Usa Life & Non-life Insurance Market Trends

Statistics for the 2022 & 2023 Usa Life & Non-life Insurance market trends, created by Mordor Intelligence™ Industry Reports. Usa Life & Non-life Insurance trend report includes a market forecast to 2028 and historical overview. Get a sample of this industry trends analysis as a free report PDF download.


Market Trends of USA Life & Non-Life Insurance Industry

This section covers the major market trends shaping the USA Life & Non-Life Insurance Market according to our research experts:

Growing Insurtech in the United States is Driving the Market

Although the United States has historically dominated insurtech investment, a shift is gradually coming. 46% of all insurance transactions in the United States took place in Q3 2021, a 4%-point increase from the previous 2 years, demonstrating the growing importance of investment centers outside the country. There were 11 deals in the United Kingdom and six in China, whereas Lebanon registered its first insurance deal, since 2017. Lemonade, a US renters and homeowners' insurance startup, was priced at a pre-money valuation of over USD 2 billion, after raising USD 300 million from Allianz X, General Catalyst, Google Ventures, OurCrowd, Softbank Group, and Thrive Capital.

USA Life & Non-Life Insurance Market : Share of Insurtech Funding Transactions Worldwide from 2012 to Q3 2021, by Investment Stage

Increase in Merger and Acquisition Activities

According to a report by GlobalData, merger and acquisition (M&A) deals in the US insurance sector accounted for approx. 53% in 2022. The value of merger and acquisition (M&A) deals involving American-based targets increased twofold in 2021 compared to the previous year. Deals involving mergers and acquisitions were worth 1.3 trillion dollars in 2020 and 2.6 trillion dollars in 2021. Tens of thousands of transactions take place in the merger and acquisition business in the US every year. The value of these transactions exceeds one trillion dollars in a healthy economy. By combining their efforts, businesses can become more effective by utilizing economies of size and scope. North American merger and acquisition (M&A) transactions made up around two thirds of the total value of worldwide M&A transactions in the first five months of 2021. European and Asia-Pacific deals normally made up around half of the overall deal value over the previous ten years, but that percentage dropped to about 30% in the early twenty-first century.

USA Life & Non-Life Insurance Market : Value of Global Mergers and Acquisitions in 2020 and 2021, by Industry