OECD Insurance Statistics 2012
Hide / Show Abstract

OECD Insurance Statistics 2012

The insurance industry is a key component of the economy by virtue of the amount of premiums it collects, the scale of its investment and, more fundamentally, the essential social and economic role it plays in covering personal and business risks.

This annual publication provides major official insurance statistics for all OECD countries. The reader will find information on the diverse activities of this industry and on international insurance market trends.

For the first time an analytical chapter including data from OECD members and selected additional economies has been included. This additional chapter highlights the underlying reasons for the trends in gross premium growth and claims developments between 2010 and 2011, and presents key performance indicators.

The data, which are standardised as far as possible, are broken down under numerous sub-headings, and a series of indicators makes the characteristics of the national markets more readily comprehensible. This publication is an essential tool for civil servants, professionals and academics working in the insurance field.

The data in this publication are also available on the OECD iLibrary under the title OECD Insurance Statistics (http://dx.doi.org/10.1787/ins-data-en).

Click to Access: 
    http://oecd.metastore.ingenta.com/content/2112051e.pdf
  • PDF
  • http://www.keepeek.com/Digital-Asset-Management/oecd/finance-and-investment/oecd-insurance-statistics-2012_ins_stats-2012-en
  • READ
From chapter Iceland
Click to Access: 
    http://oecd.metastore.ingenta.com/content/2112051ec020.pdf
  • PDF
  • http://www.keepeek.com/Digital-Asset-Management/oecd/finance-and-investment/oecd-insurance-statistics-2012/iceland_ins_stats-2012-20-en
  • READ
 
Table
 

Table 1 – Selected aggregates: Iceland You or your institution have access to this content

OECD
Also available in French
 
Click to Access: 
    http://oecd.metastore.ingenta.com/content/ins_stats-2012-table57-en/index.html
  • WEB
  • http://oecd.metastore.ingenta.com/content/212012051e1t057.pdf
  • PDF
  • http://oecd.metastore.ingenta.com/content/212012051x1t057.xls
  • XLS
  • http://www.keepeek.com/Digital-Asset-Management/oecd/finance-and-investment/oecd-insurance-statistics-2012/selected-aggregates-iceland_ins_stats-2012-table57-en
  • READ
Hide / Show
 

OECD Insurance Statistics, Volume 2012 - © OECD 2012

Iceland
‌1Selected aggregates
Million ISK
‌‌
2004
2005
2006
2007
2008
2009
‌2010‌
‌2011‌
1.1 Insurance business written in the reporting country
 
 
 
 
 
 
 
 
1.1.1 Insurance business, by ownership
 
 
 
 
 
 
 
 
Gross premiums
 
 
 
 
 
 
 
 
Domestic undertakings
26 486
 
28 416
 
33 165
 
37 519
 
41 724
 
34 293
 
46 636
 
48 117
 
Foreign controlled undertakings
0
 
..
 
0
 
0
 
0
 
3 732
 
4 082
 
4 464
 
Foreign companies (branches)
930
 
..
 
0
 
0
 
0
 
0
 
0
 
0
 
All undertakings
27 416
 
2 774
 
32 601
 
37 435
 
41 721
 
34 293
 
46 636
 
48 117
 
Premiums ceded
 
 
 
 
 
 
 
 
Domestic undertakings
4 521
 
4 487
 
4 621
 
3 127
 
3 061
 
2 546
 
3 621
 
3 425
 
Foreign controlled undertakings
0
 
..
 
0
 
0
 
0
 
260
 
476
 
328
 
Foreign companies (branches)
0
 
..
 
..
 
0
 
0
 
0
 
0
 
0
 
All undertakings
4 007
 
..
 
..
 
2 696
 
3 061
 
2 546
 
3 621
 
3 425
 
Net written premiums
 
 
 
 
 
 
 
 
Domestic undertakings
21 965
 
23 654
 
28 322
 
34 392
 
38 663
 
31 747
 
43 015
 
44 692
 
Foreign controlled undertakings
0
 
..
 
0
 
0
 
0
 
3 472
 
3 606
 
4 136
 
Foreign companies (branches)
0
 
..
 
..
 
0
 
0
 
0
 
0
 
0
 
All undertakings
21 965
 
2 223
 
2 138
 
34 944
 
38 674
 
31 747
 
43 015
 
44 692
 
1.1.2 Insurance business on foreign risks, gross premiums
 
 
 
 
 
 
 
 
Life
..
 
0
 
..
 
..
 
