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UK gender pay gaps in the insurance industry


Employers in the United Kingdom with more than 250 employees must report the difference in what they pay male and female employees by April 4. The requirement was enshrined in the Equality Act of 2010, with the regulations coming into effect on April 5, 2017.

Below is a list of commercial insurance organizations with operations in the United Kingdom that have reported their gender pay gaps. The figures reflect the average difference in hourly pay and bonuses calculated on a mean basis. In all cases the figures reflect the percentage women are paid less than men.

Allianz Global Corporate & Specialty A.G., a unit of Allianz S.E.
Pay: 36.5%
Bonus: 65.4%

AIG Europe Ltd., a unit of American International Group Inc.
Pay: 29%
Bonus: 57%

Aon U.K. Ltd., a unit of Aon P.L.C.
Pay: 37.9%
Bonus: 75.1%

Arthur J. Gallagher Services (U.K.) Ltd., a unit of Arthur J. Gallagher & Co.
Pay: 51%
Bonus: 82.2%

Aspen Insurance UK Services Ltd., a unit of Aspen Insurance Holdings Ltd.
Pay: 21.7%
Bonus: 45.6%

Axa U.K. P.L.C., a unit of Axa S.A.
Pay: 20.6%
Bonus: 38.7%

Beazley Management Ltd.
Pay: 37%
Bonus: 78.1%

Brit Group Services Ltd.
Pay: 31.7%
Bonus: 64.1%

Canopius Services Ltd., a unit of Canopius A.G.
Pay: 39.9%
Bonus: 62.4%

Charles Taylor P.L.C.
Pay: 43.6%
Bonus: 78.1%

Chaucer Syndicates Ltd., a unit of The Hanover Insurance Group Inc.
Pay: 39.5%
Bonus: 72.1%

Chubb Services U.K. Ltd., a unit of Chubb Ltd.
Pay: 35.2%
Bonus: 67.4%

CNA Services UK Ltd., a unit of CNA Financial Corp.
Pay: 34.1%
Bonus: 62.5%

Crawford & Co. Adjusters (U.K.) Ltd., a unit of Crawford & Co.
Pay: 43.5%
Bonus: 69%

Cunningham Lindsey United Kingdom
Pay: 34.2%
Bonus: 55.2%

Ed Broking Group Ltd.
Pay: 48%
Bonus: 75%

Euler Hermes Services UK Ltd., a unit of Allianz S.E.
Pay: 29%
Bonus: 49.8%

FM Insurance Co. Ltd., a unit of FM Global
Pay: 36.2%
Bonus: 67.1%

Gallagher Bassett International Ltd., a unit of Gallagher Basset Services Inc.
Pay: 25.3%
Bonus: 90.6%

Hiscox Underwriting Group Services Ltd., a unit of Hiscox Ltd.
Pay: 31.1%
Bonus: 71.1%

HSB Engineering Insurance Ltd., a unit of Munich Reinsurance Co.
Pay: 21%
Bonus: 38%

Hyperion Insurance Group Ltd.
Pay: 41.2%
Bonus: 73.7%

Integro Insurance Brokers Ltd., a unit of Integro Group Holdings L.P.
Pay: 75%
Bonus: 85%

Jardine Lloyd Thompson Group P.L.C.
Pay: 44.1%
Bonus: 75.8%

Liberty Specialty Markets Ltd., a unit of Liberty Mutual Insurance Co.
Pay: 39.6%
Bonus: 67.6% 

Lloyd’s of London
Pay: 27.7%
Bonus: 36.7%

Marsh UK — including Jelf Ltd. and Bluefin Insurance Group Ltd. — and Guy Carpenter & Co. Ltd., units of Marsh & McLennan Cos. Inc.
Pay: 42.5%
Bonus: 60.2%

Miller Insurance Services L.L.P.
Pay: 35.6%
Bonus: 68.3%

MS Amlin Corporate Services Ltd., a unit of MS Amlin P.L.C.
Pay: 49.7%
Bonus: 77.5%

Munich Re U.K. Services Ltd., a unit of Munich Reinsurance Co.
Pay: 59.6%
Bonus: 57.6%

Novae Management Ltd., a unit of Axis Capital Holdings Ltd.
Pay: 47.2%
Bonus: 75.3%

Price Forbes & Partners Ltd.
Pay: 53%
Bonus: 61%

QBE Management Services (U.K.) Ltd., a unit of QBE Insurance Group Ltd.
Pay: 32.8%
Bonus: 78.1%

R&Q Central Services Ltd., a unit of Randall & Quilter Investment Holdings Ltd.
Pay: 37.4%
Bonus: 39.6%

Royal Sun Alliance P.L.C.
Pay: 33%
Bonus: 63.2%

Swiss Re Services Ltd., a unit of Swiss Re Ltd.
Pay: 38%
Bonus: 65%

Talbot Underwriting Ltd., a unit of Validus Holdings Ltd.
Pay: 35%
Bonus: 78%

THB Group Ltd.
Pay: 41.6%
Bonus: 53.4%

Thomas Miller & Co. Ltd.
Pay: 45.3%
Bonus: 67.4%

Tokio Marine Kiln Insurance Services Ltd., a unit of Tokio Marine & Nichido Fire Insurance Co. Ltd.
Pay: 33.1%
Bonus: 60.7%

Travelers Management Ltd., a unit of Travelers Cos. Inc.
Pay: 30.8%
Bonus: 68.8%

Unum European Holding Co. Ltd., a unit of Unum Group
Pay: 27.3%
Bonus: 66.2%

Willis Towers Watson P.L.C.
Pay: 38.9%
Bonus: 68.8%

XL Catlin Services S.E., a unit of XL Group Ltd.
Pay: 30.2%
Bonus: 64.9%

Zurich U.K. General Services Ltd., a unit of Zurich Financial Services Ltd.
Pay: 25.9%
Bonus: 45%