Non-Life Insurance in the United States industry profile provides top-line qualitative and quantitative summary information including: market size (value 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The non-life insurance market consists of the general insurance market segmented into motor, property, liability and other insurance. The other segment is made up of non-life insurance products including health, travel, and accident cover among others. The value of the non-life insurance market is shown in terms of gross premium incomes. Gross premium income is defined as the insurer’s premium income for the year from its policies, calculated without reduction for reinsurance premiums paid or payable by the insurer.
- The US non-life insurance market had total gross written premiums of $1,897.9bn in 2020, representing a compound annual growth rate (CAGR) of 4.3% between 2016 and 2020.
- The property segment was the market's most lucrative in 2020, with total gross written premiums of $658.4bn, equivalent to 34.7% of the market's overall value.
- The indispensability of certain types of non-life insurance in the US, such as motor insurance, has supported a stable, moderate pace of market growth.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the non-life insurance market in the United States
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the non-life insurance market in the United States
- Leading company profiles reveal details of key non-life insurance market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the United States non-life insurance market with five year forecasts
Reasons to Buy
- What was the size of the United States make-up market by value in 2020?
- What will be the size of the United States make-up market in 2025?
- What factors are affecting the strength of competition in the United States make-up market?
- How has the market performed over the last five years?
- Who are the top competitors in the United State's make-up market?
Frequently Asked Questions about the Non-Life Insurance in the U.S. of America Market
What is the estimated value of the Non-Life Insurance in the U.S. of America Market?
What is the growth rate of the Non-Life Insurance in the U.S. of America Market?
What is the forecasted size of the Non-Life Insurance in the U.S. of America Market?
Who are the key companies in the Non-Life Insurance in the U.S. of America Market?
| Report Attribute | Details |
|---|---|
| No. of Pages | 47 |
| Published | November 2021 |
| Forecast Period | 2020 - 2025 |
| Estimated Market Value ( USD | $ 1897.88 Billion |
| Forecasted Market Value ( USD | $ 2246.98 Billion |
| Compound Annual Growth Rate | 3.4% |
| Regions Covered | United States |
Table of Contents
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Companies Mentioned
A selection of companies mentioned in this report includes:
- State Farm Mutual Automobile Insurance Co
- Berkshire Hathaway Inc
- Liberty Mutual Insurance Co
- The Progressive Corp
