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Performance Ratio Benchmarking: Liability 2011
Datamonitor, Jan 2012, Pages: 10
This brief analyzes the loss, expense and combined ratios of the UK liability insurance market at an industry level as well as the performance ratios for the top 10 liability insurers.
Scope:
- Gain insight into the reasons for different cost structures held by insurers. - Benchmark your performance ratios against those of major competitors. - Identify which liability insurers became more or less profitable in 2010.
Highlights:
- The COR in the liability insurance market was above 100% in 2010. - The average COR among the top 10 insurers was 109.8% in 2010. - NFU Mutual's loss ratio rose above 100%.
Reasons to buy:
- Which of your market’s top 10 insurers performed best in 2010? - How has the market as a whole fared on expense and loss ratios in 2010? - How do your performance ratios compare to the market average and the top 10 insurers?
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