This statistic shows the life insurance density (premiums to population) in the Benelux countries (Belgium, Luxembourg and the Netherlands) from 2004 to 2020 (in euros). Of the Benelux countries, Luxembourg had the highest life insurance premiums to population in 2020. Insurance density is a measure to gauge a country's insurance market, specifically the gross premiums paid in relation to the inhabitants of the measured country.
In the most recent Global Financial Centers Index, Luxembourg was ranked as having the tenth-most competitive financial center in Europe. In recent years, the Grand Duchy made efforts to diversify its financial activities in certain niches such as Chinese and Islamic finance, together with FinTech. Luxembourg's three traditional strengths, however, involve its activities in investment funds, banking and insurance.
Life insurance density (premiums to population) in Belgium, Luxembourg and the Netherlands (Benelux) from 2004 to 2020
(in euros)
Characteristic
Belgium
Luxembourg
Netherlands
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Insurance Europe. (August 5, 2022). Life insurance density (premiums to population) in Belgium, Luxembourg and the Netherlands (Benelux) from 2004 to 2020 (in euros) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/617253/life-insurance-premiums-to-population-in-the-benelux/
Insurance Europe. "Life insurance density (premiums to population) in Belgium, Luxembourg and the Netherlands (Benelux) from 2004 to 2020 (in euros)." Chart. August 5, 2022. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/617253/life-insurance-premiums-to-population-in-the-benelux/
Insurance Europe. (2022). Life insurance density (premiums to population) in Belgium, Luxembourg and the Netherlands (Benelux) from 2004 to 2020 (in euros). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/617253/life-insurance-premiums-to-population-in-the-benelux/
Insurance Europe. "Life Insurance Density (Premiums to Population) in Belgium, Luxembourg and The Netherlands (Benelux) from 2004 to 2020 (in Euros)." Statista, Statista Inc., 5 Aug 2022, https://www.statista.com/statistics/617253/life-insurance-premiums-to-population-in-the-benelux/
Insurance Europe, Life insurance density (premiums to population) in Belgium, Luxembourg and the Netherlands (Benelux) from 2004 to 2020 (in euros) Statista, https://www.statista.com/statistics/617253/life-insurance-premiums-to-population-in-the-benelux/ (last visited August 25, 2024)
Life insurance density (premiums to population) in Belgium, Luxembourg and the Netherlands (Benelux) from 2004 to 2020 (in euros) [Graph], Insurance Europe, August 5, 2022. [Online]. Available: https://www.statista.com/statistics/617253/life-insurance-premiums-to-population-in-the-benelux/