UK insurers generate £41bn in premiums
UK general insurance premiums totalled £41bn for 1998, according to the latest Insurance Statistics Y...
UK general insurance premiums totalled £41bn for 1998, according to the latest Insurance Statistics Yearbook published by the Association of British Insurers. The report shows that between 1989 and 1998, the general insurance sector generated approximately £381bn.Last year, insurers collected life and pensions premiums worth an average of £210m per day, which over 10 years' amassed to £482bn of policyholders' savings.
Over the same decade, insurers paid out life and pensions benefits in the
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