Finance and Banking
Finance and Banking
home | finance and banking | market report
UK Creditor Insurance 2007 (Datamonitor)
- Market: Finance and Banking
- Published Date: 24 Jul 2007
- Report Title: UK Creditor Insurance 2007
- Table of Contents: View Table of Contents
- Report Type: Market Report
- Country: UK
- Number of Pages: 66
Introduction
The report provides a detailed analysis of the current size and composition of the UK creditor insurance market at a time of great upheaval. In addition to a discussion of regulatory issues, it provides PPI customer and competitor information that allow for a more complete understanding of the market. The report also provides a forecast of creditor insurance GWP up until 2011.
Scope
Creditor insurance market sizing, product penetration and competitor premium income data In depth analysis of the underlying consumer credit market including sizing for personal loans, credit cards, mortgages, retail and motor finance A discussion of the FSA's work on the creditor market and the current Competition Commission investigation
Highlights
Based on primary research with interviewees as well as secondary data, the penetration rate of PPI on each main lending product. The penetration rate of PPI is highest on personal loans at 41 per cent followed by 26 per cent for mortgages and 19 per cent for retail finance. The most negative recommendation for the market would be for the full de-linking of the product from the underlying credit purchase which could have a significant negative impact on sales of creditor insurance. Gross advances in the UK mortgage market are forecast to reach £357.2 billion in 2007 and increase steadily thereafter to stand at £395.1 billion in 2011.
Reasons to Purchase
Benchmark your creditor insurance premium income against your competitors Plan your future strategy using forecast of the future growth of the creditor insurance market Understand the work that the FSA and Competition Commission are carrying out on the market
The report provides a detailed analysis of the current size and composition of the UK creditor insurance market at a time of great upheaval. In addition to a discussion of regulatory issues, it provides PPI customer and competitor information that allow for a more complete understanding of the market. The report also provides a forecast of creditor insurance GWP up until 2011.
Scope
Creditor insurance market sizing, product penetration and competitor premium income data In depth analysis of the underlying consumer credit market including sizing for personal loans, credit cards, mortgages, retail and motor finance A discussion of the FSA's work on the creditor market and the current Competition Commission investigation
Highlights
Based on primary research with interviewees as well as secondary data, the penetration rate of PPI on each main lending product. The penetration rate of PPI is highest on personal loans at 41 per cent followed by 26 per cent for mortgages and 19 per cent for retail finance. The most negative recommendation for the market would be for the full de-linking of the product from the underlying credit purchase which could have a significant negative impact on sales of creditor insurance. Gross advances in the UK mortgage market are forecast to reach £357.2 billion in 2007 and increase steadily thereafter to stand at £395.1 billion in 2011.
Reasons to Purchase
Benchmark your creditor insurance premium income against your competitors Plan your future strategy using forecast of the future growth of the creditor insurance market Understand the work that the FSA and Competition Commission are carrying out on the market
Browse over 450,000 market research reports, company profile reports and company financials. Search by industry sector, or simply search market research reports or company profiles by keyword. Companiesandmarkets.com contains one of the world's largest collections of market research reports and company profiles from leading global market research report publishers and analysts. Global brands rely on companiesandmarkets.com for their strategic market research needs.
Purchase Information
There are various ways to purchase products from our site. Select the report title(s) you are interested in, and add it to your basket. At the Checkout page, you will be requested to submit your details. You will then have the option to pay via various methods: Debit Card, Credit Card, or by Invoice.
Companiesandmarkets.com accepts Visa, MasterCard, Diners, American Express, JCB and all the major credit cards. Companiesandmarkets.com uses RBSWorldpay.
Once you have purchased your report(s), you will receive a confirmation email. You will then either be able to download your report(s) immediately from your Customer Area in PDF format, or the report(s) will be emailed to you directly, depending on the agreement we have with the publisher. Orders that are deliverable via email which are taken outside of working hours will be delivered next business day.
Please note, if you purchase by invoice, you will receive your report(s) once payment has been received. If you have any questions about how to order, please Contact Us.
