Summary
Non-Life Insurance in North America industry profile provides top-line qualitative and quantitative summary information including: market share, 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 non-life insurance market in North America
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the non-life insurance market in North America
- Leading company profiles reveal details of key non-life insurance market players' global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the North America non-life insurance market with five year forecasts
Synopsis
Essential resource for top-line data and analysis covering the North America non-life 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 non-life insurance market by value in 2015?
- What will be the size of the North America non-life insurance market in 2020?
- What factors are affecting the strength of competition in the North America non-life insurance market?
- How has the market performed over the last five years?
- Who are the top competitors in North America's non-life insurance market?
Key Highlights
The non-life insurance market consists of the general insurance market segmented into motor, property, liability and other insurance. The other segment is made up of non-life insurance products including health, travel, and accident cover among others. The value of the non-life insurance market is shown in terms of gross premium incomes. Gross premium income is defined as the insurer's premium income for the year from its policies, calculated without reduction for reinsurance premiums paid or payable by the insurer. Any currency conversions used in the report have been calculated using constant 2015 annual average exchange rates.
The North American non-life insurance market had total gross written premiums of $857.0bn in 2015, representing a compound annual growth rate (CAGR) of 3.6% between 2011 and 2015.
The motor segment was the market's most lucrative in 2015, with total gross written premiums of $333.7bn, equivalent to 38.9% of the market's overall value.
Motor insurance is the dominating segment of non-life insurance in North America. Motor insurance in North America has grown over the past few years and with the implementation of price comparison websites across the different segments of this market, this allows customers to quickly compare prices and obtain a number of quotes with ease tailor made to themselves.
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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 non-life insurance market value: $ billion, 2011-15
Table 2: North America non-life insurance market category segmentation: $ billion, 2015
Table 3: North America non-life insurance market geography segmentation: $ billion, 2015
Table 4: North America non-life insurance market share: % share, by value, 2015
Table 5: North America non-life 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
