Figure 1: UK pet insurance GWP grows by 12.8% in 2022
Figure 2: The number of pet insurance policyholders continues to grow in 2022
Figure 3: Dog insurance accounted for more than two thirds of total policyholders in 2022
Figure 4: Inflation is expected to have peaked in 2022
Figure 5: Dogs accounted for 78.5% of pet insurance GWP in 2022
Figure 6: The average premium for other pets fell by 19.8% in 2022
Figure 7: The cost of veterinary services and other services for pets is rising
Figure 8: The total number of reported claims increased by 28.4% in 2022 to reach a record high
Figure 9: The total confirmed value and volume of fraudulent claims reached record highs in 2022
Figure 10: Gross claims incurred increased by 16.8% in 2022
Figure 11: The average dog claim fell by 8.5% in 2022 – the first decline since 2017
Figure 12: There is room for growth for tracking technology to monitor pets in the UK
Figure 13: Allianz was responsible for the largest share of premiums in the pet insurance market in 2022
Figure 14: Allianz accounted for the most contracts in 2022
Figure 15: The pet insurance market is set to reach just under GBP2 billion by 2027
Figure 16: There is potential for growth in the pet insurance market
Figure 17: There will be 4.6 million pet insurance policyholders by 2027
Figure 18: Forecasting methodology