Top UK insurance companies by assets and market cap
The insurance industry of the United Kingdom is one of the largest in the world and it is a world leader as an exporter of insurance to the rest of the world. The UK general insurance market continues to be fiercely competitive, but is troubled by sustained low profitability fuelled by the predominance of online distribution channels (aggregators, brokers and other direct distributors). The specialty and commercial lines market are the world’s largest, and truly global. Despite its traditional image, the pace of change is accelerating considerably, with increasing focus on new product development to address emerging risks, use of… Continue reading