Gesamtverband der Deutschen Versicherungswirtschaft e.V. German Insurance Association Wilhelmstr. 43/43 G D-10117 Berlin Tel. +49 (0) 30 - 20 20 51 31 Fax +49 (0) 30 - 20 20 66 16
[email protected] www.gdv.de
Statistical Yearbook of German Insurance
2012
Gesamtverband der Deutschen Versicherungswirtschaft e.V.
Statistical Yearbook of German Insurance 2012
Gesamtverband der Deutschen Versicherungswirtschaft e.V.
Statistical Yearbook of German Insurance 2012
Published by: Gesamtverband der Deutschen Versicherungswirtschaft e.V. (GDV) German Insurance Association Wilhelmstraße 43/43 G D-10117 Berlin Tel. +49 (0) 30/20 20 51 31 Fax +49 (0) 30/20 20 66 16
[email protected] The German Insurance Association (GDV) is listed in the Joint Transparency Register of the European Commission and the European Parliament for interest representatives. The GDV identification number is 6437280268-55. Editors: Michael Wolgast, Anja Theis Assistant editors: Thijs Benschop, Franziska Grun, Franziska Totzke Distributed by: Verlag Versicherungswirtschaft GmbH, Klosestr. 22, D-76137 Karlsruhe, Tel. +49 (0) 7 21/35 09-0 Picture: J. Röse-Oberreich, adpic www.gdv.de ISSN 0936-1960
Preface Private households and companies are day in and day out exposed to numerous risks. In modern societies the private insurance industry is indispensable for dealing with these risks. Demographic changes, the challenges of climate change, but also the ever tighter public budgets will further increase the importance of private insurance in the next few decades. At the same time, private insurers are among the most important institutional investors in economic terms. By publishing the Statistical Yearbook of German Insurance 2012 we again want to provide a selection of important data on the development of the German insurance industry and its economic and social environment. We hope that the Statistical Yearbook will continue to be a useful and reliable data source for all those who are interested in the German insurance industry and can contribute to a better understanding of the insurance industry.
Berlin, July 2012
Rolf-Peter Hoenen
Dr. Frank von Fürstenwerth
Insurance industry overall
1–24
Life insurance
25–43
Health insurance
44 –52
Property & casualty insurance
53–79
Reinsurance
80–83
Overall economic data
84–110
Social statistical data
111–117
International reference figures
118–131
List of Tables Insurance industry overall Key figures of private insurance Insurance companies by class of insurance business Insurance companies by legal form Insurance companies and premium income by federal state Insurance premium income by class of business Insurance premium income by legal form Insurance portfolios Employment in the insurance industry by federal state Employees in the insurance industry Employees in insurance companies by field of activity Insurance intermediaries and advisers Share of distribution channels in new business in the insurance industry Development of the investments of the insurance industry Investment portfolio of the insurance industry Investment portfolio of primary insurers Selected alternative investments of primary insurers Insurance business written by German primary insurers in EEA countries – by country – by class of insurance Foreign-controlled German primary insurers Insurance business written by European primary insurers in Germany Insurance density and penetration of insurance Market concentration in the insurance industry Insurance industry in comparison to other industries Insurance premium tax and fire brigade tax
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16
17 18 19 20 21 22 23 24
Life insurance Life insurance companies by legal form Business development – life insurance, Pensionskassen and pension funds – in life insurance – of Pensionskassen – of pension funds Premium income in life insurance Life insurance premiums incl. Pensionskassen and pension funds – regular and single premiums – by type of business
25 26 27 28 29 30 31 32
Life insurance premiums – regular and single premiums – by type of business New business in life insurance by type of business Riester pensions – business in force and new business Basisrenten – business in force and new business Occupational pensions: direct insurance and reinsurance business in force Supplementary insurance business in force in life insurance Benefits in life insurance Cash benefits paid in life insurance Investment portfolio of life insurance companies Long-term business development of Pensionskassen
33 34 35 36 37 38 39 40 41 42 43
Health insurance Health insurance companies by legal form Business development in health insurance Premium income in health insurance by type of insurance Business in force in health insurance Insurance benefits in health insurance Insurance benefits paid in health insurance – by type of insurance – by type of benefit Compulsory long-term care insurance Investment portfolio of health insurance companies
44 45 46 47 48 49 50 51 52
Property & casualty insurance Property & casualty insurance companies by legal form Premium income and claims expenditure in property & casualty insurance Premium income in property & casualty insurance by class Claims expenditure in property & casualty insurance by class Number of contracts and claims in property & casualty insurance Number of contracts in property & casualty insurance by class Number of claims in property & casualty insurance by class Premium income and claims expenditure – in property insurance – in private property insurance – in comprehensive insurance on buildings – in comprehensive insurance on contents – in non-private property insurance – in industrial / commercial / agricultural property insurance – in engineering insurance – in marine and aviation insurance
