Public and Product Liability Insurance in the UK, Key Trends and Opportunities to 2017

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1 Brochure More information from Public and Product Liability Insurance in the UK, Key Trends and Opportunities to 2017 Description: - The report provides market analysis, information and insights into the UK public and product liability insurance business. - It provides a snapshot of market size and market dynamics. - It offers a comprehensive analysis of claims, drivers and market outlook. - It provides an analysis of distribution channels. - It summarises deals, news and regulatory developments. Summary The public and product liability category grew at a compound annual growth rate (CAGR) of 8.8% during the review period, reaching GBP2.9 billion in This growth was triggered by an increase in the number of personal injury compensation claims and the rising costs of medical care and civil litigation. Public and product liability insurance premiums increased by 8.6% in 2012, further rising by 19.5% in The strengthening economy, an increase in the number of private-sector businesses and a pick-up in retail and manufacturers product sales have all contributed to premium growth in the category. Scope - This report provides a comprehensive analysis of the public and product liability insurance market in the UK. - It provides historical values for the UK public and products liability insurance market for the report s review period and forecast figures for the forecast period. - It offers estimates of gross written premiums generated in the market. - It provides an overview of claims, market dynamics and market drivers. - It profiles top public and product liability insurers in the UK and outlines the key challenges faced in the market. Reasons To Buy - Gain an understanding of the UK public and product liability insurance market. - Learn about the performance of market drivers and distribution channels. - Understand the competitive landscape in terms of performance, profitability and product innovation. - Find out more on key deals and recent developments in the market. Key Highlights - Premium growth was prompted by the rise in personal injury claims. - Improving business confidence is expected to support SME demand for liability insurance. - The Jackson reforms have changed the landscape for compensation claims. - Commercial brokers are threatened by the growing online distribution channel. - The category is expected to record a CAGR of 8.6% during the forecast period. Contents: 1 Executive Summary List of Figures List of Tables 2 Introduction 2.1 What is this Report About? 2.2 Definitions 2.3 Methodology 3 Market Analysis 3.1 Market Size Penetration and density 3.2 Claims Claims review Claims outlook 3.3 Market Drivers

2 3.4 Market Outlook 3.5 Distribution Channels 4 Competitive Landscape 4.1 Review The Best Performers of Product Innovation 4.3 Public and Product Liability Insurance SWOT Analysis 5 Porter s Five Forces Analysis 5.1 Bargaining Power of Suppliers: Medium to High 5.2 Bargaining Power of Buyers: Low to Medium 5.3 Barriers to Entry: Medium to High 5.4 Intensity of Rivalry: Medium 5.5 Threat of Substitutes: Low to Medium 6 Deals and News 6.1 Zurich Launches New SME Trading Platform 6.2 MoJ Plans to Strike Out Legislation for Fraudulent Claims 6.3 BIBA Launches New Voluntary Sector Insurance Guide 6.4 Hip Replacement Ruling has a Major Impact on Product Liability Insurers 6.5 Allianz and Marsh Networks Extend SME Products Deal 7 Regulation and Compliance 7.1 Regulatory Changes The Legal Aid, Sentencing and Punishment of Offenders Act (LASPO) The MoJ online portal extension New forthcoming EU food labeling regulation Solvency II 8 Economic Backdrop 8.1 Real GDP Growth 8.2 Number of Businesses 8.3 UK Manufacturers Product Sales 8.4 Retail Sales 8.5 Labor Market Conditions 8.6 Inflation and Average Earnings 9 Company Profiles 9.1 ACE European Group Ltd Company Overview ACE European Group Ltd key facts ACE European Group Ltd main products ACE European Group Ltd main competitors ACE European Group Ltd key employees 9.2 AIG Europe Ltd Company Overview AIG Europe Ltd key facts AIG Europe Ltd main products AIG Europe Ltd main competitors AIG Europe Ltd key employees 9.3 Aviva Plc Company Overview Aviva Plc key facts Aviva Plc main products Aviva Plc main competitors Aviva Plc key employees 9.4 Axa UK Plc Company Overview Axa UK Plc key facts Axa UK Plc main products Axa UK Plc main competitors Axa UK Plc key employees 9.5 Direct Line Insurance Group Plc Company Overview Direct Line Insurance Group Plc key facts Direct Line Insurance Group Plc main products Direct Line Insurance Group Plc main competitors Direct Line Insurance Group Plc key employees 9.6 Great Lakes Reinsurance (UK) Plc Company Overview Great Lakes Reinsurance (UK) Plc key facts Great Lakes Reinsurance (UK) Plc main products Great Lakes Reinsurance (UK) Plc main competitors Great Lakes Reinsurance (UK) Plc key employees 9.7 QBE Insurance (Europe) Ltd Company Overview

