Hungary

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

Insurance Association

Association of Hungarian Insurance Companies
MABISZ
Web: www.mabisz.hu

 

POPULATION, 2011-2014 (1)

Year Population
2011 9,976,062
2012 9,958,453
2013 9,939,470
2014 9,919,128

(1) Estimated.

Source: U.S. Central Intelligence Agency.

 

 

GROSS DOMESTIC PRODUCT, 2009-2013 (1)

Year GDP
2009 $205.7
2010 186.3
2011 190.0
2012 195.9
2013 196.6

(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) $1,536
Life premiums 1,953
Total premiums $3,488
Percent of total world premiums 0.07%

(1) Includes accident and health insurance.

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

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LEADING NONLIFE INSURANCE COMPANIES, 2014

  Gross written premiums
Company HUF Mn USD Mn
Allianz 81,478.0 350.3
Generali 73,326.9 315.3
Aegon 47,440.3 204.0
Groupama Garancia 45,824.0 197.0
UNIQA 31,935.8 137.3
Union 22,703.2 97.6
K&H 18,081.5 77.7
AIG 9,178.2 39.5
Wáberer Hungária 9,149.7 39.3
MP Hungarian Post 8,447.1 36.3

Source: Axco Insurance Information Services.

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LEADING LIFE INSURANCE COMPANIES, 2014

  Gross written premiums
Company HUF Mn USD Mn
ING 74,720.6 321.2
MPÉ Hungarian Post Life 63,322.3 272.2
Groupama Garancia 48,767.6 209.7
Allianz 41,758.9 179.5
Generali 41,503.7 178.4
Aegon 38,954.8 167.5
UNIQA 24,366.7 104.8
MetLife 18,904.2 81.3
Signal 16,796.2 72.2
Erste 15,984.3 68.7

Source: Axco Insurance Information Services.

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