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UK Commercial Property Insurance 2007 (Datamonitor)
- Market: Finance and Banking
- Published Date: 23/05/2007
- Report Title: UK Commercial Property Insurance 2007
- Table of Contents: View Table of Contents
- Report Type: Market Report
- Country: UK
- Number of Pages: 82
Introduction
UK Commercial Property Insurance 2007 provides an in-depth analysis of the commercial property insurance market in the UK, analyzing the key trends in premium income, claims and profitability, giving the reader a unique insight into this market.
Scope
Insight into the competitive performance of the market and an in depth look at changes in the market share and ratios of its top ten insurers Discussion of the major issues affecting the commercial property insurance sector Three scenarios forecasting the market's GWP growth until 2011, based on primary research and in-house expertise.
Highlights
While remaining in second place in the commercial property market, Royal and SunAlliance (R&SA) dramatically closed the gap, which first-placed Norwich Union had opened in 2004. In this scenario the market is forecast to move into an underwriting loss in 2007 as players continue to cut premiums rates, while claims costs increase. Insurers are forecast to start increasing rates again in 2008 and as such GWP increases thereafter and the underwriting loss improves slowly to a £50 million loss in 2011.
Reasons to Purchase
Gain insight into the issues currently affecting the commercial property insurance market Benchmark your market share and financial performance Develop your future commercial property insurance strategy using unique forecasts
UK Commercial Property Insurance 2007 provides an in-depth analysis of the commercial property insurance market in the UK, analyzing the key trends in premium income, claims and profitability, giving the reader a unique insight into this market.
Scope
Insight into the competitive performance of the market and an in depth look at changes in the market share and ratios of its top ten insurers Discussion of the major issues affecting the commercial property insurance sector Three scenarios forecasting the market's GWP growth until 2011, based on primary research and in-house expertise.
Highlights
While remaining in second place in the commercial property market, Royal and SunAlliance (R&SA) dramatically closed the gap, which first-placed Norwich Union had opened in 2004. In this scenario the market is forecast to move into an underwriting loss in 2007 as players continue to cut premiums rates, while claims costs increase. Insurers are forecast to start increasing rates again in 2008 and as such GWP increases thereafter and the underwriting loss improves slowly to a £50 million loss in 2011.
Reasons to Purchase
Gain insight into the issues currently affecting the commercial property insurance market Benchmark your market share and financial performance Develop your future commercial property insurance strategy using unique forecasts
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