In 2012, bancassurance accounted for 69.7 percent of total life insurance sales in Spain, making banks and lending institutions the dominant distribution channels in Spain. The relative weight of bancassurance diminished slightly throughout the analyzed period, and by 2019 it accounted for 59.2 percent. Brokers had the lowest market share of life insurance premiums.
Distribution of life insurance premiums supply channels in Spain from 2012 to 2019
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Insurance Europe. (August 5, 2022). Distribution of life insurance premiums supply channels in Spain from 2012 to 2019 [Graph]. In Statista. Retrieved November 03, 2024, from https://www.statista.com/statistics/441476/insurance-sector-life-premiums-supply-channels-spain/
Insurance Europe. "Distribution of life insurance premiums supply channels in Spain from 2012 to 2019." Chart. August 5, 2022. Statista. Accessed November 03, 2024. https://www.statista.com/statistics/441476/insurance-sector-life-premiums-supply-channels-spain/
Insurance Europe. (2022). Distribution of life insurance premiums supply channels in Spain from 2012 to 2019. Statista. Statista Inc.. Accessed: November 03, 2024. https://www.statista.com/statistics/441476/insurance-sector-life-premiums-supply-channels-spain/
Insurance Europe. "Distribution of Life Insurance Premiums Supply Channels in Spain from 2012 to 2019." Statista, Statista Inc., 5 Aug 2022, https://www.statista.com/statistics/441476/insurance-sector-life-premiums-supply-channels-spain/
Insurance Europe, Distribution of life insurance premiums supply channels in Spain from 2012 to 2019 Statista, https://www.statista.com/statistics/441476/insurance-sector-life-premiums-supply-channels-spain/ (last visited November 03, 2024)
Distribution of life insurance premiums supply channels in Spain from 2012 to 2019 [Graph], Insurance Europe, August 5, 2022. [Online]. Available: https://www.statista.com/statistics/441476/insurance-sector-life-premiums-supply-channels-spain/