Table Of Contents

1. Introduction

1.1 Market Definition & Scope

 1.2 Research Assumptions & Abbreviations

 1.3 Research Methodology

2. Executive Summary

2.1 Market Snapshot

 2.2 Market Absolute $ Opportunity Assessment & Y-o-Y Analysis, 2021–2032

 2.3 Market Size & Forecast, By Segmentation, 2021–2032

  2.3.1 Market Size By Insurance Type

  2.3.2 Market Size By Application

  2.3.3 Market Size By Use Case

  2.3.4 Market Size By Use Case

 2.4 Market Share & Bps Analysis By Region, 2024

 2.5 Industry Growth Scenarios – Conservative, Likely & Optimistic

 2.6 Industry CxO’s Perspective

3. Market Overview

3.1 Market Dynamics

  3.1.1 Drivers

  3.1.2 Restraints

  3.1.3 Opportunities

  3.1.4 Key Market Trends

 3.2 Industry PESTLE Analysis

 3.3 Key Industry Forces (Porter’s) Impacting Market Growth

 3.4 Industry Supply Chain Analysis

  3.4.1 Raw Material Suppliers

  3.4.2 Manufacturers

  3.4.3 Distributors/Suppliers

  3.4.4 Customers/End-Users

 3.5 Industry Life Cycle Assessment

 3.6 Parent Market Overview

 3.7 Market Risk Assessment

4. Statistical Insights & Trends Reporting

4.1 Product Performance & Payout Metrics

4.1.1 Average payout time (hours/days) following a triggering event

4.1.2 Payout accuracy (%) based on pre-defined parametric triggers

4.1.3 Average claim settlement ratio (%)

4.1.4 Number of events monitored per policyholder per year

4.2 Risk & Trigger Metrics

4.2.1 Number of parametric triggers per policy (average)

4.2.2 Types of triggers (%) — weather events, natural disasters, operational metrics

4.2.3 Accuracy (%) of risk prediction models used

4.2.4 Reduction in uninsured losses (%) due to parametric coverage

4.4 Cost & Economic Metrics

4.3.1 Average premium (USD) per policy by industry and trigger type

4.3.2 Cost savings (%) compared to traditional indemnity insurance

4.3.3 Average ROI (%) for insurers using parametric products

4.3.4 Administrative cost reduction (%) in claims processing

5. Parametric Insurance Market Segmental Analysis & Forecast, By Insurance Type, 2021 – 2032, Value (USD Billion)

5.1 Introduction

 5.2 Index-Based Insurance

  5.2.1 Key Trends

  5.2.2 Market Size & Forecast, 2021 – 2032

 5.3 Weather-Based Insurance

     5.4 Catastrophe Bonds

     5.5 Other Parametric Insurance Types

6. Parametric Insurance Market Segmental Analysis & Forecast, By Application, 2021 – 2032, Value (USD Billion)

    6.1 Introduction

 6.2 Agriculture

  6.2.1 Key Trends

  6.2.2 Market Size & Forecast, 2021 – 2032

 6.3 Property and Casualty

    6.4 Energy

    6.5 Other Applications

7. Parametric Insurance Market Segmental Analysis & Forecast, By Deployment Model, 2021 – 2032, Value (USD Billion)

    7.1 Introduction

 7.2 Cloud-Based

  7.2.1 Key Trends

  7.2.2 Market Size & Forecast, 2021 – 2032

 7.3 On-Premise

     7.4 Hybrid

8. Parametric Insurance Market Segmental Analysis & Forecast, By Use Case, 2021 – 2032, Value (USD Billion)

    8.1 Introduction

 8.2 Risk Mitigation

  8.2.1 Key Trends

  8.2.2 Market Size & Forecast, 2021 – 2032

 8.3 Index Tracking

 8.4 Catastrophe Response

   8.5 Other Use Cases

9. Parametric Insurance Market Segmental Analysis & Forecast By Region, 2021 – 2025, Value (USD Billion)

9.1 Introduction

9.2 North America

 9.2.1 Key Trends

 9.2.2 Parametric Insurance Market Size & Forecast, By Insurance Type, 2021 – 2032

 9.2.3 Parametric Insurance Market Size & Forecast, By Application, 2021 – 2032

