How big is the Asia-Pacific Car Insurance Market?

The Asia-Pacific Car Insurance Market size is expected to reach USD 181.18 billion in 2024 and grow at a CAGR of 5.45% to reach USD 236.23 billion by 2029. Read More

What is the current Asia-Pacific Car Insurance Market size?

In 2024, the Asia-Pacific Car Insurance Market size is expected to reach USD 181.18 billion. Read More

Who are the key players in Asia-Pacific Car Insurance Market?

Ping An Insurance, PICC, Tokio Marine, MS&AD Insurance Group and Sompo Japan Nipponkoa Insurance are the major companies operating in the Asia-Pacific Car Insurance Market. Read More

What years does this Asia-Pacific Car Insurance Market cover, and what was the market size in 2023?

In 2023, the Asia-Pacific Car Insurance Market size was estimated at USD 171.31 billion. The report covers the Asia-Pacific Car Insurance Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Asia-Pacific Car Insurance Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Asia-Pacific Car InsuranceMarket Size & Share Analysis - Industry Research Report

Asia Pacific Car Insurance Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Asia-Pacific Car Insurance Market is Segmented by Coverage (third-Party Liability Coverage, Collision/comprehensive/other Optional Coverage), Application (personal Vehicles, Commercial Vehicles), Distribution Channel (direct Sales, Individual Agents, Brokers, Banks, Online, Other Distribution Channels), and Country (China, Japan, India, South Korea, and the Rest of Asia-Pacific). The Report Offers Market Size and Forecasts for the Asia-Pacific Car Insurance Market in Value (USD) for all the Above Segments.

Asia-Pacific Car Insurance Industry Overview

The Asia-Pacific car insurance market is fragmented, with a large number of players existing in the region. Technology and product innovation by the insurance providers are leading to an offering of a wide range of insurance protection with the convenience of buying, renewing, and claiming car insurance through online channels. Some of the existing players in the Asia-Pacific car insurance market are Ping An Insurance, PICC, Tokio Marine, MS&AD Insurance Group, and Sompo Japan Nipponkoa Insurance.