This statistic shows the leading property insurance companies on the international market in Luxembourg as of 2016, by premiums written (in euros). Unlike neighboring countries in Europe and much like Switzerland, Luxembourg has a strong international orientation when it comes to insurance. The Grand Duchy therefore has two insurance markets: one domestic and one international. On the international market, Swiss Re had the highest premiums written with a value of approximately 413.7 million euros. In the most recent Global Financial Centers Index, Luxembourg was ranked as having the fourth most competitive financial center in Europe after London, Zürich and Frankfurt. In recent years, the Grand Duchy made efforts to diversify its financial activities in certain niches such as Chinese and Islamic finance, together with FinTech. Luxembourg's three traditional strengths, however, involve its activities in investment funds, banking and insurance. The number of domestic companies increased in 97 in 2014 and remained the same in 2015.
Leading property insurance companies on the international market in Luxembourg as of 2016, by premiums written (in euros)*
Characteristic
Premiums written in euros
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* The source mentions that the numbers provided are primes emises en euros (in English: premiums written in euros). However, the source does not mention whether or not it concerned gross (in French: brut) or net (in French: net).
For this statistic, the values reported by the source have been added together. The source originally supplied numbers for different branches within the property (in French: dommages) insurance sector. These were as follows:
- Incendie et éléments naturels (in English: fire and natural disaster;
- Autres dommages aux biens (in English: other damage to property);
- Pertes pécuniaires diverses (in English: various financial losses).
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Luxembourg Insurance and Reinsurance Association. (June 19, 2017). Leading property insurance companies on the international market in Luxembourg as of 2016, by premiums written (in euros)* [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/815406/leading-companies-in-property-on-international-market-luxembourg-by-premiums/
Luxembourg Insurance and Reinsurance Association. "Leading property insurance companies on the international market in Luxembourg as of 2016, by premiums written (in euros)*." Chart. June 19, 2017. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/815406/leading-companies-in-property-on-international-market-luxembourg-by-premiums/
Luxembourg Insurance and Reinsurance Association. (2017). Leading property insurance companies on the international market in Luxembourg as of 2016, by premiums written (in euros)*. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/815406/leading-companies-in-property-on-international-market-luxembourg-by-premiums/
Luxembourg Insurance and Reinsurance Association. "Leading Property Insurance Companies on The International Market in Luxembourg as of 2016, by Premiums Written (in Euros)*." Statista, Statista Inc., 19 Jun 2017, https://www.statista.com/statistics/815406/leading-companies-in-property-on-international-market-luxembourg-by-premiums/
Luxembourg Insurance and Reinsurance Association, Leading property insurance companies on the international market in Luxembourg as of 2016, by premiums written (in euros)* Statista, https://www.statista.com/statistics/815406/leading-companies-in-property-on-international-market-luxembourg-by-premiums/ (last visited August 24, 2024)
Leading property insurance companies on the international market in Luxembourg as of 2016, by premiums written (in euros)* [Graph], Luxembourg Insurance and Reinsurance Association, June 19, 2017. [Online]. Available: https://www.statista.com/statistics/815406/leading-companies-in-property-on-international-market-luxembourg-by-premiums/