BFSI Industry Reports

The global horse insurance market is expanding, driven by rising equine ownership. Providers offer diverse coverage options to safeguard against accidents, illnesses, and theft, catering to the growing demand. According to TechSci Research report, “ Global Horse Insurance Market - Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028 ”, the Global Horse Insurance Market stood at USD 476.5 Million in 2022 and is anticipated to grow with a CAGR of 13.08% in the forecast period, 2024-2028. The Global Horse Insurance Market is driven by increasing equine ownership, a growing equestrian sports industry, diverse coverage options, urbanization leading to leisure horse ownership, and specialized providers. It's marked by challenges such as high veterinary costs, valuation disputes, high-risk equine activities, geographic variations, and the need to adapt to emerging trends. Trends include customized coverage solutions, technology integration, sustainability con...

Global entertainment insurance provides coverage for various risks in the entertainment industry, including film production, live events, and music tours, safeguarding against financial losses and unforeseen disruptions. According to TechSci Research report, “ Global Entertainment Insurance Market - Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028 ”, the Global Entertainment Insurance Market stood at USD 3.4 Billion in 2022 and is anticipated to grow with a CAGR of 20.14% in the forecast period, 2024-2028. The Global Entertainment Insurance Market faces significant challenges and opportunities. Rapid technological advancements, like AI-generated content, present intellectual property risks, while pandemics and climate change disrupt productions and events. The industry's push for diversity and inclusion requires policies addressing discrimination and reputational risks. Additionally, streaming platforms' dominance and globalization necessitate upda...

The global critical illness insurance market is expanding rapidly, driven by rising healthcare costs and increasing awareness of the financial risks associated with serious illnesses. According to TechSci Research report, “ Global Critical Illness Insurance Market - Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028 ”, the Global Critical Illness Insurance Market stood at USD 3.4 Billion in 2022 and is anticipated to grow with a CAGR of 20.14% in the forecast period, 2024-2028. The Global Critical Illness Insurance Market is experiencing robust growth driven by rising healthcare costs and increased awareness of the financial risks tied to severe illnesses. Advances in medical technology and evolving insurance offerings, including customization and innovation, have expanded the market's appeal. Additionally, the aging population and the emergence of a middle class in emerging economies further fuel the demand for critical illness insurance. Intense ma...

Increasing commercialization of the EV industry and the development of new EV insurance products and services are factors driving the global EV Insurance market in the forecast period 2024-2028. According to TechSci Research report, “ Global EV Insurance Market - Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028 ”, the Global EV Insurance Market stood at USD 53.34 billion in 2022 and is anticipated to grow with a CAGR of 15.38% in the forecast period, 2024-2028. Global EV insurance is an evolving sector within the insurance industry, shaped by the rapid growth of electric vehicles (EVs) worldwide. Insurers are adapting to the unique risks and needs of EV owners, offering specialized coverage for components like batteries and charging equipment. Innovative policies, including usage-based insurance and incentives for eco-friendly driving, promote sustainability and responsible behavior among policyholders. Insurers are forming partnerships with automakers ...

Growing concerns about livestock diseases and changing climate conditions are factors driving the global livestock insurance market in the forecast period 2024-2028. According to TechSci Research report, “ Global Livestock Insurance Market - Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028 ”, the Global Livestock Insurance Market stood at USD 3.21 billion in 2022 and is anticipated to grow with a CAGR of 7.65% in the forecast period, 2024-2028. Global livestock insurance provides essential financial protection for livestock farmers against various risks. It encompasses coverage for perils like disease outbreaks, natural disasters, and market fluctuations that can threaten livestock and livelihoods. This insurance promotes food security, rural development, and resilience in the face of climate change and emerging diseases. Key trends include the increasing demand for coverage driven by climate-related risks, digitalization enhancing data-driven approache...

Increasing urbanization and homeownership and rising demand for customized insurance products are factors driving the global home insurance market in the forecast period 2024-2028. According to TechSci Research report, “ Global Home Insurance Market - Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028 ”, the Global Home Insurance Market stood at USD 231.24 billion in 2022 and is anticipated to grow with a CAGR of 8.34% in the forecast period, 2024-2028. Global home insurance, also known as homeowners' or property insurance, is a vital financial protection policy that covers homeowners against a wide range of risks associated with residential properties worldwide. It provides coverage for property damage from perils like fire, theft, natural disasters, and accidents. Additionally, it offers liability protection in case of injuries or damages to others on the property. Global home insurance is essential for safeguarding homeowners' investments and finan...