NJ New Jersey, USA -- (SBWIRE) -- 12/06/2022 -- Advance Market Analytics published a new research publication on "Personal Accident and Health Insurance Market Insights, to 2027" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Personal Accident and Health Insurance market was mainly driven by the increasing R&D spending across the world.
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Some of the key players profiled in the study are: AIG(United States), Allianz (Germany), Assicurazioni Generali (Italy), Aviva plc (United Kingdom), AXA (France), Berkshire Hathaway (United States), China Pacific Insurance (China), Chubb Limited (United States), Geico (United States), Liberty Mutual (United States), PICC (China), Ping An Insurance (China), Prudential PLC (United Kingdom), Zurich (Switzerland).
Scope of the Report of Personal Accident and Health Insurance
The Canadian personal accident and health insurance market is expected to grow at a healthy pace during the forecast period, according to the AMA study. The Canadian personal accident and health insurance market was estimated to be around USD XXX Million in 2019 which is expected to witness a CAGR of 4.5% during the forecast period. Moreover, the rising elder age population across Canada with health issues is spreading awareness regarding health insurance across the region, and an increasing number of road accidental cases across the Canadian region is expected to be some of the major factors aiding the growth of the market. However, the market is expected to witness a decline in growth during FY 2020 but it is again expected to rise at a healthy pace after the 2nd half of FY 2021. According to AMA, the Europe Personal Accident and Health Insurance market is expected to see growth rate of 4.5%.
The titled segments and sub-section of the market are illuminated below:
by Type (Personal Accidental Insurance, Personal Health Insurance), Demographics (Minor, Adults, Senior Citizen), Distribution Channel (Agents, Brokers, Bancassurance, Digital & Direct Channels), Coverage (Lifetime Coverage, Term Coverage)
Health Concerns After the COVID-19 Pandemic is Expected to generate Future Opportunities During the Forecast Period
Rising Disposable Income of Canadian Population Propelling the Investments in Insurance Sector Across Canada
Rising Awareness Regarding the Investments in Health Insurance Sector Owing to Tax Savings
Increasing Number of Accidental Cases Propelling the Demand for Personal Accident Insurance
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
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In the FY 2020, the consumers facing employment issues along with potential loss in income, and general market volatility which is hampering the new purchase of life insurance policies across the world. However, once the pandemic across the world becomes neutral and the consumer behavior begins to normalize, the effect of pandemic may bring new opportunities for market vendors by highlighting new products related to consumer's lives. Moreover, reduced sales along with unpredictable consumer behavior across the insurance sector can challenge the ability to predict investment opportunities.
Strategic Points Covered in Table of Content of Global Personal Accident and Health Insurance Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Personal Accident and Health Insurance market
Chapter 2: Exclusive Summary – the basic information of the Personal Accident and Health Insurance Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Personal Accident and Health Insurance
Chapter 4: Presenting the Personal Accident and Health Insurance Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2015-2020
Chapter 6: Evaluating the leading manufacturers of the Personal Accident and Health Insurance market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2021-2027)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
finally, Personal Accident and Health Insurance Market is a valuable source of guidance for individuals and companies.
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Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Southeast Asia.