How big is the Property And Casualty Insurance market?

The property and casualty insurance market size is estimated to grow at $$ 816.9 mn in 2025-2029. <a href='https://www.technavio.com/report/property-and-casualty-insurance-market-analysis'>Read More</a>

Which segment accounted for the largest Property And Casualty Insurance market share?

Market segmentation by distribution channel (Direct business, Agents, Banks, and Others), product type (Fire insurance, Motor insurance, Marine insurance, Aviation insurance, and Others), and geography (.... <a href='https://www.technavio.com/report/property-and-casualty-insurance-market-analysis'>Read More</a>

Who are the key players in the Property And Casualty Insurance market?

Allianz SE, American International Group Inc., AXA Group, Berkshire Hathaway Inc., Chubb Ltd., CNA Financial Corp., ICICI Bank Ltd., Liberty Mutual Insurance Co., Mitsubishi Corp., .... <a href='https://www.technavio.com/report/property-and-casualty-insurance-market-analysis'>Read More</a>

What are the factors driving the Property And Casualty Insurance market?

The key factors driving the property and casualty insurance market growth are: Increase in uncertain catastrophic events Inorganic growth strategies by .... <a href='https://www.technavio.com/report/property-and-casualty-insurance-market-analysis'>Read More</a>

Property And Casualty Insurance Market Analysis North America, Europe, APAC, South America, Middle East and Africa - US, China, India, Japan, Canada, Germany, South Korea, UK, France, Italy - Size and Forecast 2025-2029

Published: Jan 2025
Pages: 217
SKU: IRTNTR75412

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Property And Casualty Insurance Market Size 2025-2029

The property and casualty insurance market size is forecast to increase by USD 816.9 million at a CAGR of 8.8% between 2024 and 2029.

The Property and Casualty (P&C) insurance market is experiencing significant growth due to several key factors. One trend driving market expansion is the increase in uncertain catastrophic events, leading insurers to seek inorganic growth strategies such as mergers and acquisitions. Another critical factor is the growing concern for data privacy and security, necessitating insurers to invest heavily in advanced technologies and cybersecurity measures. Technology solutions, such as video-capable drones and robotics, are being used for risk assessment and claims adjustment, while core systems and cybersecurity measures are essential for insurer competitiveness and customer engagement. These trends, along with regulatory compliance and customer expectations for personalized offerings, are shaping the future of the P&C insurance industry. Insurers must navigate these challenges while maintaining a customer-centric approach to remain competitive in the market.

What will be the Size of the Property And Casualty Insurance Market During the Forecast Period?

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1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market by Geography
- Executive Summary - Chart on Market Segmentation by Distribution Channel
- Executive Summary - Chart on Market Segmentation by Product Type
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Technavio Analysis

2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

2.2 Criticality of inputs and Factors of differentiation
- Overview on criticality of inputs and factors of differentiation

2.3 Factors of disruption
- Overview on factors of disruption

2.4 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029

3 Market Landscape

3.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market

3.2 Market characteristics
- Market characteristics analysis

3.3 Value chain analysis
- Value chain analysis

4 Market Sizing

4.1 Market definition
- Offerings of companies included in the market definition

4.2 Market segment analysis
- Market segments

4.3 Market size 2024

4.4 Market outlook: Forecast for 2024-2029
- Chart on Global - Market size and forecast 2024-2029 ($ million)
- Data Table on Global - Market size and forecast 2024-2029 ($ million)
- Chart on Global Market: Year-over-year growth 2024-2029 (%)
- Data Table on Global Market: Year-over-year growth 2024-2029 (%)

5 Historic Market Size

5.1 Global Property And Casualty Insurance Market 2019 - 2023
- Historic Market Size - Data Table on Global Property And Casualty Insurance Market 2019 - 2023 ($ million)

5.2 Distribution Channel segment analysis 2019 - 2023
- Historic Market Size - Distribution Channel Segment 2019 - 2023 ($ million)

5.3 Product Type segment analysis 2019 - 2023
- Historic Market Size - Product Type Segment 2019 - 2023 ($ million)

5.4 Geography segment analysis 2019 - 2023
- Historic Market Size - Geography Segment 2019 - 2023 ($ million)

5.5 Country segment analysis 2019 - 2023
- Historic Market Size - Country Segment 2019 - 2023 ($ million)

6 Qualitative Analysis

6.1 The AI impact on global property and casualty insurance market

7 Five Forces Analysis

7.1 Five forces summary
- Five forces analysis - Comparison between 2024 and 2029

7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2024 and 2029

7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2024 and 2029

7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2024 and 2029

7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2024 and 2029

7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2024 and 2029

7.7 Market condition
- Chart on Market condition - Five forces 2024 and 2029

8 Market Segmentation by Distribution Channel

8.1 Market segments
- Chart on Distribution Channel - Market share 2024-2029 (%)
- Data Table on Distribution Channel - Market share 2024-2029 (%)

