This report provides information about the underwriting profitability of the top 10 UK motor insurers. It analyzes different performance measures, including loss, expense and combined ratios. In addition, it provides data on GWP for the top 10 motor insurers in 2006 and how this has changed since 2005.

Scope

Data on 2006 loss, expense and combined ratios for the leading UK motor insurers Insight into the underwriting efficiency of the top 10 UK motor insurers Information on motor insurance premium income changes for leading UK motor insurers in 2005 and 2006

Highlights

Improving motor insurance market conditions were evident in 2006 as the average loss ratio of the top 10 motor insurers decreased by 3.3 percentage points, to 71.1%. Average expense ratios among the leading UK motor insurers only changed modestly in 2006, declining by less than a percentage point, from 27.3% in 2005, to 26.7% in 2006. The top 10 UK motor insurers recorded an average combined ratio of 97.8% in 2006 which represents a 4 percentage point decrease from 2005. Moreover this reduction moved the average from a position of underwriting loss into underwriting profit.

Reasons to Purchase

Understand changes in average motor performance ratios Benchmark your performance ratios against those of major competitors Identify which motor insurers became more or less profitable in 2006