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Gross incurred claims of property insurance in Germany: Growth in 2016

German Insurance Association published that in comparison with the previous year the indicator went up hardly by 1.11%. The variable negligibly climbed from 12 996 million Euros to 13 140 million Euros, as it follows the tendency of the prior year when it rose by 6.73%. The overall changes for the previous 35 years reached a increase of 204.66%. Moreover, it has attained a growth at a 0.02% average annual growth rate over the 5 years with a modest overall raise since the start of time series. It averaged 8 806.66 million Euros from 1982 to 2016 and it hit its all-time high of 15 109 million Euros in 2013 and record low of 4 313 million Euros in 1982.

Gross incurred claims of property insurance in Germany: Growth in 2016
Date Million Euros Variation
2016 13 140.00 1.11
2015 12 996.00 6.73
2014 12 177.00 -19.41
2013 15 109.00 29.62
2012 11 656.00 4.34
2011 11 171.00 0.19
2010 11 150.00 9.82
2009 10 153.00 -1.63
2008 10 321.00 -9.46
2007 11 399.00 17.79

Related Statistics

Property Insurance Claims in other Countries

Main Property Insurance Indicators

  • Property Insurance Gross Written Premium

    Total premium on insurance underwritten by a property insurer or reinsurer during a specified period, before deduction of reinsurance premium. It is the sum of the direct and assumed premium written and represents an indicator of the importance of the property insurance industry in a given country. Usually measured in millions or billions of national currency. Property insurance protects the insured against loss or damage to real or personal property from a variety of perils, including but not limited to fire, lightening, business interruption, loss of rents, glass breakage, natural catastrophe, explosion, riot, civil commotion, or damage from aircrafts or vehicles. Based on: US National Association of Insurance Commissioners.

  • Property Insurance Claims

    Requests made by the insured for insurer remittance of payment due to loss incurred and covered under the property insurance policy agreement, usually measured in millions or billions of national currency. Property insurance protects the insured against loss or damage to real or personal property from a variety of perils, including but not limited to fire, lightening, business interruption, loss of rents, glass breakage, natural catastrophe, explosion, riot, civil commotion, or damage from aircrafts or vehicles. Based on: US National Association of Insurance Commissioners.

  • Property Insurance Income

    Income generated by property insurance, usually expressed in millions or billions of national currency. Property insurance protects the insured against loss or damage to real or personal property from a variety of perils, including but not limited to fire, lightening, business interruption, loss of rents, glass breakage, natural catastrophe, explosion, riot, civil commotion, or damage from aircrafts or vehicles.