Parametric Insurance Market Players:
- AXA SA
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- AIG (American International Group)
- Berkshire Hathaway
- Lloyd's of London
- Nephila Capital
- Neptune Flood Incorporated
- Global Parametrics Limited
- Floodflash Limited
The parametric insurance market is highly competitive comprising several companies, operating and global and regional levels. These key players are transforming the parametric insurance market by addressing the associated risks and are providing reliable and customizable solutions to customers. These companies are focused on strategizing innovative methods such as mergers and acquisitions, partnerships, and joint ventures to edge over the competition and enhance their product base. Some leading companies fueling global parametric insurance market growth include:
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2026, the industry size of parametric insurance is assessed at USD 20.59 billion.
The global parametric insurance market size surpassed USD 18.94 billion in 2025 and is projected to grow at a CAGR of around 9.7%, reaching USD 47.8 billion revenue by 2035.
North America parametric insurance market will account for 36.10% share by 2035, driven by technological progress, climate risks, and risk management needs.
Key players in the market include Swiss Re Ltd., Munich Re, AXA SA, Allianz SE, Chubb Limited, Lloyd’s of London, Hiscox Ltd., Tokio Marine Holdings, Inc., Sompo Holdings, Inc., Beazley plc.