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The Premium Report on Insurance contains information used by Marketing Departments in many of the Fortune 1,000 companies and beyond. The report helps identify industry changes, trends, key players, and growth opportunities.

Current State of the Insurance Industry

This section provides answers to five fundamental and commonly-asked questions about the industry:
  1. What is the total market size ($ millions)?
  2. How much has the market grown or declined?
  3. Are long term forecasts positive or negative?
  4. How large is the average company?
  5. How many companies are in the industry?

Market Size - Insurance

The total U.S. market size for the Insurance industry includes all companies, both public and private. In addition to total revenue, the table contains details on employees, companies, and average firm size.

Metrics 2004        2005        2006        2007        2008        2009
Market Size
(Total Industry Sales)
Available
Included with Instant Access

Order at top of page
Total Firms
Total Locations
(Headquarters and Branches)
Total Employees
Average Revenue Per Firm
Average Employees Per Firm
Source: Analysis of US Census data, updated June 8 2010
market size growth Insurance
Charts and graphs can be copied to Microsoft Word and Powerpoint presentations.


Market Forecast - Insurance

Market forecasts show the long term outlook for the Insurance industry. The following five-year forecast utilizes advanced econometric techniques that take into account both short-term and long-term industry trends.

Forecast200920102011201220132014
Revenue ($ billion) AVAILABLE
Insurance market forecast & projections
Source: AnythingResearch.com Economic Analysis


Income Statement (Average Financial Metrics) - Insurance

Financial metrics provide a snapshot view of an "average" company in the Insurance industry. Key business metrics show revenue and operating costs. The data collected is industry-wide, covering both public and private companies in the industry.

Industry AveragePercent of Sales
Total Revenue AVAILABLE
Included in Report

Order at top of page
Operating Revenue
Cost of Goods Sold
Gross Profit

Operating Expenses
Pension, profit sharing plans, stock, annuity
Repairs
Rent paid on business property
Charitable Contributions
Depletion
Domestic production activities deduction
Advertising
Compensation of officers
Salaries and wages
Employee benefit programs
Taxes and Licenses
Bad Debts
Depreciation
Amortization
Other Operating Expenses
Total Operating Expenses
Operating Income
Non-Operating Income
EBIT (Earnings Before Interest and Taxes)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit
 
Source: Analysis of U.S. federal statistics




Financial Ratio Analysis - Insurance

Financial ratios can be used to compare how a company in the Insurance industry is performing relative to its peers. Financial ratios are calculated from the industry-average for income statements and balance sheets.

Liquidity Ratios - Insurance IndustryIndustry Average
Liquidity Ratios measure how liquid a business is. Bankers and suppliers may use these to determine creditworthiness and identify potential threats to a company's financial viability.
Current Ratio
Measures a firm's ability to pay its debts over the next 12 months.
Included
Quick Ratio (Acid Test)
Calculates liquid assets relative to liabilities, excluding inventories.
Included


Efficiency Ratios - Insurance IndustryIndustry Average
Efficiency Ratios measure how quickly products and services sell, and effectively collections policies are implemented.
Receivables Turnover Ratio
If this number is low compared to the industry average, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections.
Included
Average Collection Period
Based on the Receivables Turnover Ratio, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover Ratio
Included
Inventory Turnover Ratio
A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort.
Included
Fixed-Asset Turnover Ratio
Generally, a higher ratio is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue.
Included



Geographic Distribution

The concentration of employees by states indicates how the industry (companies and workforce) is distributed throughout the country.

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Move mouse over states to see employment numbers
Note: Round numbers are estimates. Precise numbers are actuals.
Source: US Census


Compensation & Salary Surveys for Employees Working in Insurance

Compensation statistics provides an accurate assessment of jobs in the Insurance industry and national salary averages. This information can be used to asses which positions are most common, and high, low, and average annual wages.

TitlePercent of WorkforceBottom Quartile Average (Median) SalaryUpper Quartile
Management occupations 7% AVAILABLE
Included in Report

Order at top of page
Chief executives0%
General and operations managers2%
Business and financial operations occupations 35%
Claims adjusters, examiners, and investigators 16%
Insurance underwriters 8%
Computer and mathematical science occupations 7%
Sales and related occupations 8%
Insurance sales agents 7%
Office and administrative support occupations 35%
Customer service representatives 8%
Insurance claims and policy processing clerks 10%
Office clerks, general 6%
Source: Bureau of Labor Statistics Insurance market size


Companies in Insurance and Adjacent Industries

CompanyAddressKey Contact
AVAILABLEAVAILABLEAVAILABLE


Public Insurance Company News

Web scan for recent news about publicly traded companies in the Insurance industry.


