The United Kingdom (UK) is undoubtedly one of Europe's largest insurance markets. In 2018, the life and non-life insurance segment registered total expenses amounting to approximately 14.4 and 30.4 billion euros respecively. Expense ratios indicate how total expenses relate to premiums earned. In 2018, the UK had the second lowest life expense ratios in Europe.
Total expenses of life and non-life insurance companies in the United Kingdom (UK) from 2017 to 2018
(in billion euros)
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EIOPA. (January 6, 2020). Total expenses of life and non-life insurance companies in the United Kingdom (UK) from 2017 to 2018 (in billion euros) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1113524/life-and-non-life-insurance-market-total-expenses-united-kingdom/
EIOPA. "Total expenses of life and non-life insurance companies in the United Kingdom (UK) from 2017 to 2018 (in billion euros)." Chart. January 6, 2020. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1113524/life-and-non-life-insurance-market-total-expenses-united-kingdom/
EIOPA. (2020). Total expenses of life and non-life insurance companies in the United Kingdom (UK) from 2017 to 2018 (in billion euros). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1113524/life-and-non-life-insurance-market-total-expenses-united-kingdom/
EIOPA. "Total Expenses of Life and Non-life Insurance Companies in The United Kingdom (Uk) from 2017 to 2018 (in Billion Euros)." Statista, Statista Inc., 6 Jan 2020, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1113524/life-and-non-life-insurance-market-total-expenses-united-kingdom/
EIOPA, Total expenses of life and non-life insurance companies in the United Kingdom (UK) from 2017 to 2018 (in billion euros) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1113524/life-and-non-life-insurance-market-total-expenses-united-kingdom/ (last visited November 10, 2024)
Total expenses of life and non-life insurance companies in the United Kingdom (UK) from 2017 to 2018 (in billion euros) [Graph], EIOPA, January 6, 2020. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1113524/life-and-non-life-insurance-market-total-expenses-united-kingdom/
