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Detailed European insurance statistics published: insurers paid out €2.8bn a day in claims in 2017

Insurance Europe’s latest statistics show that gross written premiums in Europe increased 4.7% year-on-year to €1 213bn in 2017, with the highest growth in the general liability and life business lines. Claims and benefits paid increased 8.8% to €1 014bn, equivalent to €2.8bn a day. With the total investment portfolio growing 1.2% to €10 226bn, 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 2017 data on life, health and property & casualty premiums and claims, as well as the industry’s investments and market structure.

Published 4 March 2019