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UK Commercial Liability Insurance 2006
Datamonitor, April 2006, Pages: 133
An overview of three key UK liability markets: employers liability, professional indemnity and directors & officers
Scope of this title:
- Analysis of competitive issues within three key markets, supported by interviews with industry executives and data from a range of secondary sources
- Sizes the employers liability, professional indemnity and directors and officers sectors, providing competitors GEP, market share and claims ratios data
- Forecasts GWP growth up to and including 2010, based on our in-house expertise and interviews with senior industry executives
Highlights of this title:
Most new entrants have ambitious premium income targets in order to cover their initial expense bases and will therefore write for top line growth in their first years. Having no established expertise in the market, pricing aggressively is the main competitive tool available to new entrants
It isbelieved that there are risk types within professional indemnity that are simple enough to be suited to direct selling, and it is therefore likely that some insurers will include professional indemnity insurance in their general push towards selling simpler commercial insurance policies direct
Given that the price hikes seen between 2001 and 2003 were deemed necessary for the profitability of the employers liability sector, and given that the sector had still not returned a positive underwriting result when the price increases came to a halt in 2004, the softening of rates in 2005 is clearly not sustainable
Reasons to order your copy:
- Benchmark your performance against your competitors
- Understand the current competitive environment of the liability market in 2005 and its likely development in the next couple of years
- Develop your business strategy with confidence using our exclusive sector forecasts
Customers who bought this item also bought
UK Employers Liability Insurance 2007
UK Employers' Liability Insurance 2008
UK Employers' Liability Insurance 2009
UK Professional Indemnity Insurance 2008
UK Professional Indemnity Insurance 2007
UK Commercial Liability Insurance 2004
UK Commercial Liability Insurance 2005
UK Commercial Liability Insurance 2003
UK Directors and Officers Insurance 2007
Claims Management in UK General Insurance 2007
Claims Management in UK General Insurance 2006
Performance Ratio Benchmarking in UK Liability Insurance 2007
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