UK Travel Insurance - Market Competitor Dynamics Report 2016
The UK travel insurance sector reported a decline in performance in 2015 compared to the previous year and remains a fiercely competitive space, with insurers struggling to increase profitability. The competitor landscape sits in a reasonably top-heavy state, with the top five insurers alone accounting for two thirds of gross written premiums (GWP). However, performance within this group and the market in general has been sluggish, with the market seeing consistent decline since 2013 as various players books have grown...
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