Crop Insurance Market by Type (Crop Yield Insurance, and Crop Revenue Insurance) by Application (Multi-peril Crop Insurance (MPCI), Crop-hail Insurance, Livestock Insurance, and Others), by Distribution Channel (Banks, Insurance Companies, Brokers/Agents and Others)- Global Opportunity Analysis and Industry Forecast, 2023–2030

Crop Insurance Market

Industry:  Food & Beverages | Publish Date: Mar 2023 | No of Pages:  213 | No. Tables:  150 | No. Figures:  130

Market Overview:

Crop Insurance Market size was valued at USD 37.91 billion in 2022, and is predicted to reach USD 59.89 billion by 2030, with a CAGR of 6.1% from 2023 to 2030.

Crop insurance is a comprehensive, yield-based policy designed to cover losses incurred by farmers as a result of production problems. Farmers can purchase this insurance to protect their growing crops against loss or damage brought on by natural disasters like hail, drought, flood, insects, or the loss of revenue due to declines in the prices of agricultural commodities.

A crop insurance plan stabilizes agricultural production and minimizes the adverse effects it has on farmers' livelihoods. Crop insurance has turned into a necessity for difficulties relating to agriculture in light of the current situation.

Favorable governments’ initiatives to augment the market growth

The agricultural sector is one of the most important industries in various countries including India, the US, Philippines and others, but development is being hampered by the increasing risk intensiveness of agriculture due to decreased arable land, climate change, and high labour costs. Therefore, numerous governments are launching favorable initiatives to boost the agriculture industry, which is promoting market expansion.

The growth of the crop insurance sector is being fueled by the promotion of the economic stability of agriculture through crop insurance to increase farmer knowledge and help them establish insurance. For instance, the governments of Canada and Saskatchewan recently announced improvements to the 2021 Crop Insurance Program to give farmers additional coverage and guarantee that they have the risk management resources necessary for their expansion and stability. The market expansion for crop insurance is being aided by such efforts.

Increasing unusual climatic events to fuel crop insurance demand

A rising number of unusual climatic phenomena has led to the growing number of small-scale farmers, as well as big and minor stakeholders in the agriculture industry, have opted for insurance to safeguard against probable losses and failed harvests. The widespread use of crop insurance helps to minimize the financial and crop loss risks faced by insured farmers.

These risks are caused by the rising frequency of unfavorable meteorological conditions, such as rainfall, drought, temperature, frost, and humidity. Moreover, various digital initiatives are implemented to enable prediction of weather and climatic conditions, data-storage related to crops and micro level information about the land for harvesting crops and reduce uncertain risks. These factors are expected to penetrate the crop insurance industry globally.

 

Lack of awareness of crop insurance and less availability of arable land hinders growth.

The development of the global market may be hampered by a lack of awareness about crop insurance products and schemes. This is attributed to the illiteracy of the farmers and inadequate information about crop insurance, policies and claim benefits.

Additional significant factors impeding agricultural activities and having a limited impact on market expansion include the decline in arable land and the acquisition of land from the farmers owing to rapid urbanization, the rise in smart city projects, and the number of commercial and residential projects being built, particularly in developing countries.

Growth in crop insurance product line to create impetus market growth in future.

Expansion of the current product line is anticipated to present prospective chances for the market development for crop insurance. The value-added services that crop insurance providers provide to their customers and the creation of new product and service offerings through the application of new technologies and partnership agreements greatly contribute to the expansion of the worldwide market.

The application of technologies can assist in registering the information and location of farmers, as well as in the collection of premiums and payment of claims. Insurers can use technology like AI, satellites, and remote sensing data to expand their current company operations and improve the smooth claims procedure and avoid mutual claim settlement processes. Hence, expansion of the current product line and increase in partnerships and agreements are anticipated that crop insurance providers will have attractive prospects in the upcoming years.

 

North America currently dominates the market.

In North America, agriculture is a significant industry. Canada and the USA are two exceptionally productive agricultural nations that are located in the continent's central lowlands. In this region, only 12% of the continent's total surface is suited for agriculture. However, they produce a lot from their farms. For instance, wheat and corn are well known products of prairie grassland.

Monoculture, a tradition of growing one crop in a region for a long time poses a hazard to agriculture in the tropical and subtropical regions of North America. Due to nutrient loss and the potential for crop disease, monoculture is a risky method of farming. This is not the case when a variety of crops are planted on the same plot. The governments in this region are consistently protecting production through subsidies and agricultural insurances programs. These programs boost the productivity and competitiveness of the agri-food sector in North American region and mitigate uncertainties in agri-food activities.

For instance, AgriSompo North America provides best-in-class agricultural risk solutions through a national network of independently owned agents. Moreover, several regions in the country such as the US and Canada are affected by severe drought conditions, which damages the agri businesses. These factors are responsible for the requirement  and high demand for the crop insurance industry in this region.

Asia-Pacific witnesses substantial growth in the global renewable energy market.

Asia Pacific is the world's leading producer of agricultural products, and the industry is fundamental to the region's economy since it accounts for more than half of the region's land area and employs one-fifth of all workforce. China and India are the leading producers of food in the Asia Pacific region owing to their vast arable land and a large population, which has increased the demand for agricultural produce.

Despite recent considerable increases in production, Asia still produces lower yields than the majority of other regions due to depleting resources like water, deteriorating soil quality, poor logistics, and ineffective farming practises and land use. In addition, severe climatic conditions including flood, typhoon and heavy rain in this region, particularly in countries such as China, India and Japan are responsible for considerably bad harvest and financial crisis of the farmers.

Various countries in this region are adopting various crop insurance programmes to support the farmers and practice innovate methods and technologies to increase the farm produce. Moreover, various pilot insurance programmes are introduced by the insurers to support for sector development and make up for the potential consumer loss. These reasons are attributed to the high demand for crop insurance among the farmers in the countries of Asia- Pacific region.

 

Competitive Landscape

The crop insurance market includes several market players such as ADM, Sompo Holdings Inc, AXA XL, Chubb Limited, HDFC Ergo, Munich Re Group, Odyssey Group, QBE Insurance Group Limited, Tokio Marine Holdings, Inc, and Zurich Insurance Group. These market players are adopting expansion of business across various regions to maintain their dominance in the global renewable energy market.

For instance, in October 2022, HDFC ERGO launched a technology backed farm yield insurance policy for farmers. This is a first-of-its-kind insurance solution, where a satellite-based index is used to provide localized farm level coverage. The product is targeted at farmers under corporate/farm input company (FIC) contracts and is valid for food, oilseed, commercial or horticulture crops.

In addition, in June 2022, Munich Re Group partnered with Cloud to Street (C2S) and Raincoat to provide the first country-level flood parametric program with local payouts in Colombia. Under the new program insured farmers will receive loan relief based on the magnitude of floods that hinder their abilities to grow crops or market them.

Moreover, in September 2021, Sompo International Holdings Ltd., a wholly-owned subsidiary of Sompo Holdings acquired ARA 1857 S.p.A, an Italian crop insurance company. The acquisition of ARA is another strategic and welcome step in strengthening the company’s presence with new products and capabilities in a key agriculture market.

