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Revenue non-life insurance companies on the domestic market in Luxembourg 2010-2018

Total revenue in gross written premiums of property and casualty (non-life) insurance companies on the domestic market in Luxembourg from 2010 to 2018 (in 1,000 euros)

by Raynor de Best, last edited Oct 22, 2019
Revenue non-life insurance companies on the domestic market in Luxembourg 2010-2018 This statistic shows the total revenue in gross written premiums of property and casualty (non-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, non-life insurance companies in Luxembourg had a revenue of more than 1,000 million euros on the domestic market.
Luxembourg is an international financial center in the European Union. In the Global Financial Centers Index, Luxembourg was ranked as having the one of the most competitive financial centers in Europe. 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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Total revenue in gross written premiums of property and casualty (non-life) insurance companies on the domestic market in Luxembourg from 2010 to 2018 (in 1,000 euros)

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