In 2022, the reinsurance market in Luxembourg grew by more than one billion euros. In that year, reinsurance companies in Luxembourg generated revenues of approximately 16.7 billion euros. 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 after London, Frankfurt and Zürich. 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.
Total revenue in gross written premiums of reinsurance companies in Luxembourg from 2010 to 2022
(in billion euros)
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Total revenue in billion euros
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Commissariat aux Assurances. (October 3, 2023). Total revenue in gross written premiums of reinsurance companies in Luxembourg from 2010 to 2022 (in billion euros) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/669950/turnover-of-gross-written-premiums-of-reinsurance-companies-in-luxembourg/
Commissariat aux Assurances. "Total revenue in gross written premiums of reinsurance companies in Luxembourg from 2010 to 2022 (in billion euros)." Chart. October 3, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/669950/turnover-of-gross-written-premiums-of-reinsurance-companies-in-luxembourg/
Commissariat aux Assurances. (2023). Total revenue in gross written premiums of reinsurance companies in Luxembourg from 2010 to 2022 (in billion euros). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/669950/turnover-of-gross-written-premiums-of-reinsurance-companies-in-luxembourg/
Commissariat aux Assurances. "Total Revenue in Gross Written Premiums of Reinsurance Companies in Luxembourg from 2010 to 2022 (in Billion Euros)." Statista, Statista Inc., 3 Oct 2023, https://www.statista.com/statistics/669950/turnover-of-gross-written-premiums-of-reinsurance-companies-in-luxembourg/
Commissariat aux Assurances, Total revenue in gross written premiums of reinsurance companies in Luxembourg from 2010 to 2022 (in billion euros) Statista, https://www.statista.com/statistics/669950/turnover-of-gross-written-premiums-of-reinsurance-companies-in-luxembourg/ (last visited July 22, 2024)
Total revenue in gross written premiums of reinsurance companies in Luxembourg from 2010 to 2022 (in billion euros) [Graph], Commissariat aux Assurances, October 3, 2023. [Online]. Available: https://www.statista.com/statistics/669950/turnover-of-gross-written-premiums-of-reinsurance-companies-in-luxembourg/