Biggest Insurance Companies Belgium

It is a small densely populated country which covers an area of 30 528 square kilometres 11 787 sq mi and has a population of about 11 million people. It is also the largest insurance company in europe by market capitalization. This list displays all belgian companies in the fortune global 500 which ranks the world s largest companies by annual revenue the figures below are given in millions of us dollars and are for the fiscal year 2018.

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Insurance companies protect consumers after accidents natural disasters fire and other life events.

Biggest insurance companies belgium. Belgian insurance companies generally offer no claims bonuses and the cost of insurance will vary based on your circumstances and claim history. When you take out a policy your insurance company will issue you with a green card and an accident report form. Allianz group a german based company is the largest insurer in europe with assets of about 1 1 trillion. Also listed are the headquarters location net profit number of employees worldwide and industry sector of each company.

Axa and kbc reached market share of 12 percent and 9 3 percent. As of december 10 2019 it had a market value of approximately us 99 billion. Axa a france based company is the largest insurance company in europe and globally. We look at the top six insurance companies active in belgium and rank them by their non life insurance gwp according to am best s figures.

The top two companies by market cap are berkshire hathaway with 554 billion and ping an of. Belgium is a sovereign state in western europe bordered by france the netherlands germany luxembourg and the north sea. Biggest third party vehicle insurance companies in belgium 2016 2018 intention of generation y people to change insurer in france 2017 average claim size of private home content insurances in the. Ag insurance was the largest active company on the belgian insurance market reaching a market share of more than 20 percent in 2018.

They also grew their non life gwp by a combined 5 on 2017 figures. It is also one of the world s largest asset managers with total assets under management of over 1 4 trillion. This page is dedicated to belgium and contains all insurance and reinsurance related resources including but not limited to list of insurance companies reinsurance companies brokers surveyors loss adjusters risk managers third party administrators tpas local international insurance institutes insurance college and insurance reinsurance regulators. Here is a list of the largest insurance companies in europe according to their assets.

The 10 best museums in belgium you need to visit. The top six insurance companies contributed 9 5bn 10 8bn of this total giving them a combined market share of 63 in belgium. Following list shows the top 50 insurance companies in europe based on total assets.