Global Direct General Insurance Carriers
The Global Direct General Insurance Carriers industry provides protection from the costs arising from a variety of events, such as auto accidents, natural catastrophes and medical malpractice. In the five years to 2015, industry revenue grew only modestly as investment income plummeted and premium prices softened in developed markets. As a result, industry firms have increasingly turned their focus to emerging markets, where increased wealth is creating new demand for insurance products. Revenue is expected to grow at a stronger rate in the five years to 2020, as demand rebounds and the industry's largest players consolidate.
Businesses in this industry initially underwrite insurance policies relating to property, casualty, liability and other general risks. In underwriting insurance policies, general insurers earn premiums that they then invest to generate additional income. The underwriting of life, disability, health and medical insurance represents a separate industry, although many businesses compete in both insurance markets.
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.
Associated British Foods PLC
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