Global Commercial Fire Insurance Industry

Global Commercial Fire Insurance Industry Research & Trends Analysis Report

Global Commercial Fire Insurance Industry

Global Commercial Fire Insurance Industry Research & Trends Analysis Report


Discover the latest insights into the booming Commercial Fire Insurance Market. This report analyzes market size, growth trends (CAGR 5.3), key players, and regional performance, offering valuable data for investors and industry professionals. Explore market drivers, restraints, and future projections for 2024-.

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According to Latest Study, the global market for Commercial Fire Insurance should grow from US$ million in 2023 to US$ million by 2030, with a CAGR of % for the period of 2024-2030.

China Commercial Fire Insurance market should grow from US$ million in 2023 to US$ million by 2030, with a CAGR of % for the period of 2024-2030.

The United States Commercial Fire Insurance market should grow from US$ million in 2023 to US$ million by 2030, with a CAGR of % for the period of 2024-2030.

In terms of type, Basic Property Insurance segment holds a share about % in 2024 and will reach % in 2030; while in terms of application, Enterprise has a share approximately % in 2023 and will grow at a CAGR % during 2024 and 2030.

The global key manufacturers of Commercial Fire Insurance include Shelter Insurance, Central Co-Operative Insurance Company, Embroker Insurance Services, LLC, Insureon, Santam, Zensurance, Hartford Financial Services Group, Inc, People's Insurance Company of China and China Insurance (Holdings) Co., Ltd., etc. In 2022, the global top five players hold a share approximately % in terms of revenue.

This report aims to provide a comprehensive study of the global market for Commercial Fire Insurance. Report Highlights:

(1) Global Commercial Fire Insurance market size (value), history data from 2019-2023 and forecast data from 2024 to 2030.

(2) Global Commercial Fire Insurance market competitive situation, revenue and market share, from 2019 to 2023.

(3) China Commercial Fire Insurance market competitive situation, revenue and market share, from 2019 to 2023.

(4) Global Commercial Fire Insurance segment by region (or country), key regions cover the United States, Europe, Japan, South Korea, Southeast Asia and India, etc.

(5) Global Commercial Fire Insurance segment by type and by application and regional segment by type and by application.

(6) Commercial Fire Insurance industry supply chain, upstream, midstream and downstream analysis.

Market segment by regions, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia, Italy and Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)

South America (Brazil, Rest of South America)

Middle East & Africa

Market segment by type, covers

Basic Property Insurance

Comprehensive Property Insurance

Home Owners Insurance

Market segment by application, can be divided into

Enterprise

Family

Market segment by players, this report covers

Shelter Insurance

Central Co-Operative Insurance Company

Embroker Insurance Services, LLC

Insureon

Santam

Zensurance

Hartford Financial Services Group, Inc

People's Insurance Company of China

China Insurance (Holdings) Co., Ltd.

China Life Insurance (Group) Company

China Reinsurance (Group) Company

China Pacific Insurance (Group) Co., Ltd.

Ping An Insurance (Group) Company of China, Ltd.

China United Insurance Holdings Co., Ltd.

Tokio Marine & Nichido Fire Insurance Co., Ltd.

