Revenue of property and casualty insurance companies in Luxembourg 2010-2022
Revenues generated by non-life insurance companies in Luxembourg rose by two billion euros in 2022. In that year, non-life insurance companies in Luxembourg had revenues of approximately 15 billion euros, up from 13.2 billion euros a year earlier.
Luxembourg is an international financial center in the European Union. In the most recent Global Financial Centers Index, Luxembourg was ranked as having the one of the most competitive financial centers 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.
Luxembourg is an international financial center in the European Union. In the most recent Global Financial Centers Index, Luxembourg was ranked as having the one of the most competitive financial centers 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.
