Statistics

International Insurers

LAST 12 MONTH'S MOVEMENT
​Type ​31 Dec 2023 ​Additions Surrenders​ ​Net Change 31 Dec 2024
​Companies 226 12 17 -5 221
​PCCs 46 1 1 0 46
​PCC Cells (excluding ILS) 216 21 18 3 219
​ICCs 15 1 2 -1 14
​ICC Cells 53 7 14 -7 46
​Totals 556 42 52 -10 546

 

Type of Insurer (Non-cellular) 31 Dec 2023 Additions Surrenders Net Change 31 Dec 2024
Captives 204 10 17 -7 197
Commercial General Insurers* 55 5 1 4 59
Commercial Reinsurers 25 4 1 3 28
Commercial Life Insurers 14 0 0 0 14
Special Purpose Vehicles 42 2 15 -13 29
Totals 340 21 34 -13 327

* Includes 31 Retail General Insurers

Type of Insurer (Cell) 31 Dec 2023 Additions Surrenders Net Change 31 Dec 2024
Captives 123 14 8 6 129
Commercial General Insurers 9 2 1 1 10
Commercial Reinsurers 27 3 2 1 28
Commercial Life Insurers 36 0 0 0 36
Special Purpose Vehicles 21 2 7 -5 16
Totals 216 21 18 3 219

Some figures for 31 December 2023 have been restated

 

International Insurers Gross Assets, Net Worth and Premiums written:

  Gross Assets (£bn) Net Worth (£bn) Premiums (£bn)
Date Nominal Inflation Adjusted Nominal Inflation Adjusted Nominal Inflation Adjusted
2023 30.10 30.10 12.75 12.75 5.29 5.29
2022 29.86 32.43 12.48 13.55 4.79 5.20
2021 29.95 36.26 11.06 13.39 4.61 5.58
2020 31.29 39.48 12.22 15.42 4.62 5.83
2019 31.39 40.27 12.93 16.59 5.02 6.44
2018 30.15 39.66 13.37 17.59 5.25 6.91
2017 28.33 38.51 12.90 17.54 5.10 6.93
2016 28.75 40.57 12.86 18.15 5.48 7.73
2015 23.86 34.31 11.48 16.51 5.54 7.97
2014 23.66 34.36 11.57 16.80 4.94 7.18
2013 22.87 34.03 10.14 15.09 4.83 7.19
2012 22.35 34.27 9.32 14.29 4.63 7.10
2011 21.76 34.44 8.97 14.20 4.62 7.31
2010 21.40 35.66 8.46 14.10 4.05 6.75
2009 20.77 36.25 8.13 14.19 3.94 6.88
2008 18.54 33.00 6.82 12.14 3.91 6.96
2007 16.01 29.72 6.53 12.12 3.48 6.46
2006 16.22 31.08 6.47 12.40 3.88 7.43
2005 14.70 28.99 5.61 11.06 3.36 6.63
2004 14.74 29.73 5.87 11.84 3.27 6.60
2003 14.34 29.56 5.33 10.99 3.44 7.09
2002 12.30 26.07 4.52 9.58 2.88 6.10
2001 11.52 24.96 4.92 10.66 2.21 4.79

International insurers gross assets

International insurers net worth

International insurers gross premium

Authorised Managers

  31 Dec 2023 Additions Surrenders Net Change 31 Dec 2024
Total 23 2 1 1 24

Insurance Intermediaries and domestic insurers 

Type 31 Dec 2023 Additions Surrenders Net Change 31 Dec 2024
Insurance Intermediaries 34 2 1 1 35
Domestic Insurers 5 0 0 0 5
Totals 39 2 1 1 40