The statistics show the annual evolution of the gross claims ratio in motor insurance in Spain from 2005 to 2016. Throughout the period, the accident rate in motor vehicle insurance showed a constant trend to growth and was above 79 % in 2016, the highest value of the analyzed series.
Annual evolution of the gross loss ratio in automobile insurance in Spain from 2005 to 2016
The gross loss ratio is calculated as follows: (loss ratio (direct + accepted) + variation of other technical provisions + profit sharing and rebates) / gross imputed premiums (direct + accepted).
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Mapfre. (July 30, 2017). Annual evolution of the gross loss ratio in automobile insurance in Spain from 2005 to 2016 [Graph]. In Statista. Retrieved February 28, 2020, from https://www.statista.com/statistics/774420/accident-rate-gross-in-the-insurance-from-car-in-spain/
Mapfre. "Annual evolution of the gross loss ratio in automobile insurance in Spain from 2005 to 2016." Chart. July 30, 2017. Statista. Accessed February 28, 2020. https://www.statista.com/statistics/774420/accident-rate-gross-in-the-insurance-from-car-in-spain/
Mapfre. (2017). Annual evolution of the gross loss ratio in automobile insurance in Spain from 2005 to 2016. Statista. Statista Inc.. Accessed: February 28, 2020. https://www.statista.com/statistics/774420/accident-rate-gross-in-the-insurance-from-car-in-spain/
Mapfre. "Annual Evolution of The Gross Loss Ratio in Automobile Insurance in Spain from 2005 to 2016." Statista, Statista Inc., 30 Jul 2017, https://www.statista.com/statistics/774420/accident-rate-gross-in-the-insurance-from-car-in-spain/
Mapfre, Annual evolution of the gross loss ratio in automobile insurance in Spain from 2005 to 2016 Statista, https://www.statista.com/statistics/774420/accident-rate-gross-in-the-insurance-from-car-in-spain/ (last visited February 28, 2020)
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