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Research report

Analysing 2023 Solvency and Financial Condition Reports (SFCR) of non-life insurers in Europe and the UK

10 October 2024

We analysed 795 solo companies that conduct primarily non-life business across 13 European Union (EU) member states, the United Kingdom, and Gibraltar and found gross written premium rose 6%. In this report, we discuss European market coverage, underlying data, and the conflicts in Ukraine and the Middle East. Using data from solvency and financial condition reports (SFCRs) for year-end 2023, we then present an analysis of the following: 

  • Capital coverage ratios 
  • SCR and minimum capital requirements
  • Own funds
  • Main balance sheet items
  • Underwriting

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