Government Contracts Related to Insurance

In 2008, the federal government spent a total of $488,802,106 on Insurance. It has awarded 722 contracts to 154 companies, with an average value of $3,174,040 per company.   

Top government vendors:

Company Federal Contracts Total Award Amount
AVAILABLEAVAILABLEAVAILABLE



The Industry Report on Insurance contains the key pieces of information used by strategy and management consultants to identify market trends and accurately measure growth and industry performance.

Current State of the Insurance Industry

This section provides answers to five fundamental and commonly-asked questions about the industry:
  1. What is the total market size ($ millions)?
  2. How much has the market grown or declined?
  3. Are long term forecasts positive or negative?
  4. How large is the average company?
  5. How many companies are in the industry?

Market Size - Insurance

The total U.S. market size for the Insurance industry includes all companies, both public and private. In addition to total revenue, the table contains details on employees, companies, and average firm size.

Metrics 2004        2005        2006        2007        2008        2009
Market Size
(Total Industry Sales)
Available
Included with Instant Access

Order at top of page
Total Firms
Total Locations
(Headquarters and Branches)
Total Employees
Average Revenue Per Firm
Average Employees Per Firm
Source: Analysis of US Census data, updated June 8 2010
market size growth Insurance
Charts and graphs can be copied to Microsoft Word and Powerpoint presentations.


Income Statement (Average Financial Metrics) - Insurance

Financial metrics provide a snapshot view of an "average" company in the Insurance industry. Key business metrics show revenue and operating costs. The data collected is industry-wide, covering both public and private companies in the industry.

Industry AveragePercent of Sales
Total Revenue AVAILABLE
Included in Report

Order at top of page
Operating Revenue
Cost of Goods Sold
Gross Profit

Operating Expenses
Pension, profit sharing plans, stock, annuity
Repairs
Rent paid on business property
Charitable Contributions
Depletion
Domestic production activities deduction
Advertising
Compensation of officers
Salaries and wages
Employee benefit programs
Taxes and Licenses
Bad Debts
Depreciation
Amortization
Other Operating Expenses
Total Operating Expenses
Operating Income
Non-Operating Income
EBIT (Earnings Before Interest and Taxes)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit
 
Source: Analysis of U.S. federal statistics




Financial Ratio Analysis - Insurance

Financial ratios can be used to compare how a company in the Insurance industry is performing relative to its peers. Financial ratios are calculated from the industry-average for income statements and balance sheets.

Liquidity Ratios - Insurance IndustryIndustry Average
Liquidity Ratios measure how liquid a business is. Bankers and suppliers may use these to determine creditworthiness and identify potential threats to a company's financial viability.
Current Ratio
Measures a firm's ability to pay its debts over the next 12 months.
Included
Quick Ratio (Acid Test)
Calculates liquid assets relative to liabilities, excluding inventories.
Included


Efficiency Ratios - Insurance IndustryIndustry Average
Efficiency Ratios measure how quickly products and services sell, and effectively collections policies are implemented.
Receivables Turnover Ratio
If this number is low compared to the industry average, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections.
Included
Average Collection Period
Based on the Receivables Turnover Ratio, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover Ratio
Included
Inventory Turnover Ratio
A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort.
Included
Fixed-Asset Turnover Ratio
Generally, a higher ratio is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue.
Included



Compensation & Salary Surveys for Employees Working in Insurance

Compensation statistics provides an accurate assessment of jobs in the Insurance industry and national salary averages. This information can be used to asses which positions are most common, and high, low, and average annual wages.

TitlePercent of WorkforceBottom Quartile Average (Median) SalaryUpper Quartile
Management occupations 7% AVAILABLE
Included in Report

Order at top of page
Chief executives0%
General and operations managers2%
Business and financial operations occupations 35%
Claims adjusters, examiners, and investigators 16%
Insurance underwriters 8%
Computer and mathematical science occupations 7%
Sales and related occupations 8%
Insurance sales agents 7%
Office and administrative support occupations 35%
Customer service representatives 8%
Insurance claims and policy processing clerks 10%
Office clerks, general 6%
Source: Bureau of Labor Statistics Insurance market size


Companies in Insurance and Adjacent Industries

CompanyAddressKey Contact
AVAILABLEAVAILABLEAVAILABLE


Public Insurance Company News

Web scan for recent news about publicly traded companies in the Insurance industry.





