BGL Group founder Steyn leapfrogs the De Haans in the insurance rich list 2018

Hopping on to the top spot on the 2018 insurance rich list is BGL Group founder Douw Steyn and his family, according to the latest edition of the Sunday Times Rich List.

Steyn’s wealth rose to £900m, up £50m on the year before and pushing Sir Roger and Peter De Haan into second.

However, he dropped two places in the overall list from equal 152^nd to equal 154^th.

Hot on his heels are former Saga owners the De Haans, currently worth £890m and placing in 158^th, down from 148^th the previous year when they were worth £895m.

The De Haans sold over 50s travel and insurance provider Saga in 2004.

Esure chairman Sir Peter Wood saw his wealth rise by £88m to £781m, which places him in third in the insurance list and 172^nd overall. He has risen from 187^th in 2017.

In fourth on the insurance rich list, Henry Engelhardt and his family ranked 176^th overall, up from equal 180^th last year.

The former Admiral chief executive stepped down in 2016, but retain his ties with the business, which he started in 1991.

Homeserve founder Richard Harpin saw his worth jump by £102m since the 2017 rankings.

He is now worth £458m and has swept from 335^th in the overall list in 2017, to 284^th in 2018.

The rest of the pack

Also featuring on the list is Sompo International chairman and chief executive John Charman in equal 410^th, with £300m.

Enstar director and chief executive officer Dominic Silvester’s £250m worth bags him the 480^th spot.

Neil Utley, former Hastings chairman, ranks at 499^th overall, with £249m.

Admiral chief executive David Stevens and his wife Heather join Engelhardt on the list, ranking in 579^th with a worth of £202m.

In 584^th, Sabre founder Angus Ball makes the list. He is worth £200m.

Former Saga chairman Andrew Goodsell is worth £195m, ranking 620^th.

Ball’s Sabre co-founder Keith Morris ranks 675^th overall, with a worth of £175m.

Brian Scowcroft and Janet Lefton take equal 713^th place, worth £165m. The brother and sister made their names at Swinton Insurance.

Former General Electric chairman and chief executive Sir Clive Cowdery takes equal 804^th place overall, with £147m.

Grahame Chilton, AJG chief executive, nets the final place on the list. He is worth £125m, ranking equal 912^th in 2018.