Over the past few year, factors such as Development of New Offers and Schemes by Insurance Companies
have contributed to the development of the Global Accident Insurance market.
Undoubtedly, Rise in Number of Accidents around the Globe
is the most promising market promoter, bringing direct and indirect economic benefits to the market sizing. The Global Accident Insurance market is expected to make a significant contribution
AMA research has engaged in the competitive assessment of China & Global Accident Insurance Players for 5 years. The Top 10 Competitive Players in the Accident Insurance in 2019 clearly displays the competitive situations of main Accident Insurance Playersin 2019. The research shows that companies in top 10 list are divided up by dominating countries, namely, United States occupying half of the list showcasing strong market competitive advantage.
With the multiple advantages of technology, cost and service, many major Players such as Allianz Se (Germany), AXA (Singapore), Nippon Life Insurance (United States), American Intl. Group (United States), Aviva (United Kingdom), Assicurazioni Generali (Italy), Cardinal Health (United States), State Farm Insurance (United States), Dai-ichi Mutual Life Insurance (Japan), Munich Re Group (Germany), Zurich Financial Services (Switzerland), Prudential Financials (United States), Asahi Mutual Life Insurance (Japan), Sumitomo Life Insurance (Japan), MetLife (United States), Allstate (United States) and Aegon (Netherlands) developed rapidly. They kept leading domestic market and on the other way actively developing international market and seizing market share, becoming the backbone of Global Accident Insurance industry.
According to WHI, Every year the lives of approximately 1.35 million people are cut short as a result of a road traffic crash. Between 20 and 50 million more people suffer non-fatal injuries, with many incurring a disability as a result of their injury. The 2030 Agenda for Sustainable Development has set an ambitious target of halving the global number of deaths and injuries from road traffic crashes by 2020.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Accident Insurance market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.
Data Triangulation The overall Accident Insurance market size is calculated using market estimation process, the Accident Insurance market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Accident Insurance market size has been validated using both top-down and bottom-up approaches.