UK Home Insurance Market Research Report 2024: Premiums are Set to Pick up Due to a Rise in Claims and Material Costs - Forecasts to 2029


Dublin, Nov. 12, 2024 (GLOBE NEWSWIRE) -- The "Home Insurance in the UK - Market Research Report (2014-2029)" report has been added to ResearchAndMarkets.com's offering.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Over the five years through 2023-24, the Home Insurance industry's revenue is anticipated to decline at a compound annual rate of 1.9% to £5.2 billion, including growth of 2.1% in 2023-24. Revenue is comprised of premium income and investment income. Insurers must maintain enough capital reserves to meet liabilities in the event of a claim; insurers invest premium income in a diverse range of asset classes to gain a return.

Companies in this industry underwrite home insurance policies. This means they assume the risk for the insurance and decide the appropriate premium. These policies protect against loss of or damage to property and contents due to theft, fire and other causes.

Key Topics Covered:

About this Industry

  • Industry Definition
  • Main Activities
  • Similar Industries
  • Additional Resources

Industry at a Glance

Industry Performance

  • Executive Summary
  • Key External Drivers
  • Current Performance
  • Industry Outlook
  • Industry Life Cycle

Products & Markets

  • Supply Chain
  • Products & Services
  • Major Markets
  • Globalisation & Trade
  • Business Locations

Competitive Landscape

  • Market Share Concentration
  • Key Success Factors
  • Cost Structure Benchmarks
  • Barriers to Entry

Major Companies

  • RSA Insurance Group Ltd
  • Direct Line Insurance Group plc
  • Lloyds Banking Group plc
  • Aviva plc
  • AXA Insurance UK plc

Operating Conditions

  • Capital Intensity

Key Statistics

  • Industry Data
  • Annual Change
  • Key Ratios

Jargon & Glossary

For more information about this report visit https://www.researchandmarkets.com/r/9p35xh

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