53 54 55 56 57 58 59 60 61 62 63 64 65 66 67
– in credit, surety and fidelity insurance – in general liability insurance – in motor insurance – in motor vehicle third party liability insurance – in motor vehicle full own damage insurance – in motor vehicle partial own damage insurance – in motor accident insurance – in private accident insurance – in legal expenses insurance – in roadside assistance Technical results in property & casualty insurance by class Investment portfolio of property & casualty insurance companies
68 69 70 71 72 73 74 75 76 77 78 79
Reinsurance Premium income and claims expenditure of reinsurance companies Premium income of reinsurance companies by class Claims ratios and technical results of reinsurance companies by class Investment portfolio of reinsurance companies
80 81 82 83
Overall Economic Data Development of the population 1950–2060 Development of mortality Development of households 1950–2030 Volume and structure of employment Gross domestic product and its components – at current prices Gross domestic product and its components – price-adjusted Gross fixed assets – price-adjusted Net fixed assets – at replacement prices Building activity and stock of residential buildings and dwellings Business start-ups and insolvencies Health care sector Development of the number of vehicles on the road Road accidents Transportation of goods Incidence of durable goods in private households Wages and salaries Disposable income, consumption and savings Cost of living index of all private households Development of selected price indexes Expenditure on motor vehicles Financial assets of private households by type of investment – as per end of year
84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104
Acquisition of financial assets by private households by type of investment – over the year – long term Financial assets and acquisition of financial assets in the form of life insurance Incidence of occupational pension schemes Incidence of occupational pension schemes by pension vehicle Interest rates, bond yields and share prices
105 106 107 108 109 110
Social statistical data Social welfare budget by function, type and source of finance Statutory pension insurance Statutory health insurance Social long-term care insurance Statutory accident insurance Statutory unemployment insurance Tax-financed basic social security systems
111 112 113 114 115 116 117
International reference figures Premium income of primary insurers – in selected industrialised countries – in selected emerging markets Penetration of insurance and insurance density – in selected industrialised countries – in selected emerging markets Premium income of important reinsurance locations Pension funds in international comparison Population in selected industrialised countries Employment in selected industrialised countries Gross domestic product and prices in selected industrialised countries Public finances in selected industrialised countries Population and economy in the EU accession countries Gross domestic product and population in selected emerging markets Interest rates, bond yields and share prices in Europe and the USA Exchange rates
118 119 120 121 122 123 124 125 126 127 128 129 130 131
Abbreviations AGV Arbeitgeberverband der Versicherungsunternehmen (Employers’ Association of Insurance Companies) Arbeitslosengeld (unemployment benefits) ALG a.o. and others BA Bundesagentur für Arbeit (Federal Employment Agency) BaFin Bundesanstalt für Finanzdienstleistungsaufsicht (Federal Financial Supervisory Authority), until 2002 Bundesaufsichtsamt für das Versicherungswesen (BAV) (Federal Supervisory Office for Insurance Companies) BI business interruption insurance BMAS B undesministerium für Arbeit und Soziales (Federal Ministry of Labour and Social Affairs) BMF B undesministerium der Finanzen (Federal Ministry of Finance) BMG B undesministerium für Gesundheit (Federal Ministry of Health) bn billion DAX Deutscher Aktienindex (German Stock Index) DIHK Deutscher Industrie- und Handelskammertag (Association of German Chambers of Industry and Commerce) DIW Deutsches Institut für Wirtschaftsforschung (German Institute for Economic Research) DM Deutsche Mark DRV Deutsche Rentenversicherung (German Federal Pension Insurance Agency) ECB European Central Bank EEA European Economic Area EI engineering insurance EStG Einkommensteuergesetz (Income Tax Act) European Union EU Euro EUR
EUROSTAT Statistical Office of the European Communities FRG Federal Republic of Germany gross domestic product GDP GDV Gesamtverband der Deutschen Versicherungs wirtschaft e.V. (German Insurance Association) GewO Gewerbeordnung (Trade, Commerce and Industry Regulation Act) i.e. id est (that is) International Labour Organization ILO International Monetary Fund IMF including incl. ins. insurance Japanese Jap. m million motor accident MA OECD Organisation for Economic Co-operation and Development p.a. per annum paragraph para. PKV Verband der privaten Krankenversicherung e.V. (Association of German Private Healthcare Insurers) Rep. Republic Sozialgesetzbuch (Social Security Code) SGB sq km square kilometre StBA Statistisches Bundesamt (Federal Statistical Office) t ton TPL third party liability USA United States of America VAG Versicherungsaufsichtsgesetz (Insurance Supervisory Act) – ° x
value equal to zero value not available value not meaningful
1
Key figures of private insurance 1980
1990
2000
2008
2009
2010
20111
insurance companies2 (numbers) total
809
729
659
607
596
582
580
108
109
119
99
96
95
94
51
55
55
51
51
48
48
344
322
254
222
217
211
215
33
28
41
41
38
36
34
of which: life insurers health insurers property & casualty insurers reinsurers
premium income (in EUR m) primary insurance3
36,000
69,888 131,335 164,532 171,417 178,844 178,098
life insurance4
13,215
