In 2022, the biggest European insurance group by premiums written was the French company Axa, with almost 100 billion euros. The term premiums written refers to the amount paid by customer for the insurance coverage on the policies issued and is therefore an indicator for the company's earnings. Out of 15 companies, 10 saw an increase in premiums written between 2021 and 2022. In terms of leading insurance markets in Europe, the United Kingdom ranked first with the highest value of premiums written, unsurprisingly followed by France and Germany.
Leading European insurers from 2017 to 2022, by gross written premiums
(in billion euros)
Characteristic
2017
2018
2019
2020
2021
2022
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Compiled by the source using data taken from the annual reports of the abovementioned groups.
Aviva completed the sale of all discontinued operations in 2021. The data for 2020 was readjusted by the source to reflect the changes.
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Mapfre. (August 30, 2023). Leading European insurers from 2017 to 2022, by gross written premiums (in billion euros) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/416188/leading-insurers-by-premiums-in-europe/
Mapfre. "Leading European insurers from 2017 to 2022, by gross written premiums (in billion euros)." Chart. August 30, 2023. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/416188/leading-insurers-by-premiums-in-europe/
Mapfre. (2023). Leading European insurers from 2017 to 2022, by gross written premiums (in billion euros). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/416188/leading-insurers-by-premiums-in-europe/
Mapfre. "Leading European Insurers from 2017 to 2022, by Gross Written Premiums (in Billion Euros)." Statista, Statista Inc., 30 Aug 2023, https://www.statista.com/statistics/416188/leading-insurers-by-premiums-in-europe/
Mapfre, Leading European insurers from 2017 to 2022, by gross written premiums (in billion euros) Statista, https://www.statista.com/statistics/416188/leading-insurers-by-premiums-in-europe/ (last visited August 24, 2024)
Leading European insurers from 2017 to 2022, by gross written premiums (in billion euros) [Graph], Mapfre, August 30, 2023. [Online]. Available: https://www.statista.com/statistics/416188/leading-insurers-by-premiums-in-europe/