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Trends and Opportunities in the UK Life Insurance Industry to 2016: Market Profile

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Trends and Opportunities in the UK Life Insurance Industry to 2016: Market Profile Powered By Docstoc
					Trends and Opportunities in the UK Life Insurance Industry
to 2016: Market Profile
Published: May 2012                                                   No. of Pages: 129

Price: Single User: US $ 1000                                         Corporate User: US $ 2000




The report provides market analysis, information and insights into the UK life insurance market, including:

  * A description of the life insurance market in the UK
  * The UK life insurance market’s growth prospects by life insurance categories and customer segments
  * The various distribution channels in the UK life insurance market

Summary

Due to factors such as a decline in consumer confidence following the global financial crisis, the
sovereign debt crisis in the Euro zone and a decline in asset value, the value of the UK life insurance
segment declined continuously during the review period. Furthermore, the demand for long-term
insurance policies, which account for more than XX% of total UK life insurance premiums, declined
significantly during the review period. This decline was primarily attributable to a fall in consumer
confidence, increased unemployment, and a consumer preference for alternative investment options.
However, over the forecast period, the UK life insurance segment, which is the UK insurance industry’s
largest segment and is the world’s second-largest life insurance segment, is expected to recover due to
factors such as the UK’s aging population, a renewed demand for long-term life insurance products
supported by government initiatives, in the form of stricter regulatory regime, and an increase in the UK’s
per capita annual disposable income.

Scope

This report provides a comprehensive analysis of the life insurance market in the UK :

  * It provides historical values for the UK’s life insurance market for the report’s 2007–2011 review
period and forecast figures for the 2011–2016 forecast period
  * It offers a detailed analysis of the key sub-segments in the UK’s life insurance market, along with
market forecasts until 2016
  * It analyses the various distribution channels for life insurance products in the UK

Reasons to Buy

   * Make strategic business decisions using historic and forecast market data related to the UK life
insurance market
   * Understand the demand-side dynamics, key market trends and growth opportunities within the UK life
insurance market
   * Identify the growth opportunities and market dynamics within key product categories


UK Life Insurance Industry to 2016

Table of Contents
1 Introduction
1.1 What is this Report About?
1.2 Definitions
1.3 Methodology

2 The UK Insurance Industry Attractiveness
2.1 Insurance Industry Market Size, 2007-2016
2.2 Key Industry Trends and Drivers
2.2.1 Business drivers
2.2.2 Consumer drivers
2.3 Recent Market Developments

3 Life Insurance Segment Outlook
3.1 Life Insurance Growth Prospects by Category
3.1.1 Individual life insurance category
3.1.2 Individual general annuity category
3.1.3 Individual pension category
3.1.4 Individual unit-linked sub-category
3.1.5 Individual term life insurance category
3.1.6 Individual others category
3.1.7 Group life category
3.1.8 Group superannuation insurance category
3.2 Life Insurance Growth Prospects by Consumer Segment
3.2.1 Individual consumer segment
3.2.2 Individual single premium category
3.2.3 Individual non-single premium category
3.2.4 Group consumer segment
3.2.5 Group single premium category
3.2.6 Group non-single premium category

4 Analysis by Distribution Channel
4.1 Direct marketing channel
4.2 Bancassurance channel
4.3 Agencies channel
4.4 Other channel

5 Appendix
5.1 Methodology
5.2 Contact Us
5.3 About Timetric
5.4 Disclaimer

List of Tables

List of Figures

				
DOCUMENT INFO
Description: The report provides market analysis, information and insights into the UK life insurance market, including: * A description of the life insurance market in the UK * The UK life insurance market’s growth prospects by life insurance categories and customer segments * The various distribution channels in the UK life insurance market