Insurance EuropeInsurance Europe
Motor

Technological advances are moving fast

Motor insurance is a valuable resource that protects millions of motorists throughout Europe. Consequently, it is frequently the focus of policymakers.

The fact that the pricing of motor insurance differs between member states is often misinterpreted as a shortcoming of the single EU market. Insurance Europe engages with policymakers to reiterate the many different factors that affect the pricing of insurance policies. These include the volume and type of claims made in a particular country, as well as country-specific features that affect risk, such as the cost of medical treatment for people injured in accidents.

Meanwhile technological advances provide not only opportunities for innovation, but also ways to make road transport safer, cleaner and more efficient. For example, intelligent transport systems and telematics devices — the technology that makes vehicle-to-vehicle communications and traffic infrastructure-to-vehicle communication possible, are changing the way we travel.

Insurance Europe is supportive of innovations such as eCall, the in-car emergency system that automatically alerts emergency services in the case of an accident. It is clear, however, that such new technologies must be standardised and open-access be provided to them to ensure consumer choice and fair competition.

Related statistics
Motor claims
TotalMotor claims paidGrowth rate, %
200489
2005912.4
2006910.4
2007942.6
2008995.4
20091023.7
20101052.6
2011103-1.7
2012100-2.9
201399-1.0
20141000.3
20151033.0
Colour#f78f1e#000000
url/node/4311/node/4311
Candlestick

Hover over the bars for each data point, or click on a bar to see motor claims by country data.

Notes:
Nominal growth at constant exchange rates
For DE, DK and IE, the figures show gross claims expenditure (ie claims paid + change in the provision for claims)
For GR and the UK, 2013 figures are preliminary
For HU, the figures are from the national supervisor
For SI, only SZZ member companies. Branches are excluded

Size of the sample (as % of total premiums): 100%

Motor premiums
TotalMotor premiumsGrowth rate, %
20041170.0
20051267.8
20061260.2
20071281.3
2008127-0.3
2009125-1.9
20101261.2
20111303.4
20121321.4
20131330.4
2014130-1.8
20151332.2
Colour#f78f1e#000000
url/node/4221/node/4221
Candlestick

Hover over the bars for each data point, or click on a bar to see motor premiums by country data.

Notes:
Nominal growth at constant exchange rates
For MT, the drop in 2008 is because prior to 2008 cross-border business was included
For SI, only SZZ member companies. Branches are excluded

Size of the sample (as % of total premiums): 99.8%

Related items
Positions
Data processing is key for insurers and consumers...
Features
Contacts