Table of Contents
1 Introduction
1.1 What is this Report About?
1.2 Definitions
1.3 Methodology
2 The UK Insurance Industry Attractiveness
2.1 Insurance Industry Market Size, 2007-2016
2.2 Key Industry Trends and Drivers
2.2.1 Business drivers
2.2.2 Consumer drivers
2.3 Recent Market Developments
3 Non-Life Insurance Segment Outlook
3.1 Non-Life Insurance Growth Prospects by Category
3.1.1 Property insurance category
3.1.2 Fire and allied perils insurance sub-category
3.1.3 Engineering insurance sub-category
3.1.4 Other property sub-category
3.2 Motor insurance category
3.2.1 Motor hull sub-category
3.2.2 Motor third-party sub-category
3.3 General third-party category
3.4 Marine, aviation and transit category
3.4.1 Marine sub-category
3.4.2 Aviation sub-category
3.4.3 Transit sub-category
4 Analysis by Distribution Channels
4.1 Direct marketing channel
4.2 Bancassurance channel
4.3 Agencies channel
4.4 Other channel
5 Appendix
5.1 Methodology
5.2 Contact Us
5.3 About Timetric
5.4 Disclaimer
List of Tables
Table 1: Insurance Industry Definitions
Table 2: UK Insurance Overall Written Premium by Segment (GBP Billion), 2007-2011
Table 3: UK Insurance Overall Written Premium by Segment (US$ Billion), 2007-2011
Table 4: UK Insurance Overall Written Premium by Segment (GBP Billion), 2011-2016
Table 5: UK Insurance Overall Written Premium by Segment (US$ Billion), 2011-2016
Table 6: UK Insurance Segmentation (%), 2007-2016
Table 7: Non-Life Insurance Written Premium by Category (GBP Billion), 2007-2011
Table 8: Non-Life Insurance Written Premium by Category (US$ Billion), 2007-2011
Table 9: Non-Life Insurance Written Premium by Category (GBP Billion), 2011-2016
Table 10: Non-Life Insurance Written Premium by Category (US$ Billion), 2011-2016
Table 11: Non-Life Insurance - Incurred Loss (GBP Billion), 2007-2011
Table 12: Non-Life Insurance - Incurred Loss (GBP Billion), 2011-2016
Table 13: Non-Life Insurance - Loss Ratio (%), 2007-2011
Table 14: Non-Life Insurance - Loss Ratio (%), 2011-2016
Table 15: Non-Life Insurance - Commissions and Expenses (GBP Billion), 2007-2011
Table 16: Non-Life Insurance - Commissions and Expenses (GBP Billion), 2011-2016
Table 17: Non-Life Insurance - Combined Ratio (%), 2007-2011
Table 18: Non-Life Insurance - Combined Ratio (%), 2011-2016
Table 19: Non-Life Insurance - Frauds and Crimes (GBP Billion), 2007-2011
Table 20: Non-Life Insurance - Frauds and Crimes (GBP Billion), 2011-2016
Table 21: Non-Life Insurance - Total Assets (GBP Billion), 2007-2011
Table 22: Non-Life Insurance - Total Assets (GBP Billion), 2011-2016
Table 23: Non-Life Insurance - Total Investment Income (GBP Billion), 2007-2011
Table 24: Non-Life Insurance - Total Investment Income (GBP Billion), 2011-2016
Table 25: Non-Life Insurance - Retentions (GBP Billion), 2007-2011
Table 26: Non-Life Insurance - Retentions (GBP Billion), 2011-2016
Table 27: Property Insurance Written Premium by Sub-Category (GBP Billion), 2007-2011
Table 28: Property Insurance Written Premium by Sub-Category (US$ Billion), 2007-2011
Table 29: Property Insurance Written Premium by Sub-Category (GBP Billion), 2011-2016
Table 30: Property Insurance Written Premium by Sub-Category (US$ Billion), 2011-2016
Table 31: Fire and Allied Perils Insurance Sub-Category by Volume (Thousand), 2007-2011
Table 32: Fire and Allied Perils Insurance Sub-Category by Volume (Thousand), 2011-2016
Table 33: Fire and Allied Perils Insurance Sub-Category by Written Premium (GBP Billion), 2007-2011
Table 34: Fire and Allied Perils Insurance Sub-Category by Written Premium (GBP Billion), 2011-2016
