Austria

The country profile below provides information on population, gross domestic product, insurance premiums and leading insurers.

Insurance Association

Austrian Insurance Association
Verband der Versicherungsunternehmen Oesterreichs
Web: www.vvo.at

 

POPULATION, 2011-2014 (1)

Year Population
2011 8,217,280
2012 8,219,743
2013 8,221,646
2014 8,223,062

(1) Estimated.

Source: U.S. Central Intelligence Agency.

 

 

GROSS DOMESTIC PRODUCT, 2009-2013 (1)

Year GDP
2009 $325.0
2010 323.1
2011 332.6
2012 351.4
2013 361.0

(1) Based on Purchasing Power Parity calculations, which take into account the relative cost of living and inflation rates of countries. GDP estimate for July for each year shown.

Source: U.S. Central Intelligence Agency.

 

 

LIFE AND NONLIFE INSURANCE PREMIUMS, 2013

(U.S. $ millions)

  Direct premiums written
Nonlife premiums (1) $13,456
Life premiums 8,596
Total premiums $22,052
Percent of total world premiums 0.48%

(1) Includes accident and health insurance.

Source: Swiss Re, sigma, No. 3/2014.

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LEADING NONLIFE INSURANCE COMPANIES, 2012

  Gross written premiums
Company EUR Mn USD Mn
Generali Versicherung AG 1,170.6 1,504.0
Wiener Staedtische Versicherung AG  1,000.2 1,285.1
UNIQA Osterreich Versicherungen AG  993.1 1,276.0
Allianz Elementar Versicherungs-AG  804.2 1,033.2
Donau Versicherung AG Vienna Insurance Group 484.1 622.0
Zurich Versicherungs-AG 382.8 491.9
Grazer Wechselseitige Versicherung AG 300.8 386.5
OBEROSTERREICHISCHE Versicherung AG  243.1 312.4
Niederosterreichische Versicherung AG  206.0 264.7
HDI Versicherung AG  156.1 200.6

Source: Axco Insurance Information Services.

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LEADING LIFE INSURANCE COMPANIES, 2012

  Gross written premiums 
Company EUR Mn USD Mn
Sparkassen Versicherung AG 819.4 1,053.2
WIENER STÄDTISCHE VERSICHERUNG AG 808.3 1,039.0
Generali Versicherung AG 685.4 881.0
FINANCE LIFE Lebensversicherung AG 462.4 594.3
Raiffeisen Versicherung 452.0 580.9
Allianz Elementar Lebensversicherungs-AG 418.1 537.5
Bank Austria Creditanstalt Versicherung AG 412.9 530.8
UNIQA Österreich Versicherungen AG 354.4 455.5
Wüstenrot Versicherungs-AG 293.3 377.0
Donau Versicherung AG Vienna Insurance Group 250.4 321.8

Source: Axco Insurance Information Services.

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