Non-Life Insurance in the United Kingdom (UK) - Market Summary, Competitive Analysis and Forecast to 2025
Non-Life Insurance in the United Kingdom (UK) - Market Summary, Competitive Analysis and Forecast to 2025
SUMMARY
Non-Life Insurance in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: market size (value 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
KEY HIGHLIGHTS
SUMMARY
Non-Life Insurance in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: market size (value 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
KEY HIGHLIGHTS
- The non-life insurance market consists of the general insurance market segmented into motor, property, liability and other insurance. The other segment is made up of non-life insurance products including health, travel, and accident cover among others. The value of the non-life insurance market is shown in terms of gross premium incomes. Gross premium income is defined as the insurer’s premium income for the year from its policies, calculated without reduction for reinsurance premiums paid or payable by the insurer.
- The UK non-life insurance market had total gross written premiums of $99.4bn in 2020, representing a compound annual growth rate (CAGR) of 2.5% between 2016 and 2020.
- The motor segment was the market's most lucrative in 2020, with total gross written premiums of $35.8bn, equivalent to 36% of the market's overall value.
- Looking forwards, the property segment of the UK non-life insurance market may benefit from the introduction of government initiatives to stimulate housing supply and encourage home ownership in the country.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the non-life insurance market in the United Kingdom
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the non-life insurance market in the United Kingdom
- Leading company profiles reveal details of key non-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 non-life insurance market with five year forecasts
- What was the size of the United Kingdom make-up market by value in 2020?
- What will be the size of the United Kingdom make-up market in 2025?
- What factors are affecting the strength of competition in the United Kingdom make-up market?
- How has the market performed over the last five years?
- Who are the top competitors in the United Kingdom's make-up market?
