In 2023, the largest insurance company traded on the London Stock Exchange (LSE) was Old Mutual Ltd. That year, the African financial services group employed almost 32,000 people worldwide. The second- and third-place rankings were completed by Aviva PLC and Prudential PLC, with around 24,360 and 14,680 employees, respectively.
Who leads the insurance industry in the UK?
Prudential had the largest market cap of LSE-traded insurers in 2023, beating Legal & General Group PLC by almost 10 billion British pounds. When viewed on a global scale, Prudential was among the largest 25 insurance companies in the world.
Non-life insurance in the UK
Also referred to as “general insurance,” non-life insurance includes insurance policies that provide a guarantee of compensation for loss, damage or illness. With the United Kingdom having one of the largest insurance markets globally, gross written premiums are always increasing.
Leading insurance companies traded on the London Stock Exchange in the United Kingdom (UK) in 2023, by number of employees
(in 1,000s)
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Financial Times. (January 5, 2024). Leading insurance companies traded on the London Stock Exchange in the United Kingdom (UK) in 2023, by number of employees (in 1,000s) [Graph]. In Statista. Retrieved October 30, 2024, from https://www.statista.com/statistics/933658/leading-insurance-companies-in-the-uk-by-number-of-employees/
Financial Times. "Leading insurance companies traded on the London Stock Exchange in the United Kingdom (UK) in 2023, by number of employees (in 1,000s)." Chart. January 5, 2024. Statista. Accessed October 30, 2024. https://www.statista.com/statistics/933658/leading-insurance-companies-in-the-uk-by-number-of-employees/
Financial Times. (2024). Leading insurance companies traded on the London Stock Exchange in the United Kingdom (UK) in 2023, by number of employees (in 1,000s). Statista. Statista Inc.. Accessed: October 30, 2024. https://www.statista.com/statistics/933658/leading-insurance-companies-in-the-uk-by-number-of-employees/
Financial Times. "Leading Insurance Companies Traded on The London Stock Exchange in The United Kingdom (Uk) in 2023, by Number of Employees (in 1,000s)." Statista, Statista Inc., 5 Jan 2024, https://www.statista.com/statistics/933658/leading-insurance-companies-in-the-uk-by-number-of-employees/
Financial Times, Leading insurance companies traded on the London Stock Exchange in the United Kingdom (UK) in 2023, by number of employees (in 1,000s) Statista, https://www.statista.com/statistics/933658/leading-insurance-companies-in-the-uk-by-number-of-employees/ (last visited October 30, 2024)
Leading insurance companies traded on the London Stock Exchange in the United Kingdom (UK) in 2023, by number of employees (in 1,000s) [Graph], Financial Times, January 5, 2024. [Online]. Available: https://www.statista.com/statistics/933658/leading-insurance-companies-in-the-uk-by-number-of-employees/