The UK insurance industry is the largest in Europe and the fourth largest in the world.
It plays an essential part in the UK’s economic strength, managing investments of over £1.6 trillion and paying nearly £12bn in taxes to the Government. It employs around 300,000 individuals, of which around a third are employed directly by providers with the remainder in auxiliary services such as broking.
On behalf of its members, the ABI works with government, regulators and policymakers to create and maintain effective insurance markets for consumers, and represents the UK insurance market in the media.
We provide consumers with general information on insurance and savings products and services and promote best practice, transparency and high standards within the industry.
Each year the ABI publishes a summary booklet of the UK insurance industry.
This booklet provides facts and figures from 2015 (unless otherwise stated and where available) about UK insurance and its significant contribution both to the economy and society.