表紙
市場調査レポート

英国の旅行保険市場:主な傾向と市場機会

Travel Insurance in the UK, Key Trends and Opportunities to 2018

発行 Timetric 商品コード 299424
出版日 ページ情報 英文 63 Pages
即納可能
価格
本日の銀行送金レート: 1USD=101.50円で換算しております。
Back to Top
英国の旅行保険市場:主な傾向と市場機会 Travel Insurance in the UK, Key Trends and Opportunities to 2018
出版日: 2014年04月11日 ページ情報: 英文 63 Pages
概要

英国の旅行保険の総計上収入保険料は、2012年には7億2400万英ポンド、2013年には7億4200万英ポンドと推計されています。近年の英国の旅行保険市場は、景気の上昇・下降や、海外旅行需要の縮小などの影響を強く受けており、2008〜2012年の年平均成長率(CAGR)は-0.53%という結果となりました。特に、費用の問題で海外旅行よりも国内旅行がブームになったことや、各企業が出張費を抑制していることが、旅行保険市場の縮小につながっています。一方で、旅行中の医療費の請求は急増しており、2012年には1人平均で900英ポンド(2004年より50%以上増加)に達し、また保険請求額の56%を占めるようになりました。業界は非常に競争的であり、各社は市場シェア維持のために価格競争を展開しています。また、安価なインターネット専用販売窓口も普及してきました。今後は、英国経済の回復と共に消費者マインドや海外旅行熱も回復し、2014〜2018年の年平均成長率(CAGR)は2.20%、また2018年の総計上収入保険料は8億2900万英ポンドに達する、と予想されています。

当レポートでは、英国における旅行保険市場について分析し、制度的特徴や市場構造、促進要因と課題、市場規模の動向(過去・今後5年間分)、流通経路の動向、産業の競争力、近年の業界動向(資本取引・事業提携など)、政府の関連規制・政策、主要企業のプロファイルなどを調査して、その結果を概略以下の構成でお届けします。

第1章 エグゼクティブ・サマリー

第2章 イントロダクション

  • 当レポートの概要
  • 定義
  • 分析手法

第3章 市場分析

  • 市場規模
    • 保険の普及率と密度
  • 保険金請求学
    • 過去の実績値
    • 今後の予測値
  • 市場促進要因
  • 市場の見通し
  • 流通経路
    • 流通経路の見通し

第4章 競争環境

  • 収益性
    • 投資収益率
    • 収益性の見通し
  • 業績上位企業
  • 商品開発
  • 旅行保険のSWOT分析

第5章 ポーターのファイブフォース分析

  • サプライヤーの交渉力:低
  • バイヤーの交渉力:高
  • 参入障壁:中
  • 同業者との競合:中〜高
  • 代替製品の脅威:中

第6章 資本取引動向(全5件)

第7章 最近の業界動向(全2件)

第8章 規制とコンプライアンス

  • 近年の法改正
    • 消費者保険(ディスクロージャー・告知)法(2012年)
    • 男女間の保険料率格差を禁じるEU指令
    • 民間航空(ATOL)規制(2012年)
  • 今後の規制改訂の見通し
    • ソルベンシーII

第9章 マクロ経済の影響

  • 実質GDP成長率
  • 労働市場の状況
  • インフレーション
  • 可処分所得
  • 利子率

第10章 企業プロファイル

  • ACE European Group Ltd
    • 主要データ
    • 主要商品
    • 主な競合企業
    • 企業幹部
  • Ageas (UK) Ltd
  • AIG Europe Ltd
  • Allianz Insurance Plc
  • Aviva Plc
  • Axa UK Plc
  • Chubb Insurance Company of Europe SE
  • Direct Line Insurance Group Plc
  • Great Lakes Reinsurance (UK) Plc
  • Mapfre Asistencia Compania Internacional de Seguros y Reaseguros, SA

第11章 統計

  • 実績値データ(過去5年間分)
  • 予測値データ(今後5年間分)

第12章 付録

図表一覧

目次
Product Code: FS0117MR

Gross written premiums for travel insurance were valued at GBP724 million in 2012, and an estimated GBP742 million in 2013. Volatile premium growth was recorded during the review period (2008-2012), as demand was strongly influenced by the UK's recessionary economic backdrop limiting demand for overseas travel. The compound annual growth rate (CAGR) registered during the review period was more stable at -0.53%, however.

