欧洲汽车保险行业市场前景及投资研究报告-培训课件外文版2024.6友邦人保

INDUSTRIES

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MARKETSMotorinsuranceinEuropeCHAPTER

01OverviewMarketshareofthetotalinsurancemarketworldwidein2022,bycountryMarketshareofthetotalinsurancemarketworldwide2022,bycountry70%60%50%40%30%20%10%0%4Description:TheUnitedStatesisbyfarthelargestinsurancemarketglobally.Alone,theUnitedStatesmadeupover57percentoftheentireinsurancemarketin2022.Thesixlargestmarketscombinedheldamarketshareof85percent.

ReadmoreNote(s):Worldwide;2022Source(s):OECDLeadingEuropeaninsurersfrom2017to2022,bygrosswrittenpremiums(inbillioneuros)InsurancefirmsinEurope2017-2022,bygrosswrittenpremiums201792.0577.3564.3833.0641.3932.0830.4322.1923.4831.5216.4717.55201896.3177.8266.6934.8939.8732.3233.5324201999.8582.9269.7939.4942.9333.4436.9723.8823.0435.6317.4917.65202093.9282.9970.7202196.8386.0675.8345.5144.9931.6536.4527.0922.1622.5719.1818.2119.18202299.4294.1981.5453.4353.4336Axa(France)Alianz(Germany)Generali(Italy)Talanx(Germany)Zurich(Switzerland)CNP(France)41.1142.326.9229.4420.7520.4820.9216.5717.5718.95CreditAgricoleAssurance(France)BNPParibasCardif(France)Mapfre(Spain)35.3325.2724.5422.222.5432.4Aviva(UnitedKingdom)Covea(France)17.0117.7822.0219.0618.67ERGO(Germany)R+V(Germany)5Description:In2022,thebiggestEuropeaninsurancegroupbypremiumswrittenwastheFrenchcompanyAxa,withalmost100billioneuros.Thetermpremiumswrittenreferstotheamountpaidbycustomerfortheinsurancecoverageonthepoliciesissuedandisthereforeanindicatorforthecompany'searnings.Outof15companies,10sawanincreaseinpremiumswrittenbetween2021and2022.IntermsofleadinginsurancemarketsinEurope,theUnitedKingdomrankedfirstwiththehighest[...]

ReadmoreNote(s):Europe;2017to2022Source(s):Mapfre;VarioussourcesLeadingEuropeaninsurersfrom2018to2022,bytotalassets(inbillioneuros)InsurancefirmsinEurope2018-2022,bytotalassetsCompanyHQGermanyFranceItaly2018897.6930.7515.8415.5382.5344.8478.8238.6162.9153.8131.220191011.2780.9514.6440.4425.4360.954420201060804.6544.7442.543720211139.4775.5586.248320221021.5696.7519.1452.2409.4381.6356.1351.6193.1149.1148.5141.5131.2AllianzAXAGeneraliCNPFranceFranceSwitzerlandUKCreditAgricoleAssurance443.9383.2426.3283.5197.5163.8166.4141.9117.3Zurich359.6536.7268.9181AvivaBNPParibasCardifTalanxFranceGermanyGermanyItaly262.6177.6159.4146.3ERGO*164.1160.2PosteVitaAemaFranceFranceCovea108.8112.4113.56Description:In2022,theinsurancegroupthatrankedfirstinEuropebytotalassetswastheGermancompanyAllianzwithoveronetrillioneurosintotalassets.Totalassetsincludeinvestments,policyholder/insuredpartyrisk,cashandother.AllianzalsoreportedthehighestvalueofliabilitiesamongEuropeaninsurers.ReadmoreNote(s):Europe;2018to2022;*Thesourceaddsthefollowinginformation:"Figurecalculatedasthesumofitsthreesegments:lifeandhealthGermany,propertyandcasualtyGermany,andinternational"Compiledbythesourceusingdatataken[...]

