The annual gross loss ratio in credit insurance in Spain fluctuated significantly from 2005 to 2023. In 2023, the credit insurance gross loss ratio was 44 - a slight increase of almost three percent from the previous year. The highest loss ratio recorded during the period under observation was in 2008 when the ratio exceeded 140 percent. The lowest ratio was recorded in 2021 when it dropped below 30 percent.
Gross loss ratio of credit insurance in Spain from 2005 to 2023
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Mapfre. (September 23, 2024). Gross loss ratio of credit insurance in Spain from 2005 to 2023 [Graph]. In Statista. Retrieved February 15, 2025, from https://www.statista.com/statistics/771684/accident-rate-gross-in-the-insurance-from-credit-in-spain/?__sso_cookie_checker=failed
Mapfre. "Gross loss ratio of credit insurance in Spain from 2005 to 2023." Chart. September 23, 2024. Statista. Accessed February 15, 2025. https://www.statista.com/statistics/771684/accident-rate-gross-in-the-insurance-from-credit-in-spain/?__sso_cookie_checker=failed
Mapfre. (2024). Gross loss ratio of credit insurance in Spain from 2005 to 2023. Statista. Statista Inc.. Accessed: February 15, 2025. https://www.statista.com/statistics/771684/accident-rate-gross-in-the-insurance-from-credit-in-spain/?__sso_cookie_checker=failed
Mapfre. "Gross Loss Ratio of Credit Insurance in Spain from 2005 to 2023." Statista, Statista Inc., 23 Sep 2024, https://www.statista.com/statistics/771684/accident-rate-gross-in-the-insurance-from-credit-in-spain/?__sso_cookie_checker=failed
Mapfre, Gross loss ratio of credit insurance in Spain from 2005 to 2023 Statista, https://www.statista.com/statistics/771684/accident-rate-gross-in-the-insurance-from-credit-in-spain/?__sso_cookie_checker=failed (last visited February 15, 2025)
Gross loss ratio of credit insurance in Spain from 2005 to 2023 [Graph], Mapfre, September 23, 2024. [Online]. Available: https://www.statista.com/statistics/771684/accident-rate-gross-in-the-insurance-from-credit-in-spain/?__sso_cookie_checker=failed