In 2021, AXA held the highest market share of the life insurance industry in Belgium with a share of approximately 17 percent. AG Insurance followed with a share of approximately 16.6 percent. In total, the top 15 companies had a combined market share of around 92 percent at this time.
In Belgium, all employees and self-employed must register and make contributions to one of five free health insurance funds or mutualities (in Dutch: mutualiteit or ziekenfonds, in French: mutuelle): Christelijke Mutualiteiten; Socialistische Mutualiteiten; Liberale Mutualiteiten; Onafhankelijke Ziekenfondsen and Neutrale Ziekenfondsen. Within these mandatory health insurances, which are paid by social benefits and government subsidies, patients are free to choose their own medical professionals and places of treatment. To increase the cover for medical costs, however, Belgian residents are allowed to add private supplementary health insurances to their mutuality.
Market share of the leading life insurance companies in Belgium from 2015 to 2021, based on gross premium written
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Assuralia. (September 27, 2022). Market share of the leading life insurance companies in Belgium from 2015 to 2021, based on gross premium written [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/598145/leading-life-insurance-companies-in-belgium-by-gross-written-premium/
Assuralia. "Market share of the leading life insurance companies in Belgium from 2015 to 2021, based on gross premium written." Chart. September 27, 2022. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/598145/leading-life-insurance-companies-in-belgium-by-gross-written-premium/
Assuralia. (2022). Market share of the leading life insurance companies in Belgium from 2015 to 2021, based on gross premium written. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/598145/leading-life-insurance-companies-in-belgium-by-gross-written-premium/
Assuralia. "Market Share of The Leading Life Insurance Companies in Belgium from 2015 to 2021, Based on Gross Premium Written." Statista, Statista Inc., 27 Sep 2022, https://www.statista.com/statistics/598145/leading-life-insurance-companies-in-belgium-by-gross-written-premium/
Assuralia, Market share of the leading life insurance companies in Belgium from 2015 to 2021, based on gross premium written Statista, https://www.statista.com/statistics/598145/leading-life-insurance-companies-in-belgium-by-gross-written-premium/ (last visited August 25, 2024)
Market share of the leading life insurance companies in Belgium from 2015 to 2021, based on gross premium written [Graph], Assuralia, September 27, 2022. [Online]. Available: https://www.statista.com/statistics/598145/leading-life-insurance-companies-in-belgium-by-gross-written-premium/