Result on premiums of non-life insurance industry Spain 2019-2021, by segment

Published by
Jennifer Rudden,
Aug 17, 2023
The accident insurance sector was the most profitable Spanish non-life insurance segment in between 2019 and 2021, calculated as the ratio between the technical-financial result and the volume of net earned premiums. Both Both marine hull insurance and industrial all risk (IAR) insurance registered negative profitability.

Profitability of the non-life insurance industry in Spain in 2019 and 2021, by sector

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Release date

2022

Region

Spain

Survey time period

2019 and 2021

Supplementary notes

* Net accrued premiums = gross imputed premiums - earned premiums from assigned reinsurance ± change in the provision for unconsolidated premiums from assigned reinsurance (technical account).

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