8.2 Comparison by Distribution Channel
- Chart on Comparison by Distribution Channel
- Data Table on Comparison by Distribution Channel

8.3 Direct business - Market size and forecast 2024-2029
- Chart on Direct business - Market size and forecast 2024-2029 ($ million)
- Data Table on Direct business - Market size and forecast 2024-2029 ($ million)
- Chart on Direct business - Year-over-year growth 2024-2029 (%)
- Data Table on Direct business - Year-over-year growth 2024-2029 (%)

8.4 Agents - Market size and forecast 2024-2029
- Chart on Agents - Market size and forecast 2024-2029 ($ million)
- Data Table on Agents - Market size and forecast 2024-2029 ($ million)
- Chart on Agents - Year-over-year growth 2024-2029 (%)
- Data Table on Agents - Year-over-year growth 2024-2029 (%)

8.5 Banks - Market size and forecast 2024-2029
- Chart on Banks - Market size and forecast 2024-2029 ($ million)
- Data Table on Banks - Market size and forecast 2024-2029 ($ million)
- Chart on Banks - Year-over-year growth 2024-2029 (%)
- Data Table on Banks - Year-over-year growth 2024-2029 (%)

8.6 Others - Market size and forecast 2024-2029
- Chart on Others - Market size and forecast 2024-2029 ($ million)
- Data Table on Others - Market size and forecast 2024-2029 ($ million)
- Chart on Others - Year-over-year growth 2024-2029 (%)
- Data Table on Others - Year-over-year growth 2024-2029 (%)

8.7 Market opportunity by Distribution Channel
- Market opportunity by Distribution Channel ($ million)
- Data Table on Market opportunity by Distribution Channel ($ million)

9 Market Segmentation by Product Type

9.1 Market segments
- Chart on Product Type - Market share 2024-2029 (%)
- Data Table on Product Type - Market share 2024-2029 (%)

9.2 Comparison by Product Type
- Chart on Comparison by Product Type
- Data Table on Comparison by Product Type

9.3 Fire insurance - Market size and forecast 2024-2029
- Chart on Fire insurance - Market size and forecast 2024-2029 ($ million)
- Data Table on Fire insurance - Market size and forecast 2024-2029 ($ million)
- Chart on Fire insurance - Year-over-year growth 2024-2029 (%)
- Data Table on Fire insurance - Year-over-year growth 2024-2029 (%)

9.4 Motor insurance - Market size and forecast 2024-2029
- Chart on Motor insurance - Market size and forecast 2024-2029 ($ million)
- Data Table on Motor insurance - Market size and forecast 2024-2029 ($ million)
- Chart on Motor insurance - Year-over-year growth 2024-2029 (%)
- Data Table on Motor insurance - Year-over-year growth 2024-2029 (%)

9.5 Marine insurance - Market size and forecast 2024-2029
- Chart on Marine insurance - Market size and forecast 2024-2029 ($ million)
- Data Table on Marine insurance - Market size and forecast 2024-2029 ($ million)
- Chart on Marine insurance - Year-over-year growth 2024-2029 (%)
- Data Table on Marine insurance - Year-over-year growth 2024-2029 (%)

9.6 Aviation insurance - Market size and forecast 2024-2029
- Chart on Aviation insurance - Market size and forecast 2024-2029 ($ million)
- Data Table on Aviation insurance - Market size and forecast 2024-2029 ($ million)
- Chart on Aviation insurance - Year-over-year growth 2024-2029 (%)
- Data Table on Aviation insurance - Year-over-year growth 2024-2029 (%)

9.7 Others - Market size and forecast 2024-2029
- Chart on Others - Market size and forecast 2024-2029 ($ million)
- Data Table on Others - Market size and forecast 2024-2029 ($ million)
- Chart on Others - Year-over-year growth 2024-2029 (%)
- Data Table on Others - Year-over-year growth 2024-2029 (%)

9.8 Market opportunity by Product Type
- Market opportunity by Product Type ($ million)
- Data Table on Market opportunity by Product Type ($ million)

10 Customer Landscape

10.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

11 Geographic Landscape

11.1 Geographic segmentation
- Chart on Market share by geography 2024-2029 (%)
- Data Table on Market share by geography 2024-2029 (%)

11.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison

11.3 North America - Market size and forecast 2024-2029
- Chart on North America - Market size and forecast 2024-2029 ($ million)
- Data Table on North America - Market size and forecast 2024-2029 ($ million)
- Chart on North America - Year-over-year growth 2024-2029 (%)
- Data Table on North America - Year-over-year growth 2024-2029 (%)

