Annual Report And Accounts

Overview

The report presents PIC's 2025 performance across financial strength, policyholder service and sustainability. It reports a 257% solvency ratio, £6,752m gross premiums written and 99.0% policyholder satisfaction. Its sustainability strategy is organized around four pillars, and the company says it achieved its 2025 decarbonisation targets, including a 43% reduction in Scope 1 and 2 location-based emissions. PIC also reports commitments to reduce portfolio WACI by 50% by 2030 and reach net zero across all emissions by 2050.

Document

Report type: Annual Report with Sustainability Disclosures
Class: Embedded
Scope: Full report
Fiscal year: 2025
Period: Ends 31 December 2025
Language: English
Pages
File size
Restatement: Disclosed

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Overview