The number of life insurance companies in Belgium halved between 2012 and 2022. In 2022, there were 11 life insurance companies in Belgium, down from 30 in 2008. The life branch of insurances focuses on life insurances, pensions, and funeral insurance and reached a market share of life insurance business in terms of gross premium, the ratio of gross life insurance premium to the total gross premium, of approximately 71 percent in Belgium in 2007. This, however, decreased to approximately 49 percent in 2020.
Total number of life insurance companies in Belgium from 2008 to 2022
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Total number of life insurance companies in Belgium from 2008 to 2022
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National Bank of Belgium. (February 28, 2023). Total number of life insurance companies in Belgium from 2008 to 2022 [Graph]. In Statista. Retrieved April 02, 2025, from https://www.statista.com/statistics/671372/number-of-life-insurance-companies-in-belgium/
National Bank of Belgium. "Total number of life insurance companies in Belgium from 2008 to 2022." Chart. February 28, 2023. Statista. Accessed April 02, 2025. https://www.statista.com/statistics/671372/number-of-life-insurance-companies-in-belgium/
National Bank of Belgium. (2023). Total number of life insurance companies in Belgium from 2008 to 2022. Statista. Statista Inc.. Accessed: April 02, 2025. https://www.statista.com/statistics/671372/number-of-life-insurance-companies-in-belgium/
National Bank of Belgium. "Total Number of Life Insurance Companies in Belgium from 2008 to 2022." Statista, Statista Inc., 28 Feb 2023, https://www.statista.com/statistics/671372/number-of-life-insurance-companies-in-belgium/
National Bank of Belgium, Total number of life insurance companies in Belgium from 2008 to 2022 Statista, https://www.statista.com/statistics/671372/number-of-life-insurance-companies-in-belgium/ (last visited April 02, 2025)
Total number of life insurance companies in Belgium from 2008 to 2022 [Graph], National Bank of Belgium, February 28, 2023. [Online]. Available: https://www.statista.com/statistics/671372/number-of-life-insurance-companies-in-belgium/
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