The year-on-year growth of premiums issued for direct car insurance in Spain fluctuated significantly between 2005 and 2023. From 2008 to 2014, the annual variation in premiums issued by direct car insurers in Spain was negative, with particularly low points in 2009, 2012, and 2013. However, starting in 2015, premiums displayed a positive annual change, except for 2020 and 2021. In 2023, the percentage change in the volume of premiums issued for direct car insurance in Spain peaked at 6.6%, doubling the percentage growth from the previous year.
Annual percentage change in the volume of premiums issued for direct car insurance in Spain from 2005 to 2023
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Mapfre. (September 23, 2024). Annual percentage change in the volume of premiums issued for direct car insurance in Spain from 2005 to 2023 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/773444/variation-from-cousins-from-insurance-direct-from-vehicle-in-he-market-spanish/
Mapfre. "Annual percentage change in the volume of premiums issued for direct car insurance in Spain from 2005 to 2023." Chart. September 23, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/773444/variation-from-cousins-from-insurance-direct-from-vehicle-in-he-market-spanish/
Mapfre. (2024). Annual percentage change in the volume of premiums issued for direct car insurance in Spain from 2005 to 2023. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/773444/variation-from-cousins-from-insurance-direct-from-vehicle-in-he-market-spanish/
Mapfre. "Annual Percentage Change in The Volume of Premiums Issued for Direct Car Insurance in Spain from 2005 to 2023." Statista, Statista Inc., 23 Sep 2024, https://www.statista.com/statistics/773444/variation-from-cousins-from-insurance-direct-from-vehicle-in-he-market-spanish/
Mapfre, Annual percentage change in the volume of premiums issued for direct car insurance in Spain from 2005 to 2023 Statista, https://www.statista.com/statistics/773444/variation-from-cousins-from-insurance-direct-from-vehicle-in-he-market-spanish/ (last visited November 21, 2024)
Annual percentage change in the volume of premiums issued for direct car insurance in Spain from 2005 to 2023 [Graph], Mapfre, September 23, 2024. [Online]. Available: https://www.statista.com/statistics/773444/variation-from-cousins-from-insurance-direct-from-vehicle-in-he-market-spanish/