The Worldwide Microinsurance Industry is Expected to Grow at a CAGR of 13.5% Between 2020 and 2026


Dublin, Dec. 03, 2020 (GLOBE NEWSWIRE) -- The "Global Microinsurance Market: Growth, Trends, Competitive Landscape, and Forecasts" report has been added to ResearchAndMarkets.com's offering.

The global microinsurance market is expected to grow at a CAGR of around 13.5% during 2020-2026. As an aspect of microfinance, the coverage provided to low income households with restricted access to income and low value assets is microinsurance. By formulating a personalised package with low premiums, it supports people belonging to the financially poorer segment of society and offers coverage for sickness, accident, disability and death. It also tackles various property threats against crops, livestock and burning.

The global microinsurance market report elucidates key industry trends, industry dynamics along with the quantitative analysis of the report. The report presents a clear picture of the global microinsurance market by segmenting the market based on product type, provider, model type and region. We believe that this report will aid the professionals and industry stakeholders in making informed decision.

Market Drivers

  • Micro Insurance is Affordable and has Transparent Dynamics
  • Safeguard Against Exorbitant Medical Bills
  • Preference amongst Individuals in Higher Income Segments
  • Microinsurance Products tend to be Much Less Costly than Traditional Products

Market Challenges

  • Stringent Government Regulations

Product Type Segmentation

  • Property Insurance
  • Health Insurance
  • Life Insurance
  • Index Insurance
  • Accidental Death and Disability Insurance
  • Others

Provider Segmentation

  • Microinsurance (Commercially Viable)
  • Microinsurance Through Aid/Government Support

Model Type Segmentation

  • Partner Agent Model
  • Full-Service Model
  • Provider Driven Model
  • Community-Based/Mutual Model
  • Others

Key Topics Covered:

1. Preface
1.1 Report Description
1.1.1 Objective of the Study
1.1.2 Target Audience
1.1.3 USP & Key Offerings
1.2 Report's Scope
1.3 Research Methodology
1.3.1 Phase I - Secondary Research
1.3.2 Phase II - Primary Research
1.3.3 Phase III - Expert Interviews
1.3.4 Assumptions

2. Executive Summary

3. Global Microinsurance Market
3.1 Introduction
3.2 Market Drivers & Challenges

4. Global Microinsurance Market Analysis
4.1 Market Portraiture
4.2 Market by Product Type
4.3 Market by Provider
4.4 Market by Model Type
4.5 Market by Region
4.6 Impact of COVID-19

5. Global Microinsurance Market by Product Type
5.1 Market Overview
5.2 Property Insurance
5.3 Health Insurance
5.4 Life Insurance
5.5 Index Insurance
5.6 Accidental Death and Disability Insurance
5.7 Others

6. Global Microinsurance Market by Provider
6.1 Market Overview
6.2 Microinsurance (Commercially Viable)
6.3 Microinsurance through Aid/Government Support

7. Global Microinsurance Market by Model Type
7.1 Market Overview
7.2 Partner Agent Model
7.3 Full-Service Model
7.4 Provider Driven Model
7.5 Community-Based/Mutual Model
7.6 Others

8. Global Microinsurance Market by Region
8.1 Market Overview
8.2 Europe
8.2.1 Germany
8.2.2 United Kingdom
8.2.3 France
8.2.4 Italy
8.2.5 Spain
8.2.6 Netherlands
8.2.7 Russia
8.2.8 Rest of the Europe
8.3 North America
8.3.1 United States
8.3.2 Canada
8.4 Asia Pacific
8.4.1 China
8.4.2 Japan
8.4.3 South Korea
8.4.4 Australia
8.4.5 India
8.4.6 Indonesia
8.4.7 Rest of the Asia Pacific
8.5 Latin America
8.5.1 Mexico
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Rest of Latin America
8.6 Middle East & Africa
8.6.1 Saudi Arabia
8.6.2 Turkey
8.6.3 United Arab Emirates
8.6.4 Rest of Middle East & Africa

9. SWOT Analysis

10. Porter's Five Forces

11. Market Value Chain Analysis

12. Competitive Landscape
12.1 Competitive Scenario
12.2 Company Profiles
12.2.1 Albaraka
12.2.2 Amhara Credit and Savings Institution
12.2.3 ASA.
12.2.4 Banco do Nordeste
12.2.5 Bandhan Financial Services
12.2.6 FundaciOn de la Mujer

For more information about this report visit https://www.researchandmarkets.com/r/vsq8so

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