Table 35: Engineering Insurance Sub-Category by Volume (Thousand), 2007-2011
Table 36: Engineering Insurance Sub-Category by Volume (Thousand), 2011-2016
Table 37: Engineering Insurance Sub-Category by Written Premium (GBP Billion), 2007-2011
Table 38: Engineering Insurance Sub-Category by Written Premium (GBP Billion), 2011-2016
Table 39: Other Property Insurance Sub-Category by Volume (Thousand), 2007-2011
Table 40: Other Property Insurance Sub-Category by Volume (Thousand), 2011-2016
Table 41: Other Property Insurance Sub-Category by Written Premium (GBP Billion), 2007-2011
Table 42: Other Property Insurance Sub-Category by Written Premium (GBP Billion), 2011-2016
Table 43: Motor Insurance Written Premium by Sub-Category (GBP Billion), 2007-2011
Table 44: Motor Insurance Written Premium by Sub-Category (US$ Billion), 2007-2011
Table 45: Motor Insurance Written Premium by Sub-Category (GBP Billion), 2011-2016
Table 46: Motor Insurance Written Premium by Sub-Category (US$ Billion), 2011-2016
Table 47: Motor Hull Insurance Sub-Category by Volume (Thousand), 2007-2011
Table 48: Motor Hull Insurance Sub-Category by Volume (Thousand), 2011-2016
Table 49: Motor Hull Insurance Sub-Category by Written Premium (GBP Billion), 2007-2011
Table 50: Motor Hull Insurance Sub-Category by Written Premium (GBP Billion), 2011-2016
Table 51: Motor Third-Party Insurance Sub-Category by Volume (Thousand), 2007-2011
Table 52: Motor Third-Party Insurance Sub-Category by Volume (Thousand), 2011-2016
Table 53: Motor Third-Party Insurance Sub-Category by Written Premium (GBP Billion), 2007-2011
Table 54: Motor Third-Party Insurance Sub-Category by Written Premium (GBP Billion), 2011-2016
Table 55: General Third-Party Insurance Category by Volume (Thousand), 2007-2011
Table 56: General Third-Party Insurance Category by Volume (Thousand), 2011-2016
Table 57: General Third-Party Insurance Category by Written Premium (GBP Billion), 2007-2011
Table 58: General Third-Party Insurance Category by Written Premium (GBP Billion), 2011-2016
Table 59: Marine, Aviation and Transit Insurance Written Premium by Sub-Category (GBP Billion), 2007-2011
Table 60: Marine, Aviation and Transit Insurance Written Premium by Sub-Category (US$ Billion), 2007-2011
Table 61: Marine, Aviation and Transit Insurance Written Premium by Sub-Category (GBP Billion), 2011-2016
Table 62: Marine, Aviation and Transit Insurance Written Premium by Sub-Category (US$ Billion), 2011-2016
Table 63: Marine Insurance Sub-Category by Volume (Thousand), 2007-2011
Table 64: Marine Insurance Sub-Category by Volume (Thousand), 2011-2016
Table 65: Marine Insurance Sub-Category by Written Premium (GBP Billion), 2007-2011
Table 66: Marine Insurance Sub-Category by Written Premium (GBP Billion), 2011-2016
Table 67: Aviation Insurance Sub-Category by Volume (Thousand), 2007-2011
Table 68: Aviation Insurance Sub-Category by Volume (Thousand), 2011-2016
Table 69: Aviation Insurance Sub-Category by Written Premium (GBP Billion), 2007-2011
Table 70: Aviation Insurance Sub-Category by Written Premium (GBP Billion), 2011-2016
Table 71: Transit Insurance Sub-Category by Volume (Thousand), 2007-2011
Table 72: Transit Insurance Sub-Category by Volume (Thousand), 2011-2016
Table 73: Transit Insurance Sub-Category by Written Premium (GBP Billion), 2007-2011
Table 74: Transit Insurance Sub-Category by Written Premium (GBP Billion), 2011-2016
Table 75: Non-Life Insurance - Direct Marketing Commission Paid (GBP Billion), 2007-2011
Table 76: Non-Life Insurance - Direct Marketing Commission Paid (GBP Billion), 2011-2016
Table 77: Non-Life Insurance - Written Premium Through Direct Marketing (GBP Billion), 2007-2011
