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Sector Analysis
United Kingdom (UK) Commercial Motor Insurance Market Trends, Competitor Dynamics and Opportunities
The gross written premium (GWP) in the UK commercial motor insurance market was valued at GBP5.65 billion in 2022. The UK commercial motor insurance market experienced a marginal decline of 0.3% in gross written premiums (GWP) in 2022 when compared to the preceding year. However, a sharp rise in premiums throughout 2023 will cause significant growth in the market. According to GlobalData forecasts, the UK commercial motor insurance market will bounce back in 2023, driven by soaring premiums due to...
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Sector Analysis
United Kingdom (UK) Commercial Property Insurance Market Trends, Competitor Dynamics and Opportunities
The gross written premium (GWP) in the UK commercial property insurance market was valued at GBP12.2 billion in 2022. The commercial property insurance market in the UK is predicted to expand gradually at a CAGR of more than 4% from 2022 to 27. It is projected that factors such as rising repair costs and hardening market rates will fuel premium increases in the coming years. UK Commercial Property Insurance Market Outlook 2022-2027 (GBP Billion) Buy The Full Report for More...
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Analyst Opinions
Motor Insurance Market Trends and Analysis by Region, Line of Business, Competitive Landscape and Forecast to 2027
Motor Insurance Market Report Overview The motor insurance industry’s written premium was $822.3 billion in 2022. The market is expected to gain pace from 2024 and achieve a CAGR of more than 4% during 2023-2027. The motor insurance market research report provides in-depth market analysis, information, and insights into the global and regional motor insurance industry. It provides a detailed outlook and values for key performance indicators such as written premiums and claims during the review and forecast period. Motor...
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Analyst Opinions
Property Insurance Market Trends and Analysis by Region, Line of Business, Competitive Landscape and Forecast to 2027
Property Insurance Market Overview The written premium of property insurance was $591.8 billion in 2022. The market is expected to achieve a CAGR of more than 6% during 2023-2027. The property insurance market research report provides in-depth market analysis, information, and insights into the global and regional property insurance industry. It provides a detailed outlook as well as values for key performance indicators such as written premiums and claims during the review period and forecast period. Property Insurance Market Outlook,...
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Sector Analysis
Liability Insurance Market Trends and Analysis by Region, Line of Business, Competitive Landscape and Forecast to 2027
Liability Insurance Market Report Overview The written premium of liability insurance was $338.2 billion in 2022. The market is expected to achieve a CAGR of more than 7% during 2023-2027. The Liability insurance market research report provides in-depth market analysis, information, and insights into the global and regional liability insurance industry. It provides a detailed outlook as well as values for key performance indicators such as written premium and claims during the review period and forecast period. Liability Insurance Market...
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Product Insights
United Kingdom (UK) Extended Warranty Insurance Market Size, Trends, Competitor Dynamics and Opportunities
UK Extended Warranty Insurance Market Overview The estimated UK extended warranty market reached 8.6 million policies in 2022. As restrictions related to the COVID-19 pandemic caused people to work from home, the value of electrical sales increased by more than 6% in 2021. UK extended warranty insurance market research report analyzes the UK extended warranty insurance market, looking at drivers of uptake for both electrical and motor extended warranties. The report goes on to discuss the distribution landscape in 2022,...
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Analyst Opinions
United Kingdom (UK) Commercial Insurance Distribution Dynamics by Channels and Future Market, 2023 Update
UK Commercial Insurance Market Overview The UK commercial insurance distribution landscape is largely dominated by brokers. It is largely due to their ability to offer expert advice and find the appropriate cover for a wide range of businesses. As digital transformation accelerates within the industry, brokers will, need to adapt more online solutions into their service offering. The UK commercial insurance market research report discusses the distribution landscape of UK commercial insurance. Each channel is discussed in turn, with a...