With the Insurance Times Top 50 Insurers report out this month, data provider Insurance DataLab takes a look at the solvency positions of insurers across the UK and Gibraltarian insurance markets.
Insurance DataLab’s exclusive analysis of insurer Solvency and Financial Condition Reports (SFCRs) for Insurance Times has found that UK-regulated companies reported an average solvency coverage ratio (SCR) of 177.8% for 2022/23.
This was some 39.4 percentage points higher than the positions for Gibraltarian insurers, which reported an average SCR of 138.4%.
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