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Statistics

The ABI collects extensive data from insurers & long term savings providers, covering everything from motor and property insurance to life assurance and pensions. The data is available to members for free as a benefit of their membership while non-members can access data upon payment of a subscription fee.

The UK insurance and long term savings provider industry:

  • Is the largest in Europe, and third largest in the world. It manages investments of £1.9trn (equivalent to 25% of the UK’s total net worth).
  • Contributed £29bn to UK GDP in 2012, which equates to more than a fifth of the total value added for the financial services industry.
  • Employs around 334,000 people – 114,300 of which are directly employed by insurance & long term savings provider companies and 219,700 are employed in auxiliary services to insurance and pension funding; such as broking and 3rd party services.

Funds managed by insurance & long term savings providers, by asset class


  • At the end of 2014, £1.9trn of assets was held by insurers & long term savings providers, of which £1.8trn was held by long term savings providers.
  • UK equity holdings have decreased by 12 percentage points over the past 10 years.
  • Unit trust holdings have increased by 11 percentage points.

Latest news

ABI comment on discount rate court ruling
James Dalton, ABI Director of General Insurance Policy, comments on todays ruling.
20/01/2017
ABI launches legal challenge to Lord Chancellor’s decision to review discount rate for personal injury damages
Judicial Review challenges Government over ‘flawed methodology’
19/12/2016
ABI calls for ‘clear commitment’ to a transitional implementation period following Brexit
The UK government should “make a clear commitment that it will seek an early agreement with our European partners on a high level transit...
07/12/2016
Amanda Blanc appointed new chair of the ABI's General Insurance Council
Amanda Blanc, Group CEO, AXA UK & Ireland, has been appointed as the new chair of the ABI’s General Insurance Council (GIC).
21/11/2016
Dedicated Pensions Dashboard team established at the ABI
The Association of British Insurers (ABI) has assembled a dedicated team to take forward the ambitious Pensions Dashboard project, making...
12/10/2016
University Challenge - students need insurance cover
Students urged to get cover, with possessions worth an average £3,500
20/08/2016