In 2016, the total gross written premiums for life insurance in Hungary is €1.411bn, an increase of €0.010bn or 0.71% compares to €1.401bn in 2015.
The total benefits paid for life insurance in Hungary in 2016 is €1.096bn, an increase of €0.006bn or 0.55% compares to €1.090bn in 2015.
On a per capita basis, an average of €144 was spent on life insurance in Hungary in 2016, €2 more compares to €142 in 2015.
Life insurance penetration in Hungary decreased on average from 1.28% in 2015 to 1.26% in 2016.
Non-Life Insurance in Hungary
In 2016, the total gross written premiums for non-life insurance in Hungary is €1.443bn, an increase of €0.149bn or 11.51% compares to €1.294bn in 2015.
On a per capita basis, an average of €147 was spent on non-life insurance in Hungary in 2016, €16 more compares to €131 in 2015.
Non-Life insurance penetration in Hungary increased on average from 1.24% in 2015 to 1.28% in 2016.
Motor Insurance in Hungary
In 2016, the total gross written premiums for motor insurance in Hungary is €656mn, an increase of €133mn or 25.43% compares to €523mn in 2015.
On a per capita basis, an average of €67 was spent on motor insurance in Hungary in 2016, €14 more compares to €53 in 2015.
Motor insurance penetration in Hungary increased on average from 0.48% in 2015 to 0.58% in 2016.
Health Insurance in Hungary
In 2016, the total gross written premiums for health insurance in Hungary is €6mn, a decrease of €22mn or 78.57% compares to €28mn in 2015.
The total benefits paid for health insurance in Hungary in 2016 is €3mn, a decrease of €6mn or 66.67% compares to €9mn in 2015.
On a per capita basis, an average of €1 was spent on health insurance in Hungary in 2016, €2 less compares to €3 in 2015.
Health insurance penetration in Hungary increased on average from from 0.03% in 2015 to 0.01% in 2016..
Property Insurance in Hungary
In 2016, the total gross written premiums for property insurance in Hungary is €545mn, an increase of €37mn or 7.28% compares to €508mn in 2015.
On a per capita basis, an average of €55 was spent on property insurance in Hungary in 2016, €3 more compares to €52 in 2015.
Property insurance penetration in Hungary increased on average from 0.46% in 2015 to 0.48% in 2016.