Travel Insurance - UK - February 2002

INTRODUCTION
EXECUTIVE SUMMARY
Holiday visits abroad by UK residents, by organisation of holiday, 1997-2002
UK market for travel insurance, measured in gross premiums, at current and constant 1995 prices, 1995-2002
Estimated underwriters' market share, by value, 2002
BACKGROUND
MARKET FACTORS
Headline consumer confidence, January 2000-December 2001
Trends in PDI, consumer expenditure and savings, at constant 1997 prices, 1997-2006
Annual average exchange rates for Sterling, six most popular foreign holiday destinations for British travellers, 1997-2001
Number of visits abroad by UK residents, by main category of trip, 1997-2002
Long holidays and short breaks abroad, 1997-2001
Holiday visits abroad, by organisation of holiday, 1997-2002
Number of trips abroad by UK residents, by region, 1997-2001
Trips abroad by UK residents, by selected destinations, 1997-2000
Number of visits and proportion of annual total, by region and quarter of year, by UK visitors, 2000
MARKET SIZE AND TRENDS
General insurance - total UK market, 1996-2000
UK market for travel insurance, measured in gross premiums*, at current and constant 1995 prices, 1995-2002
Size of the travel insurance market in gross premiums, at current and constant 1995 prices, compared to the number of overseas holidays taken, 1995-2001   * estimates
THE MAIN UNDERWRITERS
Major travel insurance providers, by underwriter, January 2002
Estimated underwriters' market share, by value, 2002
DISTRIBUTION
Distribution of travel insurance, by value, 2001-02
Advertising spend*, by top five advertisers in the travel insurance market, MAT to November 2000 and 2001
PRODUCT AND PRICE DIFFERENTIATION
Sample premium rates for European and worldwide cover, for single-trip and annual cover, January 2002
THE CONSUMER
Percentage of people who have taken holiday(s) abroad in the last 12 months, January 2000 and October 2001
Percentage of respondents who have taken holiday(s) abroad, by main type of holiday, 1997-2001
Proportion of holidaymakers who have travelled abroad in the last 12 months with insurance, by socio-economic and demographic sub-groups, October 2001
Number of trips abroad taken in the last 12 months, by type of insurance purchased, October 2001
Proportion of holidaymakers who have travelled abroad in the last 12 months with and without insurance, by type of trip taken, October 2001
Percentage of holidaymakers with and without insurance, by type of holiday, October 2001
Purchase of single and annual travel insurance, by seasons, October 2001
Source used to arrange travel insurance, October 2001
Main sources used to arrange travel insurance, by socio-economic and demographic sub-group, October 2001
Source used to arrange travel insurance, by type of policy, October 2001
Responses to statements on buying insurance from the travel agent or shopping around for cover, by total sample and type of policy, October 2001
Consumer attitudes towards holiday planning following the terrorist attacks in the US, October 2001
THE FUTURE
FORECAST
Forecast of the travel insurance market, 2002-06