Astute Analytica recently published a new research report titled Global ASEAN Automotive Insurance Market. This includes in-depth information on new trends, market factors, business prospects, and obstacles that could alter the market dynamics of the sector. It offers a thorough overview of the market segments, including information on goods, applications, and competitors.
The ASEAN Automotive Insurance Market is forecast to see a rise in market size to more than US$ 17,165 Million by 2027, registering a CAGR of 5.6% over the 6 years forecast term. ASEAN automotive insurance market is analyzed for the period 2017 to 2027, wherein 2017-2020 is the historic data, 2021 is considered as the base year and 2022-2027 are forecast values.
With strategic analysis, micro and macro market trends and scenarios, price analysis, and a comprehensive description of the market conditions in the forecast period, the global ASEAN Automotive Insurance Market research report keeps a close eye on the major competitors.
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The report’s key and secondary drivers, market share, top segments, and regional analysis are all highlighted in this expertly written-and comprehensive document. The paper also examines prominent actors, significant partnerships, mergers, and acquisitions, as well as popular innovations and business practices.
Leading Companies
The competition landscape section of the report covers descriptive profiles of 12 prominent players and readers can request for revising the list or including additional players, as per their research requirements. Details covered for these players include – Business description, company financials, and claims, key details, strategy outlook, list of products, recent developments.
The players profiled in the report include the following – AVIVA Ltd., Berkshire Hathaway Inc., China Pacific Insurance Co., Chubb Group, People’s Insurance Company of China, Ping An Insurance (Group) Company of China, Ltd., State Farm Mutual Automobile Insurance’ Tokio Marine Group, Admiral Group Plc, AIG (American International Group, Inc.), Allianz, and Allstate Insurance Company.
The development work being done in the market sector for ASEAN Automotive Insurance Market, the remaining suppliers and dealers, regional import and export surveys, and regional import and export surveys are all covered in this area. The remaining data was gathered through surveys, public announcements, news articles, premium white newspapers, and interviews with all Cleeve officials.
Segmentation Overview
By Risk Coverage
- Collision Coverage
- Comprehensive Coverage
- Liability Coverage
- Personal Injury Coverage
- Uninsured Motorist Coverage
- Add-ons
- Road-side assistance
- Engine replacement
- Nil Depreciation
By Coverage Term
- One year
- 3 Years
- 5 Years
- More than 5 years
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By Distribution Channel
- Agency
- Bank
- Brokers and Insurance Marketplaces
- Direct
- Others
By Vehicle Type
- ICE Vehicles
- Petrol
- Diesel
- Other
- Electric Vehicles
- Hybrid
By Vehicle Application
- Personal
- 2 Wheelers
- 4 Wheelers
- Commercial
- Passenger
- Heavy Vehicles
- Off-road Vehicles
By Vehicle Ownership
- New Vehicles
- Used Vehicles
By End-user
- Individuals
- Businesses
- Enterprise
- Logistics
- Retail
- Education
- Energy & Mining
- Construction
- Others
By Region
- Indonesia
- Malaysia
- Philippines
- Singapore
- Thailand
- Vietnam
- Rest of ASEAN
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