Albany, NY, May 16, 2016 (GLOBE NEWSWIRE) -- A property insurance policy covers any loss or damage to personal or commercial property. It also insures against loss or damage to the contents that are kept on the property and are under the control of the customers. However, if the property is given on rent or lease, the owner is expected to take appropriate insurance by the terms of the lease or contract. The more kind of loss the policy covers, the higher the premium.
The global property insurance market to grow at a CAGR of 5.6% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global property insurance market for 2016-2020. To calculate the market size, the report considers two types of property insurance premium: personal and commercial.
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The market is divided into the following segments based on geography:
Technavio's report, Global Property Insurance Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
- Allstate Insurance
- American International Group (AIG)
- Berkshire Hathaway Homestate
- Liberty Mutual
View TOC (table of content), Figures and Tables of the Report:http://www.researchmoz.us/global-property-insurance-market-2016-2020-report.html
Key questions answered in this report:-
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
UK Private and Commercial Landlord Insurance 2016
UK Private and Commercial Landlord Insurance 2016 explores the buy-to-let and commercial property sectors, and the factors affecting those with investments in these markets. The report discusses how insurers will fare following the introduction of new regulations and the tightening of rules, which is set to impact landlords and in turn their need for insurance cover. New regulation is highlighted, as well as key issues insures will need to consider and address over the next few years.
Innovations in the Insurance Market - US - April 2016
After years of offering little innovation, the insurance industry is rapidly integrating technology into its interactions with consumers. Mobile apps that make it easier to get information and conduct transactions, trackers that provide feedback so people can change their behavior, and devices that keep homes safer and more environmentally friendly are customer-centric innovations that are changing consumer expectations of both the industry in general and their individual carriers.
Insurance for HNWIs - Current State and Future Prospects
Growth in the number of HNWIs and a consistent rise in their wealth are creating new opportunities for insurers globally. The global HNWI population increased by 2.8%, from 17.3 million in 2013 to 17.8 million in 2014, and is expected to reach 19.8 million in 2018.
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