The market share of life insurance business in terms of gross premium in Belgium shrunk by three percentage point between 2018 and 2019. The "life" branch of insurances focuses on life insurances, pensions and funeral in kind insurances. ERGO was the concern with the highest market share in Belgium in the private health insurance market in this period, with a share of approximately 32.7 percent. In Belgium, all employees and self-employed must register and make contributions to one of five free health insurance funds or mutualities (in Dutch: mutualiteit or ziekenfonds, in French: mutuelle): Christelijke Mutualiteiten; Socialistische Mutualiteiten; Liberale Mutualiteiten; Onafhankelijke Ziekenfondsen and Neutrale Ziekenfondsen. Within these mandatory health insurances, which are paid by social benefits and government subsidies, patients are free to choose their own medical professionals and places of treatment. To increase the cover for medical costs, however, Belgian residents are allowed to add private supplementary health insurances to their mutuality. In 2018, the average health insurance premium per capita in Belgium reached a value of approximately 153 euros per capita.
Market share of life insurance business in terms of gross premium in Belgium from 2006 to 2019
Further information from the source: "This is the ratio of gross life insurance premium to total gross premium, which measures the relative importance of life insurance as compared to non-life insurance."
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Statista Accounts:
Access All Statistics. Starting from $468 / Year
Learn more about how Statista can support your business.
OECD. (January 1, 2021). Market share of life insurance business in terms of gross premium in Belgium from 2006 to 2019 [Graph]. In Statista. Retrieved June 26, 2022, from https://www.statista.com/statistics/662474/life-insurance-market-share-in-terms-of-gross-premium-in-belgium/
OECD. "Market share of life insurance business in terms of gross premium in Belgium from 2006 to 2019." Chart. January 1, 2021. Statista. Accessed June 26, 2022. https://www.statista.com/statistics/662474/life-insurance-market-share-in-terms-of-gross-premium-in-belgium/
OECD. (2021). Market share of life insurance business in terms of gross premium in Belgium from 2006 to 2019. Statista. Statista Inc.. Accessed: June 26, 2022. https://www.statista.com/statistics/662474/life-insurance-market-share-in-terms-of-gross-premium-in-belgium/
OECD. "Market Share of Life Insurance Business in Terms of Gross Premium in Belgium from 2006 to 2019." Statista, Statista Inc., 1 Jan 2021, https://www.statista.com/statistics/662474/life-insurance-market-share-in-terms-of-gross-premium-in-belgium/
OECD, Market share of life insurance business in terms of gross premium in Belgium from 2006 to 2019 Statista, https://www.statista.com/statistics/662474/life-insurance-market-share-in-terms-of-gross-premium-in-belgium/ (last visited June 26, 2022)