Property and casualty insurance quarterly price change in the UK 2016-2024

Published by Statista Research Department, May 7, 2025

As of the second quarter of 2024, composite commercial insurance prices in the United Kingdom (UK) recorded a negative value at three percent, following an overall downward trend since 2021. Included in the composite commercial insurance calculation is property, casualty and FinPro insurance. Among the three business lines, FinPro (financial and professional liability insurance) saw a drastic drop, amounting to negative seven percent. Interestingly, all lines of insurance saw historically large increases until 2021, reaching their peak value in the fourth quarter of 2020 except casualty insurance.

Price change of commercial non-life insurance in the United Kingdom (UK) from Q1 2016 to Q2 2024, by business line

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Release date

March 2025

Region

United Kingdom

Survey time period

Q1 2016 to Q2 2024

Supplementary notes

*Financial and professional liability insurance. 

Values before Q2 2020 are taken from previous editions.

Release date is the date of access.

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