UK insurance market: total direct life premium in the United Kingdom 2004-2018

Total insurance premium refers to the amount of money paid for the insurance coverage of the policies issued by insurance companies over a period of time. The amount of life insurance premiums in the United Kingdom (UK) peaked at almost 276 billion euros in 2007 after a year on year increase. In 2008, the value sharply decreased to approximately 156 billion euros. In 2018, after almost ten years of fluctuation, the life insurance premiums exceeded the value of 200 billion euros.

Total direct life insurance premium in the United Kingdom (UK) from 2004 to 2018

Direct premium income in billion euros*
2018229.9
2017197.05
2016168.64
2015183.44
2014170.51
2013161.78
2012165.2
2011155.41
2010144.33
2009149.68
2008155.76
2007275.52
2006226.32
2005193.55
2004169.95
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Source

Release date

September 2019

Region

United Kingdom

Survey time period

2004 to 2018

Supplementary notes

* Data shown in constant exchange rates.

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Statistics on "Life insurance in the UK"

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