Direct Line (DIISY) 20.1600 $DIISY
Personal Accident and Health Insurance in the UK 2014-2018
M2 - Wed Jul 23, 8:13AM CDT
Research and Markets (http://www.researchandmarkets.com/research/c2xbkk/personal_accident) has announced the addition of the "Personal Accident and Health Insurance in the UK, Key Trends and Opportunities to 2018" report to their offering. The UK personal accident and health insurance segment registered as the fastest growing in the industry, with a review-period (2009-2013) compound annual growth rate (CAGR) of 3.8%, despite low individual investments and consumer confidence levels as a result of the financial and debt crisis. The segment accounted for 3.4% of the total gross written premiums in 2013. Growth was partly attributed to an increase in outbound travel, rising healthcare expenditure, economic improvements and perceived inadequacies in the government-funded universal healthcare scheme, and growing awareness of the benefits of personal accident and health insurance. These factors, coupled with the rise in per capita annual disposable income and the aging population, are expected to support the segment over the forecast period (2013-2018). As such, the segment's gross written premium is projected to increase at a forecast-period CAGR of 2.3%. Key Highlights - The UK's personal accident and health insurance segment registered as the fastest growing in the industry, with a review-period (2009-2013) compound annual growth rate (CAGR) of 3.8%. - The country has both a public health service - the NHS - as well as private health system. - As of 2012, the NHS provided services to 85% of the population, while private health providers accounted for the remaining 15%. - The increasing trend towards private health insurance was due to long waiting times and limited availability of specialists who accept NHS patients. - In terms of gross written premium, the personal accident category accounted for the second-largest share of the personal accident and health segment in 2013, with 24.7%. - The UK travel insurance category is slowly recovering after a bad phase during the global economic slowdown. Key Topics Covered: 1 Executive Summary 2 Introduction 3 Regional Market Dynamics 4 Personal Accident and Health Insurance Segment - Regional Benchmarking 5 UK Insurance Industry Attractiveness 6 Personal Accident and Health Insurance Outlook 7 Analysis by Distribution Channels 8 Porter's Five Forces Analysis - UK Personal Accident and Health Insurance 9 Reinsurance Growth Dynamics and Challenges 10 Governance, Risk and Compliance 11 Competitive Landscape and Strategic Insights 12 Business Environment and Country Risk 13 Appendix Companies Mentioned - AIG Europe Ltd - Aviva Plc - Axa UK Plc - Bupa (British United Provident Association) Ltd - Cigna Life Insurance Company of Europe - Direct Line Insurance Group Plc - Great Lakes Reinsurance (UK) Plc - Prudential Health - Simplyhealth Group Ltd - Western Provident Association Ltd For more information visit http://www.researchandmarkets.com/research/c2...l_accident
Non-Life Insurance in the UK - Key Trends and Opportunities to 2018
M2 - Wed Jul 23, 7:02AM CDT
Research and Markets (http://www.researchandmarkets.com/research/zqwznt/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 products 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 Insurance Group Plc - Zurich Insurance Co. (UK) Ltd For more information visit http://www.researchandmarkets.com/research/zqwznt/nonlife
United Kingdom Motor Insurance (Consumer) Market Report 2014-2018
M2 - Mon Jul 14, 9:30AM CDT
Research and Markets (http://www.researchandmarkets.com/research/rmmbhl/motor_insurance) has announced the addition of the "Motor Insurance (Consumer) Market Report 2014" report to their offering. This Market Report covers the UK market for motor insurance, focusing on the consumer market; motor insurance for commercial vehicles is discussed in a separate report examining the wider commercial insurance sector as a whole. This publication will analyse the size of the market in terms of net written premiums (divided into comprehensive, non-comprehensive and motorcycle insurance) for the 5-year period between 2009 and 2013, as well as discussing future projections of the market until 2018. This report will also examine net claims incurred. The recent trends in the number of vehicles (cars and motorcycles) on British roads increased by 2.9% between 2009 and 2013, while the number of full driving licences in issue increased by 0.7% between 2012 and 2013. This means that, in 2013, over three-quarters of the population of Great Britain aged 17 and over are in possession of a driving licence. With the number of cars and licences in issue increasing, and given that motor insurance is compulsory, it is clear to see why motor insurance forms the largest proportion of the UK's general insurance sector, as well as being its backbone. Consumer motor insurance consistently makes up the lion's share of net written premiums in the UK. However, despite