Life Insurance in the UK, Key Trends and Opportunities to 2020
Timetric’s 'Life Insurance in the UK, Key Trends and Opportunities to 2020' report provides a detailed outlook by product category for the UK life insurance segment, and a comparison of the UK insurance industry with its regional counterparts.
It provides key performance indicators such as written premium, incurred loss, loss ratio, commissions and expenses, total assets, total investment income and retentions during the review period (2011–2015) and forecast period (2015–2020).
The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of the UK economy and demographics, and provides detailed information on the competitive landscape in the country.
The report brings together Timetric’s research, modeling and analysis expertise, giving insurers access to information on segment dynamics and competitive advantages, and profiles of insurers operating in the country. The report also includes details of insurance regulations, and recent changes in the regulatory structure.
Timetric’s 'Life Insurance in the UK, Key Trends and Opportunities to 2020' report provides in-depth market analysis, information and insights into the UK life insurance segment, including:
An overview of the UK life insurance segment
The UK life insurance segment’s growth prospects by category
A comprehensive overview of the UK economy and demographics
A comparison of the UK life insurance segment with its regional counterparts
The various distribution channels in the UK life insurance segment
Details of the competitive landscape in the life insurance segment in the UK
Details of regulatory policy applicable to the UK insurance industry
This report provides a comprehensive analysis of the life insurance segment in the UK:
It provides historical values for the UK life insurance segment for the report’s 2011–2015 review period, and projected figures for the 2015–2020 forecast period.
It offers a detailed analysis of the key categories in the UK life insurance segment, and market forecasts to 2020.
It provides a comparison of the UK life insurance segment with its regional counterparts
It analyzes the various distribution channels for life insurance products in the UK.
It profiles the top life insurance companies in the UK and outlines the key regulations affecting them.
Reasons To Buy
Make strategic business decisions using in-depth historic and forecast market data related to the UK life insurance segment, and each category within it.
Understand the demand-side dynamics, key market trends and growth opportunities in the UK life insurance segment.
Assess the competitive dynamics in the life insurance segment.
Identify growth opportunities and market dynamics in key product categories.
Gain insights into key regulations governing the UK insurance industry, and their impact on companies and the industry's future.
Life insurance was the largest segment in the UK insurance industry, accounting for 64.1% of the overall gross written premium in 2015.
Group life insurance recorded positive growth compared to individual life insurance during the review period.
To ensure transparency, on November 30, 2016 the FCA proposed that retiring policyholders should have access to an annuity comparator before purchasing an annuity contract.
In 2015, ABI-registered life insurers accounted for 94.2% of the UK life gross written premium.
In 2016, the UK government cancelled plans to establish a secondary annuities market by 2017.