Albany, NY, May 16, 2016 (GLOBE NEWSWIRE) -- A property insurance policy covers any loss or damage to personal or commercial property. It also insures against loss or damage to the contents that are kept on the property and are under the control of the customers. However, if the property is given on rent or lease, the owner is expected to take appropriate insurance by the terms of the lease or contract. The more kind of loss the policy covers, the higher the premium.
The global property insurance market to grow at a CAGR of 5.6% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global property insurance market for 2016-2020. To calculate the market size, the report considers two types of property insurance premium: personal and commercial.
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The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
Technavio's report, Global Property Insurance Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
- Allstate Insurance
- American International Group (AIG)
- Berkshire Hathaway Homestate
- Liberty Mutual
View TOC (table of content), Figures and Tables of the Report:http://www.researchmoz.us/global-property-insurance-market-2016-2020-report.html
Key questions answered in this report:-
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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