27,403
61,225
79,585
85,248
90,355
86,798
4,830
9,546
20,712
30,331
31,468
33,270
34,685
health insurance property and casualty insurance5, 6 reinsurance7
17,955
32,939
49,398
54,616
54,701
55,219
56,615
7,141
13,713
28,843
31,393
34,674
36,191
°
share in premium income of primary insurance (as %) life insurance4
36.7
39.2
46.6
48.4
49.7
50.5
48.7
health insurance
13.4
13.7
15.8
18.4
18.4
18.6
19.5
property and casualty insurance5, 6
49.9
47.1
37.6
33.2
31.9
30.9
31.8
insurance benefits (in EUR m) primary insurance
34,101
71,253 152,571 146,309 181,734 189,254
life insurance8, 9
15,157
34,909
88,080
70,779 104,646 107,361
4,592
9,504
24,087
33,648
35,191
38,612
°
14,352
26,840
40,404
41,882
41,897
43,281
43,785
449.9
454.7
457.4
health insurance10 property & casualty insurance5, 11
° 92,239
insurance portfolio (numbers in m) primary insurance12
247.6
305.4
397.5
446.5
investment portfolio (in EUR bn) primary insurers and reinsurers8
126.23
321.70
802.66 1,194.11 1,213.20 1,256.37 1,285.48
employment (numbers in 1,000) insurance industry
°
°
°
531.9
555.5
561.6
558.2
employees13
°
254.7
299.7
285.3
300.0
298.2
300.4
self-employed insurance intermediaries / advisers14
°
°
°
246.6
255.5
263.5
257.8
1 partly provisional figures 2 life insurers, health insurers, property & casualty insurers, reinsurers, Pensionskassen and funeral expenses funds under German federal supervision carrying on actual business 3 written gross premiums 4 from 2008 incl. Pensionskassen and pension funds covered by the GDV statistics 5 German direct business; without nuclear insurance and pecuniary damage liability insurance; until 2002 without fidelity insurance; until 2009 without aviation insurance and aircraft and spacecraft liability insurance 6 without insurance premium tax; insurance classes covering fire incl. fire brigade tax 7 earned premiums of reinsurers incl. additional charges, net of retrocession 8 without Pensionskassen and pension funds 9 cash benefits paid to policyholders and increase in liabilities towards policyholders 10 total expenditures on benefits paid, premium refunds and allocations to ageing reserve 11 gross claims incurred for the accounting year 12 health insurance: until 1990 number of insured under each policy section, from 2000 number of risks; motor insurance: number of risks 13 employees subject to social security contributions in primary insurance and reinsurance companies and insurance intermediation firms as at 30 June of the respective year Source: compilation from following tables 14 as per end of year; 2008: as at April 2009
2
Insurance companies* by class of insurance business
year
federal supervision1 total number of insurance companies
of which: life insurers
Pensionskassen
health insurers
property reinsurers & casualty insurers
federal and Land super vision2
19543
864
95
207
100
295
34
8,284
1960
939
102
213
101
218
34
9,853
1970
810
107
201
67
289
31
7,390
1980
809
108
177
51
344
33
3,343
1990
729
109
153
55
322
28
2,659
1995
677
121
141
58
268
32
2,157
1998
682
119
141
58
266
43
2,037
1999
677
120
141
57
263
44
1,983
2000
659
119
140
55
254
41
1,882
2001
640
116
134
55
249
40
1,825
2002
645
110
154
55
238
43
1,779
2003
640
106
157
54
235
45
1,716
2004
633
105
158
54
231
44
1,669
2005
632
104
160
53
227
47
1,638
2006
613
100
153
52
222
45
1,592
2007
609
100
152
51
224
41
1,592
2008
607
99
153
51
222
41
1,516
2009
596
96
153
51
217
38
1,486
2010
582
95
152
48
211
36
1,463
2011
580
94
150
48
215
34
°
* number of life insurers, health insurers, property & casualty insurers, reinsurers, Pensionskassen and funeral expenses funds under German supervision as per end of year 1 carrying on actual business 2 incl. insurance companies without actual business 3 as at 31 March 1954 Source: BaFin
3
Insurance companies* by legal form** year
joint stock c ompanies
mutual insurance associations1
other2
insurance institutions under public law
19543
110
684
15
32
1960
125
645
16
46
1970
140
527
16
46
1980
196
406
12
102
1990
281
352
47
81
1995
320
324
31
17
2000
324
299
27
16
2001
323
285
25
17
2002
330
280
22
19
2003
329
272
19
12
2004
328
270
17
10
2005
321
267
18
10
2006
315
267
18
9
2007
321
267
18
9
2008
307
268
18
6
2009
313
267
17
6
2010
304
265
17
6
* number of life insurers, health insurers, property & casualty insurers, reinsurers, Pensionskassen and funeral expenses funds under German supervision carrying on actual business, without small mutual insurance associations under Land supervision mostly limited to a particular region, until 1980 only insurance companies under federal supervision, as per end of year ** joint stock companies that due to their ownership structure are part of the public sector and joint stock companies whose shareholders are mutual insurance associations are included in joint stock companies 1 incl. small mutual insurance associations registered under section 53 VAG 2 mostly German establishments of foreign-based insurance companies, from 1995 without establishments of insurance companies based inside the EEA Source: BaFin 3 as at 31 March 1954
4
Insurance companies and premium income by federal state* federal state
number of insurance companies 2008
2009
2010
earned gross premiums in EUR m 2008
2009
Baden-Württemberg
47
48
46
25,674
27,328
2010 28,926
Bavaria
74
74
72
59,675
62,828
66,303
Berlin
11
11
11
1,230
1,196
1,239
Brandenburg
1
1
1
132
140
149
Bremen
1
1
1
4
5
5
Hamburg
41
38
36
15,644
10,597
11,155
Hesse
45
41
39
16,353
17,177
15,212
Mecklenburg-West Pomerania Lower Saxony North Rhine-Westphalia
–
–
–
–
–
–
46
47
47
19,204
19,839
21,329 61,820
117
111
106
57,210
60,480
Rhineland-Palatinate
6
6
6
7,921
8,424
8,862
Saar
6
6
6
2,171
2,274
2,993 573
Saxony
2
2
2
451
546
Saxony-Anhalt
–
–
–
–
–
–
13
15
15
2,104
2,374
2,383
Schleswig-Holstein Thuringia
–
–
–
–
–
–
Germany
