Analysis

Who is the most profitable insurer in UKGI?

By 2023-06-06T12:19:00

financial, profit increase

Insurance DataLab analyses the latest regulatory returns of the five largest insurers in UKGI, exclusively for Insurance Times

Last year was tough for the UK general insurance market, with claims inflation, difficult economic conditions, and an evolving regulatory landscape all adding pressure to insurer’s bottom lines.

Indeed, of the five largest insurers by gross written premium (GWP), all but one reported a loss-making combined operating ratio (COR) for 2022.

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