Microinsurance Market by Product Type, Type, and Geography - Forecast and Analysis 2023-2027

Published: May 2023

Pages: 167

SKU: IRTNTR71515

Snapshot

The microinsurance market is estimated to grow at a CAGR of 6.6% between 2022 and 2027, and the size of the market is forecasted to increase by USD 30.39 billion. The growth of the market depends on several factors, including the increasing demand for insurance policies, the increase in uncertain catastrophic events, and the increasing government regulations on mandatory insurance coverage in developing countries.

This report extensively covers market segmentation by product type (property insurance, health insurance, life insurance, index insurance, and others), type (microinsurance (commercially viable) and microinsurance through aid or government support), and geography (APAC, North America, Europe, South America, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

What will be the Size of the Microinsurance Market During the Forecast Period?

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Technavio’s Exclusive Microinsurance Market Customer Landscape

The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Microinsurance Market Customer Landscape

Key Drivers, Trends, and Challenges

Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Driver

The increasing demand for insurance policies is driving market growth. Buying an insurance policy is a key financial decision for many customers. Microinsurance firms are creating actuarial models and effective sales strategies. They are adopting more efficient pricing policies owing to a shift in demographics. The aging Baby Boomer population and the rising spending power of the Millennials are leading to growth opportunities for companies that sell medical, life, accident, and other insurance.

The demand for microinsurance products has increased, as they include security services and personalized financial services. Customers are looking for microinsurance policies that are cost-effective. Moreover, microinsurance firms are investing in innovative insurance products and services to tap the high growth potential in emerging markets. Thus, increasing awareness about the benefits of microinsurance policies will increase their demand during the forecast period.

Significant Trends

The digitalization of the insurance industry is a key trend in the market. The insurance industry has adopted digitalization in recent years, which has led to significant changes in the market. Microinsurance companies are focusing on providing convenient, efficient, and personalized services to their clients. Digitalization has made it easier for customers to access and purchase insurance policies. Moreover, the advent of digitalization has led to the emergence of insurance companies that use advanced technologies to offer innovative and tailored microinsurance products and services.

With the adoption of digitization, customers can easily compare different microinsurance policies and select the one that suits their requirements. Digitalization has also helped microinsurance companies in collecting and analyzing large amounts of data. This enables them to understand the needs and preferences of their clients efficiently. Microinsurance companies can use AI to provide personalized and targeted policies and pricing, and risk management, which increases customer satisfaction. These factors are expected to drive the growth of the global microinsurance market during the forecast period.

Major Challenge

Data privacy and security concerns are challenging market growth. Technological advances have led to the use of online and on-device data storage. The insurance industry relies on technology for various applications, including processing systems, online data, and electronic communication. However, this makes the data vulnerable to cyber theft and hacking. Any failure in cybersecurity or the misuse of data can result in huge financial losses.

The spread of COVID-19 worldwide compelled people to work remotely. Various organizations shifted to remote working models even after the removal of lockdown measures. This increased cybersecurity and data privacy risks for businesses. During the COVID-19 pandemic, there were several attempts by cyber criminals to exploit vulnerabilities. Such issues can cause a loss of revenue to vendors operating in the microinsurance market. These factors are expected to hamper the growth of the global microinsurance market during the forecast period.

Who are the Major Microinsurance Market Vendors?

Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

BRAC International Holdings B.V. - The company offers microinsurance, which enables households to safeguard their finances and cope with immediate financial shocks in the event of the death of an earning family member. Under the microfinance segment, the company focuses on serving a large number of poor people with reliable access to cost-effective financial services by providing capital support to borrowers for creating livelihoods.

Hollard Insurance Group - The company offers microinsurance for the protection of low-income people, with affordable insurance products to help them cope with and recover from financial losses. The company also focuses on providing short-term life insurance as well as investment products to a diverse customer base, including individual consumers, commercial entities, and corporate clients.

We also have detailed analyses of the market’s competitive landscape and offer information on 20 market vendors, including:

The report offers clients a deeper understanding of the market and its players through a combined qualitative and quantitative analysis of the vendors. The analysis classifies vendors into categories based on their business approach, including pure-play, category-focused, industry-focused, and diversified. Vendors are specially categorized into dominant, leading, strong, tentative, and weak to understand the dos and don’ts of business which in turn can help a client make the best decision.

Microinsurance Market Segmentation by Product Type, Type, and Geography

Product Type Segment Analysis

The property insurance segment will account for a significant share of market growth during the forecast period. Property insurance refers to a policy that provides financial compensation to owners or tenants of buildings and their contents in the event of damage or theft.

