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Calendar year combined ratio for motor insurance firms in the UK 2009-2013

Published by Statista Research Department, Oct 13, 2014
This statistic depicts calendar-year combined underwriting ratio for the motor insurance field companies operating in the United Kingdom (UK) from 2009 to 2013. As of 2009, the ratio used to measure the profitability of motor insurance companies amounted to 119.5 percent, meaning the companies that year paid out more money in claims than they received in premiums.

Motor insurance calendar-year combined underwriting ratio in the United Kingdom (UK) from 2009 to 2013

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Source

Release date

October 2014

Region

United Kingdom

Survey time period

2009 to 2013

Supplementary notes

Calendar-year combined ratio is one of the most important profitability measures for insurance companies and as investopedia.com defines it, it is "calculated by taking the sum of incurred losses and expenses and then dividing them by earned premium".

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