Performance Ratio Benchmarking in UK Motor Insurance 2009

Dublin - Research and Markets

(http://www.researchandmarkets.com/research/367927/performance_ratio) has announced the addition of the "Performance Ratio Benchmarking in UK Motor Insurance 2009" report to their offering.

This brief analyzes the loss, expense and combined ratios of the UK private and commercial motor markets at an industry level as well as the performance ratios for the top 10 private and commercial motor insurers respectively. The expense ratio is examined and broken down by its component parts: commission, administrative and other acquisition expenses.

Scope

- Key performance measures for the top 10 UK private and commercial motor insurers in 2008.

- Insight into the underwriting profitability of the top 10 UK private and commercial motor insurers.

Highlights of this title

The average fee charged by an aggregator for a motor sale has increased over the last 12 months as has aggregators' share of new business sales. These two factors will place an upward pressure on commission ratios.

It is notable that the commission ratio has been increasing since 2006, from 8.6% to 11.2% in 2008 which is due to the soft market conditions.

Key reasons to purchase this title

- Gain insight into the reasons for different cost structures held by insurers.

- Benchmark your performance ratios against those of major competitors.

- Identify which motor insurers became more or less profitable in 2008.

Key Topics Covered:

- CATALYST

- SUMMARY

- UK PRIVATE MOTOR PERFORMANCE RATIOS ANALYSIS

- Aggregators are pushing up commissions

- Aggregators are driving up commission costs

- The market leader RBS possesses one of the lowest commission expense ratios

- Liverpool Victoria is running a high COR as it builds out the business

- UK COMMERCIAL MOTOR PERFORMANCE RATIOS ANALYSIS

- Softening market condition drove up UK commercial motor market's commission ratio

- Fees paid to brokers are pushing up commission ratio

- Aviva incurred a high expense ratio in 2008

- APPENDIX

- Definitions

- Acquisition cost

- Administrative expenses

- Reported year combined ratio

- Reserve development

- Further reading

- Ask the analyst

- Datamonitor consulting

- Disclaimer

- List of Tables

- Table

For more information visit http://www.researchandmarkets.com/research/367927/performance_ratio

Source: Datamonitor

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