Subject/Request Details: (a) Premiums written gross for certain lines of insurance business within the NS 07 firms (Business model analysis non-life; Insurance business) of the National Specific Template for UK Insurance and (b) the overall splits of premiums written gross across different types of distribution channels.
Date: 23 November 2017
Disclosure:
(a) The table below sets out the gross written premium for the following insurance types. The figures are aggregated over all UK insurance firms that submitted the NS 07 template as at their 2016 year end reporting date:
| Insurance category | Line of Business | Total Premium written gross £ |
| Medical Expense Insurance | 5,343,404,294 | |
| Income Protection Insurance |
1,438,609,694 |
|
| Motor |
Motor Vehicle Liability Insurance and Other Motor Insurance – personal lines |
8,005,691,829 |
| Motor |
Motor Vehicle Liability Insurance and Other Motor Insurance – non personal lines |
4,286,920,208 |
| Property | Fire and other damage to property insurance – personal lines |
7,409,149,392 |
| Property | Fire and other damage to property insurance – non personal lines |
11,823,497,779 |
| General Liability |
Employers Liability |
1,244,193,585 |
| General Liability |
Professional Indemnity |
4,803,384,459 |
| General Liability |
Public and Products Liability | 3,339,873,827 |
| General Liability |
Other General Liability | 3,947,854,203 |
| Credit and Suretyship Insurance |
1,523,228,055 | |
| Legal Expenses Insurance |
499,393,641 | |
| Miscellaneous Financial Loss |
2,554,743,613 |
(b) The table below sets out how the premiums are split across different types of distribution channels:
| Line of Business | Distribution Channel | Gross Written Premium £ |
| Income Protection | Direct Distribution | 273,613,921 |
| Broker / Intermediary | 883,492,097 | |
| Price Comparison Website | 396,516 | |
| Other | 26,351,252 | |
| Motor Vehicle Liability – personal | Direct Distribution | 2,908,137,226 |
| Broker / Intermediary | 2,823,686.292 | |
| Price Comparison Website | 1,371,252,124 | |
| Other | 15,902,549 | |
| Fire and damage to property – personal | Direct Distribution | 1,619,899,890 |
| Broker / Intermediary | 4,882,606,836 | |
| Price Comparison Website | 175,958,646 | |
| Other | 3,410,547 |