1. Market Research
  2. > Financial Services
  3. > Insurance Market Trends
  4. > Property Insurance

Property Insurance Solutions: Top Market Reports

  • Currently 4/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
8 votes

Global Property Insurance Industry Report

Property insurance provides protection against risks to property, such as fire, theft and some weather damage. This cover can include home insurance, renters’ insurance, flood insurance and earthquake insurance. Personal property is generally covered by a homeowners or renters policy, unless it is of particularly high value, in which case it can usually be covered by purchasing an addition to the policy called a "rider". If a claim is filed, the policy will either reimburse the holder of the policy for the actual cost of repairing the damage, or the replacement cost of the item.

Berkshire Hathaway, AXA, Zurich Insurance Group, ACE Group and China Life Insurance are some of the prominent players operating in the industry.

Key Segments

There is a range of types of property insurance based on the type of cover:

Home Insurance: A form of property cover designed to protect an individual's home against damage to the building, or to possessions in the home.  This can be further categorized as buildings insurance & contents insurance. In some countries these are offered as two different covers and in some countries both are included. While home insurance generally covers most situations where loss could occur, some events are typically excluded from policies, namely: earthquakes, floods, acts of war.

Renters’ policy:  This insurance provides coverage for a policy holder's belongings within a rental property and for the owner’s legal liability to the tenant.

Commercial property cover: This protects commercial property from perils like fire, theft and natural disaster. Generally businesses, including manufacturers, retailers, service-oriented businesses and not-for-profit organizations are the policy holders for this type of protection.

Property insurance can also provide cover against open perils or named perils:

Open perils: Refers to policy that insures against loss to cover property from all causes except those that are specifically excluded. This type of protection is expensive because it is more comprehensive.

Named perils: The named peril policy covers losses caused to covered property only by the perils explicitly listed in the policy. A typical broad form of named peril insurance includes cover from fire, windstorm, hail, riot, vandalism, explosion and smoke. Flood insurance and earthquake insurance are two other common examples of named peril policies.

Regional Market Shares

The insurance industry in the US is the largest of any country in the world in terms of revenue and insurance premiums historically contributed around 8% of GDP in the US. Gross premiums written total more than $1 trillion and of this property/casualty (P/C) insurers account for more than 45%.The US market for property cover is fragmented with State Farm Group, Allstate Insurance Group and Farmers Insurance Group the leading providers in this industry.

Europe is a more than a €1.1 trillion industry for insurance, of which gross property premiums total more than €90 billion. Germany, France, UK are the largest markets for home cover in Europe.  The Generali Group and Allianz are some of the leading companies in the property protection industry in Europe.

In Japan property insurance is more than a $14 billion industry and is projected to rise to more than an $18 billion industry in the medium term. American Home Assurance Company and MS&AD Insurance Group Holdings, Inc. are key players.

Read more »

You might be interested in these related markets:

24/7 Customer Support

Talk to Sam

+33 4 37 65 17 06

4 Reports
Risk Assessment, Demand, Market Segment
12 Statistics
Risk Assessment, Environment, Market Size
93 Reports
Risk Assessment, Demand, Market Size
170 Statistics
Risk Assessment, Environment, Market Size
14 Reports
Risk Assessment, Company, Demand
11 Statistics
Market Size, Risk Assessment, Demand
3 Reports
Demand, Company, Risk Assessment
9 Statistics
Risk Assessment, Environment, Demand
20 Reports
Market Size, Risk Assessment, Demand
67 Statistics
Risk Assessment, Market Size, Environment
9 Reports
Demand, Forecast, Statistics
35 Statistics
Market Size, Demand, Risk Assessment
15 Reports
Risk Assessment, Demand, Market Size
3 Statistics
Risk Assessment, Environment, Market Size
Search in Property Insurance Industry (About 400 reports)
Parent industry: Insurance
Related industries: Life Insurance, Reinsurance, Pension, Health Insurance

About 600 reports

Purchase Reports From Reputable Market Research Publishers
(From € 318 - € 3455)

Insurance in South Korea

South Korea: Insurance Industry Report

  • € 318
  • Industry report
  • January 2017
  • by MarketLine

SummaryInsurance in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value 2011-15, and forecast to 2020). The profile also contains ...

Property Insurance Sector: Worldwide Forecast until 202 ... € 2427 September 2016

South Korea: Non-Life Insurance Industry Report € 318 October 2017

UK Household Insurance: Market Dynamics and Opportuniti ... € 3136 September 2017

UK Commercial Property Insurance: Competitor Dynamics € 1177 October 2016

UK Household Insurance: Market Dynamics and Opportuniti ... € 3136 September 2016

UK Household Insurance: Distribution and Marketing 2017 € 1177 November 2017

UK Non-Standard Home Insurance 2017 € 1177 January 2018

UK Household Insurance: Competitor Dynamics € 1177 September 2016

UK Smartphone Insurance 2017 € 1177 July 2017

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on