Germany property and casualty insurance claims incurred
Germany property and casualty insurance claims incurred stood at 69.4 billion euros in 2025. It is one of the indicators in the German insurance market table (Value · Annual), with a complete series running from 2023 to 2025. The complete series with an interactive chart, free to download.
This indicator in the German insurance market table
| Indicator | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
| Property and casualty insurance total7 | 69.4 | 68.9 | 66 | |
| Motor insurance total | 32 | 30.8 | 30 | |
| Property insurance total | 20.9 | 22 | 20.7 |
Understanding germany property and casualty insurance claims incurred
Total underwriting claim expenditure across the non-life market consolidates gross claims paid alongside net allocations to loss reserves across all property and casualty lines. Coverage encompasses settled compensation, adjustments to outstanding loss provisions, and reserves for claims incurred but not yet reported across motor, property, liability, accident, legal, and specialty branches. Life assurance benefits, private health reimbursements, and external claims adjustment administrative overhead are omitted. Serving as the overarching aggregate in the claims section, this series encapsulates all subordinate property and casualty loss rows.
Loss expenditure figures merge immediate cash settlements with actuarial loss provisions, meaning catastrophe years leave lasting reserve footprints. Annual figures consolidate short-term weather anomalies and quarterly claims reporting lags into a single balance. Year-on-year comparisons illustrate the total technical loss burden bearing on non-life underwriters, though comparing absolute figures across multi-year stretches requires adjustments for claims inflation. Analysts must not equate incurred losses with cash payments made, since significant shares represent technical provisions set aside for future settlements.
Frequently asked questions
- What is the difference between claims paid and claims incurred in this series?
- Incurred claims combine actual cash disbursements with net additions to actuarial reserves for unpaid and unreported claims.
- Does this total include health and life insurance payouts?
- No, life settlements and private health reimbursements are segregated into distinct market tables and excluded here.
- How do prior-year claim settlements affect the current incurred total?
- Run-off profits or losses from revaluing older open claims directly increase or decrease the current year incurred loss figure.