Albany, NY (PRWEB) January 29, 2014
Commercial Property Insurance in the UK - Key Trends and Opportunities to 2017
The report provides market analysis, information and insights into the UK commercial property insurance business.
Gross written premiums in the commercial property insurance category recorded sustained growth throughout the review period (2008–2012), rising at a compound annual growth rate (CAGR) of 6.79%. Premiums increased at an annual rate of 6.8% in 2012, reaching a total of GBP6.72 billion; the highest level in five years.
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Commercial property insurance claims paid declined by 5.5% in 2012, but this belies the rapid growth recorded since 2008. Payouts rose at a CAGR of 57.29% over the five years to 2012, while claims incurred increased at a CAGR of 28.61% during the same period. The UK has experienced frequent flooding since 2000, including two of the wettest years on record since 2008.
Despite weakness in the commercial construction market and flagging business sentiment due to poor economic conditions, the rise in premiums was driven by high claims related to severe weather and instances of civil unrest. Tentative economic recovery and improving business conditions drove growth towards the end of the review period.
A large claims burden, limited investment returns due to the UK’s low interest rate environment, and rising expenses have hindered the profitability of insurers in the category. A combined operating ratio of 111.8% was registered in 2012. Although it exceeds the 100% breakeven threshold, it marks an improvement on profitability levels recorded during 2008−2010.
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Following the expiry of the Statement of Principles in June 2013, Flood Re was established by the government and the insurance industry. Unlike its predecessor, Flood Re excludes small businesses from guaranteed flood insurance at affordable prices, and will result in upward pressure on costs and premiums for insurers and their commercial customers.
Despite downside forces, growth in commercial property gross written premiums will prevail over the forecast period (2013–2017) as the economic recovery gains traction, business confidence improves and commercial construction activity increases. Premiums are expected to rise to GBP8.22 billion in 2017, representative of a CAGR of 4.34% over the five years from 2013.
Refrigerated Display Cases (Plug-in and Remote) Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2013 - 2019: http://www.marketresearchreports.biz/analysis-details/refrigerated-display-cabinets-market-global-industry-analysis-size-share-growth-trends-and-forecast-2013-2019
Growing retail network, rise in consumer spending coupled with the development of improved and technologically advanced refrigeration systems is influencing the way refrigerated display cases are being adopted across the food and beverage and retail industries. The biomedical sector too is experiencing an increased usage of sophisticated display cases with critical temperature control features.
The research report on Refrigerated Display Cases (RDCs) market provides an in-depth analysis of the global market with a cross-sectional view of different segments categorized on the basis of product type and product design. The product type segmentation includes plug-in and remote RDCs, while product design segmentation includes vertical, horizontal, and others (hybrid/semi-vertical). The report provides an insight into the growth trend during the period 2013 to 2019, with regional breakdown into North America, Europe (and Italy), Asia Pacific, and Rest of the World (RoW). The analysis covers the market estimates in terms of revenue and forecast for the period 2013 to 2019.
Apart from the market size estimates and growth forecasts, this report provides a review of market dynamics, highlighting the impact of various factors affecting market growth. These factors are appropriately categorized into market drivers, growth challenges (restraints) and opportunities. A detailed qualitative analysis of the market supply chain (Value chain analysis), competitive scenario (Porter’s five forces analysis), and market attractiveness analysis further provides a strategic review of the market for helping in making informed business decisions.
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The study includes competitive profiling of key market players. It comprises company and financial overview, business strategies adopted by them, and their recent developments. Major companies included in this report are ISA Italy S.r.l., Frigoglass, Metalfrio Solutions S.A., Beverage-Air Corporation, Daikin Industries, Ltd., United Technologies Corporation (Climate, Controls and Security Unit – Carrier), Dover Corporation, Illinois Tool Works, Inc., Hussmann International, Inc., and Lennox International Inc.
Hospital Acquired Disease Testing Market (Pneumonia, UTI, Blood Stream, Surgical Site, MRSA Infection, and Others) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019: http://www.marketresearchreports.biz/analysis-details/hospital-acquired-disease-testing-market-pneumonia-uti-blood-stream-surgical-site-mrsa-infection-and-others-global-industry-analysis-size-share-growth-trends-and-forecast-2013-2019
This report covers the market analysis for various diagnostic tests performed to detect hospital associated infections, also called as nosocomial infections. Morbidity rate of nosocomial infections is increasing rapidly worldwide,thereby driving the hospital associated infection (HAI) diagnostic market towards remarkable growth. The stakeholders for this study include manufacturers and providers ofdiagnostic solutions for nosocomial infections.
The global hospital acquired disease testing market is categorized on the basis of infection types,i.e., urinary tract infection, surgical site infection, pneumonia,blood stream infection, MRSA infection and others. A detailed market analysis and forecast for these segments has been provided in this study, in terms of market revenue (USD million) for the period 2011 to 2019.The report also provides the compounded annual growth rate (CAGR %) for each infection type for the forecast period 2013 to 2019, while market size estimations have been made considering 2012 as the base year.
In terms of geographical distribution, the global hospital acquired disease testing market has been classified into four geographical areas, namely North America, Europe, Asia-Pacific and Rest of the World (RoW). The current and future market sizes (in terms of USD million) of the above regional markets have been provided in the report for the period 2011 to 2019 with their growth rate (%) for the period 2013 to 2019. The study further offers recommendations and highlights of the market, which would be useful for the current and future market players to sustain and grow in the global hospital acquired disease testing market.
The market overview section of the report demonstrates the market dynamics and market trends such as the drivers, restraints and opportunities that influence the current nature and future status of this field. Impact factors such as market attractiveness analysis and Porter’s five forces analysis have also been explained in the market overview section of the report, in order to give a thorough analysis of the overall competitive scenario in the global hospital acquired disease testing market.
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This report concludes with the company profiles section which includes key information about the major players in this market. Some of the key players profiled in this report include Diatherix Laboratories Inc., Gen-Probe Inc., Qiagen GmbH, L Hoffman La Roche,Cepheid, Inc., Life Technologies Corporation, Meridian Biosciences, Cantel Medical Corporation, Nordion, Inc.and others.
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