11.4 Europe - Market size and forecast 2024-2029
- Chart on Europe - Market size and forecast 2024-2029 ($ million)
- Data Table on Europe - Market size and forecast 2024-2029 ($ million)
- Chart on Europe - Year-over-year growth 2024-2029 (%)
- Data Table on Europe - Year-over-year growth 2024-2029 (%)

11.5 APAC - Market size and forecast 2024-2029
- Chart on APAC - Market size and forecast 2024-2029 ($ million)
- Data Table on APAC - Market size and forecast 2024-2029 ($ million)
- Chart on APAC - Year-over-year growth 2024-2029 (%)
- Data Table on APAC - Year-over-year growth 2024-2029 (%)

11.6 South America - Market size and forecast 2024-2029
- Chart on South America - Market size and forecast 2024-2029 ($ million)
- Data Table on South America - Market size and forecast 2024-2029 ($ million)
- Chart on South America - Year-over-year growth 2024-2029 (%)
- Data Table on South America - Year-over-year growth 2024-2029 (%)

11.7 Middle East and Africa - Market size and forecast 2024-2029
- Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)

11.8 US - Market size and forecast 2024-2029
- Chart on US - Market size and forecast 2024-2029 ($ million)
- Data Table on US - Market size and forecast 2024-2029 ($ million)
- Chart on US - Year-over-year growth 2024-2029 (%)
- Data Table on US - Year-over-year growth 2024-2029 (%)

11.9 China - Market size and forecast 2024-2029
- Chart on China - Market size and forecast 2024-2029 ($ million)
- Data Table on China - Market size and forecast 2024-2029 ($ million)
- Chart on China - Year-over-year growth 2024-2029 (%)
- Data Table on China - Year-over-year growth 2024-2029 (%)

11.10 India - Market size and forecast 2024-2029
- Chart on India - Market size and forecast 2024-2029 ($ million)
- Data Table on India - Market size and forecast 2024-2029 ($ million)
- Chart on India - Year-over-year growth 2024-2029 (%)
- Data Table on India - Year-over-year growth 2024-2029 (%)

11.11 Canada - Market size and forecast 2024-2029
- Chart on Canada - Market size and forecast 2024-2029 ($ million)
- Data Table on Canada - Market size and forecast 2024-2029 ($ million)
- Chart on Canada - Year-over-year growth 2024-2029 (%)
- Data Table on Canada - Year-over-year growth 2024-2029 (%)

11.12 Japan - Market size and forecast 2024-2029
- Chart on Japan - Market size and forecast 2024-2029 ($ million)
- Data Table on Japan - Market size and forecast 2024-2029 ($ million)
- Chart on Japan - Year-over-year growth 2024-2029 (%)
- Data Table on Japan - Year-over-year growth 2024-2029 (%)

11.13 Germany - Market size and forecast 2024-2029
- Chart on Germany - Market size and forecast 2024-2029 ($ million)
- Data Table on Germany - Market size and forecast 2024-2029 ($ million)
- Chart on Germany - Year-over-year growth 2024-2029 (%)
- Data Table on Germany - Year-over-year growth 2024-2029 (%)

11.14 South Korea - Market size and forecast 2024-2029
- Chart on South Korea - Market size and forecast 2024-2029 ($ million)
- Data Table on South Korea - Market size and forecast 2024-2029 ($ million)
- Chart on South Korea - Year-over-year growth 2024-2029 (%)
- Data Table on South Korea - Year-over-year growth 2024-2029 (%)

11.15 UK - Market size and forecast 2024-2029
- Chart on UK - Market size and forecast 2024-2029 ($ million)
- Data Table on UK - Market size and forecast 2024-2029 ($ million)
- Chart on UK - Year-over-year growth 2024-2029 (%)
- Data Table on UK - Year-over-year growth 2024-2029 (%)

11.16 France - Market size and forecast 2024-2029
- Chart on France - Market size and forecast 2024-2029 ($ million)
- Data Table on France - Market size and forecast 2024-2029 ($ million)
- Chart on France - Year-over-year growth 2024-2029 (%)
- Data Table on France - Year-over-year growth 2024-2029 (%)

11.17 Italy - Market size and forecast 2024-2029
- Chart on Italy - Market size and forecast 2024-2029 ($ million)
- Data Table on Italy - Market size and forecast 2024-2029 ($ million)
- Chart on Italy - Year-over-year growth 2024-2029 (%)
- Data Table on Italy - Year-over-year growth 2024-2029 (%)

11.18 Market opportunity by geography
- Market opportunity by geography ($ million)
- Data Tables on Market opportunity by geography ($ million)

