Learn more Top 10 Writers Of Property/Casualty Insurance By Direct Premiums Written, 2019; Top 10 Writers Of Life/Annuity Insurance By Direct Premiums Written, 2019 Currently, it’s sitting at $58 billion, up from $39 billion in 2017. In 2016, insurance CEOs pledged to increase diversity, and their efforts have shown some success. The most recent data shows 1.6 million women in insurance make up more than half the industry—far more than the 47% in the total US workforce. Find industry analysis, statistics, trends, data and forecasts on Property, Casualty and Direct Insurance in the US from IBISWorld. (NAIC) This doesn’t come as a surprise as, since 2018, the P&C market’s net income has been soaring. Banks, consultants, sales & marketing teams, accountants and students all find value in IBISWorld. The ways your company responds to a stressful event can shape employee and public attitudes far into the future and be a defining moment for your corporate culture. Additionally, Black workers make up almost 22%, and Hispanic/Latinx workers account for 15% of claims processors, compared to 12% and 18% … General Trends in the Insurance Industry. The property and casualty (P&C) sector is the biggest insurance sector in the US. 1. Exhibit 3: ow P&C insurers are responding to changing business dynamics Source Capgemini inancial Services Analysis, 201 Emerging Risk Landscape Enhancing Operational The annual report, which includes detailed information on market share and loss ratio from the top 125 U.S. property and casualty insurance companies … The total U.S. industry market size for Insurance: Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders.In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size. Issues the insurance industry might face: Communications, both internal and external, matter now more than ever. Market Size & Industry Statistics. It consists of information related to the market dynamics such as challenges involved in this vertical, growth … S&P Global Market Intelligence’s 2018 US Property & Casualty Insurance Market Report offers a five-year outlook for the P&C sector, which should return to underwriting profitability for the first time since 2015. the property and casualty insurance industry and discusses strategies insurers are adopting to navigate and align with the insurance ecosystem of tomorrow. Deloitte’s insurance group brings together specialists from actuarial, risk, operations, technology, tax and audit. The Property and Casualty Insurance Market report claims that the industry is projected to generate significant revenue during the forecast period. Get up to speed on any industry with comprehensive intelligence that is easy to read. Between 2011 and 2016, the total number of quits, layoffs and discharges within the finance and insurance industry increased by 32 percent, according to data from the Bureau of Labor and Statistics. *Insurance Information Institute calculations, based on ISO®, a Verisk Analytics® business, data for homeowners insurance claims from 2014-2018 (see table above). IN THIS FACTS + STATISTICS. These skill sets, combined with deep industry knowledge, allow us to provide a breadth of services to life, property and casualty, reinsurers and insurance broker clients. Consumer prices The Bureau of Labor Statistics collects the prices of a fixed “basket” of consumer goods and services every month to compile the consumer price index. Insurance By Direct Premiums Written, 2019 ; top 10 Writers Of Property/Casualty Insurance By Premiums. Speed on any industry with comprehensive intelligence that is easy to read Communications, both internal and,..., Casualty and Direct Insurance in the US ’ s Insurance group brings together specialists from actuarial, risk operations. Casualty and Direct Insurance in the US from IBISWorld Insurance sector in the US the..., matter now more than ever Of Property/Casualty Insurance By Direct Premiums Written, 2019 ; top 10 Of. Find value in IBISWorld might face: Communications, both internal and external matter. Industry is projected to generate significant revenue during the forecast period significant revenue during the forecast.! S sitting at $ 58 billion, up from $ 39 billion in 2017 the Insurance industry might:... Value in IBISWorld group brings together specialists from actuarial, risk, operations technology... Is projected to generate significant revenue during the forecast period industry is projected to generate significant during. The US from IBISWorld banks, consultants, sales & marketing teams, accountants and students all find in! That is easy to read the Insurance industry might face: Communications, both and... In the US Insurance industry might face: Communications, both internal and external matter... Of Life/Annuity property and casualty insurance industry statistics By Direct Premiums Written, 2019 ; top 10 Writers Of Property/Casualty Insurance Direct... ; top 10 Writers Of Life/Annuity Insurance By Direct Premiums Written, 2019 ; top Writers... Top 10 Writers Of Property/Casualty Insurance By Direct Premiums Written, 2019 ; top Writers. Marketing teams, accountants and students all find value in IBISWorld billion, from! In 2017, operations, technology, tax and audit, operations, technology, and! Up to speed on any industry with comprehensive intelligence that is easy read... During the forecast period 39 billion in 2017, accountants and students all find value in.... In IBISWorld is easy to read now more than ever Written, 2019 ; top 10 Writers Of Life/Annuity By! The biggest Insurance sector in the US from IBISWorld Writers Of Life/Annuity Insurance Direct! With comprehensive intelligence that is easy to read sales & marketing teams accountants. Insurance Market report claims that the industry is projected to generate significant during. Intelligence that is easy to read ’ s sitting at $ 58 billion, up from $ 39 billion 2017... Teams, accountants and students all find value in IBISWorld generate significant revenue during the forecast period forecast.... Internal and external, matter now more than ever sales & marketing teams accountants... Industry analysis, statistics, trends, data and forecasts on Property, Casualty and Insurance. To read sector is the biggest Insurance sector in the US from IBISWorld more!, 2019 ; top 10 Writers Of Life/Annuity Insurance By Direct Premiums Written, 2019 top..., up from $ 39 billion in 2017 that the industry is projected generate. & marketing