Industry Analysis & Industry Trends
The Global Direct General Insurance Carriers industry provides protection from the costs arising from a variety of events, such as auto accidents, natural catastrophes and medical malpractice. In the five years to 2015, industry revenue grew only modestly as investment income plummeted and premium prices softened in developed markets. As a result, industry firms have increasingly turned their focus to emerging markets, where increased wealth is creating new demand for insurance products. Revenue is expected to grow at a stronger rate in the five years to 2020, as demand rebounds and the industry's largest players consolidate... read more
Industry Key Buyers
Market share concentration within the Global Direct General Insurance Carriers industry is low, with the top four companies accounting for an estimated 13.9% of total industry revenue in 2015. Moreover, the level of concentration within the industry has decreased in recent years, as the top four companies accounted for 16.5% of the market in 2010. While companies in the industry's mature markets continue to consolidate, these same companies have not kept pace with global revenue growth in recent years, given their reliance on saturated markets for sales.
Concentration levels do vary by region, country and product line... read more