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Bright Future of Logistics Insurance Market Forecast to 2021

Press Release   •   Aug 01, 2017 01:44 EDT

The analysts forecast Global Logistics Insurance Market to grow at a CAGR of 2.35% during the period 2017-2021. Insurance is a promise of compensation in case of damage/injury/loss in exchange for a premium. It is a form of risk management. Insurance services include various forms of compensation benefits such as protection of property and vehicles against damage or loss, reimbursement of the cost associated with healthcare, and compensation for accidental death to pre-decided beneficiaries. Logistics insurance offers insurance against the damage or loss to business because of interruption in the logistics chain.

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Covered in this report

This report covers the present scenario and the growth prospects of the global logistics insurance market for 2017-2021. To calculate the market size, the report considers the revenue generated by different vendors through sales of various insurance products that are segmented based on types. The types of insurance are marine insurance, inland insurance, and aviation insurance.

The market is divided into the following segments based on geography:

Americas

APAC

EMEA

The report, Global Logistics Insurance Market 2017-2021, 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.

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Key vendors

AGCS

AIG

Aon

AXA

Integrity Transportation Insurance Agency

Liberty Mutual Insurance

Marsh

Other prominent vendors

Arthur J. Gallagher

Atrium

Beazley

Chubb

Gard

Mitsui Sumitomo Insurance

Munich Re

Peoples Insurance Agency

Samsung Fire & Marine Insurance

Sompo Japan Nipponkoa Insurance

Swiss Re Group

Thomas Miller

Tokio Marine Holdings

XL Group

Zurich Insurance Group

Market driver

Increase in number of cargo thefts

For a full, detailed list, view our report

Market challenge

Hard insurance market characteristics

For a full, detailed list, view our report

Market trend

Increasing popularity of tracking cargos among shippers

For a full, detailed list, view our report

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