Life insurance gross written premiums in the UK in 2019 with forecasts up to 2024

Published by
Jennifer Rudden,
Sep 26, 2022
This statistic displays the forecasted value of life (general) insurance gross premiums in the United Kingdom (UK) from 2019 to 2024. In 2019, gross premiums of life insurance sat at approximately 177.4 billion British pounds. It is estimated that life insurance gross written premiums in the United Kingdom will fall to 160.4 billion British pounds in 2020, before recovering to 195.8 billion British pounds in 2024. The reason for the fall in 2020 is the global coronavirus (COVID-19) pandemic.

Value of life insurance gross written premiums in the United Kingdom (UK) from 2019 to 2024 (in billion GBP)

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Release date

February 2021

Region

United Kingdom

Survey time period

2020

Supplementary notes

* Forecasts.

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