The Property & Casualty Insurance Global Market Briefing Report from the Business Research Company covers market characteristics, size and growth, segmentation, regional breakdowns, competitive landscape, market shares, trends and strategies for this market.
The market characteristics section of the report defines and explains the market.
The market size section gives the property & casualty insurance market revenues, covering both the historic growth of the market and forecasting the future.
Drivers and restraints looks at the external factors supporting and controlling the growth of the market.
Market segmentations break down the key sub sectors which make up the market. The regional breakdowns section gives the size of the market geographically.
Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in the last three years are identified.
The trends and strategies section highlights the likely future developments in the property & casualty insurance market and suggests approaches.
Reasons to Purchase
• Get up to date information available on the property & casualty insurance market globally.
• Identify growth segments and opportunities.
• Facilitate decision making on the basis of historic and forecast data and understand the drivers and restraints on the market.
• Develop strategies based on likely future developments.
• Gain a global perspective on the development of the market.
• Report will be updated with the latest data and delivered to you within 3 working days of order.
Markets Covered: Property Insurance and Casualty Insurance
Companies Mentioned:Berkshire Hathaway, Allianz and State Farm Insurance Cos.
Countries: Brazil, China, France, Germany, India, Italy, Japan, Spain, Russia, UK, USA, Australia.
Geographic scope: Americas, Europe, Asia, Middle East and Africa, Oceania.
Time series: Five years historic and forecast.
Data: Market value in $ billions.
Data segmentations: Regional breakdowns, market share of competitors, key sub segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
2. Property & Casualty Insurance Market Characteristics
3. Property & Casualty Insurance Market Historic Growth
Drivers of the Market
Restraints on the Market
4. Property & Casualty Insurance Market Forecast Growth
Drivers of the Market
Restraints on the Market
5. Property & Casualty Insurance Market Comparison With Other Insurance Providers Markets
6. Property & Casualty Insurance Market Geography Split
7. Property & Casualty Insurance Market Segmentation
8. Property & Casualty Insurance Competitive Landscape
Industrial and Commercial Bank of China, Bank of America and Agricultural Bank of China
9. Key Mergers And Acquisitions In Property & Casualty Insurance Market
10. Property & Casualty Insurance Market Trends and Strategies
Property and Casualty Insurance Providers are engaged in direct underwriting insurance policies that protect policy holders against future uncertain losses that may occur as a result of property damage or contingent liability. This market includes direct Insurance Providers which underwrite polices for protection against events such as natural calamities, burglary, fire accidents, riots and terrorism related incidents.
The Americas was the x largest geographic region in the property & casualty insurance services market in 2016, accounting for $x billion or x% of the global market. Asia was the x largest geographic market, accounting for $x billion or x% of the global market. Europe was the x largest geographic market, accounting for $x billion or x% of the global market. The Middle East and Africa accounted for x% and $x billion, while Oceania accounted for x% of the global property & casualty insurance market.
Usage-Based Insurance (UBI) Is Gaining Prominence within Auto Insurers
UBI, which allows Insurance Providers to vary premiums depending on the behavior of consumers, is gaining traction amongst auto insurers. In particular it is used in vehicle insurance based on the vehicle usage and driving behavior of drivers. The popularity of UBI is driven by the increased use of smartphones with features such as Global Positioning System (GPS), accelerometers and g-force tracking, which can be used to substitute telematics devices with mobile apps. Under UBI, auto insurers are offering pay as you drive (PAYD) and pay how you drive (PHYD) services. While PAYD insurance premium is calculated based on the distance covered by a vehicle, PHYD insurance premium is calculated based on the driving behavior of insured consumers. UBI is rapidly growing in regions such as Europe, Asia and America. According to a report by EY, global market penetration of UBI services is expected to increase from about 1% in 2015 to 15% by 2020.
UBI reduces policy administration, claims and acquisition cost, thereby allowing auto insurers to offer tailor-made insurance services to customers based on their driving behavior and usage patterns.
Please fill in your details. Our team will get back to you