Non-life insurance includes property, motor, accident, general liability, legal, marine, aviation and transit insurance. In 2018, the insurance companies in Germany's non-life segment registered the highest total expenses at approximately 35.8 billion euros. Expense ratios indicate how total expenses relate to premiums earned. While Germany, France and the United Kingdom (UK) are the largest non-life insurance markets, the Netherlands, Iceland and Liechtenstein are the ones with the lowest expense ratios.
Total expenses of non-life insurance companies in Europe from 2017 to 2018, by country
(in million euros)
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EIOPA. (January 6, 2020). Total expenses of non-life insurance companies in Europe from 2017 to 2018, by country (in million euros) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1113189/european-non-life-insurance-market-total-expenses/
EIOPA. "Total expenses of non-life insurance companies in Europe from 2017 to 2018, by country (in million euros)." Chart. January 6, 2020. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1113189/european-non-life-insurance-market-total-expenses/
EIOPA. (2020). Total expenses of non-life insurance companies in Europe from 2017 to 2018, by country (in million euros). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1113189/european-non-life-insurance-market-total-expenses/
EIOPA. "Total Expenses of Non-life Insurance Companies in Europe from 2017 to 2018, by Country (in Million Euros)." Statista, Statista Inc., 6 Jan 2020, https://www.statista.com/statistics/1113189/european-non-life-insurance-market-total-expenses/
EIOPA, Total expenses of non-life insurance companies in Europe from 2017 to 2018, by country (in million euros) Statista, https://www.statista.com/statistics/1113189/european-non-life-insurance-market-total-expenses/ (last visited December 21, 2024)
Total expenses of non-life insurance companies in Europe from 2017 to 2018, by country (in million euros) [Graph], EIOPA, January 6, 2020. [Online]. Available: https://www.statista.com/statistics/1113189/european-non-life-insurance-market-total-expenses/