Property & Casualty Insurance for Oil & Gas Sector Market May See a Big Move : Intact Financial, Berkshire Hathaway, Allianz, Liberty Mutual I
Key players in the global
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The global property & casualty insurance market for oil & gas sector is expected to grow at a moderate pace during the forecast period, according to the AMA study. Rising number of interruptions & casualties in the oil & gas sector is expected to be one of the major factors aiding into the growth for the market. The market was estimated to be around
Market Growth Drivers:
The increasing number of interruption in the oil and gas industry due to the occurrences such as power shutdown, internal or external interference in operational activities, or other activities reacted to property. The growing demand for property insurance in the oil and gas sector has driven market growth. Furthermore, the rising concerns for accidents caused in the oil & gas sector & increasing regulatory pressure to ensure the employees' safety & security is another major driving factor.
What's Trending in Market:
The property insurance are now made to compensate an insured for the financial impact of the interruption/interference to that business as a result of physical damage to insured property or other key external events, such as damage at a supplier's or customer's premises. Furthermore, the growing use of blockchain in casualty insurance sector and increasing usage of artificial intelligence (AI) sensor technology & cloud technology are some other trends of the market.
Moreover, the
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Some Point of Table of Content:
Chapter One: Report Overview
Chapter Two: Global Market Growth Trends
Chapter Three: Value Chain of
Chapter Four: Players Profiles
Chapter Five:
Chapter Six:
Chapter Seven:
Chapter Eight:
Chapter Nine:
Chapter Ten:
Chapter Eleven:
Chapter Twelve:
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