Belgium

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

Insurance Association

Insurance Company Association
Assuralia
Web: www.assuralia.be

 

POPULATION, 2011-2014 (1)

Year Population
2011 10,431,477
2012 10,438,353
2013 10,444,268
2014 10,449,361

(1) Estimated.

Source: U.S. Central Intelligence Agency.

 

 

GROSS DOMESTIC PRODUCT, 2009-2013 (1)

Year GDP
2009 $398.7
2010 381.4
2011 396.9
2012 412.0
2013 421.7

(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) $16,549
Life premiums 22,839
Total premiums $39,388
Percent of total world premiums 0.82%

(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
AXA Belgium 1,940.4 2,576.4
AG Insurance 1,829.2 2,428.7
Ethias 1,116.9 1,482.9
KBC Assurances 935.9 1,242.6
Baloise 708.8 941.0
Allianz Benelux 505.9 671.7
Belfius Assurances 499.0 662.5
DKV 460.9 611.9
Vivium 396.7 526.7
P&V 260.4 345.7

Source: Axco Insurance Information Services.

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LEADING LIFE INSURANCE COMPANIES, 2013

  Gross written premiums
Company EUR Mn USD Mn
AG Insurance 4,118.8 5,468.7
AXA Belgium 2,004.1 2,660.9
KBC Assurances 1,484.9 1,971.6
Ethias 1,434.2 1,904.3
Belfius Assurances 1,236.9 1,642.3
Allianz Benelux 894.2 1,187.2
Delta Lloyd Life 798.7 1,060.5
Vivium 649.0 861.7
ERGO 506.6 672.6
Aras 489.9 650.5

Source: Axco Insurance Information Services.

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