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Title Insurance - Industry Market Research Report

  • April 2016
  • -
  • Ibisworld
  • -
  • 34 pages

Summary

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Home base: As the housing market recovers, the industry will see steady revenue growth



Abstract

Title Insurance

Despite it occurring before the current five-year period, the subprime mortgage crisis severely affected the Title Insurance industry, as potential homebuyers shied away from homeownership. However, this has since reversed due to the the housing market recovery. Positive growth will continue through 2021 as more homes are built and renters move to buy.

This industry underwrites (i.e. assumes the risks of and assigns premiums for) title insurance, which protects the policyholder from financial losses from defects in a real property title and from the inability to enforce a mortgage lien.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.



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