ReadmoreSource(s):Mapfre;VarioussourcesMarketshareofautomotivetelematicsinsuranceindustryworldwidein2017and2022,byregionMarketshareofautomotivetelematicsinsuranceindustryworldwide2022,byregion2017202260%50%40%30%20%10%0%56.93%45.01%44.37%36.41%10.61%6.66%AmericasEMEAAPAC7Description:Thisstatisticshowsthemarketshareofautomotivetelematicsinsuranceindustryworldwidein2017and2022,byregion.In2017,theAmericasaccountedfor56.93percentoftheglobalautomotivetelematicsinsurancesales,butaccordingtotheforecastthisfigurewasprojectedtodecreaseto44.37percentofsalesby2022.ReadmoreNote(s):Worldwide;2017Source(s):BISResearchShareofdriverswithselectedopinionsondatasharingwithmotorinsurersinGermany,Italy,France,Spain,andtheUnitedKingdomin2023DatasharingwithmotorinsurersinGermany,Italy,France,Spain,andtheUK2023ShareofrespondentsSpainUKFrance0%Italy10%Germany20%30%40%50%60%70%80%90%IwantasimplesolutiontodeletemyowndataIwantthevehicletonotifymeimmediatelywhenmymobilephonedataisstoredI'mafraidofacardatacyberattack,malfunction,ordatatheftIncaseofanaccident,theinsurancecompanyshouldbeabletoaccessthenecessarydataoftheinsuredvehicletosettleclaimsquicklyI'mwillingtosharedatawiththeinsurancetoreceivecomprehensiveservicessupportEveryoneshouldhavetherighttoobtainthenecessarydatafromotherstoclarifywhowasresponsibleforanaccident8Description:TheabilitytoeasilydeletetheirdatawasessentialtoEuropeanmotorinsurancecustomersin2023.Ina2023survey,82percentofUKrespondentsand78percentofGermanrespondentswantedasimplesolutiontodeletetheirowndata.Meanwhile,only20percentofUKmotorinsurancecustomerswereevenꢀcomfortablesharingreal-timedataabouttheirdrivingwiththeirinsurerin2022.ReadmoreNote(s):France,Germany,Italy,Spain,UnitedKingdom;5200respondentsSource(s):AllianzCHAPTER

02LeadingcompaniesLeadingmotorinsurancecompaniesintheUnitedKingdom(UK)from2021to2023,bymarketshareLargestcarinsurancecompaniesintheUnitedKingdom2021-2023,bymarketshare202120222023AdmiralGroup(Admiral,Bell,Diamond,elephant.co.uk,Gladiator)15.7%14%11.28%Aviva(Aviva,Quotemehappy,OneCall)10.8%11.6%7.5%8.7%3.2%12.6%4.3%5.3%4.8%10.5%10.8%7%10.56%10.22%6.85%6.61%6.52%6.26%4.17%3.87%3.74%DirectLineGroup(DirectLine,ChurchillandDarwin)HastingsLV=5.8%4.1%6.1%3.9%4.2%4.1%RSAAXANFUMutualesure(Sheila'sWheels,esure)Ageas10Description:In2023,theleadingtenmotorinsurersintheUnitedKingdom(UK)accountedforabout75percentofthetotalUKmarket.AdmiralGroup,whichincludesAdmiral,Bell,Diamond,elephant.co.uk,Veygo,andGladiator,hadthehighestmarketshareat11.3percent.ThiswasfollowedbyAvivaat10.6percentmarketshare.AfterGermanyandFrance,theUKisthethird-biggestmotorinsurancemarketinEurope.ReadmoreNote(s):UnitedKingdom;2021to2023Source(s):NimbleFinsLeadingmotorinsurancecompaniesinGermanyin2022,bypremiumvolume(inmillioneuros)LargestmotorinsurancecompaniesinGermany,bypremiumvolume2022Premiumsinmillioneuros1,500

