Belgian insurance market

November 12, 2026
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Figures in millions

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Class of business2025 turnover2024 turnover2024-2025
evolution (1)
2025 shares
EURUSDEURUSD
Motor4 6845 5104 4894 6764.3%12.5%
Fire4 3595 1284 2364 4122.9%11.6%
Health2 5422 9902 3702 4687.3%6.8%
Accidents2 1502 5292 1422 2310.4%5.7%
General third party liability1 4561 7131 4281 4872.0%3.9%
Other risks (2)2 0532 4151 9882 0713.3%5.5%
Non-life total17 24420 28516 65317 3453.5%46.0%
Individual life insurance13 49015 86811 56712 04816.6%35.9%
Group life insurance6 7897 9866 6366 9122.3%18.1%
Life total20 27923 85418 20318 96011.4%54.0%
Grand total37 52344 13934 85636 3057.7%100%

(1) Evolution in EUR
(2) Includes marine, credit and suretyship, miscellaneous financial losses, legal protection, and assistance


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