Table 78: Non-Life Insurance - Written Premium Through Direct Marketing (GBP Billion), 2011-2016
Table 79: Non-Life Insurance - Policies Sold Through Direct Marketing (Thousand), 2007-2011
Table 80: Non-Life Insurance - Policies Sold Through Direct Marketing (Thousand), 2011-2016
Table 81: Non-Life Insurance - Number of Direct Marketing Distributors, 2007-2011
Table 82: Non-Life Insurance - Number of Direct Marketing Distributors, 2011-2016
Table 83: Non-Life Insurance - Bancassurance Commission Paid (GBP Billion), 2007-2011
Table 84: Non-Life Insurance - Bancassurance Commission Paid (GBP Billion), 2011-2016
Table 85: Non-Life Insurance - Written Premium Through Bancassurance (GBP Billion), 2007-2011
Table 86: Non-Life Insurance - Written Premium Through Bancassurance (GBP Billion), 2011-2016
Table 87: Non-Life Insurance - Policies Sold Through Bancassurance (Thousand), 2007-2011
Table 88: Non-Life Insurance - Policies Sold Through Bancassurance (Thousand), 2011-2016
Table 89: Non-Life Insurance - Number of Bancassurance Distributors, 2007-2011
Table 90: Non-Life Insurance - Number of Bancassurance Distributors, 2011-2016
Table 91: Non-Life Insurance - Agencies Commission Paid (GBP Billion), 2007-2011
Table 92: Non-Life Insurance - Agencies Commission Paid (GBP Billion), 2011-2016
Table 93: Non-Life Insurance - Written Premium Through Agencies (GBP Billion), 2007-2011
Table 94: Non-Life Insurance - Written Premium Through Agencies (GBP Billion), 2011-2016
Table 95: Non-Life Insurance - Policies Sold Through Agencies (Thousand), 2007-2011
Table 96: Non-Life Insurance - Policies Sold Through Agencies (Thousand), 2011-2016
Table 97: Non-Life Insurance - Number of Agencies, 2007-2011
Table 98: Non-Life Insurance - Number of Agencies, 2011-2016
Table 99: Non-Life Insurance - Commission Paid to Other Channels (GBP Billion), 2007-2011
Table 100: Non-Life Insurance - Commission Paid to Other Channels (GBP Billion), 2011-2016
Table 101: Non-Life Insurance - Written Premium Through Other Channels (GBP Billion), 2007-2011
Table 102: Non-Life Insurance - Written Premium Through Other Channels (GBP Billion), 2011-2016
Table 103: Non-Life Insurance - Policies Sold Through Other Channels (Thousand), 2007-2011
Table 104: Non-Life Insurance - Policies Sold Through Other Channels (Thousand), 2011-2016
Table 105: Non-Life Insurance - Number of Distributors in Other Channels, 2007-2011
Table 106: Non-Life Insurance - Number of Distributors in Other Channels, 2011-2016
List of Figures
Figure 1: UK Insurance Overall Written Premium by Segment (GBP Billion), 2007-2016
Figure 2: UK Insurance Dynamics by Segment, 2007-2016
Figure 3: Non-Life Insurance Written Premium by Category (GBP Billion), 2007-2016
Figure 4: Non-Life Insurance Written Premium by Category (% Share), 2011 and 2016
Figure 5: Non-Life Insurance Dynamics by Category, 2007-2016
Figure 6: Non-Life Insurance - Incurred Loss (GBP Billion), 2007-2011
Figure 7: Non-Life Insurance - Incurred Loss (GBP Billion), 2011-2016
Figure 8: Non-Life Insurance - Loss Ratio (%), 2007-2011
Figure 9: Non-Life Insurance - Loss Ratio (%), 2011-2016
Figure 10: Non-Life Insurance - Commissions and Expenses (GBP Billion), 2007-2011
Figure 11: Non-Life Insurance - Commissions and Expenses (GBP Billion), 2011-2016
Figure 12: Non-Life Insurance - Combined Ratio (%), 2007-2011
Figure 13: Non-Life Insurance - Combined Ratio (%), 2011-2016
Figure 14: Non-Life Insurance - Frauds and Crimes (GBP Billion), 2007-2011
Figure 15: Non-Life Insurance - Frauds and Crimes (GBP Billion), 2011-2016
Figure 16: Non-Life Insurance - Total Assets (GBP Billion), 2007-2011
