Fast Market Research announces the availability of the new TechNavio report, "Global Catastrophe Insurance Market 2016-2020", on their comprehensive research portal

Boston, MA -- (SBWire) -- 11/09/2016 --Catastrophe insurance helps in protecting residences and businesses against natural disasters like hurricanes, floods, earthquakes, and against man-made disasters such as terrorist attacks. Generally, catastrophe insurance has a low probability that involves high-cost events. These high-cost events are excluded from the standard hazard insurance policies. It is difficult to estimate the total potential cost of an insured loss thereby making it difficult for the catastrophe insurance issuers to effectively manage risk. Retrocession and reinsurance are used with catastrophe insurance to manage catastrophe risk.

Technavio's analysts forecast the global catastrophe insurance market to grow at a CAGR of 5.49% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global catastrophe insurance market for 2016-2020. To calculate the market size, the report considers the global loss insured from the catastrophe insurance market in the Americas, Asia-Pacific (APAC), and Europe, the Middle East, and Africa (EMEA).

Get More Details on this Report and a Full Table of Contents at Global Catastrophe Insurance Market 2016-2020

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

-Americas
-APAC
-EMEA

Technavio's report, Global Catastrophe Insurance Market 2016-2020, 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.

Key vendors

-American International Group
-Allianz
-AXA
-Berkshire Hathaway
-Lloyds

Other prominent vendors

-Allstate
-Aviva
-Liberty Mutual
-Zurich Insurance

Market driver

-Regulatory support for public-private cooperation on building resilient infrastructure and better risk governance
-For a full, detailed list, view our report

Market challenge

-Avoidance of overfitted models
-For a full, detailed list, view our report

Market trend

-Leveraging social media channels for better market penetration and for better customer connectivity
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2020 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?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: American International Group, Allianz, AXA, Berkshire Hathaway, Lloyds, Allstate, Aviva, Liberty Mutual, Zurich Insurance

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