The market share of life insurance in the DACH region fell between 2014 and 2021. In 2021, life insurance premiums accounted for 36.4 percent of the insurance market in Switzerland, down from almost 50 percent in 2014. The same trend occurred in Germany and Austria.
Market share of life insurance business in terms of gross premium in Germany, Austria and Switzerland (DACH region) from 2014 to 2021
The source did not publish any data for 2020 and 2021 for Austria.
The source defines market share as the ratio of gross life insurance premiums to total gross premiums, which measures the relative importance of life insurance as compared to non-life insurance.
Release date is the date the database was accessed.
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OECD. (August 28, 2023). Market share of life insurance business in terms of gross premium in Germany, Austria and Switzerland (DACH region) from 2014 to 2021 [Graph]. In Statista. Retrieved November 12, 2024, from https://www.statista.com/statistics/662680/life-insurance-market-share-dach-europe/
OECD. "Market share of life insurance business in terms of gross premium in Germany, Austria and Switzerland (DACH region) from 2014 to 2021." Chart. August 28, 2023. Statista. Accessed November 12, 2024. https://www.statista.com/statistics/662680/life-insurance-market-share-dach-europe/
OECD. (2023). Market share of life insurance business in terms of gross premium in Germany, Austria and Switzerland (DACH region) from 2014 to 2021. Statista. Statista Inc.. Accessed: November 12, 2024. https://www.statista.com/statistics/662680/life-insurance-market-share-dach-europe/
OECD. "Market Share of Life Insurance Business in Terms of Gross Premium in Germany, Austria and Switzerland (Dach Region) from 2014 to 2021." Statista, Statista Inc., 28 Aug 2023, https://www.statista.com/statistics/662680/life-insurance-market-share-dach-europe/
OECD, Market share of life insurance business in terms of gross premium in Germany, Austria and Switzerland (DACH region) from 2014 to 2021 Statista, https://www.statista.com/statistics/662680/life-insurance-market-share-dach-europe/ (last visited November 12, 2024)
Market share of life insurance business in terms of gross premium in Germany, Austria and Switzerland (DACH region) from 2014 to 2021 [Graph], OECD, August 28, 2023. [Online]. Available: https://www.statista.com/statistics/662680/life-insurance-market-share-dach-europe/
