
United Kingdom: operating profit margin of general insurers 2018
General insurance refers to non-life insurance types such as motor and home insurance. Home insurance provides protection against risks to property such as water and leakage damage, fire and explosion, theft and other, whereas motor insurance offers financial protection in case of property or persons damage caused by the owner or driver of the vehicle. Operating profit margin indicates the profitability of a company or a sector and is calculated as the ratio of the operating profit to the total revenue.