UK motor insurance profitability: Analysing 2024 market financial results

Milliman – In this report, we present the results of our analyses of the performance of the UK motor market for the year ending 31 December 2024, along with commentary on market issues up until the date of publication.

We have focused on the two Solvency II lines of business (LoBs) that cover motor insurance, these being Motor Vehicle Liability and Other Motor (together, Total Motor).

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