Non-Life Insurance in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: market size (value 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
Scope
Reasons to Buy
- The non-life insurance market consists of the general insurance market segmented into motor, property, liability and other insurance. The other segment is made up of non-life insurance products including health, travel, and accident cover among others. The value of the non-life insurance market is shown in terms of gross premium incomes. Gross premium income is defined as the insurer’s premium income for the year from its policies, calculated without reduction for reinsurance premiums paid or payable by the insurer. Any currency conversions used in the report have been calculated using constant 2019 annual average exchange rates.
- The UK non-life insurance market is expected to generate total gross written premiums of $90.6bn in 2020, representing a compound annual growth rate (CAGR) of 0.3% between 2016 and 2020.
- The motor segment is expected to be the market's most lucrative in 2020, with total gross written premiums of $32.7bn, equivalent to 36% of the market's overall value.
- High levels of household disposable income, alongside lower consumer confidence in 2020, will boost sales for non-life insurance products; however, low interest rates will keep profits low.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the non-life insurance market in the United Kingdom.
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the non-life insurance market in the United Kingdom.
- Leading company profiles reveal details of key non-life insurance market players’ global operations and financial performance.
- Add weight to presentations and pitches by understanding the future growth prospects of the United Kingdom non-life insurance market with five year forecasts.
Reasons to Buy
- What was the size of the United Kingdom non-life insurance market by value in 2020?
- What will be the size of the United Kingdom non-life insurance market in 2025?
- What factors are affecting the strength of competition in the United Kingdom non-life insurance market?
- How has the market performed over the last five years?
- What are the main segments that make up the United Kingdom's non-life insurance market?
Table of Contents
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AXA SA
- Aviva Plc
- Direct Line Insurance Group Plc
- RSA Insurance Group plc
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 46 |
| Published | November 2020 |
| Forecast Period | 2020 - 2025 |
| Estimated Market Value ( $ | $ 90.63 Billion |
| Forecasted Market Value ( $ | $ 103.38 Billion |
| Compound Annual Growth Rate | 2.6% |
| Regions Covered | United Kingdom |
