European Insurance Companies Market Share
Life insurance policies can take the form of individual or group contracts and they can be products offering protection savings products or a combination of both.
European insurance companies market share. The annual european insurance overview is published by eiopa as an extension of its. European insurance market. After a slightly more positive 2017 growth slowed down again in 2018 although at very different paces within individual markets across the.
Small number of companies in these countries. We look at the top six insurance companies active in belgium and rank them by their non life insurance gwp according to am best s figures. The gross written premiums of the european life insurance companies in 2018 amounted to 764 billion euros.
The concentration indicator is a measure of the market share of the national gwp that the 3 5 and 10 biggest premium writers account for. In 2018 the uk s insurance sector had over 94 thousand direct employees and in 2019 it. This was at least partly driven by firms taking advantage of low borrowing costs to fund share buybacks.
The dubai health authority had granted licenses to 50 of the uae s 62 insurance companies 23 of the 25 third party administrators tpas licensed by the uae insurance authority and 103 out of 201 of the brokers or intermediaries that operate in the market. Europe insurance outlook 2019 persistent slow economic growth especially when compared to the us and emerging markets constrained growth in the european insurance market. Finally as in previous editions this report includes an analysis of market evolution and convergence which provides a vision of the key dynamics of these insurance groups analyzed under the prism of the economic cycle trend.
European insurance in figures 9 the european stock market performance was also rather good despite considerable volatility throughout the year. Overall de is the least concentrated country followed by. It is also one of the world s largest asset managers with total assets under management of over 1 4 trillion.
Following list shows the top 50 insurance companies in europe based on total assets. In total european life insurance premiums increased by 5 to 710bn in 2017 largely reflecting growth in the uk the largest life insurance market in europe. The top six insurance companies contributed 9 5bn 10 8bn of this total giving them a combined market share of 63 in belgium.
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