1. Market Research
  2. > Automotive
  3. > Auto Services
  4. > Auto Insurance Market Trends
  5. > UK Commercial Motor Insurance: Competitor Dynamics, Verdict

Summary
The commercial motor insurance market remains unprofitable and under pressure to see through sufficient rate increases. Reported year COR for the line presented a better picture in 2012, reflected in improving operating ratios for eight of the top 10 insurers. However, reserve releases played a significant role in this, with underlying market performance found to be slightly weaker than in 2011.


Synopsis
- Gauge the performance of the top commercial motor insurers by GWP growth and market share across fleet and non-fleet segments.
- Gain insight into which market players have achieved sustainable growth, with analysis of combined, loss, commission, and management cost ratios.
- See which insurers were the most selected provider for commercial motor insurance by surveyed brokers and SME businesses.

Reasons To Buy
- Which companies were the top players in the commercial motor insurance market in 2012?
- How profitable were the top commercial property insurers in 2012?
- In which areas of performance have the top 10 insurers improved and where is further action needed in 2013?

Key Highlights
A majority of the commercial motor insurance market's top 10 competitors by GWP were unable to achieve CORs below 100% in 2012. Only Direct Line Group (with a COR of 61.9%) and Allianz (80.6%) succeeded in this task.

Direct Line Group continues to lag in comparison to the top 10 on expense ratio, which in 2012 remained the highest among this group at 36.7%.

Allianz continued to improve COR figures with reserve releases in 2012, but this bolstered a fundamentally profitable book, with underwriting profit increasing.

Table Of Contents

UK Commercial Motor Insurance: Competitor Dynamics, Verdict

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
UK Commercial Motor Insurance: Market Dynamics and Opportunities, Verdict Financial

UK Commercial Motor Insurance: Market Dynamics and Opportunities, Verdict Financial

  • $ 3450
  • Industry report
  • July 2016
  • by Global Data

Summary The commercial motor insurance market grew slightly in 2015. This is a result of economic growth which has increased business prosperity and therefore the investment in commercial vehicles to support ...

2016 U.S. Commercial vehicle insurance products - premiums sold through Property & casualty insurance carriers-Product & Services Report

2016 U.S. Commercial vehicle insurance products - premiums sold through Property & casualty insurance carriers-Product & Services Report

  • $ 199
  • Industry report
  • April 2016
  • by Barnes Reports

The 2016 U.S. Commercial vehicle insurance products - premiums sold through Property & casualty insurance carriers-Product & Services Report, published annually by Barnes Reports, contains timely and accurate ...

Global Automotive Usage-Based Insurance Market 2017-2021

Global Automotive Usage-Based Insurance Market 2017-2021

  • $ 3500
  • Industry report
  • January 2017
  • by Infiniti Research Limited

About Automotive Usage-Based Insurance The global automotive UBI market is at a nascent stage and has low penetration in the overall automotive insurance market. The market is seeing an influx of new players ...


Download Unlimited Documents from Trusted Public Sources

Third Party Car Insurance Industry in the US - Forecast

  • January 2017
    8 pages
  • Third Party Car...  

  • United States  

View report >

Insurance Industry in the US

  • January 2017
    22 pages
  • Insurance  

    Auto Insurance  

  • United States  

    North America  

View report >

Insurance Markets in the UK

  • November 2016
    8 pages
  • Insurance  

    Insurance  

    Auto Insurance  

  • United Kingdom  

View report >

Related Market Segments :

Commercial Auto Insurance

ref:plp2013

Reportlinker.com © Copyright 2017. All rights reserved.

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