Tuesday, October 6, 2020

Insurance (Providers, Brokers and Re-Insurers) Market Forecast to 2030 | Covid 19 Impact and Recovery

 


The Business Research Company’s latest report Insurance (Providers, Brokers and Re-Insurers) Global Market Report 2020 covers Insurance (Providers, Brokers and Re-Insurers) market drivers, Insurance (Providers, Brokers and Re-Insurers) market trends, Insurance (Providers, Brokers and Re-Insurers) market segments, Insurance (Providers, Brokers and Re-Insurers) market growth rate, Insurance (Providers, Brokers and Re-Insurers) market major players, and Insurance (Providers, Brokers and Re-Insurers) market size. The report provides in-depth analysis of the impact of COVID-19 on the Insurance (Providers, Brokers and Re-Insurers) industry, along with revised market numbers due to the effects of the coronavirus.
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https://www.thebusinessresearchcompany.com/report/insurance-providers-brokers-and-reinsurers-global-market-report-2020-30-covid-19-impact-and-recovery

Insurance (Providers, Brokers and Re-Insurers) Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.

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The global insurance(providers, brokers and re-insurers) market is expected to decline from $5939.5 billion in 2019 to $5807.3 billion in 2020 at a compound annual growth rate (CAGR) of -2.3%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 6% from 2021 and reach $6840.7 billion in 2023.

 

The global insurance providers, brokers, and reinsurers market is segmented by type into insurance providers, insurance brokers & agents, reinsurance providers, by mode into online, offline, by end user into corporate, individual. Subsegments covered are life insurance providers, property & casualty insurance providers, health & medical insurance providers, insurance agencies, insurance brokers, bancassurance, other intermediaries, property & casualty reinsurance providers, life & health reinsurance providers.

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