AUTO INSURANCE, BY APPLICATION 2019-2027 ($MILLION)
TABLE 25.EUROPE AUTO INSURANCE, BY REGION, 2019-2027 ($MILLION)
TABLE 26.ASIA-PACIFIC AUTO INSURANCE, BY COVERAGE 2019-2027 ($MILLION)
TABLE 27.ASIA-PACIFIC AUTO INSURANCE, BY DISTRIBUTION CHANNEL 2019-2027 ($MILLION)
TABLE 28.ASIA-PACIFIC AUTO INSURANCE, BY VEHICLE AGE 2019-2027 ($MILLION)
TABLE 29.ASIA-PACIFIC AUTO INSURANCE, BY APPLICATION 2019-2027 ($MILLION)
TABLE 30.ASIA-PACIFIC AUTO INSURANCE, BY REGION, 2019-2027 ($MILLION)
TABLE 31.LAMEA AUTO INSURANCE, BY COVERAGE 2019-2027 ($MILLION)
TABLE 32.LAMEA AUTO INSURANCE, BY DISTRIBUTION CHANNEL 2019-2027 ($MILLION)
TABLE 33.LAMEA AUTO INSURANCE, BY VEHICLE AGE 2019-2027 ($MILLION)
TABLE 34.LAMEA AUTO INSURANCE, BY APPLICATION 2019-2027 ($MILLION)
TABLE 35.LAMEA AUTO INSURANCE, BY REGION, 2019-2027 ($MILLION)
TABLE 36.PEOPLES INSURANCE COMPANY OF CHINA: COMPANY SNAPSHOT
TABLE 37.PEOPLES INSURANCE COMPANY OF CHINA: OPERATING SEGMENTS
TABLE 38.CHINA PACIFIC INSURANCE CO.: COMPANY SNAPSHOT
TABLE 39.CHINA PACIFIC INSURANCE CO.: OPERATING SEGMENTS
TABLE 40.STATE FARM MUTUAL AUTOMOBILE INSURANCE : COMPANY SNAPSHOT
TABLE 41.STATE FARM MUTUAL AUTOMOBILE INSURANCE : OPERATING SEGMENTS
TABLE 42.PING AN INSURANCE (GROUP) COMPANY OF CHINA, LTD.: COMPANY SNAPSHOT
TABLE 43.PING AN INSURANCE (GROUP) COMPANY OF CHINA, LTD.: OPERATING SEGMENTS
TABLE 44.BERKSHIRE HATHAWAY INC.: COMPANY SNAPSHOT
TABLE 45.BERKSHIRE HATHAWAY INC.: OPERATING SEGMENTS
TABLE 46.ADMIRAL GROUP PLC: COMPANY SNAPSHOT
TABLE 47.ADMIRAL GROUP PLC: OPERATING SEGMENTS
TABLE 48.GEICO : COMPANY SNAPSHOT
TABLE 49.GEICO : OPERATING SEGMENTS
TABLE 50.TOKIO MARINE GROUP: COMPANY SNAPSHOT
TABLE 51.TOKIO MARINE GROUP: OPERATING SEGMENTS
TABLE 52.ALLIANZ : COMPANY SNAPSHOT
TABLE 53.ALLIANZ : OPERATING SEGMENTS
TABLE 54.ALLSTATE INSURANCE COMPANY: COMPANY SNAPSHOT
TABLE 55.ALLSTATE INSURANCE COMPANY: OPERATING SEGMENTS

