Insurance penetration more than doubled in Germany between 1950 and 2022. In 2022, insurance penetration reached 5.77 percent, up from 2.36 percent in 1950. Insurance penetration is a key indicator of insurance development and is the ratio of premiums underwritten in a particular year to the GDP.
Insurance penetration of primary insurers in Germany from 1950 to 2022
Characteristic
Premiums in relation to GDP
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GDV. (September 26, 2023). Insurance penetration of primary insurers in Germany from 1950 to 2022 [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1289333/insurance-penetration-primary-insurers-germany/
GDV. "Insurance penetration of primary insurers in Germany from 1950 to 2022." Chart. September 26, 2023. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1289333/insurance-penetration-primary-insurers-germany/
GDV. (2023). Insurance penetration of primary insurers in Germany from 1950 to 2022. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1289333/insurance-penetration-primary-insurers-germany/
GDV. "Insurance Penetration of Primary Insurers in Germany from 1950 to 2022." Statista, Statista Inc., 26 Sep 2023, https://www.statista.com/statistics/1289333/insurance-penetration-primary-insurers-germany/
GDV, Insurance penetration of primary insurers in Germany from 1950 to 2022 Statista, https://www.statista.com/statistics/1289333/insurance-penetration-primary-insurers-germany/ (last visited August 25, 2024)
Insurance penetration of primary insurers in Germany from 1950 to 2022 [Graph], GDV, September 26, 2023. [Online]. Available: https://www.statista.com/statistics/1289333/insurance-penetration-primary-insurers-germany/