a rising number of cars and drivers, the past 12 months have seen a significant downward correction in the cost of premiums, particularly comprehensive premiums. This is on the back of the continuing rapid growth of price comparison websites (PCWs). Between 2009 and 2013, net written premiums for consumer motor insurance in the UK increased by 1.2%. There were sharp increases in 2010 and 2011, with premiums reaching a 5-year high in the latter year, before significant downward correction in premiums in 2012 and 2013 on the back of changes to legislation and regulation, as well as the wider use of products such as telematics insurance. This report forecasts that net written premiums in this sector will fall to a 10-year low in 2014, as premiums continue their current downward trend. Thereafter, with underwriting profits being threatened,it is believed that the market will grow by 17.2% between 2014 and 2018. Key Topics Covered: - Foreword - Executive Summary - Market Definition - Industry Background - Competitor Analysis - Strengths, Weaknesses, Opportunities and Threats - Current Issues - The Global Market - Forecasts - Company Profiles - Admiral Group Plc - Ageas Insurance Ltd - Allianz Insurance Plc - Aviva Plc - Axa Insurance Uk Plc - Comparethemarket.Com - Confused.Com - Direct Line Insurance Group Plc - Esure Group Plc - Gocompare.Com Ltd - Liverpool Victoria Insurance Company Ltd - Moneysupermarket.Com Group Plc - National Farmers Union Mutual Insurance Society Ltd (The) - RSA Insurance Group Plc For more information visit http://www.researchandmarkets.com/research/rm..._insurance
UK Travel Insurance Market Report 2014-2018
M2 - Fri Jul 11, 5:10AM CDT
Research and Markets (http://www.researchandmarkets.com/research/gwbtr4/travel_insurance) has announced the addition of the "Travel Insurance Market Report 2014" report to their offering. This Market Report provides an overview of the market for travel insurance in the UK. Travel insurance is a voluntary type of general insurance sold to individuals or groups of individuals to insure against unexpected events which can occur while they are overseas. Generally, this involves claims for medical expenses, delayed departures and lost or stolen property. However, different travel insurers and different policies vary on the type of cover they provide. Profiles of a selection of some of the UK's largest insurers active in the provision of travel insurance are provided in this report. This report examines the market for travel insurance by analysing the travel trends of the UK's population, considering the number of overseas visits that take place each year and analysing the destinations of outbound UK travellers. The report also takes into account the demographics of the UK's population over the past 40 years and the way this has shifted, specifically relating to the age of the population and what this means for the travel insurance market. The market for travel insurance has seen considerable fluctuations over the past 5 years in terms of gross written premiums, with sharp declines noted in 2011 and 2012 alongside lower demand for travel during the economic downturn. Between 2009 and 2013, gross written premiums for travel insurance declined by 7.3% due to lower demand; however, growth of 7.7% was noted in 2013 on the back of improving outbound travel. In volume terms, the number of travel insurance policies written fell by 19.8% between 2009 and 2012, although an increase of 2.3% was noted in 2013. For the future, this publication forecasts that the value of the travel insurance market in the UK will increase by 11.6% between 2014 and 2018, as a resurgence in outbound travel occurs owing to the UK's improving economic fortunes. Much of this growth will be in the area of annual multi-trip policies, which will provide the engine for growth for the industry going forward. Key Topics Covered: - Foreword - Executive Summary - Market Definition - Market Size - Industry Background - Competitor Analysis - Strengths, Weaknesses, Opportunities and Threats - Buying Behaviour - Current Issues - The Global Market - Forecasts Company Profiles - AIG Europe Ltd - AXA Insurance UK PLC - Ageas Insurance Ltd - Aviva PLC - Cigna Insurance Services (Europe) Ltd - CompareTheMarket.com - Confused.com - Direct Line Insurance Group PLC - GoCompare.com Ltd - Liverpool Victoria Insurance Company Ltd - Mondial Assistance (UK) Ltd - MoneySupermarket.com Group PLC - RSA Insurance Group PLC - Saga Services Ltd - The British United Provident Association Ltd - The National Farmers Union Mut For more information visit http://www.researchandmarkets.com/research/gw..._insurance
Sale Agreements, Conference Schedules, Voting Rights, Performance Review, and Expansions - Analyst Notes on Reed Elsevier plc, Vesuvius plc, Witan Investment Trust, Direct Line and Electrocomponents
PR Newswire Europe - Wed Jun 11, 8:57AM CDT
LONDON, June 11, 2014 /PRNewswire/ --
Landlord Insurance in the UK - Key Trends and Opportunities to 2017 Research Report
