Global Marine Liability Insurance Market Insights, Forecast to 2028

Covers legal liability for loss or damage to vessels, their equipment and cargo while the vessels are in the insured's care while being repaired or awaiting repair or alteration. Coverage can be extended to include liability for third-party bodily injury and property damage, strikes and pollution.
Market Analysis and Insights: Global Marine Liability Insurance Market
The global Marine Liability Insurance market size is projected to reach US$ million by 2028, from US$ million in 2021, at a CAGR of % during 2022-2028.
Fully considering the economic change by this health crisis, Free from Particular Average accounting for % of the Marine Liability Insurance global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Global Shipping Companies segment is altered to an % CAGR throughout this forecast period.
China Marine Liability Insurance market size is valued at US$ million in 2021, while the North America and Europe Marine Liability Insurance are US$ million and US$ million, severally. The proportion of the North America is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Marine Liability Insurance landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Marine Liability Insurance market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Marine Liability Insurance market in terms of revenue.
Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Marine Liability Insurance market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Marine Liability Insurance market.
Global Marine Liability Insurance Scope and Market Size
Marine Liability Insurance market is segmented by players, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Marine Liability Insurance market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2017-2028.

Segment by Type
Free from Particular Average
with Particular Average
All Risk
Others

Segment by Application
Global Shipping Companies
Global Ports and Terminal Operators
Vessel Charterers
Ship Owners

By Company
AXA
Chubb
Allianz
AIG
CPIC

By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA