In 2020, only six European countries saw positive median gross written premium growth in the life insurance sector. In the Portugal, which recorded the largest decline, the median growth was 37 percent. Conversely, nine countries saw negative growth in the non-life sector. In 2019, the United Kingdom was the largest European market by both life and non-life gross written premiums.
Median annual gross written premium (GWP) growth for life and non-life insurance in Europe in 2020, by country
* Country value not provided by the source for life insurance, but a consolidated value median GWP growth value of 31.10% is provided for 'other' countries.
Sample includes insurers with financial year end within the calendar year. Exchange rate conversions to EUR using ECB exchange rates as of reference date.
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EIOPA. (September 30, 2021). Median annual gross written premium (GWP) growth for life and non-life insurance in Europe in 2020, by country [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1126589/life-non-life-insurance-sector-annual-gross-written-premium-growth-europe-by-country/
EIOPA. "Median annual gross written premium (GWP) growth for life and non-life insurance in Europe in 2020, by country ." Chart. September 30, 2021. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1126589/life-non-life-insurance-sector-annual-gross-written-premium-growth-europe-by-country/
EIOPA. (2021). Median annual gross written premium (GWP) growth for life and non-life insurance in Europe in 2020, by country . Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1126589/life-non-life-insurance-sector-annual-gross-written-premium-growth-europe-by-country/
EIOPA. "Median Annual Gross Written Premium (Gwp) Growth for Life and Non-life Insurance in Europe in 2020, by Country ." Statista, Statista Inc., 30 Sep 2021, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1126589/life-non-life-insurance-sector-annual-gross-written-premium-growth-europe-by-country/
EIOPA, Median annual gross written premium (GWP) growth for life and non-life insurance in Europe in 2020, by country Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1126589/life-non-life-insurance-sector-annual-gross-written-premium-growth-europe-by-country/ (last visited November 10, 2024)
Median annual gross written premium (GWP) growth for life and non-life insurance in Europe in 2020, by country [Graph], EIOPA, September 30, 2021. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1126589/life-non-life-insurance-sector-annual-gross-written-premium-growth-europe-by-country/