The personal insurance market in the UK exhibited slower increases in 2002, due to slower premium rate growth
Research and Markets have announced the addition of the ‘UK Personal General Insurance 2003/4’ report to their offering.
(PRWEB) December 10, 2003
An overview of the UK personal general insurance market, including motor, household and accident and health. Market size, growth, profitability and forecasts are provided along with analysis of the main competitors, their market shares and performance ratios.
Scope
Comprehensive guide to the personal insurance market, including market sizing, market shares and ratio analysis
Analyses three personal insurance lines: property, motor, accident and health.
Provides forecasts to 2008 for each insurance line, indicating the future direction of the underwriting cycle
Report Highlights
The personal insurance market exhibited slower increases in 2002, due to slower premium rate growth. Growth in the private motor market was especially slow following significant market hardening in 2001.
Utilities, retailers and affinity groupsÂ’ share of personal insurance distribution grew by 7 per cent and banks and building societiesÂ’ share grew by 2 per cent.
The total personal insurance market is forecast to be worth £20.7 billion by 2008. The private motor is forecast to show much slower growth in the next five years. The household insurance market is forecast to decline in 2004 and 2005, partly because of new entrants and traditional insurers chasing bank and building society business.
This report is designed to:
Identify your companyÂ’s market position in relation to competitorsÂ’ premium income, market share and performance ratios.
Understand the future direction of the personal insurance market using DatamonitorÂ’s exclusive forecasts to 2008
Access DatamonitorÂ’s unique competitor data based on FSA returns and extensive company research
For a complete index of this report click on http://www. researchandmarkets. com/reports/41507 (http://www. researchandmarkets. com/reports/41507)
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