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 9
3) Selling Insurance to Consumers in Discount Stores May Grow 10
4) Sophisticated Risk Management and Prevention Programs Lead to Lower Losses 10
5) Independent Agencies Continue to Dominate Commercial Insurance, but Play a Lesser Role in Personal Lines 11
6) Insurance Direct Selling and E-Commerce Grow 11
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 14
9) Insurance Industry Reform May Be on the Horizon 15
10) Insurance Industry Mergers and Acquisitions Continue 16
11) No End in Sight to the Growth of Specialized Insurance Lines 16
12) Variable Annuity Accounts Top $1.4 Trillion in the U.S., While Costs and Sales Practices are Scrutinized 17
13) Major U.S., Japanese and European Insurance Firms See Vast Promise in the Chinese Market 18
14) Insurers Target Developing Markets 18
15) Continued Rise in Health Care Costs 19
16) Employers Push Health Care Costs onto Employees 20
17) Health Savings Accounts and Health Reimbursement Accounts Put Responsibility on the Patient 21
18) Malpractice Suits Are Blamed for Rising Health Care Costs/Tort Reform Is Capping Awards for Damages 22
19) Medicare Changes Include Drug Benefits for Seniors/Medicare Advantage Offers Private Fee for Service Plans 23
20) Hedge Funds Enter the Reinsurance Field in a Big Way 24
21) Credit Default Swaps (CDS) Saor into the Trillions of Dollars 25
Chapter 2: Insurance Industry Statistics 27
Insurance Industry Overview 28
Top Ten Insurance-Related Merger & Acquisition Deals, U.S.: 2007 29
Top 25 Global Insurance Companies by Revenues: 2007 30
Top 10 U.S.-Based Publicly-Traded Insurance Companies by Revenues: 2007 31
Top 20 Global Property & Casualty Insurance Companies by Revenues: 2007 32
Assets & Liabilities of U.S. Property-Casualty Insurance Companies: 2002-2nd Quarter 2008 33
Typical U.S. Automobile Insurance Costs per Year: 2008 34
Top 20 Global Life Insurance Companies by Revenues: 2007 35
Assets & Liabilities of U.S. Life Insurance Companies: 2002-2nd Quarter 2008 36
Top 20 Global Health Insurance Companies by Revenues: 2007 37
Employers' Costs for Health Insurance, Amount & Percent of Total Compensation, U.S.: Selected Years 2003-2007 38
The Nation's Health Dollar: 2008 Where It Came From (Estimated) 39
People without Health Insurance for the Entire Year, U.S.: 2006-2007 40
Percent of Persons under Age 65 Years without Health Insurance Coverage, by Age Group & Sex: U.S.: 2007 41
Percent of Persons under Age 65 with Public Health Plan Coverage & Private Health Insurance Coverage by Age Group, U.S.: 1997-2007 42
Medicare Deductible, Co-Payment & Premium Amounts: 2009 43
Employment in the Insurance Industry, U.S.: 2001-2007 45
Employment & Earnings in Insurance Industry Occupations, U.S.: May 2007 46
Chapter 3: Important Insurance Industry Contacts 47
(Addresses, Phone Numbers and Internet Sites)
Chapter 4: THE INSURANCE 300:
Who They Are and How They Were Chosen 67
Industry List, With Codes 68
Index of Rankings Within Industry Groups 70
Alphabetical Index 78
Index of Headquarters Location by U.S. State 81
Index of Non-U.S. Headquarters Location by Country 84
Index by Regions of the U.S. Where the Firms Have Locations 86
Index by Firms with Operations Outside the U.S. 95
Individual Data Profiles on Each of THE INSURANCE 300 99
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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