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Product Insights
United Kingdom (UK) Employers’ Liability Insurance Market Trends, Competitor Dynamics and Opportunities
United Kingdom (UK) Employers’ Liability Insurance Market Report Overview The Gross Written Premiums (GWP) in the United Kingdom (UK) employers’ liability insurance market was GBP2.08 billion in 2023, following strong growth of more than 25% in 2022. Exploring opportunities in the gig economy through partnerships and adapting to the evolving risks posed by robotics are the factors that will drive the UK employers’ liability insurance market growth in the coming years. UK Employers Liability Insurance Market Overview 2022-2027 (GBP Billion)...
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Product Insights
Micromobility in Insurance - Market Trends and Dynamics, 2024
Reasons to buy the ‘Micromobility in Insurance’ market report: Get a comprehensive overview of the micromobility insurance market. Examine the critical success factors driving the micromobility insurance market to gain a competitive edge. Gain insights on the insurance dynamics in micromobility and the key regulations in major countries. Find out what vehicles are most attributed to micromobility and how are consumers and businesses using these vehicles. How is our ‘Micromobility in Insurance’ report unique from other reports in the market?...
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Government & Regulation
Taiwan Insurance Industry - Governance, Risk and Compliance
Taiwan Insurance Industry Regulation Overview The Financial Supervisory Commission (FSC) acts as the regulator of the Taiwan insurance industry while the International Association of Insurance Supervisors (IAIS) acts as the other supervisor. The Taiwan Insurance Industry governance regulation report provides a detailed analysis of the insurance regulations for life, property, motor, liability, personal accident and health, and marine, aviation, and transit insurance. The report specifies various requirements for establishing and operating insurance and reinsurance companies and intermediaries. The report also...
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Product Insights
United 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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Sector Analysis
Lebanon Insurance Industry - Key Trends and Opportunities to 2028
Lebanon Insurance Market Report Overview The gross written premium of the Lebanon insurance market was LBP5.1 trillion ($81.5 million) in 2023. The market is expected to achieve a CAGR of more than 42% during 2024-2028. The Lebanon insurance market research report provides a detailed outlook by product category for the Lebanon insurance industry. Lebanon Insurance Market Outlook, 2023-2028 (LBP Trillion) Buy the Full Report for More Insights into the Lebanon Insurance Market Forecast Download a Free Report Sample The Lebanon...
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Thematic Analysis
Personalization 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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Analyst Opinions
Impact 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. The following are some of the key highlights of the impact of inflation on the UK insurance market: UK policymakers made it their primary goal in 2023 to cut inflation. Paying monthly bills and the cost-of-living crisis are top financial concerns for UK insurance consumers. According to GlobalData, a large section of UK consumers is concerned about the...
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Product Insights
United Kingdom (UK) Charity Insurance Market Dynamics, Trends, Opportunities and Future Market
United Kingdom (UK) Charity Insurance Market Report Overview The gross written premiums (GWP) in the non-profit insurance (including charities) in the United Kingdom (UK) was estimated at GBP1.04 billion in 2023. Voluntary organizations are essential in many different fields. Of these, social services make up the largest portion, accounting for almost one-fifth of the sector's total size. The public provides nearly half of the voluntary sector's income, with the government providing for nearly one third of it as well, explaining...
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Government & Regulation
Hong Kong Insurance Industry - Governance, Risk and Compliance
Hong Kong Insurance Industry Regulation Overview The IA is the regulator of the insurance industry in Hong Kong. The Commissioner of Insurance heads and plays a chief role in the IA. It is responsible for administering and supervising insurers and insurance intermediaries to protect and promote the insurance industry. The Hong Kong insurance industry governance regulation research report provides a detailed analysis of the regulations for several insurance types including life, property, motor, and liability. The report also gives insights...
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Sector Analysis
Lesotho Insurance Industry - Key Trends and Opportunities to 2028
Lesotho Insurance Market Report Overview The gross written premium of the Lesotho insurance market was LSL2.77 billion ($166.1 million) in 2023. The market is expected to achieve a CAGR of more than 11% during 2023-2027. The Lesotho insurance market research report provides in-depth market analysis, information, and insights into the Lesotho insurance industry. It provides a detailed outlook by product category as well as values for key performance indicators such as gross written premium, penetration, premium accepted and ceded, profitability...