Aggregated data for Gross Written Premiums submitted by UK general insurance firms in 2020

Freedom of Information rules mean that, as a public authority, the Bank of England is obliged to disclose certain types of information, both proactively and on request.

Date: 23 November 2021

Disclosure:

The table below comprises the 2020 insurance market aggregated data for Gross Written Premiums (‘GWP’) submitted by UK general insurance firms and reflects the NS07 template that is currently available on the Regulatory reporting – insurance sector page of the Bank’s website.

Reporting Year

Plan/Year

Column Name

Value GWP (£)

2020

Reporting Period

All non-life business (ie excluding annuities stemming from accepted insurance and reinsurance contracts)

86,217,378,274

2020

Reporting Period

Medical expense

6,352,406,929

2020

Reporting Period

Income protection

1,161,828,177

2020

Reporting Period

Motor - personal

10,158,952,759

2020

Reporting Period

Motor - commercial

4,128,608,879

2020

Reporting Period

Marine, aviation and transport

7,892,899,652

2020

Reporting Period

Property - personal

8,997,776,412

2020

Reporting Period

Property - commercial

16,197,271,364

2020

Reporting Period

General Liability

15,687,226,946

2020

Reporting Period

Other

6,304,214,627

2020

Reporting Period

Accepted non-proportional reinsurance

9,336,192,524

2020

Plan year 1

All non-life business (ie excluding annuities stemming from accepted insurance and reinsurance contracts)

90,878,584,668

2020

Plan year 1

Medical expense

6,839,667,745

2020

Plan year 1

Income protection

1,195,839,754

2020

Plan year 1

Motor - personal

10,496,229,345

2020

Plan year 1

Motor - commercial

4,795,480,934

2020

Plan year 1

Marine, aviation and transport

8,515,420,826

2020

Plan year 1

Property - personal

9,086,104,892

2020

Plan year 1

Property - commercial

16,990,533,902

2020

Plan year 1

General Liability

16,664,909,943

2020

Plan year 1

Other

6,275,769,381

2020

Plan year 1

Accepted non-proportional reinsurance

10,018,627,940

2020

Plan year 2

All non-life business (ie excluding annuities stemming from accepted insurance and reinsurance contracts)

92,890,775,163

2020

Plan year 2

Medical expense

7,236,680,670

2020

Plan year 2

Income protection

1,212,063,123

2020

Plan year 2

Motor - personal

11,106,983,953

2020

Plan year 2

Motor - commercial

5,017,908,595

2020

Plan year 2

Marine, aviation and transport

8,518,600,160

2020

Plan year 2

Property - personal

9,096,986,033

2020

Plan year 2

Property - commercial

17,251,263,975

2020

Plan year 2

General Liability

16,958,402,170

2020

Plan year 2

Other

6,544,339,281

2020

Plan year 2

Accepted non-proportional reinsurance

9,947,547,198

2020

Plan year 3

All non-life business (ie excluding annuities stemming from accepted insurance and reinsurance contracts)

96,089,022,599

2020

Plan year 3

Medical expense

7,334,060,764

2020

Plan year 3

Income protection

1,210,497,626

2020

Plan year 3

Motor - personal

12,047,548,291

2020

Plan year 3

Motor - commercial

5,290,988,954

2020

Plan year 3

Marine, aviation and transport

8,942,196,406

2020

Plan year 3

Property - personal

9,323,008,206

2020

Plan year 3

Property - commercial

17,737,514,648

2020

Plan year 3

General Liability

17,430,427,592

2020

Plan year 3

Other

6,772,165,751

2020

Plan year 3

Accepted non-proportional reinsurance

10,000,614,356

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