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The property insurance segment was valued at USD 20.36 billion in 2017 and continued to grow until 2021. Replacement cost coverage covers the costs of repairing or replacing damaged or lost property, regardless of depreciation or appreciation. Premiums for this type of coverage are based on replacement costs. Actual monetary value coverage covers replacement costs excluding depreciation. The extended replacement cost is above the coverage limit if the construction cost has increased and does not exceed 25% of the limit value. The limit is the maximum amount of benefit that an insurance company pays for in a specific situation or event. Limits also include age limits that are below or above the age at which an insurance company does not issue or continue a policy. These factors are expected to drive the growth of the segment during the forecast period.

Type Segment Analysis

The microinsurance (commercially viable) segment will account for a significant share of market growth during the forecast period. Microinsurance refers to insurance products that are designed to provide coverage for low-income individuals and families. These schemes generally offer coverage for risks such as illnesses, injuries, death, and property damage. Some of the commercially available microinsurance products include property insurance, health insurance, life insurance, and index insurance. Many microinsurance policies provide access to healthcare services. These factors will drive the growth of the segment during the forecast period.

Regional Analysis

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APAC is estimated to contribute 45% to the growth by 2027. Technavio’s analysts have elaborately explained the regional trends, drivers, and challenges that are expected to shape the market during the forecast period.

The market growth in APAC is attributed to various factors, such as the growth of the developing economies, low penetration of insurance, and an expanding middle-class population. The rise in disposable incomes is expected to fuel the demand for insurance products and innovations in the market. Advances in digital technology and the growing youth population are leading to high customer expectations. As a result, companies are offering innovative insurance products and digitally-enabled business models. Rapid urbanization is also driving market growth in the region. The demand for microinsurance products and services increases as people move from rural areas to cities. The aging population in the region is also contributing to market growth, as this population is more prone to illnesses and other health-related issues. This has increased demand for health insurance products, such as microinsurance. Such factors will drive the growth of the regional market during the forecast period.

Covid Recovery Analysis

The outbreak of the COVID-19 pandemic in 2020 had an adverse impact on several countries, with the imposition of stringent lockdowns to contain the spread of the disease. However, the pandemic led to an increase in the penetration of microinsurance through end-to-end digital technology for transparency, accountability, and monitoring. Therefore, the increasing digitization of the insurance sector, including microinsurance, is expected to spur the growth of the microinsurance market during the forecast period.

Segment Overview

The microinsurance market report forecasts market growth by revenue at global, regional, & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.

Product Type Outlook (USD Billion, 2017 - 2027)
- Property insurance
- Health insurance
- Life insurance
- Index insurance
- Others

Type Outlook (USD Billion, 2017 - 2027)
- Microinsurance (commercially viable)
- Microinsurance through aid or government support

Region Outlook (USD Billion, 2017 - 2027)
- North America
  - The U.S.
  - Canada
- Europe
  - U.K.
  - Germany
  - France
  - Rest of Europe
- APAC
  - China
  - India
- Middle East & Africa
  - Saudi Arabia
  - South Africa
  - Rest of the Middle East & Africa
- South America
  - Argentina
  - Brazil
  - Chile

Microinsurance Market Scope
Report Coverage	Details
Page number	167
Base year	2022
Historic period	2017-2021
Forecast period	2023-2027
Growth momentum & CAGR	Accelerate at a CAGR of 6.6%
Market growth 2023-2027	USD 30.39 billion
Market structure	Fragmented
YoY growth 2022-2023(%)	6.25
Regional analysis	APAC, North America, Europe, South America, and Middle East and Africa
Performing market contribution	APAC at 45%
Key countries	US, Mexico, China, Japan, and India
Competitive landscape	Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks
Key companies profiled	Accion International, AFPGEN, Ageas Federal Life Insurance, AIA Group Ltd., AL BARAKAH MICROFINANCE BANK, Allianz SE, ASA International Group plc, Banco Bilbao Vizcaya Argentaria SA, BRAC International Holdings B.V., Edelweiss Financial Services Ltd., Gojo and Company Inc., HDFC Bank Ltd., Hollard Insurance Group, ICICI Bank Ltd., Life Insurance Corp. of India, Micro Insurance, Milliman Inc., Oikocredit International, Pramerica Life Insurance Ltd., and State Bank of India
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Microinsurance Market Research Report?

