It is estimated that in the United Kingdom (UK), premiums written (B2C) in the life, annuities and payment protection industry will have fallen by approximately 2.5 billion British pounds between 2018 and 2024.
Although still decreasing, the share of premiums written online has been forecast to grow slightly during this period by one percent. To learn more about the future of the B2C digital insurance industry in the UK, read our in-depth report.
Estimated value of life, annuities and payment protection insurance premiums written online and offline in the United Kingdom (UK) from 2018 to 2024
(in billion GBP)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Statista. (October 16, 2019). Estimated value of life, annuities and payment protection insurance premiums written online and offline in the United Kingdom (UK) from 2018 to 2024 (in billion GBP) [Graph]. In Statista. Retrieved December 03, 2024, from https://www.statista.com/statistics/1060460/total-value-of-online-insurance-premiums-written-to-the-total-market-in-the-united-kingdom/
Statista. "Estimated value of life, annuities and payment protection insurance premiums written online and offline in the United Kingdom (UK) from 2018 to 2024 (in billion GBP) ." Chart. October 16, 2019. Statista. Accessed December 03, 2024. https://www.statista.com/statistics/1060460/total-value-of-online-insurance-premiums-written-to-the-total-market-in-the-united-kingdom/
Statista. (2019). Estimated value of life, annuities and payment protection insurance premiums written online and offline in the United Kingdom (UK) from 2018 to 2024 (in billion GBP) . Statista. Statista Inc.. Accessed: December 03, 2024. https://www.statista.com/statistics/1060460/total-value-of-online-insurance-premiums-written-to-the-total-market-in-the-united-kingdom/
Statista. "Estimated Value of Life, Annuities and Payment Protection Insurance Premiums Written Online and Offline in The United Kingdom (Uk) from 2018 to 2024 (in Billion Gbp) ." Statista, Statista Inc., 16 Oct 2019, https://www.statista.com/statistics/1060460/total-value-of-online-insurance-premiums-written-to-the-total-market-in-the-united-kingdom/
Statista, Estimated value of life, annuities and payment protection insurance premiums written online and offline in the United Kingdom (UK) from 2018 to 2024 (in billion GBP) Statista, https://www.statista.com/statistics/1060460/total-value-of-online-insurance-premiums-written-to-the-total-market-in-the-united-kingdom/ (last visited December 03, 2024)
Estimated value of life, annuities and payment protection insurance premiums written online and offline in the United Kingdom (UK) from 2018 to 2024 (in billion GBP) [Graph], Statista, October 16, 2019. [Online]. Available: https://www.statista.com/statistics/1060460/total-value-of-online-insurance-premiums-written-to-the-total-market-in-the-united-kingdom/