House Insurance Market Set for Explosive Development | Allianz, BUPA, PICC – Insurance Information Internet
the Global Home Insurance Market Report evaluates developments relevant to the insurance industry and identifies the most important risks and weaknesses for the home insurance industry in order to make stakeholders aware of current and future scenarios. In order to derive full valuation and market estimates, a wide list of insurers, aggregators and agencies has been included in the coverage; Some of the profiled top players are AFLAC, Allstate, Geico, Liberty Mutual,
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Worldwide, the insurance industry recorded strong premium growth in percent in 2019, while growth in percent in 2020 was noticeably slower. The total premiums (GWP) are expected to reach … by 2026. Home insurance companies looking for top growth opportunities in global insurance markets can explore both the fastest growing markets and the largest developed markets; the slowed growth rates suggest; however, most airlines would have to look further afield. "Growth over this period will be driven by emerging markets in the APAC and Latin America regions"
The report forms the total market of
Geographically, the global version of the report covers the following regions and countries:
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Research approach & assumptions:
– HTF MI describes the key trends of the global home insurance market based on final data for 2019 and previous years, as well as quarterly or annual reports for 2020. In general, the years considered in the study, i.e. the base year as 2020, the historical data as 2016 – 2020 and forecast period is 2021-2026.
– Various analytical tools were used to assess how the insurance sector, and the home insurance industry in particular, might respond to global macroeconomic changes over the next decade. In addition to fluctuating interest rates, our “consensus scenario” assumes a recovery in global GDP growth in the coming years; The results presented in the Home Insurance Market report reflect the results of this model.
– In calculating the growth of the home insurance market, we have generally used nominal gross premium figures based on 2020 fixed exchange rates, as this data enabled us to compare local growth rates without the impact of currency fluctuations. The exceptions that use floating exchange rates are
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