Hyundai Marine & Fire Insurance

1 Market Overview

1.1 Product Overview and Scope of Commercial Fire Insurance

1.2 Global Commercial Fire Insurance Market Size and Forecast

1.3 China Commercial Fire Insurance Market Size and Forecast

1.4 China Market Percentage in Global

1.4.1 By Revenue, China Commercial Fire Insurance Share in Global Market, 2019-2030

1.4.2 Commercial Fire Insurance Market Size: China VS Global, 2019-2030

1.5 Commercial Fire Insurance Market Dynamics

1.5.1 Commercial Fire Insurance Market Drivers

1.5.2 Commercial Fire Insurance Market Restraints

1.5.3 Commercial Fire Insurance Industry Trends

1.5.4 Commercial Fire Insurance Industry Policy

2 Global Competitive Situation by Company

2.1 Global Commercial Fire Insurance Revenue by Company (2019-2024)

2.2 Global Commercial Fire Insurance Participants, Market Position (Tier 1, Tier 2 and Tier 3)

2.3 Global Commercial Fire Insurance Concentration Ratio

2.4 Global Commercial Fire Insurance Mergers & Acquisitions, Expansion Plans

2.5 Global Commercial Fire Insurance Manufacturers Product Type

3 China Competitive Situation by Company

3.1 China Commercial Fire Insurance Revenue by Company (2019-2024)

3.2 China Commercial Fire Insurance Commercial Fire Insurance Participants, Market Position (Tier 1, Tier 2 and Tier 3)

3.3 China Commercial Fire Insurance, Revenue Percentage of Local Players VS Foreign Manufacturers (2019-2024)

4 Industry Chain Analysis

4.1 Commercial Fire Insurance Industry Chain

4.2 Commercial Fire Insurance Upstream Analysis

4.3 Commercial Fire Insurance Midstream Analysis

4.4 Commercial Fire Insurance Downstream Analysis

5 Sights by Type

5.1 Commercial Fire Insurance Classification

5.1.1 Basic Property Insurance

5.1.2 Comprehensive Property Insurance

5.1.3 Home Owners Insurance

5.2 By Type, Global Commercial Fire Insurance Market Size & CAGR, 2019 VS 2024 VS 2030

5.3 By Type, Global Commercial Fire Insurance Revenue, 2019-2030

6 Sights by Application

6.1 Commercial Fire Insurance Segment by Application

6.1.1 Enterprise

6.1.2 Family

6.2 By Application, Global Commercial Fire Insurance Market Size & CAGR, 2019 VS 2024 VS 2030

6.3 By Application, Global Commercial Fire Insurance Revenue, 2019-2030

7 Sales Sights by Region

7.1 By Region, Global Commercial Fire Insurance Market Size, 2019 VS 2024 VS 2030

7.2 By Region, Global Commercial Fire Insurance Market Size, 2019-2030

7.3 North America

7.3.1 North America Commercial Fire Insurance Market Size & Forecasts, 2019-2030

7.3.2 By Country, North America Commercial Fire Insurance Market Size Market Share

7.4 Europe

7.4.1 Europe Commercial Fire Insurance Market Size & Forecasts, 2019-2030

7.4.2 By Country, Europe Commercial Fire Insurance Market Size Market Share

7.5 Asia Pacific

7.5.1 Asia Pacific Commercial Fire Insurance Market Size & Forecasts, 2019-2030

7.5.2 By Country/Region, Asia Pacific Commercial Fire Insurance Market Size Market Share

7.6 South America

7.6.1 South America Commercial Fire Insurance Market Size & Forecasts, 2019-2030

7.6.2 By Country, South America Commercial Fire Insurance Market Size Market Share

7.7 Middle East & Africa

8 Sights by Country Level

8.1 By Country, Global Commercial Fire Insurance Market Size & CAGR，2019 VS 2024 VS 2030

8.2 By Country, Global Commercial Fire Insurance Market Size, 2019-2030

8.3 U.S.

8.3.1 U.S. Commercial Fire Insurance Market Size, 2019-2030

8.3.2 By Company, U.S. Commercial Fire Insurance Revenue Market Share, 2019-2024

8.3.3 By Type, U.S. Commercial Fire Insurance Revenue Market Share, 2022 VS 2029

8.3.4 By Application, U.S. Commercial Fire Insurance Revenue Market Share, 2022 VS 2029

8.4 Europe

8.4.1 Europe Commercial Fire Insurance Market Size, 2019-2030

8.4.2 By Company, Europe Commercial Fire Insurance Revenue Market Share, 2019-2024

8.4.3 By Type, Europe Commercial Fire Insurance Revenue Market Share, 2022 VS 2029

8.4.4 By Application, Europe Commercial Fire Insurance Revenue Market Share, 2022 VS 2029

8.5 China

8.5.1 China Commercial Fire Insurance Market Size, 2019-2030

8.5.2 By Company, China Commercial Fire Insurance Revenue Market Share, 2019-2024

8.5.3 By Type, China Commercial Fire Insurance Revenue Market Share, 2022 VS 2029

8.5.4 By Application, China Commercial Fire Insurance Revenue Market Share, 2022 VS 2029

