The Global Commercial Insurance Market is projected to grow from $717.04 billion in 2023 to $779.91 billion in 2024, with a CAGR of 8.8%. By 2028, it is expected to reach $1,115.75 billion, driven by factors such as supply chain disruptions and climate change. Key trends include digitization, parametric insurance, and advanced technology adoption. The increasing number of commercial insurance providers is enhancing market competition and affordability for businesses. Asia-Pacific was the largest market region in 2023.
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