Accidental Death Insurance Market Scope And Analysis

  • Report Code : TIPRE00039073
  • Category : Banking, Financial Services, and Insurance
  • No. of Pages : 150
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Accidental Death Insurance Market Scope and Analysis by 2031

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Accidental Death Insurance Market Report Scope

Report Attribute Details
Market size in 2023 US$ 71.34 Billion
Market Size by 2031 US$ 111.56 Billion
Global CAGR (2023 - 2031) 5.7%
Historical Data 2021-2023
Forecast period 2023-2031
Segments Covered By Distribution Channel
  • Direct Marketing
  • Bancassurance
  • Agencies
  • E-commerce
  • Brokers
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Allianz SE
  • Assicurazioni Generali SpA
  • China Life Insurance Company Limited
  • MetLife Inc
  • Ping An Insurance Company of China Ltd
  • AXA SA
  • Sumitomo Life Insurance Company
  • Aegon Life Insurance Company Limited
  • Dai ichi Life Insurance Company Limited
  • The "Accidental Death Insurance Market Analysis" was carried out based on type, application, distribution channel, and geography. In terms of type, the market is segmented into personal injury claims, road traffic accidents, workplace accidents, and general-purpose reloadable cards. In terms of application, the market is segmented into enterprise and personal. By distribution channel, the market is distributed into direct marketing, bancassurance, agencies, e-commerce, and brokers. Based on geography, the market is segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South America.

    Accidental Death Insurance

    Market News and Recent Developments

    Companies adopt inorganic and organic strategies such as mergers and acquisitions in the accidental death insurance market. A few recent key market developments are listed below:

     

    • In January 2024, MSIG Insurance introduced a new comprehensive personal accident plan, PA Recovery Plus, crafted to safeguard individuals at numerous life stages. In the event of permanent disability or accidental death, PA RecoveryPlus ensures financial security through payouts. The coverage extends to vital benefits, including daily hospital income and reimbursement for medical expenses, as well as alternative treatments.

    (Source: MSIG Insurance, Company Website)

    Accidental Death Insurance

    Market Report Coverage & Deliverables

    The market report "Accidental Death Insurance Market Size and Forecast (2021–2031)" provides a detailed analysis of the market covering below areas-

    • Market size & forecast at global, regional, and country levels for all the key market segments covered under the scope.
    • Market dynamics such as drivers, restraints, and key opportunities.
    • Key future trends.
    • Detailed PEST & SWOT analysis
    • Global and regional market analysis covering key market trends, key players, regulations, and recent market developments.
    • Industry landscape and competition analysis covering market concentration, heat map analysis, key players, and recent developments.
    • Detailed company profiles.