0
 
6 786
 
3 510
 
0
 
Non-life
..
 
178
 
..
 
521
 
2 215
 
41 886
 
43 506
 
2 528
 
Composite total
x
 
x
 
x
 
x
 
x
 
x
 
x
 
x
 
Total
..
 
178
 
..
 
521
 
2 215
 
48 673
 
47 016
 
2 528
 
1.1.3 Life insurance payments, by class, gross premiums
 
 
 
 
 
 
 
 
Annuities
..
 
..
 
..
 
36
 
0
 
47
 
65
 
57
 
Unit linked
..
 
..
 
..
 
562
 
185
 
108
 
104
 
110
 
Other life insurance
..
 
..
 
..
 
2 398
 
2 867
 
3 118
 
3 216
 
3 227
 
Total life insurance
..
 
..
 
..
 
2 996
 
3 052
 
3 273
 
3 385
 
3 395
 
of which:Pension contracts
..
 
..
 
..
 
0
 
..
 
0
 
0
 
0
 
1.1.4 Non-life insurance payments, by class, gross premiums
 
 
 
 
 
 
 
 
Motor vehicle insurance
11 521
 
12 343
 
14 396
 
..
 
19 153
 
20 424
 
20 479
 
20 205
 
Marine, aviation and other transport insurance
1 393
 
1 307
 
1 284
 
..
 
2 691
 
2 204
 
2 483
 
2 629
 
Freight insurance
447
 
466
 
503
 
..
 
703
 
577
 
602
 
632
 
Fire and other property damage insurance
5 285
 
6 792
 
7 681
 
..
 
8 182
 
11 557
 
12 193
 
12 838
 
Pecuniary loss insurance
56
 
59
 
79
 
..
 
164
 
58
 
77
 
100
 
General liability insurance
1 655
 
1 873
 
2 530
 
..
 
2 316
 
2 452
 
2 372
 
2 782
 
Accident and health
3 177
 
2 686
 
3 150
 
..
 
4 141
 
4 707
 
5 012
 
5 318
 
of which:Health
717
 
439
 
556
 
..
 
1 912
 
717
 
..
 
..
 
Other non-life insurance
0
 
0
 
0
 
..
 
0
 
0
 
12
 
27
 
Treaty reinsurance
0
 
0
 
0
 
..
 
0
 
0
 
0
 
0
 
Total non-life insurance
23 535
 
25 526
 
29 623
 
..
 
39 262
 
41 980
 
43 230
 
44 530
 
1.2 Gross claims payments
 
 
 
 
 
 
 
 
Life
 
 
 
 
 
 
 
 
Domestic undertakings
735
 
816
 
1 971
 
1 075
 
1 003
 
1 101
 
882
 
1 139
 
Foreign controlled undertakings
0
 
..
 
0
 
0
 
0
 
26
 
15
 
21
 
Foreign companies (branches)
..
 
..
 
..
 
..
 
0
 
..
 
0
 
..
 
All undertakings
..
 
..
 
..
 
..
 
1 003
 
1 101
 
882
 
1 139
 
Non-life
 
 
 
 
 
 
 
 
Domestic undertakings
17 883
 
19 473
 
20 532
 
25 048
 
29 986
 
33 871
 
27 092
 
28 721
 
Foreign controlled undertakings
0
 
..
 
0
 
0
 
0
 
2 858
 
2 859
 
3 132
 
Foreign companies (branches)
0
 
..
 
0
 
0
 
0
 
0
 
0
 
..
 
All undertakings
17 883
 
..
 
20 532
 
25 048
 
29 986
 
33 871
 
27 092
 
28 721
 
Composite, all undertakings
x
 
x
 
x
 
x
 
x
 
x
 
x
 
x
 
Total
 
 
 
 
 
 
 
 
Domestic undertakings
18 618
 
20 289
 
22 503
 
26 123
 
30 989
 
34 972
 
27 974
 
29 861
 
Foreign controlled undertakings
0
 
..
 
0
 
0
 
0
 
2 884
 
2 874
 
3 152
 
Foreign companies (branches)
0
 
..
 
0
 
0
 
0
 
0
 
0
 
..
 
All undertakings
17 883
 
..
 
20 532
 
25 048
 
30 989
 
34 972
 
27 974
 
29 861
 
1.3 Commissions
 
 
 
 
 
 
 
 
Life
 
 
 
 
 
 
 
 
Domestic undertakings
54
 
89
 
95
 
59
 
47
 
57
 
41
 
74
 
Foreign controlled undertakings
0
 
..
 
