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Research and Markets: United Kingdom Commercial Insurance Report 2014
[June 11, 2015]

Research and Markets: United Kingdom Commercial Insurance Report 2014


Research and Markets (http://www.researchandmarkets.com/research/srqxxr/commercial) has announced the addition of the "Commercial Insurance 2014" report to their offering.

This report covers the commercial insurance industry in the UK. It covers the market for commercial insurance in terms of gross written premiums and claims, as well as discussing key issues affecting the operating environment for businesses in the UK. For the purposes of this report, commercial insurance - also known as business insurance - is defined as insurance products used by business owners, independent professionals or the self-employed to help protect individuals and/or their companies against unexpected losses.

The major areas of insurance covered in this report are liability insurance (including employers' and public liability insurance); commercial property insurance (including business interruption and trade fire insurance); commercial motor insurance; marine, aviation and transport (MAT) insurance; other fire and accident insurance; and miscellaneous and pecuniary loss insurance (includng trade credit, fidelity and contract guarantee and commercial contingency insurance).



This report uses data from the Association of British Insurers (ABI) to gauge the size of the commercial insurance market - the poor economic performance in the UK since the recession and the slow recovery has hampered the market's growth potential, and gross written premiums for the entire market have contracted by 2.3% between 2009 and 2013.

Claims data are also analysed in this report, particularly in relation to the effects on companies of the August 2011 riots in English cities and the severe weather that battered the UK over the 2013/2014 winter. Government and industry reactions and proposals resulting from the claims surrounding these events are also detailed in this report.


This report has analysed each of the individual sectors of the market in the report, using both ABI data and by examining current issues within the market, including registrations of new commercial vehicles; construction output in the UK; the latest employment figures and other economic data; the level of business investment; and business confidence. This has helped to not only provide the size of the market over the past 5 years, but has also been used to make projections for the 5 years to 2018. Gross written premiums are forecast to increase by 3.8% over the next 5 years as the economy gets back on track and the UK's companies begin to recover and return to investment-led growth.

Companies Mentioned

- AIG Europe Ltd

- AXA Insurance UK PLC

- Ageas Insurance Ltd

- Allianz Insurance PLC

- Aviva PLC

- Liberty Mutual Insurance Europe Ltd

- Liverpool Victoria Insurance Company Ltd

- National Farmers Union Mutual Insurance Society Ltd (The)

- QBE Insurance (Europe) Ltd

- RSA (News - Alert) Insurance Group PLC

- Zurich Insurance PLC

For more information visit http://www.researchandmarkets.com/research/srqxxr/commercial


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