410
401
388
207,773
213,208
220,948
* life, health, property & casualty insurers and reinsurers; only insurance companies under federal Source: BaFin supervision, assignment to federal state by company headquarters
5 year
Insurance income by class of business total of primary insurance1
life2
health
property & casualty3 total4
reinsurance5
motor
in EUR m 1950
1,174
405
227
542
184
°
1960
4,501
1,537
639
2,325
1,066
743
1970
13,676
5,068
2,068
6,540
2,959
2,079
1980
36,000
13,215
4,830
17,955
7,829
7,141
1990
69,888
27,403
9,546
32,939
14,346
13,713
1995
111,459
45,201
16,408
49,850
22,555
21,970
1998
120,677
52,505
19,320
48,852
19,959
23,969
1999
127,325
58,749
19,910
48,666
19,776
26,147
2000
131,335
61,225
20,712
49,398
20,358
28,843
2001
135,093
62,565
21,718
50,810
21,341
31,808
2002
141,008
65,301
23,082
52,625
21,968
41,048
2003
147,729
68,574
24,741
54,414
22,325
40,157
2004
152,166
70,343
26,413
55,410
22,504
37,127
2005
157,984
75,244
27,348
55,392
22,005
35,673
2006
161,945
78,455
28,483
55,007
21,221
36,015
2007
162,923
78,967
29,461
54,495
20,800
32,298
2008
164,532
79,585
30,331
54,616
20,372
31,393
2009
171,417
85,248
31,468
54,701
20,057
34,674
2010
178,844
90,355
33,270
55,219
20,158
36,191
20116
178,098
86,798
34,685
56,615
20,887
° -0.8
change against previous year as % 1998
1.8
4.0
4.1
-1.3
-3.8
1999
5.5
11.9
3.1
-0.4
-0.9
9.1
2000
3.1
4.2
4.0
1.5
2.9
10.3
2001
2.9
2.2
4.9
2.9
4.8
10.3
2002
4.4
4.4
6.3
3.6
2.9
29.0
2003
4.8
5.0
7.2
3.4
1.6
-2.2
2004
3.0
2.6
6.8
1.8
0.8
-7.5 -3.9
2005
3.8
7.0
3.5
0.0
-2.2
2006
2.5
4.3
4.2
-0.7
-3.6
1.0
2007
0.6
0.7
3.4
-0.9
-2.0
-10.3
2008
1.0
0.8
3.0
0.2
-2.1
-2.8
2009
4.2
7.1
3.8
0.2
-1.5
10.4
2010
4.3
6.0
5.7
0.9
0.5
4.4
20116
-0.4
-3.9
4.3
2.5
3.6
°
average annual rates of change as % 1950–1960
14.4
14.3
10.9
15.7
19.2
°
1960–1970
11.8
12.7
12.5
10.9
10.7
10.8 13.1
1970–1980
10.2
10.1
8.9
10.6
10.2
1980–1990
6.9
7.6
7.1
6.3
6.2
6.7
1990–2000
6.5
8.4
8.1
4.1
3.6
7.7
2000–2010
3.1
4.0
4.9
1.1
-0.1
2.3
1 written gross premiums 2 from 2001 incl. Pensionskassen and pension funds covered by the GDV statistics 3 German direct business; without insurance premium tax; insurance classes covering fire incl. fire brigade tax 4 without nuclear insurance and pecuniary damage liability insurance; until 2002 without fidelity insurance; until 2009 without aviation insurance and aircraft and spacecraft liability insurance 5 earned premiums of reinsurers incl. additional charges, net of retrocession 6 partly provisional data Source: GDV; PKV; BaFin
6
Insurance premium income* by legal form** mutual insurance associations1
insurance institutions under public law
other2
year
joint stock c ompanies
1951
61.1
31.6
4.5
2.8
1960
64.3
27.8
3.8
4.1 3.9
market share as %3
1970
64.0
28.0
4.1
19754
59.6
26.6
10.2
3.6
1985
58.8
26.4
11.0
3.8
1986
58.7
26.7
10.8
3.8
1987
58.7
26.9
10.8
3.6
1988
58.6
27.0
10.9
3.5
1989
60.2
25.7
10.6
3.5
19904
69.1
19.9
8.3
2.6
1991
70.0
19.5
8.0
2.6
1992
70.7
19.3
7.5
2.5
1993
70.9
19.1
7.5
2.5
1994
72.2
18.9
7.0
1.9
1995
73.4
19.3
5.9
1.5
1996
74.1
18.7
6.0
1.2
1997
74.1
18.7
6.0
1.2
1998
75.4
18.3
5.0
1.3
1999
75.4
18.2
5.0
1.4
2000
76.1
17.7
5.2
1.0
2001
79.3
15.5
4.3
1.0
2002
81.3
15.4
2.1
1.1
2003
83.5
14.1
1.5
0.9
2004
83.2
14.5
1.5
0.9
2005
82.7
14.9
1.5
0.9
2006
82.6
15.0
1.5
0.9
2007
83.0
14.6
1.4
0.9
2008
82.6
15.1
1.5
0.8
2009
81.8
15.8
1.5
0.9
2010
82.6
15.0
1.5
0.9
* life insurers, health insurers, property & casualty insurers, reinsurers, Pensionskassen and funeral expenses funds; until 1970 insurance companies under German federal supervision, from 1975 to 1989 insurance companies under federal and Land supervision, until 1989 without reinsurance companies, from 1990 insurance companies under German supervision without small mutual insurance associations under Land supervision mostly limited to a particular region ** joint stock companies that due to their ownership structure are part of the public sector and joint stock companies whose shareholders are mutual insurance associations are included in joint stock companies 1 incl. small mutual insurance associations registered under section 53 VAG 2 mostly German establishments of foreign-based insurance companies, from 1994 without establishments of insurance companies based inside the EEA 3 share of legal form in gross premiums; until 1989 written gross premiums, from 1990 earned gross premiums 4 due to modified classification, figures not comparable to previous years Source: BaFin
7
Insurance portfolios 1980
1990
1995
2000
2005
2010
20111 93.6
contracts, numbers in m life insurance2
65.8
72.4
81.1
87.6
96.9
94.2
health insurance3
24.1
32.7
52.0
47.8
53.7
67.3
68.0
property & casualty4
157.8
200.3
242.8
262.1
274.7
293.2
295.8
total
247.6
305.4
375.9
397.5
425.3
454.7
457.4
1 partly provisional figures 2 from 2005 incl. Pensionskassen and pension funds covered by the GDV statistics 3 until 1990 number of insured under each policy section (estimated); from 1995 incl. compulsory long-term care insurance, foreign travel health insurance a.o.; 2000 and 2005 change in counting method (modified definitions), not comparable to previous years 4 German direct business; without nuclear insurance and pecuniary damage liability insurance; until 2000 without marine insurance; until 2006 without credit, surety and fidelity insurance; until 2009 without aviation insurance and aircraft and spacecraft liability insurance Source: GDV; PKV; BaFin
8
Employment in the insurance industry by federal state
federal state
total1
employees2
selfemployed insurance inter mediaries / advisers3
total1
employees2
selfemployed insurance inter mediaries / advisers3
numbers 2010 Baden-Württemberg
2011
73,868
36,420
37,448
72,853
36,070
36,783
109,522
61,720
47,802
108,914
61,760
47,154
Berlin
19,961
11,340
8,621
