Insurance market premiums volume by type of insurance in Spain 2005-2023

Published by Jennifer Rudden, Nov 1, 2024

The volume of life and non-life insurance market premiums in Spain fluctuated somewhat from 2005 to 2023. In 2023 the volume of non-life insurance market premiums in Spain increased with respect to the previous year to reach a value of 43 billion euros. Similarly, life insurance premiums increased to a value of approximately 33.4 billion euros.

Volume of insurance market premiums in Spain from 2005 to 2023, by type of insurance (in millions of euros)

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Release date

September 2024

Region

Spain

Survey time period

2005 to 2023

Supplementary notes

The premium is the price paid by the policyholder as consideration for the coverage received from the insured risk.
Life insurance covers the risks that affect the death or survival of the insured.

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