Abstract
Overview
Introduction
This report offers a comprehensive analysis of the UK household insurance
market in 2007,incorporating market, customer and competitor analysis and
forecasts of market growth and profitability.
Scope
- Market profitability and size in GWP
- Customer purchasing trends and distribution trends
- Forecasts of market size and profitability until 2012
Highlights
Competition remained high in the property insurance market in 2006. This has
had a negative impact on premium income growth, which has slowed in recent
years.
AXA recorded a particularly strong growth performance in 2006 which meant the
insurer moved a place higher in terms of market position.
While the face-to-face platform has decreased in size over the last five
years, the number of consumers purchasing their household policies by
telephone or online has increased.
Reasons to Purchase
- Understand key factors influencing customer purchasing trends
- Understand the future of this market in terms of market growth and
underwriting profitability
- Benchmark yourself against your competitors in terms of market share and
performance ratios
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