UK residents made fewer trips abroad during the review period, with discretionary spending on holidays constrained by weak growth in earnings, employment uncertainty and rising travel costs, while businesses reduced budgets for corporate travel. A preference for domestic holidays induced a 12.5 million dip in the number of leisure and business trips abroad during the review period.

Medical costs represented 56% of travel insurance claims in 2012, and, despite fewer overseas trips being made, costs relating to claims have risen sharply. The average medical claim totaled GBP900 in 2012, 50% higher than in 2004. The reported refusal of the European Health Insurance Card (EHIC) in hospitals in Spain, Greece and Cyprus added to insurers' cost burdens.

The travel insurance category is highly competitive and has become increasingly commoditized, with insurers competing on price to maintain market share. Online distribution - through direct and price-comparison website channels - is well established, and has fostered an increase in the number of low-cost internet-only brands. The underwriting capacity for these products is dominated by the 10 largest insurers in the category.

Stronger UK economic growth from 2014 will spur an improvement in consumer confidence and spending to provide the impetus to growth in demand for travel insurance over the forecast period. Gross written premiums are forecast to grow at a CAGR of 2.20% over 2014-2018, reaching a total of GBP829 million in 2018.

Opportunities exist to deepen penetration in the category. An aging population and trends for a more active retirement are increasing demand for travel insurance policies with no age limits. A parliamentary review in 2013 found that 91% of travel policies available in the UK imposed an upper age limit, and age-related charities have begun lobbying for market changes. Customer education also allows insurers to highlight the shortfalls of the basic cover offered through the EHIC and Civil Aviation Authority compensation schemes.

Scope

This report provides market analysis, information and insights into the UK travel 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

Reasons To Buy

  • Gain an understanding of the UK travel 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

Table of Contents

1. Executive Summary

2. Introduction

  • 2.1. What is this Report About?
  • 2.2. Definitions
  • 2.3. Methodology

3. Market Analysis

  • 3.1. Market Size
    • 3.1.1. Penetration and density
  • 3.2. Claims
    • 3.2.1. Claims review
    • 3.2.2. Claims outlook
  • 3.3. Market Drivers
  • 3.4. Market Outlook
  • 3.5. Distribution Channels
    • 3.5.1. Distribution outlook

4. Competitive Landscape

    • 4.1.1. Investment returns
    • 4.1.2. Profitability outlook
  • 4.2. Review - The Best Performers of 2012
  • 4.3. Product Innovation
  • 4.4. Travel Insurance - SWOT Analysis

5. Porter's Five Forces Analysis

  • 5.1. Bargaining Power of Suppliers: Low
  • 5.2. Bargaining Power of Buyers: High
  • 5.3. Barriers to Entry: Medium
  • 5.4. Intensity of Rivalry: Medium to High
  • 5.5. Threat of Substitution: Medium

6. Deals

  • 6.1. Allianz Partners With STA Travel
  • 6.2. BIBA Renews Deal With Specialist Broker
  • 6.3. Holiday Extras Acquires Thomas Cook's Insurance Subsidiary
  • 6.4. Axa Increases Broker Capacity
  • 6.5. AIG to Underwrite Bupa's Travel Insurance Products

7. News

  • 7.1. FCA Recommends Shake-up of Insurance Add-ons
  • 7.2. Abta Renews Calls for Regulation Review

8. Regulation and Compliance

  • 8.1. Recent Changes
    • 8.1.1. Consumer Insurance (Disclosure and Representations) Act 2012
    • 8.1.2. EU Gender Directive
    • 8.1.3. Civil Aviation (ATOL) Regulations 2012
  • 8.2. Upcoming Regulations
    • 8.2.1. Solvency II

9. Macroeconomic Backdrop

  • 9.1. Real GDP Growth
  • 9.2. Labor Market Conditions
  • 9.3. Inflation
  • 9.4. Disposable Income
  • 9.5. Interest Rates