2,00005001,0002,5003,0003,5004,000AllianzHUK-COBURGAllgemeineVHVLVMHUK-COBURGVVaGAXAR+VAllgemeineGeneraliDeutschlandHUK-24DEVKAllgemeineWürttembergischeProvinzialVersicherungErgo11Description:In2022,AllianzwasthebiggestmotorinsurancecompanyinGermany,thoughHUK-COBURGwasthelargestmotorinsurancegroup.ThesourceseparatedtheHUK-COBURGentitiesinthelist-HUK-COBURGAllgemeine,HUK-COBURGVVaG,andHUK-24-thataltogetheramountedto4.2billioneuros.Allianzwrotemotorinsurancepremiumsworth3.6billioneurosinthatyear.ReadmoreNote(s):Germany;2022Source(s):Pfefferminzia;V.E.R.S.LeipzigLeadingmotorinsurancecompaniesinFrancefrom2020to2022,bynetrevenue(inbillioneuros)LargestmotorinsurancecompaniesinFrance2020-2022,byrevenueRevenueinbillioneuros202220211.520200.00.51.02.02.53.03.54.04.5CoveaAxaMacifGroupamaAllianzGroupeMaifCreditAgricoleAssurancesGroupedesAssurancesduCreditmutuellGroupeMatmutGenerali12/statistics/1406222/leading-motor-insurance-companies-in-france-by-revenueIn2022,CoveawasthelargestmotorinsurancecompanybypremiumrevenueinFrance.TheFrenchinsurerhadmotorinsurancepremiumsworthfourbillioneuros.AxaandMaciffollowedbehindwith3.25billionand2.24billioneuros,respectively.ReadmoreNote(s):France;2020to2022Source(s):L'Argusdel'AssuranceLeading15motorinsurancecompaniesinItalyin2022,bygrosswrittenpremiums(inmillioneuros)LargestmotorinsurancecompaniesinItaly2022,bygrosswrittenpremiumsPremiumsinmillioneurosMotorhullinsurance

Motorliabilityinsurance1,000

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2,50005003,0003,5004,0004,500GruppoAssicurativoUnipolGeneraliGruppoAssicurativoAllianzAXAItaliaRealeGroupGruppoVittoriaAssicurazioniGroupamaZurichInsuranceHDIAssicurazioniGruppoAssicurativoSaraGrupoItasAssicurazioniGreatLakesInsurance13Description:In2022,GruppoAssicurativoUnipolwasthelargestmotorinsurancecompanybygrosswrittenpremiumsinItaly.TheBologna-basedinsurerhadmotorliabilityinsurancepremiumsworth2.95billioneurosandmotorhullinsurancepremiumsworth874.7millioneurosinthatyear.GeneraliandGruppoAssicurativoAllianzfollowedbehindwiththreebillionand2.67billioneuros,respectively.ReadmoreNote(s):Italy;2022Source(s):ANIALeadingcompaniesforprivatecarinsuranceinSwedenfrom2019to2023,bypremiumincome(inbillionSEK)LargestcompaniesformotorinsuranceinSweden2019-2023,bypremiumvolumeQ4

2019Q4

20201.881.540.960.890.190.1Q4

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20221.821.660.990.880.220.2Q4