Figure 17: Non-Life Insurance - Total Assets (GBP Billion), 2011-2016
Figure 18: Non-Life Insurance - Total Investment Income (GBP Billion), 2007-2011
Figure 19: Non-Life Insurance - Total Investment Income (GBP Billion), 2011-2016
Figure 20: Non-Life Insurance - Retentions (GBP Billion), 2007-2011
Figure 21: Non-Life Insurance - Retentions (GBP Billion), 2011-2016
Figure 22: Non-Life Insurance - Investment Type (GBP Billion), 2007-2011
Figure 23: Non-Life Insurance - Investment Type (% Share), 2007 and 2011
Figure 24: Non-Life Insurance - Density and Penetration (%), 2007-2011
Figure 25: Non-Life Insurance - Number of Policies Sold (Thousand), 2007-2011
Figure 26: Non-Life Insurance - Number of Policies Sold (Thousand), 2011-2016
Figure 27: Non-Life Insurance - Premium Per Capita (GBP), 2007-2011
Figure 28: Property Insurance Written Premium (GBP Billion) by Sub-Category, 2007-2016
Figure 29: Property Insurance Dynamics by Sub-Category, 2007-2016
Figure 30: Fire and Allied Perils Insurance Sub-Category by Volume (Thousand), 2007-2011
Figure 31: Fire and Allied Perils Insurance Sub-Category by Volume (Thousand), 2011-2016
Figure 32: Fire and Allied Perils Insurance Sub-Category by Written Premium (GBP Billion), 2007-2011
Figure 33: Fire and Allied Perils Insurance Sub-Category by Written Premium (GBP Billion), 2011-2016
Figure 34: Engineering Insurance Sub-Category by Volume (Thousand), 2007-2011
Figure 35: Engineering Insurance Sub-Category by Volume (Thousand), 2011-2016
Figure 36: Engineering Insurance Sub-Category by Written Premium (GBP Billion), 2007-2011
Figure 37: Engineering Insurance Sub-Category by Written Premium (GBP Billion), 2011-2016
Figure 38: Other Property Insurance Sub-Category by Volume (Thousand), 2007-2011
Figure 39: Other Property Insurance Sub-Category by Volume (Thousand), 2011-2016
Figure 40: Other Property Insurance Sub-Category by Written Premium (GBP Billion), 2007-2011
Figure 41: Other Property Insurance Sub-Category by Written Premium (GBP Billion), 2011-2016
Figure 42: Motor Insurance Written Premium by Sub-Category (GBP Billion), 2007-2016
Figure 43: Motor Insurance Dynamics, By Sub-Category, 2007-2016
Figure 44: Motor Hull Insurance Sub-Category by Volume (Thousand), 2007-2011
Figure 45: Motor Hull Insurance Sub-Category by Volume (Thousand), 2011-2016
Figure 46: Motor Hull Insurance Sub-Category by Written Premium (GBP Billion), 2007-2011
Figure 47: Motor Hull Insurance Sub-Category by Written Premium (GBP Billion), 2011-2016
Figure 48: Motor Third-Party Insurance Sub-Category by Volume (Thousand), 2007-2011
Figure 49: Motor Third-Party Insurance Sub-Category by Volume (Thousand), 2011-2016
Figure 50: Motor Third-Party Insurance Sub-Category by Written Premium (GBP Billion), 2007-2011
Figure 51: Motor Third-Party Insurance Sub-Category by Written Premium (GBP Billion), 2011-2016
Figure 52: General Third-Party Insurance Category by Volume (Thousand), 2007-2011
Figure 53: General Third-Party Insurance Category by Volume (Thousand), 2011-2016
Figure 54: General Third-Party Insurance Category by Written Premium (GBP Billion), 2007-2011
Figure 55: General Third-Party Insurance Category by Written Premium (GBP Billion), 2011-2016
Figure 56: Marine, Aviation and Transit Insurance Written Premium (GBP Billion) by Sub-Category, 2007-2016
Figure 57: Marine, Aviation and Transit Insurance Dynamics by Sub-Category, 2007-2016
Figure 58: Marine Insurance Sub-Category by Volume (Thousand), 2007-2011
Figure 59: Marine Insurance Sub-Category by Volume (Thousand), 2011-2016
Figure 60: Marine Insurance Sub-Category by Written Premium (GBP Billion), 2007-2011
