Balance sheet and income statement of insurance companies — Gross in Luxembourg

Luxembourg: Balance sheet and income statement of insurance companies — Gross was 284,477 Euro in 2024. ▲ Rising

Latest (2024)
284,477 Euro
Change on year
up 9.1%
World rank
13th
of 46 countries
All-time high
284,477 Euro
in 2024
All-time low
57,196 Euro
in 2008
Years of data
17
2008–2024

Balance sheet and income statement of insurance companies — Gross in Luxembourg, 2008–2024

50.0k100.0k150.0k200.0k250.0k300.0k2008201620242008: 57.2k Euro2009: 73.9k Euro2010: 93.8k Euro2011: 97.5k Euro2012: 113.0k Euro2013: 124.0k Euro2014: 143.3k Euro2015: 156.6k Euro2016: 167.6k Euro2017: 180.5k Euro2018: 185.3k Euro2019: 230.3k Euro2020: 240.3k Euro2021: 263.6k Euro2022: 252.4k Euro2023: 260.8k Euro2024: 284.5k Euro

Source: Organisation for Economic Co-operation and Development. Measured in Euro.

Analysis

In 2024, balance sheet and income statement of insurance companies — gross in Luxembourg stood at 284,477 Euro. That is the highest value across all 17 years on record.

The figure is up 9.1% on the previous year and up 98.6% over ten years.

Over the whole period, balance sheet and income statement of insurance companies — gross in Luxembourg peaked at 284,477 Euro in 2024 and was at its lowest, 57,196 Euro, in 2008.

That places Luxembourg 13th out of 46 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently rising across the 17 years of available data.

Balance sheet and income statement of insurance companies — Gross in Luxembourg, year by year

Annual values for Balance sheet and income statement of insurance companies — Gross technical provisions in Luxembourg, 2008 to 2024.
Year Euro Change
2008 57,196 Euro
2009 73,914 Euro +29.2%
2010 93,772 Euro +26.9%
2011 97,466 Euro +3.9%
2012 113,036 Euro +16.0%
2013 124,019 Euro +9.7%
2014 143,262 Euro +15.5%
2015 156,558 Euro +9.3%
2016 167,636 Euro +7.1%
2017 180,461 Euro +7.7%
2018 185,298 Euro +2.7%
2019 230,309 Euro +24.3%
2020 240,277 Euro +4.3%
2021 263,570 Euro +9.7%
2022 252,407 Euro -4.2%
2023 260,782 Euro +3.3%
2024 284,477 Euro +9.1%

Averages by decade

DecadeAverage LowestHighest Years
2000s 65,555 Euro 57,196 Euro 73,914 Euro 2
2010s 149,182 Euro 93,772 Euro 230,309 Euro 10
2020s 260,303 Euro 240,277 Euro 284,477 Euro 5

Countries ranked near Luxembourg

  1. 10 Ireland 386,407 Euro compare
  2. 11 Switzerland 382,518 Euro compare
  3. 12 Brazil 297,736 Euro compare
  4. 14 Belgium 265,010 Euro compare
  5. 15 Spain 255,567 Euro compare
  6. 16 Singapore 209,120 Euro compare

See the full ranking of 56 places →

More economy & growth data for Luxembourg

All data for Luxembourg →

Frequently asked questions

What is balance sheet and income statement of insurance companies — gross in Luxembourg?
Balance sheet and income statement of insurance companies — gross in Luxembourg was 284,477 Euro in 2024, according to Organisation for Economic Co-operation and Development.
What is the highest balance sheet and income statement of insurance companies — gross recorded in Luxembourg?
The highest recorded value was 284,477 Euro in 2024.
What is the lowest balance sheet and income statement of insurance companies — gross recorded in Luxembourg?
The lowest recorded value was 57,196 Euro in 2008.
How does Luxembourg rank for balance sheet and income statement of insurance companies — gross?
Luxembourg ranks 13th out of 46 countries with data for 2024.
Is balance sheet and income statement of insurance companies — gross rising or falling in Luxembourg?
Over the last ten years it is up 98.6%. The long-run trend across the full record is rising.
Where does this Luxembourg data come from?
The figures come from Organisation for Economic Co-operation and Development, published as part of Balance sheet and income statement of insurance companies — Gross technical provisions. Statizoid updates them automatically from the source API.

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Balance sheet and income statement of insurance companies — Gross in Luxembourg. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 13 September 2026, from https://economy.statizoid.com/stat/balance-sheet-and-income-statement-of-insurance-companies-gross-technical-provisions/luxembourg/

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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.