Companies on the Austrian insurance market 2011-2017

Number of companies operating on the insurance market in Austria from 2011 to 2017

by James Cherowbrier, last edited Jun 26, 2019
Companies on the Austrian insurance market 2011-2017 In 2017, there was a total of 80 domestic insurance companies operating in the Austrian insurance market. The Austrian insurance market employs over 29 thousand staff and paid out more than seven billion euros in life insurance benefits in 2017. The latest figures show that the largest insurance group in Austria by market share was the Vien Insurance Group.
Insurance in Europe

In 2017, there were approximately 8.8 thousand insurance companies in Europe. In terms of premiums written, the largest insurance type was Life insurance. Total direct premiums written in Europe amounted to over 1.2 trillion euros in 2017. The average value of claims and benefits paid in Europe differed depending on the insurance type, with the average value of life insurance claims and benefits paid being the highest.

Largest insurance companies

In 2017, the United Kingdom and France both saw total premiums written on the European insurance market reach more than 200 hundred billion euros. It may be somewhat unsurprising then to find that in terms of total assets the UK and France account for 5 of the top ten insurance companies in Europe. In terms of market value, UK headquartered companies accounted for 5 of the top nine life and health insurance companies in Europe.
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Number of companies operating on the insurance market in Austria from 2011 to 2017

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Domestic marketTotal market
2017*800
20167575
20158097
20145068
20136985
2012 5968
2011 6372
Domestic marketTotal market
2017*800
20167575
20158097
20145068
20136985
2012 5968
2011 6372
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by James Cherowbrier, last edited Jun 26, 2019
In 2017, there was a total of 80 domestic insurance companies operating in the Austrian insurance market. The Austrian insurance market employs over 29 thousand staff and paid out more than seven billion euros in life insurance benefits in 2017. The latest figures show that the largest insurance group in Austria by market share was the Vien Insurance Group.
Insurance in Europe

In 2017, there were approximately 8.8 thousand insurance companies in Europe. In terms of premiums written, the largest insurance type was Life insurance. Total direct premiums written in Europe amounted to over 1.2 trillion euros in 2017. The average value of claims and benefits paid in Europe differed depending on the insurance type, with the average value of life insurance claims and benefits paid being the highest.

Largest insurance companies

In 2017, the United Kingdom and France both saw total premiums written on the European insurance market reach more than 200 hundred billion euros. It may be somewhat unsurprising then to find that in terms of total assets the UK and France account for 5 of the top ten insurance companies in Europe. In terms of market value, UK headquartered companies accounted for 5 of the top nine life and health insurance companies in Europe.
Show more
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