Industry Background:
Accidental Death and Dismemberment Insurance pays beneficiaries a set amount of money if death or dismemberment is the direct result of an accident. It is a limited form of insurance that covers only accidents. Still, there are coverage limits that make accidental death and dismemberment insurance far less useful. An accidental death policy or rider is a similar policy. Rising awareness about the benefits of insurance is propelling the growth of accidental death and dismemberment insurance market in the forecast period.This growth is primarily driven by Increases in the number of work-related deaths
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Attributes | Details |
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Study Period | 2020-2032 |
Base Year | 2024 |
Forecast Period | 2025-2032 |
Volume Unit | N |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Life & Health Insurance sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as AXA (France), Allianz (Germany), Assicurazioni Generali S.p.A. (Italy), MetLife, Inc. (United States), Gerber Life Insurance Company (United States), Sumitomo Life Insurance Company (Japan), American International Group, Inc. (United States), Aegon N.V. (Netherlands), The Dai-ichi Life Insurance Company (Japan) and Aviva plc (United Kingdom), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On Aug 23, 2019 Allianz to acquire automobile and other Property-Casualty operations from SulAmérica and become one of the top 3 insurers in Property-Casualty insurance in Brazil.
Influencing Trend:
Increasing Purchasing Group Plans From Various Industry
Market Growth Drivers:
Increases in the number of work-related deaths and Raising Awareness about the Benefits of Accidental Death and Dismemberment Insurance Policies
Restraints:
Stringent Government Norms
Opportunities:
Addition of more Benefits
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Accidental Death and Dismemberment Insurance Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Accidental Death and Dismemberment Insurance Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols:
By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Accidental Death and Dismemberment Insurance players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Accidental Death and Dismemberment Insurance Study Sheds Light on
The Accidental Death and Dismemberment Insurance Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Accidental Death and Dismemberment Insurance industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Accidental Death and Dismemberment Insurance industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.