We are pleased to share our latest analysis of 2024 SFCR returns for UK motor insurance firms.

This briefing note updates the findings from our Preliminary Findings analysis of the UK motor market issued in May 2025. It is based on the 2024 public disclosures of UK Motor insurance firms and now includes 35 firms based in UK and Gibraltar and comprises over 95% of market gross written premium.

In addition to extending our analysis to cover almost all of the market, this study presents three new elements of analysis for 2024:

• More on the A-Team.  A split of our motor insurance market share analysis to consider personal and commercial lines segments separately.
• Reviewing the use of QRTs for profit measures. We investigate how well QRT reported combined ratios inform our picture of market profitability.
• Hunting Whales!  A graphical comparison of how underwriting profits were shared across the market for 2023 and 2024.

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.