20231.881.771.050.860.330.230.160.090.040.01IfSkadeförsäkringLänsförsäkringarTrygg-HansaFolksam1.41.840.970.850.180.11.7610.9DinafederationenProtector0.210.110.170.070.040.02Gjensidige0.140.050.02-0.140.060.03-0.150.090.030.01ICAFörsäkringSolidEir14Description:ThelargestprivatemotorinsurancecompaniesbypremiumvolumeinSwedenwereIfSkadeförsäkringꢀandLänsförsäkringarin2023.ThemarketleaderIfSkadeförsäkringearned1.88billionSwedishkronorfromautoinsurancepremiumsandLänsförsäkringarearned1.77billionSwedishkronor.ReadmoreNote(s):Sweden;Q42019,Q42020,Q42021,Q42022,andQ42024Source(s):SvenskFörsäkringLeadingmotorvehicleinsurancecompaniesinDenmarkfrom2019to2021,bygrosspremiumincome(inmillionDKK)LargestmotorinsurancecompaniesinDenmark2019-2021,byrevenueRevenueinmillionDKK20211,50020202,000201905001,0002,5003,0003,5004,0004,5003,130.61TrygTopdanmark3,844.33,510.991,754.082,255.942,159.491,114.381,115.66Alm.Brand1,517.111,486.8835.19If1,117.2814.83LBForsikring1,002.01972.13807.39GF-Forsikring1,001.74905.89764.9Codan1,043.931,126.25707.8GjensidigeForsikringKøbstædernesForsikringSønderjyskForsikringProtectorForsikring938.46914.62323.78407.33405.07178.15157.05203.5415Description:TheleadingmotorvehicleinsurancecompaniesinDenmarkin2021wasTryg,withoverthreebillionDanishkronerinrevenue.ThesecondhighestgrosspremiumincomeformotorvehicleinsuranceinthatperiodwasTopdanmark,whichamountedtoaround1.8billionDanishkroner.ReadmoreNote(s):Denmark;2019to2021Source(s):Forsikring&PensionLeadingcomprehensivemotorvehicleinsurancecompaniesinBelgiumfrom2016to2022,bymarketshareLargestcomprehensivemotorvehicleinsurancecompaniesinBelgium2016-2022201620.05%14.38%9.95%12.82%8.8%201720.4%14.58%10%201819.78%15.09%10.24%12.26%9.21%7.94%5.43%3.71%1.71%1.65%1.91%1.33%%201919.51%15.41%10.4%11.86%9.44%7.75%5.3%202019.03%15.71%14.16%11.47%9.57%8.15%5.55%3.07%2.05%1.58%1.81%1.22%0.9%202119.94%16.33%13.55%11.09%9.62%8.96%5.74%2.49%2.15%1.88%1.73%1.21%0.87%202219.57%16.61%13.11%10.81%10.05%9.56%5.82%2.31%2.3%AXABelgiumAGInsuranceBaloiseBelgiumEthias12.72%9.1%KBCVerzekeringenP&VVerzekeringenBelfiusInsuranceAllianzBeneluxTVMBelgium9.3%8.29%5.14%3.79%1.49%1.64%1.98%1.22%%4.84%3.8%3.62%1.93%1.58%1.85%1.36%0.88%1.18%1.61%%FederaleVerzekeringen(BOAR)Yuzzu1.87%1.66%1.07%0.86%Corona1.15%%ArgentaAssurantiesN.V.16Description:AXABelgiumheldthelargestmarketshareoftheBelgiancomprehensivemotorvehicleinsurancecompaniesin2022,withashareofapproximately20percent(voertuigcascoinFlemishDutchorcorpsdevéhiculesinFrench).Whenitcomestotheleadingpropertyandcasualty(non-life)insurancecompanies,AXAwasalsothemarketleader.ReadmoreNote(s):Belgium;2016to2022Source(s):AssuraliaLeadingOsago(compulsorymotorthird-partyliabilityinsurance)companiesinRussiain2022,bypremiumswritten(inbillionRussianrubles)LargestOsagoinsurancecompaniesinRussia2022,bypremiumswrittenPremiumswritteninbillionRussianrubles0102030405060Reso-GarantiaIngosstrakh51.7348.2AlfaInsuranceVSK47.0528.95RosgosstrakhSogaz19.8917.34YugoriyaGSKRenaissanceInsuranceSoglasie14.5514.389.47MaxInsurance8.1317Description:InthesegmentofOsagoinsurance,Reso-GarantiahadthehighestvalueofpremiumswrittennRussia,atover51.7billionRussianrublesin2022.Ingosstrakhrankedsecond,havingreceivedapproximately47billionRussianrubles.Osagoreferstocompulsorythird-partyliabilityinsuranceinRussia.ReadmoreNote(s):Russia;2022Source(s):RAExpertLeadingmotorinsurancecompaniesinNorwayfrom2019to2023,bymarketshareLargestmotorinsurancecompaniesinNorway2019-2023,bymarketshareMarketshare2021202320222020201915%0%5%10%20%25%30%GjensidigeIfSkadeforsikringFremtindTrygStorebrand(incl.Danica)EikaForsikringFrendeForsikringKLPSkadeforsikringJembanepersonaletsforsikringProtectorForsikringWaterCircles18Description:TheNorwegianinsurancecompanyGjensidigehadthelargestshareofthemotorvehicleinsurancemarketinNorwayin2023.Theirmarketsharereached25.4percentandwasfollowedbyIf,withamarketshareofalmost20percent.OtherleadinginsurancecompanieswithinthisinsuranceindustrywereFremtindandTryg.ReadmoreNote(s):Norway;2019to2023Source(s):FinansNorgeCHAPTER

