Statistics about insurance and reinsurance firms in the UK between 1 April 2013 and 25 October 2018

We publish details of a selection of requests made under the Freedom of Information Act 2000, and the information we disclose in response.

Date: 11 February 2019

Disclosure:

(1) Bankruptcies per year of insurance and reinsurance firms in the UK

The table below provides the number of bankruptcies per year of insurance and reinsurance firms in the UK between 1 April 2013 and 25 October 2018: 

Year  Number of bankruptcies 
1 April - 31 December 2013
1
1 January - 31 December 2014
2
1 January - 31 December 2015
3
1 January - 31 December 2016
1 January - 31 December 2017
1 January - 25 October 2018

(2)  The table below sets out the percentage per year of active firms authorised and regulated by the Prudential Regulation Authority (‘PRA’) as at each year end from 2013 through to 2017.  The number of non-UK insurance and reinsurance firms writing business in the UK bears no relation to the amount of business written by these firms. 

Year end  UK insurance and reinsurance firms  authorised by the PRA  EEA authorised insurance and reinsurance firms  with permission to conduct business in the UK  EEA authorised insurance and reinsurance firms actively conducting business in the UK  Of insurance and reinsurance firms authorised to conduct business in the UK, the percentage that are authorised by the PRA Of active insurance and reinsurance firms authorised to conduct business in the UK, the percentage that are authorised by the PRA 
31 December 2013
556 699  349  44%  61% 
31 December 2014
526 797  368  40%  59% 
31 December 2015
496 755  344  40%  59% 
31 December 2016
464 773  352  38%  57% 
31 December 2017
443 792  408  36%  52%