The US insurance industry is the biggest insurance market in the world. Despite the COVID-19 pandemic and the resultant economic fallout, the US insurance is expected to remain stable. Following the 2020 recession, the US economy is bouncing back, and it is expected that there will be a renewed demand for consumer-driven non-life insurance segments, along with decent growth in the life insurance sector as well.

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.

Aruvian Research’s 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.