Title Insurance Carriers

First Research, Inc.
October 6, 2014
10 Pages - SKU: FRRS5345599
Countries covered: United States

Title Insurance Carriers

Brief Excerpt from Industry Overview Chapter:

Companies in this industry offer insurance policies to protect homeowners and other owners of real estate, as well as real estate creditors. Major companies include Fidelity National Financial, First American Title Insurance, Old Republic National Title, and Stewart Title (all based in the US).

Many large US-based companies provide title insurance in Europe and in countries such as Australia, Canada, China, Mexico, and South Korea, often for US buyers and lenders. The reliability of government systems of land registration reduces the market for title insurance in countries other than the US, however. The US has no single, comprehensive system of land registration.

The US title insurance industry includes about 1,900 companies with combined annual revenue of about $14 billion.

COMPETITIVE LANDSCAPE

Home sales and mortgage refinancing are the primary drivers of demand for the title insurance industry. The profitability of individual companies depends on efficient operations because of the large volume of transactions. Large companies benefit from economies of scale in access to large accumulated databases of property records. Small companies can mainly compete by specializing in nonstandard titles or in geographical regions that the large companies don't cover. The US industry is highly concentrated: the 50 largest companies account for about 95 percent of revenue.

PRODUCTS, OPERATIONS & TECHNOLOGY

More than 80 percent of industry revenue comes from title insurance products and premiums; about 10 percent comes from title search, title reconveyance and other fees. The two types of title...



More General Insurance reports by First Research, Inc.

Insurance Carriers by First Research, Inc.
Insurance CarriersBrief Excerpt from Industry Overview Chapter:Companies in this industry underwrite insurance policies and annuities that are paid out in the case of death, injury, ...
Insurance Agencies & Brokerages by First Research, Inc.
Insurance Agencies & BrokeragesBrief Excerpt from Industry Overview Chapter:Companies in this industry act as agents to sell insurance policies and annuities underwritten by insurance carriers. ...
Finance & Insurance Sector by First Research, Inc.
Finance & Insurance SectorBrief Excerpt from Industry Overview Chapter:Companies in this industry engage in financial transactions and create, liquidate, purchase, and sell financial assets such ...
See all reports like this >>

More United States General Insurance reports

Insurance Carriers by First Research, Inc.
Insurance CarriersBrief Excerpt from Industry Overview Chapter:Companies in this industry underwrite insurance policies and annuities that are paid out in the case of death, injury, ...
Insurance Agencies & Brokerages by First Research, Inc.
Insurance Agencies & BrokeragesBrief Excerpt from Industry Overview Chapter:Companies in this industry act as agents to sell insurance policies and annuities underwritten by insurance carriers. ...
Finance & Insurance Sector by First Research, Inc.
Finance & Insurance SectorBrief Excerpt from Industry Overview Chapter:Companies in this industry engage in financial transactions and create, liquidate, purchase, and sell financial assets such ...
Third-Party Administrators & Insurance Claims Adjusters - Industry Market Research Report - in the US by IBISWorld
Third-Party Administrators & Insurance Claims Adjusters in the USThe recession caused steep declines in demand for services from nearly all segments of the industry's customer ...
See all reports like this >>

More United States reports

The 2013-2018 Outlook for Collagen and (hyaluronic Acid) HA-Based Biomaterials in the United States by Icon Group International, Inc.
The 2013-2018 Outlook for Collagen and (hyaluronic Acid) HA-Based Biomaterials in the United StatesThis econometric study covers the latent demand outlook for collagen and (hyaluronic ...
The 2013-2018 Outlook for Relish in the United States by Icon Group International, Inc.
This econometric study covers the latent demand outlook for relish across the states and cities of the United States. Latent demand (in millions of U.S. ...
See all reports like this >>

 

SELECT A LICENSE

    Online Download  USD 129  
 
US: 800.298.5699
Int'l: +1.240.747.3093
 

Share this report


    Other tasks

     
     
    Join Alert Me now!
    Receive bi-weekly email alerts on new market research

    Sign up today!