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Research and Markets: Non-Life Insurance in the United States
The non-life insurance consists of the general insurance market segmented into the accident and health insurance sector and the property and casualty insurance sector. The US non-life insurance market had total gross premiums of $659,915 million in 2010, representing a compound annual growth rate (CAGR) of 0.9% between 2006 and 2010. The property and casualty segment was the market's most lucrative in 2010, with total gross written premiums of $528,224.8 million, equivalent to 80% of the market's overall value. The insurance market is forecasted to increase by 3.3% for the five-year period 2010-2015.
Source:The Auto Channel