The Netherlands was the country with the highest reinsurance retention rate for non-life insurance in 2023, according to data from select countries. In the insurance industry, the retention ratio refers to the portion of premiums (and therefore risk) that is kept on a company's books rather than being passed on to reinsurance companies.
Retention ratio of the non-life insurance market in select countries worldwide in 2023, by country
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OECD. (December 16, 2024). Retention ratio of the non-life insurance market in select countries worldwide in 2023, by country [Graph]. In Statista. Retrieved May 04, 2025, from https://www.statista.com/statistics/1268839/non-life-insurance-retention-ratio-worldwide-country/
OECD. "Retention ratio of the non-life insurance market in select countries worldwide in 2023, by country." Chart. December 16, 2024. Statista. Accessed May 04, 2025. https://www.statista.com/statistics/1268839/non-life-insurance-retention-ratio-worldwide-country/
OECD. (2024). Retention ratio of the non-life insurance market in select countries worldwide in 2023, by country. Statista. Statista Inc.. Accessed: May 04, 2025. https://www.statista.com/statistics/1268839/non-life-insurance-retention-ratio-worldwide-country/
OECD. "Retention Ratio of The Non-life Insurance Market in Select Countries Worldwide in 2023, by Country." Statista, Statista Inc., 16 Dec 2024, https://www.statista.com/statistics/1268839/non-life-insurance-retention-ratio-worldwide-country/
OECD, Retention ratio of the non-life insurance market in select countries worldwide in 2023, by country Statista, https://www.statista.com/statistics/1268839/non-life-insurance-retention-ratio-worldwide-country/ (last visited May 04, 2025)
Retention ratio of the non-life insurance market in select countries worldwide in 2023, by country [Graph], OECD, December 16, 2024. [Online]. Available: https://www.statista.com/statistics/1268839/non-life-insurance-retention-ratio-worldwide-country/