03PremiumsHouseholdexpenditureonvehicleinsuranceintheUnitedKingdomfrom1997to2022(inbillionGBP)HouseholdspendingonmotorinsuranceintheUK1997-20224.54.03.53.02.52.01.51.00.50.01997

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202220Description:HouseholdspendingonmotorinsuranceintheUnitedKingdomreacheditspeakin2020andhassincefallenyear-on-year.In2022,thetotalhouseholdexpenditureoninsuranceconnectedwithtransportamountedtoroughly2.66billionBritishpounds,downfromfourbillionBritishpoundstwoyearsearlier.ReadmoreNote(s):UnitedKingdom;1997to2022Source(s):OfficeforNationalStatistics(UK)ValueofmotorinsurancegrosspremiumswritteninGermanyfrom1976to2022(inbillioneuros)MotorinsurancepremiumsinGermany1976-2022353025201510501976

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202221Description:MotorinsurancepremiumswritteninGermanyincreasedbyalmost10billioneurosbetween2010and2022.In2022,motorinsurancepremiumsreachedalmost30billioneuros,upfrom20.1billioneuros12yearsearlier.

ReadmoreNote(s):Germany;1976,1980,1985,1990,1995,2000to2022Source(s):GDVValueofmotorpremiumswritteninFrancefrom2010to2022(inbillioneuros)MotorinsurancepremiumswritteninFrance2010-202225.524.523.522.521.524.924.123.522.822.121.420.820.420.520.119.719.519.518.517.518.918.3201020112012201320142015201620172018201920202021202222Description:ThevalueofmotorinsurancepremiumsinFrancegrewbyapproximatelythreepercentbetween2021and2022.In2022,motorinsurancepremiumswrittenreached24.9billioneuros,upfrom24.1billioneurosinthepreviousyear.

ReadmoreNote(s):France;2010to2022Source(s):Fédérationfrançaisedel'assuranceValueofgrossmotorinsurancepremiumswritteninItalyfrom2013to2022,bytype(inmillioneuros)MotorinsurancepremiumsinItaly2013-2022,bytypeMotorandmarineliabilityLandvehicle20,00018,00016,00014,00012,00010,0008,0006,0004,0002,0000201320142015201620172018201920202021202223Description:ThevalueofmotorinsurancepremiumswritteninItalyarefallingoverall,thoughlandvehiclepremiumsreacheda10-year-highin2022.Inthatyear,motorandmarineliabilityinsurancepremiumsamountedto11.7billioneurosandlandvehicleinsurancepremiumsclimbedto3.5billioneuros.ꢀThemotorinsurancesegmentinItalyisdividedintotwocategories:motorliability(inItalianresponsabilita'civileauto),andlandvehicle(inItaliancorpiveicoliterrestri).Motorliabilityinsurance[...]ReadmoreNote(s):Italy;2013to2022Source(s):Istitutoperlavigilanzasulleassicurazioni-IVASSValueofmotorinsurancepremiumswritteninSwedenfrom2013to2023(inbillionSwedishkronor)MotorinsurancepremiumsinSweden2013-202312108642024Description:MotorinsurancepremiumsinSwedenpeakedinthesecondquarterof2023beforefallingbymorethantwobillionSwedishkronorbytheendof2023.Thevalueofmotorinsurancepremiumswrittenamountedto8.16billionSwedishkronorinthefourthquarterof2023.ReadmoreNote(s):Sweden;Q12013toQ42023Source(s):SvenskFörsäkringValueofgrossmotorinsurancepremiumswrittenintheNetherlandsfrom2009to2022(inbillioneuros)MotorinsurancepremiumsintheNetherlands2009-2022766.265.85.65.355432104.74.64.64.64.64.54.43.92009201020112012201320142015201620172018201920202021202225Description:MotorinsurancepremiumsintheNetherlandsexceededsixbillioneurosforthefirsttimein2022.Themarketgrewsteadilybetween2015and2022.In2022,thevalueofmotorinsurancepremiumswritteninthecountryreached6.2billioneuros,upfrom3.9billioneurossevenyearsearlier.ReadmoreNote(s):Netherlands;2009to2022Source(s):DutchAssociationofInsurersValueofmotorinsurancepremiumsinSpainfrom2005to2022(inbillioneuros)MotorinsurancepremiumsinSpain2005-202213.012.5912.3612.512.011.511.010.510.09.512.2611.711.6611.5411.3511.3111.2711.1411.0910.9910.9210.61201210.57201610.05201510.0220139.882005200620072008200920102011201420172018201920202021202226Description:ThevolumeofcarinsurancespremiumswritteninSpainfluctuatedsignificantlybetweentheyears2005and2022.In2022,vehicleinsurancepremiumsreachedalmost11.35billioneuros-anincreaseofaround360millioneurosfromthepreviousyear.Thehighestvolumeofvehiclepremiumswrittenduringthetimeperiodunderobservationwasrecordedin2007,withfiguresreachingavaluecloseto12.6billioneuros.

