This report summarises Solvency and Financial Condition Reports (SFCRs) as they relate to non-life insurers regulated in the United Kingdom or Gibraltar, comparing year-end 2025 and 2024 figures. The analyses underlying this report focus on information contained in the Quantitative Reporting Templates (QRTs) within the SFCRs. The focus is on solo entities rather than groups.
Key findings
- Gross written premiums (GWP) decreased to £67 billion at year-end 2025, from £69 billion a year earlier.
- GWP increased for general liability over the year while decreasing the most in motor vehicle liability and other motor.
- Ceded written premiums decreased to £26 billion, down from £27 billion.
- The majority of UK non-life insurers continue to be heavily invested in bonds.
- Overall, technical provisions—excluding the risk margin—increased during 2025.
- The ratio of eligible own funds to the solvency capital requirement decreased to 184%, down from 191%.
- The ratio of eligible own funds to the minimum capital requirement has decreased to 526%, down from 530%.
- There were no material changes to the tiering of own funds between 2024 and 2025.