M2 - Thu Feb 13, 3:05AM CST
Research and Markets (http://www.researchandmarkets.com/research/jjkwsc/landlord) has announced the addition of the "Landlord Insurance in the UK - Key Trends and Opportunities to 2017" report to their offering. The UK landlord insurance category is estimated to have generated GBP2.51 billion in gross written premiums in 2012, and accounted for 7.3% of the country's non-life insurance segment. Landlord policies cover the financial risks related to renting out a residential or commercial property, including damage to buildings or contents, loss of rent and public liability. Growth in the category was maintained during the recession and economic weakness during 2008-2011, as a sluggish housing market triggered an increase in properties occupied on a rental basis. This signaled the reversal of a post-war trend towards property ownership, with close to 35% of properties rented through private or social housing landlords in 2012. This marked a five percentage-point increase from 2000 alone. In addition to the subdued economic backdrop fueling a shift towards rented accommodation, it is also likely to have increased demand for landlord insurance due to greater risk aversion, a larger number of homeowners choosing to rent out property rather than sell at reduced prices, unemployment stoking a rise in the number of tenants in rent arrears, pessimistic businesses reducing their commitment to long commercial leases, and a rise in adverse weather-related incidents. Opportunities exist to develop the category during the forecast period. Insurer-led market surveys have found that customers are under-informed about the insurance cover required for landlords, with up to a quarter of residential landlords opting to purchase a standard home insurance policy. Switching policyholders to appropriate landlord insurance policies presents a large growth potential for premiums in the category. Looser credit conditions and an increase in buy-to-let lending suggest additional favorable forces. The outlook for the availability of flood insurance is clouded by uncertainty. Following the shift from the Statement of Principles to the industry and government Flood Re proposal, it has been confirmed that affordable flooding insurance will only be guaranteed for resident homeowners. Consequently, insurance premiums for landlords of both residential and commercial property are expected to face significant upside pressure over the forecast period. Industry associations estimate that the number of properties affected could be as high as 1 million. Scope - This report provides market analysis, information and insights into the UK landlord insurance business - It provides a snapshot of the market size - It analyzes drivers and the outlook for the market - It provides information on distribution channels - It covers deals, news and regulatory developments Key Topics Covered: Executive Summary Introduction Market Analysis Competitive Landscape Porter's Five Forces Analysis Deals News Regulation and Compliance Macroeconomic Backdrop Company Profiles Appendix List of Tables List of Figures Companies Mentioned - Allianz Insurance Plc - Aviva Plc - Axa UK Plc - Catlin Insurance Company (UK) Ltd - Direct Line Insurance Group Plc - Ecclesiastical Insurance Office Plc - FM Insurance Company Ltd - QBE Insurance (Europe) Ltd - Royal & Sun Alliance Insurance Plc - Zurich Insurance Plc For more information visit http://www.researchandmarkets.com/research/jjkwsc/landlord About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Household Insurance in the UK Report: Key Trends and Opportunities to 2017
M2 - Wed Jul 10, 6:33AM CDT
Research and Markets (http://www.researchandmarkets.com/research/3bhgr6/household) has announced the addition of the "Household Insurance in the UK, Key Trends and Opportunities to 2017" report to their offering. Gross written premiums in the household insurance category rose by 0.6% annually in 2012, slowing from the expansion recorded in 2011. Premium income totaled GBP5.26 billion in 2012 and grew at a CAGR of 3.24% between 2008 and 2012. The strength of the housing market is a primary driver of demand for household insurance. 2012 saw slower growth in mortgage lending and house prices, and a slump in private housing construction. The soft recovery in the UK housing market, coupled with the fragility in the wider economy, will remain a challenge for the household insurance category. A strong rebound in economic growth is not expected to materialize until 2014, but as this recovery gains traction, growth rates in premiums will also pick up. Claims paid by household insurers jumped by 11.3% in 2012, in li
Direct Line Group to make 2,000 staff redundant in cost cutting measures
M2 - Wed Jun 26, 5:10AM CDT
UK retail general insurer Direct Line Insurance Group plc announced today that it intends to continue its business transformation plan and improve its operational efficiency, with further initiatives that include cutting staff numbers by 2,000.