Figure 61: Marine Insurance Sub-Category by Written Premium (GBP Billion), 2011-2016
Figure 62: Aviation Insurance Sub-Category by Volume (Thousand), 2007-2011
Figure 63: Aviation Insurance Sub-Category by Volume (Thousand), 2011-2016
Figure 64: Aviation Insurance Sub-Category by Written Premium (GBP Billion), 2007-2011
Figure 65: Aviation Insurance Sub-Category by Written Premium (GBP Billion), 2011-2016
Figure 66: Transit Insurance Sub-Category by Volume (Thousand), 2007-2011
Figure 67: Transit Insurance Sub-Category by Volume (Thousand), 2011-2016
Figure 68: Transit Insurance Sub-Category by Written Premium (GBP Billion), 2007-2011
Figure 69: Transit Insurance Sub-Category by Written Premium (GBP Billion), 2011-2016
Figure 70: Non-Life Insurance New Business Written Premium by Distribution Channels (%Share), 2011 and 2016
Figure 71: Non-Life Insurance - Direct Marketing Commission Paid (GBP Billion), 2007-2011
Figure 72: Non-Life Insurance - Direct Marketing Commission Paid (GBP Billion), 2011-2016
Figure 73: Non-Life Insurance - Written Premium Through Direct Marketing (GBP Billion), 2007-2011
Figure 74: Non-Life Insurance - Written Premium Through Direct Marketing (GBP Billion), 2011-2016
Figure 75: Non-Life Insurance - Policies Sold Through Direct Marketing (Thousand), 2007-2011
Figure 76: Non-Life Insurance - Policies Sold Through Direct Marketing (Thousand), 2011-2016
Figure 77: Non-Life Insurance - Number of Direct Marketing Distributors 2007-2011
Figure 78: Non-Life Insurance - Number of Direct Marketing Distributors, 2011-2016
Figure 79: Non-Life Insurance - Bancassurance Commission Paid (GBP Billion), 2007-2011
Figure 80: Non-Life Insurance - Bancassurance Commission Paid (GBP Billion), 2011-2016
Figure 81: Non-Life Insurance - Written Premium Through Bancassurance (GBP Billion), 2007-2011
Figure 82: Non-Life Insurance - Written Premium Through Bancassurance (GBP Billion), 2011-2016
Figure 83: Non-Life Insurance - Policies Sold Through Bancassurance (Thousand), 2007-2011
Figure 84: Non-Life Insurance - Policies Sold Through Bancassurance (Thousand), 2011-2016
Figure 85: Non-Life Insurance - Number of Bancassurance Distributors, 2007-2011
Figure 86: Non-Life Insurance - Number of Bancassurance Distributors, 2011-2016
Figure 87: Non-Life Insurance - Agencies Commission Paid (GBP Billion), 2007-2011
Figure 88: Non-Life Insurance - Agencies Commission Paid (GBP Billion), 2011-2016
Figure 89: Non-Life Insurance - Written Premium Through Agencies (GBP Billion), 2007-2011
Figure 90: Non-Life Insurance - Written Premium Through Agencies (GBP Billion), 2011-2016
Figure 91: Non-Life Insurance - Policies Sold Through Agencies (Thousand), 2007-2011
Figure 92: Non-Life Insurance - Policies Sold Through Agencies (Thousand), 2011-2016
Figure 93: Non-Life Insurance - Number of Agencies, 2007-2011
Figure 94: Non-Life Insurance - Number of Agencies, 2011-2016
Figure 95: Non-Life Insurance - Commission Paid to Other Channels (GBP Billion), 2007-2011
Figure 96: Non-Life Insurance - Commission Paid to Other Channels (GBP Billion), 2011-2016
Figure 97: Non-Life Insurance - Written Premium Through Other Channels (GBP Billion), 2007-2011
Figure 98: Non-Life Insurance - Written Premium Through Other Channels (GBP Billion), 2011-2016
Figure 99: Non-Life Insurance - Policies Sold Through Other Channels (Thousand), 2007-2011
Figure 100: Non-Life Insurance - Policies Sold Through Other Channels (Thousand), 2011-2016
Figure 101: Non-Life Insurance - Number of Distributors in Other Channels, 2007-2011
Figure 102: Non-Life Insurance - Number of Distributors in Other Channels, 2011-2016