OECD Insurance Statistics 2013
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OECD Insurance Statistics 2013

This annual publication provides major official insurance statistics for all OECD countries, selected economies in Asia, Africa and for the first time countries belonging to the Association of Latin American Insurance Supervisors (ASSAL). It includes information on the diverse activities of the industry and on international insurance market trends. An analytical chapter including data from OECD members and selected additional economies highlights the underlying reasons for the trends in gross premium growth and claims developments between 2011 and 2012, 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.

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From chapter Iceland
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Table
 

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

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OECD Insurance Statistics, Volume 2013 - © OECD 2013

Iceland
‌1Selected aggregates
Million ISK
‌‌
2005
2006
2007
2008
2009
‌2010‌
‌2011‌
‌2012‌
1.1 Insurance business written in the reporting country
 
 
 
 
 
 
 
 
1.1.1 Insurance business, by ownership
 
 
 
 
 
 
 
 
Gross premiums
 
 
 
 
 
 
 
 
Domestic undertakings
28 416
 
33 165
 
37 519
 
41 724
 
34 293
 
46 636
 
48 117
 
50 490
 
Foreign controlled undertakings
..
 
0
 
0
 
0
 
3 732
 
4 082
 
4 464
 
4 788
 
Foreign companies (branches)
..
 
0
 
0
 
0
 
0
 
0
 
0
 
..
 
All undertakings
2 774
 
32 601
 
37 435
 
41 721
 
34 293
 
46 636
 
48 117
 
50 490
 
Premiums ceded
 
 
 
 
 
 
 
 
Domestic undertakings
4 487
 
4 621
 
3 127
 
3 061
 
2 546
 
3 621
 
3 425
 
3 371
 
Foreign controlled undertakings
..
 
0
 
0
 
0
 
260
 
476
 
328
 
318
 
Foreign companies (branches)
..
 
..
 
0
 
0
 
0
 
0
 
0
 
..
 
All undertakings
..
 
..
 
2 696
 
3 061
 
2 546
 
3 621
 
3 425
 
3 371
 
Net written premiums
 
 
 
 
 
 
 
 
Domestic undertakings
23 654
 
28 322
 
34 392
 
38 663
 
31 747
 
43 015
 
44 692
 
47 118
 
Foreign controlled undertakings
..
 
0
 
0
 
0
 
3 472
 
3 606
 
4 136
 
4 470
 
Foreign companies (branches)
..
 
..
 
0
 
0
 
0
 
0
 
0
 
..
 
All undertakings
2 223
 
2 138
 
34 944
 
38 674
 
31 747
 
43 015
 
44 692
 
47 118
 
1.1.2 Insurance business on foreign risks, gross premiums
 
 
 
 
 
 
 
 
Life
0
 
..
 
..
 
0
 
6 786
 
3 510
 
0
 
0
 
Non-life
178
 
..
 
521
 
2 215
 
41 886
 
43 506
 
2 528
 
2 632
 
Composite total
x
 
x
 
x
 
x
 
x
 
x
 
x
 
x
 
Total
178
 
..
 
521
 
2 215
 
48 673
 
47 016
 
2 528
 
2 632
 
1.1.3 Life insurance payments, by class, gross premiums
 
 
 
 
 
 
 
 
Annuities
..
 
..
 
36
 
0
 
47
 
65
 
57
 
61
 
Unit linked
..
 
..
 
562
 
185
 
108
 
104
 
110
 
87
 
Other life insurance
..
 
..
 
2 398
 
2 867
 
3 118
 
3 216
 
3 227
 
3 532
 
Total life insurance
..
 
..
 
2 996
 
3 052
 
3 273
 
3 385
 
3 395
 
3 680
 
of which:Pension contracts
..
 
..
 
0
 
..
 
0
 
0
 
0
 
0
 
1.1.4 Non-life insurance payments, by class, gross premiums
 
 
 
 
 
 
 
 
Motor vehicle insurance
12 343
 
14 396
 
..
 
19 153
 
20 424
 
20 479
 
20 205
 
21 226
 
Marine, aviation and other transport insurance
1 307
 
1 284
 
..
 
2 691
 
2 204
 
2 483
 
2 629
 
2 746
 
Freight insurance
466
 
503
 
..
 
703
 
577
 
602
 
632
 
667
 
Fire and other property damage insurance
6 792
 
7 681
 
..
 
8 182
 
11 557
 
12 193
 
12 838
 
14 028
 
Pecuniary loss insurance
59
 
79
 
..
 
164
 
58
 
77
 
100
 
77
 
General liability insurance
1 873
 
2 530
 
..
 
2 316
 
2 452
 
2 372
 
2 782
 
2 932
 
Accident and health
2 686
 
3 150
 
..
 
4 141
 
4 707
 
5 012
 
5 318
 
5 108
 
of which:Health
439
 
556
 
..
 
1 912
 
717
 
..
 
..
 
..
 
Other non-life insurance
0
 
0
 
..
 
0
 
0
 
12
 
27
 
27
 
Treaty reinsurance
0
 
0
 
..
 
0
 
0
 
0
 
0
 
0
 
Total non-life insurance
25 526
 
29 623
 
..
 
39 262
 
41 980
 
43 230
 
44 530
 
46 809
 
1.2 Gross claims payments
 
 
 
 
 
 
 
 
Life
 
 
 
 
 
 
 
 
Domestic undertakings
816
 
1 971
 
1 075
 
1 003
 
1 101
 
882
 
1 139
 
1 434
 
Foreign controlled undertakings
..
 
