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UK Commercial General Insurance 2003/4
Datamonitor, Nov 2003, Pages: 398
Introduction
A detailed analysis of the UK commercial general insurance market, including: motor, property, liability, accident and health and pecuniary loss. Market size, growth, profitability and forecasts are provided, along with analysis of the main competitors, their market shares and performance ratios.
Scope
Comprehensive guide to the UK commercial insurance market, including market sizing, market shares and ratio analysis
Analyses five commercial insurance lines: property, motor, accident and health, general liability and pecuniary loss
Interprets 1998-2002 data from the ABI and SynThesys Non-Life database to assess the key players in each insurance line
Provides forecasts to 2008 for each insurance line, indicating the future direction of the underwriting cycle
Report Highlights
The commercial insurance market swelled by 16.6 per cent in 2002 to reach a value of £19.2 billion, fuelled predominantly by rapid growth in the property and general liability sectors
The top ten commercial insurance competitors accounted for a smaller share of the total market than in 2001 as larger players pursued a strategy of exiting unprofitable lines and avoiding exposure to volatile risks
Datamonitor forecasts the general liability and pecuniary loss lines will be the key drivers of future growth, whereas market softening is anticipated from 2005 in commercial property and commercial motor
Reasons to Purchase
Identify your company’s market position in relation to competitors and accurately judge performance against the backdrop of hard market conditions
Understand the future direction of the commercial insurance market using Datamonitor’s exclusive forecasts to 2008
Access Datamonitor’s unique competitor data based on FSA returns and extensive company research
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