Questions? +1 (202) 335-3939 Login
Trusted News Since 1995
A service for banking industry professionals · Thursday, March 28, 2024 · 699,539,515 Articles · 3+ Million Readers

UK Employers’ Liability Market 2017 - Current and Future Plans

UK Employers’ Liability Insurance

PUNE, MAHARASHTRA, INDIA, October 24, 2017 /EINPresswire.com/ --

SUMMARY

WiseGuyReports published new report, titled “UK Employers’ Liability Insurance”

"UK Employers’ Liability Insurance: Market Dynamics and Opportunities 2017", report tracks the health and the shape of the UK employers’ liability market, taking into account market size, profitability and performance ratios, and the claims environment. The context of the UK’s economic growth, business landscape, and the impact of a post-Brexit environment are all taken into consideration to build a full picture of this space. Key announcements, shifts in the market, and likely future changes are analyzed for impact across all relevant stakeholders.
The unexpected extent of changes to the Ogden rate has shaken the employers’ liability (EL) market. Premium rate rises have been forced on a sector characterized by over-capacity and high levels of competition. In spite of recent rate increases, underlying market dynamics persist, and the sector faces a period of continued turbulence due to uncertainties over key pieces of legislation and the performance of the economy.

GET SAMPLE REPORT @ https://www.wiseguyreports.com/sample-request/2401018-uk-employers-liability-insurance-market-dynamics-and-opportunities-2017

Scope

- UK EL market gross written premium (GWP) contracted by 7.4% in 2016.
- Insurers have responded to the 2017 discount rate change with significant reserve strengthening and premium rate rises, which has led to estimates of more robust GWP growth.
- The number of accident and disease EL claims recorded fell significantly in 2016-17 (-15.2%) as a result of the impact of the LASPO spike.
- Noise-induced hearing loss claims waned in combination with continued improvements in workplace health and safety.

Key points to buy

- Review your strategy against both the existing and new challenges regarding the employers’ liability market.
- Benchmark against the market's experience of market size, growth, performance, and claims environment.

Table of Contents

1 EXECUTIVE SUMMARY
2. MARKET DYNAMICS
3. DEVELOPMENTS IN 2017 AND BEYOND
4. APPENDIX

..CONTINUED

About Us

Wise Guy Reports is part of the Wise Guy Research Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe.

Norah Trent
WiseGuy Research Consultants Pvt. Ltd.
+1 646 845 9349 / +44 208 133 9349
email us here

Powered by EIN Presswire


EIN Presswire does not exercise editorial control over third-party content provided, uploaded, published, or distributed by users of EIN Presswire. We are a distributor, not a publisher, of 3rd party content. Such content may contain the views, opinions, statements, offers, and other material of the respective users, suppliers, participants, or authors.

Submit your press release