Table of Contents
Saving up: Rising premiums and higher interest rates will improve industry revenue prospects
Property, Casualty and Direct Insurance in the US
Over the five years to 2016, revenue growth for the Property, Casualty and Direct Insurance industry was stifled due to a soft pricing cycle, historically low-interest rates and volatile equity markets. In the coming years, technological changes, including systems upgrades and the increased use of cloud computing, will enable industry operators to decrease operational expenses and more effectively manage risk. In addition, rising premiums and higher interest rates expected will significantly improve the industry's revenue prospects.
Operators in this industry are primarily engaged in underwriting insurance policies that protect individuals, businesses and agencies against losses that occur as a result of property damage, liability or other risks. Industry participants also protect real estate owners or creditors against losses sustained as a result of any title defect to real property. This industry does not include insurance coverage for life, disability, accidental death, dismemberment or health risks.
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.
Reinsurance Carriers in the US
Workers' Compensation & Other Insurance Funds in the US
Global Direct General Insurance Carriers
Property, Car & Other Non-Life Insurance in China
General Insurance in Australia
Life Insurance Providers in China
Get Industry Insights. Simply.
Talk to Veronica
+1 718 514 2762
Factors such as voluminous increase in the number of subscribers, need for high optimization & increased cost savings, and ability to measure the performance of a service & Quality of Service are driving ...
“IoT insurance market to grow at a CAGR of 65.89% between 2016 and 2022” The global IoT insurance market is estimated to be worth USD 42.76 billion by 2022, growing at a CAGR of 65.89% between 2016 ...
"CSPs are demanding assurance solutions for NFV/SDN with cloud, analytics and automation features; this change is creating opportunities for vendors and disruption across the assurance value chain." This ...