Analysing 2023 Solvency and Financial Condition Reports (SFCR) of non-life insurers in the UK and Gibraltar
Based on our analysis of 100 solo companies that are both pursuing primarily non-life business in the United Kingdom and are regulated in either the UK or Gibraltar, we have found that financial performance varied across 2023, as the country entered a high inflationary environment. Our research report covering last year discusses the following:
- United Kingdom market coverage
- Inflation
- Geopolitical conflicts
- Climate change
- Solvency coverage ratios: How did the market do?
- Analysis of solvency capital requirements, minimum capital requirement, own funds, main balance sheet items, and underwriting.
Explore more tags from this article
About the Author(s)
Contact us
We’re here to help you break through complex challenges and achieve next-level success.
Contact us
We’re here to help you break through complex challenges and achieve next-level success.
Analysing 2023 Solvency and Financial Condition Reports (SFCR) of non-life insurers in the UK and Gibraltar
For non-life insurers in the UK, motor vehicle liability and assistance lines helped drive operating margins down to -0.6% in 2023, from 0.4% in 2022.