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, 2011-2015 (1)

Year Population
2011 9,976,062
2012 9,958,453
2013 9,939,470
2014 9,919,128
2015 9,897,541

(1) Estimated.

Source: U.S. Central Intelligence Agency.

 

 

Gross Domestic Product, 2011-2015 (1)

(U.S. $ billions)

Year GDP
2011 $190.0
2012 195.9
2013 196.6
2014 239.9
2015 258.4

(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) $1,379
Life premiums 1,602
Total premiums $2,981
Percent of total world premiums 0.07%

(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 HUF Mn USD Mn
Allianz  84,023.8 300.8
Generali  77,632.8 277.9
Aegon  51,404.5 184.0
Groupama  48,571.9 173.9
UNIQA  31,260.8 111.9
Union  23,961.1 85.8
K&H  22,394.4 80.2
Waberer Hungaria  14,054.6 50.3
KOBE  10,536.6 37.7
AIG  9,658.9 34.6

Source: Axco Insurance Information Services.

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Leading Life Insurance Companies, 2015

 

  Gross written premiums
Company HUF Mn USD Mn
NN (ING)  79,616.4 285.0
Hungarian Post Life (MPE)  49,779.1 178.2
Groupama Garancia  43,278.6 154.9
Generali  42,587.5 152.5
AEGON  39,530.3 141.5
Allianz  35,532.2 127.2
UNIQA  27,269.2 97.6
MetLife  19,203.7 68.8
K&H  17,543.1 62.8
Erste  16,701.5 59.8

Source: Axco Insurance Information Services.

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