Auto Insurance Market Size, Share and Distribution Channel Outlook till 2028
The global auto insurance market size is expected to reach USD 1,620.2 billion by 2028, according to a new report by Million Insights. It is expected to expand at a CAGR of 8.8% from 2021 to 2028. The growing middle-class population in developing economies like China, India, and Brazil is propelling the demand for auto insurance. Various initiatives by the government and reforms regarding insurance policies have led to the significant growth of the market.
The global auto insurance market size is expected to reach USD 1,620.2 billion by 2028, according to a new report by Million Insights. It is expected to expand at a CAGR of 8.8% from 2021 to 2028. The growing middle-class population in developing economies like China, India, and Brazil is propelling the demand for auto insurance. Various initiatives by the government and reforms regarding insurance policies have led to the significant growth of the market.
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Private Passenger
Commercial Passenger
Auto Insurance Regional Outlook (Revenue, USD Billion, 2017 - 2028)
North America
U.S.
Europe
Germany
U.K.
France
Asia Pacific
China
Japan
Central & South America
Brazil
Middle East & Africa
South Africa
List of Key Players of Auto Insurance Market
People’s Insurance Company of China
CHINA PACIFIC INSURANCE CO.
Ping An Insurance (Group) Company of China, Ltd.
State Farm Mutual Automobile Insurance
Berkshire Hathaway Inc.
Admiral Group Plc
GEICO
Tokio Marine Group
Allianz
Allstate Insurance Company
See More Reports of This Category by Million Insights @
https://www.millioninsights.com/snapshots/list/automotive-and-transportation