Private Motor Insurance in the UK, Key Trends and Opportunities to 2016
M2 - Thu Jun 20, 9:52AM CDT
Research and Markets (http://www.researchandmarkets.com/research/c4srnf/private_motor) has announced the addition of the "Private Motor Insurance in the UK, Key Trends and Opportunities to 2016" report to their offering. Gross written premiums in the UK's private motor insurance category rose by 6.7% in 2011, slowing from the expansion recorded in 2010. The market is dominated by comprehensive policies, with some insurers having axed third-party, non-comprehensive policies in the past few years. Private motor insurance gross written premiums represent 0.9% of the country's GDP, in line with the European average. Motor insurance density in the UK is higher than in its European counterparts, and has followed a clear upward trend. Factors driving growth in the category include mandatory motor third-party liability insurance, rising disposable incomes and a steady increase in private car registrations. The difficult macroeconomic environment is a challenge. A strong return to growth is not expected until 2014
Personal Accident and Health Insurance in the UK 2014-2018
M2 - Wed Jul 23, 8:13AM CDT
Research and Markets (http://www.researchandmarkets.com/research/c2xbkk/personal_accident) has announced the addition of the "Personal Accident and Health Insurance in the UK, Key Trends and Opportunities to 2018" report to their offering. The UK personal accident and health insurance segment registered as the fastest growing in the industry, with a review-period (2009-2013) compound annual growth rate (CAGR) of 3.8%, despite low individual investments and consumer confidence levels as a result of the financial and debt crisis. The segment accounted for 3.4% of the total gross written premiums in 2013. Growth was partly attributed to an increase in outbound travel, rising healthcare expenditure, economic improvements and perceived inadequacies in the government-funded universal healthcare scheme, and growing awareness of the benefits of personal accident and health insurance. These factors, coupled with the rise in per capita annual disposable income and the aging population, are expected to support the segment over the forecast period (2013-2018). As such, the segment's gross written premium is projected to increase at a forecast-period CAGR of 2.3%. Key Highlights - The UK's personal accident and health insurance segment registered as the fastest growing in the industry, with a review-period (2009-2013) compound annual growth rate (CAGR) of 3.8%. - The country has both a public health service - the NHS - as well as private health system. - As of 2012, the NHS provided services to 85% of the population, while private health providers accounted for the remaining 15%. - The increasing trend towards private health insurance was due to long waiting times and limited availability of specialists who accept NHS patients. - In terms of gross written premium, the personal accident category accounted for the second-largest share of the personal accident and health segment in 2013, with 24.7%. - The UK travel insurance category is slowly recovering after a bad phase during the global economic slowdown. Key Topics Covered: 1 Executive Summary 2 Introduction 3 Regional Market Dynamics 4 Personal Accident and Health Insurance Segment - Regional Benchmarking 5 UK Insurance Industry Attractiveness 6 Personal Accident and Health Insurance Outlook 7 Analysis by Distribution Channels 8 Porter's Five Forces Analysis - UK Personal Accident and Health Insurance 9 Reinsurance Growth Dynamics and Challenges 10 Governance, Risk and Compliance 11 Competitive Landscape and Strategic Insights 12 Business Environment and Country Risk 13 Appendix Companies Mentioned - AIG Europe Ltd - Aviva Plc - Axa UK Plc - Bupa (British United Provident Association) Ltd - Cigna Life Insurance Company of Europe - Direct Line Insurance Group Plc - Great Lakes Reinsurance (UK) Plc - Prudential Health - Simplyhealth Group Ltd - Western Provident Association Ltd For more information visit http://www.researchandmarkets.com/research/c2...l_accident
Non-Life Insurance in the UK - Key Trends and Opportunities to 2018
M2 - Wed Jul 23, 7:02AM CDT
