Industry Statistics, Trends and In-depth Analysis of Top Companies

 
     

Insurance Table of Contents

 
A Short Insurance Industry Glossary i
Introduction 1
How to Use This Book 3
Chapter 1: Major Trends Affecting the Insurance Industry 7
1) Introduction to the Insurance Industry 7
2) Aging Populations Create Challenges and Opportunities for the Insurance Industry 10
3) Selling Insurance to Consumers in Discount Stores May Grow 11
4) Sophisticated Risk Management and Prevention Programs Lead to Lower Losses 11
5) Independent Agencies Continue to Dominate Commercial Insurance, but Play a Lesser Role in Personal Lines 12
6) Insurance Direct Selling and E-Commerce Grow 12
7) Technology Drives Efficiencies in Back Office Tasks, Underwriting, Agency Networks and Customer Service 13
8) Homeowner's Insurance Passes More Risk to the Policy Holders and Relies on Sophisticated Risk Analysis Tools to Set Rates 15
9) Insurance Industry Mergers and Acquisitions Continue 16
10) No End in Sight to the Growth of Specialized Insurance Lines 17
11) Variable Annuity Accounts Decline in Value/New Product Strategies Evolve 18
12) Major U.S., Japanese and European Insurance Firms See Vast Promise in the Chinese and Southeast Asia Market 19
13) Insurers Target Developing Markets 19
14) Continued Rise in Health Care Costs 20
15) Employers Push Health Care Costs onto Employees/On-Site Clinics Begin to Appear 20
16) Malpractice Suits Are Blamed for Rising Health Care Costs/Tort Reform Is Capping Awards for Damages 21
17) Medicare Changes Include Drug Benefits for Seniors/Medicare Advantage Offers Private Fee for Service Plans 23
18) Hedge Funds Enter the Reinsurance Field in a Big Way 24
19) Credit Default Swaps (CDS) and Derivatives Soar into the Trillions of Dollars 24
Chapter 2: Insurance Industry Statistics 27
Insurance Industry Overview 28
Major Insurance-Related Merger & Acquisition Deals, U.S.: 2008 29
Top 25 Global Insurance Companies by Revenues: 2008 30
Top 20 Global Property & Casualty Insurance Companies by Revenues: 2008 31
Assets & Liabilities of U.S. Property-Casualty Insurance Companies: 2003-2nd Quarter 2009 32
Typical U.S. Automobile Insurance Costs, per Year: 2009 33
Top 20 Global Life Insurance Companies by Revenues: 2008 34
Assets & Liabilities of U.S. Life Insurance Companies: 2003-2nd Quarter 2009 35
Top 20 Global Health Insurance Companies by Revenues: 2008 36
Employers' Costs for Health Insurance, Amount & Percent of Total Compensation, U.S. Selected Years 2005-2009 37
The Nation's Health Dollar: 2009, Where It Came From (Estimated) 38
People without Health Insurance for the Entire Year, U.S.: 2007-2008 39
Percent of Persons under Age 65 without Health Insurance Coverage, by Age Group & Sex: U.S.: 2008 40
Percent of Persons under Age 65 with Public Health Plan Coverage & Private Health Insurance Coverageby Age Group, U.S.: 1997-2008 41
Employment in the Insurance Industry, U.S.: 2001-2008 42
Employment & Earnings in Insurance Industry Occupations, U.S.: May 2008 43
Chapter 3: Important Insurance Industry Contacts 45
(Addresses, Phone Numbers and Internet Sites)
Chapter 4: THE INSURANCE 300:
Who They Are and How They Were Chosen 65
Industry List, With Codes 66
Index of Rankings Within Industry Groups 67
Alphabetical Index 76
Index of Headquarters Location by U.S. State 79
Index of Non-U.S. Headquarters Location by Country 82
Index by Regions of the U.S. Where the Firms Have Locations 84
Index by Firms with International Operations 93
Individual Data Profiles on Each of THE INSURANCE 300 97
Additional Indexes
Index of Hot Spots for Advancement for Women/Minorities 428
Index by Subsidiaries, Brand Names and Selected Affiliations 430

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