Life insurance annual premium growth in Europe by line of business 2020

Published by Jennifer Rudden, Dec 12, 2023
Non-health annuities saw a dramatic decrease in 2020, with European companies reporting a mean fall of 35 in gross written premiums (GWP) for this segment. Health insurance saw a slight increase in GWP of 0.03 percent - the highest of any life insurance segment. However, overall the trend was negative, with only two segments reporting any kind of growth, and the level of growth being only slightly above zero in both cases.

Median annual gross written premium (GWP) growth for life insurance in Europe in 2020, by line of business

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Release date

September 2021

Region

Europe

Survey time period

2020

Supplementary notes

Sample includes insurers with financial year end within the calendar year. Exchange rate conversions to EUR using ECB exchange rates as of reference date.

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