European insurance market in 2021: turnover by country
In millions USD
Country | Turnover | 2020-2021 evolution | 2021 shares | |
---|---|---|---|---|
2021 | 2020 | |||
United Kingdom | 399 142 | 341 950 | 16.73% | 21.50% |
France | 296 380 | 238 998 | 24.01% | 15.97% |
Germany | 275 779 | 260 322 | 5.94% | 14.86% |
Italy | 192 481 | 172 704 | 11.45% | 10.37% |
Netherlands | 92 986 | 88 004 | 5.66% | 5.01% |
Spain | 73 571 | 67 220 | 9.45% | 3.96% |
Ireland | 64 696 | 49 282 | 31.28% | 3.49% |
Switzerland | 57 794 | 57 081 | 1.25% | 3.11% |
Luxembourg | 48 287 | 36 902 | 30.85% | 2.60% |
Sweden | 47 955 | 41 469 | 15.64% | 2.58% |
Top 10 | 1 549 071 | 1 353 932 | 14.41% | 83.45% |
Denmark | 45 317 | 39 906 | 13.56% | 2.44% |
Belgium | 44 278 | 40 870 | 8.34% | 2.39% |
Finland | 31 009 | 26 202 | 18.35% | 1.67% |
Norway | 26 155 | 20 160 | 29.74% | 1.41% |
Russia | 23 300 | 21 323 | 9.27% | 1.26% |
Austria | 22 186 | 20 597 | 7.71% | 1.20% |
Pologne | 17 065 | 15 511 | 10.02% | 0.92% |
Poland | 15 885 | 11 359 | 39.85% | 0.86% |
Czech Republic | 8 259 | 7 215 | 14.47% | 0.44% |
Liechtenstein | 6 057 | 5 819 | 4.09% | 0.33% |
Greece | 5 434 | 4 882 | 11.31% | 0.29% |
Hungary | 4 337 | 3 865 | 12.21% | 0.23% |
Malta | 3 482 | 3 221 | 8.10% | 0.19% |
Romania | 3 175 | 2 710 | 17.16% | 0.17% |
Slovenia | 2 207 | 2 250 | -1.91% | 0.12% |
Bulgaria | 1 927 | 1 652 | 16.65% | 0.10% |
Ukraine | 1 913 | 1 676 | 14.14% | 0.10% |
Croatia | 1 843 | 1 584 | 16.35% | 0.10% |
Slovakia | 1 777 | 1 904 | -6.67% | 0.10% |
Serbia | 1 214 | 1 065 | 13.99% | 0.06% |
Total | 1 815 891 | 1 587 703 | 14.37% | 97.83% |
Rest of the market | 40 283 | 36 584 | 10.11% | 2.17% |
Total Europe | 1 856 174 | 1 624 287 | 14.28% | 100.00% |
Sources: Sigma (Swiss Re) and Atlas Magazine
Read also | Global insurance market
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