Industry Analysis & Industry Trends
After experiencing financial and natural catastrophes during the past five years, the industry remains relatively strong. While revenue declined steadily during the recession, investment conditions and profitability are both expected to increase during the next five years, benefiting operators. Underwriting gains will be a key aspect of the industry's success over the period, and more companies will use the internet to boost profitability... purchase to read more
Industry Report - Industry Key Buyers Chapter
The US Property, Casualty and Direct Insurance industry is comprised mainly on two distinct insurance sectors. The main sector is property and casualty insurance (P&C), which accounts for about 97.6% of industry revenue. The P&C market is not highly concentrated as the top four major players collectively account for less than 40% of industry revenue. Specifically, the top four P&C companies are expected to account for about 28.6% of the industry market in 2012.
In 2002, the Census Bureau stated that the top four players accounted for 28.2% of revenue, which suggests that despite some merger and acquisition activity, concentration among the top four players has changed little... purchase to read more