ReadmoreNote(s):Spain;2005to2022;premiumsfrominsurancecompaniesandtheCCS(publicriskinsuranceinstitutioninSpain)Source(s):CCS;InvestigaciónCooperativaentreEntidadesAseguradorasyFondosdePensionesValueofgrosscomprehensivemotorinsurancepremiumswritteninBelgiumfrom2011to2022(inmillioneuros)ComprehensivemotorvehicleinsurancepremiumsinBelgium2011-2022Grosswrittenpremiumsinmillioneuros02004006008001,0001,2001,4001,6001,8002011201220132014201520162017201820192020202120221,330.31,344.31,348.21,354.91,369.71,389.91,430.71,470.11,531.91,574.41,629.41,682.127Description:In2022,thetotalrevenueingrosswrittenpremiumsofcomprehensivemotorvehicleinsurancecompaniesinBelgiumreachedavalueofapproximately1.68billioneuros.Thisisanincreasecomparedtothe1.63billioneurosreachedinthepreviousyear,andthehighestvaluerecordedintheperiodunderobservationofthisstatistic.ReadmoreNote(s):Belgium,Europe;2011to2022Source(s):AssuraliaValueofmotorinsurancepremiumsinNorwayfrom2000to2022(inbillionNOK)MotorinsurancepremiumsinNorway2000-202230252024.1323.9422.9121.4321.5721.12120.7120.59

20.820.4319.8418.9818.2517.5917.2316.97

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202228Description:TheamountpaidforinsurancepremiumsforprivatecarsinNorwayalmostdoubledbetween2000and2022,whenitpeakedataround24billionNorwegiankroner.Atthebeginningofthe21stcentury,privatecarinsurancepremiumsonlyamountedto13.5billionNorwegiankroner.ReadmoreNote(s):Norway;2000to2022Source(s):FinansNorgeGrosswrittenpremiumsofmotorinsuranceinPolandfrom2009to2022(inbillionzloty)GrosswrittenpremiumsofmotorinsuranceinPoland2009-20223025202624.623.523.623.422.518.214.414.21510513.913.613.312.71202009201020112012201320142015201620172018201920202021202229Description:Attheendof2022,thegrosspremiumswrittenonmotorinsuranceinPolandamountedto26billionzloty,representinga5.7percentincreasecomparedto2021.

ReadmoreNote(s):Poland;2009to2022Source(s):PolishFinancialOversightCommission;PolskaIzbaUbezpieczeńCHAPTER

04AveragecostAveragecostofcomprehensivemotorinsurancepremiumsintheUnitedKingdom(UK)fromthe4thquarter2017to3rdquarter2023(inGBP)AveragecostofmotorinsurancepremiumsintheUK2017-2023580560540520500480460440420400Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q32017

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202331Description:ThecostofcomprehensivemotorinsuranceintheUnitedKingdomreachedafive-yearhighinthethirdquarterof2023.Asofthethirdquarterof2023,theaveragecostofcomprehensivemotorinsurancewasapproximately561Britishpounds.Agealsoplaysaroleinthepriceofcarinsurancewith20-and75-yearoldspayingthemostin2022.ReadmoreNote(s):UnitedKingdom;Q42017toQ32023Source(s):AssociationofBritishInsurers;NimbleFinsAveragemonthlycostformotorinsuranceinGermanyfrom2009to2022(ineuros)MonthlycarinsurancepaymentsinGermany2009-202245404140404039393837343530252015105323230020092010201120122014201520162017201920202021202232Description:In2022,privatehouseholdsinGermanypaid39eurosamonthforcarinsurance.Thisfigureincreasedbynineeurosbetween2010and2022.TheꢀaveragemonthlyinsurancepaymentofGermanhouseholdsalsoroseduringthisperiod.

