Households drive market demand, with household spending representing 81.3% of total demand in 2023. Legal & General Group Plc is the largest company in the UK, generating 4.3% of the industry’s total turnover value in 2023. The industry is fragmented, with the top five companies generating 16.2% of total production value in 2023. The total number of companies increases in 2023, to 8,135 units. The costs of the industry increase by 5.4% in 2023, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 46.4% of turnover in 2023, the highest regionally. With turnover of USD80.9 billion, the UK accounts for 15.4% of the Western Europe total in 2023.
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Overview:
This Euromonitor industrial report provides unique information on Insurance and Pension Funding in the United Kingdom: ISIC 66. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Insurance and Pension Funding in the United Kingdom: ISIC 66 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
The Finance and Insurance in United Kingdom report includes:
- Five year forecasts on industry’s historic trends and growth
- Insights on key factors shaping industry’s historic and future performance
- Historic data on industry’s turnover, market size, imports and exports
- Detailed overview of industry’s supply and demand structure
- Analysis of competitive landscape changes within the industry
This report answers:
- What is the turnover of the Finance and Insurance?
- How the Finance and Insurance will perform in the future?
- Which categories are driving industry's growth?
- Which factors will shape industry’s performance?
- What is the industry’s costs and demand structure?
- How profitable is the industry?
- Is industry’s competitive landscape concentrated or fragmented?
Insurance and Pension Funding in the United Kingdom: ISIC 66
HEADLINES
Finance and Insurance
This is the aggregation of insurance and pension funding, monetary intermediation.
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- Understand future opportunities and threats within the industry
- Track demand and supply structure
- Understand competitive landscape of the industry
- Inform market, strategy development and supply functions
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