Wednesday, 7 September 2016

Australia Card Scheme (VISA-MASTER-AMEX) Market Size, Share, Cost and Price, Key Trends and Opportunities by Radiant Insights

Summary
Credit Cards Usage Analytics by Card Scheme (AMEX-VISA-MASTER): Australia; is an exhaustive research report outlaying Credit Cards usage in Australia. The report provides year on year statistics on Average Transaction Value, Frequency of Use, Number of Transactions, Turnover per card, Cards Issued and more by Card Scheme / Association covering American Express (AMEX), VISA and MASTER CARD.



Key Findings
Verdict Financial considers Credit Card as a revolving payment card providing consumers with access to a line of credit. Consumers make payments using their card and receive a bill at the end of the billing cycle. The card issuer usually demands a minimum payment against the outstanding balance, but beyond this the customer can choose how much of the bill he wishes to repay, up to and including 100% of the balance outstanding. Any balances that are not repaid within the interest-free period offered by the card incur interest at the rate advertised by the card issuer. A revolving credit card may or may not be linked to a customer's bank account.


The report "Credit Cards Usage Analytics by Card Scheme (AMEX-VISA-MASTER): Australia" report is the result of Verdict Financial's extensive market research covering the cards and payments industry in Australia. It provides detailed credit cards usage statistics by Card Scheme / Association covering American Express (AMEX), VISA and MASTER CARD on parameters like Average Transactions value and Number of Transactions, Frequency of Use, Turnover per card, Card Issue and Value of Transactions.

Verdict Financial's "Credit Cards Usage Analytics by Card Scheme (AMEX-VISA-MASTER): Australia" report acts as an essential tool for companies active across the Australian cards and payments value chain and for new players considering entering the market. The comprehensive statistics within the report provides insight into the operating environment of Credit Cards in Australia and also ensures right business decision making based on historical trends.

*This is an on-demand report and will be delivered within 2 working days (excluding weekends) of the purchase.

About Us:
Radiant Insights Inc. is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.

Contact Details:
Michelle Thoras
Corporate Sales Specialist, USA

Radiant Insights, Inc
28 2nd Street,
Suite 3036 San Francisco,
CA 94105 United States
Phone: 1-415-349-0054
Toll Free: 1-888-202-9519

UK Commercial Property Insurance Market is Forecast to Grow Steadily, Reaching GWP of £5.4bn by 2018: Radiant Insights

Summary
The commercial property insurance sector has endured low premium rates for several years and 2015 has been no different. As a result, the value of the market has experienced little change and gross written premiums (GWP) are forecast to grow at a slow and steady rate. Commercial property insurance is very much a self-serving market, with progress only achieved if it creates opportunities for itself, i.e. more properties to insure. Currently, the construction industry continues on an upward trend, increasing output volumes, which suggests confidence has returned to the sector, although the number of new orders has declined from last year, meaning it remains to be seen if the current buoyancy of the market will be short-lived. The prospect of strong underwriting returns has encouraged more competitors to enter the marketplace, which in turn has driven down premium rates to stubbornly low levels, and a relatively benign claims environment indicates a rate rise may be a long way off. Although this is encouraging for insurers, the cost of claims has risen, meaning incidents of peril are becoming even costlier for providers to compensate. Coupled with this are the effects of the severe weather at the beginning of 2016, which is likely to impact the market in the immediate year going forward. The UK's decision to exit the EU will also undoubtedly affect foreign investment in commercial property and the business prospects of UK-based insurers. The commercial property space has demonstrated signs of both optimism and unpredictability.


Key Findings
- The commercial property market amounted to just over £5bn of GWP in 2015.

- Lloyd's of London wrote £568m of commercial property insurance GWP in 2015.

- Gross claims paid in 2015 amounted to £3.2bn.

- The market is forecast to grow steadily, reaching GWP of £5.4bn by 2018.

Synopsis
Verdict Financial's “UK Commercial Property Insurance: Market Dynamics and Opportunities” report provides an in-depth analysis of the UK commercial property insurance market. The points discussed include the size of the market, performance ratios, and changes in premiums, claims, incidents of peril, regulations, and opportunities. The report provides a thorough overview of the market along with future forecasts.