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Total revenue in gross written premiums of life insurance companies on the domestic market in Luxembourg from 2010 to 2018
(in 1,000 euros)
Revenue of life insurance companies on the domestic market in Luxembourg 2010-2018
This statistic shows the total revenue in gross written premiums of life insurance companies on the domestic market in Luxembourg from 2012 to 2017 (in thousand euros). Unlike neighboring countries in Europe and much like Switzerland, Luxembourg has a strong international orientation when it comes to insurance. The Grand Duchy therefore has two insurance markets: one domestic and one international. In 2018, life insurance companies in Luxembourg had a revenue of approximately 1.7 billion euros on the domestic market.

In the Global Financial Centers Index, Luxembourg was ranked as having the third most competitive financial center in Europe after London and Zürich. In recent years, the Grand Duchy made efforts to diversify its financial activities in certain niches such as Chinese and Islamic finance, together with FinTech. Luxembourg's three traditional strengths, however, involve its activities in investment funds, banking and insurance. The number of domestic companies operating on the insurance market increased to 97 in 2014 and remained the same in 2015.
Total revenue in gross written premiums of life insurance companies on the domestic market in Luxembourg from 2010 to 2018
(in 1,000 euros)
Total revenue in thousand euros
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Source

Release date

July 2019

Region

Luxembourg

Survey time period

2010 to 2018

Supplementary notes

The figures have been taken from several publications.

Revenue of life insurance companies on the domestic market in Luxembourg 2010-2018
This statistic shows the total revenue in gross written premiums of life insurance companies on the domestic market in Luxembourg from 2012 to 2017 (in thousand euros). Unlike neighboring countries in Europe and much like Switzerland, Luxembourg has a strong international orientation when it comes to insurance. The Grand Duchy therefore has two insurance markets: one domestic and one international. In 2018, life insurance companies in Luxembourg had a revenue of approximately 1.7 billion euros on the domestic market.

In the Global Financial Centers Index, Luxembourg was ranked as having the third most competitive financial center in Europe after London and Zürich. In recent years, the Grand Duchy made efforts to diversify its financial activities in certain niches such as Chinese and Islamic finance, together with FinTech. Luxembourg's three traditional strengths, however, involve its activities in investment funds, banking and insurance. The number of domestic companies operating on the insurance market increased to 97 in 2014 and remained the same in 2015.
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