This statistic shows the non-life insurance penetration in Portugal from 2005 to 2016, measured as a non-life insurance premiums to GDP ratio. In 2016, the penetration reached a level of approximately 2.1 percent, including health premiums. This is a slight increase from the two percent reached in 2015. Since 2011, several assets of Portuguese insurers were privatized after the country requested an international bailout of 78 billion euros in 2011.
Total premiums to GDP ratio of the non-life insurance segment in Portugal from 2005 to 2016*
The source states that the numbers provided refer to the domestic market, i.e. "domestic companies (including subsidiaries) and branches of non EU/EEA countries companies." Figures rounded.
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Insurance Europe. (February 28, 2018). Total premiums to GDP ratio of the non-life insurance segment in Portugal from 2005 to 2016* [Graph]. In Statista. Retrieved October 30, 2024, from https://www.statista.com/statistics/749609/non-life-insurance-premiums-to-gdp-ratio-in-portugal/
Insurance Europe. "Total premiums to GDP ratio of the non-life insurance segment in Portugal from 2005 to 2016*." Chart. February 28, 2018. Statista. Accessed October 30, 2024. https://www.statista.com/statistics/749609/non-life-insurance-premiums-to-gdp-ratio-in-portugal/
Insurance Europe. (2018). Total premiums to GDP ratio of the non-life insurance segment in Portugal from 2005 to 2016*. Statista. Statista Inc.. Accessed: October 30, 2024. https://www.statista.com/statistics/749609/non-life-insurance-premiums-to-gdp-ratio-in-portugal/
Insurance Europe. "Total Premiums to Gdp Ratio of The Non-life Insurance Segment in Portugal from 2005 to 2016*." Statista, Statista Inc., 28 Feb 2018, https://www.statista.com/statistics/749609/non-life-insurance-premiums-to-gdp-ratio-in-portugal/
Insurance Europe, Total premiums to GDP ratio of the non-life insurance segment in Portugal from 2005 to 2016* Statista, https://www.statista.com/statistics/749609/non-life-insurance-premiums-to-gdp-ratio-in-portugal/ (last visited October 30, 2024)
Total premiums to GDP ratio of the non-life insurance segment in Portugal from 2005 to 2016* [Graph], Insurance Europe, February 28, 2018. [Online]. Available: https://www.statista.com/statistics/749609/non-life-insurance-premiums-to-gdp-ratio-in-portugal/