About the Property, Casualty and Direct Insurance in Illinois Market Research Report
What’s Included in the Property, Casualty and Direct Insurance in Illinois Market Research Report
Definition of the Property, Casualty and Direct Insurance in Illinois?
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.
What’s included in the Property, Casualty and Direct Insurance in Illinois?
The Property, Casualty and Direct Insurance in Illinois includes directly underwriting automobile insurance, directly underwriting homeowners' insurance, directly underwriting title insurance, directly underwriting workers' compensation insurance, directly underwriting medical malpractice insurance and reinsuring policies from other insurance companies. Related terms covered in the Property, Casualty and Direct Insurance in Illinois industry report includes the supply of insurance or the maximum amount of insurance a company or market can underwrite, which is determined by a firm's financial strength or surplus, the action of an insurer passing risk to a reinsurer. the cedent purchases a contract, indemnifying them for specific losses realized in assuming liability through the issuance of insurance policies, a measurement of a firm's underwriting performance and profitability; it equals the loss ratio plus the expense ratio, underwriting or operation expenses as a percentage of earned premiums, indicating the percentage of premium income that was consumed in writing insurance business, the percentage of premiums earned that were paid out as claims; it equals loss-incurred and loss-adjusted expenses (llae) divided by earned premiums, the difference between an insurer's liabilities and its assets; this is the financial cushion that protects policyholders in case of unexpectedly high claims, indemnity insurance that protects against financial loss from defects in title to real property and from invalidity of mortgage liens and the process where insurers assess the risks to insure and decide how much to charge for those risks.
Industry Performance of the Property, Casualty and Direct Insurance industry in Illinois
Benchmark the Property, Casualty and Direct Insurance in Illinois industry performance with all IL county and national performance.
Property, Casualty and Direct Insurance in Illinois
#1 in Highest Revenue 9% of state's GDPRevenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)
Property, Casualty and Direct Insurance in the US
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)
For the full list of industry drivers, see report purchase options.
Key Drivers of the Property, Casualty and Direct Insurance industry in Illinois
See how key industry drivers, such as are impacting Property, Casualty and Direct Insurance in Illinois
US Key External Drivers
Number of motor vehicle registrations
Homeownership rate
Yield on 10-year Treasury note
For the full list of industry drivers, see report purchase options.
County Data of the Property, Casualty and Direct Insurance industry in Illinois
Access proprietary data on county in the Property, Casualty and Direct Insurance in Illinois, such as Cook County, Dupage County and Lake County. Data includes figures on revenue, establishments, employees and wages by counties.
Key Statistics of the Property, Casualty and Direct Insurance industry in Illinois
Download 18 years of historical data and 5 years of projected performance.
