Insurance
The Isle of Man Financial Services Authority (“the Authority”) publishes statistics on a regular basis, which summarise the size and level of activity within the various sectors of the finance industry in the Isle of Man.
As well as current figures, some historical figures are also included to show how the sectors have developed over recent years.
The Authority’s policy is, subject to the availability of data, to be transparent with industry statistics so that the users of the Island’s products and services can make informed judgements about the markets in which they are dealing.
|
FUM |
31 Dec 22 £bn |
31 Dec 21 £bn |
31 Dec 20 £bn |
31 Dec 19 £ bn |
31 Dec 18 £ bn |
|
Insurers - life sector |
79.0 |
81.6 | 74.8 | 72.8 | 66.2 |
| Insurers - non life sector | 5.5 | 5.1 | 5.82 | 5.63 |
6.30
|
| Insurance Sector | 84.5 | 86.7 | 80.6 | 78.43 | 72.5 |
| Gross Premium |
31 Dec 22 £ bn |
31 Dec 21 £ bn |
31 Dec 20 £ bn |
31 Dec 19 £ bn |
31 Dec 18 £ bn |
|
Insurers - life sector |
5.6 |
6.5 | 4.9 | 5.49 | 5.34 |
| Insurers - non life sector | 1.1 | 1.0 | 1.07 | 1.1 | 1.24 |
| Insurance Sector | 6.7 | 7.5 | 5.97 | 6.59 | 6.58 |