KEY MARKET SEGMENTS

Type (Crop Yield Insurance, and Crop Revenue Insurance) by Application (Multi-peril Crop Insurance (MPCI), Crop-hail Insurance, Livestock Insurance, and Others), by Distribution Channel (Banks, Insurance Companies, Brokers/Agents and Others

By Type

  • Crop Yield Insurance

  • Crop Revenue Insurance

By Application

  • Multi-peril Crop Insurance (MPCI)

  • Crop-hail Insurance

  • Livestock Insurance

  • Others

By Distribution Channel

  • Banks

  • Insurance Companies

  • Brokers/Agents 

  • Others

By Region

  • North America

    • U.S

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Spain

    • Italy

    • Netherlands

    • Denmark

    • Finland

    • Norway

    • Sweden

    • Russia

    • Rest of Europe

  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Thailand

    • Singapore

    • Rest of Asia-Pacific 

  • RoW

    • Latin America

    • Middle East

    • Africa

REPORT SCOPE AND SEGMENTATION:

Parameters

Details

Market Size in 2023

USD 37.91 Billion

Revenue Forecast in 2030

USD 59.89 Billion

Growth Rate

CAGR of 6.1% from 2023 to 2030

Analysis Period

2022–2030

Base Year Considered

2022

Forecast Period

2023–2030

Market Size Estimation

Billion (USD)

Growth Factors

Favourable governments’ initiatives to augment the market growth.

Increasing unusual climatic events to fuel crop insurance demand.

Countries Covered

26

Companies Profiled

10

Market Share

Available for 10 companies

Customization Scope

Free customization (equivalent up to 80 analysts working hours) after purchase. Addition or alteration to country, regional & segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs.

