Allianz Ord Shs ALIZF

Financial Services Insurance - Diversified

Allianz SE is a German-based financial service company. The Company is the holding company of the Allianz Group (Allianz SE and its subsidiaries). The Company's segments include Property-Casualty, Life/Health, Asset Management, and Corporate and Other. The Company provides a range of reinsurance coverage, primarily to Allianz insurance entities, as well as to third-party customers. The Property-Casualty segment offers a range of products and services for both private and corporate clients. The Life/Health segment offers a range of life and health insurance products on both an individual and a group basis. The Asset Management segment provides institutional and retail asset management products and services to third-party investors, and provides investment management services to the Allianz Group's insurance operations. The Corporate and Other segment includes Holding & Treasury, Banking and Alternative Investments.

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Post by ivosmithon Dec 15, 2023 1:22am

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Post# 35786063

Extended Warranty Market Report, Outlook 2024-2032

According to the latest research report, the global extended warranty market size reached US$ 139.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 232.8 Billion by 2032, exhibiting a growth rate (CAGR) of 5.8% during 2024-2032.

There is currently a rising demand for high-value items, driven by increasing disposable incomes and evolving consumer preferences. Premium smartphones, high-end laptops, luxury vehicles, and other high-value items are gaining popularity among consumers globally. However, these luxury products often come with a substantial price tag, leading customers to be cautious about potential repair costs once the standard warranty expires. As a result, consumers are actively opting for ongoing extended warranties that can cover the costs of defects and malfunctions in high-value products. Furthermore, the continuous adoption of extended warranty coverage for these expensive purchases, as consumers actively seek financial protection and peace of mind, is currently positively influencing the market.

Explore full report with Table of Contents: https://www.imarcgroup.com/extended-warranty-market