10. Company Profiles

  • 10.1. ACE European Group Ltd - Company Overview
    • 10.1.1. ACE European Group Ltd - key facts
    • 10.1.2. ACE European Group Ltd - main products
    • 10.1.3. ACE European Group Ltd - main competitors
    • 10.1.4. ACE European Group Ltd - key employees
  • 10.2. Ageas (UK) Ltd - Company Overview
    • 10.2.1. Ageas (UK) Ltd - key facts
    • 10.2.2. Ageas (UK) Ltd - main products
    • 10.2.3. Ageas (UK) Ltd - main competitors
    • 10.2.4. Ageas (UK) Ltd - key employees
  • 10.3. AIG Europe Ltd - Company Overview
    • 10.3.1. AIG Europe Ltd - key facts
    • 10.3.2. AIG Europe Ltd - main products
    • 10.3.3. AIG Europe Ltd - main competitors
    • 10.3.4. AIG Europe Ltd - key employees
  • 10.4. Allianz Insurance Plc - Company Overview
    • 10.4.1. Allianz Insurance Plc - key facts
    • 10.4.2. Allianz Insurance Plc - main products
    • 10.4.3. Allianz Insurance Plc - main competitors
    • 10.4.4. Allianz Insurance Plc - key employees
  • 10.5. Aviva Plc - Company Overview
    • 10.5.1. Aviva Plc - key facts
    • 10.5.2. Aviva Plc - main products
    • 10.5.3. Aviva Plc - main competitors
    • 10.5.4. Aviva Plc - key employees
  • 10.6. Axa UK Plc - Company Overview
    • 10.6.1. Axa UK Plc - key facts
    • 10.6.2. Axa UK Plc - main products
    • 10.6.3. Axa UK Plc - main competitors
    • 10.6.4. Axa UK Plc - key employees
  • 10.7. Chubb Insurance Company of Europe SE - Company Overview
    • 10.7.1. Chubb Insurance Company of Europe SE - key facts
    • 10.7.2. Chubb Insurance Company of Europe SE - main products
    • 10.7.3. Chubb Insurance Company of Europe SE - main competitors
    • 10.7.4. Chubb Insurance Company of Europe SE - key employees
  • 10.8. Direct Line Insurance Group Plc - Company Overview
    • 10.8.1. Direct Line Insurance Group Plc - key facts
    • 10.8.2. Direct Line Insurance Group Plc - main products
    • 10.8.3. Direct LineInsurance Group Plc - main competitors
    • 10.8.4. Direct Line Insurance Group Plc - key employees
  • 10.9. Great Lakes Reinsurance (UK) Plc - Company Overview
    • 10.9.1. Great Lakes Reinsurance (UK) Plc - key facts
    • 10.9.2. Great Lakes Reinsurance (UK) Plc - main products
    • 10.9.3. Great Lakes Reinsurance (UK) Plc - main competitors
    • 10.9.4. Great Lakes Reinsurance (UK) Plc - key employees
  • 10.10. Mapfre Asistencia Compania Internacional de Seguros y Reaseguros, SA - Company Overview
    • 10.10.1. Mapfre Asistencia Compania Internacional de Seguros y Reaseguros, SA - key facts
    • 10.10.2. Mapfre Asistencia Compania Internacional de Seguros y Reaseguros, SA - main products
    • 10.10.3. Mapfre Asistencia Compania Internacional de Seguros y Reaseguros, SA - main competitors
    • 10.10.4. Mapfre Asistencia Compania Internacional de Seguros y Reaseguros, SA - key employees

11. Statistics

  • 11.1. Review Period: 2008-2012
  • 11.2. Forecast Period: 2013-2017

12. Appendix

  • 12.1. Methodology
  • 12.2. Contact Timetric
  • 12.3. About Timetric
  • 12.4. Timetric's Services
  • 12.5. Disclaimer