19,527
11,390
8,137
Brandenburg
12,497
2,850
9,647
11,994
2,810
9,184
Bavaria
4,608
3,180
1,428
4,558
3,180
1,378
Hamburg
Bremen
23,415
19,070
4,345
26,130
21,850
4,280
Hesse
48,124
28,290
19,834
47,582
28,130
19,452
Mecklenburg-West Pomerania Lower Saxony North Rhine-Westphalia Rhineland-Palatinate Saar Saxony
8,433
2,930
5,503
7,821
2,510
5,311
43,276
21,580
21,696
43,838
22,510
21,328
126,081
77,320
48,851
125,247
77,140
48,107
21,065
7,760
13,305
20,881
7,820
13,061
7,413
3,900
3,513
7,332
3,910
3,422
25,964
9,630
16,334
25,321
9,500
15,821
Saxony-Anhalt
11,070
3,310
7,760
10,657
3,190
7,467
Schleswig-Holstein
13,488
5,380
8,108
13,275
5,290
7,985
Thuringia
12,727
3,470
9,257
12,305
3,380
8,925
Germany
561,602
298,150
263,452
558,235
300,440
257,795
1 employees subject to social security contributions in primary insurance and reinsurance companies and insurance intermediation firms and self-employed insurance intermediaries / advisers 2 employees subject to social security contributions in primary insurance and reinsurance companies and insurance intermediation firms as at 30 June of the respective year 3 as per end of year Source: AGV; DIHK
9
Employees in the insurance industry year1
total2
insurance property & companies, total3 casualty4
life5
health
reinsurance
1950
°
54.2
28.1
18.0
7.4
0.7
1960
°
116.2
60.2
38.6
15.8
1.6
1970
°
189.5
98.2
62.9
25.8
2.6
1971
°
197.3
102.2
65.5
26.8
2.8
numbers in 1,000
1972
°
204.6
106.0
67.9
27.8
2.9
1973
°
208.1
107.8
69.1
28.3
2.9
1974
°
209.3
108.4
69.5
28.5
2.9
1975
°
203.4
105.4
67.5
27.7
2.8
1976
°
199.9
103.5
66.4
27.2
2.8
1977
°
198.7
102.9
66.0
27.0
2.8
1978
°
200.3
103.8
66.5
27.2
2.8
1979
°
202.3
104.8
67.2
27.5
2.8
1980
°
202.3
104.8
67.2
27.5
2.8
1981
°
202.9
105.1
67.4
27.6
2.8
1982
°
203.1
105.2
67.4
27.6
2.9
1983
°
200.1
103.6
66.5
27.2
2.8
1984
°
198.1
102.6
65.8
26.9
2.8
1985
°
197.3
102.2
65.5
26.8
2.8
1986
°
200.3
103.8
66.5
27.2
2.8
1987
°
202.9
105.1
67.4
27.6
2.8
1988
°
206.6
107.0
68.6
28.1
2.9
1989
°
211.1
109.3
70.1
28.7
3.0
1990
254.7
233.2
120.8
77.4
31.7
3.3
1991
268.6
251.9
128.9
82.6
33.8
3.5
1992
279.8
259.0
149.2
68.4
36.8
4.6
1993
283.9
255.9
147.4
67.6
36.3
4.6
1994
281.4
250.0
144.0
66.0
35.5
4.5
1995
273.8
245.6
141.5
64.8
34.9
4.4
1996
°
241.7
139.2
63.8
34.3
4.4
1997
269.3
239.3
135.7
67.2
31.4
5.0
1998
292.8
238.8
132.4
68.0
33.0
5.4
1999
293.6
239.6
125.9
72.6
35.1
6.0
2000
299.7
240.2
126.2
72.8
35.2
6.0
2001
302.5
245.4
129.0
74.1
36.1
6.2
2002
312.4
248.1
130.6
74.0
36.4
7.1
2003
311.1
244.3
125.5
74.9
36.8
7.1
2004
308.4
240.8
123.2
74.4
36.0
7.2
2005
306.1
233.3
117.8
68.9
39.4
7.2
2006
299.1
225.7
109.3
65.4
43.7
7.3
2007
292.0
218.9
119.2
53.1
40.2
6.4
2008
285.3
216.3
119.5
53.5
37.3
6.0
2009
300.0
216.5
123.6
46.6
40.9
5.4
2010
298.2
216.4
°
°
°
°
2011
300.4
215.5
°
°
°
°
1 until 1989 former FRG territory, from 1990 Germany, from 2010 data referring to classes of insurance business not available 2 employees subject to social security contributions in primary insurance and reinsurance companies and insurance intermediation firms 3 inside staff, employed field staff and trainees, without employees in passive phase of partial retirement according to the Partial Retirement Act 4 incl. holding companies and outsourced companies 5 without Pensionskassen and pension funds Source: AGV
10
Employees in insurance companies by field of activity*
year1
total
inside staff
trainees2
employed field staff
1970
189.5
134.9
11.2
43.4
1980
202.3
152.1
10.5
39.7
numbers in 1,000
1985
197.3
147.0
13.2
37.1
1990
233.2
167.2
15.9
50.1
1991
251.9
183.6
17.1
51.2
1992
259.0
184.9
17.4
56.7
1993
255.9
181.9
17.2
56.8
1994
250.0
180.5
14.8
54.7
1995
245.6
179.2
13.3
53.1
1996
241.7
177.5
12.2
52.0
1997
239.3
175.2
12.7
51.4
1998
238.8
174.6
13.9
50.3
1999
239.6
174.0
14.8
50.8
2000
240.2
174.3
15.4
50.5
2001
245.4
178.2
15.9
51.3
2002
248.1
179.7
16.1
52.3
2003
244.3
178.1
15.2
51.0
2004
240.8
176.6
14.1
50.1
2005
233.3
171.5
13.1
48.7
2006
225.7
167.6
12.2
45.9
2007
218.9
162.9
11.7
44.3
2008
216.3
161.5
11.6
43.2
2009
216.5
160.3
12.6
43.6
2010
216.4
160.2
13.2
43.0
20113
215.5
160.4
13.3
41.8
* employees subject to social security contributions in primary insurance and reinsurance companies, without Pensionskassen and pension funds, without employees in passive phase of partial retirement according to the Partial Retirement Act 1 until 1985 former FRG territory, from 1990 Germany; as per end of year 2 Kaufleute für Versicherungen und Finanzen (insurance and finance clerks), Versicherungskaufleute (insurance clerks), general clerical occupations a.o. 3 provisional figures Source: AGV
11
Insurance intermediaries and advisers* self-employed insurance intermediaries / advisers
2008
2009
2010
2011
numbers 172,611
176,747
182,224
175,773
insurance agents with authorization2
32,484
33,771
33,829
33,083
insurance brokers
38,883
41,972
44,192
45,641
2,465
2,861
3,011
3,075
246,443
255,351
263,256
257,572
165
174
196
223
tied insurance intermediaries1
product accessory intermediaries3 insurance intermediaries, total insurance advisers4
* as per end of year, 2008: as at April 2009 1 tied agents registered by insurance companies under section 34d para. 4 GewO 2 tied agents representing one or multiple insurance companies licensed by the competent Chamber of Industry and Commerce 3 traders who mediate insurance as a supplement to the products or services provided as part of their principal activity and perform their activity as an insurance intermediary on direct behalf of one or several insurance intermediaries who have received authorization or of one or several insurance companies (section 34d para. 3 GewO) 4 traders who provide professional insurance advice without remuneration from an insurance company or being otherwise dependent on it (section 34e GewO) Source: DIHK
