New Market Report Now Available: UK Private Motor Insurance: Market Dynamics and Opportunities

From: Fast Market Research, Inc.
Published: Sun Nov 10 2013


This report analyzes the UK private motor insurance market, looking at market size and performance ratios, as well as changes in insurance premiums, claims costs, road casualties, and regulations. It provides a thorough overview of the market, with future forecasts.

Scope of the Report

* Get an overview of the private motor insurance market, with an in-depth analysis of market size, claims, and profitability.
* Develop strategies to approach opportunities arising in the market, and prepare for emerging challenges.

Report Highlights

Private motor insurance market GWP declined by 4.4% between 2011 and 2012, a direct result of motor insurance premiums decreasing and some insurers choosing to either exit the private motor insurance market in search of more profitable areas, or reduce their capacity.The onset of recession in 2008 saw the FTSE 100 drop, followed by declines in returns from equity investments. Low investment returns have meant that insurers are not able to rely on investment returns as much as they did in the past, leaving them largely dependent upon underwriting income.As a result of falling insurance premiums the reduction in GWP is likely to continue in 2013, with little change in CORs.

Full Report Details at
- http://www.fastmr.com/prod/719003_uk_private_motor_insurance_market_dynamics_and.aspx?afid=303

Reasons to Get this Report

* How did the market perform in 2012, and how is it expected to perform in the coming years?
* What are the main issues facing insurers in this market?

About Fast Market Research

Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

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Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001

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