Insurance Carriers
Industry Description
The US insurance carriers industry includes about 7,500 companies with combined annual revenue of more than $1 trillion. Major companies include AIG, MetLife, Prudential Financial, and Hartford Financial Services Group. The industry is concentrated: the 50 largest companies generate about 60 percent of revenue. Concentration is higher in some industry segments.
SIC: 6311, 6321, 6331, 6351, 6361, 6411
NAICS: 524298, 524130, 524128, 524127, 524113, 524114, 524126
NAICS: 524298, 524130, 524128, 524127, 524113, 524114, 524126
Related Industries:
Legal Services, Investment Banking, Health Insurance Carriers, Life Insurance Carriers, Title Insurance Carriers, Insurance Agencies & Brokerages, Banks & Credit UnionsTo get access to the full industry record, register now.
Top 5 Companies
| Company | Sales | Location |
|---|---|---|
| China Pacific Insurance (Group) Co., Ltd. | 18,106.35M | Central District, Hong Kong |
| SHIN KONG LIFE INSURANCE CO., LTD. | 12,307.64M | Taipei City, Tap |
| MEDIOLANUM VITA SPA | 11,716.31M | Basiglio, Mi |
| DEPOSIT INSURANCE CORPORATION OF JAPAN | 11,443.28M | Chiyoda-Ku, Tky |
| OUTSURANCE INSURANCE COMPANY LTD | 7,679.48M | Centurion, Gauteng |
Trends
Privacy Concerns - As insurers get more information about consumers' medical and...
Industry Indicator
US corporate profits, an indicator of corporate demand for insurance, rose 7.0 percent in the fourth quarter of 2011 compared to the same period in 2010.
Quarterly Industry Update
Maryland Proposes Ban on “Forced Bundling” - A proposed ban in Maryland on “forced bundling,” which requires customers to get their insurance coverage with one company, showcases some recent complaints about the...