Research and Markets (http://www.researchandmarkets.com/research/zqwznt/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 products 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 Insurance Group Plc - Zurich Insurance Co. (UK) Ltd For more information visit http://www.researchandmarkets.com/research/zqwznt/nonlife
United Kingdom Motor Insurance (Consumer) Market Report 2014-2018
M2 - Mon Jul 14, 9:30AM CDT
Research and Markets (http://www.researchandmarkets.com/research/rmmbhl/motor_insurance) has announced the addition of the "Motor Insurance (Consumer) Market Report 2014" report to their offering. This Market Report covers the UK market for motor insurance, focusing on the consumer market; motor insurance for commercial vehicles is discussed in a separate report examining the wider commercial insurance sector as a whole. This publication will analyse the size of the market in terms of net written premiums (divided into comprehensive, non-comprehensive and motorcycle insurance) for the 5-year period between 2009 and 2013, as well as discussing future projections of the market until 2018. This report will also examine net claims incurred. The recent trends in the number of vehicles (cars and motorcycles) on British roads increased by 2.9% between 2009 and 2013, while the number of full driving licences in issue increased by 0.7% between 2012 and 2013. This means that, in 2013, over three-quarters of the population of Great Britain aged 17 and over are in possession of a driving licence. With the number of cars and licences in issue increasing, and given that motor insurance is compulsory, it is clear to see why motor insurance forms the largest proportion of the UK's general insurance sector, as well as being its backbone. Consumer motor insurance consistently makes up the lion's share of net written premiums in the UK. However, despite a rising number of cars and drivers, the past 12 months have seen a significant downward correction in the cost of premiums, particularly comprehensive premiums. This is on the back of the continuing rapid growth of price comparison websites (PCWs). Between 2009 and 2013, net written premiums for consumer motor insurance in the UK increased by 1.2%. There were sharp increases in 2010 and 2011, with premiums reaching a 5-year high in the latter year, before significant downward correction in premiums in 2012 and 2013 on the back of changes to legislation and regulation, as well as the wider use of products such as telematics insurance. This report forecasts that net written premiums in this sector will fall to a 10-year low in 2014, as premiums continue their current downward trend. Thereafter, with underwriting profits being threatened,it is believed that the market will grow by 17.2% between 2014 and 2018. Key Topics Covered: - Foreword - Executive Summary - Market Definition - Industry Background - Competitor Analysis - Strengths, Weaknesses, Opportunities and Threats - Current Issues - The Global Market - Forecasts - Company Profiles - Admiral Group Plc - Ageas Insurance Ltd - Allianz Insurance Plc - Aviva Plc - Axa Insurance Uk Plc - Comparethemarket.Com - Confused.Com - Direct Line Insurance Group Plc - Esure Group Plc - Gocompare.Com Ltd - Liverpool Victoria Insurance Company Ltd - Moneysupermarket.Com Group Plc - National Farmers Union Mutual Insurance Society Ltd (The) - RSA Insurance Group Plc For more information visit http://www.researchandmarkets.com/research/rm..._insurance
UK Travel Insurance Market Report 2014-2018
M2 - Fri Jul 11, 5:10AM CDT
Research and Markets (http://www.researchandmarkets.com/research/gwbtr4/travel_insurance) has announced the addition of the "Travel Insurance Market Report 2014" report to their offering. This Market Report provides an overview of the market for travel insurance in the UK. Travel insurance is a voluntary type of general insurance sold to individuals or groups of individuals to insure against unexpected events which can occur while they are overseas. Generally, this involves claims for medical expenses, delayed departures and lost or stolen property. However, different travel insurers and different policies vary on the type of cover they provide. Profiles of a selection of some of the UK's largest insurers active in the provision of travel insurance are provided in this report. This report examines the market for travel insurance by