Date: 7 March 2024
Disclosure:
The table below sets out the total gross written premiums for the following insurance types for 2022.
Insurance Category |
Line of Business |
Total |
---|---|---|
Medical Expense Insurance |
£7,175,650,763 |
|
Income Protection Insurance |
£1,104,057,365 |
|
Motor |
Motor Vehicle Liability Insurance and Other Motor Insurance – personal lines |
£10,504,415,318 |
Motor |
Motor Vehicle Liability Insurance and Other Motor Insurance – non personal lines |
£4,853,650,033 |
Property |
Fire and other damage to property insurance – personal lines |
£9,423,458,203 |
Property |
Fire and other damage to property insurance – non personal lines |
£22,174,387,614 |
General Liability |
Employers Liability |
£2,159,254,660 |
General Liability |
Professional Indemnity |
£11,491,208,320 |
General Liability |
Public and Products Liability |
£6,899,171,920 |
General Liability |
Other General Liability |
£3,022,437,582 |
Credit and Suretyship Insurance |
£1,809,737,257 |
|
Legal Expenses Insurance |
£556,474,568 |
|
Miscellaneous Financial Loss |
£3,308,658,974 |
The table below sets out how the premiums are split across the different types of distribution channels:
Line of Business |
Distribution Channel |
Total |
---|---|---|
Motor Vehicle Liability – personal |
Direct Distribution/ Open Market/ Price Comparison Website |
£5,037,548,898 |
Broker / Intermediary |
£4,618,135,497 |