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Claims Management in UK General Insurance 2006
Datamonitor, Feb 2007, Pages: 121
An overview of claims costs and claims management costs across motor, property and liability insurance
Scope of this title:
Extensive claims costs and underwriting data for the motor, property and liability markets
Claims management cost efficiency data for major competitors in the motor, property and liability markets
Forecasts of net claims incurred for the motor, property and liability markets until 2011
Highlights of this title:
Total claims handling efficiency declined in 2005. The ratio of claims management costs to net claims incurred increased by 0.1 percentage point, to 5.6 per cent. This was driven by a rise in ratios in the motor and liability insurance markets. The number of claims made against the total motor insurance market fell by 3.4 percentage points in 2005, which indicates that efforts by car manufacturers, motoring organizations and the Government to improve road safety are having some effect. Norwich Union, Zurich FS and AXA all recorded ratios of property claims management costs to net property claims incurred that were below the market average of 6.4 per cent in 2005.
Reasons to order your copy:
- Understand the key trends in motor, property and liability insurance claims costs
- Benchmark your claims handling efficiency against your competitors
- View forecasts for future motor, property and liability claims costs
Customers who bought this item also bought
Claims Management in UK General Insurance 2007
UK Property Insurance Claims 2007
Claims Management in UK General Insurance 2009
Claims Management in UK General Insurance 2005
UK Employers Liability Insurance 2007
Issues in UK Claims Management 2007
UK Employers' Liability Insurance 2008
Claims Management in UK General Insurance 2003/4
UK Commercial Liability Insurance 2005
UK Employers' Liability Insurance 2009
Claims Management in UK General Insurance 2001
UK Commercial Motor Insurance 2006
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