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, 2010-2014 (1)

(U.S. $ billions)

Year GDP
2010 $381.4
2011 396.9
2012 412.0
2013 421.7
2014 467.1

(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, 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, 2014

 

  Gross written premiums
Company EUR Mn USD Mn
AXA Belgium  1,934.5 2,566.6
AG Insurance  1,866.9 2,476.9
Ethias  1,141.3 1,514.2
KBC Assurances  952.9 1,264.2
Baloise  722.4 958.4
Belfius Assurances  516.8 685.7
Allianz Benelux  498.6 661.6
DKV  478.0 634.2
Vivium  402.5 534.1
P&V  272.7 361.8

Source: Axco Insurance Information Services.

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LEADING LIFE INSURANCE COMPANIES, 2014

 

  Gross written premiums
Company EUR Mn USD Mn
AG Insurance  3,980.0 5,280.4
AXA Belgium  1,815.8 2,409.1
CBC Assurances  1,598.6 2,120.9
Belins  1,216.8 1,614.3
Ethias  1,092.6 1,449.6
Allianz Benelux  1,003.1 1,330.9
Aras  853.7 1,132.6
Delta Lloyd Life  795.6 1,055.5
Vivium  673.6 893.7
ERGO  551.0 731.0

Source: Axco Insurance Information Services.

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