UK Marine Insurance 2012

This report contains an overview of the total size and profitability of the UK marine insurance market. It provides analysis of trends in premium rates, distribution, and claims as well as a discussion of the current issues affecting the market. The final section analyzes the key drivers that will affect each of these markets going forward while providing a forecast up to 2015.

Features and benefits

• Data on the size, structure and profitability of the marine insurance market in the UK.
• Analysis of the drivers of claims and costs as well as an exploration of growth areas in the future.
• A discussion of the main factors affecting the marine market in the future along with forecasts of market size to 2015.

Marine Insurance in UK

Published: April 2012
No. of Pages: 72

Price: Single User License- US $ 5250              Corporate User License- US $ 13125

                                       

There has been a continued increase in the number of UK-owned and flagged vessels as ships ordered before the recession are completed. These ships have contributed to a worldwide glut of shipping and have given underwriters a growing market to write.

The main challenge affecting the UK cargo industry is the impact of the recession on cargo levels. As consumers and firms import and export less, the volume of cargo to and from the UK falls. As the number of risks to insure falls, insurers have to compete for ever scarcer risks.

Your key questions answered

• What are the key drivers and challenges within the UK marine market in 2010?
• What are your competitors doing and what are the drivers of growth in the market?
• Where market will growth come from and how will economic and claims trends will impact the sector?

Trends to Watch in Global Wealth Management 2012

Datamonitor's 2012: Trends to Watch in Global Wealth Management provides in-depth forward-looking analysis of six of the biggest trends in global wealth management as well as a review of the industry in 2011. These trends are accompanied by industry examples and where possible best practice solutions suggesting how to react to the trends.

Your key questions answered

• What will be the major trends affecting global wealth management in 2012?
• How will the seven regional wealth markets perform compared to each other?
• How are wealth managers adapting to an increasingly regulated industry?
• What is the future for offshore banking?
• What geographies experienced the most M&A activity, product innovation, and staffing changes in 2011?

Global Wealth Management Market

Published: March 2012
No. of Pages:97
Price: Single User License: US$ 5250     Corporate User License: US$13125

 

Table Of Contents

OVERVIEW
Catalyst
Summary
Methodology

EXECUTIVE SUMMARY
2011 was characterized by macroeconomic instability, leading to declines in global wealth
Regulation and tax posed challenges to the wealth management industry
Competitive trends were dominated by product innovation and customer targeting in 2011
Trends to watch in 2012
Trend one: continuing economic instability will result in a volatile outlook for global wealth management
Trend two: the global wealth market will still be dominated in broad terms by mature markets, but emerging markets will continue to erode their dominance
Trend three: offshore banking will continue to falter under regulatory pressure, but will also benefit from political instability
Trend four: the approach to and the composition of the wealth management product mix will change
Trend five: the quest for transparency and compliance will continue to encourage pricing and fee management innovation
Trend six: new channels will transform how wealth managers communicate and conduct business with their clients

INTRODUCTION
Methodology

2011 IN REVIEW
2011 was characterized by macroeconomic instability, leading to declines in global wealth
The eurozone sovereign debt crisis impacted on the global wealth market
The Australian economy rebounded strongly from floods and cyclones in early 2011
The Brazilian economy grew less than expected in 2011
The Chinese economy continued to grow at a high rate, but internal fiscal weaknesses began to appear
The German economy survived on strong fundamentals in 2011
The Indian economy was the largest recipient of remittances in the world in 2011
The UK economy was dragged down by low consumer demand and high unemployment
The US economy was marred by prevailing volatility but made a slight recovery in Q4 2011


TRENDS TO WATCH IN 2012
Introduction
Trend one: continuing economic instability will result in a volatile outlook for global wealth management
The eurozone crisis will continue to plague the financial services industry
The Australian economy is susceptible to an Asian slowdown, but strong consumer demand will persist
Brazil is continuing to develop the competitiveness of its economy
The Chinese economy is slowing down, but from a high growth rate
Germany reduced its growth forecast for 2012
India has to resolve domestic issues quickly
The current positive signs in the UK economy mask fundamental issues
The US has seen unexpected growth in domestic demand

2012 Global Wealth Market

After a sharp decline in 2008 and a smaller drop in 2011, the global wealth market is expected to recover in 2014–15 once the global economy picks up. Yet growth will not be even and there is a clear divide between the mature and emerging markets, with emerging markets set to show double digit growth - a trend which is set to bring about a change in the established order of country wealth markets.

Features and benefits

• Understand the dynamics between the world's regional wealth markets and how this is set to change by 2015.
• Find out which countries count among the world's wealth hot spots - or not - based on Datamonitor's analysis of over 55 markets.
• Discover how the world's largest three wealth managers have fared against the performance of the overall market.
• Learn about the typical millionaire, his key demographics, how he invests his liquid assets based on Datamonitor's Global Wealth Managers Survey.

2012 Wealth Market

Published: April 2012
No. of Pages: 100
Price: Single User License: US$ 5250     Corporate User License: US$13125

 

North America's status as the largest wealth market is not threatened by the exponential growth of the emerging markets. While the poor performances of Japan and Western Europe will cause them to be overtaken by Asia Pacific (excluding Japan), which will become the second largest regional market by 2015.

The top 10 country wealth markets will change in 2012, with Brazil and India entering and Spain and Taiwan exiting. Taiwan is in fact growing faster than many other mature markets, but is still set to exit the top 10, largely due to the explosive growth of India and Brazil and the country's relatively small size.

Males account for the majority of HNW individuals in all regions, with a stronger lack of balance in the Middle East and near-parity in North America. Middle East and Asia Pacific HNW individuals are generally younger than their counterparts in Western Europe and North America. Entrepreneurship is the most common source of wealth worldwide.

Your key questions answered

• What is the future growth outlook for the global affluent population?
• Which are the largest wealth markets and how will this change by 2015?
• Which country markets within each region are growing most quickly?
• Who are the three largest wealth managers and how their fortunes are faring compared to the overall market?
• What are the key demographics of the typical HNW individual and how do these investors tend to allocate their liquid wealth?