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Worldwide Catastrophe Insurance Market 2016 Trend, Analysis and Overview

Wednesday, October 12, 2016 21:47
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(Before It's News)

Catastrophe insurance helps in protecting residences and businesses against natural disasters like hurricanes, floods, earthquakes, and against man-made disasters such as terrorist attacks. Generally, catastrophe insurance has a low probability that involves high-cost events. These high-cost events are excluded from the standard hazard insurance policies. It is difficult to estimate the total potential cost of an insured loss thereby making it difficult for the catastrophe insurance issuers to effectively manage risk. Retrocession and reinsurance are used with catastrophe insurance to manage catastrophe risk.

Publisher’s analysts forecast the global catastrophe insurance market to grow at a CAGR of 5.49% during the period 2016-2020.

For more information about this report: http://www.reportsweb.com/global-catastrophe-insurance-market-2016-2020   

Covered in this report 
The report covers the present scenario and the growth prospects of the global catastrophe insurance market for 2016-2020. To calculate the market size, the report considers the global loss insured from the catastrophe insurance market in the Americas, Asia-Pacific (APAC), and Europe, the Middle East, and Africa (EMEA).

The market is divided into the following segments based on geography: 
-Americas
-APAC
-EMEA

Publisher’s report, Global Catastrophe Insurance 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. 

Key vendors 
-American International Group
-Allianz
-AXA
-Berkshire Hathaway
-Lloyds

 

Request Sample Copy at http://www.reportsweb.com/inquiry&RW0001420901/sample     

 

Other prominent vendors 
-Allstate
-Aviva
-Liberty Mutual
-Zurich Insurance

Market driver 
-Regulatory support for public-private cooperation on building resilient infrastructure and better risk governance
-For a full, detailed list, view our report 

Market challenge 
-Avoidance of overfitted models
-For a full, detailed list, view our report 

Market trend 
-Leveraging social media channels for better market penetration and for better customer connectivity
-For a full, detailed list, view our report 

 

Inquire for Report at http://www.reportsweb.com/inquiry&RW0001420901/buying     

 

Contact Us:

Call: +1-646-491-9876
Email: sales@reportsweb.com

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