Total expenses represents the sum of all expenses related to operations. For businesses the main forms of expenses are through operational expenses of running a company and the administrative costs through wages and benefits to employees. In 2018, the UK headquartered multiline insurance group Phoenix Group Holdings Plc actually saw negative expenses of almost ten billion U.S. dollars due to a change in investment contract liabilities. As well as the French insurance giant Axa having the highest value of expenses they also saw the highest income through sales in 2018.
Total expenses of select large insurance companies in Europe in 2018, by company
(in billion U.S. dollars)
Only includes insurance companies trading on a stock exchange. Figures rounded. All original reporting currencies converted to USD. The figures represent the sum of all expenses related to operations.
* Registered shares. ** Registered shares. Muenchener Rueckversicherungs-Gesellschaft AG
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Statista. (January 30, 2020). Total expenses of select large insurance companies in Europe in 2018, by company (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1092377/total-expenses-of-select-large-insurers-in-europe/
Statista. "Total expenses of select large insurance companies in Europe in 2018, by company (in billion U.S. dollars)." Chart. January 30, 2020. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1092377/total-expenses-of-select-large-insurers-in-europe/
Statista. (2020). Total expenses of select large insurance companies in Europe in 2018, by company (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1092377/total-expenses-of-select-large-insurers-in-europe/
Statista. "Total Expenses of Select Large Insurance Companies in Europe in 2018, by Company (in Billion U.S. Dollars)." Statista, Statista Inc., 30 Jan 2020, https://www.statista.com/statistics/1092377/total-expenses-of-select-large-insurers-in-europe/
Statista, Total expenses of select large insurance companies in Europe in 2018, by company (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1092377/total-expenses-of-select-large-insurers-in-europe/ (last visited November 21, 2024)
Total expenses of select large insurance companies in Europe in 2018, by company (in billion U.S. dollars) [Graph], Statista, January 30, 2020. [Online]. Available: https://www.statista.com/statistics/1092377/total-expenses-of-select-large-insurers-in-europe/