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Gross written premium income of motor vehicle full own damage insurance in Germany: Raise in 2016

The variable slightly went up by 2.82 percent in comparison with one year earlier, updated statistics from German Insurance Association demonstrate. It illustrates the all-time peak since 2010 as the indicator rose barely by 239 million Euros, as it follows the tendency of the prior year when it grew by 4.62 percent. Germany saw a growth of 33.25% in property insurance gross written premium over the past 7 years. Besides, it has attained the compound average annual growth rate of 0.04% during the last 5 years with a modest overall rise since the start of time series. It averaged 7 644.29 million Euros from 2010 to 2016 and it attained its minimum of 6 530 million Euros in 2010.

Gross written premium income of motor vehicle full own damage insurance in Germany: Raise in 2016
Date Million Euros Variation
2016 8 701.00 2.82
2015 8 462.00 4.62
2014 8 088.00 4.94
2013 7 707.00 6.88
2012 7 211.00 5.87
2011 6 811.00 4.3
2010 6 530.00 N/A

Related Statistics

Property Insurance Gross Written Premium 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.