LIST OF FIGURES

FIGURE 1.GLOBAL AUTO INSURANCE MARKET SEGMENTATION
FIGURE 2.TOP INVESTMENT POCKET
FIGURE 3.TOP WINNING STRATEGIES (%)
FIGURE 4.AUTO INSURANCE MARKET FOR THIRD PARTY LIABILITY COVERAGE, 2019-2027 ($MILLION)
FIGURE 5.AUTO INSURANCE MARKET FOR COLLISION/COMPREHENSIVE/ OTHER OPTIONAL COVERAGES, 2019-2027 ($MILLION)
FIGURE 6.AUTO INSURANCE MARKET FOR INSURANCE AGENTS/BROKERS, 2019-2027 ($MILLION)
FIGURE 7.AUTO INSURANCE MARKET FOR DIRECT RESPONSE, 2019-2027 ($MILLION)
FIGURE 8.AUTO INSURANCE MARKET FOR BANKS, 2019-2027 ($MILLION)
FIGURE 9.AUTO INSURANCE MARKET FOR OTHERS, 2019-2027 ($MILLION)
FIGURE 10.AUTO INSURANCE MARKET FOR NEW VEHICLES, 2019-2027 ($MILLION)
FIGURE 11.AUTO INSURANCE MARKET FOR USED VEHICLES, 2019-2027 ($MILLION)
FIGURE 12.AUTO INSURANCE MARKET FOR PERSONAL, 2019-2027 ($MILLION)
FIGURE 13.AUTO INSURANCE MARKET FOR COMMERCIAL, 2019-2027 ($MILLION)
FIGURE 14.GLOBAL AUTO INSURANCE, BY REGION, 2019 (%)
FIGURE 15.U.S. AUTO INSURANCE MARKET, 2019-2027 ($MILLION)
FIGURE 16.CANADA AUTO INSURANCE MARKET, 2019-2027 ($MILLION)
FIGURE 17.GERMANY AUTO INSURANCE MARKET, 2019-2027 ($MILLION)
FIGURE 18.UK AUTO INSURANCE MARKET, 2019-2027 ($MILLION)
FIGURE 19.FRANCE AUTO INSURANCE MARKET, 2019-2027 ($MILLION)
FIGURE 20.ITALY AUTO INSURANCE MARKET, 2019-2027 ($MILLION)
FIGURE 21.SPAIN AUTO INSURANCE MARKET, 2019-2027 ($MILLION)
FIGURE 22.BELGIUM AUTO INSURANCE MARKET, 2019-2027 ($MILLION)
FIGURE 23.REST OF EUROPE AUTO INSURANCE MARKET, 2019-2027 ($MILLION)
FIGURE 24.CHINA AUTO INSURANCE MARKET, 2019-2027 ($MILLION)
FIGURE 25.JAPAN AUTO INSURANCE MARKET, 2019-2027 ($MILLION)
FIGURE 26.INDIA AUTO INSURANCE MARKET, 2019-2027 ($MILLION)
FIGURE 27.AUSTRALIA AUTO INSURANCE MARKET, 2019-2027 ($MILLION)
FIGURE 28.SOUTH KOREA AUTO INSURANCE MARKET, 2019-2027 ($MILLION)
FIGURE 29.REST OF ASIA-PACIFIC AUTO INSURANCE MARKET, 2019-2027 ($MILLION)
FIGURE 30.LATIN AMERICA AUTO INSURANCE MARKET, 2019-2027 ($MILLION)
FIGURE 31.MIDDLE EAST AUTO INSURANCE MARKET, 2019-2027 ($MILLION)
FIGURE 32.AFRICA AUTO INSURANCE MARKET, 2019-2027 ($MILLION)

Major Companies

  • The PEOPLES INSURED COMPANY of CHINA
  • CHINA PACIFIC INSURANCE CO.
  • STATE FARM MUTUAL
  • Sovereign Wealth Fund Institute
  • AUTOMOBILE Insurance
  • PING A Insurance (GROUP) COMPANY OF CHINA, LTD.
  • BERKSHIRE HATHAWAY INC.
  • ADMIRAL GROUP PLC
  • GEICO
  • TOKIO MARINE GROUP
  • ALLIANZ
  • ALLSTATE Insurance Company

Major Segmentation

  • Through Application
    • Personal
    • Commercial
  • By Coverage
    • THIRD Third LIABILITY COVERAGE
    • COLLISION/COMPREHENSIVE/ OTHER OPTIONAL COVERAGES
  • Based on the age of the vehicle
    • New Cars
    • Used Cars
  • By Distribution Channel
    • Insurance Brokers and Agents
    • Direct Response
    • Banks
    • Other

Why Choose MWR

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Our goal is to provide high-quality data that stimulates growth and creates a win-win situations

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Free Company Inclusion 

We give you an option to include 3-4 additional company players of your choice in our report without any extra charges

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Unlimited post sales service with an account manager dedicated to making sure that all your needs are met

Covid-19 Impact Analysis

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