Product Warranty & Liability Insurance in the US Industry Market Research Report from IBISWorld Has Been Updated
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In addition to premiums, investment income has suffered over the period. Operators earn a portion of their revenue from returns on invested assets, primarily fixed-income securities. Since the recession, the US Federal Reserve has kept interest rates low to spur consumer spending and business investment. As a result, operators' returns on fixed-income securities have decreased, reducing investment income. For these reasons, industry revenue is forecast to decrease at an annualized rate. The recovering housing market, as well as rising disposable income levels, is anticipated to help bolster downstream sales of appliances and electronics in 2014, limiting the decline in revenue to a modest drop over the year.
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This industry comprises establishments primarily engaged in underwriting product warranty policies, which protect the buyer of the product from defects and damage. The industry excludes warranty programs for homes, automobiles and other vehicles. It also excludes companies that perform repair services for products under warranty.
Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
Globalization & Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
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Major Companies
Operating Conditions
Capital Intensity
Key Statistics
Industry Data
Annual Change
Key Ratios
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