Motor insurance provides financial protection in case of property or persons damage caused by the owner or driver of the vehicle. There are three main types of motor insurance in the United Kingdom - third party, third party, fire and theft, and comprehensive. Operating profit margin indicates the profitability of a company or a sector and is calculated as the ratio of the operating profit to the total revenue.
Between 2013 to 2018, the operating profit margin of motor insurance intermediaries in the United Kingdom (UK) decreased overall.
In 2018, the companies with highest operating profit margin on the general insurance market in the UK were home insurance price comparison websites.
Overall operating profit margin of motor insurance intermediaries in the United Kingdom (UK) from 2013 to 2018
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Financial Conduct Authority. (October 30, 2019). Overall operating profit margin of motor insurance intermediaries in the United Kingdom (UK) from 2013 to 2018 [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/1069822/operating-profit-margin-motor-insurance-intermediaries/
Financial Conduct Authority. "Overall operating profit margin of motor insurance intermediaries in the United Kingdom (UK) from 2013 to 2018." Chart. October 30, 2019. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/1069822/operating-profit-margin-motor-insurance-intermediaries/
Financial Conduct Authority. (2019). Overall operating profit margin of motor insurance intermediaries in the United Kingdom (UK) from 2013 to 2018. Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/1069822/operating-profit-margin-motor-insurance-intermediaries/
Financial Conduct Authority. "Overall Operating Profit Margin of Motor Insurance Intermediaries in The United Kingdom (Uk) from 2013 to 2018." Statista, Statista Inc., 30 Oct 2019, https://www.statista.com/statistics/1069822/operating-profit-margin-motor-insurance-intermediaries/
Financial Conduct Authority, Overall operating profit margin of motor insurance intermediaries in the United Kingdom (UK) from 2013 to 2018 Statista, https://www.statista.com/statistics/1069822/operating-profit-margin-motor-insurance-intermediaries/ (last visited November 23, 2024)
Overall operating profit margin of motor insurance intermediaries in the United Kingdom (UK) from 2013 to 2018 [Graph], Financial Conduct Authority, October 30, 2019. [Online]. Available: https://www.statista.com/statistics/1069822/operating-profit-margin-motor-insurance-intermediaries/
