From 2011 to 2016, the the value of gross written premiums by life insurance companies on the domestic market in Cyprus saw a year-on-year decrease, reaching a value of approximately 269 million euros in 2016. This was the lowest value registered during the observation period. Since then, the value of life premiums increased, totaling 363 million euros in 2019.
The United Kingdom had the highest value of life insurance premiums among all European counties in 2019, 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 in Cyprus from 2011 to 2019
(in million euros)
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Insurance Europe. (August 5, 2022). Total value of life insurance gross premiums written in Cyprus from 2011 to 2019 (in million euros) [Graph]. In Statista. Retrieved November 19, 2024, from https://www.statista.com/statistics/1062584/life-insurance-gross-written-premiums-in-cyprus/
Insurance Europe. "Total value of life insurance gross premiums written in Cyprus from 2011 to 2019 (in million euros)." Chart. August 5, 2022. Statista. Accessed November 19, 2024. https://www.statista.com/statistics/1062584/life-insurance-gross-written-premiums-in-cyprus/
Insurance Europe. (2022). Total value of life insurance gross premiums written in Cyprus from 2011 to 2019 (in million euros). Statista. Statista Inc.. Accessed: November 19, 2024. https://www.statista.com/statistics/1062584/life-insurance-gross-written-premiums-in-cyprus/
Insurance Europe. "Total Value of Life Insurance Gross Premiums Written in Cyprus from 2011 to 2019 (in Million Euros)." Statista, Statista Inc., 5 Aug 2022, https://www.statista.com/statistics/1062584/life-insurance-gross-written-premiums-in-cyprus/
Insurance Europe, Total value of life insurance gross premiums written in Cyprus from 2011 to 2019 (in million euros) Statista, https://www.statista.com/statistics/1062584/life-insurance-gross-written-premiums-in-cyprus/ (last visited November 19, 2024)
Total value of life insurance gross premiums written in Cyprus from 2011 to 2019 (in million euros) [Graph], Insurance Europe, August 5, 2022. [Online]. Available: https://www.statista.com/statistics/1062584/life-insurance-gross-written-premiums-in-cyprus/
