Market Share of Property and Casualty Insurance Industry
The report covers the major players operating in the Property and casualty insurance market in the United States. The market is fragmented, Property & Casualty markets continue to present soft rates(i.e., lower insurance premiums), and despite the recent increases to the federal funds rate, interest rates remain near historically low levels. The foregoing factors have adversely impacted revenue and profitability of Property & Casualty insurers, which could encourage consolidation among larger Property & Casualty insurers due to diminished opportunities for organic growth.
US Property and Casualty Insurance Market Leaders
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Berkshire Hathaway Inc.
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American International Group, Inc.
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Liberty Mutual Holding Company Inc.
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The Progressive Corporation
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The Travelers Companies Inc
*Disclaimer: Major Players sorted in no particular order