Aggregated data for Gross Written Premiums submitted by UK general insurance firms in 2023

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: 28 May 2025

Disclosure:

The table below comprises the 2023 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.

Reporting year/plan

Column name

Value GWP (£)

2023 Reporting Period

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

123,620,972,218

2023 Reporting Period

Medical expense

8,111,386,892

2023 Reporting Period

Income protection

1,314,736,010

2023 Reporting Period

Motor - personal

13,104,670,926

2023 Reporting Period

Motor - commercial

4,746,324,709

2023 Reporting Period

Marine, aviation and transport

11,483,948,484

2023 Reporting Period

Property - personal

10,299,302,268

2023 Reporting Period

Property - commercial

27,174,007,855

2023 Reporting Period

General Liability

25,704,888,068

2023 Reporting Period

Other

8,081,788,383

2023 Reporting Period

Accepted non-proportional reinsurance

13,341,422,095

2023 – Planned GWP year 1

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

132,605,133,786

2023 – Planned GWP year 1

Medical expense

8,959,778,995

2023 – Planned GWP year 1

Income protection

1,400,211,594

2023 – Planned GWP year 1

Motor - personal

14,270,970,852

2023 – Planned GWP year 1

Motor - commercial

5,373,012,684

2023 – Planned GWP year 1

Marine, aviation and transport

12,105,444,915

2023 – Planned GWP year 1

Property - personal

10,922,624,128

2023 – Planned GWP year 1

Property - commercial

28,381,736,606

2023 – Planned GWP year 1

General Liability

27,884,774,336

2023 – Planned GWP year 1

Other

8,666,435,920

2023 – Planned GWP year 1

Accepted non-proportional reinsurance

14,359,880,813

2023 – Planned GWP year 2

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

144,002,841,350

2023 – Planned GWP year 2

Medical expense

9,739,860,594

2023 – Planned GWP year 2

Income protection

1,557,479,668

2023 – Planned GWP year 2

Motor - personal

15,477,924,608

2023 – Planned GWP year 2

Motor - commercial

5,610,087,194

2023 – Planned GWP year 2

Marine, aviation and transport

13,292,013,980

2023 – Planned GWP year 2

Property - personal

11,367,752,801

2023 – Planned GWP year 2

Property - commercial

30,612,415,404

2023 – Planned GWP year 2

General Liability

30,691,398,552

2023 – Planned GWP year 2

Other

9,452,142,170

2023 – Planned GWP year 2

Accepted non-proportional reinsurance

15,892,259,943

2023 – Planned GWP year 3

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

155,579,079,325

2023 – Planned GWP year 3

Medical expense

10,274,411,582

2023 – Planned GWP year 3

Income protection

1,701,284,658

2023 – Planned GWP year 3

Motor - personal

16,613,952,443

2023 – Planned GWP year 3

Motor - commercial

6,008,904,857

2023 – Planned GWP year 3

Marine, aviation and transport

14,550,545,449

2023 – Planned GWP year 3

Property - personal

11,337,959,940

2023 – Planned GWP year 3

Property - commercial

33,252,988,315

2023 – Planned GWP year 3

General Liability

33,830,473,596

2023 – Planned GWP year 3

Other

10,164,335,476

2023 – Planned GWP year 3

Accepted non-proportional reinsurance

17,502,522,951