Date: 18 September 2019
Disclosure:
The table below provides total figures for 2016, 2017 and 2018 for the UK life market. The data has been extracted from the Solvency II Regulatory Returns submitted by all UK solo firms, and are reflective of the firms’ financial year-end value at the point it has been reported within the respective years. Please note that the vast majority of these firms have a standard financial year-end (i.e. 31 December), however, a small number of firms have non-standard year-end dates. Those figures are also included in the table.
| 2016 (£ millions) | 2017 (£ millions) | 2018 (£ millions) | |
|---|---|---|---|
| Net earned premiums |
142,487 | 196,500 | 207,494 |
| Net claims incurred | 140,664 | 240,099 | 274,018 |
| Total expenses | 13,567 | 12,076 | 12,904 |