Year-on-year growth of premiums for direct vehicle insurance in Spain 2005-2021
The year-on-year growth of premiums issued for direct car insurance in Spain fluctuated significantly between 2005 and 2021. Between 2008 and 2014, the annual variation of the premiums issued by direct car insurance in Spain was negative, with especially low points reached in the years 2009, 2012 and 2013. From 2015 onwards the premiums issued displayed a positive annual change, peaking in 2016 at 5.1 percent. Annual variation has since declined, with the percentage change in the volume of premiums issued for direct car insurance in Spain reaching negative 0.9 percent as of 2021.
