{"id":251402,"date":"2025-05-02T13:17:47","date_gmt":"2025-05-02T07:32:47","guid":{"rendered":"https:\/\/insurancekhabar.com\/asia-pacific-commercial-vehicle-insurance-expected-to-grow-by-3-2-annually-2\/"},"modified":"2025-05-02T13:17:47","modified_gmt":"2025-05-02T07:32:47","slug":"asia-pacific-commercial-vehicle-insurance-expected-to-grow-by-3-2-annually-2","status":"publish","type":"post","link":"https:\/\/english.insurancekhabar.com\/asia-pacific-commercial-vehicle-insurance-expected-to-grow-by-3-2-annually-2\/","title":{"rendered":"Asia Pacific commercial vehicle insurance expected to grow by 3.2% annually"},"content":{"rendered":"<p>Kathmandu. The commercial vehicle insurance sector in the Asia-Pacific region is projected to grow at a compound annual growth rate (CAGR) of 3.2 per cent. Such a CAGR will be from 2024 to 2032, according to market data. <\/p>\n<p>The size of the commercial vehicle insurance market is also increasing with the increase in the trend of middle-class families buying new cars in the Asia Pacific region. Vehicle insurance business in the region stood at $257.88 billion in 2023. Which is an increase of 13.5 percent compared to 2019. <\/p>\n<p>The size of the global vehicle insurance market is projected to grow at a CAGR of 9.9 per cent from 2024 to 2032.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kathmandu. The commercial vehicle insurance sector in the Asia-Pacific region is projected to grow at a compound annual growth rate (CAGR) of 3.2 per cent. Such a CAGR will be from 2024 to 2032, according to market data. The size of the commercial vehicle insurance market is also increasing with the increase in the trend [&hellip;]<\/p>\n","protected":false},"author":16,"featured_media":215181,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[45043,45044,45159],"tags":[],"class_list":["post-251402","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-auto-en","category-international-news-en","category-news-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/251402","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/comments?post=251402"}],"version-history":[{"count":0,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/251402\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/media\/215181"}],"wp:attachment":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/media?parent=251402"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/categories?post=251402"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/tags?post=251402"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}