In 2018, the companies with the highest operating profit margin on the general insurance market in the United Kingdom were home insurance price comparison websites, with approximately 53 percent of their total revenue as operating profit.
General insurance refers to non-life insurance types such as motor and home insurance. Home insurance provides protection against risks to property such as water and leakage damage, fire and explosion, theft and other, whereas motor insurance offers financial protection in case of property or persons damage caused by the owner or driver of the vehicle. 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.
Overall operating profit margin of companies on the home and motor insurance market in the United Kingdom (UK) in 2018, by company
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Financial Conduct Authority. (October 30, 2019). Overall operating profit margin of companies on the home and motor insurance market in the United Kingdom (UK) in 2018, by company [Graph]. In Statista. Retrieved November 05, 2024, from https://www.statista.com/statistics/1069833/operating-profit-margin-motor-home-insurance-companies/
Financial Conduct Authority. "Overall operating profit margin of companies on the home and motor insurance market in the United Kingdom (UK) in 2018, by company." Chart. October 30, 2019. Statista. Accessed November 05, 2024. https://www.statista.com/statistics/1069833/operating-profit-margin-motor-home-insurance-companies/
Financial Conduct Authority. (2019). Overall operating profit margin of companies on the home and motor insurance market in the United Kingdom (UK) in 2018, by company. Statista. Statista Inc.. Accessed: November 05, 2024. https://www.statista.com/statistics/1069833/operating-profit-margin-motor-home-insurance-companies/
Financial Conduct Authority. "Overall Operating Profit Margin of Companies on The Home and Motor Insurance Market in The United Kingdom (Uk) in 2018, by Company." Statista, Statista Inc., 30 Oct 2019, https://www.statista.com/statistics/1069833/operating-profit-margin-motor-home-insurance-companies/
Financial Conduct Authority, Overall operating profit margin of companies on the home and motor insurance market in the United Kingdom (UK) in 2018, by company Statista, https://www.statista.com/statistics/1069833/operating-profit-margin-motor-home-insurance-companies/ (last visited November 05, 2024)
Overall operating profit margin of companies on the home and motor insurance market in the United Kingdom (UK) in 2018, by company [Graph], Financial Conduct Authority, October 30, 2019. [Online]. Available: https://www.statista.com/statistics/1069833/operating-profit-margin-motor-home-insurance-companies/
