Companies on the German insurance market 2011-2017

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

by James Cherowbrier, last edited Aug 9, 2019
Companies on the German insurance market 2011-2017 In 2017, there was a total of 528 domestic insurance companies operating in the German insurance market. Germany had under half the number of insurance companies operating on the domestic market as France. Germany’s largest insurance company, the Allianz Group saw gross written premiums amount to over 126 billion euros in 2017.
Insurance in Europe

In 2017, there were approximately 8.8 thousand insurance companies operating 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. Germany had two of the top ten largest insurance companies in terms of assets in Europe.
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Number of companies operating on the insurance market in Germany from 2011 to 2017

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