12
Share of distribution channels in new business in the insurance industry life insurance
1
2009
2010
health insurance
2
property & casualty insurance3,4
2009
2010
2009
2010
as % single-tied or insurance group intermediaries
44.1
42.0
44.1
48.6
47.6
47.9
36.9
35.1
29.6
32.0
42.6
42.8
as side job
1.5
1.3
1.0
1.1
3.0
2.6
employed field staff
5.7
5.6
13.5
15.5
2.0
2.5
multi-tied intermediaries
30.3
29.5
36.8
37.5
33.7
31.1
as main occupation
brokers
20.9
23.2
31.2
31.7
29.5
28.1
multiple agents
9.4
6.3
5.6
5.8
4.2
3.0
credit institutions
20.6
23.6
2.7
3.1
5.9
6.5
as single-tied intermediaries
14.9
18.5
1.9
2.0
3.8
4.2
as multi-tied intermediaries
5.7
5.1
0.8
1.1
2.1
2.3
direct selling
2.5
2.6
4.0
3.9
9.3
9.5
other
2.5
2.3
12.4
6.9
3.5
5.0
1 according to total of mediated premiums 2 according to mediated monthly premium 3 property, accident, liability, motor and legal expenses insurance 4 according to mediated annual premium Source: GDV
13 year
Development of the investments of the insurance industry* accounting year’s balance sheet values1
net new investments2
in EUR bn
in EUR bn
change against previous year as %
gross new investments in EUR bn
disinvestments
change against previous year as %
in EUR bn
change against previous year as %
19603
10.555
17.3
1.518
2.203
1.0
0.685
-16.9
1970
37.494
10.7
3.620
6.208
7.3
2.298
24.2
1975
72.385
16.1
8.224
14.992
28.0
6.450
60.7
1980
126.231
11.3
12.837
25.340
3.6
11.278
-2.6
1982
157.151
11.4
16.340
33.046
16.5
16.143
28.5
1983
173.841
10.6
18.456
38.278
15.8
19.197
18.9
1984
191.515
10.2
17.614
40.737
6.4
22.611
17.8
1985
211.946
10.7
20.117
45.823
12.5
24.800
9.7
1986
232.558
9.7
20.471
53.237
16.2
31.642
27.6
1987
252.811
8.7
20.280
60.402
13.5
37.234
17.7
1988
276.566
9.4
23.898
59.941
-0.8
35.224
-5.4
1989
298.923
8.1
25.303
63.517
6.0
36.292
3.0
1990
321.699
7.6
23.201
70.032
10.3
43.090
18.7
1991
353.518
9.9
27.097
81.872
16.9
53.357
23.8
1992
386.112
9.2
32.114
90.861
11.0
56.808
6.5
1993
425.539
10.2
39.353
111.755
23.0
71.529
25.9
1994
469.071
10.2
44.002
127.173
13.8
80.390
12.4
1995
521.448
11.2
48.962
136.466
7.3
85.877
6.8
1996
573.918
10.1
53.094
150.191
10.1
95.522
11.2
1997
630.373
9.8
54.350
161.625
7.6
105.179
10.1
1998
688.436
9.2
57.346
200.391
24.0
139.939
33.0
1999
751.493
9.2
66.667
208.785
4.2
143.520
2.6
2000
802.660
6.8
53.288
205.450
-1.6
137.147
-4.4
2001
871.529
8.6
71.682
284.509
38.5
206.910
50.9
2002
927.026
6.4
64.077
368.107
29.4
273.052
32.0
2003
981.143
5.8
54.028
350.596
-4.8
282.387
3.4
2004
1,010.280
3.0
29.068
284.862
-18.7
251.179
-11.1
2005
1,068.036
5.7
61.489
308.377
8.3
248.013
-1.3
2006
1,114.884
4.4
57.152
367.042
19.0
307.978
24.2
2007
1,151.337
3.3
39.941
375.926
2.4
330.566
7.3
2008
1,164.096
1.1
24.680
407.665
8.4
365.200
10.5
2009
1,193.930
2.6
37.965
381.510
-6.4
340.306
-6.8
2010
1,239.526
3.8
54.875
382.733
0.3
324.414
-4.7
average annual rates of change as % 1960–1970
13.5
x
9.1
10.9
x
12.9
x
1970–1980
12.9
x
13.5
15.1
x
17.2
x
1980–1990
9.8
x
6.1
10.7
x
14.3
x
1990–2000
9.6
x
8.7
11.4
x
12.3
x
2000–2010
4.4
x
0.3
6.4
x
9.0
x
* life, health, property & casualty insurers and reinsurers, without Pensionskassen and pension funds; data from BaFin’s primary insurance and reinsurance statistics 1 without deposit receivables from the insurance business assumed as reinsurance cover and investments where the investment risk is carried by policyholders (in particular from unit-linked life insurance) 2 difference between investments at the beginning and end of the year 3 property & casualty insurers without property, livestock and hail insurers and mutual ship insurance associations Source: BaFin
14
Investment portfolio of the insurance industry* type of investment
2007
2008
2009
2010
2011
in EUR bn1 bonds and debentures
865.7
912.7
955.1
989.4
97.7
53.9
44.5
41.8
36.8
136.0
139.5
128.0
135.9
142.1
real estate
34.8
34.1
34.9
36.7
39.9
other investments
51.7
53.9
50.8
52.5
31.7
1,185.8
1,194.1
1,213.2
1,256.4
1,285.5 80.5
shares participating interests
total
1,034.8
as % of investments bonds and debentures
73.0
76.4
78.7
78.8
8.2
4.5
3.7
3.3
2.9
11.5
11.7
10.5
10.8
11.1
real estate
2.9
2.9
2.9
2.9
3.1
other investments
4.4
4.5
4.2
4.2
2.5
100.0
100.0
100.0
100.0
100.0
shares participating interests
total
* without Pensionskassen and pension funds; as per end of year 1 without deposit receivables from the insurance business assumed as reinsurance cover and investments where the investment risk is carried by the policyholder (in particular from unit-linked life insurance) Source: BaFin, GDV
15
Investment portfolio of primary insurers* – in absolute figures
type of investment
2007
2008
2009
2010
2011
799.6
829.3
872.7
907.2
947.9
61.2
58.6
56.9
55.4
54.7
251.2
254.1
269.2
268.7
280.9
164.1
165.9
161.1
151.2
161.5
70.9
73.5
94.2
102.1
105.4
in EUR bn1 bonds and debentures mortgages loans loans to credit institutions loans to states loans to companies
7.5
8.4
8.5
9.7
8.8
policy loans
5.2
5.5
5.1
4.9
4.6
other
3.5
0.8
0.3
0.8
0.7
247.1
243.1
255.3
255.4
256.3
government bonds
26.3
22.5
28.2
36.2
38.3
corporate bonds
10.7
14.1
15.5
17.3
17.6
mortgage bonds
bonds and debentures included in funds
140.6
171.1
184.1
208.9
220.1
subordinated loans and profit participation rights
32.6
30.4
26.9
26.3
24.3
call money, time and fixed deposits
14.7
18.4
17.4
16.7
21.9
other bonds and debentures
15.1
17.1
19.2
22.3
33.8
82.1
44.8
33.4
34.3
30.2
directly held
12.3
8.6
4.6
4.8
3.3
held in funds
69.8
36.2
28.1
29.5
26.9
participating interests
34.1
36.2
34.3
36.6
38.2
real estate
32.3
32.2
33.0
34.7
37.3
directly held
22.0
21.1
21.1
22.2
25.2
held in funds
10.3
11.1
11.9
12.5
12.1
other investments
31.6
36.1
35.9
36.0
16.8
979.7
978.5
1,009.2
1,048.9
1,070.4
shares
total
