Belgian insurance market: premiums per class of business 2019
Figures in millions
| Classof business | 2019 turnover | 2019 turnover (1) | 2018-2019 evolution (2) | 2019 shares | ||
|---|---|---|---|---|---|---|
| En EUR | En USD | En EUR | En USD | |||
Motor | 3 875 | 4 339 | 3 808 | 4 356 | 1.8% | 13.3% |
Fire | 3 123 | 3 497 | 2 984 | 3 413 | 4.7% | 10.7% |
Health | 1 828 | 2 047 | 1 746 | 1 997 | 4.7% | 6.3% |
Accident (3) | 1 535 | 1 719 | 1 504 | 1 720 | 2.1% | 5.3% |
General third party liability | 1 057 | 1 184 | 1 011 | 1 156 | 4.5% | 3.6% |
Other risks (4) | 1 449 | 1 623 | 1 364 | 1 560 | 6.2% | 4.9% |
Total non-life | 12 867 | 14 409 | 12 417 | 14 202 | 3.6% | 44.1% |
Individual insurance | 10 570 | 11 837 | 10 168 | 11 630 | 4.0% | 36.2% |
Group insurance | 5 766 | 6 457 | 5 779 | 6 610 | -0.2% | 19.7% |
| Total life | 16 336 | 18 294 | 15 947 | 18 240 | 2.4% | 55.9% |
| Grand total | 29 203 | 32 703 | 28 364 | 32 442 | 3.0% | 100% |
1 2018 figures updated
2 Evolution In EUR
3 Workmen's compensation
4 Includes transport, credit and surety insurance, various pecuniary losses, legal protection and assistance
| Exchange rate EUR/USD as at 31/12 | 2019 | 2018 |
| 1.11986 | 1.14379 |
Read also | Top 15 insurers in Belgium
