Lafferty Cards and Consumer Finance in the United Kingdom 2009
- Published: July 2009
The UK is both a very large domestic market and also a key player in the world insurance market, especially via Lloyds. In non-life, the UK is the worlds third-largest market, behind only the US and Germany. It is also the second-largest life market behind the US.
As virtually every company report for the year states, 2008 was an exceptional period. The non-life insurers (AIG and Swiss Re excepted) came through virtually unscathed. Slightly harder market conditions and, in the UK at least, a benign claims year free of major catastrophe losses saw improvements in combined ratios for nearly all the players. Net incomes were generally down as a reflection of falls in the value of investments. Many of these losses are unrealised and are being recovered as the markets rebound and this is reflected in the H109 and Q309 reports being published. Life insurers on the other hand have been hit hard by the conditions. Asset values have fallen and new fund inflows have dropped away, dramatically in some cases. Most are at least reporting improved conditions in their interim 2009 reports and some cautious optimism for the future.
Over the course of 2008, actual/estimated total premiums
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The Sector At A Glance
Table: The UK’s Insurance Sector At A Glance
Key Insights On The UK Insurance Sector
Key Features Of This Report
SWOT Analysis
United Kingdom Insurance Industry SWOT
United Kingdom Political SWOT
United Kingdom Economic SWOT
Global Outlook
Latest News
Projections And Forecasts
Table: Insurance Premiums, 2006-2014
Projections And Drivers Of Growth
Table: Growth Drivers, 2005 – 2014
Country Update
Macroeconomic Outlook
Table: United Kingdom – Contribution To GDP Growth By Segment, 2006-2013
Political Outlook
Insurance Business Environment Rating
Table: UK Insurance Business Environment Indicators
Table: Developed Countries’ Insurance Business Environment Ratings
Regional Context
Table: Non-life Premiums In A Regional Context, 2008
Table: Life Premiums In A Regional Context, 2008
Analysis Of Competitive Conditions
Table: Total Net Written Non-Life Premiums, 2006 And 2007 (GBPmn)
Table: Total Net Written Life Premiums, 2006 And 2005 (GBPmn)
Company Profiles
Aviva plc
Table: Key Financial Highlights, Nine Months To End Of September (GBPmn)
Table: Key Financial Indicators, June 30 And September 30 2009 (GBP)
Table: Sales, Nine Months To September 30, GBPmn (PVNBP basis)
Bupa
Table: Global Financial Highlights, H109 (GBP)
Table: Asia Pacific Financial Highlights, H108 And H109 (GBPmn)
Table: UK And US Financial Highlights, H108 And H109 (GBPmn)
Friends Provident Group plc
Table: Financial Highlights, 2008 And 2009 (GBPmn)
Table: Financial Highlights, Nine Months To September 30 2008 And 2009 (GBPmn)
HSBC Bank plc
Table: Net Earned Premiums, 2007 And 2008 (GBPmn)
Table: Financial Highlights, 2007 And 2008 (GBPmn)
Lloyds Banking Group Insurance
Table: Key Financial Highlights, Half Year To June 30 2008 And 2009 (GBPmn)
Table: Key UK Financial Highlights, Half Year To June 30 2008 And 2009 (GBPmn)
Legal & General Group plc
Table: Unaudited New Business Premiums, Nine months To September 30 2009 (GBPmn)
Table: Summary Income Statement, H108 And H109 (GBPmn)
Table: Risk Business, FY08 And H109 (GBPmn)
Table: Combined Income Statement, Full-Year 2008 (GBPmn)
Prudential plc
Table: Sales And Inflows On An APE Basis, January-September 2009 (GBP)
Table: Sales On An APE Basis, January-September 2009 (GBP)
RBS Insurance
Table: Key Figures, Nine Months To September 30 2008 And 2009 (GBPmn)
Table: Key Operating Ratios, September 30 2008 And 2009
RSA plc
Table: Key Financial Highlights, 2008 And 2009 (GBPmn)
Table: Net Written Premiums, January-September 2008 And 2009 (GBPmn)
Standard Life
Country Snapshot: UK Demographic Data
Section 1: Population
Table: Demographic Indicators, 2005-2030
Table: Rural/Urban Breakdown, 2005-2030
Section 2: Education And Healthcare
Table: Education, 2002-2005
Table: Vital Statistics, 2005-2030
Section 3: Labour Market And Spending Power
Table: Employment Indicators, 2000-2005
Table: Consumer Expenditure, 2000-2011 (US$)
Table: Average Annual Wages, 2000-2012
Methodology
Insurance Business Environment Ratings
Table: Insurance Business Environment Indicators And Rationale
Table: Weighting Of Indicators
- Aviva plc
- Bupa
- Friends Provident Group plc
- HSBC Bank plc
- Legal & General Group plc
- Prudential plc
- RBS Insurance
- RSA plc
- Standard Life
| Format | Properties | |
|---|---|---|
| Electronic (PDF) | The report will be emailed to you. The report is sent in PDF format. | This is a single user license, allowing one specific user access to the product. |