2014-03-21 21:17:03 - Motor Insurance in the United States - a new market research report on companiesandmarkets.com
The US motor insurance market had a total gross premium income of $295.3bn in 2012, representing a compound annual growth rate (CAGR) of 1.2% between 2008 and 2012.
The personal segment was the market´s most lucrative in 2012, with a total gross premium income of $186.5bn, equivalent to 63.1% of the market´s overall value.
The performance of the market is forecast to accelerate, with an anticipated CAGR of 2.7% for the five-year period 2012 - 2017, which is expected to drive the market to a value of $336.9bn by the end of 2017.
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