European insurance: number of companies 2018, by country

In 2018, There were almost 7 thousand insurance companies operating in Europe. In terms of domestic companies, only Germany and the United Kingdom had more than 400 hundred companies operating. Although Germany had the highest number of companies operating in their insurance market, the volume of insurance firms in 2018 was less than one third of the number seen in 2011.

Written Premiums

Written premiums are an insurance companies' main source of revenue and account for the amount to be paid by customers for insurance. In Europe, the value of written premiums in 2018 amounted to over 1.3 trillion euros. Europe's largest insurance market, the United Kingdom (UK) saw the highest value of premiums written.

Life Insurance

Insurance can be split into two main categories which include life insurance and general insurance. Life insurance, which includes any form of insurance where an individual is covered for the risk of life. In Europe, Life insurance premiums (domestic market) valued at over 760 billion euros.

Total number of companies on the European insurance market as of 2018, by country

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Source

Release date

September 2019

Region

Europe

Survey time period

2018

Supplementary notes

* Total market not provided.

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

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