Monday, 9 December 2013

Creditor Insurance In The UK - Key Trends And Opportunities To 2017-Market Research Reports.Biz

New Market Research Report Added in MarketResearchReports.Biz Reports Database:Creditor Insurance In The UK - Key Trends And Opportunities To 2017


The report provides market analysis, information and insights into the UK creditor insurance business
Provides a snapshot of market size and market segmentation
Comprehensive analysis of claims, drivers and market outlook
Analysis of distribution channels
Deals, news and regulatory developments

To know the complete report:-

Executive summary

Creditor insurance protects policyholders against the risk of debt non-payment in the event of sickness or unemployment. The category has been thrust into an unfavorable spotlight following widespread controversy over the selling practices of payment protection policies by retail banks, the primary distributor of the product. The bank-led distribution model means that insurers constitute only a small proportion of the estimated GBP5 billion market. Gross written premiums reported in annual regulatory returns totaled GBP711 billion in 2012, and fell by 7.9% from a year earlier. Underscoring the process of consolidation in the category, premiums have fallen at a compound annual growth rate (CAGR) of -7.4% since 2008. The review period was characterized by recession and high unemployment. Despite economic uncertainty and rising job insecurity, which should have supported demand for creditor insurance, growth in the category was impaired by a combination of regulatory intervention, negative press coverage and customer resentment. In addition, lengthy investigations and a costly redress program triggered banks to withdraw from the distribution process.


This report provides market analysis, information and insights into the UK creditor insurance business
It provides a global snapshot of market size
It analyses drivers and the outlook for the market
It provides information on distribution channels
It covers deals, news and regulatory developments

Click Here To Download Sample Report:- 

Reasons to buy

Gain an understanding of UK creditor insurance market size
Learn about the performance of market drivers and distribution channels
Understand the competitive landscape in terms of performance, profitability and product innovation
Find out more on key deals and recent developments in the market

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