Non-Life Insurance in the UK, Key Trends and Opportunities to 2020

NEW YORK, June 29, 2017 /PRNewswire/ -- Synopsis
Timetric's 'Non-Life Insurance in the UK, Key Trends and Opportunities to 2020' report provides a detailed outlook by product category for the UK non-life insurance segment, and a comparison of the UK insurance industry with its regional counterparts.

Read the full report: http://www.reportlinker.com/p0867534/Non-Life-Insurance-in-the-UK-Key-Trends-and-Opportunities-to.html

It provides values for key performance indicators such as written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, total assets, total investment income and retentions during the review period (2011–2015) and forecast period (2015–2020).

The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of the UK economy and demographics, explains the various types of natural hazard and their impact on the UK insurance industry, and provides detailed information on the competitive landscape in the country.

The report brings together Timetric's research, modeling and analysis expertise, giving insurers access to information on segment dynamics and competitive advantages, and profiles of insurers operating in the country. The report also includes details of insurance regulations, and recent changes in the regulatory structure.

Summary
Timetric's 'Non-Life Insurance in the UK, Key Trends and Opportunities to 2020' report provides in-depth market analysis, information and insights into the UK non-life insurance segment, including:

- The UK non-life segment's detailed outlook by product category

- A comprehensive overview of the UK economy and demographics

- A comparison of the UK non-life insurance segment with its regional counterparts

- The various distribution channels in the UK non-life insurance segment

- Detailed analysis of natural hazards and their impact on the UK insurance industry

- Details of the competitive landscape in the non-life insurance segment in the UK

- Details of regulatory policy applicable to the UK insurance industry

Scope
This report provides a comprehensive analysis of the non-life insurance segment in the UK:

- It provides historical values for the UK non-life insurance segment for the report's 2011–2015 review period, and projected figures for the 2015–2020 forecast period.

- It offers a detailed analysis of the key categories in the UK non-life insurance segment, and market forecasts to 2020.

- It provides a comparison of the UK non-life insurance segment with its regional counterparts

- It analyzes the various distribution channels for non-life insurance products in the UK.

- It analyzes various natural and man-made hazards and their impact on the UK insurance industry

- It profiles the top non-life insurance companies in the UK, and outlines the key regulations affecting them.

Reasons To Buy
- Make strategic business decisions using in-depth historic and forecast market data related to the UK non-life insurance segment, and each category within it.

- Understand the demand-side dynamics, key market trends and growth opportunities in the UK non-life insurance segment.

- Assess the competitive dynamics in the non-life insurance segment.

- Identify growth opportunities and market dynamics in key product categories.

- Gain insights into key regulations governing the UK insurance industry, and their impact on companies and the industry's future.

Key Highlights
- On June 1, 2017, the insurance premium tax (IPT) on motor, pet insurance, contents insurance, mobile, buildings and private medical insurance was raised from 10.0% to 12.0%.

- On February 27, 2017, the UK's Ministry of Justice announced that the Ogden (discount) rate will be reduced from 2.5% to -0.75%, effective from March 20, 2017. The rate is used to calculate the final compensation amount for personal injury claims.

- Property insurance was the segment's largest category during the review period.

- By 2020, fully automated driverless cars are expected to become a reality on UK roads.

Read the full report: http://www.reportlinker.com/p0867534/Non-Life-Insurance-in-the-UK-Key-Trends-and-Opportunities-to.html

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