Gross loss ratio for credit insurance in Spain in 2005-2023

Published by
Jennifer Rudden,
Nov 1, 2024

The annual gross loss ratio in credit insurance in Spain fluctuated significantly from 2005 to 2023. In 2023, the credit insurance gross loss ratio was 44 - a slight increase of almost three percent from the previous year. The highest loss ratio recorded during the period under observation was in 2008 when the ratio exceeded 140 percent. The lowest ratio was recorded in 2021 when it dropped below 30 percent.

Gross loss ratio of credit insurance in Spain from 2005 to 2023

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Release date

September 2024

Region

Spain

Survey time period

2005 to 2023

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Spanish
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