OECD Insurance Markets in Figures 2021

On 30 June, the OECD published two reports:

  1. Insurance Markets in Figures, highlighting the COVID-19 influence on some of the developments in the insurance sector in 2020:
  • Insurance companies experienced a slowdown in gross premiums written in 2020, especially in the life sector
  • Claims payments increased in the life sector but declined in the non-life sector
  • The assets of insurers remained mainly invested in bonds
  • Insurers achieved positive investment gains in the main despite COVID-19
  1. Global Insurance Market Trends, the tenth edition to provide an overview of global insurance market trends.

The secretariat  of Insurance Europe will continue to monitor the impact of COVID-19 from available statistics.