Global Flood Insurance Market (2025–2032) | CAGR: 17.2%
global flood insurance market is undergoing rapid expansion, driven by the rising frequency and severity of climate-related flood events, increasing property values in flood-prone regions, and stronger regulatory mandates worldwide. Valued at USD 13.16 billion in 2024, the market is projected to reach USD 39.02 billion by 2032, growing at a robust CAGR of 17.2%. Increasing awareness of financial risk protection, combined with technological advancements in climate analytics and parametric insurance models, is reshaping the global flood insurance landscape.