Actuarial Consulting Services in the UK - IBISWorld Industry Market Research

Actuarial Consulting Services in the UK

Actuarial Consulting Services in the UK - IBISWorld Industry Market Research
Actuarial Consulting Services in the UK
Published Sep 30, 2014
31 pages — Published Sep 30, 2014
Price US$ 875.00  |  Buy this Report Now

About This Report


Firms operating in the Actuarial Consulting Services industry use statistical models to assess risk in order to put a price on it and mitigate the cost. The Pension Funding industry (IBISWorld report K65.300) is the largest downstream market for the industry, accounting for over 40% of industry revenue. Insurance, investment banking and other financial services firms are also important markets.

The industry has performed relatively well over the past five years despite the difficult conditions engulfing the UK economy. As a result, industry revenue is expected to grow at a compound annual rate of 3.9% over the five years and reach £2.6 billion in 2014-15.

Firms in this industry assess risk and uncertainty by using statistical models, then create policies to minimise the cost of that risk to their clients. The industry excludes actuaries that are employed in-house by non-consulting firms such as insurance companies.

The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.

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IBISWorld Industry Market Research—IBISWorld is a leading strategic business information provider that offers comprehensive information on more than 700 US industries covering 4,000 individual product segments. They also provide global industry and industry risk rating reports covering Australia, the United Kingdom and China. IBISWorld data offers detailed analysis on growth trends, the competitive environment and key issues. Reports average 30 to 40 pages and contain figures; market characteristics; product, market and service segmentation; industry conditions, current and historical performance analysis; risk scores; industry participants and market share; factors to success; and 5-year forecasts with forecast analysis.

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IBISWorld Industry Market Research. "Actuarial Consulting Services in the UK" Sep 30, 2014. Alacra Store. Oct 26, 2016. <>
IBISWorld Industry Market Research. (2014). Actuarial Consulting Services in the UK Sep 30, 2014. New York, NY: Alacra Store. Retrieved Oct 26, 2016 from <>
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