The insurance and long-term savings sector is over a fifth of the way towards its commitment to invest £100bn in UK productive assets across the next decade, with latest figures confirming progress of £22.8bn since 2024, the ABI has revealed.
The update report published today by the ABI shows £11.5bn was invested across 2025.
The industry is already a key investor in UK infrastructure projects, providing long-term investment capital for the benefit of communities and businesses across the nations and regions. The update report shows a number of investments made in this period, including high-quality rental and social housing for families on an average income, temporary accommodation for vulnerable residents awaiting a long-term home, education campuses and vital water infrastructure for approximately 2.5 million people across North West England.
Annuity providers’ pledge to invest £100bn was made following changes to the prudential regulatory regime, now known as Solvency UK, which made it easier for the insurance and long-term savings industry to invest in productive assets.
The top three sectors invested in over the first two years of pledge are real estate (£9bn, including helping to build affordable and social housing and student accommodation), utilities (£5.3bn, including energy and water supply), and transport, storage and construction (£1.8bn, including in ports, buses and rail transport).
Economic secretary to the Treasury, Lucy Rigby, commented: "It’s very good to see that insurers are on track to deliver on their pledge to invest £100bn in UK productive assets, like energy, housing and infrastructure projects. These are tangible investments which are driving economic growth and positive change in communities across the country."
Hannah Gurga, director general of the ABI, added: “Two years into this pledge, firms have already invested almost £23bn into projects that make a real difference across the UK, from new homes and student accommodation to major water infrastructure and education facilities. This is exactly the sort of long-term investment our sector is well placed to provide. Maintaining a stable and predictable policy environment will be essential if firms are to continue investing at scale in the homes, infrastructure and businesses that support economic growth across the country.”