1.1.     REPORT DESCRIPTION

1.2.     WHO SHOULD READ THIS REPORT 

1.3.     KEY MARKET SEGMENTS

1.4.     KEY MARKET PLAYERS

1.5.     RESEARCH METHODOLOGY

1.5.1        SECONDARY RESEARCH

1.5.2        DATA ANALYSIS FRAMEWORK

1.5.3        MARKET SIZE ESTIMATION

1.5.4        FORECASTING

1.5.5        PRIMARY RESEARCH AND DATA VALIDATION

2.    CROP INSURANCE MARKET – EXECUTIVE SUMMARY

2.1.     MARKET SNAPSHOT, 2021 - 2030, BILLION USD

3.    MARKET OVERVIEW

3.1.     MARKET DEFINITION AND SCOPE

3.2.     MARKET DYNAMICS

3.2.1        DRIVERS

3.2.1.1.    FAVORABLE GOVERNMENT INITIATIVES TO AUGMENT THE MARKET GROWTH

3.2.1.2.    TECHNOLOGICAL ADVANCEMENTS TO ACCELERATE DEMAND FOR CROP INSURANCE

3.2.1.3.    INCREASING UNUSUAL CLIMATIC EVENTS TO FUEL CROP INSURANCE DEMAND

3.2.2        RESTRAINTS

3.2.2.1.    LACK OF AWARENESS AND LESS AVAILABILITY OF ARABLE LAND HINDER MARKET GROWTH

3.2.3        OPPORTUNITIES

3.2.3.1.    GROWTH IN CROP INSURANCE PRODUCT LINE TO BOOST FUTURE MARKET GROWTH

4.    GLOBAL CROP INSURANCE MARKET, BY TYPE

4.1.     OVERVIEW

4.2.     CROP YIELD INSURANCE

4.2.1        CROP YIELD INSURANCE MARKET, BY REGION

4.3.     CROP PRICE INSURANCE

4.3.1        CROP PRICE INSURANCE MARKET, BY REGION

5.    GLOBAL CROP INSURANCE MARKET, BY APPLICATION

5.1.     OVERVIEW

5.2.     MULTI-PERIL CROP INSURANCE (MPCI)

5.2.1        MULTI-PERIL CROP INSURANCE (MPCI) MARKET, BY REGION

5.3.     CROP-HAIL INSURANCE

5.3.1        CROP-HAIL INSURANCE MARKET, BY REGION

5.4.     LIVESTOCK INSURANCE

5.4.1        LIVESTOCK INSURANCE MARKET, BY REGION

5.5.     OTHERS

5.5.1        OTHERS MARKET, BY REGION

6.    GLOBAL CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL

6.1.     OVERVIEW

6.2.     BANKS

6.2.1        BANKS MARKET, BY REGION

6.3.     INSURANCE COMPANIES

6.3.1        INSURANCE COMPANIES MARKET, BY REGION

6.4.     BROKERS/AGENTS

6.4.1        BROKERS/AGENTS MARKET, BY REGION

6.5.     OTHERS

6.5.1        OTHERS MARKET, BY REGION

7.    GLOBAL CROP INSURANCE MARKET, BY REGION

7.1.     OVERVIEW

7.2.     NORTH AMERICA

7.2.1        NORTH AMERICA CROP INSURANCE MARKET, BY TYPE

7.2.2        NORTH AMERICA CROP INSURANCE MARKET, BY APPLICATION

7.2.3        NORTH AMERICA CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL

7.2.4        NORTH AMERICA CROP INSURANCE MARKET, BY COUNTRY

7.2.4.1.    U.S.

7.2.4.1.1.    U.S. CROP INSURANCE MARKET, BY TYPE

7.2.4.1.2.    U.S. CROP INSURANCE MARKET, BY APPLICATION

7.2.4.1.3.    U.S. CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL

7.2.4.2.    CANADA

7.2.4.2.1.    CANADA CROP INSURANCE MARKET, BY TYPE

7.2.4.2.2.    CANADA CROP INSURANCE MARKET, BY APPLICATION

7.2.4.2.3.    CANADA CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL

7.2.4.3.    MEXICO

7.2.4.3.1.    MEXICO CROP INSURANCE MARKET, BY TYPE

7.2.4.3.2.    MEXICO CROP INSURANCE MARKET, BY APPLICATION

7.2.4.3.3.    MEXICO CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL

7.3.     EUROPE

7.3.1        EUROPE CROP INSURANCE MARKET, BY TYPE

7.3.2        EUROPE CROP INSURANCE MARKET, BY APPLICATION

7.3.3        EUROPE CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL

7.3.4        EUROPE CROP INSURANCE MARKET, BY COUNTRY

7.3.4.1.    GERMANY

7.3.4.1.1.    GERMANY CROP INSURANCE MARKET, BY TYPE

7.3.4.1.2.    GERMANY CROP INSURANCE MARKET, BY APPLICATION

7.3.4.1.3.    GERMANY CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL

7.3.4.2.    UK

7.3.4.2.1.    UK CROP INSURANCE MARKET, BY TYPE

7.3.4.2.2.    UK CROP INSURANCE MARKET, BY APPLICATION

7.3.4.2.3.    UK CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL

7.3.4.3.    FRANCE

7.3.4.3.1.    FRANCE CROP INSURANCE MARKET, BY TYPE

7.3.4.3.2.    FRANCE CROP INSURANCE MARKET, BY APPLICATION

7.3.4.3.3.    FRANCE CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL

7.3.4.4.    SPAIN

7.3.4.4.1.    SPAIN CROP INSURANCE MARKET, BY TYPE

7.3.4.4.2.    SPAIN CROP INSURANCE MARKET, BY APPLICATION

7.3.4.4.3.    SPAIN CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL

7.3.4.5.    ITALY

7.3.4.5.1.    ITALY CROP INSURANCE MARKET, BY TYPE

7.3.4.5.2.    ITALY CROP INSURANCE MARKET, BY APPLICATION

7.3.4.5.3.    ITALY CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL

7.3.4.6.    NETHERLANDS

7.3.4.6.1.    NETHERLANDS CROP INSURANCE MARKET, BY TYPE

7.3.4.6.2.    NETHERLANDS CROP INSURANCE MARKET, BY APPLICATION

7.3.4.6.3.    NETHERLANDS CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL

7.3.4.7.    DENMARK

7.3.4.7.1.    DENMARK CROP INSURANCE MARKET, BY TYPE

7.3.4.7.2.    DENMARK CROP INSURANCE MARKET, BY APPLICATION

7.3.4.7.3.    DENMARK CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL

7.3.4.8.    FINLAND

7.3.4.8.1.    FINLAND CROP INSURANCE MARKET, BY TYPE

7.3.4.8.2.    FINLAND CROP INSURANCE MARKET, BY APPLICATION

7.3.4.8.3.    FINLAND CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL

7.3.4.9.    NORWAY

7.3.4.9.1.    NORWAY CROP INSURANCE MARKET, BY TYPE

7.3.4.9.2.    NORWAY CROP INSURANCE MARKET, BY APPLICATION

7.3.4.9.3.    NORWAY CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL

7.3.4.10.  SWEDEN

7.3.4.10.1.  SWEDEN CROP INSURANCE MARKET, BY TYPE

7.3.4.10.2.  SWEDEN CROP INSURANCE MARKET, BY APPLICATION

7.3.4.10.3.  SWEDEN CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL

7.3.4.11.  RUSSIA

7.3.4.11.1.  RUSSIA CROP INSURANCE MARKET, BY TYPE

7.3.4.11.2.  RUSSIA CROP INSURANCE MARKET, BY APPLICATION

7.3.4.11.3.  RUSSIA CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL

7.3.4.12.  REST OF EUROPE

7.3.4.12.1.  REST OF EUROPE CROP INSURANCE MARKET, BY TYPE

7.3.4.12.2.  REST OF EUROPE CROP INSURANCE MARKET, BY APPLICATION

7.3.4.12.3.  REST OF EUROPE CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL

7.4.     ASIA-PACIFIC

7.4.1        ASIA-PACIFIC CROP INSURANCE MARKET, BY TYPE

7.4.2        ASIA-PACIFIC CROP INSURANCE MARKET, BY APPLICATION

7.4.3        ASIA-PACIFIC CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL

7.4.4        ASIA-PACIFIC CROP INSURANCE MARKET, BY COUNTRY

7.4.4.1.    CHINA

7.4.4.1.1.    CHINA CROP INSURANCE MARKET, BY TYPE

7.4.4.1.2.    CHINA CROP INSURANCE MARKET, BY APPLICATION

7.4.4.1.3.    CHINA CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL

7.4.4.2.    JAPAN

7.4.4.2.1.    JAPAN CROP INSURANCE MARKET, BY TYPE

7.4.4.2.2.    JAPAN CROP INSURANCE MARKET, BY APPLICATION

7.4.4.2.3.    JAPAN CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL

7.4.4.3.    INDIA

7.4.4.3.1.    INDIA CROP INSURANCE MARKET, BY TYPE

7.4.4.3.2.    INDIA CROP INSURANCE MARKET, BY APPLICATION

7.4.4.3.3.    INDIA CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL

7.4.4.4.    AUSTRALIA

7.4.4.4.1.    AUSTRALIA CROP INSURANCE MARKET, BY TYPE

7.4.4.4.2.    AUSTRALIA CROP INSURANCE MARKET, BY APPLICATION

7.4.4.4.3.    AUSTRALIA CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL

7.4.4.5.    SOUTH KOREA

7.4.4.5.1.    SOUTH KOREA CROP INSURANCE MARKET, BY TYPE

7.4.4.5.2.    SOUTH KOREA CROP INSURANCE MARKET, BY APPLICATION

7.4.4.5.3.    SOUTH KOREA CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL

7.4.4.6.    THAILAND

7.4.4.6.1.    THAILAND CROP INSURANCE MARKET, BY TYPE

7.4.4.6.2.    THAILAND CROP INSURANCE MARKET, BY APPLICATION

7.4.4.6.3.    THAILAND CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL

7.4.4.7.    SINGAPORE

7.4.4.7.1.    SINGAPORE CROP INSURANCE MARKET, BY TYPE

7.4.4.7.2.    SINGAPORE CROP INSURANCE MARKET, BY APPLICATION

7.4.4.7.3.    SINGAPORE CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL

7.4.4.8.    REST OF ASIA-PACIFIC

7.4.4.8.1.    REST OF ASIA-PACIFIC CROP INSURANCE MARKET, BY TYPE

7.4.4.8.2.    REST OF ASIA-PACIFIC CROP INSURANCE MARKET, BY APPLICATION

7.4.4.8.3.    REST OF ASIA-PACIFIC CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL

7.5.     REST OF WORLD

7.5.1        REST OF WORLD CROP INSURANCE MARKET, BY TYPE

7.5.2        REST OF WORLD CROP INSURANCE MARKET, BY APPLICATION

7.5.3        REST OF WORLD CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL

7.5.4        REST OF WORLD CROP INSURANCE MARKET, BY COUNTRY

7.5.4.1.    LATIN AMERICA

7.5.4.1.1.    LATIN AMERICA CROP INSURANCE MARKET, BY TYPE

7.5.4.1.2.    LATIN AMERICA CROP INSURANCE MARKET, BY APPLICATION

7.5.4.1.3.    LATIN AMERICA CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL

7.5.4.2.    MIDDLE EAST

7.5.4.2.1.    MIDDLE EAST CROP INSURANCE MARKET, BY TYPE

7.5.4.2.2.    MIDDLE EAST CROP INSURANCE MARKET, BY APPLICATION

7.5.4.2.3.    MIDDLE EAST CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL

7.5.4.3.    AFRICA

7.5.4.3.1.    AFRICA CROP INSURANCE MARKET, BY TYPE

7.5.4.3.2.    AFRICA CROP INSURANCE MARKET, BY APPLICATION

7.5.4.3.3.    AFRICA CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL

8.    COMPANY PROFILES

8.1.     SOMPO HOLDINGS, INC.

8.1.1        COMPANY OVERVIEW

8.1.2        COMPANY SNAPSHOT

8.1.3        OPERATING BUSINESS SEGMENTS

8.1.4        PRODUCT PORTFOLIO

8.1.5        BUSINESS PERFORMANCE

8.1.6        SALES BY BUSINESS SEGMENT

8.1.7        SALES BY GEOGRAPHIC SEGMENT

8.1.8        KEY STRATEGIC MOVES & DEVELOPMENTS

8.1.9        PRIMARY MARKET COMPETITORS

8.2.     ZURICH INSURANCE GROUP

8.2.1        COMPANY OVERVIEW

8.2.2        COMPANY SNAPSHOT

8.2.3        PRODUCT PORTFOLIO

8.2.4        OPERATING BUSINESS SEGMENTS

8.2.5        BUSINESS PERFORMANCE

8.2.6        SALES BY BUSINESS SEGMENT

8.2.7        SALES BY GEOGRAPHIC SEGMENT

8.2.8        KEY STRATEGIC MOVES & DEVELOPMENTS

8.2.9        PRIMARY MARKET COMPETITORS

8.3.     CHUBB LTD.

8.3.1        COMPANY OVERVIEW

8.3.2        COMPANY SNAPSHOT

8.3.3        OPERATING BUSINESS SEGMENTS

8.3.4        PRODUCT PORTFOLIO

8.3.5        BUSINESS PERFORMANCE

8.3.6        SALES BY GEOGRAPHIC SEGMENT

8.3.7        SALES BY GEOGRAPHIC SEGMENT

8.3.8        KEY STRATEGIC MOVES & DEVELOPMENTS

8.3.9        PRIMARY MARKET COMPETITORS

8.4.     ADM

8.4.1        COMPANY OVERVIEW

8.4.2        COMPANY SNAPSHOT

8.4.3        OPERATING BUSINESS SEGMENTS

8.4.4        PRODUCT PORTFOLIO

8.4.5        BUSINESS PERFORMANCE

8.4.6        SALES BY BUSINESS SEGMENT

8.4.7        SALES BY GEOGRAPHIC SEGMENT

8.4.8        KEY STRATEGIC MOVES & DEVELOPMENTS

8.4.9        PRIMARY MARKET COMPETITORS

8.5.     QBE INSURANCE GROUP LIMITED

8.5.1        COMPANY OVERVIEW

8.5.2        COMPANY SNAPSHOT

8.5.3        PRODUCT PORTFOLIO

8.5.4        BUSINESS PERFORMANCE

8.5.5        SALES BY GEOGRAPHIC SEGMENT

8.5.6        KEY STRATEGIC MOVES & DEVELOPMENTS

8.5.7        PRIMARY MARKET COMPETITORS

8.6.     ODYSSEY GROUP

8.6.1        COMPANY OVERVIEW

8.6.2        COMPANY SNAPSHOT

8.6.3        PRODUCT PORTFOLIO

8.6.4        BUSINESS PERFORMANCE

8.6.5        KEY STRATEGIC MOVES & DEVELOPMENTS

8.6.6        PRIMARY MARKET COMPETITORS

8.7.     MUNICH RE GROUP

8.7.1        COMPANY OVERVIEW

8.7.2        COMPANY SNAPSHOT

8.7.3        OPERATING BUSINESS SEGMENTS

8.7.4        PRODUCT PORTFOLIO

8.7.5        BUSINESS PERFORMANCE

8.7.6        SALES BY BUSINESS SEGMENT

8.7.7        KEY STRATEGIC MOVES & DEVELOPMENTS

8.7.8        PRIMARY MARKET COMPETITORS

8.8.     TOKIO MARINE HOLDINGS

8.8.1        COMPANY OVERVIEW

8.8.2        COMPANY SNAPSHOT

8.8.3        OPERATING BUSINESS SEGMENTS

8.8.4        PRODUCT PORTFOLIO

8.8.5        BUSINESS PERFORMANCE

8.8.6        SALES BY GEOGRAPHIC SEGMENT

8.8.7        KEY STRATEGIC MOVES & DEVELOPMENTS

8.8.8        PRIMARY MARKET COMPETITORS

8.9.     AXA XL

8.9.1        COMPANY OVERVIEW

8.9.2        COMPANY SNAPSHOT

8.9.3        PRODUCT PORTFOLIO

8.9.4        BUSINESS PERFORMANCE

8.9.5        KEY STRATEGIC MOVES & DEVELOPMENTS

8.9.6        PRIMARY MARKET COMPETITORS

8.10.   HDFC ERGO

8.10.1     COMPANY OVERVIEW

8.10.2     COMPANY SNAPSHOT

8.10.3     OPERATING BUSINESS SEGMENTS

8.10.4     PRODUCT PORTFOLIO

8.10.5     BUSINESS PERFORMANCE

8.10.6     SALES BY BUSINESS SEGMENT

8.10.7     KEY STRATEGIC MOVES & DEVELOPMENTS

8.10.8     PRIMARY MARKET COMPETITORS

LIST OF TABLES

TABLE 1.    GLOBAL CROP INSURANCE MARKET, BY TYPE, 2021-2030, MILLION USD

TABLE 2.    CROP YIELD INSURANCE MARKET, BY REGION, 2021-2030, MILLION USD

TABLE 3.    CROP PRICE INSURANCE MARKET, BY REGION, 2021-2030, MILLION USD

TABLE 4.    GLOBAL CROP INSURANCE MARKET, BY APPLICATION, 2021-2030, MILLION USD

TABLE 5.    MULTI-PERIL CROP INSURANCE (MPCI) MARKET, BY REGION, 2021-2030, MILLION USD

TABLE 6.    CROP-HAIL INSURANCE MARKET, BY REGION, 2021-2030, MILLION USD

TABLE 7.    LIVESTOCK INSURANCE MARKET, BY REGION, 2021-2030, MILLION USD

TABLE 8.    OTHERS MARKET, BY REGION, 2021-2030, MILLION USD

TABLE 9.    GLOBAL CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL, 2021-2030, MILLION USD

TABLE 10. BANKS MARKET, BY REGION, 2021-2030, MILLION USD

TABLE 11. INSURANCE COMPANIES MARKET, BY REGION, 2021-2030, MILLION USD

TABLE 12. BROKERS/AGENTS MARKET, BY REGION, 2021-2030, MILLION USD

TABLE 13. OTHERS MARKET, BY REGION, 2021-2030, MILLION USD

TABLE 14. GLOBAL CROP INSURANCE MARKET, BY REGION, 2021-2030, MILLION USD

TABLE 15. NORTH AMERICA CROP INSURANCE MARKET, BY TYPE, 2021-2030, MILLION USD

TABLE 16. NORTH AMERICA CROP INSURANCE MARKET, BY APPLICATION, 2021-2030, MILLION USD

TABLE 17. NORTH AMERICA CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL, 2021-2030, MILLION USD

TABLE 18. NORTH AMERICA CROP INSURANCE MARKET, BY COUNTRY, 2021-2030, MILLION USD

TABLE 19. U.S. CROP INSURANCE MARKET, BY TYPE, 2021-2030, MILLION USD

TABLE 20. U.S. CROP INSURANCE MARKET, BY APPLICATION, 2021-2030, MILLION USD

TABLE 21. U.S. CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL, 2021-2030, MILLION USD

TABLE 22. CANADA CROP INSURANCE MARKET, BY TYPE, 2021-2030, MILLION USD

TABLE 23. CANADA CROP INSURANCE MARKET, BY APPLICATION, 2021-2030, MILLION USD

TABLE 24. CANADA CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL, 2021-2030, MILLION USD

TABLE 25. MEXICO CROP INSURANCE MARKET, BY TYPE, 2021-2030, MILLION USD

TABLE 26. MEXICO CROP INSURANCE MARKET, BY APPLICATION, 2021-2030, MILLION USD

TABLE 27. MEXICO CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL, 2021-2030, MILLION USD

