Non-life market overview
| Author | European Insurance and Occupational Pensions Authority (EU body or agency) |
| Pages | 9-15 |
3. NON-LIFE MARKET OVERVIEW
Non-Life GWP has increased for the vast majority of countries (27) in 2019. More than
50% of the Non-life market is made up of General Liability, Motor Vehicle Liability, Medi-
cal Expenses insurances & Fire and other damage to property insurance lines of business.
Figure 9: Concentration per country
10 Undertakings 5 Undertakings 3 Undertakings
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
AT
BE
BG
CY
CZ
DE
DK
EE
ES
FI
FR
GR
HR
HU
IE
IS
IT
LI
LT
LU
LV
MT
NL
NO
PL
PT
RO
SE
SI
SK
UK
The concentration indica tor is ameasure of the market share of the national GW P that the 3, 5, and 10 b iggest premium
writers account for.
Figure 10: Aggregate GWP growth per country
Non-Life GWP 2018 Non-Life GWP 2019 Delta
-10%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
0
-20
20
40
60
80
100
120
140
160
180
200
DE
FR
UK
NL
ES
IT
IE
BE
LU
SE
AT
PL
DK
NO
PT
CZ
FI
MT
LI
BG
SI
GR
HU
RO
SK
HR
EE
CY
IS
LT
LV
Billions
The aggregated GWP for b oth 2018 and 2019 are displayed pe r country. Delta displays the increas e/decrease in % GWP
of this year compared to last.
IS, LI, LV & LT show a3 undertaking
market concentration above 8 0%.
Such high levels of concentratio n
are attributable to the relati vely few
companies in each country.
The least concentrated mar ket is FR
followed by DE, CY, GR and ES .
DE, FR & UK are the largest No n-
Life underwriters.
Growth of ~77% is obser ved for LU.
BE at 41% have the second larges t
increase.
UK, CY & FI are the only count ries
to display decreases in premium
at-9%,-3% and-1% res pectively.
SOLO UNDERTAKINGS YEAREND
9
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