Insurance Companies Uk Revenue
The insurance industry of the united kingdom is the largest in europe and the fourth largest in the world.
Insurance companies uk revenue. It employs about 8 000 people and offers life and health insurance general insurance asset management and pension services. Headquartered in london legal general group is the largest british insurer with total assets of 561 billion. Oil gas producers life insurance electricity real estate investment trusts and mining. Life health travel and car insurance are well developed with a range of advantages such as affordable prices premium opportunities and much more benefits for individuals and business.
Uk insurance market provides a lot of opportunities in different financial areas. The top 25 largest insurance companies in the world by net premiums written npw and non banking assets have been revealed by global rating agency a m. 11 2bn 2018 aviva is the biggest of the all the insurance companies in the uk with a 17 market share of the life insurance and savings market as well as a 10 share of the general insurance market. Here is a list of the most popular top and largest insurance companies in the uk.
Here is a list of the largest insurance companies in the united kingdom in terms of total assets. And they generate profits of over 312 billion 411 billion usd from revenues of just over 2 trillion 2 64. In total ftse 100 companies employ 4 895 201 people not all of whom work in the uk. In terms of revenue per employee the top 5 are.
Revenue model specifics vary among health insurance companies property insurance companies and financial guarantors. It can also boast of 109 2m operating revenue and 273 5m net income in 2018. The company s revenue of 11 6b from 2018 was the reason for it to be included in the top largest uk financial and insurance companies created by global database. The first task of any insurer however is to price risk and charge a premium.
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