Insurance Industry, Risk Management Business Market Research, Trends, Statistics, Technologies and Profiles of Leading Companies

Plunkett's Insurance Industry Almanac

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	8
	2) Aging Populations Create Challenges and Opportunities for the Insurance Industry	9
	3) Hurricanes Katrina and Rita Cost Insurers a Bundle and Drive Changes in the Industry	9
	4) Selling Insurance to Consumers in Discount Stores May Grow	10
	5) Bid-Rigging, Contingent Fee and Misleading Accounting Scandals Rock the Insurance Industry	10
	6) Sophisticated Risk Management and Prevention Programs Lead to Lower Losses	11
	7) Independent Agencies Continue to Dominate Commercial Insurance but Play a Lesser Role in Personal Lines	11
	8) Direct Selling and E-Commerce Grow	12
	9) Technology Drives Efficiencies in Back Office Tasks, Underwriting, Agency Networks and Customer Service	13
	10) Homeowner’s Insurance Passes More Risk to the Policy Holders and Relies on Sophisticated Risk Analysis Tools to Set Rates	14
	11) Insurance Industry Mergers and Acquisitions Continue	14
	12) No End in Sight to the Growth of Specialized Insurance Lines	15
	13) Variable Annuity Accounts Top $1.1 Trillion in the U.S., While Costs and Sales Practices are Scrutinized	15
	14) Major U.S., Japanese and European Insurance Firms See Vast Promise in the Chinese Market	16
	15) Continued Rise in Health Care Costs	16
	16) Employers Push Health Care Costs onto Employees	17
	17) Health Savings Accounts and Health Reimbursement Accounts Gain Traction	17
	18) Managed Care Becomes More Patient-Friendly	18
	19) Growing Use of Managed Care by Medicare	19
	20) Malpractice Suits Are Blamed for Rising Health Care Costs	20
	21) Medicare Changes Include Drug Benefits for Seniors for the First Time	21
Chapter 2: Insurance Industry Statistics		23
	U.S. Insurance Industry Overview	24
	Annual Merger & Acquisition Deal Volume, U.S. Insurance Industry: 2000-2005	25
	Largest U.S. Insurance Industry Merger & Acquisition Deals, 2005	26
	Employment in the U.S. Insurance Industry: 1994-2005	27
	Assets and Liabilities of U.S. Life Insurance Companies: 1999-2005	28
	Assets and Liabilities of U.S. Property-Casualty Insurance Companies: 1999-2005	29
	Top 25 Largest Insurance Companies Worldwide by Revenues, 2004	30
	Top 10 Largest U.S. - Based Publicly Traded Insurance Companies by Revenues, 2004	31
	Top 10 Global Life Insurance Companies by Revenues, 2004	32
	Top 10 Global Property and Casualty Companies by Revenues, 2004	33
	Top 10 Global Health Insurance Companies by Revenues, 2004	34
	The Nation's Health Dollar, 2005 (Estimated) Where It Came From	35
	Employers' Costs for Health Insurance, Amount and Percent of Total Compensation, U.S.: Selected Years 2000-2004	36
	Percent of Persons Under Age 65 with Public Health Plan Coverage and Private Health Insurance Coverage, by Age Group, U.S.:1997-2004	37
	People Without Health Insurance for the Entire Year, U.S.: 2002, 2003 and 2004	38
	Medicare Deductible, Co-Payment and Premium Amounts, 2005	39
	Most Frequent Perils Leading to Homeowners Insurance Claims	40
	U.S. Automobile Insurance Costs Per Year, 2005	41
Chapter 3: Important Insurance Industry Contacts		43
	Addresses, Telephone Numbers and World Wide Web Sites
Chapter 4: THE INSURANCE 300:
	Who They Are and How They Were Chosen	59
	Industry List, With Codes	60
	Index of Rankings Within Industry Groups	71
	Alphabetical Index	62
	Geographic Indexes
	Index of Headquarters Location by U.S. State	74
	Index of Non-U.S. Headquarters Location by Country	78
	Index by Regions of the U.S. Where THE INSURANCE 300 Have Locations	79
	Index by Firms with Operations Outside the U.S.	89
Individual Profiles on Each of THE INSURANCE 300		91
Additional Indexes
	Index of Hot Spots for Advancement for Women/Minorities	420
	Index by Subsidiaries, Brand Names and Selected Affiliations	421

Back to the Insurance Industry Almanac