A program protects those persons practicing medical professions from the risks associated with their work, and the legal third party liability that may arise out of any error, negligence or omission incurred during the performance of their work according to the terms, conditions and exclusions set forth in the insurance policy.
This report contains market size and forecasts of Medical Malpractice Insurance in Global, including the following market information:
- Global Medical Malpractice Insurance Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Medical Malpractice Insurance market was valued at 14980 million in 2021 and is projected to reach US$ 17750 million by 2028, at a CAGR of 2.4% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
D&O Insurance Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Medical Malpractice Insurance include AXA, Hiscox, AIG, Allianz, Chubb (ACE), Tokio Marine Holdings, XL Group, Travelers and Assicurazioni Generali, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Medical Malpractice Insurance companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Medical Malpractice Insurance Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Medical Malpractice Insurance Market Segment Percentages, by Type, 2021 (%)
- D&O Insurance
- E&O Insurance
Global Medical Malpractice Insurance Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Medical Malpractice Insurance Market Segment Percentages, by Application, 2021 (%)
- Coverage: Up to $1 Million
- Coverage: $1 Million to $5 Million
- Coverage: $5 Million to $20 Million
- Coverage: Over $20 Million
Global Medical Malpractice Insurance Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Medical Malpractice Insurance Market Segment Percentages, By Region and Country, 2021 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Medical Malpractice Insurance revenues in global market, 2017-2022 (estimated), ($ millions)
- Key companies Medical Malpractice Insurance revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
- AXA
- Hiscox
- AIG
- Allianz
- Chubb (ACE)
- Tokio Marine Holdings
- XL Group
- Travelers
- Assicurazioni Generali
- Doctors Company
- MedPro Group
- Munich Re
- Aon
- Beazley
- Mapfre
- Physicians Insurance
- Medical Liability Mutual Insurance Co
- NORCAL Mutual
- MAGMutual Insurance Co
- Princeton Insurance Co
- ProAssurance Casualty Co
- Mutual Ins Co of Arizona