3 9.7.1 QBE Insurance (Europe) Ltd key facts QBE Insurance (Europe) Ltd main products QBE Insurance (Europe) Ltd main competitors QBE Insurance (Europe) Ltd key employees 9.8 Royal & Sun Alliance Insurance Plc Company Overview Royal & Sun Alliance Insurance Plc key facts Royal & Sun Alliance Insurance Plc main products Royal & Sun Alliance Insurance Plc main competitors Royal & Sun Alliance Insurance Plc key employees 9.9 XL Group Plc Company Overview XL Group Plc key facts XL Group Plc main products XL Group Plc main competitors XL Group Plc key employees 9.10 Zurich Insurance Plc Company Overview Zurich Insurance Plc key facts Zurich Insurance Plc main products Zurich Insurance Plc main competitors Zurich Insurance Plc key employees 10 Statistics 10.1 Review Period 10.2 Forecast Period 11 Appendix 11.1 Methodology 11.2 Contact Timetric 11.3 About Timetric 11.4 Timetric s Services 11.5 Disclaimer List of Tables Table 1: Insurance Industry Definitions Table 2: UK Public and Product Liability Insurance Market Summary, Table 3: Public and Product Liability Insurance SWOT Analysis Table 4: ACE European Group Ltd Key Facts Table 5: ACE European Group Ltd Main Products Table 6: ACE European Group Ltd Key Employees Table 7: AIG Europe Ltd Key Facts Table 8: AIG Europe Ltd Main Products Table 9: AIG Europe Ltd Key Employees Table 10: Aviva Plc Key Facts Table 11: Aviva Plc Main Products Table 12: Aviva Plc Key Employees Table 13: Axa UK Plc Key Facts Table 14: Axa UK Plc Main Products Table 15: Axa UK Plc Key Employees Table 16: Direct Line Insurance Group Plc Key Facts Table 17: Direct Line Insurance Group Plc Main Products Table 18: Direct Line Insurance Group Plc Key Employees Table 19: Great Lakes Reinsurance (UK) Plc Key Facts Table 20: Great Lakes Reinsurance (UK) Plc Main Products Table 21: Great Lakes Reinsurance (UK) Plc Key Employees Table 22: QBE Insurance (Europe) Ltd Key Facts Table 23: QBE Insurance (Europe) Ltd Main Products Table 24: QBE Insurance (Europe) Ltd Key Employees Table 25: Royal & Sun Alliance Insurance Plc Key Facts Table 26: Royal & Sun Alliance Insurance Plc Main Products Table 27: Royal & Sun Alliance Insurance Plc Key Employees Table 28: XL Group Plc Key Facts Table 29: XL Group Plc Main Products Table 30: XL Group Plc Key Employees Table 31: Zurich Insurance Plc Key Facts Table 32: Zurich Insurance Plc Main Products Table 33: Zurich Insurance Plc Key Employees

4 Table 34: UK Public and Product Liability Insurance Historical Statistics, Table 35: UK Public and Product Liability Insurance Forecast Statistics, List of Figures Figure 1: UK Public and Product Liability Insurance Gross Written Premiums (GBP Million), Figure 2: UK Public and Product Liability Insurance Share of Commercial Liability Market (%), Figure 3: UK Public and Product Liability Insurance Penetration Rate (%) and Density (GBP), Figure 4: Number of Personal Injury Claims Registered to Compensation Recovery Unit by Type, 2006/ /2013 Figure 5: Trend of UK Business Confidence, Q Q Figure 6: UK Public and Product Liability Insurance Gross Written Premiums Forecast (GBP Million), Figure 7: UK Commissions Paid by Commercial Liability Insurers (GBP Million), Figure 8: UK Market Shares of the Top 10 Public and Product Liability Insurers (%), 2013 Figure 9: UK Public and Product Liability Insurance Five Forces Analysis, 2012 Figure 10: The UK s Insurance Regulatory Framework Figure 11: UK Real GDP (Million) and Quarter-on-Quarter Growth (%), Figure 12: Number of Businesses in the UK Private Sector (Millions), Figure 13: Total Value of UK Manufacturers Product Sales (GBP Billion), Figure 14: Retail Sales Value and Volume (Index, 2010=100), April 2005 April 2014 Figure 15: Employment and Unemployment Rates (%), Figure 16: UK Average Earnings and Consumer Prices Annual Growth Rates (%), Ordering: Order Online - Order by Fax - using the form below Order by Post - print the order form below and send to Research and Markets, Guinness Centre, Taylors Lane, Dublin 8, Ireland.

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