Property & Casualty Insurance Industry Financials

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Property & Casualty Insurance Industry Financial Summary

In the US, about 5,000 companies provide insurance coverage of various sorts, with combined annual revenue of $1 trillion. Large companies include American International Group, MetLife, Aetna, and Allstate. The industry is highly concentrated: the 50 largest companies hold more than 60 percent of the market. Within product segments, concentration is even higher.

Using the 2002 Census Bureau Economic Census, Hoover's has generated an industry financial summary for the Property & Casualty Insurance industry.

NAICSNAICS DescriptionEstablishmentsSales, Receipts, or Shipments ($1,000)Annual Payroll ($1,000)Paid Employees
524126Direct property & casualty insurance carriers12,951$366,051,948$32,078,906607,027
 All NAICS Sectors12,951$366,051,948$32,078,906607,027

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