Insurance in North America
January 2017
39
About the Report
About the Report
Insurance in North America industry profile provides top-line qualitative and quantitative summary information including: market size (value 2011-15, and forecast to 2020). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Findings
Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the insurance market in North America
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the insurance market in North America
Leading company profiles reveal details of key insurance market players' global operations and financial performance
Add weight to presentations and pitches by understanding the future growth prospects of the North America insurance market with five year forecasts
Synopsis
Essential resource for top-line data and analysis covering the North America insurance market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.
Reasons to Buy
What was the size of the North America insurance market by value in 2015?
What will be the size of the North America insurance market in 2020?
What factors are affecting the strength of competition in the North America insurance market?
How has the market performed over the last five years?
What are the main segments that make up North America's insurance market?
Key Highlights
The insurance market consists of the non-life insurance sector and the life insurance sector. The value of the market is shown in terms of gross premium incomes.
The North American insurance market had total gross written premiums of $1,465.8bn in 2015, representing a compound annual growth rate (CAGR) of 2.3% between 2011 and 2015.
The non-Life insurance segment was the market's most lucrative in 2015, with total gross written premiums of $857.0bn, equivalent to 58.5% of the market's overall value.
The motor insurance sub-segment is performing well. Rising economic confidence, high employment levels and falling oil prices have seen more cars on the road which increases accident volumes, which in turn increases premium rates.
Products
Products
Insurance, North America, MarketLine
Companies
The Allstate Corporation, Berkshire Hathaway Inc., Liberty Mutual Holding Company Inc., State Farm Mutual Automobile Insurance Company
Table of Contents
Table of Contents
Executive Summary
Market value
Market value forecast
Category segmentation
Geography segmentation
Market share
Market rivalry
Market Overview
Market definition
Market analysis
Market Data
Market value
Market Segmentation
Category segmentation
Geography segmentation
Market share
Market Outlook
Market value forecast
Five Forces Analysis
Summary
Buyer power
Supplier power
New entrants
Threat of substitutes
Degree of rivalry
Leading Companies
The Allstate Corporation
Berkshire Hathaway Inc.
Liberty Mutual Holding Company Inc.
State Farm Mutual Automobile Insurance Company
Methodology
Industry associations
Related MarketLine research
Appendix
About MarketLine
List of Figure
Figure 1: North America insurance market value: $ billion, 2011-15
Figure 2: North America insurance market category segmentation: % share, by value, 2015
Figure 3: North America insurance market geography segmentation: % share, by value, 2015
Figure 4: North America insurance market share: % share, by value, 2015
Figure 5: North America insurance market value forecast: $ billion, 2015-20
Figure 6: Forces driving competition in the insurance market in North America, 2015
Figure 7: Drivers of buyer power in the insurance market in North America, 2015
Figure 8: Drivers of supplier power in the insurance market in North America, 2015
Figure 9: Factors influencing the likelihood of new entrants in the insurance market in North America, 2015
Figure 10: Factors influencing the threat of substitutes in the insurance market in North America, 2015
Figure 11: Drivers of degree of rivalry in the insurance market in North America, 2015
Figure 12: The Allstate Corporation: revenues & profitability
Figure 13: The Allstate Corporation: assets & liabilities
Figure 14: Berkshire Hathaway Inc.: revenues & profitability
Figure 15: Berkshire Hathaway Inc.: assets & liabilities
Figure 16: Liberty Mutual Holding Company Inc.: revenues & profitability
Figure 17: Liberty Mutual Holding Company Inc.: assets & liabilities
Figure 18: State Farm Mutual Automobile Insurance Company: revenues & profitability
Figure 19: State Farm Mutual Automobile Insurance Company: assets & liabilities
List of Table
Table 1: North America insurance market value: $ billion, 2011-15
Table 2: North America insurance market category segmentation: $ billion, 2015
Table 3: North America insurance market geography segmentation: $ billion, 2015
Table 4: North America insurance market share: % share, by value, 2015
Table 5: North America insurance market value forecast: $ billion, 2015-20
Table 6: The Allstate Corporation: key facts
Table 7: The Allstate Corporation: key financials ($)
Table 8: The Allstate Corporation: key financial ratios
Table 9: Berkshire Hathaway Inc.: key facts
Table 10: Berkshire Hathaway Inc.: key financials ($)
Table 11: Berkshire Hathaway Inc.: key financial ratios
Table 12: Liberty Mutual Holding Company Inc.: key facts
Table 13: Liberty Mutual Holding Company Inc.: key financials ($)
Table 14: Liberty Mutual Holding Company Inc.: key financial ratios
Table 15: State Farm Mutual Automobile Insurance Company: key facts
Table 16: State Farm Mutual Automobile Insurance Company: key financials ($)
Table 17: State Farm Mutual Automobile Insurance Company: key financial ratios
Why Buy From US?
What makes us stand out is that our consultants follows Robust, Refine and Result (RRR) methodology. i.e. Robust for clear definitions, approaches and sanity checking, Refine for differentiating respondents facts and opinions and Result for presenting data with story
We have set a benchmark in the industry by offering our clients with syndicated and customized market research reports featuring coverage of entire market as well as meticulous research and analyst insights.
While we don't replace traditional research, we flip the method upside down. Our dual approach of Top Bottom & Bottom Top ensures quality deliverable by not just verifying company fundamentals but also looking at the sector and macroeconomic factors.
With one step in the future, our research team constantly tries to show you the bigger picture. We help with some of the tough questions you may encounter along the way: How is the industry positioned? Best marketing channel? KPI's of competitors? By aligning every element, we help maximize success.
Our report gives you instant access to the answers and sources that other companies might choose to hide. We elaborate each steps of research methodology we have used and showcase you the sample size to earn your trust.
If you need any support, we are here! We pride ourselves on universe strength, data quality, and quick, friendly, and professional service.