Market Research Report
UK Commercial Property Insurance: Market Dynamics and Opportunities 2018
|Published by||GlobalData||Product code||363203|
|Published||Content info||47 Pages
Delivery time: 1-2 business days
|UK Commercial Property Insurance: Market Dynamics and Opportunities 2018|
|Published: September 28, 2018||Content info: 47 Pages||
"UK Commercial Property Insurance: Market Dynamics and Opportunities 2018", report provides an in-depth analysis of the UK commercial property insurance market. Among the points discussed include the size of the market, performance ratios, as well as changes in premiums, claims, incidents of peril, regulations, and opportunities. The report provides a thorough overview of the market along with future forecasts.
The commercial property insurance sector continues to endure low premium rates and steady annual gross written premium (GWP) increases. As a result, the value of the market is expected to experience small, incremental increases in GWP over the coming years. The market remains competitive with the leading players retaining similar shares year-on-year, keeping premium rates at stubbornly low levels. In a market that is dependent on external factors such as the overall health of the economy and weather conditions, it remains difficult to predict an outcome for the commercial property insurance sector. The benign claims environment throughout 2017 was encouraging for insurers, but the effect of severe weather at the beginning of 2018 is likely to impact the market in the immediate year ahead.