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Total number of life insurance companies in Belgium from 2008 to 2022

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Source

Release date

February 2023

Region

Belgium

Survey time period

2008 to 2022

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Number of life insurance companies in Belgium 2008-2022

Published by Jenny Yang, Feb 28, 2023
The number of life insurance companies in Belgium halved between 2012 and 2022. In 2022, there were ** life insurance companies in Belgium, down from ** in 2008. The life branch of insurances focuses on life insurances, pensions, and funeral insurance and reached a market share of life insurance business in terms of gross premium, the ratio of gross life insurance premium to the total gross premium, of approximately ** percent in Belgium in 2007. This, however, decreased to approximately ** percent in 2020.
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