The total value of domestic claims and benefits paid out by the insurance providers in Europe reached a high in 2017 and 2018, amounting to over one trillion euros. In 2020, the total value of payouts on the European domestic market reached above the one trillion value, amounting to approximately one trillion euros.
Total claims and benefits paid on the European insurance domestic market from 2004 to 2020
(in billion euros)
Countries included in the Insurance Europe sample: Austria, Belgium, Bulgaria, Croatia, Cyprus, Czechia, Germany, Denmark, Estonia, Spain, Finland, France, Greece, Hungary, Ireland, Lithuania, Latvia, Montenegro, Netherlands, Norway, Poland, Portugal, Romania, Sweden, Switzerland, Slovenia, Slovakia, Turkey and the United Kingdom.
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Insurance Europe. (August 5, 2022). Total claims and benefits paid on the European insurance domestic market from 2004 to 2020 (in billion euros) [Graph]. In Statista. Retrieved April 21, 2025, from https://www.statista.com/statistics/433349/insurance-claims-and-benefits-value-europe/
Insurance Europe. "Total claims and benefits paid on the European insurance domestic market from 2004 to 2020 (in billion euros)." Chart. August 5, 2022. Statista. Accessed April 21, 2025. https://www.statista.com/statistics/433349/insurance-claims-and-benefits-value-europe/
Insurance Europe. (2022). Total claims and benefits paid on the European insurance domestic market from 2004 to 2020 (in billion euros). Statista. Statista Inc.. Accessed: April 21, 2025. https://www.statista.com/statistics/433349/insurance-claims-and-benefits-value-europe/
Insurance Europe. "Total Claims and Benefits Paid on The European Insurance Domestic Market from 2004 to 2020 (in Billion Euros)." Statista, Statista Inc., 5 Aug 2022, https://www.statista.com/statistics/433349/insurance-claims-and-benefits-value-europe/
Insurance Europe, Total claims and benefits paid on the European insurance domestic market from 2004 to 2020 (in billion euros) Statista, https://www.statista.com/statistics/433349/insurance-claims-and-benefits-value-europe/ (last visited April 21, 2025)
Total claims and benefits paid on the European insurance domestic market from 2004 to 2020 (in billion euros) [Graph], Insurance Europe, August 5, 2022. [Online]. Available: https://www.statista.com/statistics/433349/insurance-claims-and-benefits-value-europe/