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Life Insurance in the UK, Key Trends and Opportunities to
2018
Published: Jul 2014
Single User PDF: US$ 1950
Corporate User PDF: US$ 3900
Order this report by calling
+1 888 391 5441 or Send an email
to sales@marketreportsstore.com
with your contact details and
questions if any.
1
Life Insurance in the UK, Key Trends and Opportunities to 2018
Synopsis
The report provides in-depth market analysis, information and insights into the
UK life insurance segment, including:
The UK life insurance segment’s growth prospects by life insurance categories
Key trends and drivers for the life insurance segment
The various distribution channels in the UK life insurance segment
The detailed competitive landscape in the life insurance segment in the UK
Detailed regulatory policies of the UK insurance industry
A description of the life reinsurance segment in the UK
Porter's Five Forces analysis of the life insurance segment
A benchmarking section on the UK life insurance segment in comparison with
other countries with GWP>$150 billion
Call Now + 1 888 391 5441 | Email at sales@marketreportsstore.com
2
Life Insurance in the UK, Key Trends and Opportunities to 2018
Summary
The life insurance segment in the UK accounted for 69.3% of the total industry’s
gross written premium in 2013 after posting a review-period (2009–2013)
compound annual growth rate (CAGR) of 0.4%. The slower growth was
associated with lower consumer confidence after the global financial and
European debt crises, which led to a decline in the segment from 2008 until
2011. However, due to government actions and regulatory changes, the overall
life segment increased at a CAGR of 4.0% during 2011–2013. Group life
insurance recorded positive growth, although individual life insurance declined
due to low levels of confidence in investments, increased regulatory scrutiny by
the Financial Conduct Authority (FCA), and changes in pensions during the
review period.
Inquire Before buying this report @ http://marketreportsstore.com/inquire-
before-buying/?rname=15710 .
Call Now + 1 888 391 5441 | Email at sales@marketreportsstore.com
3
Life Insurance in the UK, Key Trends and Opportunities to 2018
Key highlights
The life insurance segment in the UK accounted for 69.3% of the total industry’s
gross written premium in 2013.
The life insurance segment in the UK is very well developed, with a high
penetration rate of 8.7% of GDP in 2013.
The introduction of the Retail Distribution Review (RDR) in December 2012, a
government initiative designed to increase consumer trust and confidence in
insurance products and services, is expected to drive future growth in the life
segment.
Group life insurance recorded positive growth when compared to individual life
insurance, due to the high volume of overseas business.
In 2014, the UK government announced changes in the pension regime,
including giving workers more control over their pension funds after retirement.
Complete reports is available @ http://marketreportsstore.com/life-insurance-
in-the-uk-key-trends-and-opportunities-to-2018/ .
Call Now + 1 888 391 5441 | Email at sales@marketreportsstore.com
4
Life Insurance in the UK, Key Trends and Opportunities to 2018
Reasons to buy
Make strategic business decisions using in depth historic and forecast market
data related to the UK life insurance segment and each category within it
Understand the demand-side dynamics, key market trends and growth
opportunities within the UK life insurance segment
Assess the competitive dynamics in the life insurance segment, along with the
reinsurance segment
Identify the growth opportunities and market dynamics within key product
categories
Gain insights into key regulations governing the UK insurance industry and its
impact on companies and the market's future
Buy the copy of this report @
http://marketreportsstore.com/purchase?rname=15710 .
Call Now + 1 888 391 5441 | Email at sales@marketreportsstore.com
5
Life Insurance in the UK, Key Trends and Opportunities to 2018
About Us
MarketReportsStore.com is an online market research reports library of 250,000+ in-
depth studies of over 5000 micro markets. Our database includes reports by leading
publishers from across the globe. We provide 24/7 online and offline support service to
our customers. RnR Market Research also offers company data, country profiles, trends,
information and analysis on the sector of your interest.
