Property & Casualty Insurance Market Share

Report ID: GMI7113
   |
Published Date: July 2024
 | 
Report Format: PDF

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Property & Casualty Insurance Market Share

State Farm Group and Berkshire Hathaway Inc. are the major companies in the market due to their extensive customer base, financial strength, and diverse portfolio of insurance products. State Farm is known for its wide range of insurance offerings and a vast network of agents, while Berkshire Hathaway through GEICO, its subsidiary, is a leader in auto insurance. Their financial stability, innovations, and customer trust solidify their prominent positions in the P&C insurance industry.
 

Property & Casualty Insurance Market Companies

The major companies operating in the property & casualty insurance industry are-

  • State Farm Group
  • Berkshire Hathaway Inc.
  • Progressive Corporation
  • Allstate Corporation
  • Liberty Mutual Insurance
  • Travelers Companies Inc.
  • Chubb Limited
Authors: Preeti Wadhwani,
Frequently Asked Question(FAQ) :
What factors are driving North America property & casualty insurance industry growth?
North America recorded over 30% of the market share in 2023, due to the presence of robust insurance sector, high urbanization rates, and the strong focus on risk management.
Who are the major property & casualty insurance market players?
How big is the property & casualty insurance market?
How is the demand for property & casualty insurance driven by agencies?
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    Base Year: 2023

    Companies covered: 15

    Tables & Figures: 226

    Countries covered: 21

    Pages: 220

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