12 Drivers, Challenges, and Opportunity/Restraints

12.1 Market drivers

12.2 Market challenges

12.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029

12.4 Market opportunities/restraints

13 Competitive Landscape

13.1 Overview

13.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation

13.3 Landscape disruption
- Overview on factors of disruption

13.4 Industry risks
- Impact of key risks on business

14 Competitive Analysis

14.1 Companies profiled
- Companies covered

14.2 Company ranking index
- Company ranking index

14.3 Market positioning of companies
- Matrix on companies position and classification

14.4 Allianz SE
- Allianz SE - Overview
- Allianz SE - Business segments
- Allianz SE - Key news
- Allianz SE - Key offerings
- Allianz SE - Segment focus
- SWOT

14.5 American International Group Inc.
- American International Group Inc. - Overview
- American International Group Inc. - Business segments
- American International Group Inc. - Key news
- American International Group Inc. - Key offerings
- American International Group Inc. - Segment focus
- SWOT

14.6 AXA Group
- AXA Group - Overview
- AXA Group - Business segments
- AXA Group - Key news
- AXA Group - Key offerings
- AXA Group - Segment focus
- SWOT

14.7 Berkshire Hathaway Inc.
- Berkshire Hathaway Inc. - Overview
- Berkshire Hathaway Inc. - Business segments
- Berkshire Hathaway Inc. - Key news
- Berkshire Hathaway Inc. - Key offerings
- Berkshire Hathaway Inc. - Segment focus
- SWOT

14.8 Chubb Ltd.
- Chubb Ltd. - Overview
- Chubb Ltd. - Business segments
- Chubb Ltd. - Key news
- Chubb Ltd. - Key offerings
- Chubb Ltd. - Segment focus
- SWOT

14.9 CNA Financial Corp.
- CNA Financial Corp. - Overview
- CNA Financial Corp. - Business segments
- CNA Financial Corp. - Key offerings
- CNA Financial Corp. - Segment focus
- SWOT

14.10 Liberty Mutual Insurance Co.
- Liberty Mutual Insurance Co. - Overview
- Liberty Mutual Insurance Co. - Business segments
- Liberty Mutual Insurance Co. - Key offerings
- Liberty Mutual Insurance Co. - Segment focus
- SWOT

14.11 Munich Reinsurance Co.
- Munich Reinsurance Co. - Overview
- Munich Reinsurance Co. - Business segments
- Munich Reinsurance Co. - Key news
- Munich Reinsurance Co. - Key offerings
- Munich Reinsurance Co. - Segment focus
- SWOT

14.12 Nationwide Mutual Insurance Co.
- Nationwide Mutual Insurance Co. - Overview
- Nationwide Mutual Insurance Co. - Product / Service
- Nationwide Mutual Insurance Co. - Key offerings
- SWOT

14.13 Sompo Holdings Inc.
- Sompo Holdings Inc. - Overview
- Sompo Holdings Inc. - Business segments
- Sompo Holdings Inc. - Key offerings
- Sompo Holdings Inc. - Segment focus
- SWOT

14.14 State Farm Mutual Automobile Insurance Co.
- State Farm Mutual Automobile Insurance Co. - Overview
- State Farm Mutual Automobile Insurance Co. - Product / Service
- State Farm Mutual Automobile Insurance Co. - Key offerings
- SWOT

14.15 The Allstate Corp.
- The Allstate Corp. - Overview
- The Allstate Corp. - Business segments
- The Allstate Corp. - Key offerings
- The Allstate Corp. - Segment focus
- SWOT

14.16 The Travelers Co. Inc.
- The Travelers Co. Inc. - Overview
- The Travelers Co. Inc. - Business segments
- The Travelers Co. Inc. - Key offerings
- The Travelers Co. Inc. - Segment focus
- SWOT

14.17 Toyota Motor Corp.
- Toyota Motor Corp. - Overview
- Toyota Motor Corp. - Business segments
- Toyota Motor Corp. - Key news
- Toyota Motor Corp. - Key offerings
- Toyota Motor Corp. - Segment focus
- SWOT

14.18 Zurich Insurance Co. Ltd.
- Zurich Insurance Co. Ltd. - Overview
- Zurich Insurance Co. Ltd. - Business segments
- Zurich Insurance Co. Ltd. - Key news
- Zurich Insurance Co. Ltd. - Key offerings
- Zurich Insurance Co. Ltd. - Segment focus
- SWOT

15 Appendix

15.1 Scope of the report

15.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist

15.3 Currency conversion rates for US$
- Currency conversion rates for US$

15.4 Research methodology
- Research methodology

15.5 Data procurement
- Information sources

15.6 Data validation
- Data validation

15.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing

15.8 Data synthesis
- Data synthesis

15.9 360 degree market analysis
- 360 degree market analysis

15.10 List of abbreviations
- List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES