The Global Liability Insurance Market Size is Expected to Grow from USD 279.41 Billion in 2023 to USD 495.51 Billion by 2033, at a CAGR of 5.90% during the forecast period 2023-2033.Liability insurance protects individuals or businesses from financial losses in the event they are found legally responsible for causing injury or damage to someone else's property. It covers the costs of damages and legal expenses that may be awarded to the injured party.