Net premiums earned in Europe 2019, by country

As insurance premiums are paid in advance, insurance companies record both written premiums unearned and premiums earned. A premium is not earned and deemed as profit until the insurance company has fulfilled its obligation of insuring a policy over a given period of time.

In 2019, the United Kingdom (UK), which is Europe's largest insurance market in terms of gross written premiums saw net premiums of over 71.3 billion euros for non-life and approximately 203.2 billion for life insurance.

Net premiums earned for life and non-life insurance in Europe in 2019, by country

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Source

Release date

2020

Region

Europe

Survey time period

2019

Supplementary notes

Sample includes insurers with financial year end within the calendar year. Exchange rate conversions to EUR using ECB exchange rates as of reference date.

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Statistics on "KPI's of Europe's largest insurers"

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