Personal Accident and Health Insurance in the United Kingdom, Key Trends and Opportunities to 2017

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Naperville, IL -- (SBWire) -- 09/04/2013 --Reportstack, provider of premium market research reports announces the addition of Personal Accident and Health Insurance in the United Kingdom, Key Trends and Opportunities to 2017 market report to its offering
The UKs personal accident and health insurance segment is the smallest segment in terms of gross written premium in the countrys insurance industry. During the review period, the countrys increasing overall healthcare expenditure and deficiencies related to the provision of care by the National Health Service (NHS) stimulated growth in the health insurance category. As a result of initiatives by the UK Competition Commission, private healthcare companies in the country are expected to be forced to provide comparable quality and cost information to ensure fair competition. Over the forecast period, personal accident and health insurance growth is expected to be driven by the health insurance category which accounted for the largest market share of 66.7% in 2012. Overall, the value of the segment is expected to increase at a CAGR of 2.4%.

Scope
This report provides a comprehensive analysis of the personal accident and health insurance segment in the United Kingdom:
It provides historical values for the UK personal accident and health insurance segment for the reports 2008-2012 review period and forecast figures for the 2012-2017 forecast period
It offers a detailed analysis of the key sub-segments in the UK personal accident and health insurance segment, along with market forecasts until 2017
It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, frauds and crimes, total assets, total investment income and retentions
It analyses the various distribution channels for personal accident and health insurance products in the United Kingdom
Using Porters industry-standard Five Forces analysis, it details the competitive landscape in the United Kingdom for the personal accident and health insurance business
It provides a detailed analysis of the reinsurance segment in the United Kingdom and its growth prospects
It profiles the top personal accident and health insurance companies in the UK and outlines the key regulations affecting them

Reasons to Buy
Make strategic business decisions using historic and forecast market data related to the UK personal accident and health insurance segment and each sector within it
Understand the demand-side dynamics, key market trends and growth opportunities within the UK personal accident and health insurance segment
Assess the competitive dynamics in the personal accident and health insurance segment, along with the reinsurance segment
Identify the growth opportunities and dynamics within key product categories
Gain insights into key regulations governing the UK insurance industry and its impact on companies and the future prospects of the industry

Key Highlights
The UK insurance industry is the largest insurance industry in Europe and the third largest in the world, in gross written premium terms, behind the US and Japan.
During the review period, the countrys increasing overall healthcare expenditure and deficiencies related to the provision of care by the National Health Service (NHS) stimulated growth in the health insurance category.
There is a high reliance on insurance brokers and, despite the UK having a highly developed banking industry and a high percentage of the countrys population banking online, the bancassurance channel only accounted for the third-highest proportion of personal accident and health insurance policies distributed in the UK.
Approximately 85% of the UKs healthcare expenses are government-funded and 15% is covered by private insurers.

Companies Mentioned

Aviva Plc
Axa UK Plc
Prudential Plc
AIG Europe Ltd
RSA Insurance Group Plc
Groupama Insurer Ltd
Cigna UK HealthCare Benefits

To view the table of contents for this market research report please visit
http://www.reportstack.com/product/140645/personal-accident-and-health-insurance-in-the-united-kingdom-key-trends-and-opportunities-to-2017.html

Media Relations Contact

Roger Campbell
Director of Marketing
http://www.reportstack.com

View this press release online at: http://rwire.com/316151