List of Tables

  • Table 1: Insurance Industry Definitions
  • Table 2: UK Travel Insurance - Market Summary (GBP Thousand), 2008-2012
  • Table 3: UK Travel Insurance - Online Retailers
  • Table 4: UK Travel Insurance -Key Affinity Partnerships
  • Table 5: UK Travel Insurance - Market SWOT Analysis
  • Table 6: Recent and Upcoming Regulatory Changes
  • Table 7: ACE European Group Ltd, Key Facts
  • Table 8: ACE European Group Ltd, Main Products
  • Table 9: ACE European Group Ltd, Key Employees
  • Table 10: Ageas (UK) Ltd, Key Facts
  • Table 11: Ageas (UK) Ltd, Main Products
  • Table 12: Ageas (UK) Ltd, Key Employees
  • Table 13: AIG Europe Ltd, Key Facts
  • Table 14: AIG Europe Ltd, Main Products
  • Table 15: AIG Europe Ltd, Key Employees
  • Table 16: Allianz Insurance Plc, Key Facts
  • Table 17: Allianz Insurance Plc, Main Products
  • Table 18: Allianz Insurance Plc, Key Employees
  • Table 19: Aviva Plc, Key Facts
  • Table 20: Aviva Plc, Main Products
  • Table 21: Aviva Plc, Key Employees
  • Table 22: Axa UK Plc, Key Facts
  • Table 23: Axa UK Plc, Main Products
  • Table 24: Axa UK Plc, Key Employees
  • Table 25: Chubb Insurance Company of Europe SE, Key Facts
  • Table 26: Chubb Insurance Company of Europe SE, Main Products
  • Table 27: Chubb Insurance Company of Europe SE, Key Employees
  • Table 28: Direct Line Insurance Group Plc - Key Facts
  • Table 29: Direct Line Insurance Group Plc - Main Products
  • Table 30: Direct Line Insurance Group Plc - Key Employees
  • Table 31: Great Lakes Reinsurance (UK) Plc, Key Facts
  • Table 32: Great Lakes Reinsurance (UK) Plc, Main Products
  • Table 33: Great Lakes Reinsurance (UK) Plc, Key Employees
  • Table 34: Mapfre Asistencia Compania Internacional De Seguros Y Reaseguros, SA, Key Facts
  • Table 35: Mapfre Asistencia Compania Internacional de Seguros y Reaseguros, SA, Main Products
  • Table 36: Mapfre Asistencia Compania Internacional de Seguros y Reaseguros, SA, Key Employees
  • Table 37: Travel Insurance (GBP Thousand), 2008-2012
  • Table 38: Travel Insurance (GBP Thousand), 2013-2018

List of Figures

  • Figure 1: UK Travel Insurance - Gross Written Premiums (GBP Million), 2008-2012
  • Figure 2: UK Travel Insurance - Penetration Rate (%) and Density (GBP), 2008-2012
  • Figure 3: UK, EU and US Health Inflation (%), 2008-2013
  • Figure 4: UK Residents' Visits Abroad (Thousands), 2006-2013
  • Figure 5: Annual Change in UK Residents' Travel Expenditure (%), 2009-2012
  • Figure 6: UK Business Spending on Travel Abroad (GBP Billions), 2008-2012
  • Figure 7: UK Consumer Prices - Travel and Transport (%), 2004-2013
  • Figure 8: UK Travel Insurance - Gross Written Premiums Forecast (GBP Millions) 2014-2018
  • Figure 9: UK Population Growth by Age (%) 2007-2018
  • Figure 10: Market Shares of the 10 Leading UK Travel Insurers (%) in 2012
  • Figure 11: UK Travel Insurance - Five Forces Analysis
  • Figure 12: The UK's Insurance Regulatory Framework
  • Figure 13: UK Real GDP Growth (%), 2008-2018
  • Figure 14: UK Unemployment and Redundancy Rates (%), 2004-2013
  • Figure 15: UK Average Weekly Earnings, 2004-2013
  • Figure 16: UK Consumer Price Inflation (%), 2004-2013
  • Figure 17: UK Consumer Price Inflation (%), 2004-2013
  • Figure 18: UK Bank of England Rate (%), 2004-2014
Back to Top