The Netherlands was the the OECD country with the highest reinsurance retention rate for non-life insurance in 2021. In the insurance industry, the retention ratio refers to the portion of premiums (and therefore risk) that is kept on a company's books rather than being passed on to reinsurance companies. In 2021, the OECD average retention rate for non-life insurance was 84.8 percent.
Retention ratio of the non-life insurance market worldwide in 2021, by country
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OECD. (November 7, 2023). Retention ratio of the non-life insurance market worldwide in 2021, by country [Graph]. In Statista. Retrieved December 14, 2024, from https://www.statista.com/statistics/1268839/non-life-insurance-retention-ratio-worldwide-country/
OECD. "Retention ratio of the non-life insurance market worldwide in 2021, by country." Chart. November 7, 2023. Statista. Accessed December 14, 2024. https://www.statista.com/statistics/1268839/non-life-insurance-retention-ratio-worldwide-country/
OECD. (2023). Retention ratio of the non-life insurance market worldwide in 2021, by country. Statista. Statista Inc.. Accessed: December 14, 2024. https://www.statista.com/statistics/1268839/non-life-insurance-retention-ratio-worldwide-country/
OECD. "Retention Ratio of The Non-life Insurance Market Worldwide in 2021, by Country." Statista, Statista Inc., 7 Nov 2023, https://www.statista.com/statistics/1268839/non-life-insurance-retention-ratio-worldwide-country/
OECD, Retention ratio of the non-life insurance market worldwide in 2021, by country Statista, https://www.statista.com/statistics/1268839/non-life-insurance-retention-ratio-worldwide-country/ (last visited December 14, 2024)
Retention ratio of the non-life insurance market worldwide in 2021, by country [Graph], OECD, November 7, 2023. [Online]. Available: https://www.statista.com/statistics/1268839/non-life-insurance-retention-ratio-worldwide-country/