UK Group Risk Insurance Market Examined in New Timetric Report Available at MarketPublishers.com21 Oct 2014 • by Natalie Aster
LONDON - In 2012, new business premiums in the group risk insurance category increased by approximately 36 percent in the UK. However, they dropped by just below 3 percent a year later.
In 2012 and 2013, more than a half of group risk insurers reached solid results. In 2009-2013, a CAGR of the group risk insurance category was no more than 1 percent. As a result, the category reached a value of more than GBP 293 million in 2013.
Group risk benefits are forecast to gain relevance amongst employees since the latter ones aim to reduce costs associated with sickness absence as well as improve staff retention.
New cutting-edge market research report “Group Risk Insurance in the UK, Key Trends and Opportunities to 2018” worked out by Timetric offers a deep analysis of the group risk insurance market in the UK.
The study contains comprehensive examination of the market: it uncovers market size, offers details on claims, discusses market drivers and distribution channels and provides insightful market outlook. It analyses the competitive landscape and reviews best performers of 2013, unveils product innovations and includes SWOT analysis of group risk insurance. Historical and forecast figures as well as information on key market challenges can be also found in the report. The study summarizes news, deals and regulatory changes. Besides, it covers economic backdrop and profiles such players as Standard Life Plc, Unum Ltd, HSBC Holdings Plc, Aviva Plc, among others.
Group Risk Insurance in the UK, Key Trends and Opportunities to 2018
Published: October, 2014
Price: US$ 2,795.00
Other insurance market research reports by Timetric comprise:
- Life Insurance in the UK, Key Trends and Opportunities to 2018
- Life Insurance in Germany, Key Trends and Opportunities to 2018
- Life Insurance in France, Key Trends and Opportunities to 2018
- Life Insurance in Hungary, Key Trends and Opportunities to 2018
More new market research studies by the publisher can be found at Timetric page.