Life insurance in the UK

Statistics report on life insurance in the United Kingdom (UK)

This report presents a range of statistics and facts about the life insurance market in the United Kingdom. Following an overview of the broader life insurance market, information is provided about the market segmentation, leading companies, and product sales. One unique feature of life insurance is how the insurance companies are able to invest the premiums received for policies, so the next section focuses in the investments made by this industry, before concluding with a market outlook.

Table of contents

Market overview

4
  • Premium Statistic Estimated value of life and nonlife direct premiums written in the UK 2008-2023
  • Premium Statistic Insurance penetration - value of premiums to GDP in Europe by country 2024
  • Premium Statistic Number of insurance companies in the UK 2018-2024, by sector
  • Premium Statistic ESG scores of the worlds' largest insurance companies 2025, by provider

Segments

5
  • Basic Statistic Life insurance premiums per capita in Europe 2016-2023, by country
  • Basic Statistic Size of life insurance markets in Europe 2019-2023, by country
  • Premium Statistic Insurance penetration - value of premiums to GDP in Europe by country 2024
  • Premium Statistic Share of commercial non-life insurance premiums in UK 2018-2024, by line of business
  • Premium Statistic Life insurance market share in terms of gross premium in the United Kingdom 2007-2022

Leading companies

5
  • Premium Statistic Insurance firms in Europe 2024, by insurance revenue
  • Premium Statistic Leading European life & health insurance companies by market cap 2026
  • Premium Statistic London Stock Exchange (LSE) trading largest insurance companies 2025, by market cap
  • Premium Statistic Leading insurance companies traded on LSE 2025, by number of employees
  • Premium Statistic Most popular life insurance companies in Great Britain in 2023

Sales metrics

4
  • Basic Statistic Life insurance premiums per capita in Europe 2016-2023, by country
  • Premium Statistic Share of households with life insurance in the United Kingdom, by ownership status
  • Premium Statistic Household spending on life insurance in the UK 1997-2023
  • Premium Statistic Life insurance and pension services complaints in the UK 2023, by firm

Assets and investments

5
  • Premium Statistic Assets of insurance companies in the UK 2002-2023
  • Premium Statistic Total investment assets of life insurance firms in the UK Q1 2027-Q3 2024, by type
  • Premium Statistic Total investment insurance firms Europe 2024, by country and segment
  • Premium Statistic Balance sheet assets of life insurance firms in the UK Q1 2027-Q3 2024, by asset type
  • Basic Statistic Balance sheet liabilities of life insurance firms in the UK Q1 2027-Q3 2024, by type
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