Marine Insurance Market Share, Trends and Forecast 2017-2021

A report on the global marine insurance market has been added to the swiftly growing repository of Titled, “Global Marine Insurance Market 2017-2021,” the report analyzes the overall growth of this market.


Albany, NY -- (SBWIRE) -- 06/11/2018 -- Marine insurance policies protect against losses in business. The protection provided is against legal liabilities that may arise from loss or damage caused to the vessels, their equipment and cargo, and any transport or cargo by which property of the marine company is transferred or acquired, during any calamity. The various types of marine insurance policies include cargo insurance; onshore energy insurance; hull insurance; and marine liability insurance.

The global marine insurance market to grow at a CAGR of 2.57% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global marine insurance market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of marine insurance.

The market is divided into the following segments based on geography:

Technavio's report, Global Marine Insurance Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors
American International

Other prominent vendors
Arthur J. Gallagher
Mitsui Sumitomo
Munich Re
Samsung Fire & Marine Insurance (SFMI)
Sompo Japan Nipponkoa Insurance
Swiss Re
Thomas Miller
Tokio Marine Holdings
XL Catlin
Zurich Insurance

Market driver
Increase in premium contribution from the emerging markets
For a full, detailed list, view our report

Market challenge
Impact of catastrophic losses on the insurers' balance sheet and pricing, as well as the rating system
For a full, detailed list, view our report

Market trend
Increase in automation of business processes
For a full, detailed list, view our report

Browse full report TOC:

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?