Visit Us @
http://marketreportsstore.com
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Call Now + 1 888 391 5441 | Email at sales@marketreportsstore.com 6

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UK Life Insurance Market - Forecast to 2018

  • 1. Life Insurance in the UK, Key Trends and Opportunities to 2018 Published: Jul 2014 Single User PDF: US$ 1950 Corporate User PDF: US$ 3900 Order this report by calling +1 888 391 5441 or Send an email to sales@marketreportsstore.com with your contact details and questions if any. 1
  • 2. Life Insurance in the UK, Key Trends and Opportunities to 2018 Synopsis The report provides in-depth market analysis, information and insights into the UK life insurance segment, including: The UK life insurance segment’s growth prospects by life insurance categories Key trends and drivers for the life insurance segment The various distribution channels in the UK life insurance segment The detailed competitive landscape in the life insurance segment in the UK Detailed regulatory policies of the UK insurance industry A description of the life reinsurance segment in the UK Porter's Five Forces analysis of the life insurance segment A benchmarking section on the UK life insurance segment in comparison with other countries with GWP>$150 billion Call Now + 1 888 391 5441 | Email at sales@marketreportsstore.com 2
  • 3. Life Insurance in the UK, Key Trends and Opportunities to 2018 Summary The life insurance segment in the UK accounted for 69.3% of the total industry’s gross written premium in 2013 after posting a review-period (2009–2013) compound annual growth rate (CAGR) of 0.4%. The slower growth was associated with lower consumer confidence after the global financial and European debt crises, which led to a decline in the segment from 2008 until 2011. However, due to government actions and regulatory changes, the overall life segment increased at a CAGR of 4.0% during 2011–2013. Group life insurance recorded positive growth, although individual life insurance declined due to low levels of confidence in investments, increased regulatory scrutiny by the Financial Conduct Authority (FCA), and changes in pensions during the review period. Inquire Before buying this report @ http://marketreportsstore.com/inquire- before-buying/?rname=15710 . Call Now + 1 888 391 5441 | Email at sales@marketreportsstore.com 3
  • 4. Life Insurance in the UK, Key Trends and Opportunities to 2018 Key highlights The life insurance segment in the UK accounted for 69.3% of the total industry’s gross written premium in 2013. The life insurance segment in the UK is very well developed, with a high penetration rate of 8.7% of GDP in 2013. The introduction of the Retail Distribution Review (RDR) in December 2012, a government initiative designed to increase consumer trust and confidence in insurance products and services, is expected to drive future growth in the life segment. Group life insurance recorded positive growth when compared to individual life insurance, due to the high volume of overseas business. In 2014, the UK government announced changes in the pension regime, including giving workers more control over their pension funds after retirement. Complete reports is available @ http://marketreportsstore.com/life-insurance- in-the-uk-key-trends-and-opportunities-to-2018/ . Call Now + 1 888 391 5441 | Email at sales@marketreportsstore.com 4
  • 5. Life Insurance in the UK, Key Trends and Opportunities to 2018 Reasons to buy Make strategic business decisions using in depth historic and forecast market data related to the UK life insurance segment and each category within it Understand the demand-side dynamics, key market trends and growth opportunities within the UK life insurance segment Assess the competitive dynamics in the life insurance segment, along with the reinsurance segment Identify the growth opportunities and market dynamics within key product categories Gain insights into key regulations governing the UK insurance industry and its impact on companies and the market's future Buy the copy of this report @ http://marketreportsstore.com/purchase?rname=15710 . Call Now + 1 888 391 5441 | Email at sales@marketreportsstore.com 5
  • 6. Life Insurance in the UK, Key Trends and Opportunities to 2018 About Us MarketReportsStore.com is an online market research reports library of 250,000+ in- depth studies of over 5000 micro markets. Our database includes reports by leading publishers from across the globe. We provide 24/7 online and offline support service to our customers. RnR Market Research also offers company data, country profiles, trends, information and analysis on the sector of your interest. Visit Us @ http://marketreportsstore.com Follow Us: Call Now + 1 888 391 5441 | Email at sales@marketreportsstore.com 6