Property And Casualty Insurance Market Projected To Raise At USD 6,180.14 Billion By 2030
San Francisco, 11 March 2024: The Report Property And Casualty Insurance Market Size, Share & Trends Analysis Report By Product Type, By Distribution Channel (Tied Agents and Branches, Brokers), By End-user, By Region, And Segment Forecasts, 2024 - 2030 The global property and casualty insurance market is anticipated to reach USD 6,180.14 billion by 2030 and is anticipated to expand at a CAGR of 7.9% from 2024 to 2030, according to a new report by Grand View Research, Inc. Technological progress, rapidly evolving consumer behavior and the intricate nature of purchasing insurance have prompted property & casualty insurance providers to explore embedded insurance offerings seamlessly into their business framework, particularly for personal and small commercial lines. For instance, as per the World Insurtech Report 2021, traditional insurers are adopting novel business models, with at least half of their customers showing a willingness to purchase insurance, encompassing embe