* without Pensionskassen and pension funds; as per end of year 1 without deposit receivables from the insurance business assumed as reinsurance cover and investments where the investment risk is carried by the policyholder (in particular from unit-linked life insurance) Source: BaFin; GDV
15
Investment portfolio of primary insurers* – in percentages type of investment
2007
2008
2009
2010
2011
81.6
84.7
86.5
86.5
88.6
6.2
6.0
5.6
5.3
5.1
25.6
26.0
26.7
25.6
26.2 15.1
as %1 bonds and debentures mortgages loans
16.8
17.0
16.0
14.4
loans to states
loans to credit institutions
7.2
7.5
9.3
9.7
9.8
loans to companies
0.8
0.9
0.8
0.9
0.8
policy loans
0.5
0.6
0.5
0.5
0.4
other
0.4
0.1
0.0
0.1
0.1 23.9
mortgage bonds
25.2
24.8
25.3
24.4
government bonds
2.7
2.3
2.8
3.4
3.6
corporate bonds
1.1
1.4
1.5
1.6
1.6
14.3
17.5
18.2
19.9
20.6
bonds and debentures included in funds subordinated loans and profit participation rights
3.3
3.1
2.7
2.5
2.3
call money, time and fixed deposits
1.5
1.9
1.7
1.6
2.0
other bonds and debentures
1.5
1.7
1.9
2.1
3.2
8.4
4.6
3.3
3.3
2.8
directly held
1.3
0.9
0.5
0.5
0.3
held in funds
shares
7.1
3.7
2.8
2.8
2.5
participating interests
3.5
3.7
3.4
3.5
3.6
real estate
3.3
3.3
3.3
3.3
3.5
directly held
2.2
2.2
2.1
2.1
2.4
held in funds
1.1
1.1
1.2
1.2
1.1
other investments
3.2
3.7
3.6
3.4
1.6
100.0
100.0
100.0
100.0
100.0
total
* without Pensionskassen and pension funds; as per end of year 1 without deposit receivables from the insurance business assumed as reinsurance cover and investments where the investment risk is carried by the policyholder (in particular from unit-linked life insurance) Source: BaFin; GDV
16
Selected alternative investments of primary insurers*
type of investment
2007
2008
2009
2010
20111
in EUR bn (share in total investments as %) primary insurers, total2 private equity3
4.2 (0.4)
6.0 (0.6)
6.6 (0.6)
7.2 (0.6)
9.3 (0.8)
directly held asset-backed securities and credit-linked notes
6.5 (0.6)
6.6 (0.6)
5.6 (0.5)
5.6 (0.5)
3.9 (0.3)
asset-backed securities and creditlinked notes in funds
10.2 (0.9)
9.8 (0.9)
8.3 (0.7)
7.9 (0.7)
6.5 (0.5)
hedge funds4
5.4 (0.5)
5.8 (0.5)
5.5 (0.5)
5.5 (0.5)
5.2 (0.4)
private equity3
2.9 (0.4)
4.2 (0.6)
4.7 (0.7)
5.0 (0.7)
6.3 (0.8)
directly held asset-backed securities and credit-linked notes
5.0 (0.7)
4.9 (0.7)
4.1 (0.6)
4.2 (0.6)
3.1 (0.4)
life insurers5
asset-backed securities and creditlinked notes in funds
6.1 (0.9)
6.1 (0.9)
5.3 (0.8)
4.9 (0.7)
3.9 (0.5)
hedge funds4
3.4 (0.5)
3.6 (0.5)
3.3 (0.5)
3.2 (0.4)
2.8 (0.4)
private equity3
0.5 (0.3)
0.8 (0.5)
0.8 (0.5)
0.9 (0.5)
1.1 (0.6)
directly held asset-backed securities and credit-linked notes
0.5 (0.3)
0.5 (0.4)
0.6 (0.3)
0.5 (0.3)
0.4 (0.2)
health insurers
asset-backed securities and creditlinked notes in funds
1.0 (0.6)
1.1 (0.7)
0.8 (0.5)
0.8 (0.5)
0.7 (0.4)
hedge funds4
0.7 (0.4)
0.7 (0.4)
0.6 (0.4)
0.7 (0.4)
0.8 (0.4)
property & casualty insurers private equity3
0.6 (0.5)
0.8 (0.6)
0.9 (0.7)
1.1 (0.8)
1.6 (1.1)
directly held asset-backed securities and credit-linked notes
0.5 (0.3)
0.6 (0.4)
0.5 (0.3)
0.4 (0.3)
0.3 (0.2)
asset-backed securities and creditlinked notes in funds
2.2 (1.5)
2.0 (1.4)
1.7 (1.3)
1.8 (1.3)
1.4 (1.0)
hedge funds4
0.5 (0.4)
0.6 (0.4)
0.7 (0.5)
0.8 (0.6)
0.6 (0.4)
* as per end of year 1 provisional figures 2 incl. Pensionskassen 3 direct investment 4 investments in hedge funds and tied to hedge funds 5 without Pensionskassen and pension funds Source: BaFin
Insurance business written by German primary insurers in EEA countries, by country* business written through establishments number1
17
business written by way of freedom of services
premiums in EUR m2
number1
premiums in EUR m2
115.1
2010 life Austria
2
85.8
14
Denmark
–
–
2
6.2
France
–
–
1
0.9 2.9
Italy
–
–
3
Luxembourg
1
0.4
–
–
Netherlands
–
–
3
3.6
Sweden
–
–
1
–
United Kingdom
1
1.6
1
0.2
total of EU-15
4
87.8
25
128.9
total of EU-27
6
94.4
29
135.6
total of EEA
7
113.0
30
146.1
non-life Austria
9
76.9
25
37.0
Belgium
7
17.0
15
17.3 21.4
Denmark
2
22.6
15
Finland
–
–
7
0.8
France
11
202.7
15
27.3
Greece
2
21.1
12
2.1
Ireland
2
0.0
12
8.2 25.5
Italy
8
191.5
18
Luxembourg
3
1.8
17
8.0
Netherlands
12
22.7
16
57.7
Portugal
–
–
11
1.8
Sweden
–
–
12
11.2
Spain
6
96.2
19
29.7
United Kingdom
8
458.2
14
46.3
total of EU-15
70
1,110.7
208
294.3
total of EU-27
79
1,120.9
309
315.3
total of EEA
80
1,170.9
328
317.6
* direct business of German primary insurers written through establishment or by way of freedom of services 1 number of establishments or of insurance companies operating by way of freedom of services and carrying on actual business 2 written gross premiums Source: BaFin
18
Insurance business written by German primary insurers in EEA countries, by class of insurance* business written through establishments
insurance class
2006
2007
2008
2009
2010
premiums in EUR m1 non-life insurance
1,154.9
1,192.6
869.1
987.8
1,174.7
accident / health insurance
28.9
21.8
32.0
36.8
29.6
motor TPL insurance
11.9
11.4
11.3
11.4
11.4
9.4
9.6
10.2
11.0
12.6
fire and other property insurance
204.3
365.9
275.6
322.1
424.0
marine and aviation insurance
372.3
297.8
201.5
256.0
270.6
general liability insurance
401.4
354.4
223.3
232.6
316.1
5.7
7.2
7.2
9.2
2.4
120.9
124.5
108.0
108.5
108.0
other motor insurance
credit and surety insurance other insurance classes life insurance total of EEA
154.5
158.4
160.4
141.6
113.0
1,309.4
1,350.9
1,029.5
1,129.4
1,287.7
business written by way of freedom of services insurance class
2006
2007
2008
2009
2010
249.7
257.4
293.9
307.8
317.6
6.8
7.5
9.6
8.6
10.5
14.7
13.2
8.1
9.3
11.4
premiums in EUR m1 non-life insurance accident / health insurance motor TPL insurance other motor insurance
0.7
0.6
0.3
0.7
1.1
fire and other property insurance
29.4
36.4
47.6
54.2
47.0
marine and aviation insurance
70.5
59.2
63.9
49.9
49.6
general liability insurance
