Research and Markets: Non-Life Insurance in the United States

DUBLIN--November 30, 2011: Research and Markets has announced the addition of the "Non-Life Insurance in the United States" report to their offering.

Non-Life Insurance in the United States industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2006-10, and forecast to 2015). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Essential resource for top-line data and analysis covering the United States non-life insurance market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

Highlights

• The non-life insurance consists of the general insurance market segmented into the accident and health insurance sector and the property and casualty insurance sector. The value of the non-life insurance market is shown in terms of gross premium incomes. Any currency conversions used in the report have been calculated using constant 2010 annual average exchange rates. The non-life insurance market depends on a variety of economic and non-economic factors and future performance is difficult to predict. The forecast given in this report is intended as a rough guide to the direction in which the market is likely to move. This forecast is based on a correlation between past market growth and growth of base drivers, such as house price growth, GDP growth and long-term interest rates.
• The US non-life insurance market had total gross written premiums of $659,915 million in 2010, representing a compound annual growth rate (CAGR) of 0.9% between 2006 and 2010.
• The property and casualty segment was the market's most lucrative in 2010, with total gross written premiums of $528,224.8 million, equivalent to 80% of the market's overall value.
• The performance of the market is forecast to accelerate, with an anticipated CAGR of 3.3% for the five-year period 2010-2015, which is expected to drive the market to a value of $775,959.8 million by the end of 2015.

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