Based on gross premiums written, Nationale-Nederlanden (NN) was the biggest life insurance company in the Netherlands in 2022. The company’s life branch reached a revenue of 3.6 billion euros. Only three other companies had a turnover of more than one billion euros: ASR, SRLEV, and AEGON. Dutch consumers, however, paid relatively little money for life insurances. Life insurance density (a measure to gauge a country's insurance market, specifically the gross premiums paid in relation to the inhabitants of the measured country) was lower in the Netherlands than, for example, in Belgium and Luxembourg.
Dutch insurance companies usually offer multiple products
Life insurance (where an insurance company pays out at a predetermined time or in the event of a funeral) is but one product of many that insurance corporations offer in the Netherlands. NN, for example, also offers property and casualty insurances, legal assistance and insurances for income protection. Total assets of the NN Group (the parent company of NN and asset manager NN Investment Partners) were therefore much higher than the revenue mentioned here in the ranking.
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DNB. (August 11, 2023). Ranking of life insurance companies in the individual sector in the Netherlands in 2022, by gross premiums written (in million euros) [Graph]. In Statista. Retrieved December 07, 2024, from https://www.statista.com/statistics/633166/leading-life-insurance-companies-based-on-turnover-netherlands/
DNB. "Ranking of life insurance companies in the individual sector in the Netherlands in 2022, by gross premiums written (in million euros)." Chart. August 11, 2023. Statista. Accessed December 07, 2024. https://www.statista.com/statistics/633166/leading-life-insurance-companies-based-on-turnover-netherlands/
DNB. (2023). Ranking of life insurance companies in the individual sector in the Netherlands in 2022, by gross premiums written (in million euros). Statista. Statista Inc.. Accessed: December 07, 2024. https://www.statista.com/statistics/633166/leading-life-insurance-companies-based-on-turnover-netherlands/
DNB. "Ranking of Life Insurance Companies in The Individual Sector in The Netherlands in 2022, by Gross Premiums Written (in Million Euros)." Statista, Statista Inc., 11 Aug 2023, https://www.statista.com/statistics/633166/leading-life-insurance-companies-based-on-turnover-netherlands/
DNB, Ranking of life insurance companies in the individual sector in the Netherlands in 2022, by gross premiums written (in million euros) Statista, https://www.statista.com/statistics/633166/leading-life-insurance-companies-based-on-turnover-netherlands/ (last visited December 07, 2024)
Ranking of life insurance companies in the individual sector in the Netherlands in 2022, by gross premiums written (in million euros) [Graph], DNB, August 11, 2023. [Online]. Available: https://www.statista.com/statistics/633166/leading-life-insurance-companies-based-on-turnover-netherlands/