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, 2014

(U.S. $ millions)

  Direct premiums written
Nonlife premiums (1) $13,820
Life premiums 8,974
Total premiums $22,794
Percent of total world premiums 0.48%

(1) Includes accident and health insurance.

Source: Swiss Re, sigma, No. 4/2015.

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LEADING NONLIFE INSURANCE COMPANIES, 2013

  Gross written premiums
Company EUR Mn USD Mn
Generali Versicherung AG 1,194.6 1,586.1
Wiener Staedtische Versicherung AG 1,033.5 1,372.2
UNIQA Osterreich Versicherungen AG 1,024.0 1,359.6
Allianz Elementar Versicherungs-AG 823.9 1,093.9
Donau Versicherung AG Vienna Insurance Group 491.4 652.4
Zurich Versicherungs-AG 403.1 535.2
Grazer Wechselseitige Versicherung AG 311.2 413.1
Oberosterreichische Versicherung AG 250.1 332.1
Niederosterreichische Versicherung AG 211.1 280.3
HDI Versicherung AG 154.5 205.1

Source: Axco Insurance Information Services.

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LEADING LIFE INSURANCE COMPANIES, 2013

  Gross written premiums
Company EUR Mn USD Mn
Sparkassen Versicherung AG 833.3 1,106.4
Wiener Stadtische Versicherung AG 757.3 1,005.4
Generali Versicherung AG 675.4 896.7
ERGO Versicherung AG 553.8 735.3
FINANCE LIFE Lebensversicherung AG 529.8 703.4
Raiffeisen Versicherung 465.4 617.9
Allianz Elementar Lebensversicherungs AG 394.6 523.9
UNIQA Osterreich Versicherungen AG 343.9 456.5
Wustenrot Versicherungs AG 282.8 375.4
Donau Versicherung AG Vienna Insurance Group 252.9 335.7

Source: Axco Insurance Information Services.

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