Published on March 12, 2014
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www.MarketResearchReports.com Introduction to Report Launch Date: March 7, 2014 Number of Pages: 61 Geography Coverage: United Kingdom Available Format: PDF Price For Single User License: USD 2,795 Price For Site License: USD 5,590 Price For Global User License: USD 8,385 Delivery Time: Within 24 Hours (During Working Days)
www.MarketResearchReports.com About the Report Premium growth in the professional indemnity insurance category remained soft during the review period (2008– 2012), and declined at a compound annual growth rate (CAGR) of 0.20%, as an increase in professional negligence court cases and the volume of registered professionals requiring cover was outweighed by the recessionary economic backdrop. Premiums rose by 2.8% in 2012, to a total of GBP2.05 billion, while a further GBP0.60 billion is estimated to have been underwritten by syndicates on the Lloyd’s market.
www.MarketResearchReports.com Research Findings The professional indemnity insurance category is projected to generate GBP2.33 billion in premiums by 2017 and premiums are forecast to rise at a CAGR of 2.57% over the forecast period (2013–2017), with growth expected on an annual basis. Professional bodies such as the Solicitors Regulation Authority (SRA), the Royal Institute of Chartered Surveyors (RICS) and the Association of Professional Financial Advisers (APFA) have expressed dismay at members’ ongoing struggles to obtain professional indemnity cover.
www.MarketResearchReports.com Research Findings Continues.. Stronger economic growth over the forecast period is expected to ease litigation and reduce claims costs. Nevertheless, the six-year statute of limitations means insurers remain liable for negligent acts which occurred during the recession. Muted growth was recorded during 2008–2012 Despite soft prices, insurance was difficult to obtain The category will benefit from favorable factors during the forecast period Capacity for higher-risk groups remains an issue Claims will be subject to upside pressures
www.MarketResearchReports.com Scope This report provides market analysis, information and insights into the UK professional indemnity insurance business It provides a snapshot of the market size It analyses drivers and the outlook for the market It provides information on distribution channels It covers deals, news and regulatory developments
www.MarketResearchReports.com Reasons To Buy Make strategic business decisions using in depth historic and forecast market data related to the Danish reinsurance segment and each sector within it Understand the demand-side dynamics, key market trends and growth opportunities within the Danish reinsurance segment Identify the growth opportunities and market dynamics within key product categories Gain insights into key regulations governing the Danish insurance industry and its impact on companies and the market's future
www.MarketResearchReports.com Report Coverage 1. Executive Summary 2. Introduction 3. Market Analysis 4. Competitive Landscape 5. Porter’s Five Forces Analysis 6. Deals 7. News 8. Regulation and Compliance 9. Macroeconomic Backdrop 10.Company Profiles 11.Statistics 12.Appendix For more details regarding Report coverage see the last slide All logos and Images mentioned on this slide belong to their respective owners.
www.MarketResearchReports.com Company Coverage 1. ACE European Group Ltd 2. AIG Europe Ltd 3. AmTrust Europe Ltd 4. Chubb Insurance Company of Europe SE 5. CNA Insurance Company Ltd 6. HCC International Insurance Company Plc 7. Hiscox Ltd 8. QBE Insurance (Europe) Ltd 9. Royal & Sun Alliance Insurance Plc 10. XL Group Plc 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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Professional Indemnity Insurance in the UK, Key Trends and Opportunities to 2017: Published: March 7, 2014: Content info: 61 Pages
Professional Indemnity Insurance in the UK, Key Trends and Opportunities to 2017 . Report Code: FS0113MR; Published: March 2014; Pages: 61
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Professional Indemnity Insurance in the UK, Key Trends and Opportunities to 2017 is a market research report available at US $2795 for a Single User PDF ...
Professional Indemnity Insurance in the UK, Key Trends and Opportunities to 2017 Professional indemnity is a growth category, with opportunities to expand into
Professional Indemnity Insurance in the UK, Key Trends and Opportunities to 2017 United Kingdom
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