Summary
Insurance in North America industry profile provides top-line qualitative and quantitative summary information including: market size (value 2011-15, and forecast to 2020). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Findings
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the insurance market in North America
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the insurance market in North America
- Leading company profiles reveal details of key insurance market players' global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the North America insurance market with five year forecasts
Synopsis
Essential resource for top-line data and analysis covering the North America insurance market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.
Reasons To Buy
- What was the size of the North America insurance market by value in 2015?
- What will be the size of the North America insurance market in 2020?
- What factors are affecting the strength of competition in the North America insurance market?
- How has the market performed over the last five years?
- What are the main segments that make up North America's insurance market?
Key Highlights
The insurance market consists of the non-life insurance sector and the life insurance sector. The value of the market is shown in terms of gross premium incomes.
The North American insurance market had total gross written premiums of $1,465.8bn in 2015, representing a compound annual growth rate (CAGR) of 2.3% between 2011 and 2015.
The non-Life insurance segment was the market's most lucrative in 2015, with total gross written premiums of $857.0bn, equivalent to 58.5% of the market's overall value.
The motor insurance sub-segment is performing well. Rising economic confidence, high employment levels and falling oil prices have seen more cars on the road which increases accident volumes, which in turn increases premium rates.
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Executive Summary
Market value
Market value forecast
Category segmentation
Geography segmentation
Market share
Market rivalry
Market Overview
Market definition
Market analysis
Market Data
Market value
Market Segmentation
Category segmentation
Geography segmentation
Market share
Market Outlook
Market value forecast
Five Forces Analysis
Summary
Buyer power
Supplier power
New entrants
Threat of substitutes
Degree of rivalry
Leading Companies
The Allstate Corporation
Berkshire Hathaway Inc.
Liberty Mutual Holding Company Inc.
State Farm Mutual Automobile Insurance Company
Methodology
Industry associations
Related MarketLine research
Appendix
About MarketLine
Table 1: North America insurance market value: $ billion, 2011-15
Table 2: North America insurance market category segmentation: $ billion, 2015
Table 3: North America insurance market geography segmentation: $ billion, 2015
Table 4: North America insurance market share: % share, by value, 2015
Table 5: North America insurance market value forecast: $ billion, 2015-20
Table 6: The Allstate Corporation: key facts
Table 7: The Allstate Corporation: key financials ($)
Table 8: The Allstate Corporation: key financial ratios
Table 9: Berkshire Hathaway Inc.: key facts
Table 10: Berkshire Hathaway Inc.: key financials ($)
Table 11: Berkshire Hathaway Inc.: key financial ratios
Table 12: Liberty Mutual Holding Company Inc.: key facts
Table 13: Liberty Mutual Holding Company Inc.: key financials ($)
Table 14: Liberty Mutual Holding Company Inc.: key financial ratios
Table 15: State Farm Mutual Automobile Insurance Company: key facts
Table 16: State Farm Mutual Automobile Insurance Company: key financials ($)
Table 17: State Farm Mutual Automobile Insurance Company: key financial ratios
The Allstate Corporation
Berkshire Hathaway Inc.
Liberty Mutual Holding Company Inc.
State Farm Mutual Automobile Insurance Company