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Total number of United Kingdom (UK) authorized insurance companies from 2018 to 2024, by sector

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Source

Release date

August 2025

Region

United Kingdom

Survey time period

2018 to 2024

Supplementary notes

The source provides the following information: "This chart shows the total number of authorized insurance firms in the UK, split between those which submit UK Solvency II QRTs and those that do not. The UK Solvency II firms are further categorized into Life and Non-life firms, where composite firms, as detailed in the Annex above, are grouped as Life or Non-life based on their primary business."

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Number of insurance companies in the UK 2018-2024, by sector

Published by Jenny Yang, Dec 10, 2025

The overall number of insurance companies in the United Kingdom fell by about ** between 2018 and 2021. As of 2024, there were *** UK-based insurance companies, and *** of them operated within the non-life primary sector. A total of ** companies were involved in the non-SII (non-solvency II) sector and 9* in the life primary insurance sector.

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Non-life insurance industry in the UKLife insurance worldwideReinsuranceCyber insuranceB2C insurtech UK
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