Statistics

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.

Funds under management

                FUM

 31 Dec 15

£ bn

 31 Dec 14

£ bn

 31 Dec 13

£ bn

 31 Dec 12

£ bn

 31 Dec 11

£ bn

 31 Dec 10

£ bn

 31 Dec 09

£ bn

 31 Dec 08

£ bn

 31 Dec 07

£ bn

Insurers - life sector 58.8 58.0 56.5 53.1 49.8 49.8 41.3 36.7 37.7
Insurers - non life sector 6.26 5.9 4.7 5.5 5.5 5.4 5.8 6.0 5.2
Insurance sector 65.06 63.9 61.2 58.6 55.3 55.2 47.1 42.7 42.9
                   
Pensions sector 7.2 7.0 2.4 2.1 1.9 1.7 1.4 1.3 1.5
                   
Combined sectors 72.26 70.9 63.6 60.7 57.2 56.9 48.5 44.0 44.4

Gross premium income

        Gross premium  31 Dec 15

£ bn

 31 Dec 14

£ bn

 31 Dec 13

£ bn

 31 Dec 12

£ bn

 31 Dec 11

£ bn

 31 Dec 10

£ bn

 31 Dec 09

£ bn

 31 Dec 08

£ bn

 31 Dec 07

£ bn

Insurers - life sector 6.5 6.3 6.6 6.4 7.7 8.9 5.8 8.0 8.5
Insurers - non life sector 1.43 1.5 1.0 1.1 1.2 1.2 1.6 1.2 1.4
                   
Insurance sector 7.93 7.8 7.6 7.5 8.9 10.1 7.4 9.2 9.9

Summary of registrations under the Insurance Act 2008

Insurance registrations 

31 Mar 16

no.

 31 Mar 15

no.

31 Mar 14

no.

 31 Mar 13

no.

31 Mar 12

no.

31 Mar 11

no.

 31 Mar 10

no.

 31 Mar 09

no.

31 Mar 08

no.

 31 Mar 07

no.

Authorised Insurers - life 16 16 16 16 16 16 16 17 17 17
Authorised Insurers - non life 118 121 122 127 132 140 144 155 159 166
Authorised Insurers total 134 137 136 143 148 156 160 172 176 183
                     
Permitted insurers  16 16 19  16  15  15  17  19  19  20 
Insurance Managers  22  22 22  22 21  21  21  23  23  24
General insurance intermediaries  24  25 29 33  33  33  36  36  35  38 
                     
Insurance sector  196 200  208  214  217  225  234  250  253  265