Summary
Non-Life Insurance in the United States 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 the United States
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the non-life insurance market in the United States
- 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 United States non-life insurance market with five year forecasts
Synopsis
Essential resource for top-line data and analysis covering the United States 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 United States non-life insurance market by value in 2015?
- What will be the size of the United States non-life insurance market in 2020?
- What factors are affecting the strength of competition in the United States non-life insurance market?
- How has the market performed over the last five years?
- Who are the top competitors in the United States' 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 US non-life insurance market had total gross written premiums of $776.8bn in 2015, representing a compound annual growth rate (CAGR) of 3.5% between 2011 and 2015.
The motor segment was the market's most lucrative in 2015, with total gross written premiums of $300.6bn, equivalent to 38.7% of the market's overall value.
The motor insurance market has increased in the past few years owing to more cars on the road. As such, an increased in motor insurance revenues is expected. With more cars on the road, the risk of accidents is increased with a knock on effect on motor insurance premiums.
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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
Macroeconomic Indicators
Country data
Methodology
Industry associations
Related MarketLine research
Appendix
About MarketLine
Table 1: United States non-life insurance market value: $ billion, 2011-15
Table 2: United States non-life insurance market category segmentation: $ billion, 2015
Table 3: United States non-life insurance market geography segmentation: $ billion, 2015
Table 4: United States non-life insurance market share: % share, by value, 2015
Table 5: United States 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
Table 18: United States size of population (million), 2011-15
Table 19: United States gdp (constant 2005 prices, $ billion), 2011-15
Table 20: United States gdp (current prices, $ billion), 2011-15
Table 21: United States inflation, 2011-15
Table 22: United States consumer price index (absolute), 2011-15
Table 23: United States exchange rate, 2011-15
The Allstate Corporation
Berkshire Hathaway Inc.
Liberty Mutual Holding Company Inc.
State Farm Mutual Automobile Insurance Company
