Published on 13 Dec 2023 on Insider Monkey via Yahoo Finance
In this article, we will be navigating through the global flood insurance industry, its key players, and the 15 best flood insurance companies heading into 2024. If you wish to skip our detailed analysis, you can move directly to the 5 Best Flood Insurance Companies Heading into 2024.
The Global Flood Insurance Industry: An Analysis
According to a report by Allied Market Research, the global flood insurance market was valued at $12 billion in 2022 and is expected to grow to $50 billion by 2032 at a compound annual growth rate of 15.6%, from 2023 to 2032.