Property and casualty insurance: quarterly price change United Kingdom 2016-2021
As of the third quarter of 2021, composite commercial insurance prices in the United Kingdom (UK) rose by 27 percent, which was the sixteenth consecutive quarter with a price increase. Included in the composite commercial insurance calculation is property, casualty and FinPro insurance. Among the three business lines, FinPro (financial and professional liability insurance) saw the highest price growth at 54 percent. While all lines of insurance saw historically large increases over 2021, the levels of the increases was below the peak seen in the fourth quarter of 2021.
