Market Report, "Pet Insurance in the UK, Key Trends and Opportunities to 2017", Published
Gross written premiums in the pet insurance category grew by 35.5% in absolute terms during the review period (2008-2012), making it the fastest-growing category of insurance sales. The category's expansion was promoted by rising veterinary fees and advances in veterinary treatment. Despite the recessionary environment and the squeeze on household incomes, demand for pet insurance remained strong during the review period. Lifestyle changes and an increase in the number of smaller households have made it more difficult to own a...
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