Belgian insurance market: premiums per class of business 2023

May 20, 2024
Belgium
Figures in millions
Class of business2022 turnover2021 turnover2021-2022 evolution (1)2022 shares
EURUSDEURUSD
Motor4 2594 7004 0794 3544.41%13.25%
Fire4 0314 4493 6333 87810.96%12.54%
Health2 2352 4672 0252 16210.37%6.96%
Accidents1 9452 1471 7161 83213.34%6.05%
General third party liability1 4131 5591 2661 35211.61%4.40%
Other risks1 8452 0361 6941 8088.91%5.74%
Non-life total15 72817 35814 41315 3869.12%48.94%
Individual life insurance9 63210 6309 88810 555-2.59%29.97%
Group life insurance6 7797 4826 2216 6418.97%21.09%
Life total16 41118 11216 10917 1961.87%51.06%
Grand total32 13935 47030 52232 5825.30%100%

(1) Preliminary data
(2) Evolution in EUR
Source: Assuralia

Belgium

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