Non-Life Insurance in Belgium, Key Trends and Opportunities to 2018

Date: 2015-09

The Belgian non-life insurance segment accounted for 24.4% of the countryโ€™s total insurance gross written premium in 2013. The non-life segmentโ€™s written premium grew at a CAGR of 3.2% during the review period (2009โ€“2013). The growth was primarily generated by the countryโ€™s favorable regulatory environment for non-life insurers, such as the compulsory nature of motor and fire insurance, which helped these categories record strong review-period growth. Its growth was further accelerated by the countryโ€™s strong transport connections with France, Germany and the Netherlands.


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