Property & Casualty (P&C) Insurance

Property insurance provides protection against risks to property, such as fire, theft or weather damage.

This may include specialized forms of insurance such as fire insurance, flood insurance, earthquake insurance, auto, boat/watercraft, vehicle and home insurance.

• US property and casualty insurers wrote $422 billion in premiums in 2010 with a net income after taxes of $34.7 billion.
• 2010 losses incurred equaled $256 billion.
• The global property & casualty insurance market had total gross written premiums of $1,297.9 billion in 2010.

The Property & Casualty Insurance industry model set consists of Enterprise, Business Area, and Data Warehouse logical data models developed for companies providing insurance products and services to the personal lines property and casualty industry.

The Property & Casualty Insurance data models support automobile, personal vehicle and homeowners insurance through an integrated set of data models. These models establish a comprehensive data architecture supporting the entire organization.

Property & Casualty Insurance can also be integrated with Life Insurance and Health Insurance to support other industry insurance products offered by the insurer.