The Global Health Insurance market will register an incremental spend of about $748 billion, growing at a CAGR of 7.29% during the five-year forecast period. A targeted strategic approach to Global Health Insurance sourcing can unlock several opportunities for buyers. This report also offers market impact and new opportunities created due to the COVID-19 pandemic. Request free sample pages

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201008005392/en/

SpendEdge has announced the release of its Global Health Insurance Market Procurement Intelligence Report (Graphic: Business Wire)

Key benefits to buy this report:

  • What are the market dynamics?

  • What are the key market trends?

  • What are the category growth drivers?

  • What are the constraints on category growth?

  • Who are the suppliers in this market?

  • What are the demand-supply shifts?

  • What are the major category requirements?

  • What are the procurement best practices in this market?

Information on Latest Trends and Supply Chain Market Information Knowledge centre on COVID-19 impact assessment

SpendEdge’s reports now include an in-depth complimentary analysis of the COVID-19 impact on procurement and the latest market data to help your company overcome sourcing challenges. Our Global Health Insurance market procurement intelligence report offers actionable procurement intelligence insights, sourcing strategies, and action plans to mitigate risks arising out of the current pandemic situation. The insights offered by our reports will help procurement professionals streamline supply chain operations and gain insights into the best procurement practices to mitigate losses.

Insights into buyer strategies and tactical negotiation levers:

Several strategic and tactical negotiation levers are explained in the report to help buyers achieve the best prices for Global Health Insurance market. The report also aids buyers with relevant Global Health Insurance pricing levels, pros and cons of prevalent pricing models such as volume-based pricing, spot pricing, and cost-plus pricing and category

The Global Insurance Services market will register an incremental spend of about $1 trillion, growing at a CAGR of 4.00% during the five-year forecast period. A targeted strategic approach to Global Insurance Services sourcing can unlock several opportunities for buyers. This report also offers market impact and new opportunities created due to the COVID-19 pandemic. Request free sample pages

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201007005352/en/

SpendEdge has announced the release of its Global Procurement of Insurance Services Market Procurement Intelligence Report (Graphic: Business Wire)

Key benefits to buy this report:

  • What are the market dynamics?

  • What are the key market trends?

  • What are the category growth drivers?

  • What are the constraints on category growth?

  • Who are the suppliers in this market?

  • What are the demand-supply shifts?

  • What are the major category requirements?

  • What are the procurement best practices in this market?

Information on Latest Trends and Supply Chain Market Information Knowledge centre on COVID-19 impact assessment

SpendEdge’s reports now include an in-depth complimentary analysis of the COVID-19 impact on procurement and the latest market data to help your company overcome sourcing challenges. Our Global Insurance Services market procurement intelligence report offers actionable procurement intelligence insights, sourcing strategies, and action plans to mitigate risks arising out of the current pandemic situation. The insights offered by our reports will help procurement professionals streamline supply chain operations and gain insights into the best procurement practices to mitigate losses.

Insights into buyer strategies and tactical negotiation levers:

Several strategic and tactical negotiation levers are explained in the report to help buyers achieve the best prices for Global Insurance Services market. The report also aids buyers with relevant Global Insurance Services pricing levels, pros and cons of prevalent pricing models such as volume-based pricing, spot pricing, and cost-plus pricing

Boeing projects that the global coronavirus pandemic will result in 11% fewer new jets being delivered in the next decade compared to previous forecasts.

That’s about 2,200 fewer large aircraft built by all manufacturers, or 220 fewer per year on average. Those are mostly projected to be Airbus and Boeing jets but also include smaller regional jets and some built by up-and-coming competition in China.

The projection, part of Boeing’s annual 20-year forecast of total commercial jet industry demand, indicates the severity of the downturn in the aviation business, the challenges still ahead and a painfully slow path to recovery.

Boeing’s forecast, released Tuesday, assumes that the pandemic’s impact will hit hardest through the next three years.

Briefing journalists on the projections, Darren Hulst, vice president of commercial marketing at Boeing, said it will take that long for passenger traffic to recover to 2019 levels.

And he said it will be five years before traffic is back to where it would have been if COVID-19 hadn’t happened and the long-term trend of about 4% growth per year resumes.

For the past decade, passenger air traffic had been growing at about twice that pace and airlines were raking in cash. COVID-19 halted the boom.

