The accident insurance sector was the most profitable Spanish non-life insurance segment in between 2019 and 2022, calculated as the ratio between the technical-financial result and the volume of net earned premiums. Industrial all-risk insurance was ranked to be the least profitable.
Profitability of the non-life insurance industry in Spain in 2019 and 2022, by sector
* Net accrued premiums = gross imputed premiums - earned premiums from assigned reinsurance ± change in the provision for unconsolidated premiums from assigned reinsurance (technical account).
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Ministerio de Economía y Empresa. (October 15, 2023). Profitability of the non-life insurance industry in Spain in 2019 and 2022, by sector [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/774206/result-on-premiums-of-non-life-insurance-sector-by-sector/
Ministerio de Economía y Empresa. "Profitability of the non-life insurance industry in Spain in 2019 and 2022, by sector." Chart. October 15, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/774206/result-on-premiums-of-non-life-insurance-sector-by-sector/
Ministerio de Economía y Empresa. (2023). Profitability of the non-life insurance industry in Spain in 2019 and 2022, by sector. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/774206/result-on-premiums-of-non-life-insurance-sector-by-sector/
Ministerio de Economía y Empresa. "Profitability of The Non-life Insurance Industry in Spain in 2019 and 2022, by Sector." Statista, Statista Inc., 15 Oct 2023, https://www.statista.com/statistics/774206/result-on-premiums-of-non-life-insurance-sector-by-sector/
Ministerio de Economía y Empresa, Profitability of the non-life insurance industry in Spain in 2019 and 2022, by sector Statista, https://www.statista.com/statistics/774206/result-on-premiums-of-non-life-insurance-sector-by-sector/ (last visited November 21, 2024)
Profitability of the non-life insurance industry in Spain in 2019 and 2022, by sector [Graph], Ministerio de Economía y Empresa, October 15, 2023. [Online]. Available: https://www.statista.com/statistics/774206/result-on-premiums-of-non-life-insurance-sector-by-sector/
