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Research and Markets: Commercial Insurance for Small Businesses Market Assessment 2012 - Yahoo Finance
Posted on Tuesday, May 15, 2012 by Insurance Quotes Health
DUBLIN--(BUSINESS WIRE)--
Research and Markets (http://www.researchandmarkets.com/research/qqz69q/commercial_insuran) has announced the addition of the "Commercial Insurance for Small Businesses Market Assessment 2012" report to their offering.
This Key Note Market Assessment covers the market for commercial insurance for small businesses in the UK. It examines the profitability of the market for commercial insurance, with particular regard to insurance for small businesses, as well as looking at trends within premium rates.
This report outlines the principles involved in commercial insurance, discusses the types of insurance offered and analyses trends between 2007 and 2011, both in the general insurance market and in the commercial insurance market specifically. The figures Key Note has used cover net written premiums, claims and the underwriting result.
Also provided is an international perspective of the insurance market, as well as profiles of the leading commercial insurers to the UK market. Key Note has also forecast likely trends in the market between 2012 and 2016.
Small businesses (for the purposes of this report, Key Note has used the statistical definition which is defined as those which employ between 0 and 49 people) encompass in excess of 99% of all enterprises in the UK. Therefore, small businesses dominate the commercial insurance market by virtue of its size.
Economic recovery after the recession has proved to be slow and faltering, at least in the UK. The legacy leftover from the financial crisis has had a strong negative effect on the ability of small firms to maintain cash flow, not least due to a severe lack of lending to such enterprises from banks that were affected by the crisis. Small firms are often the first to suffer in such conditions and some of the last to see a recovery and, as such, times have been hard for small enterprises and are likely to continue to be so for at least the immediate future.
Companies Mentioned
- ALLIANZ
- AVIVA
- AXA
- GROUPAMA
- RSA
- ZURICH
For more information visit http://www.researchandmarkets.com/research/qqz69q/commercial_insuran
15 May, 2012
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Source: http://finance.yahoo.com/news/research-markets-commercial-insurance-small-144900993.html
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