analysing the travel trends of the UK's population, considering the number of overseas visits that take place each year and analysing the destinations of outbound UK travellers. The report also takes into account the demographics of the UK's population over the past 40 years and the way this has shifted, specifically relating to the age of the population and what this means for the travel insurance market. The market for travel insurance has seen considerable fluctuations over the past 5 years in terms of gross written premiums, with sharp declines noted in 2011 and 2012 alongside lower demand for travel during the economic downturn. Between 2009 and 2013, gross written premiums for travel insurance declined by 7.3% due to lower demand; however, growth of 7.7% was noted in 2013 on the back of improving outbound travel. In volume terms, the number of travel insurance policies written fell by 19.8% between 2009 and 2012, although an increase of 2.3% was noted in 2013. For the future, this publication forecasts that the value of the travel insurance market in the UK will increase by 11.6% between 2014 and 2018, as a resurgence in outbound travel occurs owing to the UK's improving economic fortunes. Much of this growth will be in the area of annual multi-trip policies, which will provide the engine for growth for the industry going forward. Key Topics Covered: - Foreword - Executive Summary - Market Definition - Market Size - Industry Background - Competitor Analysis - Strengths, Weaknesses, Opportunities and Threats - Buying Behaviour - Current Issues - The Global Market - Forecasts Company Profiles - AIG Europe Ltd - AXA Insurance UK PLC - Ageas Insurance Ltd - Aviva PLC - Cigna Insurance Services (Europe) Ltd - CompareTheMarket.com - Confused.com - Direct Line Insurance Group PLC - GoCompare.com Ltd - Liverpool Victoria Insurance Company Ltd - Mondial Assistance (UK) Ltd - MoneySupermarket.com Group PLC - RSA Insurance Group PLC - Saga Services Ltd - The British United Provident Association Ltd - The National Farmers Union Mut For more information visit http://www.researchandmarkets.com/research/gw..._insurance
Sale Agreements, Conference Schedules, Voting Rights, Performance Review, and Expansions - Analyst Notes on Reed Elsevier plc, Vesuvius plc, Witan Investment Trust, Direct Line and Electrocomponents
PR Newswire Europe - Wed Jun 11, 8:57AM CDT
LONDON, June 11, 2014 /PRNewswire/ --
Landlord Insurance in the UK - Key Trends and Opportunities to 2017 Research Report
M2 - Thu Feb 13, 3:05AM CST
Research and Markets (http://www.researchandmarkets.com/research/jjkwsc/landlord) has announced the addition of the "Landlord Insurance in the UK - Key Trends and Opportunities to 2017" report to their offering. The UK landlord insurance category is estimated to have generated GBP2.51 billion in gross written premiums in 2012, and accounted for 7.3% of the country's non-life insurance segment. Landlord policies cover the financial risks related to renting out a residential or commercial property, including damage to buildings or contents, loss of rent and public liability. Growth in the category was maintained during the recession and economic weakness during 2008-2011, as a sluggish housing market triggered an increase in properties occupied on a rental basis. This signaled the reversal of a post-war trend towards property ownership, with close to 35% of properties rented through private or social housing landlords in 2012. This marked a five percentage-point increase from 2000 alone. In addition to the subdued economic backdrop fueling a shift towards rented accommodation, it is also likely to have increased demand for landlord insurance due to greater risk aversion, a larger number of homeowners choosing to rent out property rather than sell at reduced prices, unemployment stoking a rise in the number of tenants in rent arrears, pessimistic businesses reducing their commitment to long commercial leases, and a rise in adverse weather-related incidents. Opportunities exist to develop the category during the forecast period. Insurer-led market surveys have found that customers are under-informed about the insurance cover required for landlords, with up to a quarter of residential landlords opting to purchase a standard home insurance policy. Switching policyholders to