Property and casualty insurance: quarterly price change United Kingdom 2016-2021

Published by Statista Research Department, Nov 1, 2024
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.

Price change of commercial non-life insurance in the United Kingdom (UK) from Q1 2016 to Q3 2021, by business line

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Release date

October 2021

Region

United Kingdom

Survey time period

1st quarter 2016 to 3rd quarter 2021

Supplementary notes

* Financial and professional liability insurance.

Values prior to Q4 2016 taken from previous editions.

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