Recent Study: Life Insurance in the United Kingdom
Recently published research from MarketLine, "Life Insurance in the United Kingdom", is now available at Fast Market Research
[USPRwire, Tue Feb 17 2015] Life Insurance in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: market size (value 2010-14, and forecast to 2019). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Essential resource for top-line data and analysis covering the United Kingdom life insurance market. Includes market size data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.
* The value of the life insurance market is shown in terms of gross premium incomes from mortality protection and retirement savings plans. All currency conversions have been calculated using constant 2013 annual average exchange rates. The insurance market depends on a variety of economic and non-economic factors and future performance is difficult to predict. The forecast given in this report is not based on a complex economic model, but is intended as a rough guide to the direction in which the market is likely to move.
* The UK life insurance market is expected to generate total gross written premiums of $240.3bn in 2014, representing a compound annual growth rate (CAGR) of 4.3% between 2010 and 2014.
* The life insurance segment is expected to be the market's most lucrative in 2014, with total gross written premiums of $193.1bn, equivalent to 80.4% of the market's overall value.
* The performance of the market is forecast to decelerate, with an anticipated CAGR of 3.9% for the five-year period 2014 - 2019, which is expected to drive the market to a value of $290.4bn by the end of 2019.
Report Features and Benefits
Save time carrying out entry-level research by identifying the size, growth, and leading players in the life insurance market in the United Kingdom
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the life insurance market in the United Kingdom
Leading company profiles reveal details of key life insurance market players' global operations and financial performance
Add weight to presentations and pitches by understanding the future growth prospects of the United Kingdom life insurance market with five year forecasts
Macroeconomic indicators provide insight into general trends within the United Kingdom economy
Key Questions Answered
What was the size of the United Kingdom life insurance market by value in 2014?
What will be the size of the United Kingdom life insurance market in 2019?
What factors are affecting the strength of competition in the United Kingdom life insurance market?
How has the market performed over the last five years?
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