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Gross written premium income of motor vehicle full own damage insurance in Germany rises in 2017

The variable barely grew by 3.53 percent in comparison to the previous year, revised statistics from German Insurance Association display. Property insurance gross written premium went up slightly by 307 million Euros, as it follows the tendency of the previous year when it rose by 2.82 percent. It's the highest number ever observed since 2010. The overall changes for the prior 8 years reached a growth of 37.95%. Likewise, it has attained the CAGR of 0.03% during the five years with a slight overall increase since the 2010. It averaged 7 814.75 million Euros from 2010 to 2017 and it hit its minimum of 6 530 million Euros in 2010.

Gross written premium income of motor vehicle full own damage insurance in Germany rises in 2017
Date Million Euros Variation
2017 9 008.00 3.53
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.