UK pet insurance reaches new highs says Datamonitor

In 2007, GWP grew by almost 17% to an all time high of £440m. Datamonitor forecasted the market will grow a further 58% to attain a value of almost £700m in 2012.

Andrew Haslip, financial services analyst at Datamonitor and author of the report, said: Increased consumer uptake of the product along with premium rate increases to cover high claims inflation has combined to make this one of the fastest growing insurance markets in the UK.”

The key driver behind the premium income growth in 2007

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: