Property, Casualty & Direct Insurance in New York

What’s Included in the Property, Casualty & Direct Insurance in New York Market Research Report

Definition of the Property, Casualty & Direct Insurance in New York?

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 & Direct Insurance in New York?

The Property, Casualty & Direct Insurance in New York 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 & Direct Insurance in New York 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 & Direct Insurance industry in New York

Benchmark the Property, Casualty & Direct Insurance in New York industry performance with all NY county and national performance.

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Key Drivers of the Property, Casualty & Direct Insurance industry in New York

See how key industry drivers, such as population, median houshold income, new business formation, number of motor vehicle registrations, homeownership rate and yield on 10-year treasury note are impacting Property, Casualty & Direct Insurance in New York

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County Data of the Property, Casualty & Direct Insurance industry in New York

Access proprietary data on county in the Property, Casualty & Direct Insurance in New York, such as New York County, Nassau County and Suffolk County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Property, Casualty & Direct Insurance industry in New York

Download 18 years of historical data and 5 years of projected performance.