Luxembourg vs Singapore: Balance sheet and income statement of insurance companies — Gross

Luxembourg
284,477 Euro
in 2024
Singapore
209,120 Euro
in 2023
Luxembourg rank
13th
Singapore rank
16th

Balance sheet and income statement of insurance companies — Gross over time

  • Luxembourg
  • Singapore
50.0k100.0k150.0k200.0k250.0k300.0k200820162024

How they compare

Luxembourg currently reports 284,477 Euro against 209,120 Euro in Singapore, a difference of 75,357 Euro.

That makes Luxembourg's figure about 1.4 times Singapore's.

Across all 14 years both countries report, Luxembourg has been ahead every year.

Luxembourg ranks 13th and Singapore ranks 16th of 46 countries.

Luxembourg has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Luxembourg Singapore Difference Ahead
2000s 73,914 Euro 51,108 Euro 22,807 Euro Luxembourg
2010s 145,169 Euro 96,593 Euro 48,576 Euro Luxembourg
2020s 254,259 Euro 194,080 Euro 60,179 Euro Luxembourg

Averages of every year both report within each decade.

Frequently asked questions

Which has higher balance sheet and income statement of insurance companies — gross, Luxembourg or Singapore?
Luxembourg, at 284,477 Euro against 209,120 Euro in Singapore as of 2024.
What is the difference in balance sheet and income statement of insurance companies — gross between Luxembourg and Singapore?
75,357 Euro, with Luxembourg ahead.
How many years of comparable data are there for Luxembourg and Singapore?
14 years are reported by both, from 2009 to 2023.
How do Luxembourg and Singapore rank globally for balance sheet and income statement of insurance companies — gross?
Luxembourg ranks 13th and Singapore ranks 16th of 46 countries.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as Balance sheet and income statement of insurance companies — Gross technical provisions. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Luxembourg vs Singapore: Balance sheet and income statement of insurance companies — Gross. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 16 September 2026, from https://economy.statizoid.com/compare/balance-sheet-and-income-statement-of-insurance-companies-gross-technical-provisions/luxembourg/singapore/

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About this data

Indicator
Balance sheet and income statement of insurance companies — Gross technical provisions
Unit
Euro
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
56 places, 763 data points, 2006–2024
Last refreshed

This dataset covers multiple items pertaining to the balance sheet and income statement of direct insurers and reinsurers, such as assets, technical provisions, shareholders' equity, net income, gross claims paid, gross operating expenses, commissions and changes in outstanding claims provisions.