Top 100 UK insurers: AM Best commentary

The profit margins of UK non-life insurers remain under pressure this year due to the effects of strong competition and unfavourable claims trends. In the first half of 2016, rate increases were achieved for some lines of business, but the benefit was largely offset by a combination of higher claims, an increase in the level of insurance premium tax and levies related to Flood Re.

This article sheds light on how the UK’s top 100 insurers have fared over the past year and the key factors impacting the industry.

Topics covered:
• Impact of higher insurance premium tax.
• Rising claims.
• Flood Re.
• Brexit uncertainty.
• Ultimate loss ratios by business line: 2006-2015.
• Combined ratios by business line: 2011-2015.