Home and Contents Insurance in Australia - IBISWorld Industry Market Research

Home and Contents Insurance in Australia

Home and Contents Insurance in Australia - IBISWorld Industry Market Research
Home and Contents Insurance in Australia
Published Dec 19, 2014
28 pages — Published Dec 19, 2014
Price US$ 910.00  |  Buy this Report Now

About This Report

  
Abstract:

The past five years have been a turbulent period for the Home and Contents Insurance industry. The period began with the industry enjoying strong investment returns after recovering from global financial crisis. This was offset by a number of severe weather events, which caused billions of dollars in damages. These events led to an unprecedented level of claims, which pressured insurers' profit margins. As a result, insurers have been raising premiums significantly to cope with the increased level of risk that is now priced into the Australian market. More recently, record low interest rates have eroded the industry's returns, and this is expected to continue for some time.

This industry underwrites (i.e. assuming the risk and assigning premiums) home and contents insurance policies. Insurance policies provided by the industry protect against loss or damage to property due to theft, fire and other causes. They also protect against personal liability that may arise from injury on one's property.

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.

  
Source:
Document ID
OD4153
Country
Format:
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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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Cite this Report

  
MLA:
IBISWorld Industry Market Research. "Home and Contents Insurance in Australia" Dec 19, 2014. Alacra Store. Dec 11, 2016. <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Home-and-Contents-Insurance-in-Australia-2042-5456>
  
APA:
IBISWorld Industry Market Research. (2014). Home and Contents Insurance in Australia Dec 19, 2014. New York, NY: Alacra Store. Retrieved Dec 11, 2016 from <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Home-and-Contents-Insurance-in-Australia-2042-5456>
  
US$ 910.00
$  £  
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