Market Research Report
UK Household Insurance: Market Dynamics and Opportunities 2017
|Published by||GlobalData||Product code||373275|
|Published||Content info||47 Pages
|UK Household Insurance: Market Dynamics and Opportunities 2017|
|Published: September 25, 2017||Content info: 47 Pages||
"UK Household Insurance: Market Dynamics and Opportunities 2017", report provides an in-depth analysis of the UK household insurance market. It looks at market size and performance ratios as well as changes in premiums, claims, contextual and economic factors, regulation, and opportunities. It provides a thorough overview of the market along with future forecasts and analysis of emerging technologies and products.
High levels of competition and capacity within the household insurance space continue to shape soft market conditions, with little change in rate being achieved apart from pushing through new insurance premium tax (IPT) increases. Despite this and the new Flood Re levy introduced in 2016, profitability has been maintained due to relatively benign weather conditions.