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Market Re-forecasts - Finance Insurance - UK - March 2009

In less than nine months, the UK has changed from booming, overheated economy to an economy in crisis. In a fast-developing environment, up-to-date market and consumer data is more critical than ever.

It takes time for changes in macro-economic variables to have an impact on consumer spending. But it is now clear that consumers’ expectations, attitudes and beliefs have changed dramatically in the past six months. As a result, Mintel’s market size estimates and forecasts based on different consumer expectations warrant revision. For the first time in its near-40 years of delivering market and consumer insights, Mintel has conducted an exhaustive mid-cycle re-evaluation of consumer market forecasts published in 2007 & 2008.

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Table of contents

  1. Introduction

    • Mintel’s re-forecasting puts markets in realistic light
      • The macro-economic changes
        • The significance of these changes
          • Presentation of data
            • What next?
              • Methodology
                • Differences
                • Creditor Insurance

                      • Figure 1: Forecast for creditor insurance, total market, current prices, 2003-13
                      • Figure 2: Forecast for creditor insurance, total market, current prices, 2003-13
                    • Factors used in the forecast
                    • Home Insurance

                          • Figure 3: Forecast of GWP for home insurance (contents insurance sector), 2003-13
                          • Figure 4: Forecast of GWP for home insurance (contents insurance sector), 2003-13
                          • Figure 5: Forecast of GWPs for home insurance (structural insurance sector), 2003-13
                          • Figure 6: Forecast of GWPs for home insurance (structural insurance sector), 2003-13
                        • Factors used in the forecast
                        • Legal Expenses Insurance

                              • Figure 7: Forecast for legal expenses insurance, by GWP, 2003-13
                              • Figure 8: Forecast for legal expenses insurance, by GWP, 2003-13
                            • Factors used in the forecast
                            • Motor Insurance

                                  • Figure 9: Forecast of NWPs for private motor insurance market, 2003-13
                                  • Figure 10: Forecast of NWPs for private motor insurance market, 2003-13
                                • Factors used in the forecast
                                • Pet Insurance

                                      • Figure 11: Forecast of the value of the pet insurance market, by GWP, 2002-12
                                      • Figure 12: Forecast of the value of the pet insurance market, by GWP, 2002-12
                                    • Factors used in the forecast

                                    Companies Covered

                                    To learn more about the companies covered in this report please contact us.

                                    Market Re-forecasts - Finance Insurance - UK - March 2009

                                    US $2,009.55 (Excl.Tax)