Press release content from Business Wire. The AP news staff was not involved in its creation.
United Kingdom Home Insurance Market Report 2021 - ResearchAndMarkets.com
January 6, 2021 GMT
This report looks at the domestic home/property insurance market, where home insurance is defined as insurance which covers individuals against the cost of repairing or rebuilding their home or replacing its contents. This report considers the size of the market, recent trends, the major players, forecast for the future and sets out the environmental framework in which insurance is sold today.
ADVERTISEMENT
2019/20 have been turbulent years for home insurance in terms of claims, significant mergers and divestments and changed underwriting capacity. The publisher estimates that home insurance gross written premiums (GWP) will reach around 7 billion in 2020, a rise of 2% compared with 2019.