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市場調査レポート
商品コード
1632015
損害保険市場- 世界の産業規模、シェア、動向、機会、予測、セグメント、製品タイプ別、エンドユーザー別、流通チャネル別、地域別、競合、2020年~2030年Property and Casualty Insurance Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Product Type, By End User, By Distribution Channel, By Region & Competition, 2020-2030F |
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カスタマイズ可能
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損害保険市場- 世界の産業規模、シェア、動向、機会、予測、セグメント、製品タイプ別、エンドユーザー別、流通チャネル別、地域別、競合、2020年~2030年 |
出版日: 2025年01月10日
発行: TechSci Research
ページ情報: 英文 185 Pages
納期: 2~3営業日
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世界の損害保険市場は、2024年には41億1,000万米ドルと評価され、予測期間中のCAGRは7.92%で、2030年には64億7,000万米ドルに達すると予測されています。
GDPの上昇に反映されるように経済が成長するにつれて、資産や事業活動が増加し、損害保険、賠償責任保険、事業中断保険などの損害保険商品に対する需要が高まる。経済分析局によると、2023年第2四半期の米国のGDP成長率は年率2.1%でした。このような景気拡大により、より多くの保険が必要とされています。
市場概要 | |
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予測期間 | 2026-2030 |
市場規模:2024年 | 41億1,000万米ドル |
市場規模:2030年 | 64億7,000万米ドル |
CAGR:2025年~2030年 | 7.92% |
急成長セグメント | ビジネス |
最大市場 | 北米 |
保険会社は、リスク評価、引受、クレーム管理を改善するため、AIや機械学習の採用を増やしています。これらのテクノロジーは、より正確なプライシング、効率的なオペレーション、積極的なリスク軽減を可能にします。AIは保険会社が市場の変化や新たなリスクに迅速に適応することを可能にします。保険会社は、従来のFNOL(First Notice of Loss)手法に代わるものとして、ドローンやロボット工学のような先進技術を採用しつつあります。これらのツールは、損害保険の引き受けを改善し、更新時にリスクの変化を特定するのに役立ち、物的損害の遠隔評価を可能にします。例えば、ファーマーズ・インシュアランスはボストン・ダイナミクスと共同で、360度カメラと現場記録ソフトウェアを搭載したロボット犬「スポット」を開発しました。この技術革新により、従業員の安全を危険にさらすことなく、効率的なデータ収集が可能になった。
自然災害の頻度増加
都市化とインフラ開発
リスク管理に対する意識の高まり
競合と価格圧力
自然災害の頻度と深刻さの増加
デジタルトランスフォーメーションとインシュアテック・イノベーション
保険のカスタマイズと個別化
The global Property and Casualty Insurance Market was valued at USD 4.11 Billion in 2024 and is expected to reach USD 6.47 Billion by 2030 with a CAGR of 7.92% during the forecast period. As the economy grows, reflected by rising GDP, there is an increase in assets and business activity, which drives demand for property and casualty (P&C) insurance products, such as property, liability, and business interruption coverage. In the second quarter of 2023, the U.S. GDP grew at an annual rate of 2.1%, according to the Bureau of Economic Analysis. This economic expansion creates a need for more insurance protection.
Market Overview | |
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Forecast Period | 2026-2030 |
Market Size 2024 | USD 4.11 Billion |
Market Size 2030 | USD 6.47 Billion |
CAGR 2025-2030 | 7.92% |
Fastest Growing Segment | Businesses |
Largest Market | North America |
Insurers are increasingly adopting AI and machine learning to improve risk assessment, underwriting, and claims management. These technologies allow for more accurate pricing, efficient operations, and proactive risk mitigation. AI enables insurers to swiftly adapt to market changes and emerging risks. Insurers are adopting advanced technologies like drones and robotics to replace traditional First Notice of Loss (FNOL) methods. These tools improve property and casualty underwriting, help identify risk changes during renewals and enable the assessment of property damage remotely. For instance, Farmers Insurance collaborated with Boston Dynamics to create Spot, a robotic dog with 360-degree cameras and site documentation software, designed for inspecting areas that are inaccessible to humans. This innovation allows for efficient data collection without risking employee safety.
Market Drivers
Increasing Frequency of Natural Disasters
The rising frequency and severity of natural disasters, such as hurricanes, floods, wildfires, and earthquakes, are a key driver for the Property and Casualty (P&C) Insurance Market. Climate change has contributed to the escalation of extreme weather events, causing substantial damage to properties and infrastructure. As a result, homeowners, businesses, and governments are increasingly seeking comprehensive insurance coverage to protect their assets from these unpredictable events. Property insurance covers damages to physical structures, while casualty insurance offers liability protection for injuries or accidents on the property. This increased risk of property damage from natural catastrophes leads to a surge in demand for P&C insurance. Additionally, insurers are offering more specialized products, such as flood insurance, to address emerging risks. As environmental risks grow, the need for robust insurance policies will continue to drive market growth.
Urbanization and Infrastructure Development
Urbanization is another major driver of the Property and Casualty Insurance Market. As populations continue to grow in urban areas, new construction projects, including residential, commercial, and industrial buildings, increase the demand for property insurance. Rising infrastructure development, particularly in emerging markets, is contributing to the expansion of the market, as more structures need coverage against potential damage, theft, or accidents. Urban areas are more vulnerable to specific types of risks, such as property damage from fire, theft, or vandalism, as well as liability risks from accidents or injuries that could occur within the vicinity of commercial or residential properties. As per UNCTAD, 57% of the global population resides in urban areas, and the world's population is expected to grow by 1.6 billion in the next 25 years. With urban environments facing risks like traffic congestion, property theft, and natural disasters, there is a growing need for comprehensive P&C insurance. This urbanization drives market expansion, prompting insurers to adapt to the changing risk landscape in cities.