Recent News about Insurance

  • Hearing set on insurance coverage of chemotherapy treatment: State health officials are looking for ways to assure comparable access to different types of chemotherapy.�A proposal, now under review, would require insurance companies to provide comparable benefits for oral and injected or intravenous anti-cancer medication. Public comment will be taken during a hearing at 1 p.m. June 28 in Tumwater. ...
  • HM Insurance Group Acquires Stop Loss Block From Mutual of Omaha: PITTSBURGH, June 17 -- In a move that will place HM Insurance Group among the largest employer stop ...
  • HM Insurance Group Acquires Stop Loss Block From Mutual of Omaha: In a move that will place HM Insurance Group among the largest employer stop loss carriers in the U.S., it was announced today that HM Life Insurance Company has reached an agreement with Mutual of Omaha to acquire its employer stop loss line of business for an undisclosed amount.
  • The Dentists Insurance Company Names Mayo Vice President of Business Operations: The former consultant for CastleBay has particular expertise in processing systems and reporting.
  • Upgrade insurance to cover collectibles: NEW YORK When Ross Brudenell began decorating a second home in Connecticut with pieces from his $2 million collection of colonial American furnishings, he realized something else needed changing: his insurance.
  • Finding Travel Insurance's Sweet Spot: Squaremouth Advises Paying Less for More Coverage: When shopping for travel insurance, people are sometimes confused as to why some plans are inexpensive but offer better benefits. This situation is common and it is not a mistake: often it means a shopper has hit the 'sweet spot' for that plan, advises Squaremouth.com, America's fastest growing comparison website for travel insurance.
  • Personal Line Insurance Sector Recommended As A Short Term Investment By Industry Analyst Due To Homogeneous Data And ...: 67 WALL STREET, New York - June 16, 2010 - The Wall Street Transcript has recently published its Insurance Report offering a timely review of the sector to serious investors and industry executives. This special feature contains expert industry commentary through in-depth interviews with public company CEOs, Equity Analysts and Money Managers. The full issue is available by calling (212) 952 ...
  • iPipeline Awarded Patent for Computer Method for Insurance Applications: iPipeline, which supplies on-demand software to insurance carriers and producers, reports it has been granted a U.S. patent for its computerized method for preparing insurance applications. Under ...
  • Latta Insurance Services Joins Keystone Insurers Group: NORTHUMBERLAND, Pa.----Latta Insurance Services Inc. of Henderson, Ky., has become Keystone Insurers Groups 17th franchise partner in Kentucky. Latta Insurance Services President Williams S.
  • Homeowner Insurance May Leave Art, Wine Collectors Empty-Handed: When Ross Brudenell began decorating a second home in Abington, Connecticut, with pieces from his $2 million collection of colonial American furnishings, he realized something else needed changing: his insurance.
  • Phuket car sales on the rise: PHUKET: Car dealerships in Phuket are reporting that first quarter sales are up about 40 percent year-on-year, with sales to foreigners accounting for as much as half of sales at some showrooms.
  • Blame a different president for woes: Re Dennis Kalos letter, "Obama makes everything worse," April 25:
  • Port passes on public adjuster for Ike claims: The port will continue working on its own to collect Hurricane Ike insurance settlements
  • California health insurance battle foreshadows national debate: Health care reform has left the realm of shouting headlines and entered the phase of sausage making as the industry and government leaders hammer out how it will work on the ground. A fascinating debate that raged in 2006 in California may provide a hint as to whats in store on the federal level. At issue is the concept of the medical loss ratio. Its a measure of the proportion of premium ...
  • Shopping for home insurance a thankless, but necessary task: If there's one financial task I love to put off, it's shopping for insurance. But when my new premium for home insurance came in ...


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What's in each report?
  Premium Report Standard Report
Current State of the Industry Current State of Insurance Current State of Insurance
Market Size (historical trends) Insurance Market Size Insurance Market Size
Market Forecast (5-year projection) Insurance Market Forecast  
Products/Services Breakdown Products & Services  
Financial Metrics Financial Metrics Financial Metrics
Salary & Compensation Statistics Salary Statistics Salary Statistics
Key Companies companies companies
Public Company News company news company news
Government Vendors government vendors  
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