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Major giants ICICI Lombard, HDFC ERGO, ETA Services Ltd, Bajaj Allianz – InsuranceNewsNet

By on June 23, 2022 0

New JerseyNJ–(SBWIRE)– 06/23/2022 — The Global Two-Wheeled Insurance Market report assesses relevant developments for the insurance industry and identifies key risks and vulnerabilities facing the global Two-Wheeled Insurance industry to sensitize parties current and future scenarios. To derive a comprehensive valuation and market estimates, a wide list of insurers, aggregators and agencies have been considered in the coverage; Some of the best profiled players are ETA Services S.A., Evans Insurance Brokers Ltd, HDFC ERGO General Insurance Company Limited, National Insurance Company Limited, Bajaj Allianz General InsuranceUniversal Sompo General Insurance Co.Ltd, Liberty General Insurance Limited, ICICI Lombard GIC Ltd & Progressive Casualty Insurance Company.

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Globally, the insurance industry has seen strong premium growth in 2020, on a percentage basis, while growth in 2021 is noticeably slower, on a percentage basis. Total Premiums (GWP) are expected to reach … by 2027. Global two-wheeler insurance companies seeking growth opportunities in global insurance markets can explore both the markets to the fastest growing and largest developed markets; slowing growth rates suggest; however, most carriers would also need to look further. “Growth during this period will be fueled by emerging markets in APAC and Latin America”

The report describes the total market of World Motorbike Insurance industry; Other market is broken down by application [Online & Offline]type [, Two Wheeler Insurance markets by type, Third Party Insurance, Comprehensive Insurance & Distributor] and country.

Geographically, the global version of the report covers the following regions and countries:
North America [United States, Canada and Mexico]
Europe [Germany, the UK, France, Italy, Netherlands, Belgium, Russia, Spain, Sweden, and Rest of Europe]
Asia Pacific [China, Japan, South Korea, India, Australia, Southeast Asia and Others]
South America [Brazil, Argentina, Chile and Rest of South America]
Middle East and Africa (South Africa, Turkey, IsraelGCC countries and rest of Africa)

Browse Executive Summary & Full TOC @ https://www.htfmarketreport.com/reports/3485965-worldwide-two-wheeler-insurance-market

Research approach and hypotheses:

– HTF MI describes the main trends of the global two-wheeler insurance market using the final data for 2019 and previous years, as well as quarterly or annual reports for 2020. In general, the years considered in the study, i.e. base year 2021, historical data considered as 2016 -2020 and forecast period is 2022-2027.

– Various analytical tools were used to assess how the insurance sector and in particular the global two-wheeler insurance industry might respond over the next decade to global macroeconomic changes. Our “consensus scenario” assumes a recovery in global GDP growth in the coming years on top of fluctuating interest rates; the results presented in the Worldwide Two Wheeler Insurance Market report reflect the results of this model.

– When calculating the growth of the global two-wheeler insurance market, we have generally used nominal gross premium figures based on fixed 2021 exchange rates, as this data has allowed us to compare local growth rates without the interference of currency fluctuations. The exceptions, which use floating exchange rates, are Argentina, Ukraineand Venezuelamany African countries, etc. due to high inflation rates.

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Thank you for reading the Worldwide Two Wheeler Insurance Industry research publication; you can also get individual chapter wise section or region wise report version like UNITED STATES, China, South East AsiaLATAM, APAC etc

About the Author:
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