0
 
0
 
0
 
4
 
6
 
4
 
Foreign companies (branches)
..
 
..
 
..
 
..
 
0
 
..
 
0
 
..
 
All undertakings
..
 
..
 
..
 
..
 
47
 
57
 
41
 
74
 
Non-life
 
 
 
 
 
 
 
 
Domestic undertakings
684
 
432
 
403
 
126
 
125
 
168
 
121
 
101
 
Foreign controlled undertakings
0
 
..
 
0
 
0
 
0
 
20
 
0
 
0
 
Foreign companies (branches)
0
 
..
 
0
 
0
 
0
 
0
 
0
 
..
 
All undertakings
684
 
..
 
403
 
126
 
125
 
168
 
121
 
101
 
Composite, all undertakings
x
 
x
 
x
 
x
 
x
 
x
 
x
 
x
 
Total
 
 
 
 
 
 
 
 
Domestic undertakings
737
 
521
 
498
 
185
 
172
 
224
 
162
 
175
 
Foreign controlled undertakings
0
 
..
 
0
 
0
 
0
 
24
 
6
 
4
 
Foreign companies (branches)
0
 
..
 
0
 
0
 
0
 
0
 
0
 
..
 
All undertakings
684
 
..
 
403
 
126
 
172
 
224
 
162
 
175
 
1.4 Gross operating expenses
 
 
 
 
 
 
 
 
Life
 
 
 
 
 
 
 
 
Domestic undertakings
684
 
868
 
865
 
792
 
873
 
782
 
851
 
945
 
Foreign controlled undertakings
0
 
..
 
0
 
..
 
0
 
43
 
52
 
57
 
Foreign companies (branches)
..
 
..
 
..
 
..
 
0
 
..
 
0
 
..
 
All undertakings
..
 
..
 
..
 
792
 
873
 
782
 
851
 
945
 
Non-life
 
 
 
 
 
 
 
 
Domestic undertakings
6 149
 
6 310
 
5 541
 
6 210
 
7 224
 
7 646
 
8 563
 
9 081
 
Foreign controlled undertakings
0
 
..
 
0
 
..
 
0
 
785
 
859
 
965
 
Foreign companies (branches)
0
 
..
 
0
 
..
 
0
 
0
 
0
 
..
 
All undertakings
6 149
 
..
 
5 541
 
6 210
 
7 224
 
7 646
 
8 563
 
9 081
 
Composite, all undertakings
x
 
x
 
x
 
x
 
x
 
x
 
x
 
x
 
Total
 
 
 
 
 
 
 
 
Domestic undertakings
6 833
 
7 178
 
6 405
 
7 002
 
8 098
 
8 428
 
9 414
 
10 027
 
Foreign controlled undertakings
0
 
..
 
0
 
..
 
0
 
828
 
911
 
1 022
 
Foreign companies (branches)
0
 
..
 
0
 
..
 
0
 
0
 
0
 
..
 
All undertakings
6 149
 
..
 
5 541
 
7 002
 
8 098
 
8 428
 
9 414
 
10 027
 
1.5 Insurance business written abroad by branches, gross premiums
 
 
 
 
 
 
 
 
Life
 
 
 
 
 
 
 
 
Branches and agencies
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
Subsidiaries
0
 
0
 
0
 
0
 
..
 
0
 
0
 
0
 
Total
0
 
0
 
0
 
0
 
..
 
0
 
0
 
0
 
Non-life
 
 
 
 
 
 
 
 
Branches and agencies
0
 
0
 
0
 
0
 
0
 
0
 
277
 
551
 
Subsidiaries
0
 
0
 
19
 
0
 
..
 
0
 
0
 
0
 
Total
0
 
0
 
19
 
0
 
..
 
0
 
277
 
551
 
Composite total
x
 
x
 
x
 
x
 
x
 
x
 
x
 
x
 
Total
 
 
 
 
 
 
 
 
Branches and agencies
0
 
0
 
0
 
0
 
0
 
0
 
277
 
551
 
Subsidiaries
0
 
0
 
19
 
0
 
..
 
0
 
0
 
0
 
Total
0
 
0
 
19
 
0
 
..
 
0
 
277
 
551
 
..
Not available
x
Not applicable
Note: For methodological notes see the entry for this country in the full report (http://dx.doi.org/10.1787/ins_stats-2012-en).
Disclaimer: http://oe.cd/disclaimer

 
Countries Covered:
Iceland
 
Visit the OECD web site