General Insurance to Act as a Mainstay for All Services and Products : Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit According to study, “Strategic Market Intelligence: General Insurance in the US – 2017” some of the major companies that are currently working in the general insurance in the U.S. are State Farm Grp, Berkshire Hathaway Grp, Liberty MutGrp, Allstate Ins Grp, Progressive Grp, Travelers Grp, Chubb Ltd Grp, Nationwide Corp Grp, Farmers Ins Grp, United Serv Automobile. General insurance or non-life insurance policies, including automobile and homeowners policies, provide payments depending on the loss from a particular financial event. General insurance is typically defined as any insurance that is not determined to be life insurance. It is called property and casualty insurance in the U.S. The U.S. has the world’s largest and most mature general insurance segment. It enables to minimize the effect of unexpected and often unwelcome future events and helps to organize personal and business life with greater confidence. It covers properly against fire, burglary, theft, flood storm and earthquake. It also covers machinery against breakdown, motor vehicles against damages and hull of ships etc. It is important for many reasons: to get financial security, to get peace of mind against risk, to avoid burden of loss and to avoid accidents etc. General insurance is classified in two types: commercial lines and personal lines. Commercial lines products are usually designed for relatively small legal entities: it includes public liability, product liability, commercial fleet and other general insurance products, which are sold in a relatively standard fashion to many organizations. Some types of general insurance are included car or auto insurance, liability insurance, marine insurance, fire insurance, engineering insurance and burglary insurance. Car or auto insurance is a contract between user and the insurance company that protects against financial loss in the event of an accident or theft: it provides protection against third party liability and physical damages from fire, riots, flood, cyclones, burglary and theft etc. Liability insurance is purchased to protect an individual or a business: it covers legal pay-outs and costs for which the person insured is responsible. Marine insurance refers to coverage provided for the loss or even damage that has been caused to cargo, ships, terminals between their points of origin and final destination. Fire insurance covers any damage to property as a result of a fire: it goes beyond property insurance and covers the cost of reconstruction, the cost of replacement and the cost of repair etc. Health insurance offers a way to reduce such costs to more reasonable, affordable amounts. Engineering insurance provides coverage for damage to machinery, business interruption, stock deterioration, stock deterioration and computers & electronic equipment etc. additionally, burglary insurance provides financial compensation against loss or damage to property contained in premises by acts of burglary. Some characteristics of general insurance are involved payment of fortuitous losses, risk transfer, pooling of losses and indemnification etc. Some latest trends of general insurance such as digital, block-chain, customer focus, new accounting standards, conduct & mis-selling, data analytics, cyber insurance, artificial intelligence and insurtech etc. In 2017, in U.S., the percentage of people with health insurance coverage was 91.2 %. As well as private health insurance coverage continued to be more prevalent than government coverage, at 67.2 % and 37.7 %, respectively. Health insurance reduces costs to more reasonable, affordable amounts. It provide many benefits such as emergency services hospitalization, laboratory tests, maternity and newborn care, mental health and substance-abuse treatment, outpatient care, pediatric services, prescription drugs, preventive services & management of chronic diseases and rehabilitation services etc. In 2017, private health insurance coverage continued to be more prevalent than government coverage, at 67.2 % and 37.7 %, respectively. Of the subtypes of health insurance coverage, employer-based insurance was the most common, covering 56.0 % of the population for some or all of the calendar year, followed by Medicaid, Medicare, direct-purchase coverage, and military coverage. To know more, click on the link below: https://www.kenresearch.com/banking-financial-services-and-insurance/insurance/general-insurance-us/157260-93.html Related Reports:- https://www.kenresearch.com/banking-financial-services-and-insurance/insurance/general-insurance-india/156696-93.html https://www.kenresearch.com/banking-financial-services-and-insurance/insurance/general-insurance-taiwan/157259-93.html Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications sales@kenresearch.com +91-9015378249 Post Views: 2 Tags: General Insurance Companies In US, Insurance Industry in US, US General Insurance Industry Research Report, US General Insurance Market Analysis, US General Insurance Market Future Outlook, US General Insurance Market Growth, US General Insurance Market Leading Players, US General Insurance Market Revenue, US General Insurance Market sales, US General Insurance Market Scope, US Insurance Industry Statistics, US Insurance Market Research Report