CAGR of the market during the forecast period
Detailed information on factors that will drive the growth of the microinsurance market between 2023 and 2027
Precise estimation of the size of the microinsurance market and its contribution to the parent market
Accurate predictions about upcoming trends and changes in consumer behavior
Growth of the market across APAC, North America, Europe, South America, and Middle East and Africa
A thorough analysis of the market’s competitive landscape and detailed information about vendors
Comprehensive analysis of factors that will challenge the growth of microinsurance market vendors

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Table of Contents

1 Executive Summary

1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Product Type
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis
- Exhibit 13: Market segments

3.3 Market size 2022

3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global microinsurance market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on global microinsurance market 2017 - 2021 ($ billion)

4.2 Product Type Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – Product Type Segment 2017 - 2021 ($ billion)

4.3 Type Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ billion)

4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)

4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Product Type

6.1 Market segments
- Exhibit 30: Chart on Product Type - Market share 2022-2027 (%)
- Exhibit 31: Data Table on Product Type - Market share 2022-2027 (%)

6.2 Comparison by Product Type
- Exhibit 32: Chart on Comparison by Product Type
- Exhibit 33: Data Table on Comparison by Product Type

6.3 Property insurance - Market size and forecast 2022-2027
- Exhibit 34: Chart on Property insurance - Market size and forecast 2022-2027 ($ billion)
- Exhibit 35: Data Table on Property insurance - Market size and forecast 2022-2027 ($ billion)
- Exhibit 36: Chart on Property insurance - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Property insurance - Year-over-year growth 2022-2027 (%)

6.4 Health insurance - Market size and forecast 2022-2027
- Exhibit 38: Chart on Health insurance - Market size and forecast 2022-2027 ($ billion)
- Exhibit 39: Data Table on Health insurance - Market size and forecast 2022-2027 ($ billion)
- Exhibit 40: Chart on Health insurance - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Health insurance - Year-over-year growth 2022-2027 (%)

6.5 Life insurance - Market size and forecast 2022-2027
- Exhibit 42: Chart on Life insurance - Market size and forecast 2022-2027 ($ billion)
- Exhibit 43: Data Table on Life insurance - Market size and forecast 2022-2027 ($ billion)
- Exhibit 44: Chart on Life insurance - Year-over-year growth 2022-2027 (%)
- Exhibit 45: Data Table on Life insurance - Year-over-year growth 2022-2027 (%)

6.6 Index insurance - Market size and forecast 2022-2027
- Exhibit 46: Chart on Index insurance - Market size and forecast 2022-2027 ($ billion)
- Exhibit 47: Data Table on Index insurance - Market size and forecast 2022-2027 ($ billion)
- Exhibit 48: Chart on Index insurance - Year-over-year growth 2022-2027 (%)
- Exhibit 49: Data Table on Index insurance - Year-over-year growth 2022-2027 (%)

6.7 Others - Market size and forecast 2022-2027
- Exhibit 50: Chart on Others - Market size and forecast 2022-2027 ($ billion)
- Exhibit 51: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
- Exhibit 52: Chart on Others - Year-over-year growth 2022-2027 (%)
- Exhibit 53: Data Table on Others - Year-over-year growth 2022-2027 (%)

6.8 Market opportunity by Product Type
- Exhibit 54: Market opportunity by Product Type ($ billion)
- Exhibit 55: Data Table on Market opportunity by Product Type ($ billion)

7 Market Segmentation by Type

7.1 Market segments
- Exhibit 56: Chart on Type - Market share 2022-2027 (%)
- Exhibit 57: Data Table on Type - Market share 2022-2027 (%)

7.2 Comparison by Type
- Exhibit 58: Chart on Comparison by Type
- Exhibit 59: Data Table on Comparison by Type

7.3 Microinsurance (commercially viable) - Market size and forecast 2022-2027
- Exhibit 60: Chart on Microinsurance (commercially viable) - Market size and forecast 2022-2027 ($ billion)
- Exhibit 61: Data Table on Microinsurance (commercially viable) - Market size and forecast 2022-2027 ($ billion)
- Exhibit 62: Chart on Microinsurance (commercially viable) - Year-over-year growth 2022-2027 (%)
- Exhibit 63: Data Table on Microinsurance (commercially viable) - Year-over-year growth 2022-2027 (%)

7.4 Microinsurance through aid or government support - Market size and forecast 2022-2027
- Exhibit 64: Chart on Microinsurance through aid or government support - Market size and forecast 2022-2027 ($ billion)
- Exhibit 65: Data Table on Microinsurance through aid or government support - Market size and forecast 2022-2027 ($ billion)
- Exhibit 66: Chart on Microinsurance through aid or government support - Year-over-year growth 2022-2027 (%)
- Exhibit 67: Data Table on Microinsurance through aid or government support - Year-over-year growth 2022-2027 (%)

