With the incoming Biden administration, several changes are expected to be made to the health insurance sector, which could open up the scope for further growth of the industry. Nevertheless, the ongoing risks related to the COVID-19 pandemic could have an unpredictable impact on the US insurance industry.
This report US Insurance Industry – Porter’s Five Forces Strategy Analysis provides an in-depth analysis of the US insurance industry. The Porter’s analysis analyzes the industry through the bargaining power of buyers and suppliers, the competitive rivalry in the industry, the threat of new entrants to the industry and the threat of substitutes to the industry.
Apart from the Porter’s analysis, the report also includes a brief analysis of the US insurance industry as well.
Table of Contents
A. Executive Summary
B. Industry Definition
C. Brief Profile of the US Insurance Sector
- Market Overview
- Impact of COVID-19 on the US Insurance Sector
- Life Insurance Sector
- Non-life Insurance Sector
- Industry Forecast
D. US Insurance Sector: Porter’s Five Forces Analysis
- Bargaining Power of Buyers
- Bargaining Power of Suppliers
- Competitive Rivalry in the Industry
- Threat of New Entrants
- Threat of Substitutes
- Conclusion
E. Disclaimer
List of Figures
Figure 1: Insurance Premiums Written in the US by Sector, 2018-2029
Figure 2: Factors Driving Bargaining Power of Buyers in the US Insurance Industry
Figure 3: Factors Driving Bargaining Power of Suppliers in the US Insurance Industry
Figure 4: Competitive Rivalry in the US Insurance Industry
Figure 5: Factors Influencing the Entry of New Players in the US Insurance Industry
Figure 6: Threat of Substitutes in the US Insurance Industry
Figure 7: Competitive Forces Driving the US Insurance Industry
List of Tables
Table 1: Forecast of the US Insurance Industry, 2018-2025
Table 2: Forecast of Gross Insurance Premiums Written in the US, 2024-2029"
