Abstract
Introduction
This report examines the major competitive developments that took place over
2006 and 2007 in the household insurance market. It analyzes market share and
the growth of the top 10 household insurers, and considers the factors that
have influenced their relative positions in the market. The loss, expense and
combined ratios of the top 10 property insurers are also presented and
analyzed.
Scope of this report
- Loss, Expense and combined ratios of the top 10 household insurers in the
UK
- Information on recent competitor developments
Research and analysis highlights
In 2006, Norwich Union was the largest player in the household market
recording GWP in excess of £1.4 billion. In addition, Norwich Union
experienced strong growth in the book which grew by 12.8% from £1.3
billion GWP in 2005.
Key reasons to read this report
- Provides an insight into recent competitor developments
- Benchmark yourself against your competitors in terms of market share and
performance ratios
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