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Global Logistics Insurance Market 2017-2021

Logistics Insurance Sector: Worldwide Forecast until 2021

  • July 2017
  • 78 pages
  • ID: 5028438
In this report:
May 2017: Liberty Mutual Insurance completed the acquisition of ##% ownership interest in Ironshore from Fosun International.
In 2016, LNG imports in China were up by ##% to ##% compared with 2015, and oil imports grew by ##% to ##%.
Marine insurance had the highest market share in 2016 at ##.##%, and it is expected to remain the highest during the forecast period, with a ##.##% share by 2021.

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About Logistics Insurance

Insurance is a promise of compensation in case of damage/injury/loss in exchange for a premium. It is a form of risk management. Insurance services contain several forms of compensation benefits including protection of property and vehicles against damage or loss, reimbursement of the cost combined with healthcare, and compensation for accidental death to pre-decided beneficiaries.

Logistics insurance affords insurance against the damage or loss to business as a result of interruption in the logistics chain.

The experts estimate the worldwide logistics insurance market to increase at a compound annual Growth rate of ~2.3 percent between 2017 and 2021.

What is the scope of this report?

The study describes the ongoing situation and its growth expectations of the global logistics insurance sector for 2017-2021. To calculate the market value, the industry report considers the income generated by distinct dealers through sales of different insurance products that are broken down based on types. The types of insurance are marine insurance, inland insurance, and aviation insurance.

The sector is segmented into the specified segments established on area:

• Americas

• Asia-Pac

• Europe, Middle East and Africa (EMEA)

The market study, World-wide Logistics Insurance Sector 2017-2021, has been produced established on a comprehensive and detailed market studies with data coming from specialists of the sector. The study describes the market outlook and its growth expectations over the next years. This study also comprises conversations with top vendors operating in this segment.

Who are the market dominants?

• rise in number of cargo thefts

• For a full, in-depth list, view our market report

What are the ongoing market challenges?

• Hard insurance market characteristics

• For a full, exhaustive list, view our market report

How is the market going?

• Increasing popularity of tracking cargos among shippers

• For a full, in-depth list, view our market report

What are the main questions answered in this report?

• What will both market value and growth rate be in 2021?

• What are the key market forecasts?

• What is driving this sector?

• What are the conditions to market growth?

• Who are the main sellers in this market environment?

• What are the opportunities in this industry and segment risks faced by the main vendors?

• What are the forces and weaknesses of the main vendors?

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