7.5 Market opportunity by Type
- Exhibit 68: Market opportunity by Type ($ billion)
- Exhibit 69: Data Table on Market opportunity by Type ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
- Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Exhibit 71: Chart on Market share by geography 2022-2027 (%)
- Exhibit 72: Data Table on Market share by geography 2022-2027 (%)

9.2 Geographic comparison
- Exhibit 73: Chart on Geographic comparison
- Exhibit 74: Data Table on Geographic comparison

9.3 APAC - Market size and forecast 2022-2027
- Exhibit 75: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
- Exhibit 76: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
- Exhibit 77: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 78: Data Table on APAC - Year-over-year growth 2022-2027 (%)

9.4 North America - Market size and forecast 2022-2027
- Exhibit 79: Chart on North America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 80: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 81: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 82: Data Table on North America - Year-over-year growth 2022-2027 (%)

9.5 Europe - Market size and forecast 2022-2027
- Exhibit 83: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
- Exhibit 84: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
- Exhibit 85: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 86: Data Table on Europe - Year-over-year growth 2022-2027 (%)

9.6 South America - Market size and forecast 2022-2027
- Exhibit 87: Chart on South America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 88: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 89: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 90: Data Table on South America - Year-over-year growth 2022-2027 (%)

9.7 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 91: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
- Exhibit 92: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
- Exhibit 93: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 94: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

9.8 US - Market size and forecast 2022-2027
- Exhibit 95: Chart on US - Market size and forecast 2022-2027 ($ billion)
- Exhibit 96: Data Table on US - Market size and forecast 2022-2027 ($ billion)
- Exhibit 97: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 98: Data Table on US - Year-over-year growth 2022-2027 (%)

9.9 China - Market size and forecast 2022-2027
- Exhibit 99: Chart on China - Market size and forecast 2022-2027 ($ billion)
- Exhibit 100: Data Table on China - Market size and forecast 2022-2027 ($ billion)
- Exhibit 101: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 102: Data Table on China - Year-over-year growth 2022-2027 (%)

9.10 Japan - Market size and forecast 2022-2027
- Exhibit 103: Chart on Japan - Market size and forecast 2022-2027 ($ billion)
- Exhibit 104: Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
- Exhibit 105: Chart on Japan - Year-over-year growth 2022-2027 (%)
- Exhibit 106: Data Table on Japan - Year-over-year growth 2022-2027 (%)

9.11 India - Market size and forecast 2022-2027
- Exhibit 107: Chart on India - Market size and forecast 2022-2027 ($ billion)
- Exhibit 108: Data Table on India - Market size and forecast 2022-2027 ($ billion)
- Exhibit 109: Chart on India - Year-over-year growth 2022-2027 (%)
- Exhibit 110: Data Table on India - Year-over-year growth 2022-2027 (%)

9.12 Mexico - Market size and forecast 2022-2027
- Exhibit 111: Chart on Mexico - Market size and forecast 2022-2027 ($ billion)
- Exhibit 112: Data Table on Mexico - Market size and forecast 2022-2027 ($ billion)
- Exhibit 113: Chart on Mexico - Year-over-year growth 2022-2027 (%)
- Exhibit 114: Data Table on Mexico - Year-over-year growth 2022-2027 (%)

9.13 Market opportunity by geography
- Exhibit 115: Market opportunity by geography ($ billion)
- Exhibit 116: Data Tables on Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges
- Exhibit 117: Impact of drivers and challenges in 2022 and 2027

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape
- Exhibit 118: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption
- Exhibit 119: Overview on factors of disruption

11.4 Industry risks
- Exhibit 120: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
- Exhibit 121: Vendors covered

12.2 Market positioning of vendors
- Exhibit 122: Matrix on vendor position and classification

12.3 Accion International
- Exhibit 123: Accion International - Overview
- Exhibit 124: Accion International - Product / Service
- Exhibit 125: Accion International - Key offerings

12.4 AIA Group Ltd.
- Exhibit 126: AIA Group Ltd. - Overview
- Exhibit 127: AIA Group Ltd. - Business segments
- Exhibit 128: AIA Group Ltd. - Key offerings
- Exhibit 129: AIA Group Ltd. - Segment focus

12.5 AL BARAKAH MICROFINANCE BANK
- Exhibit 130: AL BARAKAH MICROFINANCE BANK - Overview
- Exhibit 131: AL BARAKAH MICROFINANCE BANK - Product / Service
- Exhibit 132: AL BARAKAH MICROFINANCE BANK - Key offerings

