1. Market Research
  2. > Financial Services
  3. > Insurance Market Trends
  4. > UK Commercial Insurance: 2012 Performance Review

UK Commercial Insurance: 2012 Performance Review

  • June 2013
  • -
  • GlobalData
  • -
  • 11 pages

Summary
2012 was a tough year for the commercial insurance market, with personal injury claims rising in motor, deafness claims spiraling in liability, and the UK's second wettest year on record impacting on property insurance. While market-wide movement on rates cannot be depended on, insurers must look to their own operations, efficiencies, and strategies for a path to sustainable growth.


Synopsis
- Compare a whole market view, informed by a series of insurer interviews, against your own experience and expectations of commercial lines performance.
- Identify the key competitors in the commercial market and benchmark their performance against your own.

Reasons To Buy
- Which competitors outperformed the market in terms of book growth and control of costs and where was this growth found?
- How has the commercial insurance market performed and how does this compare when benchmarked to your experience?

Key Highlights
With volumes largely flat, action on rates in 2012 accounted for a 2.3% increase in GWP and a 3.1 point improvement in COR for the market.

AXA and QBE posted impressive growth and Aviva performed solidly, but Allianz was the only top 10 insurer to record a sub-100% COR in 2012.

Commercial motor saw the greatest rate increases in 2012, driven by personal injury costs and claims per accident as well as hardening reinsurance rates.

Table Of Contents

UK Commercial Insurance: 2012 Performance Review

View This Report »

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 24 Million searchable statistics with tables, figures & datasets
  • More than 10,000 trusted sources
24/7 Customer Support

Talk to Ahmad

+1 718 618 4302

Purchase Reports From Reputable Market Research Publishers
Insurance Brokers UK Industry Report

Insurance Brokers UK Industry Report

  • $ 449
  • Industry report
  • February 2017
  • by Plimsoll Publishing Ltd UK

Plimsoll’s UK Insurance Brokers (UK) analysis is the most definitive and accurate study of the Insurance Brokers (UK) sector in 2016. The report is split into two sections and uses both a written and ...

General Insurance UK Industry Report

General Insurance UK Industry Report

  • $ 449
  • Industry report
  • February 2017
  • by Plimsoll Publishing Ltd UK

Plimsoll’s UK General Insurance (UK) analysis is the most definitive and accurate study of the General Insurance (UK) sector in 2016. The report is split into two sections and uses both a written and ...

UK SME Insurance: The Direct Channel 2016

UK SME Insurance: The Direct Channel 2016

  • $ 1295
  • Industry report
  • November 2016
  • by GlobalData

Summary Changes in SME distribution are primarily being driven by shifting preferences in purchasing method as opposed to channel. The preference towards online purchasing initially provided the direct ...


Download Unlimited Documents from Trusted Public Sources

Insurance Industry in the US

  • February 2017
    19 pages
  • Insurance  

  • United States  

View report >

Global Cargo Insurance Industry

  • February 2017
    7 pages
  • Cargo Insurance  

  • United States  

View report >

Insurance Statistics in the US

  • February 2017
    7 pages
  • Insurance  

  • United States  

    North America  

View report >

Related Market Segments :

Business Insurance

ref:plp2013

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.