Title: UK Insurance Market Essentials
1UK Insurance Market Essentials
(Type, Mode of action, Crop Type and Geography) -
Size, Share, Global Trends, Company Profiles,
Demand, Insights, Analysis, Research, Report,
Opportunities, Segmentation and Forecast, 2013 -
2020
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Published on Oct 2014
2 Report Overview
- The personal lines insurance market is expected
to grow only very slowly over the next few years,
as an incredibly competitive market flush with
capacity will be unable to sustain rate
hardening. A still-profitable home insurance
market is under-priced for high-cost weather
events, while the motor market jumped the gun on
rate cuts in lieu of LASPO savings. The
commercial lines market stepped into profitable
territory in 2014. However, this was supported by
reserve releases, and its underlying health is
never clear given the heavy influence of
long-tail business. Overcapacity remains but the
market has started to see green shoots from
improving economic conditions. GWP can now be
expected to grow year-on-year. - Key Findings
- The total UK general insurance market grew by
0.5 in terms of GWP in 2014. - The personal lines market represented 63 of the
total market in 2014. - In contrast to a contracting personal lines
space, the commercial lines market found
reasonable growth after contraction over the
previous three years. - Read More At http//www.researchbeam.com/uk-insur
ance-essentials-market
3 Table of Content
- Table Of Contents
- 1. Total General Insurance Market
- 2. Personal Insurance
- 3. Commercial Insurance
- 4. Distribution
- 5. Appendix
- Reasons To Buy
- Access all of the key market-level metric data
you need in one place for personal and commercial
lines. - Build a view of the UK insurance market's
health, by line, and the trends and figures that
sit behind this. - Enquire More At http//www.researchbeam.com/uk-in
surance-essentials-market/enquire-about-report
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