Belgian insurance market: premiums per class of business 2021
Figures in millions
| Class of business | 2021 turnover | 2020 turnover | 2020-2021 evolution (1) | 2021 shares | ||
|---|---|---|---|---|---|---|
| En EUR | En USD | En EUR | En USD | |||
| Motor | 4 007 | 4 537 | 3 929 | 4 826 | 2.0% | 13.4% |
| Fire | 3 392 | 3 841 | 3 210 | 3 943 | 5.7% | 11.4% |
| Health | 1 947 | 2 205 | 1 856 | 2 279 | 4.9% | 6.5% |
| Accident | 1 621 | 1 836 | 1 453 | 1 785 | 11.6% | 5.4% |
| General third party liability | 1 211 | 1 371 | 1 079 | 1 325 | 12.2% | 4.1% |
| Other risks (2) | 1 524 | 1 726 | 1 450 | 1 781 | 5.1% | 5.1% |
| Total non-life | 13 702 | 15 516 | 12 977 | 15 939 | 5.6% | 45.9% |
| Individual insurance | 10 222 | 11 575 | 9 660 | 11 865 | 5.8% | 34.2% |
| Group insurance | 5 955 | 6 744 | 5 899 | 7 245 | 0.9% | 19.9% |
| Total life | 16 177 | 18 319 | 15 559 | 19 110 | 4.0% | 54.1% |
| Grand total | 29 879 | 33 835 | 28 536 | 35 049 | 4.7% | 100% |
(1) Evolution in local currency.
(2) Includes transport, credit and surety insurance, various pecuniary losses, legal protection and assistance
| EUR/USD | 2020 | 2021 |
| 1.22824 | 1.1324 |
Read also | Top 15 insurers in Belgium
