Property and casualty insurance providers are engaged in direct
underwriting insurance policies that protect policyholders
against future uncertain losses that may occur as a result of property damage
or contingent liability. This market includes direct Insurance Providers which
underwrite policies for protection
against events such as natural calamities, burglary, fire accidents, riots and terrorism-related incidents. Clients of these
Insurance Providers are the general public/companies who buy property and
casualty insurance policies, it can be either through intermediary or direct
selling.
The global property and
casualty insurance providers market was valued at $2 trillion in 2017, and is
expected to be driven by the emerging markets’ growth. The companies in this
market face oversupply of capital because of expansion of their bases, to reach
out globally. Asia Pacific was the
largest geographic region in the market in 2017, accounting for nearly two-fifths the of the global market share.
The property and casualty insurance providers market in The Business
Research Company’s report is divided into seven segments: automobile insurance
carriers, malpractice/indemnity insurance carriers, fidelity insurance
carriers, mortgage guaranty insurance carriers, homeowners’ insurance carriers,
surety insurance carriers, and liability insurance carriers
Sample Report:
The USA was the largest
country in the property and casualty insurance providers market in 2017,
accounting for nearly one third of the global market share. The USA was
followed by China and India as the next largest countries in the market.
The top five competitors in the
market are Allstate, American International Group, Berkshire Hathaway, Liberty
Mutual, and Travelers Companies Inc. Allstate was the biggest player in the
market in 2017. It offers business, home security,
supplemental health care, theft,
disaster, motor and home insurance products. It also provides other banking
financial services to the customers. The company is based in Northbrook,
Illinois.
About The Business Research Company.
The
Business Research Company is a Business Intelligence Company which excels in
company, market and consumer research. It has offices in the UK, the US and
India and a network of trained researchers in 15 countries globally.
Contact Information.
The Business Research Company
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8897263534
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