Between 2018 and 2023, the value of gross written property insurance premiums in the United Kingdom (UK) saw an overall increase across all business lines. In 2023, commercial line reported overĀ 27 billion British pounds gross written premium, while personal line exceeded 10 billion British pounds for the first time during this period. During this period, the commercial property insurance experienced a slight decline only in 2019, whereas the personal property insurance experienced the same in 2020.
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Property insurance gross written premiums in the United Kingdom (UK) from 2018 to 2023, by line of business
(in million British pounds)
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Bank of England. (September 12, 2024). Property insurance gross written premiums in the United Kingdom (UK) from 2018 to 2023, by line of business (in million British pounds) [Graph]. In Statista. Retrieved June 26, 2025, from https://www.statista.com/statistics/283382/property-insurance-gross-written-premiums-in-the-uk-since-2002/
Bank of England. "Property insurance gross written premiums in the United Kingdom (UK) from 2018 to 2023, by line of business (in million British pounds)." Chart. September 12, 2024. Statista. Accessed June 26, 2025. https://www.statista.com/statistics/283382/property-insurance-gross-written-premiums-in-the-uk-since-2002/
Bank of England. (2024). Property insurance gross written premiums in the United Kingdom (UK) from 2018 to 2023, by line of business (in million British pounds). Statista. Statista Inc.. Accessed: June 26, 2025. https://www.statista.com/statistics/283382/property-insurance-gross-written-premiums-in-the-uk-since-2002/
Bank of England. "Property Insurance Gross Written Premiums in The United Kingdom (Uk) from 2018 to 2023, by Line of Business (in Million British Pounds)." Statista, Statista Inc., 12 Sep 2024, https://www.statista.com/statistics/283382/property-insurance-gross-written-premiums-in-the-uk-since-2002/
Bank of England, Property insurance gross written premiums in the United Kingdom (UK) from 2018 to 2023, by line of business (in million British pounds) Statista, https://www.statista.com/statistics/283382/property-insurance-gross-written-premiums-in-the-uk-since-2002/ (last visited June 26, 2025)
Property insurance gross written premiums in the United Kingdom (UK) from 2018 to 2023, by line of business (in million British pounds) [Graph], Bank of England, September 12, 2024. [Online]. Available: https://www.statista.com/statistics/283382/property-insurance-gross-written-premiums-in-the-uk-since-2002/