1 EXECUTIVE SUMMARY
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market share
1.6. Market rivalry
1.7. Competitive Landscape
2 MARKET OVERVIEW
2.1. Market definition
2.2. Market analysis
3 MARKET DATA
3.1. Market value
4 MARKET SEGMENTATION
4.1. Category segmentation
4.2. Geography segmentation
5 MARKET OUTLOOK
5.1. Market value forecast
6 FIVE FORCES ANALYSIS
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 COMPETITIVE LANDSCAPE
7.1. Market share
7.2. Who are the leading players?
7.3. What strategies do leading players follow?
7.4. How are leading players incorporating new technology into their business strategies?
7.5. Is there any important M&A activity on the horizon for next year?
7.6. How has the COVID-19 outbreak impacted the market?
8 COMPANY PROFILES
8.1. AXA SA
8.2. Aviva Plc
8.3. RSA Insurance Group Ltd
8.4. Direct Line Insurance Group Plc
9 MACROECONOMIC INDICATORS
9.1. Country data
10 APPENDIX
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market share
1.6. Market rivalry
1.7. Competitive Landscape
2 MARKET OVERVIEW
2.1. Market definition
2.2. Market analysis
3 MARKET DATA
3.1. Market value
4 MARKET SEGMENTATION
4.1. Category segmentation
4.2. Geography segmentation
5 MARKET OUTLOOK
5.1. Market value forecast
6 FIVE FORCES ANALYSIS
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 COMPETITIVE LANDSCAPE
7.1. Market share
7.2. Who are the leading players?
7.3. What strategies do leading players follow?
7.4. How are leading players incorporating new technology into their business strategies?
7.5. Is there any important M&A activity on the horizon for next year?
7.6. How has the COVID-19 outbreak impacted the market?
8 COMPANY PROFILES
8.1. AXA SA
8.2. Aviva Plc
8.3. RSA Insurance Group Ltd
8.4. Direct Line Insurance Group Plc
9 MACROECONOMIC INDICATORS
9.1. Country data
10 APPENDIX
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
LIST OF TABLES
Table 1: United Kingdom non-life insurance market value: $ billion, 2016–20
Table 2: United Kingdom non–life insurance market category segmentation: $ billion, 2020
Table 3: United Kingdom non–life insurance market geography segmentation: $ billion, 2020
Table 4: United Kingdom non-life insurance market value forecast: $ billion, 2020–25
Table 5: United Kingdom non-life insurance market share: % share, by value, 2020
Table 6: AXA SA: key facts
Table 7: AXA SA: Annual Financial Ratios
Table 8: AXA SA: Key Employees
Table 9: AXA SA: Key Employees Continued
Table 10: AXA SA: Key Employees Continued
Table 11: Aviva Plc: key facts
Table 12: Aviva Plc: Annual Financial Ratios
Table 13: Aviva Plc: Key Employees
Table 14: Aviva Plc: Key Employees Continued
Table 15: RSA Insurance Group Ltd: key facts
Table 16: RSA Insurance Group Ltd: Key Employees
Table 17: Direct Line Insurance Group Plc: key facts
Table 18: Direct Line Insurance Group Plc: Annual Financial Ratios
Table 19: Direct Line Insurance Group Plc: Key Employees
Table 20: United Kingdom size of population (million), 2016–20
Table 21: United Kingdom gdp (constant 2005 prices, $ billion), 2016–20
Table 22: United Kingdom gdp (current prices, $ billion), 2016–20
Table 23: United Kingdom inflation, 2016–20
Table 24: United Kingdom consumer price index (absolute), 2016–20
Table 25: United Kingdom exchange rate, 2016–20
Table 1: United Kingdom non-life insurance market value: $ billion, 2016–20
Table 2: United Kingdom non–life insurance market category segmentation: $ billion, 2020
Table 3: United Kingdom non–life insurance market geography segmentation: $ billion, 2020
Table 4: United Kingdom non-life insurance market value forecast: $ billion, 2020–25
Table 5: United Kingdom non-life insurance market share: % share, by value, 2020
Table 6: AXA SA: key facts
Table 7: AXA SA: Annual Financial Ratios
Table 8: AXA SA: Key Employees
Table 9: AXA SA: Key Employees Continued
Table 10: AXA SA: Key Employees Continued
Table 11: Aviva Plc: key facts
Table 12: Aviva Plc: Annual Financial Ratios
Table 13: Aviva Plc: Key Employees
Table 14: Aviva Plc: Key Employees Continued
Table 15: RSA Insurance Group Ltd: key facts
Table 16: RSA Insurance Group Ltd: Key Employees
Table 17: Direct Line Insurance Group Plc: key facts
Table 18: Direct Line Insurance Group Plc: Annual Financial Ratios
Table 19: Direct Line Insurance Group Plc: Key Employees
Table 20: United Kingdom size of population (million), 2016–20
Table 21: United Kingdom gdp (constant 2005 prices, $ billion), 2016–20
Table 22: United Kingdom gdp (current prices, $ billion), 2016–20
Table 23: United Kingdom inflation, 2016–20
Table 24: United Kingdom consumer price index (absolute), 2016–20
Table 25: United Kingdom exchange rate, 2016–20
LIST OF FIGURES
Figure 1: United Kingdom non-life insurance market value: $ billion, 2016–20
Figure 2: United Kingdom non–life insurance market category segmentation: % share, by value, 2020
Figure 3: United Kingdom non–life insurance market geography segmentation: % share, by value, 2020
Figure 4: United Kingdom non-life insurance market value forecast: $ billion, 2020–25
Figure 5: Forces driving competition in the non-life insurance market in the United Kingdom, 2020
Figure 6: Drivers of buyer power in the non-life insurance market in the United Kingdom, 2020
Figure 7: Drivers of supplier power in the non-life insurance market in the United Kingdom, 2020
Figure 8: Factors influencing the likelihood of new entrants in the non-life insurance market in the United Kingdom, 2020
Figure 9: Factors influencing the threat of substitutes in the non-life insurance market in the United Kingdom, 2020
Figure 10: Drivers of degree of rivalry in the non-life insurance market in the United Kingdom, 2020
Figure 11: United Kingdom non-life insurance market share: % share, by value, 2020
Figure 1: United Kingdom non-life insurance market value: $ billion, 2016–20
Figure 2: United Kingdom non–life insurance market category segmentation: % share, by value, 2020
Figure 3: United Kingdom non–life insurance market geography segmentation: % share, by value, 2020
Figure 4: United Kingdom non-life insurance market value forecast: $ billion, 2020–25
Figure 5: Forces driving competition in the non-life insurance market in the United Kingdom, 2020
Figure 6: Drivers of buyer power in the non-life insurance market in the United Kingdom, 2020
Figure 7: Drivers of supplier power in the non-life insurance market in the United Kingdom, 2020
Figure 8: Factors influencing the likelihood of new entrants in the non-life insurance market in the United Kingdom, 2020
Figure 9: Factors influencing the threat of substitutes in the non-life insurance market in the United Kingdom, 2020
Figure 10: Drivers of degree of rivalry in the non-life insurance market in the United Kingdom, 2020
Figure 11: United Kingdom non-life insurance market share: % share, by value, 2020
