Luxembourg: leading car insurance companies on the domestic market, by premiums written 2016| ��ƽ��

Leading car insurance companies on the domestic market in Luxembourg as of 2016, by premiums written (in euros)*

Characteristic	Premiums written in euros
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Release date

June 2017

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Region

Luxembourg

Survey time period

2016

Supplementary notes

* The source mentions that the numbers provided are primes emises en euros (in English: premiums written in euros). However, the source does not mention whether or not it concerned gross (in French: brut) or net (in French: net).

For this statistic, the values reported by the source have been added together. The source originally supplied numbers for different branches within the car (in French: automobile) insurance sector. These were as follows:

- Corps de véhicules terrestres (in English: land vehicles;
- RC véhicules automoteurs (in English: liability car insurance);
- Accidents si liés (in English: casualty insurance);
- Marchandises transportées, si liés (in English: transported goods, casualty);
- Assistance, si liés (in English: assistance, casualty).

Citation formats

This statistic shows the leading car insurance companies on the domestic market in Luxembourg as of 2016, by premiums written (in euros). Unlike neighboring countries in Europe and much like Switzerland, Luxembourg has a strong international orientation when it comes to insurance. The Grand Duchy therefore has two insurance markets: one domestic and one international. On the domestic market, Foyer Assurances had the highest premiums written with a value of approximately *** million euros. In the most recent Global Financial Centers Index, Luxembourg was ranked as having the fourth most competitive financial center in Europe after London, Zürich Frankfurt. In recent years, the Grand Duchy made efforts to diversify its financial activities in certain niches such as Chinese and Islamic finance, together with FinTech. Luxembourg's three traditional strengths, however, involve its activities in investment funds, banking and insurance. The number of domestic companies increased in ** in 2014 and remained the same in 2015.