As the global economy mends, the 2021 growth of Parametric Insurance will have significant change from previous year. According to our researcher latest study, the global Parametric Insurance market size is USD million in 2022 from USD million in 2021, with a change of % between 2021 and 2022. The global Parametric Insurance market size will reach USD million in 2028, growing at a CAGR of % over the analysis period 2022-2028.

The United States Parametric Insurance market is expected at value of US$ million in 2021 and grow at approximately % CAGR during forecast period 2022-2028. China constitutes a % market for the global Parametric Insurance market, reaching US$ million by the year 2028. As for the Europe Parametric Insurance landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period 2022-2028. In APAC, the growth rates of other notable markets (Japan and South Korea) are projected to be at % and % respectively for the next 6-year period.

Global main Parametric Insurance players cover Allianz, AXA XL, Chubb, and FloodFlash, etc. In terms of revenue, the global largest two companies occupy a share nearly % in 2021.

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

Segmentation by type: breakdown data from 2017 to 2022 in Section 2.3; and forecast to 2028 in section 10.7.

Natural Catastrophes Insurance

Specialty Insurance

Others

Segmentation by application: breakdown data from 2017 to 2022, in Section 2.4; and forecast to 2028 in section 10.8.

Agriculture

Aerospace & Defense

Construction

Energy & Utiities

Manufacturing

Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.

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 report also presents the market competition landscape and a corresponding detailed analysis of the major players in the market. The key players covered in this report: Breakdown data in in Chapter 3.

Allianz

AXA XL

Chubb

FloodFlash

Jumpstart Insurance Solutions, Inc.

Berkshire Hathaway Specialty Insurance

Munich Re

Global Parametrics

Swiss Re

Zurich American Insurance Company