 9.2.4 Parametric Insurance Market Size & Forecast, By Use Case, 2021 – 2032

 9.2.5 Parametric Insurance Market Size & Forecast, By Deployment Model, 2021 – 2032

 9.2.6 Parametric Insurance Market Size & Forecast, By Country, 2021 – 2032

  9.2.6.1 USA

   9.2.6.1.1 Parametric Insurance Market Size & Forecast, By Insurance Type, 2021 – 2032

   9.2.6.1.2 Parametric Insurance Market Size & Forecast, By Application, 2021 – 2032

   9.2.6.1.3 Parametric Insurance Market Size & Forecast, By Deployment Model, 2021 – 2032

   9.2.6.1.4 Parametric Insurance Market Size & Forecast, By Use Case, 2021 – 2032

  9.2.6.2 Canada

   9.2.6.2.1 Parametric Insurance Market Size & Forecast, By Insurance Type, 2021 – 2032

   9.2.6.2.2 Parametric Insurance Market Size & Forecast, By Application, 2021 – 2032

   9.2.6.2.3 Parametric Insurance Market Size & Forecast, By Deployment Model 2021 – 2032

   9.2.6.2.4 Parametric Insurance Market Size & Forecast, By Use Case, 2021 – 2032

9.3 Europe

 9.3.1 Key Trends

 9.3.2 Parametric Insurance Market Size & Forecast, By Insurance Type, 2021 – 2032

 9.3.3 Parametric Insurance Market Size & Forecast, By Application, 2021 – 2032

 9.3.4 Parametric Insurance Market Size & Forecast, By Deployment Model, 2021 – 2032

 9.3.5 Parametric Insurance Market Size & Forecast, By Use Case, 2021 – 2032

 9.3.6 Parametric Insurance Market Size & Forecast, By Country, 2021 – 2032

  9.3.6.1 Germany

   9.3.6.1.1 Parametric Insurance Market Size & Forecast, By Insurance Type, 2021 – 2032

   9.3.6.1.2 Parametric Insurance Market Size & Forecast, By Application, 2021 – 2032

   9.3.6.1.3 Parametric Insurance Market Size & Forecast, By Deployment Model, 2021 – 2032

   9.3.6.1.4 Parametric Insurance Market Size & Forecast, By Use Case, 2021 – 2032

  9.3.6.2 UK

   9.3.6.2.1 Parametric Insurance Market Size & Forecast, By Insurance Type, 2021 – 2032

   9.3.6.2.2 Parametric Insurance Market Size & Forecast, By Application, 2021 – 2032

   9.3.6.2.3 Parametric Insurance Market Size & Forecast, By Deployment Model, 2021 – 2032

   9.3.6.2.4 Parametric Insurance Market Size & Forecast, By Use Case, 2021 – 2032

  9.3.6.3 France

   9.3.6.3.1 Parametric Insurance Market Size & Forecast, By Insurance Type, 2021 – 2032

   9.3.6.3.2 Parametric Insurance Market Size & Forecast, By Application, 2021 – 2032

   9.3.6.3.3 Parametric Insurance Market Size & Forecast, By Deployment Model, 2021 – 2032

   9.3.6.3.4 Parametric Insurance Market Size & Forecast, By Use Case, 2021 – 2032

  9.3.6.4 Italy

   9.3.6.4.1 Parametric Insurance Market Size & Forecast, By Insurance Type, 2021 – 2032

   9.3.6.4.2 Parametric Insurance Market Size & Forecast, By Application, 2021 – 2032

   9.3.6.4.3 Parametric Insurance Market Size & Forecast, By Deployment Model, 2021 – 2032

   9.3.6.4.4 Parametric Insurance Market Size & Forecast, By Use Case, 2021 – 2032

  9.3.6.5 Spain

   9.3.6.5.1 Parametric Insurance Market Size & Forecast, By Insurance Type, 2021 – 2032

   9.3.6.5.2 Parametric Insurance Market Size & Forecast, By Application, 2021 – 2032

   9.3.6.5.3 Parametric Insurance Market Size & Forecast, By Deployment Model, 2021 – 2032

   9.3.6.5.4 Parametric Insurance Market Size & Forecast, By Use Case, 2021 – 2032

  9.3.6.6 Russia

   9.3.6.6.1 Parametric Insurance Market Size & Forecast, By Insurance Type, 2021 – 2032

   9.3.6.6.2 Parametric Insurance Market Size & Forecast, By Application, 2021 – 2032

   9.3.6.6.3 Parametric Insurance Market Size & Forecast, By Deployment Model, 2021 – 2032

   9.3.6.6.4 Parametric Insurance Market Size & Forecast, By Use Case, 2021 – 2032

  9.3.6.7 Poland

   9.3.6.7.1 Parametric Insurance Market Size & Forecast, By Insurance Type, 2021 – 2032

   9.3.6.7.2 Parametric Insurance Market Size & Forecast, By Application, 2021 – 2032

   9.3.6.7.3 Parametric Insurance Market Size & Forecast, By Deployment Model, 2021 – 2032

   9.3.6.7.4 Parametric Insurance Market Size & Forecast, By Use Case, 2021 – 2032

  9.3.6.8 Rest of Europe

   9.3.6.8.1 Parametric Insurance Market Size & Forecast, By Insurance Type, 2021 – 2032

   9.3.6.8.2 Parametric Insurance Market Size & Forecast, By Application, 2021 – 2032

   9.3.6.8.3 Parametric Insurance Market Size & Forecast, By Deployment Model, 2021 – 2032

   9.3.6.8.4 Parametric Insurance Market Size & Forecast, By Use Case, 2021 – 2032   

9.4 Asia-Pacific

 9.4.1 Key Trends

 9.4.2 Parametric Insurance Market Size & Forecast, By Insurance Type, 2021 – 2032

 9.4.3 Parametric Insurance Market Size & Forecast, By Application, 2021 – 2032

 9.4.4 Parametric Insurance Market Size & Forecast, By Use Case, 2021 – 2032

 9.4.5 Parametric Insurance Market Size & Forecast, By Deployment Model, 2021 – 2032

 9.4.6 Parametric Insurance Market Size & Forecast, By Country, 2021 – 2032

  9.4.6.1 China

   9.4.6.1.1 Parametric Insurance Market Size & Forecast, By Insurance Type, 2021 – 2032

   9.4.6.1.2 Parametric Insurance Market Size & Forecast, By Application, 2021 – 2032

   9.4.6.1.3 Parametric Insurance Market Size & Forecast, By Deployment Model, 2021 – 2032

   9.4.6.1.4 Parametric Insurance Market Size & Forecast, By Use Case, 2021 – 2032

  9.4.6.2 India

   9.4.6.2.1 Parametric Insurance Market Size & Forecast, By Insurance Type, 2021 – 2032

   9.4.6.2.2 Parametric Insurance Market Size & Forecast, By Application, 2021 – 2032

   9.4.6.2.3 Parametric Insurance Market Size & Forecast, By Deployment Model, 2021 – 2032

   9.4.6.2.4 Parametric Insurance Market Size & Forecast, By Use Case, 2021 – 2032

  9.4.6.3 Japan

   9.4.6.3.1 Parametric Insurance Market Size & Forecast, By Insurance Type, 2021 – 2032

   9.4.6.3.2 Parametric Insurance Market Size & Forecast, By Application, 2021 – 2032

   9.4.6.3.3 Parametric Insurance Market Size & Forecast, By Deployment Model, 2021 – 2032

   9.4.6.3.4 Parametric Insurance Market Size & Forecast, By Use Case, 2021 – 2032

  9.4.6.4 South Korea

   9.4.6.4.1 Parametric Insurance Market Size & Forecast, By Insurance Type, 2021 – 2032

   9.4.6.4.2 Parametric Insurance Market Size & Forecast, By Application, 2021 – 2032

   9.4.6.4.3 Parametric Insurance Market Size & Forecast, By Deployment Model, 2021 – 2032

   9.4.6.4.4 Parametric Insurance Market Size & Forecast, By Use Case, 2021 – 2032

  9.4.6.5 Australia

   9.4.6.5.1 Parametric Insurance Market Size & Forecast, By Insurance Type, 2021 – 2032

   9.4.6.5.2 Parametric Insurance Market Size & Forecast, By Application, 2021 – 2032

   9.4.6.5.3 Parametric Insurance Market Size & Forecast, By Deployment Model, 2021 – 2032

   9.4.6.5.4 Parametric Insurance Market Size & Forecast, By Use Case, 2021 – 2032

  9.4.6.6 ASEAN Countries

   9.4.6.6.1 Parametric Insurance Market Size & Forecast, By Insurance Type, 2021 – 2032

   9.4.6.6.2 Parametric Insurance Market Size & Forecast, By Application, 2021 – 2032

   9.4.6.6.3 Parametric Insurance Market Size & Forecast, By Deployment Model, 2021 – 2032

   9.4.6.6.4 Parametric Insurance Market Size & Forecast, By Use Case, 2021 – 2032

  9.4.6.7 Rest of Asia-Pacific

   9.4.6.7.1 Parametric Insurance Market Size & Forecast, By Insurance Type, 2021 – 2032

   9.4.6.7.2 Parametric Insurance Market Size & Forecast, By Application, 2021 – 2032

   9.4.6.7.3 Parametric Insurance Market Size & Forecast, By Deployment Model, 2021 – 2032

   9.4.6.7.4 Parametric Insurance Market Size & Forecast, By Use Case, 2021 – 2032

9.5 Latin America

 9.5.1 Key Trends

 9.5.2 Parametric Insurance Market Size & Forecast, By Insurance Type, 2021 – 2032

 9.5.3 Parametric Insurance Market Size & Forecast, By Application, 2021 – 2032

 9.5.4 Parametric Insurance Market Size & Forecast, By Use Case, 2021 – 2032

 9.5.5 Parametric Insurance Market Size & Forecast, By Deployment Model, 2021 – 2032

 9.5.6 Parametric Insurance Market Size & Forecast, By Country, 2021 – 2032

  9.5.6.1 Brazil

   9.5.6.1.1 Parametric Insurance Market Size & Forecast, By Insurance Type, 2021 – 2032

   9.5.6.1.2 Parametric Insurance Market Size & Forecast, By Application, 2021 – 2032

   9.5.6.1.3 Parametric Insurance Market Size & Forecast, By Deployment Model, 2021 – 2032

   9.5.6.1.4 Parametric Insurance Market Size & Forecast, By Use Case, 2021 – 2032

  9.5.6.2 Argentina

   9.5.6.2.1 Parametric Insurance Market Size & Forecast, By Insurance Type, 2021 – 2032

   9.5.6.2.2 Parametric Insurance Market Size & Forecast, By Application, 2021 – 2032

   9.5.6.2.3 Parametric Insurance Market Size & Forecast, By Deployment Model, 2021 – 2032

   9.5.6.2.4 Parametric Insurance Market Size & Forecast, By Use Case, 2021 – 2032

  9.5.6.3 Mexico

   9.5.6.3.1 Parametric Insurance Market Size & Forecast, By Insurance Type, 2021 – 2032

   9.5.6.3.2 Parametric Insurance Market Size & Forecast, By Application, 2021 – 2032

   9.5.6.3.3 Parametric Insurance Market Size & Forecast, By Deployment Model, 2021 – 2032

   9.5.6.3.4 Parametric Insurance Market Size & Forecast, By Use Case, 2021 – 2032

  9.5.6.4 Colombia

   9.5.6.4.1 Parametric Insurance Market Size & Forecast, By Insurance Type, 2021 – 2032

   9.5.6.4.2 Parametric Insurance Market Size & Forecast, By Application, 2021 – 2032

   9.5.6.4.3 Parametric Insurance Market Size & Forecast, By Deployment Model, 2021 – 2032

   9.5.6.4.4 Parametric Insurance Market Size & Forecast, By Use Case, 2021 – 2032

  9.5.6.5 Rest of Latin America

   9.5.6.5.1 Parametric Insurance Market Size & Forecast, By Insurance Type, 2021 – 2032

   9.5.6.5.2 Parametric Insurance Market Size & Forecast, By Application, 2021 – 2032

   9.5.6.5.3 Parametric Insurance Market Size & Forecast, By Deployment Model , 2021 – 2032

   9.5.6.5.4 Parametric Insurance Market Size & Forecast, By Use Case, 2021 – 2032

9.6 Middle East & Africa

 9.6.1 Key Trends

 9.6.2 Parametric Insurance Market Size & Forecast, By Insurance Type, 2021 – 2032

 9.6.3 Parametric Insurance Market Size & Forecast, By Application, 2021 – 2032

 9.6.4 Parametric Insurance Market Size & Forecast, By Use Case, 2021 – 2032

 9.6.5 Parametric Insurance Market Size & Forecast, By Deployment Model, 2021 – 2032

 9.6.6 Parametric Insurance Market Size & Forecast, By Country, 2021 – 2032

  9.6.6.1 UAE

   9.6.6.1.1 Parametric Insurance Market Size & Forecast, By Insurance Type, 2021 – 2032

   9.6.6.1.2 Parametric Insurance Market Size & Forecast, By Application, 2021 – 2032

   9.6.6.1.3 Parametric Insurance Market Size & Forecast, By Deployment Model, 2021 – 2032

   9.6.6.1.4 Parametric Insurance Market Size & Forecast, By Use Case, 2021 – 2032

  9.6.6.2 Saudi Arabia

   9.6.6.2.1 Parametric Insurance Market Size & Forecast, By Insurance Type, 2021 – 2032

   9.6.6.2.2 Parametric Insurance Market Size & Forecast, By Application, 2021 – 2032

   9.6.6.2.3 Parametric Insurance Market Size & Forecast, By Deployment Model, 2021 – 2032

   9.6.6.2.4 Parametric Insurance Market Size & Forecast, By Use Case, 2021 – 2032

  9.6.6.3 Qatar

   9.6.6.3.1 Parametric Insurance Market Size & Forecast, By Insurance Type, 2021 – 2032

   9.6.6.3.2 Parametric Insurance Market Size & Forecast, By Application, 2021 – 2032

   9.6.6.3.3 Parametric Insurance Market Size & Forecast, By Deployment Model, 2021 – 2032

   9.6.6.3.4 Parametric Insurance Market Size & Forecast, By Use Case, 2021 – 2032

  9.6.6.4 Egypt

   9.6.6.4.1 Parametric Insurance Market Size & Forecast, By Insurance Type, 2021 – 2032

   9.6.6.4.2 Parametric Insurance Market Size & Forecast, By Application, 2021 – 2032

   9.6.6.4.3 Parametric Insurance Market Size & Forecast, By Deployment Model, 2021 – 2032

   9.6.6.4.4 Parametric Insurance Market Size & Forecast, By Use Case, 2021 – 2032

  9.6.6.5 South Africa

   9.6.6.5.1 Parametric Insurance Market Size & Forecast, By Insurance Type, 2021 – 2032

   9.6.6.5.2 Parametric Insurance Market Size & Forecast, By Application, 2021 – 2032

   9.6.6.5.3 Parametric Insurance Market Size & Forecast, By Deployment Model, 2021 – 2032

   9.6.6.5.4 Parametric Insurance Market Size & Forecast, By Use Case, 2021 – 2032

  9.6.6.6 Rest of Middle East & Africa

   9.6.6.6.1 Parametric Insurance Market Size & Forecast, By Insurance Type, 2021 – 2032

   9.6.6.6.2 Parametric Insurance Market Size & Forecast, By Application, 2021 – 2032

   9.6.6.6.3 Parametric Insurance Market Size & Forecast, By Deployment Model, 2021 – 2032

   9.6.6.6.4 Parametric Insurance Market Size & Forecast, By Use Case, 2021 – 2032

10. Competitive Landscape

 10.1 Key Players' Positioning

 10.2 Competitive Developments

  10.2.1 Key Strategies Adopted (%), By Key Players, 2024

  10.2.2 Year-Wise Strategies & Development, 2021 – 2025

  10.2.3 Number Of Strategies Adopted By Key Players, 2024

 10.3 Market Share Analysis, 2024

 10.4 Product/Service & Application Benchmarking

  10.4.1 Product/Service Specifications & Features By Key Players

  10.4.2 Product/Service Heatmap By Key Players

  10.4.3 Application Heatmap By Key Players

 10.5 Industry Start-Up & Innovation Landscape

10.6 Key Company Profiles

 10.6.1 AXA

  10.6.1.1 Company Overview & Snapshot

  10.6.1.2 Product/Service Portfolio

  10.6.1.3 Key Company Financials

  10.6.1.4 SWOT Analysis

10.6.2 Munich Re

10.6.3 AIG

10.6.4 Allianz

10.6.5 Berkshire Hathaway Specialty Insurance

10.6.6 Chubb

10.6.7 Lloyd's of London

10.6.8 Swiss Re

10.6.9 Zurich Insurance Group

10.6.10 QBE Insurance Group

10.6.11 Blink Parametrics

10.6.12 Parametrix

10.6.13 Sprout AI

10.6.14 IBISA

10.6.15 Raincoat

10.6.16 Arbol

10.6.17Kovrr

10.6.18 Weathercheck

10.6.19 Trov

10.6.20 Concirrus

11. Analyst Recommendations

 11.1 SNS Insider Opportunity Map

 11.2 Industry Low-Hanging Fruit Assessment

 11.3 Market Entry & Growth Strategy

 11.4 Analyst Viewpoint & Suggestions on Market Growth

12. Assumptions

13. Disclaimer

14. Appendix

 14.1 List Of Tables

 14.2 List Of Figures