P&C premiums written by insurance companies in Europe 2010-2020
The total value of written property and casualty (P&C) premiums on the European insurance market fluctuated between 2010 and 2020. P&C premiums include motor, property, general liability and accident insurance. The value of P&C premiums written on the European insurance market peaked in 2014, when it reached over 433 billion euros. This value dropped dramatically in the following year to its lowest point during the time period under observation. After five consecutive years of sustained growth, the total European non-life premiums amounted to nearly 420 billion euros in 2020.