12.6 ASA International Group plc
- Exhibit 133: ASA International Group plc - Overview
- Exhibit 134: ASA International Group plc - Business segments
- Exhibit 135: ASA International Group plc - Key offerings
- Exhibit 136: ASA International Group plc - Segment focus

12.7 Banco Bilbao Vizcaya Argentaria SA
- Exhibit 137: Banco Bilbao Vizcaya Argentaria SA - Overview
- Exhibit 138: Banco Bilbao Vizcaya Argentaria SA - Business segments
- Exhibit 139: Banco Bilbao Vizcaya Argentaria SA - Key offerings
- Exhibit 140: Banco Bilbao Vizcaya Argentaria SA - Segment focus

12.8 BRAC International Holdings B.V.
- Exhibit 141: BRAC International Holdings B.V. - Overview
- Exhibit 142: BRAC International Holdings B.V. - Business segments
- Exhibit 143: BRAC International Holdings B.V. - Key offerings
- Exhibit 144: BRAC International Holdings B.V. - Segment focus

12.9 Gojo and Company Inc.
- Exhibit 145: Gojo and Company Inc. - Overview
- Exhibit 146: Gojo and Company Inc. - Product / Service
- Exhibit 147: Gojo and Company Inc. - Key offerings

12.10 HDFC Bank Ltd.
- Exhibit 148: HDFC Bank Ltd. - Overview
- Exhibit 149: HDFC Bank Ltd. - Business segments
- Exhibit 150: HDFC Bank Ltd. - Key offerings
- Exhibit 151: HDFC Bank Ltd. - Segment focus

12.11 Hollard Insurance Group
- Exhibit 152: Hollard Insurance Group - Overview
- Exhibit 153: Hollard Insurance Group - Product / Service
- Exhibit 154: Hollard Insurance Group - Key offerings

12.12 ICICI Bank Ltd.
- Exhibit 155: ICICI Bank Ltd. - Overview
- Exhibit 156: ICICI Bank Ltd. - Business segments
- Exhibit 157: ICICI Bank Ltd. - Key offerings
- Exhibit 158: ICICI Bank Ltd. - Segment focus

12.13 Life Insurance Corp. of India
- Exhibit 159: Life Insurance Corp. of India - Overview
- Exhibit 160: Life Insurance Corp. of India - Product / Service
- Exhibit 161: Life Insurance Corp. of India - Key offerings

12.14 Micro Insurance
- Exhibit 162: Micro Insurance - Overview
- Exhibit 163: Micro Insurance - Product / Service
- Exhibit 164: Micro Insurance - Key offerings

12.15 Milliman Inc.
- Exhibit 165: Milliman Inc. - Overview
- Exhibit 166: Milliman Inc. - Product / Service
- Exhibit 167: Milliman Inc. - Key offerings

12.16 Oikocredit International
- Exhibit 168: Oikocredit International - Overview
- Exhibit 169: Oikocredit International - Product / Service
- Exhibit 170: Oikocredit International - Key offerings

12.17 Pramerica Life Insurance Ltd.
- Exhibit 171: Pramerica Life Insurance Ltd. - Overview
- Exhibit 172: Pramerica Life Insurance Ltd. - Product / Service
- Exhibit 173: Pramerica Life Insurance Ltd. - Key offerings

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist
- Exhibit 174: Inclusions checklist
- Exhibit 175: Exclusions checklist

13.3 Currency conversion rates for US$
- Exhibit 176: Currency conversion rates for US$

13.4 Research methodology
- Exhibit 177: Research methodology
- Exhibit 178: Validation techniques employed for market sizing
- Exhibit 179: Information sources

13.5 List of abbreviations
- Exhibit 180: List of abbreviations

Methodology

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

Manufacturers and suppliers
Channel partners
Industry experts
Strategic decision makers

Secondary sources

Industry journals and periodicals
Government data
Financial reports of key industry players
Historical data
Press releases

DATA ANALYSIS

Data Synthesis

Collation of data
Estimation of key figures
Analysis of derived insights

Data Validation

Triangulation with data models
Reference against proprietary databases
Corroboration with industry experts

REPORT WRITING

Qualitative

Market drivers
Market challenges
Market trends
Five forces analysis

Quantitative

Market size and forecast
Market segmentation
Geographical insights
Competitive landscape

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Key Questions Answered

What are the key global market and the regional market share?
What are the revenue-generating key market segments?
What are the key factors driving and challenging this market’s growth?
Who are the key market vendors and their growth strategies?
What are the latest trends influencing the growth of this market?
What are the variables influencing the market growth in the primary regions?
What are the factors influencing the growth of the parent market?

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