Flood Insurance Market

Flood insurance denotes the specific insurance coverage against property loss from flooding. To determine risk factors for specific properties, insurers will often refer to topographical maps that denote lowlands, floodplains and floodways that are susceptible to flooding.
Flood Insurance Market aims to provide a comprehensive presentation of the global market for Flood Insurance, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Flood Insurance. Flood Insurance Market contains market size and forecasts of Flood Insurance in global, including the following market information:
Global Flood Insurance Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Flood Insurance market was valued at US$ 12650 million in 2022 and is projected to reach US$ 34080 million by 2029, at a CAGR of 15.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
USA is the largest Flood Insurance market with about 63% market share. Europe is follower, accounting for about 17% market share.
The key players are Allianz, Zurich, Allstate, Tokio Marine, Assurant, Chubb, PICC, Sompo Japan Nipponkoa, CPIC, PingAn, Sunshine, Berkshire Hathaway, Suncorp, Progressive, American Strategic etc. Top 3 companies occupied about 22% market share.
We surveyed the Flood Insurance companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Flood Insurance Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Flood Insurance Market Segment Percentages, by Type, 2022 (%)
Life Insurance
Non-Life Insurance
Global Flood Insurance Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Flood Insurance Market Segment Percentages, by Application, 2022 (%)
Commercial
Residential
Others
Global Flood Insurance Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Flood Insurance Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Flood Insurance revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Flood Insurance revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Allianz
Zurich
Allstate
Tokio Marine
Assurant
Chubb
PICC
Sompo Japan Nipponkoa
CPIC
PingAn
Sunshine
Berkshire Hathaway
Suncorp
Progressive
American Strategic
Outline of Major Chapters:
Chapter 1: Introduces the definition of Flood Insurance, market overview.
Chapter 2: Global Flood Insurance market size in revenue.
Chapter 3: Detailed analysis of Flood Insurance company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Flood Insurance in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.