UK insurance companies’ half-year results – what to look out for

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Tax, investments and pension rules can change over time so the information below may not be current. This article was correct at the time of publishing, however, it may no longer reflect our views on this topic.

The way insurance companies report their profits has changed. Here are three of the bigger changes and what you need to understand.

This article isn’t personal advice. If you’re not sure whether an investment is right for you please seek advice. If you choose to invest the value of your investment will rise and fall, so you could get back less than you put in.

6 September 2023

Insurance businesses are notoriously difficult to analyse, but it’s important to understand what you’re invested in. The contracts come in all shapes and sizes, financial results are littered with jargon, and there’s a load of different performance metrics management teams want investors to watch for. But that’s where we come in.

New accounting rules called IFRS17 were recently introduced, and some of the biggest UK insurers have just released their first set of half-year results since the new measures.

Now’s a good time to look at what’s changed and discuss some key metrics we’ll be looking out for when analysing an insurance company. You might have seen some before, but others might be new.

This article isn’t personal advice. If you’re not sure an