Germany property and casualty insurance premium income
Germany property and casualty insurance premium income stood at 99.7 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 | |
|---|---|---|---|---|
| Insurance industry total | 253.6 | 237.9 | 226.2 | |
| Property and casualty insurance | 99.7 | 92.5 | 85.5 | |
| Life insurance total | 99.4 | 94.6 | 92 |
Understanding germany property and casualty insurance premium income
Centred on indemnity protection against property damage, legal liability, and accidental loss, this metric sums gross direct premiums written across non-life insurance branches. It encompasses motor vehicle liability and hull coverage, residential building, household contents, commercial property, legal expenses, marine, and general liability contracts. Unlike the life and private health series, these policies provide risk protection without actuarial savings or capital accumulation components. Inward reinsurance premiums are omitted, and outward reinsurance payments are not deducted from this gross figure.
Underwriting cycles and general economic cost changes influence these figures, where multi-year policy terms can delay the transmission of inflation into reported premiums. Year-on-year evaluation represents the appropriate analytical approach because annual aggregates neutralize seasonal policy renewal spikes occurring at calendar year turnover. Analysts should not mistake top-line premium increases in this sector for rising insurance density, as tariff adjustments driven by repair and replacement cost inflation often explain top-line expansion. Direct comparisons with property claims payouts must account for reinsurance cessions and reserve adjustments that affect net underwriting performance.
Frequently asked questions
- Which insurance categories form the property and casualty aggregate?
- The aggregate includes motor, building, contents, commercial property, legal protection, accident, and general liability insurance.
- Are outward reinsurance premiums subtracted from this series?
- No, this measure reflects gross direct premium income before subtracting any reinsurance premiums ceded to other carriers.
- How do multi-year insurance policies affect annual premium movements?
- Multi-year contracts lock in premium rates, which can delay the reflection of general economic price inflation in reported annual turnover.