TABLE 28. EUROPE CROP INSURANCE MARKET, BY TYPE, 2021-2030, MILLION USD

TABLE 29. EUROPE CROP INSURANCE MARKET, BY APPLICATION, 2021-2030, MILLION USD

TABLE 30. EUROPE CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL, 2021-2030, MILLION USD

TABLE 31. EUROPE CROP INSURANCE MARKET, BY COUNTRY, 2021-2030, MILLION USD

TABLE 32. GERMANY CROP INSURANCE MARKET, BY TYPE, 2021-2030, MILLION USD

TABLE 33. GERMANY CROP INSURANCE MARKET, BY APPLICATION, 2021-2030, MILLION USD

TABLE 34. GERMANY CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL, 2021-2030, MILLION USD

TABLE 35. UK CROP INSURANCE MARKET, BY TYPE, 2021-2030, MILLION USD

TABLE 36. UK CROP INSURANCE MARKET, BY APPLICATION, 2021-2030, MILLION USD

TABLE 37. UK CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL, 2021-2030, MILLION USD

TABLE 38. FRANCE CROP INSURANCE MARKET, BY TYPE, 2021-2030, MILLION USD

TABLE 39. FRANCE CROP INSURANCE MARKET, BY APPLICATION, 2021-2030, MILLION USD

TABLE 40. FRANCE CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL, 2021-2030, MILLION USD

TABLE 41. SPAIN CROP INSURANCE MARKET, BY TYPE, 2021-2030, MILLION USD

TABLE 42. SPAIN CROP INSURANCE MARKET, BY APPLICATION, 2021-2030, MILLION USD

TABLE 43. SPAIN CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL, 2021-2030, MILLION USD

TABLE 44. ITALY CROP INSURANCE MARKET, BY TYPE, 2021-2030, MILLION USD

TABLE 45. ITALY CROP INSURANCE MARKET, BY APPLICATION, 2021-2030, MILLION USD

TABLE 46. ITALY CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL, 2021-2030, MILLION USD

TABLE 47. NETHERLANDS CROP INSURANCE MARKET, BY TYPE, 2021-2030, MILLION USD

TABLE 48. NETHERLANDS CROP INSURANCE MARKET, BY APPLICATION, 2021-2030, MILLION USD

TABLE 49. NETHERLANDS CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL, 2021-2030, MILLION USD

TABLE 50. DENMARK CROP INSURANCE MARKET, BY TYPE, 2021-2030, MILLION USD

TABLE 51. DENMARK CROP INSURANCE MARKET, BY APPLICATION, 2021-2030, MILLION USD

TABLE 52. DENMARK CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL, 2021-2030, MILLION USD

TABLE 53. FINLAND CROP INSURANCE MARKET, BY TYPE, 2021-2030, MILLION USD

TABLE 54. FINLAND CROP INSURANCE MARKET, BY APPLICATION, 2021-2030, MILLION USD

TABLE 55. FINLAND CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL, 2021-2030, MILLION USD

TABLE 56. NORWAY CROP INSURANCE MARKET, BY TYPE, 2021-2030, MILLION USD

TABLE 57. NORWAY CROP INSURANCE MARKET, BY APPLICATION, 2021-2030, MILLION USD

TABLE 58. NORWAY CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL, 2021-2030, MILLION USD

TABLE 59. SWEDEN CROP INSURANCE MARKET, BY TYPE, 2021-2030, MILLION USD

TABLE 60. SWEDEN CROP INSURANCE MARKET, BY APPLICATION, 2021-2030, MILLION USD

TABLE 61. SWEDEN CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL, 2021-2030, MILLION USD

TABLE 62. RUSSIA CROP INSURANCE MARKET, BY TYPE, 2021-2030, MILLION USD

TABLE 63. RUSSIA CROP INSURANCE MARKET, BY APPLICATION, 2021-2030, MILLION USD

TABLE 64. RUSSIA CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL, 2021-2030, MILLION USD

TABLE 65. REST OF EUROPE CROP INSURANCE MARKET, BY TYPE, 2021-2030, MILLION USD

TABLE 66. REST OF EUROPE CROP INSURANCE MARKET, BY APPLICATION, 2021-2030, MILLION USD

TABLE 67. REST OF EUROPE CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL, 2021-2030, MILLION USD

TABLE 68. ASIA-PACIFIC CROP INSURANCE MARKET, BY TYPE, 2021-2030, MILLION USD

TABLE 69. ASIA-PACIFIC CROP INSURANCE MARKET, BY APPLICATION, 2021-2030, MILLION USD

TABLE 70. ASIA-PACIFIC CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL, 2021-2030, MILLION USD

TABLE 71. ASIA-PACIFIC CROP INSURANCE MARKET, BY COUNTRY, 2021-2030, MILLION USD

TABLE 72. CHINA CROP INSURANCE MARKET, BY TYPE, 2021-2030, MILLION USD

TABLE 73. CHINA CROP INSURANCE MARKET, BY APPLICATION, 2021-2030, MILLION USD

TABLE 74. CHINA CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL, 2021-2030, MILLION USD

TABLE 75. JAPAN CROP INSURANCE MARKET, BY TYPE, 2021-2030, MILLION USD

TABLE 76. JAPAN CROP INSURANCE MARKET, BY APPLICATION, 2021-2030, MILLION USD

TABLE 77. JAPAN CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL, 2021-2030, MILLION USD

TABLE 78. INDIA CROP INSURANCE MARKET, BY TYPE, 2021-2030, MILLION USD

TABLE 79. INDIA CROP INSURANCE MARKET, BY APPLICATION, 2021-2030, MILLION USD

TABLE 80. INDIA CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL, 2021-2030, MILLION USD

TABLE 81. AUSTRALIA CROP INSURANCE MARKET, BY TYPE, 2021-2030, MILLION USD

TABLE 82. AUSTRALIA CROP INSURANCE MARKET, BY APPLICATION, 2021-2030, MILLION USD

TABLE 83. AUSTRALIA CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL, 2021-2030, MILLION USD

TABLE 84. SOUTH KOREA CROP INSURANCE MARKET, BY TYPE, 2021-2030, MILLION USD

TABLE 85. SOUTH KOREA CROP INSURANCE MARKET, BY APPLICATION, 2021-2030, MILLION USD

TABLE 86. SOUTH KOREA CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL, 2021-2030, MILLION USD

TABLE 87. THAILAND CROP INSURANCE MARKET, BY TYPE, 2021-2030, MILLION USD

TABLE 88. THAILAND CROP INSURANCE MARKET, BY APPLICATION, 2021-2030, MILLION USD

TABLE 89. THAILAND CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL, 2021-2030, MILLION USD

TABLE 90. SINGAPORE CROP INSURANCE MARKET, BY TYPE, 2021-2030, MILLION USD

TABLE 91. SINGAPORE CROP INSURANCE MARKET, BY APPLICATION, 2021-2030, MILLION USD

TABLE 92. SINGAPORE CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL, 2021-2030, MILLION USD

