United Kingdom

The country profile below provides information on population, gross domestic product, insurance premiums and leading insurers.

Insurance Association

Association of British Insurers
Web: www.abi.org.uk

 

POPULATION, 2011-2014 (1)

Year Population
2011 62,698,362
2012 63,047,162
2013 63,395,574
2014 63,742,977

(1) Estimated.

Source: U.S. Central Intelligence Agency.

 

 

GROSS DOMESTIC PRODUCT, 2009-2013 (1)

Year GDP
2009 $2,281.0
2010 2,165.0
2011 2,189.0
2012 2,250.0
2013 2,378.0

(1) Based on Purchasing Power Parity calculations, which take into account the relative cost of living and inflation rates of countries. GDP estimate for July for each year shown.

Source: U.S. Central Intelligence Agency.

 

 

LIFE AND NONLIFE INSURANCE PREMIUMS, 2014

(U.S. $ millions)

  Direct premiums written
Nonlife premiums (1) $115,945
Life premiums 235,321
Total premiums $351,266
Percent of total world premiums 7.35%

(1) Includes accident and health insurance.

Source: Swiss Re, sigma, No. 4/2015.

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LEADING NONLIFE INSURANCE COMPANIES, 2013

 

  Gross written premiums
Company GBP Mn USD Mn
Aviva 4,856.6 7,592.5
AXA 3,248.2 5,078.0
Direct Line Group 3,192.6 4,991.1
RSA Group 3,067.6 4,795.6
Zurich Insurance 2,544.9 3,978.6
Allianz 2,102.1 3,286.3
Ageas 2,095.2 3,275.4
BUPA 1,698.6 2,655.5
AIG 1,595.8 2,494.7
Liverpool Victoria 1,445.4 2,259.7

Source: Axco Insurance Information Services.

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LEADING LIFE INSURANCE COMPANIES, 2013

  Gross written premiums
Company GBP Mn USD Mn
Standard Life 11,703.0 18,295.7
Lloyds Banking Group 8,397.6 13,128.2
Aviva plc 8,273.0 12,933.4
Legal & General 6,939.0 10,847.9
Aegon NV 6,030.4 9,427.4
Prudential 5,368.9 8,393.3
Friends Life 4,570.5 7,145.2
Royal London Mutual 3,765.7 5,887.0
Pension Insurance Corporation (PIC) 3,663.5 5,727.3
FIL Ltd 2,697.8 4,217.6

Source: Axco Insurance Information Services.

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