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Insurance Intelligence

Providing expert analysis, independent market insight and company data on the insurance industry.

Insurance market reports are produced following a country visit with interviews with professionals working in the sector with systematic updates to information throughout the cycle. Covering market developments, macroeconomic factors and comprehensive details of the regulatory environment including relevant taxation as well as market indicators and company statistics.

Axco’s Netherlands Non-Life Insurance Market Report (P&C) also comprises a detailed analysis of lines of business and sub-classes such as natural hazards, property, construction and machinery breakdown, motor, workers compensation & employers’ liability and liability.

The Life & Benefits Report for The Netherlands includes detail on social security, healthcare, individual life assurance and pensions information as well as market statistics and life company statistics

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Information for The Netherlands can be seen in:

Insurance Market Reports (Non-Life) Insurance Market Reports (Life & Benefits) Employee Benefits Reports Global Statistics Regulatory Alerts Market Profiles Insight Compliance Insight EB Compliance Point Clinical Trials Axco API

Country Information

Capital city
Real GDP growth (%)
Inflation (%)
latest GWP
Insurance Penetration (%)
GMT +1
17.17 mn
906,814.39 mn
84,183.11 (mn)

'Netherlands' from the Dutch Neder-landen, meaning low countries, reflects the 24% of land mass below sea level and more than 18% of which is water. Reclaimed land makes up approximately one-fifth of the total area. In addition to the European territory, The Kingdom of the Netherlands is also responsible for the Caribbean islands of Bonaire, Saba and Sint Eustasius, as "special municipalities", especially in respect of taxation and insurance supervision. The market is mature, with an insurance premium payment recorded in Amsterdam in 1598.

In 2018 total gross non-life premiums (excluding PA and healthcare) written in the market were EUR 10.14bn, an increase of 4.72% over 2017

A specific feature of the Dutch non-life market is the statutory compulsion to effect health insurance, this class is by far the largest in premium volume and is dealt with by the Axco Life and Benefits report. Of the balance of non-life premium volume, the two major components are motor and property (including business interruption, engineering and construction). Other classes are written in the country, marine and transport, trade credit, bonding, liabilities including financial lines, after the event legal expenses - huge but unaccounted for premium volumes are either written offshore or by local branches of EU companies. The Netherlands is also home to a plethora of small and localised mutual insurers, mainly in the agricultural business, and which have special rules applying under the Solvency II regime.

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