PLUNKETT'S INSURANCE INDUSTRY TRENDS & STATISTICS 2015
Industry trends analysis, market data and competitive intelligence
Market forecasts and Industry Statistics
Link to our 5-minute video overview of this industry
Pages: 50 Statistical Tables Provided: 14 Geographic Focus: Global
A condensed market research report excerpted from Plunkett’s Insurance Industry Almanac 2015, including forecasts and market estimates, technologies analysis and vital statistical tables. You will gain vital insights that can help you shape your own strategy for business development, product development and investments.
How is the industry evolving?
How is the industry being shaped by new technologies?
How is demand growing in emerging markets and mature economies?
What is the size of the market now and in the future?
Contents, Statistics, Forecasts and Analysis Include:
Major Trends Affecting the Insurance Industry
1) Introduction to the Insurance Industry 2) Aging Populations Create Challenges and Opportunities for the Insurance Industry 3) Sophisticated Risk Management and Prevention Programs Lead to Lower Losses 4) Risk Managers Seek Certification 5) Independent Agencies Continue to Dominate Commercial Insurance, but Play a Lesser Role in Personal Lines 6) Insurance Direct Selling and E-Commerce Grow 7) Technology Drives Insurance Efficiencies/Drivers Allow Their Habits to be Tracked for Lower Insurance Rates 8) States Pick Up Some Wind and Flood Risk for Homeowners/Underwriters Rely on Sophisticated Risk Analysis Technology to Set Rates 9) No End in Sight to the Growth of Specialized Insurance Lines 10) Annuity Account Managers Create New Product Strategies 11) Major U.S., Japanese and European Insurance Firms See Vast Promise in the Chinese and Southeast Asian Market 12) Insurance Firms Target Markets in Emerging Nations 13) Continued Rise in Health Care Costs 14) Number of Uninsured and Underinsured Americans Declines but Remains High 15) U.S. Affordable Care Act (ACA) of 2010 Rewrites the Rules and Increases Coverage, But May Not Restrain Costs 16) Employers Push Health Care Costs onto Employees 17) Insurance Companies Change Strategies Due to Health Care Reform Act (ACA) 18) Malpractice Suits Are Blamed for Rising Health Care Costs/Tort Reform Is Capping Awards for Damages 19) Hedge Funds Play a Major Role in Financial Products Including Derivatives, Lending and Insurance 20) Credit Default Swaps (CDS) and Derivatives Soar into the Trillions of Dollars 21) Aging Populations, Baby Boomers Create Opportunities/U.S. Pension Accounts Top $24.0 Trillion 22) Basel III , Dodd-Frank Act and Volcker Act Increase Regulation
Insurance Industry Statistics
1) Insurance Industry Overview 2) Assets & Liabilities of U.S. Property-Casualty Insurance Companies: 2009-1st Quarter 2014 3) Typical U.S. Automobile Insurance Costs, per Year: 2014 4) Assets & Liabilities of U.S. Life Insurance Companies: 2009-1st Quarter 2014 5) Employers' Costs for Health Insurance, Amount & Percent of Total Compensation, U.S.: Selected Years, 2008-2014 6) The Nation's Health Dollar: 2014 Where It Came From (Estimated) 7) Number & Percent of Persons of All Ages with and without Health Insurance Coverage, U.S.: 1999-2013 8) Number & Percent of Persons without Health Insurance Coverage, by Age Group, U.S.: 1999-2013 9) Affordable Care Act Overview 10) Medical Care Benefits in the U.S.: Access, Participation and Take-Up Rates, March 2014 11) Retirement Benefits in the U.S.: Access, Participation and Take-Up Rates, March 2014 12) Life Expectancy at Age 65, U.S. 13) Employment in the Insurance Industry, U.S.: 2006-2013 14) Employment & Earnings in Insurance Industry Occupations, U.S.: May 2013