Property and Casualty Insurance Market Size, Share, and Trends 2025 to 2034

The global property and casualty insurance market is projected to grow from USD 4.30 trillion in 2025 to USD 8.81 trillion by 2034, expanding at a CAGR of 8.30% during the forecast period. Growth is fueled by increasing awareness of insurance benefits, digitalization of services, mandatory vehicle policies, and the integration of technologies like AI and cloud computing across major markets.

Last Updated : July 2025  |  Report Code : 4156  |  Category : ICT  |  Format : PDF / PPT / Excel

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Property and Casualty Insurance Market 

5.1. COVID-19 Landscape: Property and Casualty Insurance Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Property and Casualty Insurance Market, By Product

8.1. Property and Casualty Insurance Market, by Product

8.1.1 Homeowners Insurance

8.1.1.1. Market Revenue and Forecast

8.1.2. Renters Insurance

8.1.2.1. Market Revenue and Forecast

8.1.3. Condo Insurance

8.1.3.1. Market Revenue and Forecast

8.1.4. Landlord Insurance

8.1.4.1. Market Revenue and Forecast

8.1.5. Others

8.1.5.1. Market Revenue and Forecast

Chapter 9. Global Property and Casualty Insurance Market, By Distribution

9.1. Property and Casualty Insurance Market, by Distribution

9.1.1. Tied Agents and Branches

9.1.1.1. Market Revenue and Forecast

9.1.2. Brokers

9.1.2.1. Market Revenue and Forecast

9.1.3. Others

9.1.3.1. Market Revenue and Forecast

Chapter 10. Global Property and Casualty Insurance Market, By End-users 

10.1. Property and Casualty Insurance Market, by End-users

10.1.1. Individuals

10.1.1.1. Market Revenue and Forecast

10.1.2. Governments

10.1.2.1. Market Revenue and Forecast

10.1.3. Businesses

10.1.3.1. Market Revenue and Forecast

Chapter 11. Global Property and Casualty Insurance Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Forecast, by Product

11.1.2. Market Revenue and Forecast, by Distribution

11.1.3. Market Revenue and Forecast, by End-users

11.1.4. U.S.

11.1.4.1. Market Revenue and Forecast, by Product

11.1.4.2. Market Revenue and Forecast, by Distribution

11.1.4.3. Market Revenue and Forecast, by End-users

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Forecast, by Product

11.1.5.2. Market Revenue and Forecast, by Distribution

11.1.5.3. Market Revenue and Forecast, by End-users

11.2. Europe

11.2.1. Market Revenue and Forecast, by Product

11.2.2. Market Revenue and Forecast, by Distribution

11.2.3. Market Revenue and Forecast, by End-users

11.2.4. UK

11.2.4.1. Market Revenue and Forecast, by Product

11.2.4.2. Market Revenue and Forecast, by Distribution

11.2.4.3. Market Revenue and Forecast, by End-users

11.2.5. Germany

11.2.5.1. Market Revenue and Forecast, by Product

11.2.5.2. Market Revenue and Forecast, by Distribution

11.2.5.3. Market Revenue and Forecast, by End-users

11.2.6. France

11.2.6.1. Market Revenue and Forecast, by Product

11.2.6.2. Market Revenue and Forecast, by Distribution

11.2.6.3. Market Revenue and Forecast, by End-users

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Forecast, by Product

11.2.7.2. Market Revenue and Forecast, by Distribution

11.2.7.3. Market Revenue and Forecast, by End-users

11.3. APAC

11.3.1. Market Revenue and Forecast, by Product

11.3.2. Market Revenue and Forecast, by Distribution

11.3.3. Market Revenue and Forecast, by End-users

11.3.4. India

11.3.4.1. Market Revenue and Forecast, by Product

11.3.4.2. Market Revenue and Forecast, by Distribution

11.3.4.3. Market Revenue and Forecast, by End-users

11.3.5. China

11.3.5.1. Market Revenue and Forecast, by Product

11.3.5.2. Market Revenue and Forecast, by Distribution

11.3.5.3. Market Revenue and Forecast, by End-users

11.3.6. Japan

11.3.6.1. Market Revenue and Forecast, by Product

11.3.6.2. Market Revenue and Forecast, by Distribution

11.3.6.3. Market Revenue and Forecast, by End-users

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Forecast, by Product

11.3.7.2. Market Revenue and Forecast, by Distribution

11.3.7.3. Market Revenue and Forecast, by End-users

11.4. MEA

11.4.1. Market Revenue and Forecast, by Product

11.4.2. Market Revenue and Forecast, by Distribution

11.4.3. Market Revenue and Forecast, by End-users

11.4.4. GCC

11.4.4.1. Market Revenue and Forecast, by Product

11.4.4.2. Market Revenue and Forecast, by Distribution

11.4.4.3. Market Revenue and Forecast, by End-users

11.4.5. North Africa

11.4.5.1. Market Revenue and Forecast, by Product

11.4.5.2. Market Revenue and Forecast, by Distribution

11.4.5.3. Market Revenue and Forecast, by End-users

11.4.6. South Africa

11.4.6.1. Market Revenue and Forecast, by Product

11.4.6.2. Market Revenue and Forecast, by Distribution

11.4.6.3. Market Revenue and Forecast, by End-users

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Forecast, by Product

11.4.7.2. Market Revenue and Forecast, by Distribution

11.4.7.3. Market Revenue and Forecast, by End-users

11.5. Latin America

11.5.1. Market Revenue and Forecast, by Product

11.5.2. Market Revenue and Forecast, by Distribution

11.5.3. Market Revenue and Forecast, by End-users

11.5.4. Brazil

11.5.4.1. Market Revenue and Forecast, by Product

11.5.4.2. Market Revenue and Forecast, by Distribution

11.5.4.3. Market Revenue and Forecast, by End-users

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Forecast, by Product

11.5.5.2. Market Revenue and Forecast, by Distribution

11.5.5.3. Market Revenue and Forecast, by End-users

Chapter 12. Company Profiles

12.1. Chubb

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. USAA Insurance Company

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. The Travelers Indemnity Company

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. CNA Financial Corp.

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. Liberty Mutual Insurance Company

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Farmers Insurance Group of Companies

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. State Farm Mutual Automobile Insurance Company

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. Berkshire Hathaway Specialty Insurance

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Progressive Casualty Insurance Company

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Allstate Insurance Company

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

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Frequently Asked Questions

The global property and casualty insurance market size is expected to increase USD 8.81 trillion by 2034 from USD 3.97 trillion in 2024.

The global property and casualty insurance market will register a growth rate of 8.30% between 2025 and 2034.

The major players operating in the property and casualty insurance market are Chubb, USAA Insurance Company, The Travelers Indemnity Company, CNA Financial Corp., Liberty Mutual Insurance Company, Farmers Insurance Group of Companies, State Farm Mutual Automobile Insurance Company, Berkshire Hathaway Specialty Insurance, Progressive Casualty Insurance Company, Allstate Insurance Company and Others.

The driving factors of the property and casualty insurance market are the benefits of different insurance and the rise in cloudification and digital workplace adoption.

North America region will lead the global property and casualty insurance market during the forecast period 2025 to 2034.

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