8.6 Japan

8.6.1 Japan Commercial Fire Insurance Market Size, 2019-2030

8.6.2 By Company, Japan Commercial Fire Insurance Revenue Market Share, 2019-2024

8.6.3 By Type, Japan Commercial Fire Insurance Revenue Market Share, 2022 VS 2029

8.6.4 By Application, Japan Commercial Fire Insurance Revenue Market Share, 2022 VS 2029

8.7 South Korea

8.7.1 South Korea Commercial Fire Insurance Market Size, 2019-2030

8.7.2 By Company, South Korea Commercial Fire Insurance Revenue Market Share, 2019-2024

8.7.3 By Type, South Korea Commercial Fire Insurance Revenue Market Share, 2022 VS 2029

8.7.4 By Application, South Korea Commercial Fire Insurance Revenue Market Share, 2022 VS 2029

8.8 Southeast Asia

8.8.1 Southeast Asia Commercial Fire Insurance Market Size, 2019-2030

8.8.2 By Company, Southeast Asia Commercial Fire Insurance Revenue Market Share, 2019-2024

8.8.3 By Type, Southeast Asia Commercial Fire Insurance Revenue Market Share, 2022 VS 2029

8.8.4 By Application, Southeast Asia Commercial Fire Insurance Revenue Market Share, 2022 VS 2029

8.9 India

8.9.1 India Commercial Fire Insurance Market Size, 2019-2030

8.9.2 By Company, India Commercial Fire Insurance Revenue Market Share, 2019-2024

8.9.3 By Type, India Commercial Fire Insurance Revenue Market Share, 2022 VS 2029

8.9.4 By Application, India Commercial Fire Insurance Revenue Market Share, 2022 VS 2029

8.10 Middle East & Asia

8.10.1 Middle East & Asia Commercial Fire Insurance Market Size, 2019-2030

8.10.2 By Company, Middle East & Asia Commercial Fire Insurance Revenue Market Share, 2019-2024

8.10.3 By Type, Middle East & Asia Commercial Fire Insurance Revenue Market Share, 2022 VS 2029

8.10.4 By Application, Middle East & Asia Commercial Fire Insurance Revenue Market Share, 2022 VS 2029

9 Global Manufacturers Profile

9.1 Shelter Insurance

9.1.1 Shelter Insurance Company Information, Head Office, Market Area and Industry Position

9.1.2 Shelter Insurance Company Profile and Main Business

9.1.3 Shelter Insurance Commercial Fire Insurance Models, Specifications and Application

9.1.4 Shelter Insurance Commercial Fire Insurance Revenue and Gross Margin, 2019-2024

9.1.5 Shelter Insurance Recent Developments

9.2 Central Co-Operative Insurance Company

9.2.1 Central Co-Operative Insurance Company Company Information, Head Office, Market Area and Industry Position

9.2.2 Central Co-Operative Insurance Company Company Profile and Main Business

9.2.3 Central Co-Operative Insurance Company Commercial Fire Insurance Models, Specifications and Application

9.2.4 Central Co-Operative Insurance Company Commercial Fire Insurance Revenue and Gross Margin, 2019-2024

9.2.5 Central Co-Operative Insurance Company Recent Developments

9.3 Embroker Insurance Services, LLC

9.3.1 Embroker Insurance Services, LLC Company Information, Head Office, Market Area and Industry Position

9.3.2 Embroker Insurance Services, LLC Company Profile and Main Business

9.3.3 Embroker Insurance Services, LLC Commercial Fire Insurance Models, Specifications and Application

9.3.4 Embroker Insurance Services, LLC Commercial Fire Insurance Revenue and Gross Margin, 2019-2024

9.3.5 Embroker Insurance Services, LLC Recent Developments

9.4 Insureon

9.4.1 Insureon Company Information, Head Office, Market Area and Industry Position

9.4.2 Insureon Company Profile and Main Business

9.4.3 Insureon Commercial Fire Insurance Models, Specifications and Application

9.4.4 Insureon Commercial Fire Insurance Revenue and Gross Margin, 2019-2024

9.4.5 Insureon Recent Developments

9.5 Santam

9.5.1 Santam Company Information, Head Office, Market Area and Industry Position

9.5.2 Santam Company Profile and Main Business

9.5.3 Santam Commercial Fire Insurance Models, Specifications and Application

9.5.4 Santam Commercial Fire Insurance Revenue and Gross Margin, 2019-2024

9.5.5 Santam Recent Developments

9.6 Zensurance

9.6.1 Zensurance Company Information, Head Office, Market Area and Industry Position

9.6.2 Zensurance Company Profile and Main Business

9.6.3 Zensurance Commercial Fire Insurance Models, Specifications and Application

9.6.4 Zensurance Commercial Fire Insurance Revenue and Gross Margin, 2019-2024

9.6.5 Zensurance Recent Developments

9.7 Hartford Financial Services Group, Inc

