Gross loss ratios of private motor insurers in the United Kingdom 2006-2015

Gross loss ratios of private motor insurance companies in the United Kingdom from 2006 to 2015, by accident year*

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Release date

September 2017

Region

United Kingdom

Survey time period

2006 to 2015

Supplementary notes

* According to the source, the initial gross ULR (or: ultimate loss ratio) indicated "the loss ratio recorded across the market for that accident year at the end of the accident year in question." The gross ULR denotes "the estimate of the loss ratio for that accident year as at the 2015 year-end."

The source states that "analyses were performed based on information included in the Prudential Regulation Authority (PRA) returns submitted by PRA-regulated insurance companies as at 31 December, 2015. As such, the analyses exclude the performance of insurers not regulated directly by the PRA, e.g., those registered in Gibraltar, Dublin, or other countries, or those that operate via Lloyd's".

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