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From the first quarter of 2017 through to the third quarter of 2024, technical provisions (including index-linked and unit-linked) accounted for the largest portion of life insurance firm liabilities in the United Kingdom. As of 2024, insurance firms had roughly 1.58 trillion British pounds in technical provisions liabilities, an increase of approximately 332 billion British pounds since the first quarter of 2017. Technical provisions excluding index-linked and unit-linked were the second-largest liability category on the balance sheet, accounting for roughly 631 billion British pounds in the third quarter of 2024. The value of total liabilities plus equity was equal to that of total balance sheet assets.