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Research and Markets: Non-Life Insurance in the UK - Key Trends and Opportunities to 2018
[July 23, 2014]

Research and Markets: Non-Life Insurance in the UK - Key Trends and Opportunities to 2018


DUBLIN --(Business Wire)--

Research and Markets (http://www.researchandmarkets.com/research/52zx9j/nonlife) has announced the addition of the "Non-Life Insurance in the UK, Key Trends and Opportunities to 2018" report to their offering.

The UK's non-life insurance segment was the second-largest in the country's insurance industry, accounting for 27.3% of the gross written premium in 2013. The UK's non-life segment was the fourth-largest in the world after the US, Japan and China in terms of gross written premium in 2012. The gross written premium of the non-life segment increased at a compound annual growth rate (CAGR) of 2.1% during the review period (2009-2013). The increase was partly due to country's infrastructure development, construction activities for the Olympic Games in 2012, rising car sales, and growing exports. Also, due to heavy flood losses in 2012 and 2013, companies recorded an increase in purchase of property insurance roducts that supported the growth of property insurance during the review period.



Key Highlights

  • The UK's non-life insurance segment was the second-largest in the country's insurance industry, accounting for 27.3% of the gross written premium in 2013.
  • Insurers' growth will be challenged by continuing floods and extreme weather conditions in the country, which is expected to increase claims over the forecast period (2013-2018).
  • In 2013, property insurance accounted for 39.8% of non-life insurance gross written premium.
  • Due to heavy flood losses in 2012, companies recorded an increase in purchase of property and environmental impairment liability insurance.
  • The segment is fragmented, with the 10 leading insurers accounting for 62.0% of the total segment's gross written premiums in 2012.

Key Topics Covered:


1 Executive Summary

2 Introduction

3 Regional Market Dynamics

4 Non-Life Insurance Segment - Regional Benchmarking

5 UK Insurance Industry Attractiveness

6 Non-Life Insurance Outlook

7 Analysis by Distribution Channels

8 Porter's Five Forces Analysis - UK Non-Life Insurance

9 Reinsurance Growth Dynamics and Challenges

10 Governance, Risk and Compliance

11 Competitive Landscape and Strategic Insights

12 Business Environment and Country Risk

Companies Mentioned

  • AIG Europe Ltd
  • Ageas (UK) Ltd
  • Allianz (UK) Ltd
  • Aviva Plc
  • Axa UK Plc
  • Bupa (British United Provident Association) Ltd
  • Direct Line Insurance Group Plc
  • Liverpool Victoria Insurance Company Ltd
  • RSA (News - Alert) Insurance Group Plc
  • Zurich Insurance Co. (UK) Ltd

For more information visit http://www.researchandmarkets.com/research/52zx9j/nonlife


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