0
 
0
 
0
 
26
 
15
 
21
 
56
 
Foreign companies (branches)
..
 
..
 
..
 
0
 
..
 
0
 
..
 
..
 
All undertakings
..
 
..
 
..
 
1 003
 
1 101
 
882
 
1 139
 
1 434
 
Non-life
 
 
 
 
 
 
 
 
Domestic undertakings
19 473
 
20 532
 
25 048
 
29 986
 
33 871
 
27 092
 
28 721
 
30 190
 
Foreign controlled undertakings
..
 
0
 
0
 
0
 
2 858
 
2 859
 
3 132
 
2 931
 
Foreign companies (branches)
..
 
0
 
0
 
0
 
0
 
0
 
..
 
..
 
All undertakings
..
 
20 532
 
25 048
 
29 986
 
33 871
 
27 092
 
28 721
 
30 190
 
Composite, all undertakings
x
 
x
 
x
 
x
 
x
 
x
 
x
 
x
 
Total
 
 
 
 
 
 
 
 
Domestic undertakings
20 289
 
22 503
 
26 123
 
30 989
 
34 972
 
27 974
 
29 861
 
31 624
 
Foreign controlled undertakings
..
 
0
 
0
 
0
 
2 884
 
2 874
 
3 152
 
2 987
 
Foreign companies (branches)
..
 
0
 
0
 
0
 
0
 
0
 
..
 
..
 
All undertakings
..
 
20 532
 
25 048
 
30 989
 
34 972
 
27 974
 
29 861
 
31 624
 
1.3 Commissions
 
 
 
 
 
 
 
 
Life
 
 
 
 
 
 
 
 
Domestic undertakings
89
 
95
 
59
 
47
 
57
 
41
 
74
 
71
 
Foreign controlled undertakings
..
 
0
 
0
 
0
 
4
 
6
 
4
 
12
 
Foreign companies (branches)
..
 
..
 
..
 
0
 
..
 
0
 
..
 
..
 
All undertakings
..
 
..
 
..
 
47
 
57
 
41
 
74
 
71
 
Non-life
 
 
 
 
 
 
 
 
Domestic undertakings
432
 
403
 
126
 
125
 
168
 
121
 
101
 
122
 
Foreign controlled undertakings
..
 
0
 
0
 
0
 
20
 
0
 
0
 
0
 
Foreign companies (branches)
..
 
0
 
0
 
0
 
0
 
0
 
..
 
..
 
All undertakings
..
 
403
 
126
 
125
 
168
 
121
 
101
 
122
 
Composite, all undertakings
x
 
x
 
x
 
x
 
x
 
x
 
x
 
x
 
Total
 
 
 
 
 
 
 
 
Domestic undertakings
521
 
498
 
185
 
172
 
224
 
162
 
175
 
193
 
Foreign controlled undertakings
..
 
0
 
0
 
0
 
24
 
6
 
4
 
12
 
Foreign companies (branches)
..
 
0
 
0
 
0
 
0
 
0
 
..
 
..
 
All undertakings
..
 
403
 
126
 
172
 
224
 
162
 
175
 
193
 
1.4 Gross operating expenses
 
 
 
 
 
 
 
 
Life
 
 
 
 
 
 
 
 
Domestic undertakings
868
 
865
 
792
 
873
 
782
 
851
 
945
 
1 119
 
Foreign controlled undertakings
..
 
0
 
..
 
0
 
43
 
52
 
57
 
77
 
Foreign companies (branches)
..
 
..
 
..
 
0
 
..
 
0
 
..
 
..
 
All undertakings
..
 
..
 
792
 
873
 
782
 
851
 
945
 
1 119
 
Non-life
 
 
 
 
 
 
 
 
Domestic undertakings
6 310
 
5 541
 
6 210
 
7 224
 
7 646
 
8 563
 
9 081
 
9 987
 
Foreign controlled undertakings
..
 
0
 
..
 
0
 
785
 
859
 
965
 
996
 
Foreign companies (branches)
..
 
0
 
..
 
0
 
0
 
0
 
..
 
..
 
All undertakings
..
 
5 541
 
6 210
 
7 224
 
7 646
 
8 563
 
9 081
 
9 987
 
Composite, all undertakings
x
 
x
 
x
 
x
 
x
 
x
 
x
 
x
 
Total
 
 
 
 
 
 
 
 
Domestic undertakings
7 178
 
6 405
 
7 002
 
8 098
 
8 428
 
9 414
 
10 027
 
11 106
 
Foreign controlled undertakings
..
 
0
 
..
 
0
 
828
 
911
 
1 022
 
1 072
 
Foreign companies (branches)
..
 
0
 
..
 
0
 
0
 
0
 
..
 
..
 
All undertakings
..
 
5 541
 
7 002
 
8 098
 
8 428
 
9 414
 
10 027
 
11 106
 
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
 
277
 
551
 
914
 
Subsidiaries
0
 
19
 
0
 
..
 
0
 
0
 
0
 
0
 
Total
0
 
19
 
0
 
..
 
0
 
277
 
551
 
914
 
Composite total
x
 
x
 
x
 
x
 
x
 
x
 
x
 
x
 
Total
 
 
 
 
 
 
 
 
Branches and agencies
0
 
0
 
0
 
0
 
0
 
277
 
551
 
914
 
Subsidiaries
0
 
19
 
0
 
..
 
0
 
0
 
0
 
0
 
Total
0
 
19
 
0
 
..
 
0
 
277
 
551
 
914
 
..
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-2013-en).
Disclaimer: http://oe.cd/disclaimer

 
Countries Covered:
Iceland
 
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