TABLE 93. REST OF ASIA-PACIFIC CROP INSURANCE MARKET, BY TYPE, 2021-2030, MILLION USD

TABLE 94. REST OF ASIA-PACIFIC CROP INSURANCE MARKET, BY APPLICATION, 2021-2030, MILLION USD

TABLE 95. REST OF ASIA-PACIFIC CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL, 2021-2030, MILLION USD

TABLE 96. REST OF WORLD CROP INSURANCE MARKET, BY TYPE, 2021-2030, MILLION USD

TABLE 97. REST OF WORLD CROP INSURANCE MARKET, BY APPLICATION, 2021-2030, MILLION USD

TABLE 98. REST OF WORLD CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL, 2021-2030, MILLION USD

TABLE 99. REST OF WORLD CROP INSURANCE MARKET, BY COUNTRY, 2021-2030, MILLION USD

TABLE 100.  LATIN AMERICA CROP INSURANCE MARKET, BY TYPE, 2021-2030, MILLION USD

TABLE 101.  LATIN AMERICA CROP INSURANCE MARKET, BY APPLICATION, 2021-2030, MILLION USD

TABLE 102.  LATIN AMERICA CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL, 2021-2030, MILLION USD

TABLE 103.  MIDDLE EAST CROP INSURANCE MARKET, BY TYPE, 2021-2030, MILLION USD

TABLE 104.  MIDDLE EAST CROP INSURANCE MARKET, BY APPLICATION, 2021-2030, MILLION USD

TABLE 105.  MIDDLE EAST CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL, 2021-2030, MILLION USD

TABLE 106.  AFRICA CROP INSURANCE MARKET, BY TYPE, 2021-2030, MILLION USD

TABLE 107.  AFRICA CROP INSURANCE MARKET, BY APPLICATION, 2021-2030, MILLION USD

TABLE 108.  AFRICA CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL, 2021-2030, MILLION USD

TABLE 109.  SOMPO HOLDINGS, INC.: COMPANY SNAPSHOT

TABLE 110.  SOMPO HOLDINGS, INC.: OPERATING SEGMENTS

TABLE 111.  SOMPO HOLDINGS, INC.: PR0DUCT PORTFOLIO

TABLE 112.  SOMPO HOLDINGS, INC.: BUSINESS SEGMENT

TABLE 113.  SOMPO HOLDINGS, INC.: GEOGRAPHIC SEGMENT

TABLE 114.  SOMPO HOLDINGS, INC.: KEY STRATEGIC MOVES & DEVELOPMENTS

TABLE 115.  ZURICH INSURANCE GROUP: COMPANY SNAPSHOT

TABLE 116.  ZURICH INSURANCE GROUP: PRODUCT PORTFOLIO

TABLE 117.  ZURICH INSURANCE GROUP: OPERATING SEGMENTS

TABLE 118.  ZURICH INSURANCE GROUP: BUSINESS SEGMENT

TABLE 119.  ZURICH INSURANCE GROUP: GEOGRAPHIC SEGMENT

TABLE 120.  CHUBB LTD.: COMPANY SNAPSHOT

TABLE 121.  CHUBB LTD.: OPERATING SEGMENTS

TABLE 122.  CHUBB LTD.: PRODUCT PORTFOLIO

TABLE 123.  CHUBB LTD.: BUSINESS SEGMENT

TABLE 124.  CHUBB LTD.: GEOGRAPHIC SEGMENT

TABLE 125.  ADM: COMPANY SNAPSHOT

TABLE 126.  ADM: OPERATING SEGMENTS

TABLE 127.  ADM: PRODUCT PORTFOLIO

TABLE 128.  ADM: BUSINESS SEGMENT

TABLE 129.  ADM: GEOGRAPHIC SEGMENT

TABLE 130.  QBE INSURANCE GROUP LIMITED: COMPANY SNAPSHOT

TABLE 131.  QBE INSURANCE GROUP LIMITED: PRODUCT PORTFOLIO

TABLE 132.  QBE INSURANCE GROUP LIMITED: GEOGRAPHIC SEGMENT

TABLE 133.  ODYSSEY GROUP: COMPANY SNAPSHOT

TABLE 134.  ODYSSEY GROUP: PRODUCT PORTFOLIO

TABLE 135.  ODYSSEY GROUP: KEY STRATEGIC MOVES & DEVELOPMENTS

TABLE 136.  MUNICH RE GROUP: COMPANY SNAPSHOT

TABLE 137.  MUNICH RE GROUP: OPERATING SEGMENTS

TABLE 138.  MUNICH RE GROUP: PRODUCT PORTFOLIO

TABLE 139.  MUNICH RE GROUP: BUSINESS SEGMENT

TABLE 140.  MUNICH RE GROUP: KEY STRATEGIC MOVES & DEVELOPMENTS

TABLE 141.  TOKIO MARINE HOLDINGS: COMPANY SNAPSHOT

TABLE 142.  TOKIO MARINE HOLDINGS: OPERATING SEGMENTS

TABLE 143.  TOKIO MARINE HOLDINGS: PRODUCT PORTFOLIO

TABLE 144.  TOKIO MARINE HOLDINGS: BUSINESS SEGMENT

TABLE 145.  AXA XL: COMPANY SNAPSHOT

TABLE 146.  AXA XL: PRODUCT PORTFOLIO

TABLE 147.  HDFC ERGO: COMPANY SNAPSHOT

TABLE 148.  HDFC ERGO: OPERATING SEGMENTS

TABLE 149.  HDFC ERGO: PRODUCT PORTFOLIO

TABLE 150.  HDFC ERGO: BUSINESS SEGMENT

 

 

LIST OF FIGURES

FIGURE 1.  GLOBAL CROP INSURANCE MARKET, BY TYPE, 2021-2030, MILLION USD

FIGURE 2.  CROP YIELD INSURANCE MARKET, BY REGION, 2021-2030, MILLION USD

FIGURE 3.  CROP PRICE INSURANCE MARKET, BY REGION, 2021-2030, MILLION USD

FIGURE 4.  GLOBAL CROP INSURANCE MARKET, BY APPLICATION, 2021-2030, MILLION USD

FIGURE 5.  MULTI-PERIL CROP INSURANCE (MPCI) MARKET, BY REGION, 2021-2030, MILLION USD

FIGURE 6.  CROP-HAIL INSURANCE MARKET, BY REGION, 2021-2030, MILLION USD

FIGURE 7.  LIVESTOCK INSURANCE MARKET, BY REGION, 2021-2030, MILLION USD

FIGURE 8.  OTHERS MARKET, BY REGION, 2021-2030, MILLION USD

FIGURE 9.  GLOBAL CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL, 2021-2030, MILLION USD

FIGURE 10.  BANKS MARKET, BY REGION, 2021-2030, MILLION USD

FIGURE 11.  INSURANCE COMPANIES MARKET, BY REGION, 2021-2030, MILLION USD

FIGURE 12.  BROKERS/AGENTS MARKET, BY REGION, 2021-2030, MILLION USD

FIGURE 13.  OTHERS MARKET, BY REGION, 2021-2030, MILLION USD

FIGURE 14.  GLOBAL CROP INSURANCE MARKET, BY REGION, 2021-2030, MILLION USD

FIGURE 15.  NORTH AMERICA CROP INSURANCE MARKET, BY TYPE, 2021-2030, MILLION USD

FIGURE 16.  NORTH AMERICA CROP INSURANCE MARKET, BY APPLICATION, 2021-2030, MILLION USD

FIGURE 17.  NORTH AMERICA CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL, 2021-2030, MILLION USD

