Gross loss ratio for motor insurance in Spain 2005-2022

Published by
Jennifer Rudden,
Feb 15, 2024

The gross loss ratio of motor insurance in Spain dropped sharply in 2020, but had recovered to 2016 levels by 2022. Between 2011 and 2014, the accident rate in motor vehicle insurance plateaued at around 77.2 percent, before peaking at 79 percent in 2016. The gross accident rate in vehicle insurance in Spain dropped in the following years, then jumped back to 76.6 percent in 2022.

Gross loss ratio of motor insurance in Spain from 2005 to 2022

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Release date

August 2023

Region

Spain

Survey time period

2005 to 2022

Open this statistic in...
Spanish
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