2025 Direct Property & Casualty Insurance Carriers Industry Report

Industry Overview

This U.S. industry comprises establishments primarily engaged in initially underwriting (i.e., assuming the risk and assigning premiums) insurance policies that protect policyholders against losses that may occur as a result of property damage or liability. Illustrative Examples: Automobile insurance carriers, direct Malpractice insurance carriers, direct Fidelity insurance carriers, direct Mortgage guaranty insurance carriers, direct Homeowners’ insurance carriers, direct Surety insurance carriers, direct Liability insurance carriers, direct
Source: US Census Bureau

Market Size and Industry Forecast

The Direct Property and Casualty Insurance Carriers industry report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2020 to 2030 reflect industry trends and growth patterns. Revenues include both public and private companies in the Direct Property & Casualty Insurance Carriers industry.

	Historical					Forecasted
	2020	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030
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



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.

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.

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 Industry 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

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 Industry 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

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.

Top Companies in Direct Property & Casualty Insurance Carriers and Adjacent Industries

Company	Address	Revenue ($ Millions)