Direct Property & Casualty Insurance Carriers Industry: Statistics, Forecasts, and Company Data
Direct Property & Casualty Insurance Carriers - Market Size and Industry Forecast
The 2023 Direct Property and Casualty Insurance Carriers Industry Report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2018 to 2028 reflect industry trends and growth patterns. Revenues include both public and private companies in the direct property & casualty insurance carriers industry.
| Historical | Forecasted |
|---|
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|
| Market Size (Total Revenue) | 
|
| % Growth Rate |
| Number of Companies |
| Total Employees |
| Average Revenue per Company |
| Average Employees per Company |
Source: U.S. government financial data.Industry Revenue ($ Billions)
Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.
Direct Property & Casualty Insurance Carriers - Geographic Breakdown by U.S. State
Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Direct Property & Casualty Insurance Carriers companies in the United States.
Direct Property & Casualty Insurance Carriers Revenue by State
Distribution by Company Size
| Company Size | All Industries | Direct Property & Casualty Insurance Carriers |
|---|
| Small Business (< 5 Employees) |
|
| Small Business (5 - 20) |
| Midsized Business (20 - 100) |
| Large Business (100 - 500) |
| Enterprise (> 500) |
Direct Property & Casualty Insurance Carriers - Income Statement (Average Financial Metrics)
Financial statement analysis determines averages for the following industry forces:
- Cost of goods sold
- Compensation of officers
- Salaries and wages
- Employee benefit programs
- Rent paid
- Advertising and marketing budgets
The report includes a traditional income statement from an "average" company (both public and private companies included).
| Industry Average | Percent of Sales |
|---|
| Total Revenue |
|
| Operating Revenue |
| Cost of Goods Sold (COGS) |
| Gross Profit |
| Operating Expenses |
| Operating Income |
| Non-Operating Income |
| Earnings Before Interest and Taxes (EBIT) |
| Interest Expense |
| Earnings Before Taxes |
| Income Tax |
| Net Profit |
Average Income Statement
Cost of Goods Sold
Salaries, Wages, and Benefits
Rent
Advertising
Depreciation and Amortization
Officer Compensation
Net Income
Direct Property & Casualty Insurance Carriers - Financial Ratio Analysis
Financial ratios allow a company's performance to be compared against that of its peers.
| Financial Ratio | Industry Average |
|---|
| Profitability Ratios |
|
| Profit Margin |
| ROE |
| ROA |
| Liquidity Ratios |
| Current Ratio |
| Quick Ratio |
| Activity Ratios |
| Average Collection Period |
| Asset Turnover Ratio |
| Receivables Turnover Ratio |
| Inventory Conversion Ratio |
Direct Property & Casualty Insurance Carriers - Compensation and Salary Surveys
| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|
| Management Occupations | 7% |
|
| Chief Executives | 0% |
| General and Operations Managers | 2% |
| Business and Financial Operations Occupations | 35% |
| Business Operations Specialists | 24% |
| Claims Adjusters, Appraisers, Examiners, and Investigators | 18% |
| Claims Adjusters, Examiners, and Investigators | 16% |
| Financial Specialists | 11% |
| Financial Analysts and Advisors | 8% |
| Insurance Underwriters | 7% |
| Computer and Mathematical Occupations | 10% |
| Computer Occupations | 8% |
| Sales and Related Occupations | 9% |
| Sales Representatives, Services | 8% |
| Insurance Sales Agents | 7% |
| Insurance Sales Agents | 7% |
| Office and Administrative Support Occupations | 33% |
| Information and Record Clerks | 10% |
| Customer Service Representatives | 8% |
| Customer Service Representatives | 8% |
| Other Office and Administrative Support Workers | 15% |
| Insurance Claims and Policy Processing Clerks | 12% |
| Insurance Claims and Policy Processing Clerks | 12% |
Government Contracts
In the past, the federal government spent an annual total of
$525,392 on the direct property & casualty insurance carriers industry. It has awarded 48 contracts to 11 companies, with an average value of $47,763 per company.
Direct Property & Casualty Insurance Carriers and Adjacent Industries - Top Companies
| Company | Address | Revenue
($ Millions) |
|---|
|
