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Product Insights
NewUnited Kingdom (UK) Professional Indemnity Insurance Market Dynamics, Trends, Opportunities and Future Market, 2024 Update
UK Professional Indemnity Insurance Market Report Overview The UK professional indemnity insurance (PII) market was worth GBP3.3 billion in 2023. With improved profitability, capacity is returning to the market, both in the form of new entrants and existing insurers which have ambitious growth targets. Premium rates are therefore now stable or declining and market growth is forecast to be much slower by 2028. However, market conditions remain very profession-specific and are affected by the size and profile of risk. Professional...
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Product Insights
NewUnited Kingdom (UK) Pet Insurance Distribution Dynamics by Channels and Future Market, 2023 Update
United Kingdom (UK) Pet Insurance Market Report Overview In 2023, less than 40% of all customers renewed their policies with their existing provider. Customers preferred to renew policies for both dog and cat insurance. This year the proportions of customers who shopped around for dog and cat insurance grew by more than 1 pp compared to 2022. The United Kingdom (UK) Pet Insurance Distribution Dynamics by Channels and Future Market report explores how purchasing preferences have changed over time. It...
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Thematic Analysis
NewPersonalization in Insurance – Thematic Intelligence
Personalization in Insurance Thematic Report Overview Insurance companies are recognizing the value of personalized policies to attract and retain customers. Insurers can personalize policies based on policyholder behaviors, preferences, and risk profiles, with unprecedented accuracy by leveraging AI and machine learning algorithms. Personalized policies not only provide customers with coverage that meets their specific requirements but also demonstrate an understanding of their unique circumstances, fostering trust and loyalty. The ‘Personalization in Insurance’ thematic intelligence report gives you an in-depth insight...
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Sector Analysis
NewMaldives Insurance Industry – Key Trends and Opportunities to 2028
Maldives Insurance Market Report Overview Maldives’s total insurance industry comprises only general insurance which accounted for a gross written premium (GWP) of MVR1.6 billion ($107.1 million) in 2023. The general insurance sector experienced growth in 2023 due to higher premium rates and increased demand for health insurance, natural catastrophic policies, and commercial property policies. The market is expected to achieve a CAGR of more than 13% during 2024-2028. The Maldives insurance market research report provides in-depth market analysis, information, and...
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Sector Analysis
NewMozambique Insurance Industry – Key Trends and Opportunities to 2028
Mozambique Insurance Market Report Overview The gross written premium of the Mozambique insurance market was MZN24.2 billion ($377.6 million) in 2023. The market is expected to achieve a CAGR of more than 9% during 2024-2028. The Mozambique insurance market research report provides in-depth market analysis, information, and insights into the Mozambique insurance industry. It provides values for key performance indicators such as gross written premium, penetration, premium accepted and ceded, profitability ratios, and premium by line of business, during the...
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Sector Analysis
NewGermany Life Insurance Market Size and Trends by Line of Business, Distribution, Competitive Landscape and Forecast to 2028
Germany Life Insurance Market Report Overview The gross written premium of Germany life insurance market was EUR95.8 billion ($97.8 billion) in 2023 and is expected to achieve a CAGR of more than 2% during 2024-2028. The Germany life insurance market research report provides an in-depth market analysis, including insights into the lines of business in the country’s life insurance industry. Furthermore, the report provides a detailed outlook by product category as well as values for key performance indicators, including direct...
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Sector Analysis
NewBelgium General Insurance Market Size and Trends by Line of Business, Distribution, Competitive Landscape and Forecast to 2028
Belgium General Insurance Market Report Overview The gross written premium of the Belgium general insurance market was estimated to be EUR30.9 billion ($31.5 million) in 2023 and is expected to achieve a CAGR of more than 8% during 2024-2028. The Belgium general insurance market research report provides in-depth market analysis, including insights into the lines of business in the country’s general insurance industry. Furthermore, the report provides a detailed outlook by product category as well as values for key performance...
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Analyst Opinions
NewImpact of Inflation on United Kingdom (UK) Insurance, 2023 Update
Impact of Inflation on UK Insurance Market Report Overview In 2023, UK inflation dropped from 10.4% in January to 4.0% in December. Economic growth flatlined in the year, with the economy falling into recession in Q4 after two consecutive quarters of negative GDP growth. The top three financial concerns for UK insurance consumers are paying monthly bills, the overall impact of the cost-of-living crisis, and saving for a comfortable retirement. The ‘Impact of Inflation on United Kingdom (UK) Insurance, 2023...
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Sector Analysis
NewYemen Insurance Industry – Key Trends and Opportunities to 2028
Yemen Insurance Market Report Overview The direct written premium of the Yemen insurance market was YER75.1 billion ($58 million) in 2023. The market is expected to achieve a CAGR of more than 7% during 2024-2028. The Yemen insurance market research report provides in-depth market analysis, information, and insights into the Yemen insurance industry. It provides values for key performance indicators such as direct written premium, penetration, premium accepted and ceded, profitability ratios, and premium by line of business, during the...
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Sector Analysis
Greece General Insurance Market Size and Trends by Line of Business, Distribution, Competitive Landscape and Forecast to 2028
Greece General Insurance Market Report Overview The gross written premium of the Greece general insurance market was EUR2.4 billion ($2.5 billion) in 2023 and is expected to achieve a CAGR of more than 7% during 2024-2028. The Greece general insurance market research report provides in-depth market analysis, including insights into the lines of business in the country’s general insurance industry. Furthermore, the report provides a detailed outlook by product category as well as values for key performance indicators, including gross...