Insurers by domicile.Each U.S. insurance company is domiciled dom·i·cile n. 1. A residence; a home. 2. One's legal residence. v. dom·i·ciled, dom·i·cil·ing, dom·i·ciles v.tr. 1. in the state where it is incorporated or chartered. It also is licensed under the state's insurance laws for individual lines of business. Additionally, insurers are free to seek licenses in any state or territory. U.S. Property/Casualty Insurers by Domicile domicile (dŏm`əsīl'), one's legal residence. This may or may not be the place where one actually resides at any one time. The domicile is the permanent home to which one is presumed to have the intention of returning whenever the purpose Average number of companies per domicile, 1969-2002 [ILLUSTRATION OMITTED] Source: A.M. Best Company, Insurance Information Institute, NAIC NAIC See National Association of Investors Corporation (NAIC). , U.S. Bureau of Economic Analysis U.S. Property/Casualty Insurers by Year The property/casualty industry is dynamic, with insurers starting up to target specific lines of business and geographic geographic /geo·graph·ic/ (je?o-graf´ik) in pathology, of or referring to a pattern that is well demarcated, resembling outlines on a map. geographic pertaining to geography. niches. For example, after the Sept. 11,2001, terrorist attacks, several reinsurers were launched in Bermuda Bermuda (bûrmy  `də), British dependency (2005 est. pop. 65,400), 21 sq mi (53 sq km), comprising some 150 coral rocks, islets, and islands (of which some 20 are inhabited), in the . Companies typically leave the industry through mergers and acquisitions. [GRAPHIC OMITTED] Source: A.M. Best Company, Insurance Information Institute, National Association of Insurance Commisioners, U.S. Bureau of Economic Analysis |
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