Balance sheet and income statement of insurance companies — Gross in United Kingdom of Great Britain and Northern Ireland
United Kingdom of Great Britain and Northern Ireland: Balance sheet and income statement of insurance companies — Gross was 2.38 million Euro in 2024. ▲ Rising
Balance sheet and income statement of insurance companies — Gross in United Kingdom of Great Britain and Northern Ireland, 2006–2024
Source: Organisation for Economic Co-operation and Development. Measured in Euro.
Analysis
The most recent figure for balance sheet and income statement of insurance companies — gross in United Kingdom of Great Britain and Northern Ireland is 2.38 million Euro, measured in 2024.
The figure is down 5.2% on the previous year and up 6.8% over ten years.
Over the whole period, balance sheet and income statement of insurance companies — gross in United Kingdom of Great Britain and Northern Ireland peaked at 2.70 million Euro in 2021 and was at its lowest, 1.44 million Euro, in 2008.
That places United Kingdom of Great Britain and Northern Ireland 1st out of 46 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 19 years of available data.
Balance sheet and income statement of insurance companies — Gross in United Kingdom of Great Britain and Northern Ireland, year by year
| Year | Euro | Change |
|---|---|---|
| 2006 | 2.21 million Euro | — |
| 2007 | 2.10 million Euro | -4.9% |
| 2008 | 1.44 million Euro | -31.5% |
| 2009 | 1.64 million Euro | +14.0% |
| 2010 | 1.83 million Euro | +11.7% |
| 2011 | 1.78 million Euro | -2.7% |
| 2012 | 1.86 million Euro | +4.7% |
| 2013 | 1.92 million Euro | +3.2% |
| 2014 | 2.23 million Euro | +15.9% |
| 2015 | 2.30 million Euro | +3.2% |
| 2016 | 2.30 million Euro | +0.1% |
| 2017 | 2.25 million Euro | -2.1% |
| 2018 | 2.12 million Euro | -6.1% |
| 2019 | 2.44 million Euro | +15.1% |
| 2020 | 2.32 million Euro | -4.7% |
| 2021 | 2.70 million Euro | +16.5% |
| 2022 | 2.28 million Euro | -15.7% |
| 2023 | 2.51 million Euro | +10.1% |
| 2024 | 2.38 million Euro | -5.2% |
United Kingdom of Great Britain and Northern Ireland compared with similar countries
- United Kingdom of Great Britain and Northern Ireland's 2.38 million Euro is above the median for high income countries, which is 192,250 Euro, 12.4× the median. (30 countries reporting)
- United Kingdom of Great Britain and Northern Ireland's 2.38 million Euro is above the median for Europe & Central Asia, which is 227,989 Euro, 10.4× the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.85 million Euro | 1.44 million Euro | 2.21 million Euro | 4 |
| 2010s | 2.10 million Euro | 1.78 million Euro | 2.44 million Euro | 10 |
| 2020s | 2.44 million Euro | 2.28 million Euro | 2.70 million Euro | 5 |
Countries ranked near United Kingdom of Great Britain and Northern Ireland
More economy & growth data for United Kingdom of Great Britain and Northern Ireland
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.14 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.42 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 86.93 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0217 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1,251 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 76.63 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 691.49 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0191 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,103 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 22.77 % change on previous year (2025)
All data for United Kingdom of Great Britain and Northern Ireland →
Frequently asked questions
- What is balance sheet and income statement of insurance companies — gross in United Kingdom of Great Britain and Northern Ireland?
- Balance sheet and income statement of insurance companies — gross in United Kingdom of Great Britain and Northern Ireland was 2.38 million Euro in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest balance sheet and income statement of insurance companies — gross recorded in United Kingdom of Great Britain and Northern Ireland?
- The highest recorded value was 2.70 million Euro in 2021.
- What is the lowest balance sheet and income statement of insurance companies — gross recorded in United Kingdom of Great Britain and Northern Ireland?
- The lowest recorded value was 1.44 million Euro in 2008.
- How does United Kingdom of Great Britain and Northern Ireland rank for balance sheet and income statement of insurance companies — gross?
- United Kingdom of Great Britain and Northern Ireland ranks 1st out of 46 countries with data for 2024.
- Is balance sheet and income statement of insurance companies — gross rising or falling in United Kingdom of Great Britain and Northern Ireland?
- Over the last ten years it is up 6.8%. The long-run trend across the full record is rising.
- Where does this United Kingdom of Great Britain and Northern Ireland data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Balance sheet and income statement of insurance companies — Gross technical provisions. Statizoid updates them automatically from the source API.
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About this data
This dataset covers multiple items pertaining to the balance sheet and income statement of direct insurers and reinsurers, such as assets, technical provisions, shareholders' equity, net income, gross claims paid, gross operating expenses, commissions and changes in outstanding claims provisions.