Life and non-life insurance market size in Portugal 2016-2024
Insurance premium revenue in Portugal reached a six-year peak in 2021 when more than 13 billion euros were generated. In 2021, life insurance premiums reached 7.7 billion euros and non-life insurance premiums reached 5.6 billion euros. The largest insurance company in Portugal was Fidelidade. In 2024, insurance premium revenue both for life insurances and for non-life insurances increased, compared to the previous year.