Number of life insurance companies in Belgium 2008-2022

Published by Jennifer Rudden, Nov 1, 2024
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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Release date

February 2023

Region

Belgium

Survey time period

2008 to 2022

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