Non-Life Insurance in the United Kingdom

Market: Non-Life Insurance

United Kingdom, 42 pages report, published by MarketLine

Keywords : Non-Life Insurance, United Kingdom, MarketLine

Report ThumbnailDecember-2016
Summary
Non-Life Insurance in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2011-15, and forecast to 2020). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Findings
- 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

Synopsis
Essential resource for top-line data and analysis covering the United Kingdom non-life insurance market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

Reasons To Buy
- What was the size of the United Kingdom non-life insurance market by value in 2015?
- What will be the size of the United Kingdom non-life insurance market in 2020?
- 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?
- Who are the top competitors in the United Kingdom's non-life insurance market?

Key Highlights
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 2015 annual average exchange rates.

The UK non-life insurance market had total gross written premiums of $109.2bn in 2015, representing a compound annual growth rate (CAGR) of 2.4% between 2011 and 2015.

The motor segment was the market's most lucrative in 2015, with total gross written premiums of $37.6bn, equivalent to 34.4% of the market's overall value.

IPT in the UK increased from 6% in 2014 to 9.5% in 2015 and has subsequently increased a further 0.5% (to 10%) in 2016. IPT is added onto insurance quotes automatically causing an increase in premiums.
  • Figure 1: United Kingdom non-life insurance market value: $ billion, 2011–15
  • Figure 2: United Kingdom non–life insurance market category segmentation: % share, by value, 2015
  • Figure 3: United Kingdom non–life insurance market geography segmentation: % share, by value, 2015
  • Figure 4: United Kingdom non-life insurance market share: % share, by value, 2015
  • Figure 5: United Kingdom non-life insurance market value forecast: $ billion, 2015–20
  • Figure 6: Forces driving competition in the non-life insurance market in the United Kingdom, 2015
  • Figure 7: Drivers of buyer power in the non-life insurance market in the United Kingdom, 2015
  • Figure 8: Drivers of supplier power in the non-life insurance market in the United Kingdom, 2015
  • Figure 9: Factors influencing the likelihood of new entrants in the non-life insurance market in the United Kingdom, 2015
  • Figure 10: Factors influencing the threat of substitutes in the non-life insurance market in the United Kingdom, 2015
  • Figure 11: Drivers of degree of rivalry in the non-life insurance market in the United Kingdom, 2015
  • Figure 12: Aviva plc: revenues & profitability
  • Figure 13: Aviva plc: assets & liabilities
  • Figure 14: AXA
  • Figure 15: AXA
  • Figure 16: Direct Line Insurance Group Plc: revenues & profitability
  • Figure 17: Direct Line Insurance Group Plc: assets & liabilities
  • Figure 18: RSA Insurance Group plc: revenues & profitability
  • Figure 19: RSA Insurance Group plc: assets & liabilities
  • Table 1: United Kingdom non-life insurance market value: $ billion, 2011–15
  • Table 2: United Kingdom non–life insurance market category segmentation: $ billion, 2015
  • Table 3: United Kingdom non–life insurance market geography segmentation: $ billion, 2015
  • Table 4: United Kingdom non-life insurance market share: % share, by value, 2015
  • Table 5: United Kingdom non-life insurance market value forecast: $ billion, 2015–20
  • Table 6: Aviva plc: key facts
  • Table 7: Aviva plc: key financials ($)
  • Table 8: Aviva plc: key financials (£)
  • Table 9: Aviva plc: key financial ratios
  • Table 10: AXA
  • Table 11: AXA
  • Table 12: AXA
  • Table 13: AXA
  • Table 14: Direct Line Insurance Group Plc: key facts
  • Table 15: Direct Line Insurance Group Plc: key financials ($)
  • Table 16: Direct Line Insurance Group Plc: key financials (£)
  • Table 17: Direct Line Insurance Group Plc: key financial ratios
  • Table 18: RSA Insurance Group plc: key facts
  • Table 19: RSA Insurance Group plc: key financials ($)
  • Table 20: RSA Insurance Group plc: key financials (£)
  • Table 21: RSA Insurance Group plc: key financial ratios
  • Table 22: United Kingdom size of population (million), 2011–15
  • Table 23: United Kingdom gdp (constant 2005 prices, $ billion), 2011–15
  • Table 24: United Kingdom gdp (current prices, $ billion), 2011–15
  • Table 25: United Kingdom inflation, 2011–15
  • Table 26: United Kingdom consumer price index (absolute), 2011–15
  • Table 27: United Kingdom exchange rate, 2011–15
  • Executive Summary
  • Market value
  • Market value forecast
  • Category segmentation
  • Geography segmentation
  • Market share
  • Market rivalry
  • Market Overview
  • Market definition
  • Market analysis
  • Market Data
  • Market value
  • Market Segmentation
  • Category segmentation
  • Geography segmentation
  • Market share
  • Market Outlook
  • Market value forecast
  • Five Forces Analysis
  • Summary
  • Buyer power
  • Supplier power
  • New entrants
  • Threat of substitutes
  • Degree of rivalry
  • Leading Companies
  • Aviva plc
  • AXA
  • Direct Line Insurance Group Plc
  • RSA Insurance Group plc
  • Macroeconomic Indicators
  • Country data
  • Methodology
  • Industry associations
  • Related MarketLine research
  • Appendix
  • About MarketLine

Please select a license type

Share

Related Products

MarketLineNon-Life Insurance in the United KingdomProduct ThumbnailNon-Life Insurance in the United Kingdom, Industry Report available for $350Product #: 631322
GlobalData
TeleResearch
Global Markets Direct
GBI Research
MarketsandMarkets
MicroMarketMonitor
PayPal Acceptance Mark
SSL Certificate
Copyright © 2017 Global Market Analyst. All Rights Reserved