Magazine date:
Feb 2020 European insurance industry: life and non life turnover per country
In millions USD| Country | 2018 turnover | Life | Non life |
|---|---|---|---|
United Kingdom | 336 510 | 235 501 | 101 009 |
France | 257 963 | 165 075 | 92 888 |
Germany | 241 485 | 96 439 | 145 046 |
Italy | 170 274 | 125 341 | 44 933 |
Netherlands | 84 348 | 15 743 | 68 605 |
Spain | 74 063 | 34 118 | 39 945 |
Ireland | 73 162 | 63 424 | 9 738 |
Swiss | 59 384 | 30 444 | 28 940 |
Belgium | 37 252 | 18 712 | 18 540 |
Sweden | 37 092 | 27 003 | 10 089 |
Denmark | 36 393 | 26 562 | 9 831 |
Luxembourg | 32 863 | 28 089 | 4 774 |
Finland | 27 194 | 22 187 | 5 007 |
Norway | 21 077 | 12 138 | 8 939 |
Austria | 20 392 | 6 607 | 13 785 |
Portugal | 15 527 | 9 741 | 5 786 |
Malta | 5 344 | 1 758 | 3 586 |
Greece | 4 783 | 2 206 | 2 577 |
Cyprus | 1 015 | 434 | 581 |
Other countries | 24 817 | 12 514 | 12 303 |
| Total | 1 560 938 | 934 036 | 626 902 |
Source : Sigma
European insurance industry: penetration rate and insurance density per country
| Country | Penetration rate (%) | Insurance density (USD) |
|---|---|---|
United Kingdom | 10.61 | 4 503 |
Denmark | 10.37 | 6 289 |
Finland | 9.87 | 4 926 |
Netherlands | 9.24 | 4 890 |
France | 8.89 | 3 667 |
Swiss | 8.42 | 6 934 |
Italy | 8.34 | 2 852 |
Ireland | 6.83 | 5 253 |
Sweden | 6.75 | 3 644 |
Portugal | 6.42 | 1 490 |
Belgium | 6.07 | 2 817 |
Germany | 6.03 | 2 908 |
Spain | 5.2 | 1 588 |
Austria | 4.46 | 2 304 |
Norway | 4.45 | 3 638 |
Luxembourg | 4.27 | 5 001 |
Malta | 4.25 | 1 293 |
Cyprus | 4.16 | 1 168 |
Greece | 2.2 | 448 |
| Region average | 7.61 | 3 276 |
Source : Sigma
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