United States Insurance Report Q3 2016

Date: July 27, 2016
Pages: 61
US$ 1,295.00
Report type: Strategic Report
Delivery: E-mail Delivery (PDF)

Download PDF Leaflet

Includes 3 FREE quarterly updates

BMI View: Already the largest insurance market globally, the US insurance industry is expected to record steady growth over the medium term, particularly in the larger non-life market. Rising household income rates and positive private consumption trends will support demand for a range of non-life and life products and we expect density rates (premiums per capita) to improve throughout the forecast period between 2016 and 2020. Strongest growth will likely be seen in the health insurance segment, where demand remains high as a significant proportion of the population continues to lack cover due to affordability issues. Steady growth in premiums and the fragmented nature of the market mean that the US is a popular destination for investors and we expect to see a variety of mergers and acquisitions progress in the coming years.

Key Updates And Forecasts
  • While the US market has seen a number of high profile mergers in recent months, some major deals have stalled. In late May 2016, Chinese firm Anbang Insurance Group reportedly withdrew its application for regulatory approval by the New York State Department of Financial Services for the proposed USD1.57bn merger with Fidelity & Guaranty Life, though it does plan to re-submit the application shortly.
  • One of the most high-profile mergers which is underway is that of health insurance provider Cigma with Anthem. This merger has recently come under criticism from the California Insurance Commissioner, Dave Jones, who has recommended the deal be blocked due to competition concerns.
BMI Industry View
  Table: Headline Insurance Forecasts (United States 2013-2020)
Industry Forecast
Life Premiums Forecast
  Table: Life Premiums (United States 2013-2020)
  Table: Life Insurance Claims (United States 2008-2014)
Non-Life Premiums Forecast
  Table: Non-Life Premiums (United States 2013-2020)
  Table: Non-Life Insurance Claims (United States 2009-2014)
Non-Life Sub-Sector Forecast
  Table: Non-Life Insurance Premiums by Product Line (United States 2013-2020)
Insurance Risk/Reward Index
Developed States Insurance Risk/Reward Index
  Table: Developed States Insurance Risk/Reward Index - Q316
Market Overview
Life Market Overview
Product Offering
Competitive Landscape
  Table: Life Insurance Market (USDmn) 2009-2013
Non-Life Market Overview
Product Offering
Competitive Landscape
  Table: Non-Life Insurance Market (USDmn) 2010-2014
Company Profile
ACE Group
New York Life
State Farm
Industry Forecast Methodology
Risk/Reward Index Methodology
  Table: Indicators
  Table: Weighting of Indicators
Skip to top

United States Insurance Report Q2 2016 US$ 1,295.00 Apr, 2016 · 61 pages
United Kingdom Renewables Report Q1 2016 US$ 1,295.00 Dec, 2015 · 51 pages
United States Insurance Report Q4 2015 US$ 1,295.00 Oct, 2015 · 76 pages
Spirits in the United States US$ 350.00 Jun, 2015 · 37 pages
Tobacco in the United States US$ 350.00 Sep, 2015 · 34 pages

Ask Your Question

United States Insurance Report Q3 2016
Company name*:
Contact person*:
Request invoice
Your enquiry:
Please click on a Check Box below to confirm you are not a robot: