SEARCH   
MEMBER LOGIN    

Property, Casualty and Direct Insurance in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Property, Casualty and Direct Insurance Market Research Report | NAICS 52412 | Apr 2016

Saving up: Rising premiums and higher interest rates will improve industry revenue prospects

IBISWorld’s Property, Casualty and Direct Insurance market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Industry Statistics & Market Size
Revenue
$601bn
Annual Growth 11-16
2.7%
Annual Growth 16-21
Add to Cart
Profit
Add to Cart
Employment
598,765
Businesses
3,232
Industry Analysis & Industry Trends

Over the five years to 2016, revenue growth for the Property, Casualty and Direct Insurance industry was stifled due to a soft pricing cycle, historically low-interest rates and volatile equity markets. In the coming years, technological changes, including systems upgrades and the increased use of cloud computing, will enable industry operators to decrease operational expenses and more effectively manage risk. In addition, rising premiums and higher interest rates expected will significantly improve the industry's revenue prospects... purchase to read more

Industry Report - Industry Key Buyers Chapter

The Property, Casualty and Direct Insurance industry operates with a low level of market share concentration. The top four companies are estimated to account for 31.8% of total industry revenue in 2016, representing a slight increase from 27.3% in 2011. The property and casualty (P&C) market dominates the industry as a share of revenue. Despite some merger and acquisition activity over the five-year period, concentration among the top four players has not changed dramatically... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Property, Casualty and Direct Insurance Industry?

Operators in this industry are primarily engaged in underwriting insurance policies that protect individuals, businesses and agencies against losses that occur as a result of property damage, liability or other risks. Industry participants also protect real estate owners or creditors against losses sustained as a result of any title defect to real property. This industry does not include insurance coverage for life, disability, accidental death, dismemberment or health risks.

Industry Products
Private passenger autoCommercial autoHomeowners multiple perilOther liabilityWorkers compensationCommercial multiple perilFire
 
Industry Activities
Directly underwriting automobile insuranceDirectly underwriting homeowners' insuranceDirectly underwriting title insuranceDirectly underwriting workers' compensation insuranceDirectly underwriting medical malpractice insuranceReinsuring policies from other insurance companies


View Sample
Quote
Select Clients