ReadmoreNote(s):Germany;2009to2022;The2022figurewascalculatedby

usingtheannualvaluefor2022providedbytheStatistischesBundesamt.Source(s):

StatistischesBundesamtAverageannualcostformotorinsuranceinFrancefrom2015to2022,bytype(ineuros)AverageannualcostformotorinsuranceinFrance2015-2022,bytypeComprehensive486Civilliability(damagecausedbyowncar)Third-partyliability(damagecausedbythirdparties)60050040030020010005185115035044964914862472502372402432432362361531471491491511451451452015201620172018201920202021202233Description:ComprehensivemotorinsurancewasthemostexpensivetypeofcoverageinFrance.In2022,vehicleownersinFrancepaidmorethan500eurosforcomprehensivemotorinsurance.Meanwhile,theaveragepremiumforthird-partyliabilityinsurance,whichismandatoryforalldriversinFrance,only153euros.ReadmoreNote(s):France;2015to2022;CostbeforetaxesSource(s):Fédérationfrançaisedel'assuranceAveragecostforpassengercarinsuranceinItalyfrom2012to2022(ineuros)AveragecostforprivatecarinsuranceinItaly2012-202260055852748750040030020010004504234154144063863643582012201320142015201620172018201920202021202234Description:TheaveragecostforprivatecarinsuranceinItalydecreasedsteadilysince2012.Inthatyear,theaveragecostwas558eurosperyear.Inthefollowingyears,thisfiguredecreasedsteadily,reaching358eurosin2022.

ReadmoreNote(s):Italy;2012to2022Source(s):ANIAComparisonofmonthlymotorinsurancepremiumsfromselectedinsurersintheNetherlandsinMarch2024,bypolicytype(ineuros)MonthlymotorinsurancecostintheNetherlands2024,byinsurerandcoveragetypeThird-party

liability37.7Third-party

liability+39.59All-risk53.6ABNAmroAegon58.5967.381.4153.0566.0251.2966.7359.5481.5749.0951.6943.3455.7653.66AllianzDirectANWB29.9134.145.0644.07a.s.r.VerzekeringenCentraalBeheerFBTO36.9537.735.5545.4432.1737.66DeGoudse66.0868.23Ikkieszelfvana.s.r.KilometerverzekeringLancyr37.0940.7936.240.9125.5335.63NationaleNederlandenBankOHRA34.7339.5929.6736.5235Description:Comprehensive,orall-risk,autoinsurancefromANWBintheNetherlandscostapproximately66eurospermonthasofMarch2024.Meanwhile,theaveragecostforthiskindofcoverageamountedto53.88eurosacrossallinsurersanalyzed.ANWBisnotonlyaninsuranceprovider,butalsoprovidesroadsideassistance,similartoADACinGermanyorTripleA(AAA)intheUnitedStates.ReadmoreNote(s):Netherlands;March2024;Third-partyliability+referstothird-partliabilitycoverageinadditiontofireandtheftcoverage.All-riskisalsoknownascomprehensivecoverage.Source(s):IndependerAverageannualcostformotorinsuranceinSpainfrom2005to2022(ineuros)AverageannualcostformotorinsuranceinSpain2005-202250045545344445040035030025020015010050428.5405.2402.5390.1370357356354354351346345343345337020052006200720082009201020112012201320142015201620172018201920202021202236Description:TheaverageautomobileinsurancepremiumsissuedinSpaingenerallydecreasedfrom2005to2022.Asof2022,averageautomobileinsurancereachedapremiumvalueof345-aslightincreaseofaroundeighteurosfromthepreviousyear.

ReadmoreNote(s):Spain;2005to2022Source(s):CCS;InvestigaciónCooperativaentreEntidadesAseguradorasyFondosdePensionesCHAPTER

05ClaimsMotorinsuranceclaimspaidintheUnitedKingdom(UK)from2016to2022(inbillionGBP)Motorinsura