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Group Risk Insurance in the UK, Key Trends and Opportunities to 2018

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www.MarketResearchReports.com Group Risk Insurance in the UK, Key Trends and Opportunities to 2018 Category : Banking & Finance All logos and Images mentioned on this slide belong to their respective owners.
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www.MarketResearchReports.com

Group Risk Insurance in the UK, Key Trends

and Opportunities to

2018

Category : Banking & Finance

All logos and Images mentioned on this slide belong to their respective owners.

www.MarketResearchReports.com

Introduction to Report

Launch Date: October 18, 2014

Number of Pages: 58

Geography Coverage: United Kingdom

Available Format: PDF

Price For Single User License: USD 2,795

Price For Site User License: USD 5,590

Price For Global User License: USD 8,385

Delivery Time: Within 24 Hours (During Working Days)

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About the Report

The report provides market analysis, information and insights into the UK group risk insurance business. New business premiums in the group risk insurance category grew by 35.8% in 2012, but fell by 2.9% in 2013.

This was a result of a sharp rise in new business at Friends Life in 2012 following its consolidation of Bupa’s protection business and Axa’s UK life business, and a subsequent decline in group protection sales reported by the insurer in the 2013 PRA returns.

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Key Highlights

The majority of group risk insurers achieved solid results in both 2012 and 2013, receiving a boost in new group protection sales due to the introduction of pension auto-enrolment from October 2012.

The group risk insurance category recorded a compound annual growth rate (CAGR) of 1.0% during the review period (2009–2013) to reach a value of GBP293.7 million in 2013.

Providers and advisers are expected to benefit from opportunities created by auto-enrolment, as more employers will be willing to consider a wider range of flexible benefits for their staff.

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Key Highlights Continues…

Group risk benefits, such as group income protection (IP), group critical illness (CI) or group life schemes, are expected to become more relevant to employers as they aim to reduce sickness absence costs and improve staff retention.

Protection providers deliver strong results in the group risk insurance category.

Auto-enrolment has the potential to widen the appeal of group risk benefits.

The government is launching a new Health and Work Service (HWS) initiative.

Online technical solutions are well received by intermediaries.

The category is forecast to expand at CAGR of 4.5% during the next five years.

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Scope:

This report provides a comprehensive analysis of the group risk insurance market in the UK.

It provides historical values for the UK group risk insurance market for the report’s 2009–2013 review period and forecast figures for the 2014–2018 forecast period.

It offers estimates of new business premiums collected in the market.

It provides an overview of market dynamics and market drivers.

It profiles top group risk insurers in the UK and outlines the key challenges faced in the market.

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Reasons To Buy:

Gain an understanding of the UK group risk insurance market.

Learn about the performance of market drivers, claims and market dynamics.

Explore group risk products and key providers in the category.

Find out more on key deals and recent developments in the market.

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Report Coverage

1. Executive Summary2. Introduction 3. Market Analysis4. Competitive Landscape5. Deals and News6. Regulation and Compliance 7. Economic Backdrop 8. Company Profiles9. Statistics10. Appendix

For more details regarding Report coverage see the last slide

All logos and Images mentioned on this slide belong to their respective owners.

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Company Coverage

1. Aviva Plc2. Canada Life Ltd3. Friends Life Group Ltd4. HSBC Holdings Plc 5. Legal & General Group Plc6. Lloyds Banking Group Plc 7. Standard Life Plc8. The Royal London Group9. Unum Ltd10. Wesleyan Assurance Society

For more details regarding Report coverage see the last slide

All logos and Images mentioned on this slide belong to their respective owners.

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Custom Research: Are you an industry professional, entrepreneur,

venture capitalist, investors and organization, then let us know your specific research requirements. Our goal is to cater to your requirements be it for a custom market research project, syndicated research report on a specific market or industry sector, newsletter creation, case study development or anything else related to marketing research.

For Any Customization Related query Visit IdeaCenter @http://www.marketresearchreports.com/idea-center

For regular industry updates subscribe to our newsletter at: http://www.marketresearchreports.com/subscribe-to-newsletter

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How To Buy This Report?

Visit following URL to see Table of Content and purchase this publication:

http://mrr.cm/ZKd

About Market Research Reports, Inc.Market Research Reports provides a customized set of reports from reputed Publishers, built on the intelligence available within organizations and leverages on our motto of “Intelligence Redefined”.

Contact : Amitava SenEmail : [email protected]: +1 302-703-7787 (USA) +91-8762746600 (India)


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