Insurance business written by class of insurance — Net written in United Kingdom of Great Britain and Northern Ireland
United Kingdom of Great Britain and Northern Ireland: Insurance business written by class of insurance — Net written was 12,443 Euro in 2024. ▲ Rising
Latest (2024)
12,443 Euro
Change on year
up 19.6%
World rank
5th
of 40 countries
All-time high
15,894 Euro
in 2018
All-time low
1,958 Euro
in 1987
Years of data
27
1987–2024
Insurance business written by class of insurance — Net written in United Kingdom of Great Britain and Northern Ireland, 1987–2024
Source: Organisation for Economic Co-operation and Development. Measured in Euro.
Analysis
In 2024, insurance business written by class of insurance — net written in United Kingdom of Great Britain and Northern Ireland stood at 12,443 Euro.
That represents a change of up 19.6% on the previous year and up 32.5% over ten years.
Over the whole period, insurance business written by class of insurance — net written in United Kingdom of Great Britain and Northern Ireland peaked at 15,894 Euro in 2018 and was at its lowest, 1,958 Euro, in 1987.
United Kingdom of Great Britain and Northern Ireland ranks 5th of 40 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 27 years of available data.
Insurance business written by class of insurance — Net written in United Kingdom of Great Britain and Northern Ireland, year by year
| Year | Euro | Change |
|---|---|---|
| 1987 | 1,958 Euro | — |
| 1988 | 2,510 Euro | +28.2% |
| 1989 | 2,848 Euro | +13.5% |
| 1990 | 3,185 Euro | +11.8% |
| 1991 | 3,752 Euro | +17.8% |
| 1992 | 4,142 Euro | +10.4% |
| 1993 | 4,116 Euro | -0.6% |
| 1994 | 3,942 Euro | -4.2% |
| 1995 | 3,834 Euro | -2.7% |
| 1996 | 4,040 Euro | +5.4% |
| 1997 | 5,136 Euro | +27.1% |
| 1998 | 5,386 Euro | +4.9% |
| 2000 | 6,367 Euro | +18.2% |
| 2001 | 8,122 Euro | +27.6% |
| 2002 | 8,309 Euro | +2.3% |
| 2003 | 7,464 Euro | -10.2% |
| 2004 | 7,700 Euro | +3.2% |
| 2005 | 8,950 Euro | +16.2% |
| 2016 | 9,393 Euro | +4.9% |
| 2017 | 9,114 Euro | -3.0% |
| 2018 | 15,894 Euro | +74.4% |
| 2019 | 9,079 Euro | -42.9% |
| 2020 | 7,996 Euro | -11.9% |
| 2021 | 8,703 Euro | +8.8% |
| 2022 | 9,527 Euro | +9.5% |
| 2023 | 10,403 Euro | +9.2% |
| 2024 | 12,443 Euro | +19.6% |
United Kingdom of Great Britain and Northern Ireland compared with similar countries
- United Kingdom of Great Britain and Northern Ireland's 12,443 Euro is above the median for high income countries, which is 1,986 Euro, 6.3× the median. (25 countries reporting)
- United Kingdom of Great Britain and Northern Ireland's 12,443 Euro is above the median for Europe & Central Asia, which is 1,435 Euro, 8.7× the median. (15 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 2,439 Euro | 1,958 Euro | 2,848 Euro | 3 |
| 1990s | 4,170 Euro | 3,185 Euro | 5,386 Euro | 9 |
| 2000s | 7,818 Euro | 6,367 Euro | 8,950 Euro | 6 |
| 2010s | 10,870 Euro | 9,079 Euro | 15,894 Euro | 4 |
| 2020s | 9,814 Euro | 7,996 Euro | 12,443 Euro | 5 |
Countries ranked near United Kingdom of Great Britain and Northern Ireland
- 2 Türkiye 4,049 Euro compare
- 2 Germany 64,846 Euro compare
- 2 Croatia 136.64 Euro compare
- 3 Canada 13,618 Euro compare
- 3 Poland 1,004 Euro compare
- 4 Slovenia 194.31 Euro compare
- 4 Spain 12,757 Euro compare
- 5 Lithuania 187 Euro compare
- 6 Latvia 177.78 Euro compare
- 6 Mexico 8,174 Euro compare
- 7 Italy 7,719 Euro compare
- 8 Bermuda 7,124 Euro compare
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 insurance business written by class of insurance — net written in United Kingdom of Great Britain and Northern Ireland?
- Insurance business written by class of insurance — net written in United Kingdom of Great Britain and Northern Ireland was 12,443 Euro in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest insurance business written by class of insurance — net written recorded in United Kingdom of Great Britain and Northern Ireland?
- The highest recorded value was 15,894 Euro in 2018.
- What is the lowest insurance business written by class of insurance — net written recorded in United Kingdom of Great Britain and Northern Ireland?
- The lowest recorded value was 1,958 Euro in 1987.
- How does United Kingdom of Great Britain and Northern Ireland rank for insurance business written by class of insurance — net written?
- United Kingdom of Great Britain and Northern Ireland ranks 5th out of 40 countries with data for 2024.
- Is insurance business written by class of insurance — net written rising or falling in United Kingdom of Great Britain and Northern Ireland?
- Over the last ten years it is up 32.5%. 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 Insurance business written by class of insurance — Net written premiums. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 27 observations, free to reuse under OECD Terms and Conditions (attribution required).
About this data
This dataset covers the breakdown of premiums by insurance class for life and non-life insurance.