Market Research Reports, Inc. has announced the addition of “Group Risk Insurance in the UK, Key Trends and Opportunities to 2018” research report to their offering. See more at- http://mrr.cm/ZKd

1. Category : Banking & Finance
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2. 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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3. 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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4. 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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5. 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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6. 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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7. 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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8. Report Coverage
1. Executive Summary
2. Introduction
3. Market Analysis
4. Competitive Landscape
5. Deals and News
6. Regulation and Compliance
7. Economic Backdrop
8. Company Profiles
9. Statistics
10. Appendix
For more details regarding Report coverage see the last slide
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9. Company Coverage
1. Aviva Plc
2. Canada Life Ltd
3. Friends Life Group Ltd
4. HSBC Holdings Plc
5. Legal & General Group Plc
6. Lloyds Banking Group Plc
7. Standard Life Plc
8. The Royal London Group
9. Unum Ltd
10. Wesleyan Assurance Society
For more details regarding Report coverage see the last slide
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11. 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.
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