Global marine insurance market size, share to expand at 4% CAGR though 2027

Based on type, worldwide marine insurance market is divided into marine liability insurance, hull insurance, onshore energy insurance, and cargo insurance. Speaking of application spectrum, the industry is bifurcated into underwater AUV, underwater leisure, on-water commercial & high end leisure, and small recreational boats.

Citing the regional landscape, worldwide marine insurance industry sphere is segmented into North America, Latin America, Asia Pacific, Europe, and Rest of the World. The report claims that Europe currently holds significant market share as it surrounded by waterbodies and encourages marine trades.

Meanwhile, Asia Pacific marine insurance industry is expected to register a decent growth rate through 2027, on account of rising cognizance of marine trade, enhancing marine infrastructure, and technological developments.

Major contenders impacting global marine insurance market trends are RSA Insurance Group plc, Ed Broking LLP, QBE Insurance Group Limited, Central Union of Marine Underwriters (CEFOR), Beazley Group, American International Group Inc., Swiss Re Corporate Solutions Ltd., Marsh & McLennan Companies Inc., Concirrus Ltd., and Lloyd’s of London.


About Us

Market Study Report, LLC. is a hub for market intelligence products and services.

We streamline the purchase of your market research reports and services through a single integrated platform by bringing all the major publishers and their services at one place.

Our customers partner with Market Study Report, LLC. to ease their search and evaluation of market intelligence products and services and in turn focus on their company’s core activities.

If you are looking for research reports on global or regional markets, competitive information, emerging markets and trends or just looking to stay on top of the curve then Market Study Report, LLC. is the platform that can help you in achieving any of these objectives.

1 2 3 4