United States of America (USA) Non-Life Insurance Market to 2027
United States of America (USA) Non-Life Insurance Market to 2027
Summary
Non-Life Insurance in the United States industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
Summary
Non-Life Insurance in the United States industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Non-life insurance is typically defined as any insurance not determined to be life insurance. It includes automobile and homeowners' policies and provides payments depending on the loss from a particular financial event.
- The US non-life insurance market had total gross written premiums of $2,021.6 billion in 2022, representing a compound annual growth rate (CAGR) of 7.7% between 2017 and 2022.
- The motor segment accounted for the market's largest proportion in 2022, with total gross written premiums of $346 billion, equivalent to 17.1% of the market's overall value.
- Non-life insurance coverage in the US population is high. According to in-house research, in 2022, the US’s non-life insurance penetration (ratio of premiums to GDP) stood at 6.7%.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the non-life insurance market in the United States
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the non-life insurance market in the United States
- Leading company profiles reveal details of key non-life insurance market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the United States non-life insurance market with five year forecasts
- What was the size of the United States non-life insurance market by value in 2022?
- What will be the size of the United States non-life insurance market in 2027?
- What factors are affecting the strength of competition in the United States non-life insurance market?
- How has the market performed over the last five years?
- Who are the top competitors in the United States's non-life 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. Have there been any recent developments in the market?
8 COMPANY PROFILES
8.1. Berkshire Hathaway Inc
8.2. Liberty Mutual Insurance Co
8.3. State Farm Mutual Automobile Insurance Co
8.4. The Progressive Corp
9 MACROECONOMIC INDICATORS
9.1. Country data
10 APPENDIX
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. 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. Have there been any recent developments in the market?
8 COMPANY PROFILES
8.1. Berkshire Hathaway Inc
8.2. Liberty Mutual Insurance Co
8.3. State Farm Mutual Automobile Insurance Co
8.4. The Progressive Corp
9 MACROECONOMIC INDICATORS
9.1. Country data
10 APPENDIX
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
LIST OF TABLES
Table 1: United States non-life insurance market value: $ billion, 2017–22
Table 2: United States non–life insurance market category segmentation: % share, by value, 2017–2022
Table 3: United States non-life insurance market category segmentation: $ billion, 2017-2022
Table 4: United States non–life insurance market geography segmentation: $ billion, 2022
Table 5: United States non-life insurance market value forecast: $ billion, 2022–27
Table 6: United States non-life insurance market share: % share, by value, 2022
Table 7: Berkshire Hathaway Inc: key facts
Table 8: Berkshire Hathaway Inc: Annual Financial Ratios
Table 9: Berkshire Hathaway Inc: Key Employees
Table 10: Liberty Mutual Insurance Co: key facts
Table 11: Liberty Mutual Insurance Co: Key Employees
Table 12: Liberty Mutual Insurance Co: Key Employees Continued
Table 13: Liberty Mutual Insurance Co: Key Employees Continued
Table 14: State Farm Mutual Automobile Insurance Co: key facts
Table 15: State Farm Mutual Automobile Insurance Co: Key Employees
Table 16: State Farm Mutual Automobile Insurance Co: Key Employees Continued
Table 17: The Progressive Corp: key facts
Table 18: The Progressive Corp: Annual Financial Ratios
Table 19: The Progressive Corp: Key Employees
Table 20: The Progressive Corp: Key Employees Continued
Table 21: United States size of population (million), 2018–22
Table 22: United States gdp (constant 2005 prices, $ billion), 2018–22
Table 23: United States gdp (current prices, $ billion), 2018–22
Table 24: United States inflation, 2018–22
Table 25: United States consumer price index (absolute), 2018–22
Table 26: United States exchange rate, 2018–22
Table 1: United States non-life insurance market value: $ billion, 2017–22
Table 2: United States non–life insurance market category segmentation: % share, by value, 2017–2022
Table 3: United States non-life insurance market category segmentation: $ billion, 2017-2022
Table 4: United States non–life insurance market geography segmentation: $ billion, 2022
Table 5: United States non-life insurance market value forecast: $ billion, 2022–27
Table 6: United States non-life insurance market share: % share, by value, 2022
Table 7: Berkshire Hathaway Inc: key facts
Table 8: Berkshire Hathaway Inc: Annual Financial Ratios
Table 9: Berkshire Hathaway Inc: Key Employees
Table 10: Liberty Mutual Insurance Co: key facts
Table 11: Liberty Mutual Insurance Co: Key Employees
Table 12: Liberty Mutual Insurance Co: Key Employees Continued
Table 13: Liberty Mutual Insurance Co: Key Employees Continued
Table 14: State Farm Mutual Automobile Insurance Co: key facts
Table 15: State Farm Mutual Automobile Insurance Co: Key Employees
Table 16: State Farm Mutual Automobile Insurance Co: Key Employees Continued
Table 17: The Progressive Corp: key facts
Table 18: The Progressive Corp: Annual Financial Ratios
Table 19: The Progressive Corp: Key Employees
Table 20: The Progressive Corp: Key Employees Continued
Table 21: United States size of population (million), 2018–22
Table 22: United States gdp (constant 2005 prices, $ billion), 2018–22
Table 23: United States gdp (current prices, $ billion), 2018–22
Table 24: United States inflation, 2018–22
Table 25: United States consumer price index (absolute), 2018–22
Table 26: United States exchange rate, 2018–22
LIST OF FIGURES
Figure 1: United States non-life insurance market value: $ billion, 2017–22
Figure 2: United States non-life insurance market category segmentation: $ billion, 2017-2022
Figure 3: United States non–life insurance market geography segmentation: % share, by value, 2022
Figure 4: United States non-life insurance market value forecast: $ billion, 2022–27
Figure 5: Forces driving competition in the non-life insurance market in the United States, 2022
Figure 6: Drivers of buyer power in the non-life insurance market in the United States, 2022
Figure 7: Drivers of supplier power in the non-life insurance market in the United States, 2022
Figure 8: Factors influencing the likelihood of new entrants in the non-life insurance market in the United States, 2022
Figure 9: Factors influencing the threat of substitutes in the non-life insurance market in the United States, 2022
Figure 10: Drivers of degree of rivalry in the non-life insurance market in the United States, 2022
Figure 11: United States non-life insurance market share: % share, by value, 2022
Figure 1: United States non-life insurance market value: $ billion, 2017–22
Figure 2: United States non-life insurance market category segmentation: $ billion, 2017-2022
Figure 3: United States non–life insurance market geography segmentation: % share, by value, 2022
Figure 4: United States non-life insurance market value forecast: $ billion, 2022–27
Figure 5: Forces driving competition in the non-life insurance market in the United States, 2022
Figure 6: Drivers of buyer power in the non-life insurance market in the United States, 2022
Figure 7: Drivers of supplier power in the non-life insurance market in the United States, 2022
Figure 8: Factors influencing the likelihood of new entrants in the non-life insurance market in the United States, 2022
Figure 9: Factors influencing the threat of substitutes in the non-life insurance market in the United States, 2022
Figure 10: Drivers of degree of rivalry in the non-life insurance market in the United States, 2022
Figure 11: United States non-life insurance market share: % share, by value, 2022
