The number
of newly registered motorcycles dipped in 2011 by 2.2%; from 100,100 to 97,900.
This continued the decline in new motorcycles year-on-year since 2008,
illustrated by the CAGR for 2007–11f of -9.6%. This is perhaps not a surprising
trend as consumer spending power has been squeezed. Groupama was the third
largest insurer by GWP in 2010, with an 11.8% share of the market. GWP
increased by 1.6% from £19.5m to £19.8m as market share expanded by 0.9%. The
Group's announcement in January 2012 that its UK private insurance arm is to be
sold, including Carole Nash, has stirred uncertainty over the future shape of
the market.
Scooters
accounted for 34.4% of motorcycles registered for the first time in 2011; up by
4.3 percentage points on 2010. This is due to the economy and convenience they
offer via insurance premiums, road taxes and fuel savings as well as parking
and traffic considerations.
Request a Sample for or Inquire before buying
the report@
UK
Motorcycle Insurance Market
Scooters accounted for 34.4% of motorcycles registered for the first time
in 2011; up by 4.3 percentage points on 2010. This is due to the economy and
convenience they offer via insurance premiums, road taxes and fuel savings as
well as parking and traffic considerations.
Your
key questions answered
·
How has the motorcycle insurance market changed in the last year and how
is it forecast to perform in the next five years?
·
What are the latest trends in the profile of the motorcycle parc and how
is this likely to affect the insurance market?
·
Who are the leading motorcycle insurance providers and how have they
performed in the last year?
Report Details :
Published: February 2012
No.of Pages:
Price: Single User License – US $ 2795
Corporate
User License- US $ 6988
No comments:
Post a Comment