-
Product Insights
United Kingdom (UK) Home Insurance (Mid-Net-Worth and High-Net-Worth) Market Size, Trends, Competitor Dynamics and Opportunities
UK Home Insurance (Mid-Net-Worth and High-Net-Worth) Market Report Overview The high-net-worth (HNW) home insurance market in the UK was worth GBP671 million in 2022. The growth can be attributed to the rising number of HNW individuals and surging double-digit premium rates. The HNW home insurance GWP is expected to grow at a CAGR of more than 6% during 2022-2026. Â HNW and MNW home insurance requirements differ from those of mass-market customers, due to the high value and specialist nature of...