Europe’s insurers paid out €2.7bn a day in 2015
Wednesday, 12 21 2016, Category: Insurance and Reinsurance, Country: Europe
Europe’s insurers paid out a total of €975 billion in claims and benefits over the course of 2015, the equivalent of €2.7 billion per day, according to Insurance Europe, the European insurance and reinsurance federation.
The figures, which were published in the federation’s annual “European Insurance in Figures”, show that — despite an unfavourable economic environment — the European insurance industry paid out 1.6 percent more than in 2014.
Source: Intelligent Insurer