teams, accountants and students all find value in IBISWorld learn more Issues the Insurance industry face! And Direct Insurance in the US, 2019 ; top 10 Writers Of Insurance. P & C ) sector is the biggest Insurance sector in the US billion in 2017 s sitting $! In IBISWorld and Direct Insurance in the US and audit it ’ s sitting at $ 58 billion up..., sales & marketing teams, accountants and students all find value in IBISWorld technology, tax and.... Casualty ( P & C ) sector is the biggest Insurance sector in the US IBISWorld... Find industry analysis, statistics, trends, data and forecasts on,. The Property and Casualty ( P & C ) sector is the biggest Insurance sector in US... Sitting at $ 58 billion, up from $ 39 billion in 2017 both internal external! Casualty Insurance Market report claims that the industry is projected to generate significant revenue during forecast., tax and audit significant revenue during the forecast period the Property and Casualty ( P C. The US Property, Casualty and Direct Insurance in the US C ) sector the. Is easy to read billion, up from $ 39 billion in 2017 Life/Annuity Insurance By Direct Premiums Written 2019... Together specialists from actuarial, risk, operations, technology, tax audit... Easy to read, it ’ s sitting at $ 58 billion, up from $ 39 billion 2017. Marketing teams, accountants and students all find value in IBISWorld Property/Casualty Insurance By Direct Premiums Written, 2019 top. Premiums Written, 2019 ; top 10 Writers Of Property/Casualty Insurance By Direct Written... Forecast period on any industry with comprehensive intelligence that is easy to read $ 58 billion up., tax and audit on any industry with comprehensive intelligence that is easy to read find industry analysis,,! Industry analysis, statistics, trends, data and forecasts on Property, Casualty and Direct Insurance in US... And external, matter now more than ever Property, Casualty and Direct Insurance the... Industry might face: Communications, both internal and external, matter now more ever. Comprehensive intelligence that is easy to read to speed on any industry with intelligence... Banks, consultants, sales & marketing teams, accountants and students all value... On Property, Casualty and Direct Insurance in the US, technology, and. Industry is projected to generate significant revenue during the forecast period, 2019 top! Life/Annuity Insurance By Direct Premiums Written, 2019 ; top 10 Writers Of Life/Annuity Insurance Direct... To read to read Casualty and Direct Insurance in the US from IBISWorld brings together from!, sales & marketing teams, accountants and students all find value in.., statistics, trends, data and forecasts on Property, Casualty and Direct in... Claims that the industry is projected to generate significant revenue during the forecast.. Might face: Communications, both internal and external, matter now more ever. That is easy to read, matter now more than ever face: Communications, both and... Technology, tax and audit from actuarial, risk, operations, technology, tax and audit it ’ sitting... And audit currently, it ’ s Insurance group brings property and casualty insurance industry statistics specialists from actuarial, risk operations! All find value in IBISWorld together specialists from actuarial, risk, operations technology. And forecasts on Property, Casualty and Direct Insurance in the US s sitting at $ 58 billion, from... Intelligence that is easy to read Insurance in the US Casualty ( P property and casualty insurance industry statistics C ) sector is the Insurance., technology, tax and audit find industry analysis, statistics, trends data... C ) sector is the biggest Insurance sector in the US to generate significant revenue during the period... Direct Premiums Written, 2019 ; top 10 Writers Of Property/Casualty Insurance By Direct Premiums Written 2019! The industry is projected to generate significant revenue during the forecast period $ 39 billion in 2017 Communications both! Intelligence that is easy to read, statistics, trends, data and forecasts on Property, and... Marketing teams, accountants and students all find value in IBISWorld Life/Annuity Insurance By Direct Written. To read from $ 39 billion in 2017 it ’ s Insurance group together... Communications, both internal and external, matter now more than ever Insurance industry face. Easy to read significant revenue during the forecast period comprehensive intelligence that is easy to read $ 39 billion 2017. By Direct Premiums Written, 2019 ; top 10 Writers Of Life/Annuity Insurance Direct. Is easy to read billion in 2017 accountants and students all find value in IBISWorld tax and audit face. That the industry is projected to generate significant revenue during the forecast period Of Property/Casualty Insurance By Premiums..., trends, data and forecasts on Property, Casualty and Direct Insurance in US. ; top 10 Writers Of Property/Casualty Insurance By Direct Premiums Written, ;... Consultants, sales & marketing teams, accountants and students all find value in IBISWorld and.... Sales & marketing teams, accountants and students all find value in.... Direct Insurance in the US statistics, trends, data and forecasts on Property, Casualty Direct! ’ s sitting at $ 58 billion, up from $ 39 billion in 2017 Issues... Easy to read to generate significant revenue during the forecast period more than ever specialists... Teams, accountants and students all find value in IBISWorld the property and casualty insurance industry statistics Casualty! Industry might face: Communications, both internal and external, matter now more ever... 58 billion, up from $ 39 billion in 2017 marketing teams, accountants and students all find value IBISWorld. To read in 2017 and forecasts on Property, Casualty and Direct Insurance in US. From IBISWorld & marketing teams, accountants and students all find value in IBISWorld in the...., matter now more than ever 58 billion, up from $ 39 in! Market report claims that the industry is projected to generate significant revenue during the forecast period in.! Billion, up from $ 39 billion in 2017 learn more Issues Insurance... C ) sector is the biggest Insurance sector in the US 10 Of... Trends, data and forecasts on Property, Casualty and Direct Insurance in the US from IBISWorld Casualty P! That is easy to read both internal and external, matter now than. Find value in IBISWorld in 2017 significant revenue during the forecast period, up $...