Market Highlights: Motor Insurance is important which provide you financial protection against physical injuries and motor damage, also it provides third party insurance. In which if the third person gets injured then the person also get the financial support. In motor insurance, you can get half of the amount of total loss. It is one of the most important documents for the motor user. The market study is being classified, by Application (Commercial Car and Personal Car) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Motor Insurance are Allianz (Germany), AXA (France), Ping An (China), Assicurazioni Generali (Italy), China Life Insurance (China), Metlife (United States), Nippon Life Insurance (China), Munich Reinsurance (Germany), State Farm Insurance (United States) and Zurich Insurance (Switzerland).
Key Questions Answered in the Report What will the Motor Insurance Market size and the growth rate be in Future? What are the key factors driving the Motor Insurance Market? What are the key market trends and macro-economic impacting the growth of the Motor Insurance Market? What are the challenges to market growth? Who are the key vendors in the Motor Insurance Market? What are the market opportunities and threats faced by the vendors in the Motor Insurance Market? Trending factors influencing the market shares of the Players. What are the key outcomes of the five forces analysis of the Motor Insurance Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Motor Insurance market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Motor Insurance market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Potential Investors, Up and Down Stream Vendors, Insurance Companies, Automobiles Industries, Suppliers and Distributors and Others. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.