Abstract
Introduction
This report scrutinizes some of the key metrics and issues in the household
insurance market providing the reader with information on the size and
profitability of the market. Other key factors examined include statistics on
the demand for household insurance and analysis of claims.
Scope of this report
- Key data on claims costs in the household insurance market in 2007
- Forecasts of market size and profitability until 2012
Research and analysis highlights
In 2006, household GWP increased by 3.4%, slowing down by 1.4 percentage
points from 4.8% in 2005. One factor that has contributed to the slowdown of
growth in this sector is that competition was strong in the market in 2006.
Key reasons to read this report
- Understand the future of this market in terms of market growth and
underwriting profitability
- Understand key issues affecting the household insurance market
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