MAY 2025

We are pleased to share our latest analysis of 2024 SFCR returns for UK motor insurers.  This preliminary report provides an early view of market dynamics, including trends in premium growth, profitability, and solvency across the UK motor sector.

The findings are based on public regulatory disclosures from 22 insurers, covering over 80% of the UK motor insurance market by gross written premium.  As more firms publish their 2024 SFCRs, we plan to expand the analysis later this year.

Our study includes firm-by-firm data on gross written premium, combined operating ratios, and solvency ratios, along with commentary on the evolving market structure, particularly the impact of consolidation among the largest players.

A full list of firms included in this early analysis is available in the report.

If you would like to discuss the implications of these findings for your business or the wider market, we would be happy to arrange a private conversation.