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Growth Forecasts till 2010 for the Commercial Liability Insurance Sector...

Research and Markets (http://www.researchandmarkets.com/reports/c35696) has announced the addition of UK Commercial Liability Insurance 2006 to their offering.



An overview of three key UK liability markets: employers liability, professional indemnity and directors & officers.



Scope of this title:

Analysis of competitive issues within three key markets, supported by interviews with industry executives and data from a range of secondary sources

Sizes the employers liability, professional indemnity and directors and officers sectors, providing competitors GEP, market share and claims ratios data

Forecasts GWP growth up to and including 2010, based on Our in-house expertise and interviews with senior industry executives



Highlights of this title:

Most new entrants have ambitious premium income targets in order to cover their initial expense bases and will therefore write for top line growth in their first years. Having no established expertise in the market, pricing aggressively is the main competitive tool available to new entrants



It is believed that there are risk types within professional indemnity that are simple enough to be suited to direct selling, and it is therefore likely that some insurers will include professional indemnity insurance in their general push towards selling simpler commercial insurance policies direct



Given that the price hikes seen between 2001 and 2003 were deemed necessary for the profitability of the employers liability sector, and given that the sector had still not returned a positive underwriting result when the price increases came to a halt in 2004, the softening of rates in 2005 is clearly not sustainable



Reasons to order your copy:

Benchmark your performance against your competitors

Understand the current competitive environment of the liability market in 2005 and its likely development in the next couple of years

Develop your business strategy with confidence using these exclusive sector forecasts



Source: Datamonitor



For more information visit http://www.researchandmarkets.com/reports/c35696



Laura Wood

Senior Manager

Research and Markets

Fax: +353 1 4100 980

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