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Property and casualty insurance: quarterly price change United Kingdom 2016-2020

As of the first quarter of 2020, commercial composite insurance prices in the United Kingdom (UK) rose by 21 percent, which was the fifth consecutive quarter with a price increase. Commercial composite insurance includes property, casualty and FinPro insurance. Among the three business lines, FinPro (financial and professional liability insurance) saw the highest price growth at 46 percent. According to the source, the spike in pricing is explained by reduced capacity, as insurance companies try to reduce exposure to specific risks in their portfolio.

Price change of commercial non-life insurance in the United Kingdom (UK) from Q1 2016 to Q1 2020, by business line

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Release date

June 2020


United Kingdom

Survey time period

1st quarter 2016 to 1st quarter 2020

Supplementary notes

* Financial and professional liability insurance.

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