Motor insurance provides financial protection in case of property or persons damage caused by the owner or driver of the vehicle. There are three main types of motor insurance in the United Kingdom - third party, third party, fire and theft, and comprehensive. Operating profit margin indicates the profitability of a company or a sector and is calculated as the ratio of the operating profit to the total revenue.

Profit of the motor insurance sector

From 2013 to 2018, the operating profit margin of motor insurers in the United Kingdom (UK) fluctuated between seven and 16 percent. After a several-year-period of the industry registering net annual underwriting losses, 2017 and 2018 ended with a net underwriting profit.

The motor insurance sector in the UK is a competitive one

The UK has the highest number of motor insurance companies operating on the domestic market in Europe, with as many as France, Germany and Italy combined. There are multiple channels for obtaining motor insurance and many different products to choose from. In 2018, the companies with the highest operating profit margin on the motor insurance market in the UK were motor insurance price comparison websites. More in-depth information on the topic can be found in the Statista dossier on motor insurance in the UK.

Hong Kong Underwriting Profit: Year to Date: Motor Vehicle, Damage, Liability data was reported at -287.954 HKD mn in Mar 2018. This records an increase from the previous number of -394.480 HKD mn for Dec 2017. Hong Kong Underwriting Profit: Year to Date: Motor Vehicle, Damage, Liability data is updated quarterly, averaging 1.671 HKD mn from Jun 1999 (Median) to Mar 2018, with 76 observations. The data reached an all-time high of 531.931 HKD mn in Dec 2004 and a record low of -454.928 HKD mn in Sep 2017. Hong Kong Underwriting Profit: Year to Date: Motor Vehicle, Damage, Liability data remains active status in CEIC and is reported by Office of the Commissioner of Insurance. The data is categorized under Global Database’s Hong Kong – Table HK.Z021: Insurance Statistics: General Business (Provisional).

Hong Kong Underwriting Profit: RB: Year to Date: Motor Vehicle, Damage, Liability data was reported at -257,112.000 HKD th in Mar 2018. This records a decrease from the previous number of 722.000 HKD th for Dec 2017. Hong Kong Underwriting Profit: RB: Year to Date: Motor Vehicle, Damage, Liability data is updated quarterly, averaging 12,108.000 HKD th from Mar 2007 (Median) to Mar 2018, with 45 observations. The data reached an all-time high of 129,165.000 HKD th in Dec 2010 and a record low of -257,112.000 HKD th in Mar 2018. Hong Kong Underwriting Profit: RB: Year to Date: Motor Vehicle, Damage, Liability data remains active status in CEIC and is reported by Office of the Commissioner of Insurance. The data is categorized under Global Database’s Hong Kong – Table HK.Z023: Insurance Statistics: General Business: Reinsurance Inward Business (Provisional).

承销利润：DB：年初至今：机动车，损害，责任 （MDL）在03-01-2018达-30,842.000千港元，相较于12-01-2017的-395,202.000千港元有所增长。承销利润：DB：年初至今：机动车，损害，责任 （MDL）数据按季更新，03-01-2007至03-01-2018期间平均值为13,175.000千港元，共45份观测结果。该数据的历史最高值出现于12-01-2010，达157,304.000千港元，而历史最低值则出现于12-01-2017，为-395,202.000千港元。CEIC提供的承销利润：DB：年初至今：机动车，损害，责任 （MDL）数据处于定期更新的状态，数据来源于保險業監管局，数据归类于Global Database的香港 – 表 HK.Z022：保险统计：一般业务：直接交易（临时性）。