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Insurance Europe - Facts and Figures
Insurance Europe, the European insurance and reinsurance federation recently released their annual report which offers some interesting insights into the current state-of-affairs in the industry.
Insurance Europe, the European insurance and reinsurance federation recently released their annual report which offers some interesting insights into the current state-of-affairs in the industry. They noted that it had been a challenging year with a large number of natural disasters and the euro crisis, however European insurers are in a stable and secure state.
There has been a 2% rise in total assets, but a 1.5% decrease in total written premiums. The report gives a great overview of European Insurance with facts and figures and graphs such as below.
To download the full report, click here.
About Insurance Europe:
Insurance Europe is the European insurance and reinsurance federation. Through its 34 member bodies — the national insurance associations — Insurance Europe represents all types of insurance and reinsurance undertakings, eg pan-European companies, monoliners, mutuals and SMEs. Insurance Europe, which is based in Brussels, represents undertakings that account for around 95% of total European premium income. Insurance makes a major contribution to Europe's economic growth and development. European insurers generate premium income of over €1 100bn, employ nearly one million people and invest almost €7 500bn in the economy.