Direct Property and Casualty Insurance Carriers in Virginia
Revenue benchmarks for direct property and casualty insurance carriers businesses operating in Virginia.
#20 of 50 states-46.4% vs national avg
Average Revenue
$42.1M
per year
Businesses
112
in Virginia
Revenue / Employee
$260K
per year
Labor Cost
30.0%
of revenue
Profit Margin
15.0%
industry average
Market Saturation
1.3
firms per 100K in VA
Total Revenue
$4.7B
all firms in VA
Total Employees
18,177
in VA
How Virginia Compares
National Average$78.6M
Virginia$42.1M
Difference$36.4M (-46.4%)