The market penetration in the non-life insurance sector in Spain remained somewhat consistent between 2005 and 2022. As of 2022 market penetration reached 3.03 percent - a slight decrease from the previous year. The highest figure recorded during the time period under observation was in 2020, when the penetration rate was 3.31 percent. Market penetration in the Spanish non-life insurance sector reached its lowest point in 2015, when it stood at 2.9 percent.
Market penetration in the non-life insurance sector in Spain from 2005 to 2022
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Mapfre. (August 29, 2023). Market penetration in the non-life insurance sector in Spain from 2005 to 2022 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/772081/penetration-in-he-sector-insurer-from-do-not-lifetime-in-spain/
Mapfre. "Market penetration in the non-life insurance sector in Spain from 2005 to 2022." Chart. August 29, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/772081/penetration-in-he-sector-insurer-from-do-not-lifetime-in-spain/
Mapfre. (2023). Market penetration in the non-life insurance sector in Spain from 2005 to 2022. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/772081/penetration-in-he-sector-insurer-from-do-not-lifetime-in-spain/
Mapfre. "Market Penetration in The Non-life Insurance Sector in Spain from 2005 to 2022." Statista, Statista Inc., 29 Aug 2023, https://www.statista.com/statistics/772081/penetration-in-he-sector-insurer-from-do-not-lifetime-in-spain/
Mapfre, Market penetration in the non-life insurance sector in Spain from 2005 to 2022 Statista, https://www.statista.com/statistics/772081/penetration-in-he-sector-insurer-from-do-not-lifetime-in-spain/ (last visited July 22, 2024)
Market penetration in the non-life insurance sector in Spain from 2005 to 2022 [Graph], Mapfre, August 29, 2023. [Online]. Available: https://www.statista.com/statistics/772081/penetration-in-he-sector-insurer-from-do-not-lifetime-in-spain/