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US Insurance Industry 2011
RocSearch Ltd, June 2011, Pages: 26
This report provides readers with a comprehensive overview of the US Property and Casualty (P/C) Insurance industry, its importance in the overall insurance industry in the US, historical growth, and future outlook. Readers will gain an understanding of the various trends, drivers and challenges faced by the P/C industry, its value chain as well as the various stakeholders involved in this business.
The US insurance industry comprises establishments which provide financial protection to their customers against unforeseen events. The industry is classified according to the nature of assets that are protected under the insurance agreement, and comprises three broad segments: Life/Health (L/H), Property/Casualty (P/C) and Health insurance. The industry is highly competitive, characterized by the presence of large local players offering multiple insurance products. A positive economic outlook for US employment and the automobile and the real estate sectors is expected to drive an increase in demand for insurance.
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