Global Micro Insurance Market to grow at a CAGR of 8.2% during 2016-2020: Key Players Bajaj Allianz, Mapfre, Life
About the Microinsurance Market
Microinsurance products are coverage policies targeted at households with low-income levels. These plans provide tailored insurance policies for individuals with little or small saving plans. They offer lower value assets and compensation for injury, illness, or death to a person compared to other insurance policies. Microinsurance companies assist the not so well off by offering insurance plans that are tailored to their specific needs. The coverage value of the policy is lower than a typical insurance plan. Therefore, the insured customer pays considerably smaller premiums to the insurance company. The presence of the microinsurance market is strong in developing countries with high growing opportunities.
Technavios analysts forecast the global microinsurance market to grow at a CAGR of 8.2% during the period 2016-2020.
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Covered in this report
The report covers the present scenario and the growth prospects of the global microinsurance market for 2016-2020. To calculate the market size, we consider the total amount of microinsurance from the Americas, APAC, and EMEA.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Microinsurance Market 2016-2020, 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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Table of Content
PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Top-vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
Microinsurance: Overview
Key players in microinsurance value chain
Microinsurance transaction
Role of policy and regulation in shaping the business environment of the microinsurance sector
Difference between traditional insurance and microinsurance
PART 05: Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 06: Geographical segmentation
Geographical segmentation 2015
Geographical segmentation 2020
APAC
Americas
EMEA
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