FIGURE 18.  NORTH AMERICA CROP INSURANCE MARKET, BY COUNTRY, 2021-2030, MILLION USD

FIGURE 19.  U.S. CROP INSURANCE MARKET, BY TYPE, 2021-2030, MILLION USD

FIGURE 20.  U.S. CROP INSURANCE MARKET, BY APPLICATION, 2021-2030, MILLION USD

FIGURE 21.  U.S. CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL, 2021-2030, MILLION USD

FIGURE 22.  CANADA CROP INSURANCE MARKET, BY TYPE, 2021-2030, MILLION USD

FIGURE 23.  CANADA CROP INSURANCE MARKET, BY APPLICATION, 2021-2030, MILLION USD

FIGURE 24.  CANADA CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL, 2021-2030, MILLION USD

FIGURE 25.  MEXICO CROP INSURANCE MARKET, BY TYPE, 2021-2030, MILLION USD

FIGURE 26.  MEXICO CROP INSURANCE MARKET, BY APPLICATION, 2021-2030, MILLION USD

FIGURE 27.  MEXICO CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL, 2021-2030, MILLION USD

FIGURE 28.  EUROPE CROP INSURANCE MARKET, BY TYPE, 2021-2030, MILLION USD

FIGURE 29.  EUROPE CROP INSURANCE MARKET, BY APPLICATION, 2021-2030, MILLION USD

FIGURE 30.  EUROPE CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL, 2021-2030, MILLION USD

FIGURE 31.  EUROPE CROP INSURANCE MARKET, BY COUNTRY, 2021-2030, MILLION USD

FIGURE 32.  GERMANY CROP INSURANCE MARKET, BY TYPE, 2021-2030, MILLION USD

FIGURE 33.  GERMANY CROP INSURANCE MARKET, BY APPLICATION, 2021-2030, MILLION USD

FIGURE 34.  GERMANY CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL, 2021-2030, MILLION USD

FIGURE 35.  UK CROP INSURANCE MARKET, BY TYPE, 2021-2030, MILLION USD

FIGURE 36.  UK CROP INSURANCE MARKET, BY APPLICATION, 2021-2030, MILLION USD

FIGURE 37.  UK CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL, 2021-2030, MILLION USD

FIGURE 38.  FRANCE CROP INSURANCE MARKET, BY TYPE, 2021-2030, MILLION USD

FIGURE 39.  FRANCE CROP INSURANCE MARKET, BY APPLICATION, 2021-2030, MILLION USD

FIGURE 40.  FRANCE CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL, 2021-2030, MILLION USD

FIGURE 41.  SPAIN CROP INSURANCE MARKET, BY TYPE, 2021-2030, MILLION USD

FIGURE 42.  SPAIN CROP INSURANCE MARKET, BY APPLICATION, 2021-2030, MILLION USD

FIGURE 43.  SPAIN CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL, 2021-2030, MILLION USD

FIGURE 44.  ITALY CROP INSURANCE MARKET, BY TYPE, 2021-2030, MILLION USD

FIGURE 45.  ITALY CROP INSURANCE MARKET, BY APPLICATION, 2021-2030, MILLION USD

FIGURE 46.  ITALY CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL, 2021-2030, MILLION USD

FIGURE 47.  NETHERLANDS CROP INSURANCE MARKET, BY TYPE, 2021-2030, MILLION USD

FIGURE 48.  NETHERLANDS CROP INSURANCE MARKET, BY APPLICATION, 2021-2030, MILLION USD

FIGURE 49.  NETHERLANDS CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL, 2021-2030, MILLION USD

FIGURE 50.  DENMARK CROP INSURANCE MARKET, BY TYPE, 2021-2030, MILLION USD

FIGURE 51.  DENMARK CROP INSURANCE MARKET, BY APPLICATION, 2021-2030, MILLION USD

FIGURE 52.  DENMARK CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL, 2021-2030, MILLION USD

FIGURE 53.  FINLAND CROP INSURANCE MARKET, BY TYPE, 2021-2030, MILLION USD

FIGURE 54.  FINLAND CROP INSURANCE MARKET, BY APPLICATION, 2021-2030, MILLION USD

FIGURE 55.  FINLAND CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL, 2021-2030, MILLION USD

FIGURE 56.  NORWAY CROP INSURANCE MARKET, BY TYPE, 2021-2030, MILLION USD

FIGURE 57.  NORWAY CROP INSURANCE MARKET, BY APPLICATION, 2021-2030, MILLION USD

FIGURE 58.  NORWAY CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL, 2021-2030, MILLION USD

FIGURE 59.  SWEDEN CROP INSURANCE MARKET, BY TYPE, 2021-2030, MILLION USD

FIGURE 60.  SWEDEN CROP INSURANCE MARKET, BY APPLICATION, 2021-2030, MILLION USD

FIGURE 61.  SWEDEN CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL, 2021-2030, MILLION USD

FIGURE 62.  RUSSIA CROP INSURANCE MARKET, BY TYPE, 2021-2030, MILLION USD

FIGURE 63.  RUSSIA CROP INSURANCE MARKET, BY APPLICATION, 2021-2030, MILLION USD

FIGURE 64.  RUSSIA CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL, 2021-2030, MILLION USD

FIGURE 65.  REST OF EUROPE CROP INSURANCE MARKET, BY TYPE, 2021-2030, MILLION USD

FIGURE 66.  REST OF EUROPE CROP INSURANCE MARKET, BY APPLICATION, 2021-2030, MILLION USD

FIGURE 67.  REST OF EUROPE CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL, 2021-2030, MILLION USD

FIGURE 68.  ASIA-PACIFIC CROP INSURANCE MARKET, BY TYPE, 2021-2030, MILLION USD

FIGURE 69.  ASIA-PACIFIC CROP INSURANCE MARKET, BY APPLICATION, 2021-2030, MILLION USD

FIGURE 70.  ASIA-PACIFIC CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL, 2021-2030, MILLION USD

FIGURE 71.  ASIA-PACIFIC CROP INSURANCE MARKET, BY COUNTRY, 2021-2030, MILLION USD

FIGURE 72.  CHINA CROP INSURANCE MARKET, BY TYPE, 2021-2030, MILLION USD

FIGURE 73.  CHINA CROP INSURANCE MARKET, BY APPLICATION, 2021-2030, MILLION USD

FIGURE 74.  CHINA CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL, 2021-2030, MILLION USD

FIGURE 75.  JAPAN CROP INSURANCE MARKET, BY TYPE, 2021-2030, MILLION USD

FIGURE 76.  JAPAN CROP INSURANCE MARKET, BY APPLICATION, 2021-2030, MILLION USD

FIGURE 77.  JAPAN CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL, 2021-2030, MILLION USD

FIGURE 78.  INDIA CROP INSURANCE MARKET, BY TYPE, 2021-2030, MILLION USD

FIGURE 79.  INDIA CROP INSURANCE MARKET, BY APPLICATION, 2021-2030, MILLION USD

FIGURE 80.  INDIA CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL, 2021-2030, MILLION USD

