Premiums retention in the car insurance industry in Spain 2005-2023
The share of retention of premiums in the car insurance sector in Spain fluctuated significantly between 2005 and 2023. As of 2023, retention of premiums in this sector of insurance was 84.1 percent - a slight decrease of around 0.4 percent from the previous year. Notably, it was also the lowest point of premium retention in the Spanish car insurance sector, during the period under observation.