Companies on the insurance market in the United Kingdom (UK) 2004-2018

As of 2018, The United Kingdom (UK) had the largest insurance market in Europe, and fourth largest globally. Direct premiums written by UK companies, increased between 2017 and 2018, with claims and benefits paid reaching nearly 311 billion euros.

Leading insurance companies

As of 2016, Prudential Plc was the leading insurance company in the United Kingdom in terms of total assets and market value (market capitalization). When It comes to the online market, the UK’s largest insurance company did not even list in terms of share of voice.

Employment

In 2018, 402 insurance companies on the domestic makret in the UK employed over 92 thousand direct employees. The overall number of employees in the insurance market has fluctuated since the financial crisis, despite the overall number of companies falling by almost one hundred during the same period.

Number of companies operating on the domestic insurance market in the United Kingdom (UK) from 2004 to 2018

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Source

Release date

January 2020

Region

Europe, United Kingdom

Survey time period

2004 to 2018

Supplementary notes

Domestic market: the reported numbers for Domestic companies with the head office in the country and Branches of non-EU/EEA companies operating on the market.

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Statistics on "Insurance industry in the United Kingdom"

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