Global Direct General Insurance Carriers: Market Research Report

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

Global Direct General Insurance Carriers Market Research Report | Jan 2016

The global economy presents its own set of opportunities and threats for businesses in a range of industries. IBISWorld’s Global Direct General Insurance Carriers global market research report offers insightful industry analysis and research into the market at an international 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
Market Share of Companies
AIG AIG market share
Allianz Allianz market share
AXA AXA market share
State Farm Insurance State Farm Insurance market share
Industry Statistics & Forecast
Annual Growth 11-16
Annual Growth 16-21
Add to Cart
Add to Cart
Employment ('000)
Industry Analysis & Industry Trends

Despite mounting challenges over the majority of the period such as a softening insurance market, low interest rates, volatile equity markets and the single worst year of catastrophic disasters ever taking place in 2011, the Global Direct General Insurance Carriers industry has performed well during the five years to 2016. Strong demand from emerging markets and growing demand from established markets have bolstered insurance premiums, which have been priced more competitively amongst carriers. Over the five years to 2021, merger and acquisition activity is expected to intensify in the industry's developed markets, as large players acquire smaller competitors to expand their market share... read more

Industry Investment

The Global Direct General Insurance Carriers industry operates with a moderate level of capital intensity. IBISWorld estimates that for every $1.00 spent on wages, the industry will allocate $0.16 in capital investment. This 2016 figure represents a slight increase from the industry's capital intensity in 2011. Information technology is an important component of general insurers' operations and thus accounts for a sizeable portion of insurers' capital investment programs. IT offers variable cost savings in an insurer's back office functions, investment activities and retail activities. Indeed, IT investments have eased the labor burden of risk assessment, policy pricing and historical claims analysis... read more


Industry ProductsRelated ReportsTable of Contents

What is the Global Direct General Insurance Carriers Industry?

Businesses in this industry initially underwrite insurance policies relating to property, casualty, liability and other general risks. In underwriting insurance policies, general insurers earn premiums that they then invest to generate additional income. The underwriting of life, disability, health and medical insurance represents a separate industry, although many businesses compete in both insurance markets.

Industry Products
Private passenger autoHomeowners multiple perilOther liabilityWorkers compensationCommercial multiple perilCommercial autoFire
Industry Activities
Directly underwriting automobile insuranceDirectly underwriting homeowners' insuranceDirectly underwriting title insuranceDirectly underwriting workers' compensation insuranceDirectly underwriting medical malpractice insuranceInvesting premiums earned by underwriting insurance policies

Select Clients