FIGURE 81.  AUSTRALIA CROP INSURANCE MARKET, BY TYPE, 2021-2030, MILLION USD

FIGURE 82.  AUSTRALIA CROP INSURANCE MARKET, BY APPLICATION, 2021-2030, MILLION USD

FIGURE 83.  AUSTRALIA CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL, 2021-2030, MILLION USD

FIGURE 84.  SOUTH KOREA CROP INSURANCE MARKET, BY TYPE, 2021-2030, MILLION USD

FIGURE 85.  SOUTH KOREA CROP INSURANCE MARKET, BY APPLICATION, 2021-2030, MILLION USD

FIGURE 86.  SOUTH KOREA CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL, 2021-2030, MILLION USD

FIGURE 87.  THAILAND CROP INSURANCE MARKET, BY TYPE, 2021-2030, MILLION USD

FIGURE 88.  THAILAND CROP INSURANCE MARKET, BY APPLICATION, 2021-2030, MILLION USD

FIGURE 89.  THAILAND CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL, 2021-2030, MILLION USD

FIGURE 90.  SINGAPORE CROP INSURANCE MARKET, BY TYPE, 2021-2030, MILLION USD

FIGURE 91.  SINGAPORE CROP INSURANCE MARKET, BY APPLICATION, 2021-2030, MILLION USD

FIGURE 92.  SINGAPORE CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL, 2021-2030, MILLION USD

FIGURE 93.  REST OF ASIA-PACIFIC CROP INSURANCE MARKET, BY TYPE, 2021-2030, MILLION USD

FIGURE 94.  REST OF ASIA-PACIFIC CROP INSURANCE MARKET, BY APPLICATION, 2021-2030, MILLION USD

FIGURE 95.  REST OF ASIA-PACIFIC CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL, 2021-2030, MILLION USD

FIGURE 96.  REST OF WORLD CROP INSURANCE MARKET, BY TYPE, 2021-2030, MILLION USD

FIGURE 97.  REST OF WORLD CROP INSURANCE MARKET, BY APPLICATION, 2021-2030, MILLION USD

FIGURE 98.  REST OF WORLD CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL, 2021-2030, MILLION USD

FIGURE 99.  REST OF WORLD CROP INSURANCE MARKET, BY COUNTRY, 2021-2030, MILLION USD

FIGURE 100.            LATIN AMERICA CROP INSURANCE MARKET, BY TYPE, 2021-2030, MILLION USD

FIGURE 101.            LATIN AMERICA CROP INSURANCE MARKET, BY APPLICATION, 2021-2030, MILLION USD

FIGURE 102.            LATIN AMERICA CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL, 2021-2030, MILLION USD

FIGURE 103.            MIDDLE EAST CROP INSURANCE MARKET, BY TYPE, 2021-2030, MILLION USD

FIGURE 104.            MIDDLE EAST CROP INSURANCE MARKET, BY APPLICATION, 2021-2030, MILLION USD

FIGURE 105.            MIDDLE EAST CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL, 2021-2030, MILLION USD

FIGURE 106.            AFRICA CROP INSURANCE MARKET, BY TYPE, 2021-2030, MILLION USD

FIGURE 107.            AFRICA CROP INSURANCE MARKET, BY APPLICATION, 2021-2030, MILLION USD

FIGURE 108.            AFRICA CROP INSURANCE MARKET, BY DISTRIBUTION CHANNEL, 2021-2030, MILLION USD

FIGURE 109.            SOMPO HOLDINGS, INC.: NET SALES, 2020–2022 (USD MILLION)

FIGURE 110.            SOMPO HOLDINGS INC.: PRIMARY MARKET COMPETITORS

FIGURE 111.            ZURICH INSURANCE GROUP: NET SALES, 2019–2021 (USD MILLION)

FIGURE 112.            ZURICH INSURANCE GROUP.: PRIMARY MARKET COMPETITORS

FIGURE 113.            CHUBB LTD.: NET SALES, 2019–2021 ($MILLION)

FIGURE 114.            CHUBB LIMITED.: PRIMARY MARKET COMPETITORS

FIGURE 115.            ADM: NET SALES, 2019–2021 ($MILLION)

FIGURE 116.            ADM: KEY STRATEGIC MOVES & DEVELOPMENTS

FIGURE 117.            ADM: PRIMARY MARKET COMPETITORS

FIGURE 118.            QBE INSURANCE GROUP LIMITED: NET SALES, 2019–2021 ($MILLION)

FIGURE 119.            QBE INSURANCE GROUP LIMITED: KEY STRATEGIC MOVES & DEVELOPMENTS

FIGURE 120.            QBE INSURANCE GROUP LIMITED: PRIMARY MARKET COMPETITORS

FIGURE 121.            ODYSSEY GROUP: NET SALES, 2019–2021 ($MILLION)

FIGURE 122.            ODYSSEY GROUP: PRIMARY MARKET COMPETITORS

FIGURE 123.            MUNICH RE GROUP: NET SALES, 2019–2021 ($MILLION)

FIGURE 124.            MUNICH RE GROUP: PRIMARY MARKET COMPETITORS

FIGURE 125.            TOKIO MARINE HOLDINGS: NET SALES, 2019–2021 ($MILLION)

FIGURE 126.            TOKIO MARINE HOLDINGS: PRIMARY MARKET COMPETITORS

FIGURE 127.            AXA XL: NET SALES, 2019–2021 (USD MILLION)

FIGURE 128.            AXA XL: PRIMARY MARKET COMPETITORS

FIGURE 129.            HDFC ERGO, 2019–2021 (USD MILLION)

FIGURE 130.            HDFC ERGO: PRIMARY MARKET COMPETITORS

Key Market Players

  • ADM

  • Sompo Holdings Inc

  • AXA XL

  • Chubb Limited

  • HDFC Ergo

  • Munich Re Group

  • Odyssey Group

  • QBE Insurance Group Limited

  • Tokio Marine Holdings, Inc

  • Zurich Insurance Group


Frequently Asked Questions
What segments are covered in the Crop Insurance Market report?

The Global Crop Insurance Market is segmented on the basis of Type, Application and Distribution Channel.

The top players operating in the Crop Insurance Market are ADM, Sompo Holdings Inc, AXA XL, Chubb Limited, HDFC Ergo, Munich Re Group, Odyssey Group, QBE Insurance Group Limited, Tokio Marine Holdings

The top players operating in the Crop Insurance Market are ADM, Sompo Holdings Inc, AXA XL, Chubb Limited, HDFC Ergo, Munich Re Group, Odyssey Group, QBE Insurance Group Limited, Tokio Marine Holdings, Inc, and Zurich Insurance Group.

Which region is dominating a significant share in the Crop Insurance industry?

North America shows a significant share in the Crop Insurance industry.

What is the projected market size & growth rate of the Crop Insurance Market?

The Global Crop Insurance Market size was valued at USD 37.91 billion in 2022, and is projected to reach USD 59.89 billion by 2030, with a CAGR of 6.1% from 2023 to 2030.

What are the key industry trends of the global crop insurance market?

The market is anticipated to be driven by the customization of crop insurance through artificial intelligence (AI) and the widespread adoption of drone technology for effective loss analysis.