Non-Life Insurance in the United States

Non-Life Insurance in the United States

Summary

Non-Life Insurance in the United States industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2014-18, and forecast to 2023). 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. Any currency conversions used in the report have been calculated using constant 2018 annual average exchange rates.
  • The US non-life insurance market had total gross written premiums of $876.0bn in 2018, representing a compound annual growth rate (CAGR) of 4.3% between 2014 and 2018.
  • High levels of household disposable income alongside lower consumer confidence in 2018 boosted sales for non-life insurance products.
  • The growth of the US market has been spurred by demand for accident and health non-life insurance products, as well as for motor insurance.
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 non-life insurance market by value in 2018?
  • What will be the size of the United States non-life insurance market in 2023?
  • What factors are affecting the strength of competition in the United States non-life insurance market?
  • How has the market performed over the last five years?
  • Who are the top competitiors in the United States's non-life insurance market?


1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market share
1.6. Market rivalry
1.7. Competitive Landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Market share
7.2. Who are the leading players?
7.3. What strategies do the leading players follow?
7.4. What is the rational for the recent M&A activity?
8 Company Profiles
8.1. State Farm Mutual Automobile Insurance Co
8.2. Berkshire Hathaway Inc
8.3. Liberty Mutual Holding Company Inc
8.4. The Allstate Corp
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: United States non-life insurance market value: $ billion, 2014-18
Table 2: United States non-life insurance market category segmentation: $ billion, 2018
Table 3: United States non-life insurance market geography segmentation: $ billion, 2018
Table 4: United States non-life insurance market value forecast: $ billion, 2018-23
Table 5: United States non-life insurance market share: % share, by value, 2018
Table 6: State Farm Mutual Automobile Insurance Co: key facts
Table 7: State Farm Mutual Automobile Insurance Co: Key Employees
Table 8: Berkshire Hathaway Inc: key facts
Table 9: Berkshire Hathaway Inc: Annual Financial Ratios
Table 10: Berkshire Hathaway Inc: Key Employees
Table 11: Liberty Mutual Holding Company Inc: key facts
Table 12: Liberty Mutual Holding Company Inc: Key Employees
Table 13: Liberty Mutual Holding Company Inc: Key Employees Continued
Table 14: The Allstate Corp: key facts
Table 15: The Allstate Corp: Annual Financial Ratios
Table 16: The Allstate Corp: Key Employees
Table 17: The Allstate Corp: Key Employees Continued
Table 18: United States size of population (million), 2014-18
Table 19: United States gdp (constant 2005 prices, $ billion), 2014-18
Table 20: United States gdp (current prices, $ billion), 2014-18
Table 21: United States inflation, 2014-18
Table 22: United States consumer price index (absolute), 2014-18
Table 23: United States exchange rate, 2014-18
List of Figures
Figure 1: United States non-life insurance market value: $ billion, 2014-18
Figure 2: United States non-life insurance market category segmentation: % share, by value, 2018
Figure 3: United States non-life insurance market geography segmentation: % share, by value, 2018
Figure 4: United States non-life insurance market value forecast: $ billion, 2018-23
Figure 5: Forces driving competition in the non-life insurance market in the United States, 2018
Figure 6: Drivers of buyer power in the non-life insurance market in the United States, 2018
Figure 7: Drivers of supplier power in the non-life insurance market in the United States, 2018
Figure 8: Factors influencing the likelihood of new entrants in the non-life insurance market in the United States, 2018
Figure 9: Factors influencing the threat of substitutes in the non-life insurance market in the United States, 2018
Figure 10: Drivers of degree of rivalry in the non-life insurance market in the United States, 2018
Figure 11: United States non-life insurance market share: % share, by value, 2018

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