Analysis

Gibraltarian insurers still reporting lower solvency positions than UK

By 2023-10-04T09:54:00

secure safe umbrella protected

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%.

Read more… 

Explore more financial-related content here or discover other news analysis stories here

You need to register to continue reading the rest of this article and more for free.
(If you’re already registered, please sign in here.)

REGISTER NOW FOR FREE

We’re glad you’ve chosen Insurance Times as your source for industry news and hope you’ve been enjoying reading articles from our award-winning team of journalists.

Gain access to more of our exclusive, breaking stories, interviews and news analysis as it happens. Registering is quick, easy, free, and will also have the additional benefits:

  • Uncover Secrets: Dive deep with exclusive annual reports, fueled by expert insights.
  • News That Matters: Award-winning coverage & analysis, delivered to your inbox.
  • Stay Ahead, Your Way: Daily or weekly - choose your news rhythm.
  • Own Your Learning: Curate your knowledge with a personalized library.

Register for FREE now and Keep Reading

Stay on top of the insurance game with our subscription! Get unlimited access to over 80,000 articles, in-depth analysis, exclusive reports by industry experts, and our Five-Star rating system to compare companies and find the best fit for your business needs - view subscription options.