9.7.1 Hartford Financial Services Group, Inc Company Information, Head Office, Market Area and Industry Position

9.7.2 Hartford Financial Services Group, Inc Company Profile and Main Business

9.7.3 Hartford Financial Services Group, Inc Commercial Fire Insurance Models, Specifications and Application

9.7.4 Hartford Financial Services Group, Inc Commercial Fire Insurance Revenue and Gross Margin, 2019-2024

9.7.5 Hartford Financial Services Group, Inc Recent Developments

9.8 People's Insurance Company of China

9.8.1 People's Insurance Company of China Company Information, Head Office, Market Area and Industry Position

9.8.2 People's Insurance Company of China Company Profile and Main Business

9.8.3 People's Insurance Company of China Commercial Fire Insurance Models, Specifications and Application

9.8.4 People's Insurance Company of China Commercial Fire Insurance Revenue and Gross Margin, 2019-2024

9.8.5 People's Insurance Company of China Recent Developments

9.9 China Insurance (Holdings) Co., Ltd.

9.9.1 China Insurance (Holdings) Co., Ltd. Company Information, Head Office, Market Area and Industry Position

9.9.2 China Insurance (Holdings) Co., Ltd. Company Profile and Main Business

9.9.3 China Insurance (Holdings) Co., Ltd. Commercial Fire Insurance Models, Specifications and Application

9.9.4 China Insurance (Holdings) Co., Ltd. Commercial Fire Insurance Revenue and Gross Margin, 2019-2024

9.9.5 China Insurance (Holdings) Co., Ltd. Recent Developments

9.10 China Life Insurance (Group) Company

9.10.1 China Life Insurance (Group) Company Company Information, Head Office, Market Area and Industry Position

9.10.2 China Life Insurance (Group) Company Company Profile and Main Business

9.10.3 China Life Insurance (Group) Company Commercial Fire Insurance Models, Specifications and Application

9.10.4 China Life Insurance (Group) Company Commercial Fire Insurance Revenue and Gross Margin, 2019-2024

9.10.5 China Life Insurance (Group) Company Recent Developments

9.11 China Reinsurance (Group) Company

9.11.1 China Reinsurance (Group) Company Company Information, Head Office, Market Area and Industry Position

9.11.2 China Reinsurance (Group) Company Company Profile and Main Business

9.11.3 China Reinsurance (Group) Company Commercial Fire Insurance Models, Specifications and Application

9.11.4 China Reinsurance (Group) Company Commercial Fire Insurance Revenue and Gross Margin, 2019-2024

9.11.5 China Reinsurance (Group) Company Recent Developments

9.12 China Pacific Insurance (Group) Co., Ltd.

9.12.1 China Pacific Insurance (Group) Co., Ltd. Company Information, Head Office, Market Area and Industry Position

9.12.2 China Pacific Insurance (Group) Co., Ltd. Company Profile and Main Business

9.12.3 China Pacific Insurance (Group) Co., Ltd. Commercial Fire Insurance Models, Specifications and Application

9.12.4 China Pacific Insurance (Group) Co., Ltd. Commercial Fire Insurance Revenue and Gross Margin, 2019-2024

9.12.5 China Pacific Insurance (Group) Co., Ltd. Recent Developments

9.13 Ping An Insurance (Group) Company of China, Ltd.

9.13.1 Ping An Insurance (Group) Company of China, Ltd. Company Information, Head Office, Market Area and Industry Position

9.13.2 Ping An Insurance (Group) Company of China, Ltd. Company Profile and Main Business

9.13.3 Ping An Insurance (Group) Company of China, Ltd. Commercial Fire Insurance Models, Specifications and Application

9.13.4 Ping An Insurance (Group) Company of China, Ltd. Commercial Fire Insurance Revenue and Gross Margin, 2019-2024

9.13.5 Ping An Insurance (Group) Company of China, Ltd. Recent Developments

9.14 China United Insurance Holdings Co., Ltd.

9.14.1 China United Insurance Holdings Co., Ltd. Company Information, Head Office, Market Area and Industry Position

9.14.2 China United Insurance Holdings Co., Ltd. Company Profile and Main Business

9.14.3 China United Insurance Holdings Co., Ltd. Commercial Fire Insurance Models, Specifications and Application

9.14.4 China United Insurance Holdings Co., Ltd. Commercial Fire Insurance Revenue and Gross Margin, 2019-2024

9.14.5 China United Insurance Holdings Co., Ltd. Recent Developments

9.15 Tokio Marine & Nichido Fire Insurance Co., Ltd.

9.15.1 Tokio Marine & Nichido Fire Insurance Co., Ltd. Company Information, Head Office, Market Area and Industry Position

