The annual gross loss ratio in home insurance in Spain fluctuated significantly from 2005 to 2023. In 2023, the gross loss ratio in multi-risk home insurance was 63.5 percent - an increase of 2.4 percent from the previous year. The highest gross loss ratio in home insurance in Spain was recorded in 2010, when it stood at just over 65 percent.
Gross loss ratio of multi-risk homeowners insurance in Spain from 2005 to 2023
Values prior to 2013 taken from previous reports. Gross loss ratio are calculated as follows: (claims + direct + accepted) + changes in other technical provisions + profit sharing and premiums) / gross imputed premiums (direct + accepted).
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Mapfre. (September 23, 2024). Gross loss ratio of multi-risk homeowners insurance in Spain from 2005 to 2023 [Graph]. In Statista. Retrieved November 17, 2024, from https://www.statista.com/statistics/773817/accident-rate-gross-in-the-insurance-multi-hazards-of-the-home-in-spain/
Mapfre. "Gross loss ratio of multi-risk homeowners insurance in Spain from 2005 to 2023." Chart. September 23, 2024. Statista. Accessed November 17, 2024. https://www.statista.com/statistics/773817/accident-rate-gross-in-the-insurance-multi-hazards-of-the-home-in-spain/
Mapfre. (2024). Gross loss ratio of multi-risk homeowners insurance in Spain from 2005 to 2023. Statista. Statista Inc.. Accessed: November 17, 2024. https://www.statista.com/statistics/773817/accident-rate-gross-in-the-insurance-multi-hazards-of-the-home-in-spain/
Mapfre. "Gross Loss Ratio of Multi-risk Homeowners Insurance in Spain from 2005 to 2023." Statista, Statista Inc., 23 Sep 2024, https://www.statista.com/statistics/773817/accident-rate-gross-in-the-insurance-multi-hazards-of-the-home-in-spain/
Mapfre, Gross loss ratio of multi-risk homeowners insurance in Spain from 2005 to 2023 Statista, https://www.statista.com/statistics/773817/accident-rate-gross-in-the-insurance-multi-hazards-of-the-home-in-spain/ (last visited November 17, 2024)
Gross loss ratio of multi-risk homeowners insurance in Spain from 2005 to 2023 [Graph], Mapfre, September 23, 2024. [Online]. Available: https://www.statista.com/statistics/773817/accident-rate-gross-in-the-insurance-multi-hazards-of-the-home-in-spain/
