Industry Analysis & Industry Trends
The Global General Insurance Carriers industry provides protection against the costs arising from a variety of property and casualty (P&C) events, such as auto accidents, natural catastrophes and medical malpractice. In the five years to 2014, industry revenue declined as investment income plummeted and premium prices softened. The next five years will feature strong revenue gains. Demand for insurance will grow, hardening premium prices, and investment income will pick up as investor confidence returns to global markets... 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 15.7% of total industry revenue in 2014. Moreover, the level of concentration within the industry has decreased in recent years, as the top four companies accounted for 18.3% of the market in 2009. 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