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, 2013

(U.S. $ millions)

  Direct premiums written
Nonlife premiums (1) $16,578
Life premiums 22,430
Total premiums $39,008
Percent of total world premiums 0.84%

(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
AXA Belgium  1,985.9 2,551.6
AG Insurance  1,744.8 2,241.8
Ethias  1,085.4 1,394.6
CBC Assurances  892.6 1,146.8
Baloise  681.3 875.3
Belins  487.6 626.5
DKV  443.3 569.6
Allianz Belgium  405.2 520.6
Vivium  378.6 486.4
P&V  183.7 236.0

Source: Axco Insurance Information Services.

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LEADING LIFE INSURANCE COMPANIES, 2012

  Gross written premiums 
Company EUR Mn USD Mn
AG Insurance  5,134.2 6,596.8
CBC Assurances  3,892.9 5,001.8
AXA Belgium  2,079.7 2,672.1
Belins  1,754.1 2,253.8
Ethias  1,235.8 1,587.8
Aras  845.5 1,086.3
Delta Lloyd Life  841.8 1,081.6
Allianz Belgium  823.1 1,057.6
ING Life  707.5 909.0
Vivium  610.2 784.0

Source: Axco Insurance Information Services.

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