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 ameasure 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 a3 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  YEAREND 

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