Insurance in North America
Insurance in North America
Summary
Insurance in North America industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
Summary
Insurance in North America industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The insurance market consists of the non-life and life insurance sectors. The value of the market is shown in terms of gross premium incomes.
- The North American insurance market is expected to generate total gross written premiums of $2,504.2bn in 2020, representing a compound annual growth rate (CAGR) of 2.2% between 2016 and 2020.
- The non-life insurance segment is expected to be the market's most lucrative in 2020, with total gross written premiums of $1,834.0bn, equivalent to 73.2% of the market's overall value.
- One of the main drivers of insurance spending is consumer confidence.
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the insurance market in North America
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the insurance market in North America
- Leading company profiles reveal details of key insurance market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the North America insurance market with five year forecasts by both value and volume
- What was the size of the North America insurance market by value in 2020?
- What will be the size of the North America insurance market in 2025?
- What factors are affecting the strength of competition in the North America insurance market?
- How has the market performed over the last five years?
- Who are the top competitiors in North America's insurance market?
1 EXECUTIVE SUMMARY
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market share
1.6. Market rivalry
1.7. Competitive Landscape
2 MARKET OVERVIEW
2.1. Market definition
2.2. Market analysis
3 MARKET DATA
3.1. Market value
4 MARKET SEGMENTATION
4.1. Category segmentation
4.2. Geography segmentation
5 MARKET OUTLOOK
5.1. Market value forecast
6 FIVE FORCES ANALYSIS
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 COMPETITIVE LANDSCAPE
7.1. Market share
7.2. Who are the leading players?
7.3. What strategies do the leading players follow?
7.4. What is the rationale for the recent M&A activity?
7.5. How the COVID-19 outbreak has impacted the sector?
8 COMPANY PROFILES
8.1. State Farm Mutual Automobile Insurance Co
8.2. Berkshire Hathaway Inc
8.3. MetLife Inc
8.4. The Northwestern Mutual Life Insurance Co
9 APPENDIX
9.1. Methodology
9.2. About MarketLine
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market share
1.6. Market rivalry
1.7. Competitive Landscape
2 MARKET OVERVIEW
2.1. Market definition
2.2. Market analysis
3 MARKET DATA
3.1. Market value
4 MARKET SEGMENTATION
4.1. Category segmentation
4.2. Geography segmentation
5 MARKET OUTLOOK
5.1. Market value forecast
6 FIVE FORCES ANALYSIS
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 COMPETITIVE LANDSCAPE
7.1. Market share
7.2. Who are the leading players?
7.3. What strategies do the leading players follow?
7.4. What is the rationale for the recent M&A activity?
7.5. How the COVID-19 outbreak has impacted the sector?
8 COMPANY PROFILES
8.1. State Farm Mutual Automobile Insurance Co
8.2. Berkshire Hathaway Inc
8.3. MetLife Inc
8.4. The Northwestern Mutual Life Insurance Co
9 APPENDIX
9.1. Methodology
9.2. About MarketLine
LIST OF TABLES
Table 1: North America insurance market value: $ billion, 2016-20(e)
Table 2: North America insurance market category segmentation: $ billion, 2020(e)
Table 3: North America insurance market geography segmentation: $ billion, 2020(e)
Table 4: North America insurance market value forecast: $ billion, 2020-25
Table 5: North America insurance market share: % share, by value, 2020(e)
Table 7: State Farm Mutual Automobile Insurance Co: Key Employees
Table 9: Berkshire Hathaway Inc: Key Employees
Table 10: Berkshire Hathaway Inc: Key Employees Continued
Table 12: MetLife Inc: Key Employees
Table 13: MetLife Inc: Key Employees Continued
Table 15: The Northwestern Mutual Life Insurance Co: Key Employees
Table 16: The Northwestern Mutual Life Insurance Co: Key Employees Continued
Table 1: North America insurance market value: $ billion, 2016-20(e)
Table 2: North America insurance market category segmentation: $ billion, 2020(e)
Table 3: North America insurance market geography segmentation: $ billion, 2020(e)
Table 4: North America insurance market value forecast: $ billion, 2020-25
Table 5: North America insurance market share: % share, by value, 2020(e)
Table 7: State Farm Mutual Automobile Insurance Co: Key Employees
Table 9: Berkshire Hathaway Inc: Key Employees
Table 10: Berkshire Hathaway Inc: Key Employees Continued
Table 12: MetLife Inc: Key Employees
Table 13: MetLife Inc: Key Employees Continued
Table 15: The Northwestern Mutual Life Insurance Co: Key Employees
Table 16: The Northwestern Mutual Life Insurance Co: Key Employees Continued
LIST OF FIGURES
Figure 1: North America insurance market value: $ billion, 2016-20(e)
Figure 2: North America insurance market category segmentation: % share, by value, 2020(e)
Figure 3: North America insurance market geography segmentation: % share, by value, 2020(e)
Figure 4: North America insurance market value forecast: $ billion, 2020-25
Figure 5: Forces driving competition in the insurance market in North America, 2020
Figure 6: Drivers of buyer power in the insurance market in North America, 2020
Figure 7: Drivers of supplier power in the insurance market in North America, 2020
Figure 8: Factors influencing the likelihood of new entrants in the insurance market in North America, 2020
Figure 9: Factors influencing the threat of substitutes in the insurance market in North America, 2020
Figure 10: Drivers of degree of rivalry in the insurance market in North America, 2020
Figure 11: North America insurance market share: % share, by value, 2020(e)
COMPANIES MENTIONED
State Farm Mutual Automobile Insurance Co
Berkshire Hathaway Inc
MetLife Inc
The Northwestern Mutual Life Insurance Co
Figure 1: North America insurance market value: $ billion, 2016-20(e)
Figure 2: North America insurance market category segmentation: % share, by value, 2020(e)
Figure 3: North America insurance market geography segmentation: % share, by value, 2020(e)
Figure 4: North America insurance market value forecast: $ billion, 2020-25
Figure 5: Forces driving competition in the insurance market in North America, 2020
Figure 6: Drivers of buyer power in the insurance market in North America, 2020
Figure 7: Drivers of supplier power in the insurance market in North America, 2020
Figure 8: Factors influencing the likelihood of new entrants in the insurance market in North America, 2020
Figure 9: Factors influencing the threat of substitutes in the insurance market in North America, 2020
Figure 10: Drivers of degree of rivalry in the insurance market in North America, 2020
Figure 11: North America insurance market share: % share, by value, 2020(e)
COMPANIES MENTIONED
State Farm Mutual Automobile Insurance Co
Berkshire Hathaway Inc
MetLife Inc
The Northwestern Mutual Life Insurance Co