North America Insurance Market Outlook to 2015 - US Insurance Market Headstarting the Lost Momentum

07-Apr-2011 | News-Press Release

Executive Summary

The Report titled “North America Insurance Market Outlook to 2015 - US Insurance Market Headstarting the Lost Momentum” provides an in-depth analysis of the North America insurance industry. The report covers specific insights on the market size, insurance density, insurance penetration and segmentation, drivers and restraints, recent trends and developments and future outlook of the insurance industry in the North America and in the 2 major countries including the US and Canada. The report also entails the market size on the basis of gross insurance premium written in case of life and non-life insurance and market share of various companies at the country level. Overall, the report offers a comprehensive analysis of the entire North American insurance industry.

Insurance Industry in North America

North America insurance premium accounted from nearly ~% of the GDP of USD ~ billion in 2009. This indicates that insurance sector is moderately penetrated in North America with great potential to increase the market share of the insurance premium in the GDP. It is expected that North America economy will grow at an expected 6 year CAGR of ~% till 2015 and overall insurance penetration will decline marginally to ~% in 2015.

North America insurance sector is dominated by non-life insurance market with the share of ~% for gross insurance premium of USD ~ million in 2009. Life insurance sector contributed the remaining market share of ~% with gross insurance premium of USD ~ million.

US

Non-life insurance market is dominated by motor insurance segment with the market share of ~%. This is due to the fact that auto insurance covering liability for injuries and property damage done to others is obligatory in most of the states in the US. Property insurance segment is ranked second with the market share of ~% in 2009 which is followed by Liability insurance market with the share of ~%. The rest ~% of the market share is accounted by various miscellaneous general insurance segments in 2009.

Canada

Insurance market in Canada is now returning back to stable after the hit from the financial crisis. Insurers are now capitalizing and building an efficient risk management system with a prudent investment portfolio. The market size of the insurance industry in Canada was valued at USD ~ million in 2001 which inclined to USD ~ million in 2009, registering 8 year CAGR of ~%. It is expected that market will reach to USD ~ million by 2015 by growing at an expected 6 year CAGR of ~%.

Scope of Research

The report entails thorough analysis, drivers, restraints and market opportunities for insurance industry in the North America. The scope of the report includes:

* The market size of life and non-life insurance industry in terms of gross insurance premium written for North America and 2 countries (the US and Canada) 2001 to 2015
* Life and Non-life insurance density in USD for North America and for all 2 countries, 2001 to 2015
* Life and Non-life insurance penetration, premium as a percentage of GDP for North America and for all 2 countries, 2001 to 2015
* Market segmentation on the basis of Geography and on the basis of Product for North America and major 2 countries, 2009 and 2015
* Competitive Landscape of the major life and non-life insurers (MetLife Inc, Prudential Financial Inc., State FarmMutl Automobile Ins, Zurich Financial Services, Canada Life Financial Corp, Manufacturers Life Insurance, Intact Financial, Aviva Canada) in various countries on the basis of gross premium written
* In-depth analysis of trends and developments, drivers, restraints and future outlook of the insurance industry in North America and the major 2 countries
* Market opportunities and Future Outlook of the insurance industry in North America and major 2 countries.

TABLE OF CONTENTS:

1. North America Insurance Market
1.1. North America Insurance Market Introduction
1.2. North America Insurance Market Drivers
1.3. North America Insurance Market Restraints
1.4. North America Life and Non-Life Insurance Market Size by Value, 2001-2015
1.5. North America Life and Non-Life Insurance Density, Premium per Capita, USD, 2001-2015
1.6. North America Life and Non-Life Insurance Penetration, Premium in % of GDP, 2001-2015
1.7. North America Insurance Market Segmentation
1.7.1. By Geography, 2009 and 2015
1.7.2. By Product, 2009 and 2015
1.8. North America Insurance Market Recent Trends and Developments
1.9. North America Insurance Market Future Outlook
1.10. The US Insurance Market
1.10.1. The US Insurance Market Introduction
1.10.2. The US Life and Non-Life Insurance Market Size by Value, 2001-2015
1.10.3. The US Life and Non-Life Insurance Density, Premium per Capita, USD, 2001-2015
1.10.4. The US Life and Non-Life Insurance Penetration, Premium in % of GDP, 2001-2015
1.10.5. The US Insurance Market Segmentation by Product, 2009 and 2015
1.10.5.1. The US Non-Life Insurance Market
1.10.6. The US Insurance Competitive Landscape
1.10.6.1. The US Life Insurance Competitive Landscape, 2008
1.10.6.2. The US Non-Life Insurance Competitive Landscape, 2008
1.10.7. The US Insurance Market Future Outlook
1.11. Canada Insurance Market
1.11.1. Canada Insurance Market Introduction
1.11.2. Canada Life and Non-Life Insurance Market Size by Value, 2001-2015
1.11.3. Canada Life and Non-Life Insurance Density, Premium per Capita, USD, 2001-2015
1.11.4. Canada Life and Non-Life Insurance Penetration, Premium in % of GDP, 2001-2015
1.11.5. Canada Insurance Market Segmentation by Product, 2009 and 2015
1.11.5.1. Canada Non-Life Insurance Market
1.11.6. Canada Insurance Competitive Landscape
1.11.6.1. Canada Life Insurance Competitive Landscape, 2007
1.11.6.2. Canada Non-Life Insurance Competitive Landscape, 2008
1.11.7. Canada Insurance Market Future Outlook
2. Appendix
2.1. Market Definition
2.2. Abbreviations
2.3. Disclaimer

Get more information about this report: North America Insurance Market Outlook to 2015 - US Insurance Market Headstarting the Lost Momentum

Find Market Research Reports

Check our Company Profiles and Country Reports

Bharat Book Bureau
Email: sandhya@bharatbook.com
Tel: +91 22 27578668
Fax: +91 22 27579131

 

Show HTML Embed Snippet

This release was submitted by a Newsbox user.
Any communication related to the content of this release should be sent to the release submitter.

Contact Info

From Name
From Email
From Company
Message
Login to Submit Email

Author Info

Tag Cloud

Categories

More Releases

Comments

Add a Comment

    \n\