market share of life insurance business in terms of gross premium, the ratio of gross life insurance premium to the total gross premium, of approximately 70 percent in Belgium in 2007. This, however, decreased to approximately 54 percent in 2017. This development coincides with the European Central Bank purchasing assets on credit markets across Europe and, consequently, low interest rates in long-term investments, such as the capital market rate of ten-year government bonds in Belgium. From 2008 onwards, the number of life insurance companies decreased steadily. In 2008, there were approximately 30 companies active on the domestic market with 20 companies by the end of 2017.
The total value of commissions of domestic life insurance companies in Belgium increased by roughly 14 percent in 2018. The "life" branch of insurances focuses on life insurances, pensions and funeral in kind insurances and reached a Total value of commissions of domestic life insurance companies in Belgium from 2006 to 2018 (in million euros)
Basic Account
Get to know the platform
You only have access to basic statistics.
This statistic is not included in your account.
Single Account
The ideal entry-level account for individual users
- Instant access to 1m statistics
- Download in XLS, PDF & PNG format
- Detailed references
$59 $39 / Month *
in the first 12 months
Corporate Account
Full access
Corporate solution including all features.
* Prices do not include sales tax.
Further Content: You might find this interesting as well
Statistics
- Value of commissions domestic non-life insurance companies in Netherlands 2010-2015
- Value of commissions of domestic non-life insurance companies in Belgium 2010-2018
- Domestic non-life insurance commissions reported in Ireland from 2009-2018
- Life insurance commissions reported in Germany from 2010-2018, by ownership
- Domestic life insurance commissions reported in Slovenia from 2009-2017
- Life insurance commissions reported in Denmark from 2010-2018, by ownership
- Domestic life insurance commissions reported in France from 2005-2012
- Life insurance commissions reported in Austria from 2010-2018, by ownership
- Life insurance commissions reported in Poland from 2012-2018, by ownership
- Domestic non-life insurance commissions reported in France from 2005-2012
- Life insurance commissions reported in Italy from 2012-2018, by ownership
- Life insurance commissions reported in Hungary from 2010-2018, by ownership
- Life insurance commissions reported in Switzerland from 2010-2018, by ownership
- Domestic non-life insurance commissions reported in Slovenia from 2009-2018
- Life insurance commissions reported in Portugal from 2010-2018, by ownership
- Net profit value of Kotak Mahindra Old Mutual Life Insurance in India 2009-2017
- Share of travel agencies which make commission from travel provider segments 2014
- Underwriting margin value of insurances in Malaysia 2009-2019
- Adults that bought the cheapest insurance policy in the United Kingdom (UK) 2015
- Turnover of machinery & equipment manufacturers in Finland 2008-2017
OECD. (January 1, 2020). Total value of commissions of domestic life insurance companies in Belgium from 2006 to 2018 (in million euros) [Graph]. In Statista. Retrieved January 27, 2021, from https://www.statista.com/statistics/663007/value-of-commissions-of-domestic-life-insurance-companies-in-belgium/
OECD. "Total value of commissions of domestic life insurance companies in Belgium from 2006 to 2018 (in million euros)." Chart. January 1, 2020. Statista. Accessed January 27, 2021. https://www.statista.com/statistics/663007/value-of-commissions-of-domestic-life-insurance-companies-in-belgium/
OECD. (2020). Total value of commissions of domestic life insurance companies in Belgium from 2006 to 2018 (in million euros). Statista. Statista Inc.. Accessed: January 27, 2021. https://www.statista.com/statistics/663007/value-of-commissions-of-domestic-life-insurance-companies-in-belgium/
OECD. "Total Value of Commissions of Domestic Life Insurance Companies in Belgium from 2006 to 2018 (in Million Euros)." Statista, Statista Inc., 1 Jan 2020, https://www.statista.com/statistics/663007/value-of-commissions-of-domestic-life-insurance-companies-in-belgium/
OECD, Total value of commissions of domestic life insurance companies in Belgium from 2006 to 2018 (in million euros) Statista, https://www.statista.com/statistics/663007/value-of-commissions-of-domestic-life-insurance-companies-in-belgium/ (last visited January 27, 2021)