appropriate landlord insurance policies presents a large growth potential for premiums in the category. Looser credit conditions and an increase in buy-to-let lending suggest additional favorable forces. The outlook for the availability of flood insurance is clouded by uncertainty. Following the shift from the Statement of Principles to the industry and government Flood Re proposal, it has been confirmed that affordable flooding insurance will only be guaranteed for resident homeowners. Consequently, insurance premiums for landlords of both residential and commercial property are expected to face significant upside pressure over the forecast period. Industry associations estimate that the number of properties affected could be as high as 1 million. Scope - This report provides market analysis, information and insights into the UK landlord insurance business - It provides a snapshot of the market size - It analyzes drivers and the outlook for the market - It provides information on distribution channels - It covers deals, news and regulatory developments Key Topics Covered: Executive Summary Introduction Market Analysis Competitive Landscape Porter's Five Forces Analysis Deals News Regulation and Compliance Macroeconomic Backdrop Company Profiles Appendix List of Tables List of Figures Companies Mentioned - Allianz Insurance Plc - Aviva Plc - Axa UK Plc - Catlin Insurance Company (UK) Ltd - Direct Line Insurance Group Plc - Ecclesiastical Insurance Office Plc - FM Insurance Company Ltd - QBE Insurance (Europe) Ltd - Royal & Sun Alliance Insurance Plc - Zurich Insurance Plc For more information visit http://www.researchandmarkets.com/research/jjkwsc/landlord About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Household Insurance in the UK Report: Key Trends and Opportunities to 2017
M2 - Wed Jul 10, 6:33AM CDT
Research and Markets (http://www.researchandmarkets.com/research/3bhgr6/household) has announced the addition of the "Household Insurance in the UK, Key Trends and Opportunities to 2017" report to their offering. Gross written premiums in the household insurance category rose by 0.6% annually in 2012, slowing from the expansion recorded in 2011. Premium income totaled GBP5.26 billion in 2012 and grew at a CAGR of 3.24% between 2008 and 2012. The strength of the housing market is a primary driver of demand for household insurance. 2012 saw slower growth in mortgage lending and house prices, and a slump in private housing construction. The soft recovery in the UK housing market, coupled with the fragility in the wider economy, will remain a challenge for the household insurance category. A strong rebound in economic growth is not expected to materialize until 2014, but as this recovery gains traction, growth rates in premiums will also pick up. Claims paid by household insurers jumped by 11.3% in 2012, in li
Direct Line Group to make 2,000 staff redundant in cost cutting measures
M2 - Wed Jun 26, 5:10AM CDT
UK retail general insurer Direct Line Insurance Group plc announced today that it intends to continue its business transformation plan and improve its operational efficiency, with further initiatives that include cutting staff numbers by 2,000.
Private Motor Insurance in the UK, Key Trends and Opportunities to 2016
M2 - Thu Jun 20, 9:52AM CDT
Research and Markets (http://www.researchandmarkets.com/research/c4srnf/private_motor) has announced the addition of the "Private Motor Insurance in the UK, Key Trends and Opportunities to 2016" report to their offering. Gross written premiums in the UK's private motor insurance category rose by 6.7% in 2011, slowing from the expansion recorded in 2010. The market is dominated by comprehensive policies, with some insurers having axed third-party, non-comprehensive policies in the past few years. Private motor insurance gross written premiums represent 0.9% of the country's GDP, in line with the European average. Motor insurance density in the UK is higher than in its European counterparts, and has followed a clear upward trend. Factors driving growth in the category include mandatory motor third-party liability insurance, rising disposable incomes and a steady increase in private car registrations. The difficult macroeconomic environment is a challenge. A strong return to growth is not expected until 2014
