Revenue, 2025
USD 8.63 Bn
Forecast Year, 2034
USD 16.13 Bn
CAGR, 2025 - 2034
7.20%
Report Coverage
Worldwide
The global earthquake insurance market was valued at USD 8.63 billion in 2024 and is projected to reach USD 16.13 billion by 2034, growing at a CAGR of 7.2%, driven by increasing awareness of natural disaster risks and rising property protection needs.
Earthquake Insurance Market Size Analysis
Earthquake Insurance Market Size By Type 2024 to 2034 (USD Billion)
| Type | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Life Insurance | 3.54 | 3.88 | 4.21 | 4.56 | 4.94 | 5.36 | 5.80 | 6.29 | 6.81 | 7.37 | 7.98 |
| Non-Life Insurance | 4.51 | 4.75 | 5.04 | 5.36 | 5.69 | 6.04 | 6.42 | 6.81 | 7.23 | 7.68 | 8.15 |
Earthquake Insurance Market Size By Application 2024 to 2034 (USD Billion)
| Application | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Personal | 4.85 | 5.18 | 5.52 | 5.89 | 6.28 | 6.70 | 7.15 | 7.62 | 8.13 | 8.67 | 9.24 |
| Commercial | 3.20 | 3.45 | 3.73 | 4.03 | 4.35 | 4.70 | 5.07 | 5.48 | 5.91 | 6.38 | 6.89 |
Earthquake Insurance Market Size By Region 2024 to 2034 (USD Billion)
| Region | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 2.82 | 3.02 | 3.22 | 3.43 | 3.66 | 3.90 | 4.15 | 4.43 | 4.72 | 5.03 | 5.36 |
| Asia Pacific | 2.42 | 2.59 | 2.80 | 3.04 | 3.28 | 3.56 | 3.85 | 4.17 | 4.51 | 4.88 | 5.27 |
| Europe | 2.01 | 2.16 | 2.30 | 2.46 | 2.63 | 2.80 | 2.99 | 3.20 | 3.41 | 3.64 | 3.89 |
| LAMEA | 0.81 | 0.86 | 0.93 | 0.99 | 1.06 | 1.14 | 1.22 | 1.31 | 1.40 | 1.51 | 1.61 |
Earthquake Insurance Market Size to Touch USD 16.13 Billion by 2034
The earthquake insurance market size accounted for USD 8.63 billion in 2024 and is predicted to touch around USD 16.13 billion by 2034 at a CAGR of 7.20%.
Proceed To Buy
Proceed To CheckoutMake Every Move Strategic. Get Insights, Fully Customized
- On-Demand Metrics & KPIs
- Industry-Specific Dashboards
- Quick Turnaround, No Compromises
Quick Contact
- NA : +1 804 441 9344
- APAC : +91 9356 9282 04
- EU : +44 7782 560 738
- sales@precedenceresearch.com