Earthquake Insurance Market Size & Share, Growth, Top Trends Analysis forecast 2031

Research Methodology – Earthquake Insurance Market

At Straits Research, we adopt a rigorous 360° research approach that integrates both primary and secondary research methodologies. This ensures accuracy, reliability, and actionable insights for stakeholders. Our methodology for the Earthquake Insurance Market comprises the following key stages:

Market Indicator & Macro-Factor Analysis

Our baseline thesis for the Earthquake Insurance Market is developed by integrating key market indicators and macroeconomic variables. These include:

Factors considered while calculating market size and share

The total number of households in a region vulnerable to earthquakes.
The average cost of earthquake insurance per household.
The proportion of households in vulnerable areas that currently have earthquake insurance.
The potential for growth in the insurance market, based on factors such as infrastructure development and growing awareness of earthquake risks.
The current level of penetration of the insurance in the market.
The legislative restrictions and mandates related to earthquake insurance coverage.
The entry and exit rate of companies in the earthquake insurance market.

Key Market Indicators

The annual growth rate of the earthquake insurance market.
The total revenue generated by the earthquake insurance market.
The average price of insurance policies per household.
The rate of claims made on earthquake insurance policies.
The number of companies participating in the earthquake insurance market.
The level of coverage provided by earthquake insurances.

Growth Trends

Increasing awareness among people regarding the benefits of having earthquake insurance.
The infrastructural development in earthquake-prone areas may lead to an increase in demand.
Introduction of new and diverse insurance products related to earthquake insurance.
Government initiatives and regulations mandating the possession of earthquake insurance in certain regions.

Secondary Research

Our secondary research forms the foundation of market understanding and scope definition. We collect and analyze information from multiple reliable sources to map the overall ecosystem of the Earthquake Insurance Market. Key inputs include:

Company-Level Information

Annual reports, investor presentations, SEC filings
Company press releases and product launch announcements
Public executive interviews and earnings calls
Strategy briefings and M&A updates

Industry and Government Sources

Country-level industry associations and trade bodies
Government dossiers, policy frameworks, and official releases
Whitepapers, working papers, and public R&D initiatives
Relevant Associations for the Earthquake Insurance Market

Market Intelligence Sources

Broker reports and financial analyst coverage
Paid databases (Hoovers, Factiva, Refinitiv, Reuters, Statista, etc.)
Import/export trade data and tariff databases
Sector-specific journals, magazines, and news portals

Macro & Consumer Insights

Global macroeconomic indicators and their cascading effect on the industry
Demand–supply outlook and value chain analysis
Consumer behaviour, adoption rates, and commercialization trends

Primary Research

To validate and enrich our secondary findings, we conduct extensive primary research with industry stakeholders across the value chain. This ensures we capture both qualitative insights and quantitative validation. Our primary research includes:

Expert Insights & KOL Engagements

Key Opinion Leader (KOL) Engagements
Structured interviews with executives, product managers, and domain experts
Paid and barter-based interviews across manufacturers, distributors, and end-users

Focused Discussions & Panels

Discussions with stakeholders to validate demand-supply gaps
Group discussions on emerging technologies, regulatory shifts, and adoption barriers

Data Validation & Business POV

Cross-verification of market sizing and forecasts with industry insiders
Capturing business perspectives on growth opportunities and restraints

Data Triangulation & Forecasting

The final step of our research involves data triangulation ensuring accuracy through cross-verification of:

Demand-side analysis (consumption patterns, adoption trends, customer spending)
Supply-side analysis (production, capacity, distribution, and market availability)
Macroeconomic & microeconomic impact factors

Forecasting is carried out using proprietary models that combine: