In 2020, after six years of gradual decrease, the value of gross written premiums by life insurance companies on the total market in Austria reached 5.39 billion euros. This was the lowest value registered since 2011. In comparison, in 2013, which was the peak year, the life premiums written amounted to almost 6.77 billion euros.
In Europe, the United Kingdom had the highest value of life insurance premiums among all European counties in 2020, followed by France and Italy. Together, the top three countries accounted for nearly 60 percent of the European market.
Total value of life insurance gross premiums written life insurance in Austria from 2011 to 2020
(in million euros)
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Insurance Europe. (August 5, 2022). Total value of life insurance gross premiums written life insurance in Austria from 2011 to 2020 (in million euros) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1062553/life-insurance-gross-written-premiums-in-austria/
Insurance Europe. "Total value of life insurance gross premiums written life insurance in Austria from 2011 to 2020 (in million euros)." Chart. August 5, 2022. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1062553/life-insurance-gross-written-premiums-in-austria/
Insurance Europe. (2022). Total value of life insurance gross premiums written life insurance in Austria from 2011 to 2020 (in million euros). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1062553/life-insurance-gross-written-premiums-in-austria/
Insurance Europe. "Total Value of Life Insurance Gross Premiums Written Life Insurance in Austria from 2011 to 2020 (in Million Euros)." Statista, Statista Inc., 5 Aug 2022, https://www.statista.com/statistics/1062553/life-insurance-gross-written-premiums-in-austria/
Insurance Europe, Total value of life insurance gross premiums written life insurance in Austria from 2011 to 2020 (in million euros) Statista, https://www.statista.com/statistics/1062553/life-insurance-gross-written-premiums-in-austria/ (last visited November 21, 2024)
Total value of life insurance gross premiums written life insurance in Austria from 2011 to 2020 (in million euros) [Graph], Insurance Europe, August 5, 2022. [Online]. Available: https://www.statista.com/statistics/1062553/life-insurance-gross-written-premiums-in-austria/
