Global Ocean Marine Insurance Market Growth (Status and Outlook) 2024-2030

Global Ocean Marine Insurance Market Growth (Status and Outlook) 2024-2030

Ocean Marine Insurance is a type of insurance coverage specifically designed to protect cargo, vessels, and other property traveling across oceans and seas. It provides financial protection against a wide range of risks associated with maritime transport, including loss or damage to cargo, vessels, and equipment, as well as liability for third-party claims.

The global Ocean Marine Insurance market size is projected to grow from US$ million in 2023 to US$ million in 2030; it is expected to grow at a CAGR of % from 2024 to 2030.

LPI (LP Information)' newest research report, the “Ocean Marine Insurance Industry Forecast” looks at past sales and reviews total world Ocean Marine Insurance sales in 2023, providing a comprehensive analysis by region and market sector of projected Ocean Marine Insurance sales for 2024 through 2030. With Ocean Marine Insurance sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Ocean Marine Insurance industry.

This Insight Report provides a comprehensive analysis of the global Ocean Marine Insurance landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Ocean Marine Insurance portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Ocean Marine Insurance market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Ocean Marine Insurance and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Ocean Marine Insurance.

United States market for Ocean Marine Insurance is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Ocean Marine Insurance is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for Ocean Marine Insurance is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Ocean Marine Insurance players cover The Travelers Companies, Inc., Chubb Limited, AIG (American International Group), Allianz Global Corporate & Specialty (AGCS) and Zurich Insurance Group, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of Ocean Marine Insurance market by product type, application, key players and key regions and countries.

Segmentation by type
Cargo
Vessels
Others

Segmentation by application
Cargo Owners
Shippers
Carriers
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
The Travelers Companies, Inc.
Chubb Limited
AIG (American International Group)
Allianz Global Corporate & Specialty (AGCS)
Zurich Insurance Group
Tokio Marine Group
Marsh McLennan
AXA XL
Mitsui Sumitomo Insurance Group
Liberty Mutual Insurance
Sompo Holdings
QBE Insurance Group
Swiss Re Group
Great American Insurance Group
HDI Global SE

Please note: The report will take approximately 2 business days to prepare and deliver.