Actuarial Consulting Services in the US - Industry Market Research Report

Actuarial Consulting Services

Actuaries for risky business: During the recession, many insurers lost money on subprime mortgage holdings and other risky investments. These losses have sparked more interest in actuaries, which are used to assess the risk of specific events. In the five years to 2017, demand is expected to rise as a result of increasing corporate profit and growing regulation in financial services industries. Furthermore, a decline in the unemployment rate will boost demand for insurance and retirement-related actuarial services.

This industry assesses the risk of events that occur by using statistical analysis and helping create policies for businesses and clients that minimize the cost of that risk. This industry does not include actuaries that are employed in-house by non-consulting firms, such as financial service providers and insurance companies.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.