9.15.2 Tokio Marine & Nichido Fire Insurance Co., Ltd. Company Profile and Main Business

9.15.3 Tokio Marine & Nichido Fire Insurance Co., Ltd. Commercial Fire Insurance Models, Specifications and Application

9.15.4 Tokio Marine & Nichido Fire Insurance Co., Ltd. Commercial Fire Insurance Revenue and Gross Margin, 2019-2024

9.15.5 Tokio Marine & Nichido Fire Insurance Co., Ltd. Recent Developments

9.16 Hyundai Marine & Fire Insurance

9.16.1 Hyundai Marine & Fire Insurance Company Information, Head Office, Market Area and Industry Position

9.16.2 Hyundai Marine & Fire Insurance Company Profile and Main Business

9.16.3 Hyundai Marine & Fire Insurance Commercial Fire Insurance Models, Specifications and Application

9.16.4 Hyundai Marine & Fire Insurance Commercial Fire Insurance Revenue and Gross Margin, 2019-2024

9.16.5 Hyundai Marine & Fire Insurance Recent Developments

10 Conclusion

11 Appendix

11.1 Research Methodology

11.2 Data Source

11.2.1 Secondary Sources

11.2.2 Primary Sources

11.3 Market Estimation Model

11.4 Disclaimer

Tables & Figures:
Show more
Research Methodology:
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
Commercial Fire Insurance Market Size Estimation

To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.

Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.

Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.

We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.

Data Source

Secondary Sources

This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.

These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.

Market Size
  • Segmental value
  • Geographic Penetration
  • Product Adoption Rate for Different market
  • Journals, Websites, and Press Releases
  • Annual Reports and SEC Filings
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Market Intellix Data Repository
Market Position of Top Company
  • Product Financials
  • Geographic value Mix
  • Total Company value
  • Business/Segmental value Mix
Qualitative Analysis
  • Influence Factors
  • Market Potential
  • Market Risks and Opportunities
  • Industry Trends
  • Geographical Features
  • Government Policies
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Annual Reports
  • Industry Associations
  • Market Intellix Data Repository

Primary Sources

As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.

On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.

These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.

Key Data Information from Primary Sources

Primary Sources Parameters Key Data
Market Segments(by Application, by Type)
  • Value by Type
  • Status and Forecast
  • Value by Application
  • Value by Regions, Status and Forecast (2025-2031)
  • Value Market Share by Type
  • Value Growth Rate by Type
  • Value by Application
  • Percentage and Growth Rate by Application
  • Value Growth Rate and Market Share by Regions
  • Market Size Status and Forecast (2025-2031)
Total Market
  • Overall Size, Status and Forecast
  • Market Size Status and Forecast (2025-2031)
Frequently asked questions(FAQ's):
Why is the Commercial Fire Insurance Market trending toward high growth trajectories?
A dynamic process in the Commercial Fire Insurance Market is initiated by new entrants, including competitors from unrelated industries, in addition to the established players like Allianz, AXA, AIG, Zurich, Chubb, Generali, Liberty Mutual, State Farm, Travelers, Farmers Insurance, CNA Financial, Hiscox, Tokio Marine, Swiss Re, Munich Re, Hartford Financial Services, Berkshire Hathaway, Sompo Holdings, MAPFRE, China Pacific Insurance.
How are players chosen for the research coverage of the Commercial Fire Insurance Market study?
MI used a variety of industry standards such as NAICS, ICB, TRIC, and others to identify functional players in the industry, which they then shortlist and validate in an iterative process to finalize the most relevant players.
What important business segments are segregated by application types in the latest edition of the Commercial Fire Insurance Market?
The key business segments in the Commercial Fire Insurance Market are segregated by applications [Retail, Manufacturing, Hospitality, Warehousing] and types [Property Fire Insurance, Business Interruption Coverage, Equipment Damage Insurance, Fire Liability Coverage].
How big is the Commercial Fire Insurance Market by 2030?
It is expected that the Commercial Fire Insurance Market will reach USD XX million by 2030.
What does the future hold for the Commercial Fire Insurance Market?
As the shift to value addition continues, companies in the Commercial Fire Insurance Market face the dual challenge of improving interoperability to optimize performance and experience.
What are the primary data sources used to evaluate the Commercial Fire Insurance Market sizing?
The majority of data for the Commercial Fire Insurance Industry is gathered through primary sources, which include interviews and surveys with industry experts from the core and related industries involved in the supply chain. Secondary sources, such as SEC filings, annual reports, whitepapers, and press releases, are also used.