HIGHWAY INSURANCE COMPANY LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Gross written premiums

  -7.9%

  £396,400,000 → £365,100,000

• Net earned premiums

  -1.7%

  £395,000,000 → £388,100,000

• Profit before tax

  +211.9%

  -£14,300,000 → £16,000,000

• Equity

  +7.8%

  £239,800,000 → £258,400,000

• Claims incurred

  -1.8%

  £296,000,000 → £290,700,000

• Insurance contract liabilities

  +0.4%

  £605,000,000 → £607,700,000

• Investment return

  +134.3%

  £9,900,000 → £23,200,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

1. HIGHWAY INSURANCE COMPANY LIMITED 1999-11-10 → present
2. TWINARENA LIMITED 1999-03-10 → 1999-11-10

Accounting basis

IFRS

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“These Financial Statements have been prepared on a going concern basis. The Company has capital in excess of the minimum regulatory requirements. In addition, the Board has reviewed the Company's forecasts for the next 12 months and beyond. The Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for at least 12 months from the reporting date of the Financial Statements.”

Significant events

• “The intention is that the Board will apply for a Part VII transfer as part of the programme to rationalise the insurance entities in Allianz UK during 2026.”
• “During the year, the Board initiated a competitive tender process for the external audit of the Company. Following this process, in December the Board confirmed its intention to appoint Ernst & Young LLP as statutory auditor, subject to the expected cessation of PricewaterhouseCoopers LLP holding office as statutory auditor after the conclusion of the audit for the financial year ending 31 December 2026, and subject to shareholder approval.”
• “Between 2009 and 2025, courts have ordered eight separate PPOs relating to accidents resulting in claims against policies underwritten by the Company, with LVIC named as the defendant insurer. Consequently, LVIC is legally obligated to fulfil the requirements of these PPOs. The Company has managed the financial and operational liabilities associated with these eight PPOs. On 1 April 2025, the Company and LVIC executed a Deed of Indemnity ("Deed"), which formally outlines the roles and responsibilities each party has undertaken since the issuance of the PPOs.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

9

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.