The two life insurers received 80 million euros in insurance premiums in the third quarter, which was 7% more than in the previous quarter and around 13% more than in the third quarter of last year.
Key indicators |
Quarter 2, 2022 | Quarter 3, 2022 | |
|---|---|---|---|
| Value of insurance premiums | 75 million euros | ↑ | 80 million euros |
| Value of claims incurred | 41 million euros | 41 million euros | |
| Value of assets of insurance companies | 1,23 billion euros | ↑ | 1,24 billion euros |
| Value of insurance liabilities | 866 million euros | ↑ | 868 million euros |
| Solvency capital requirement coverage ratio | 168% | ↑ | 173% |
The two life insurers received 80 million euros in insurance premiums in the third quarter, which was 7% more than in the previous quarter and around 13% more than in the third quarter of last year.
Unit-linked life insurance products, equity-linked products and other life insurance continue to account for the largest part of life insurance premiums. The share of non-life insurance products was 14%.
Claims of 41 million euros were submitted in the third quarter of 2022, which was the same as in the previous quarter, but 23% less than in the third quarter of last year.
The combined assets of life insurance companies grew in the third quarter by 0.8% from 1.23 billion euros to 1.24 billion. There were no major changes in market share measured by balance sheet.
The coverage of the solvency capital requirement by the life insurance sector increased by around five percentage points in the third quarter to 173%.