Growing Awareness of Risk Management
The growing awareness of risk management is another key driver propelling the growth of the Property and Casualty Insurance Market. As individuals, businesses, and governments become more educated about the financial risks associated with property damage, liability, and business interruptions, the demand for comprehensive insurance coverage is on the rise. With the increasing complexity of risks in modern society, people and companies are more likely to seek policies that provide adequate protection against both expected and unexpected events. For businesses, effective risk management practices often require a combination of property insurance, liability coverage, and employee protection plans. Companies in industries such as manufacturing, retail, and transportation are particularly inclined to invest in commercial property and casualty insurance to safeguard their assets, prevent disruptions, and minimize financial losses from potential lawsuits or accidents.
Key Market Challenges
Competition and Price Pressure
The increasing competition in the P&C insurance market presents another major challenge. With numerous insurers vying for market share, companies are often pressured to reduce premiums to attract customers, which can impact profitability. Insurers are focusing on offering competitive pricing to retain existing customers and attract new ones, but this strategy may lead to reduced margins, especially when claims frequency rises due to natural disasters or economic factors. Additionally, the rise of digital platforms and insurtech companies is intensifying competition, forcing traditional insurers to adapt quickly to new technologies and customer demands while managing cost-effectiveness. The price pressure, combined with increasing operational costs and the need for innovation, creates challenges for insurers to maintain profitability.
Rising Frequency and Severity of Natural Disasters
One of the major challenges facing the Property and Casualty (P&C) Insurance Market is the increasing frequency and severity of natural disasters, such as floods, wildfires, and hurricanes. While these events drive demand for insurance, they also create substantial financial risks for insurers. The higher frequency and intensity of disasters lead to larger and more frequent claims, impacting the profitability of insurance companies. Insurers must adjust their underwriting models to account for changing environmental risks, which can result in higher premiums for consumers. Additionally, the unpredictability of climate-related disasters makes it difficult for insurers to accurately forecast and price policies. This volatility can strain the financial stability of insurance companies and lead to an increase in policyholder costs, making insurance less affordable for some consumers and businesses.
Key Market Trends
Digital Transformation and Insurtech Innovation
A major trend in the Property and Casualty (P&C) Insurance Market is the ongoing digital transformation driven by insurtech innovation. The rise of technology is reshaping the insurance industry by enabling faster, more efficient processes. Insurtech companies are leveraging technologies such as artificial intelligence (AI), machine learning, and big data to improve underwriting, pricing, and claims management. These technologies allow insurers to analyze vast amounts of data, identify risk patterns more accurately, and offer personalized insurance products at competitive prices. Additionally, digital platforms enable consumers to easily compare and purchase insurance policies online, making the process more convenient and transparent. The integration of mobile apps and chatbots enhances customer experience by providing real-time support and streamlining claims submissions. This digital shift is improving operational efficiency and increasing the market's accessibility, especially among younger, tech-savvy consumers.
Customization and Personalized Coverage
The demand for more customized and personalized coverage is rapidly growing in the Property and Casualty insurance market. Traditional, one-size-fits-all policies are being replaced by tailored solutions that cater to the specific needs of individual consumers and businesses. Insurers are utilizing data analytics and advanced technologies to design personalized policies based on the unique risk profiles of their clients. For instance, home insurance policies can be adjusted based on the specific risks of a property, such as location, construction type, and history of claims. Similarly, businesses can access specialized coverage for niche sectors, such as cyber insurance for tech companies or liability insurance for healthcare providers. This trend is also evident in the rise of usage-based or pay-per-mile auto insurance, where premiums are based on actual driving behavior rather than traditional estimates. Personalized coverage offers consumers greater flexibility and ensures they only pay for what they need, enhancing customer satisfaction and fostering loyalty. As technology continues to evolve, the demand for highly customized insurance products will drive further innovation in the market.
Segmental Insights
Product Type Insights
Homeowners insurance is the leading product type in the Property and Casualty (P&C) Insurance Market. It dominates due to its essential role in protecting homeowners against various risks, including damage to property from natural disasters, fire, theft, and liability for injuries that occur on the premises. As homeownership continues to rise globally, particularly in developed markets, the demand for homeowners insurance has correspondingly increased. Homeowners seek financial security to safeguard their properties and investments, driving insurers to offer comprehensive policies tailored to diverse needs. Additionally, the increasing frequency of natural disasters and extreme weather events, such as hurricanes and wildfires, has heightened awareness of the importance of homeowners insurance. This trend has further fueled demand, as individuals and families look for coverage to protect their homes and possessions. As a result, homeowners insurance remains a cornerstone of the P&C insurance market, generating significant growth and stability within the industry.
Regional Insights
North America leads the global Property and Casualty (P&C) Insurance Market, driven by a large, mature insurance industry and a high level of consumer awareness regarding risk management. The United States, in particular, is the dominant player, with its robust infrastructure, widespread homeownership, and diverse business landscape fueling demand for various P&C insurance products, including homeowners, auto, and commercial property insurance. The region's market leadership is also attributed to regulatory frameworks that encourage the growth of the P&C insurance sector, along with the increasing frequency of natural disasters such as hurricanes, wildfires, and floods, which drive the need for comprehensive coverage. Additionally, North America is a hub for insurance innovation, with many insurtech companies and digital platforms emerging to enhance customer experience and streamline insurance processes. As a result, North America continues to hold the largest market share in the global P&C insurance industry, with ongoing growth prospects driven by evolving risk landscapes.
In this report, the global Property and Casualty Insurance Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Company Profiles: Detailed analysis of the major companies presents in the global Property and Casualty Insurance Market.
Global Property and Casualty Insurance Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report: