Homeowners Insurance Business Analysis Report 2024-2030: Increasing Frequency of Natural Disasters Throws Spotlight on the Growing Demand for Comprehensive Policies [Yahoo! Finance]
Allstate Corporation (The) (ALL)
Last allstate corporation (the) earnings: 2/4 06:08 pm
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Source: Yahoo! Finance
The global market for Homeowners Insurance was estimated at US$240.5 Billion in 2023 and is projected to reach US$366.8 Billion by 2030, growing at a CAGR of 6.2% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The growth in the global homeowners insurance market is driven by several factors, including advancements in technology, changing consumer behavior, and evolving environmental risks. One of the most significant drivers is the rising adoption of insurtech solutions, which are making the process of buying and managing insurance more efficient and customer-friendly. The growing popularity of digital platforms, mobile apps, and AI-powered solutions is enabling insurers to reach a broader customer base while offering personalized coverage options. Another key factor is the increased frequency of extreme weather events, such as floods, wildfires, and hurricanes, which
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News
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ALL
Earnings
- 10/30/24 - Beat
ALL
Sec Filings
- 11/21/24 - Form 8-K
- 11/14/24 - Form 13F-HR
- 11/5/24 - Form 4
- ALL's page on the SEC website