Global Professional Liability Insurance Market Is Expected to Reach 48500 Million US$ by the End of 2025
The coverage focuses on alleged failure to perform on the part of, financial loss caused by, and error or omission in the service or product sold by the policyholder. These are causes for legal action that would not be covered by a more general liability insurance policy which addresses more direct forms of harm. Professional liability insurance may take on different forms and names depending on the profession, especially medical and legal, and is sometimes required under contract by other businesses that are the beneficiaries of the advice or service.
n most cases, growth is likely to be faster in less-developed markets than in developed ones, although much also depends on the degree to which significant competition exists among underwriters in this field and on future claims experience in each country.
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In 2018, the global
This report studies the
This report focuses on the global top players, covered
Chubb (ACE)
AIG
Hiscox
Travelers
Marsh & McLennan
Liberty Mutual
Medical Protective
Aviva
Sompo Japan Nipponkoa
Aon
Beazley
Mapfre
Market segment by Regions/Countries, this report covers
Rest of
Central &
Market segment by Type, the product can be split into
Other
Market segment by Application, the market can be split into
Up to
Over
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