Hulst said that annual passenger-traffic growth through 2024 will be about a third of what it had been in the boom decade — and starting from very depressed current traffic levels.

Darren Hulst, vice president of commercial marketing at Boeing, said pandemic’s impact on the aviation industry will hit hardest through the next three years. (Boeing)
Darren Hulst, vice president of commercial marketing at Boeing, said pandemic’s impact on the aviation industry will hit hardest through the next three years. (Boeing)

The latest International Air Transport Association (IATA) data shows passenger traffic in August down 75% worldwide compared to a year earlier. Domestic traffic was just less than half what it was in 2019, and international traffic was 12% of the level

Here’s what you need to know:

Credit…Andrew Mangum for The New York Times

The Labor Department is expected to report on Friday that U.S. employers continued to bring back workers in September, but that the loss of momentum that began over the summer has continued into the fall.

Forecasters surveyed by Bloomberg estimate that the report, due at 8:30 a.m., will show that the economy added 875,000 jobs in September, down from 1.4 million in August and close to five million in June. The unemployment rate is expected to fall to 8.2 percent from 8.4 percent in August and a record high of nearly 15 percent in April.

But forecasters have struggled throughout the pandemic, and the range of estimates is unusually broad this time: The most optimistic economist in Bloomberg’s survey expects a gain of 1.8 million jobs. The most pessimistic expects a loss of 100,000.

Whatever the number, the report could have significant economic and political implications.

This will be the last monthly jobs report — and one of the last major economic data releases — before the presidential election. It will probably provide fodder for both major candidates: President Trump and his supporters can accurately say that the economy has rebounded — and unemployment has fallen — much faster than many forecasters expected last spring. Democrats can say, just as accurately, that the recovery is slowing at a time when millions remain out of work.

Economists say the slowdown is at least partly a result of the expiration of federal aid programs for households and businesses, and they warn that it could worsen if Congress doesn’t provide more help. Aneta Markowska, chief financial economist for the investment

The MarketWatch News Department was not involved in the creation of this content.

Sep 30, 2020 (Market Insight Reports) —
Selbyville, Delaware Market Study Report, has recently added a report on the ‘Travel Insurance market’ which presents substantial inputs about the market size, market share, regional trends, and profit projection of this business sphere. The report also enlightens users regarding the foremost challenges and existing growth tactics implemented by the leading organizations that constitute the dynamic competitive gamut of this industry.

Request Sample Copy of this report at: https://www.marketstudyreport.com/request-a-sample/2790742/?utm_source=Marketwatch&utm_medium=SHR

Global Travel Insurance Market is valued approximately at USD 15.60 billion in 2019 and is anticipated to grow with a CAGR of 14.44% over the forecast period 2020-2027.

Major market player included in this report are:

  1. Allianz SE (Germany)
  2. Munich Reinsurance America (US)
  3. American Express Company (US)
  4. Travelex Insurance Services (US)
  5. Bajaj Finserv Limited (India)
  6. China Pacific Life Insurance Co., Ltd. (China)
  7. MS&AD Insurance Group Holdings (Japan)
  8. Munich Re Group (Germany)
  9. Ping An Insurance (China)
  10. Prudential Financial, Inc. (US)

The detailed segments and sub-segment of the market are explained below:

By Insurance Cover:

  1. Single Trip Travel Insurance
  2. Annual Multi-Trip Travel Insurance
  3. Long-Stay Travel Insurance
  4. By Distribution Channel:
  5. Insurance Intermediaries
  6. Insurance Company
  7. Bank
  8. Insurance Broker
  9. Insurance Aggregator
  10. Others

By User:

  1. Senior Citizens
  2. Education Traveller
  3. Backpacker
  4. Business Traveller
  5. Family Traveller
  6. Fully independent Traveller

By Region:

  1. North America
  2. S.
  3. Canada
  4. Europe
  5. UK
  6. Germany
  7. Asia Pacific
  8. China
  9. India
  10. Japan
  11. Latin America
  12. Brazil
  13. Mexico
  14. Rest of the World

Tourism accounts a significant share of International Trade services with rise in the number of international tourists worldwide. For Instance: As per data from United Nation World Tourism Organization, in the first half of 2019, 4% rise in the number of international tourists travel worldwide has been noticed. Such tremendous rise in the tourism industry over the years