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 Öesterreichs
Web: www.vvo.at

 

Population, 2011-2015 (1)

Year Population
2011 8,217,280
2012 8,219,743
2013 8,221,646
2014 8,223,062
2015 8,665,550

(1) Estimated.

Source: U.S. Central Intelligence Agency.

 

 

Gross Domestic Product, 2011-2015 (1)

(U.S. $ billions)

Year GDP
2011 $332.6
2012 351.4
2013 361.0
2014 386.9
2015 404.3

(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.

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Life And Nonlife Insurance Premiums, 2015

(U.S. $ millions)

  Direct premiums written
Nonlife premiums (1) $11,893
Life premiums 7,509
Total premiums $19,402
Percent of total world premiums 0.43%

(1) Includes accident and health insurance.

Source: Swiss Re, sigma, No. 3/2016.

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Leading Nonlife Insurance Companies, 2015

 

  Gross written premiums
Company EUR Mn USD Mn
UNIQA Osterreich Versicherungen AG 2,158.4 2,394.7
Generali Versicherung AG  1,622.0 1,799.6
Wiener Staedtische Versicherung AG  1,588.7 1,762.7
Allianz Elementar Versicherungs AG 978.3 1,085.4
Donau Versicherung AG Vienna Insurance Group  573.7 636.5
Zurich Versicherungs AG 472.7 524.5
Merkur Versicherung AG  361.4 401.0
Grazer Wechselseitige Versicherung AG  360.0 399.4
Oberosterreichis che Versicherung AG  285.9 317.2
Helvetia Versicherungen AG 265.1 294.2

Source: Axco Insurance Information Services.

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Leading Life Insurance Companies, 2015

 

  Gross written premiums
Company EUR Mn USD Mn
Sparkassen Versicherung AG  827.6 918.2
Wiener Stadtische Versicherung AG  793.8 880.7
Raiffeisen Versicherung  761.3 844.7
Generali Versicherung AG  677.4 751.6
ERGO Versicherung AG  591.4 656.2
Allianz Elementar Lebensversicherungs AG  408.1 452.7
UNIQA Osterreich Versicherungen AG  347.8 385.9
FINANCE LIFE Lebensversicherung AG  304.5 337.9
Wustenrot Versicherungs AG  297.8 330.4
BAWAG PSK Versicherung AG  280.8 311.6

Source: Axco Insurance Information Services.

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