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Sector Analysis
Personal Accident and Health Insurance in India, Key Trends and Opportunities to 2020
GlobalData’s 'Personal Accident and Health Insurance in India Key Trends and Opportunities to 2020' report provides in-depth market analysis, information and insights into the Indian personal accident and health insurance segment, including: • An overview of the Indian personal accident and health insurance segment • The Indian personal accident and health insurance segment’s growth prospects by category • A comprehensive overview of the Indian economy and demographics • A comparison of the Indian personal accident and health insurance segment with...
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Sector Analysis
Non-Life Insurance in India, Key Trends and Opportunities to 2020
GlobalData’s 'Non-Life Insurance in India Key Trends and Opportunities to 2020' report provides in-depth market analysis, information and insights into the Indian non-life insurance segment, including: • The Indian non-life segment’s detailed outlook by product category • A comprehensive overview of the Indian economy and demographics • A comparison of the Indian non-life insurance segment with its regional counterparts • The various distribution channels in the Indian non-life insurance segment • Detailed analysis of natural hazards and their impact on...
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Sector Analysis
UK Travel Insurance: Market Dynamics and Opportunities 2016
The UK travel insurance market declined by 12.3% to £625.4m in gross written premium (GWP) in 2015. This is a result of fewer policies being written, in addition to rates that have been prevented from hardening due to market competition. The number of policies written has been falling despite rises in the number of UK residents traveling abroad. The majority of UK travelers visit Europe, which has led to Britons relying on European Health Insurance Cards (EHICs) instead of purchasing...
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Sector Analysis
Uncovering the Insurance Market in Gibraltar
The Gibraltar-based insurance market services customers across Europe but has a most significant role within the UK insurance space, where a majority of its more than £3bn in business is found. Insurers located in Gibraltar collectively underwrite almost 20% of the UK’s private motor market. While a number of factors have been at play in leading insurers to domicile here, a number of factors – not least the impact of Brexit and the shift to Solvency II – have stirred...
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Sector Analysis
UK Employers’ Liability Insurance: Market Dynamics and Opportunities 2016
The UK employers’ liability insurance market continues to be characterized by overcapacity and unprofitability. While underlying demand for employers’ liability has steadily increased in recent years, premium rates continue to lag behind claims inflation. In the wake of the uncertainties created by the Brexit vote and the government’s personal injury reforms, the market could be in for a turbulent few years.
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Sector Analysis
Customer Segmentation in UK Insurance: Digital Lifestyles
Society is becoming increasingly connected. Technology has allowed us to be online anytime and anywhere, through portable devices such as smart phones and tablets. This means that consumers have instant access to goods, products, and services. Connection is also extending through the Internet of Things, where big data is collected through wearable tech, connected cars, and smart homes. The result is that consumers expect and look for ever-responsive, convenient, tailored services via a channel they can access from wherever they...
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Sector Analysis
UK Private Motor Insurance: Competitor Dynamics
The UK Private Motor Insurance market is a highly competitive market. Insurers are struggling to make their books profitable, as claims continue to prove challenging. The number of insurers active in this market makes it hard to generate rate increases on top of the rise in insurance tax. With more regulation likely, insurers are continually looking at different ways to deliver competitive advantage.
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Sector Analysis
UK Directors and Officers Insurance: Market Dynamics and Opportunities 2016
The UK directors and officers (D&O) insurance market has begun to stabilize following a period of growth. It was worth £199.8m in 2015, down 0.5% from 2014. Rates are softening, with the steepest declines at the larger end of the market due to overcapacity driving competition. On average rates are estimated to be falling by 3–5% per year. However the market is still highly profitable, with the COR expected to lie between 60–80%. Despite rates falling, the value of the...
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Sector Analysis
Life Insurance in Latvia, Key Trends and Opportunities to 2020
GlobalData’s 'Life Insurance in Latvia, Key Trends and Opportunities to 2020' report provides in-depth market analysis, information and insights into the Ecuadorian life insurance segment, including: • An overview of the Latvian life insurance segment • The Latvian life insurance segment’s growth prospects by category • A comprehensive overview of the Latvian economy and demographics • A comparison of the Latvian life insurance segment with its regional counterparts • The various distribution channels in the Latvian life insurance segment •...
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Sector Analysis
Reinsurance in Latvia, Key Trends and Opportunities to 2020
GlobalData’s 'Reinsurance in Latvia, Key Trends and Opportunities to 2020' report provides in-depth market analysis, information and insights into the Latvian reinsurance segment, including: • An outlook of the Latvian reinsurance segment • A comprehensive overview of the Latvian economy and demographics • Detailed analysis of natural hazards and their impact on the Latvian insurance industry • The competitive landscape in the Latvian reinsurance segment