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Detailed European insurance statistics published: insurers paid out €2.9bn a day in claims in 2018

Insurance Europe’s latest statistics show that gross written premiums in Europe increased 6.2% year-on-year to € 1 311bn in 2018, with the highest growth in the property and casualty and life business lines. Claims and benefits paid increased 3.1% to € 1 069bn, equivalent to € 2.9bn a day. While the total investment portfolio dipped slightly to € 10 186bn, the industry retained its position as Europe’s largest institutional investor.

The latest edition of Insurance Europe’s “European Insurance in Figures” report contains detailed 2018 data on life, health and property & casualty premiums and claims, as well as the industry’s investments and market structure.

Published 31 January 2020