Marine, Aviation and Transit Insurance Market Size and Trends Analysis by Region, Business Lines, Top Markets, Regulatory Overview and Competitive Landscape, 2021-2026
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Marine Aviation and Transit Insurance Market Overview
The written premium of the MAT insurance market was $83.7 billion in 2021 and is expected to achieve a CAGR of more than 3% during 2021-2026. The industry is likely to witness a sluggish growth due to soaring inflation and recession fears from the ongoing war in Ukraine, and global disruption in the supply chain caused by China’s strict zero-COVID-19 policy. The MAT insurance market research report provides in-depth market analysis, information, insights, and a detailed outlook by product category for the MAT insurance segment. It also provides values for key performance indicators such as gross written premium, penetration, and premium ceded and cession rates during the review period and forecast period.
The report analyzes distribution channels operating in the segment, gives a comprehensive overview of the economy and demographics, and provides detailed information on the competitive landscape in the main markets. The report also gives insurers access to information on segment dynamics and competitive advantages, and profiles of insurers operating in the market. The report includes details of insurance regulations and recent changes in the regulatory structure.
MAT Insurance Market Outlook, 2021 ($ Billion)
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MAT Insurance Market Trends
Advanced marine analytics solutions, deployment of drones, implementation of green supply chain management (GSCM) and electric vehicles, increasing risks due to rising geo-political tensions, and growing climate change and renewable energy developments are some of the trends impacting the MAT insurance market.
MAT Insurance Market Segmentation by Lines of Business
The key lines of business in the MAT insurance industry are aviation, marine, and transit. Among the MAT insurance lines, transit held the largest share in 2021. Revival in international and domestic travel, coupled with strong growth in e-commerce and compulsory transit insurance in several markets, supported its growth.
MAT Insurance Industry Analysis, by Lines of Business, 2021 (%)
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MAT Insurance Market Segmentation by Regions
The key regions in the MAT insurance industry are North America, Europe, APAC, MEA, and South and Central America. North America held the largest share of the MAT insurance business in 2021, followed by Europe and Asia-Pacific. The US was the largest MAT insurance market in the region in 2021 and is expected to continue its dominance during the forecast period.
MAT Insurance Industry Analysis, by Regions, 2021 (%)
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MAT Insurance Market - Competitive Landscape
Some of the leading MAT insurance companies are Liberty Mutual Holding Company Inc., CNA Financial Corp, AIG, Chubb Ltd, Allianz SE, Tokio Marine Holdings, Inc, Zurich Insurance Group AG, Nationwide Mutual Insurance Company, Assurant Inc., and The Travelers Companies, Inc. Liberty Mutual Holding Company Inc has the highest market share in 2021 in the MAT insurance market.
MAT Insurance Industry Analysis, by Companies, 2021 (%)
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MAT Insurance Market Report Overview
|Market Size (2021)||$83.7 billion|
|Key Lines of Business||Aviation, Marine, and Transit|
|Key Regions||North America, Europe, APAC, MEA, and South and Central America|
|Leading Companies||Liberty Mutual Holding Company Inc., CNA Financial Corp, AIG, Chubb Ltd, Allianz SE, Tokio Marine Holdings, Inc, Zurich Insurance Group AG, Nationwide Mutual Insurance Company, Assurant Inc., and The Travelers Companies, Inc|
MAT Insurance Market LoB Outlook ( Value, $ Billion, 2021-2026)
MAT Insurance Market Regional Outlook ( Value, $ Billion, 2021-2026)
- North America
- South and Central America
This report provides a comprehensive analysis of the global marine, aviation, and transit insurance industry –
- It provides historical values for the global and regional marine, aviation, and transit insurance industry for the report’s review period, and projected figures for the forecast period.
- It offers a detailed analysis of the regional marine, aviation, and transit insurance industry and market forecasts to 2026.
- It provides key market trends in the global marine, aviation, and transit insurance industry.
- It provides rankings, premiums, and market share of top global and regional marine, aviation, and transit insurers and analyzes the competitive landscape.
Reasons to Buy
- Make strategic business decisions using in-depth historic and forecast market data related to the global and regional marine, aviation, and transit insurance industry.
- In-depth market analysis, information, and insights into the global marine, aviation, and transit insurance industry.
- In-depth analysis of the competitive landscape and top 20 regional markets.
- Understand the key dynamics, trends, and growth opportunities in the global and regional marine, aviation, and transit insurance industry.
- Identify key regulatory developments impacting the market growth.
- Identify growth opportunities in key regional markets.
Tokio Marine Holdings
Nationwide Mutual Insurance
The Travelers Companies
Factory Mutual Global
The People's Insurance Company (PICC)
Table of Contents
- 1. Executive Summary
- 2. Key Market Trends
- 3. Global Overview
- 3.1. Market Size
- 3.2. Key Lines by Business
- 3.3. Top Markets
- 3.4. Regulatory Trends
- 4. Competitive Landscape
- 4.1. Market Competition Overview
- 4.2. Company Profiles
- 5. Regional Overview
- 5.1. Asia-Pacific
- 5.2. Europe
- 5.3. Middle East and Africa
- 5.4. North America
- 5.5. South and Central America
- 6. Market Outlook
- 7. Key Statistics
- 8. Appendix
Frequently asked questions
What was the MAT insurance market written premium in 2021?
The written premium of the MAT insurance market was $83.7 billion in 2021.
What is the MAT insurance market growth rate?
The MAT insurance market in is expected to achieve a CAGR of more than 3% during 2021-2026.
What are the key lines of business in the MAT insurance market?
The key lines of business in the MAT insurance industry are aviation, marine, and transit.
What are the key regions in the MAT insurance market?
The key regions in the MAT insurance industry are North America, Europe, APAC, MEA, and South and Central America.
What are the leading companies in the MAT insurance industry?
Some of the leading insurance companies in the MAT insurance industry are Liberty Mutual Holding Company Inc., CNA Financial Corp, AIG, Chubb Ltd, Allianz SE, Tokio Marine Holdings, Inc, Zurich Insurance Group AG, Nationwide Mutual Insurance Company, Assurant Inc., and The Travelers Companies, Inc.
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