38.0
40.8
41.7
48.7
37.9
credit and surety insurance
76.9
84.0
107.1
111.0
132.3
other insurance classes
12.6
15.7
15.5
25.4
27.8
96.3
242.9
116.7
134.5
146.1
346.0
500.2
410.6
442.3
463.7
life insurance total of EEA
* direct business of German primary insurers written through establishment or by way of freedom of services within the EEA 1 written gross premiums Source: BaFin
19
Foreign-controlled German primary insurers* country of origin
total1
life insurers
health insurers
property & casualty insurers
2010 written gross premiums in EUR m (number of insurance companies) Austria
481.4
(4)
13.8
(1)
113.4
(1)
354.2
(2)
France
10,127.7
(10)
4,065.9
(3)
2,280.1
(1)
3,781.7
(6)
Italy
11,390.4
(9)
6,177.4
(3)
2,213.7
(2)
2,999.3
(4)
Netherlands
944.9
(3)
944.9
(3)
–
(–)
–
(–)
Sweden
448.3
(1)
448.3
(1)
–
(–)
–
(–)
United Kingdom
177.0
(4)
12.4
(1)
–
(–)
164.6
(3)
23,569.7
(31)
11,662.6
(12)
4,607.3
(4)
7,299.9
(15)
90.3
(1)
–
(–)
–
(–)
90.3
(1)
7,693.7
(11)
5,535.5
(6)
–
(–)
2,158.2
(5)
3.6
(1)
–
(–)
–
(–)
3.6
(1)
4,602.0
(2)
4,467.3
(1)
–
(–)
134.7
(1)
35,959.3
(46)
21,665.4
(19)
4,607.3
(4)
9,868.6
(23)
total EU Russia Switzerland USA other countries total
market share as %2 total
19.8
25.0
13.8
15.8
* German insurance companies with foreign direct or indirect majority interests over 50 %; allocation by country of origin according to majority shareholder’s headquarters 1 without Pensionskassen and pension funds 2 in terms of written gross premiums of German primary insurers Source: BaFin
20
Insurance business written by European primary insurers in Germany*
year
premiums in EUR m1 (share as %2) total
through establishments
by way of freedom of services
life 1996
214
(0.4)
155
(0.3)
59
(0.1)
1997
292
(0.6)
202
(0.4)
89
(0.2)
1998
183
(0.3)
6
(0.0)
176
(0.3)
1999
966
(1.6)
75
(0.1)
891
(1.5)
2000
1,211
(1.9)
162
(0.3)
1,049
(1.7)
2001
2,085
(3.3)
260
(0.4)
1,825
(2.8)
2002
2,768
(4.1)
379
(0.6)
2,389
(3.5)
2003
2,763
(4.0)
667
(1.0)
2,096
(3.0)
2004
4,804
(6.6)
918
(1.3)
3,885
(5.3)
2005
5,150
(6.7)
981
(1.3)
4,169
(5.4)
2006
5,251
(6.6)
927
(1.2)
4,324
(5.5)
2007
5,528
(6.9)
1,019
(1.3)
4,509
(5.6)
2008
5,158
(6.4)
999
(1.2)
4,159
(5.2)
2009
4,321
(5.1)
1,066
(1.3)
3,255
(3.9)
1996
641
(0.9)
518
(0.7)
123
(0.2)
1997
696
(1.0)
487
(0.7)
209
(0.3)
non-life
1998
710
(1.0)
502
(0.7)
208
(0.3)
1999
861
(1.2)
414
(0.6)
447
(0.6)
2000
846
(1.2)
455
(0.6)
391
(0.5)
2001
2,735
(3.5)
755
(1.0)
1,980
(2.6)
2002
1,523
(1.9)
1,043
(1.3)
479
(0.6)
2003
2,039
(2.4)
1,265
(1.5)
775
(0.9)
2004
2,032
(2.4)
1,374
(1.6)
658
(0.8)
2005
2,529
(2.9)
1,521
(1.7)
1,008
(1.2)
2006
2,829
(3.2)
1,700
(1.9)
1,128
(1.3)
2007
3,261
(3.6)
1,982
(2.2)
1,280
(1.4)
2008
3,254
(3.6)
1,960
(2.2)
1,294
(1.4)
2009
3,991
(4.2)
2,368
(2.5)
1,623
(1.7)
* primary insurance companies based in other EEA countries 1 written gross premiums, direct business 2 share in total direct business in Germany Source: BaFin
21
Insurance density and penetration of insurance year1
insurance density in EUR2
penetration of insurance as %3
1950
23
2.36
1960
80
2.91
1970
224
3.79
1980
584
4.57
1991
989
5.17
1999
1,550
6.37
2000
1,597
6.41
2001
1,639
6.43
2002
1,708
6.61
2003
1,790
6.88
2004
1,844
6.93
2005
1,916
7.10
2006
1,967
7.00
2007
1,982
6.71
2008
2,006
6.65
2009
2,096
7.22
2010
2,188
7.22
20114
2,176
6.93
1 until 1980 former FRG territory, from 1991 Germany 2 written gross premiums of primary insurers, in relation to inhabitants 3 written gross premiums of primary insurers, in relation to GDP 4 provisional figures
Source: GDV
22
Market concentration in the insurance industry individual insurers
insurance groups
market share as %1 1980
1990
2000
2005
2010
2010
life insurance 5 largest companies
37.43
33.00
30.77
33.72
38.10
48.11
10 largest companies
50.66
47.56
46.49
48.77
54.38
68.06
15 largest companies
61.37
58.20
58.27
60.05
66.02
78.75
private health insurance 5 largest companies
57.03
54.10
52.23
50.54
51.33
53.61
10 largest companies
77.72
72.88
72.06
69.66
73.32
78.01
15 largest companies
90.90
84.95
83.91
82.52
85.13
90.32
property & casualty insurance 5 largest companies
25.40
24.84
27.60
30.93
32.79
44.25
10 largest companies
37.66
37.54
39.54
42.61
46.24
62.80
15 largest companies
47.94
48.09
49.37
52.50
56.24
73.94
primary insurance, total2 5 largest companies
x
x
x
x
x
44.20
10 largest companies
x
x
x
x
x
63.43
15 largest companies
x
x
x
x
x
74.25
reinsurance 5 largest companies
69.57
71.30
72.35
75.98
88.75
°
10 largest companies
85.32
88.51
90.13
91.06
98.21
°
15 largest companies
93.98
96.73
95.77
97.25
99.65
°
1 in terms of earned gross premiums 2 a meaningful calculation of market shares based on individual insurance companies is not possible due to obligatory legal separation of life, health and property & casualty business Source: BaFin, own calculations
23
Insurance industry in comparison to other industries 2005
2006
2007
2008
2009
2010
employment in 1,0001 retail industry
1,989.2
1,983.1
1,997.3
2,030.0
2,094.1
2,097.3
engineering
996.5
1,001.7
1,028.9
1,080.6
965.6
939.2
chemical industry
446.3
442.9
447.9
449.4
320.7
314.2
building industry
1,541.4
1,530.7
1,541.6
1,534.0
1,572.2
1,605.1
IT services2
370.6
385.8
402.3
429.8
448.8
461.9
banking industry
687.5
675.7
661.5
656.5
626.8
619.2
insurance industry3
306.1
299.1
292.0
285.3
300.0
298.2
revenue in EUR bn retail industry
348.2
380.1
392.4
419.04
460.2
°
engineering
178.9
196.5
218.9
236.1
170.8
186.3
chemical industry
152.8
162.2
173.6
176.5
107.4
133.0
building industry
75.4
82.4
81.9
86.8
83.34
83.1
IT services2
61.6
63.7
68.3
73.94
76.4
°
°
°
°
°
°
°
193.7
198.0
195.2
195.9
206.1
215.0
banking industry insurance industry5
1 employees subject to social security contributions as at 30 June 2 until 2007 economic sector “data processing and databases”, from 2008 economic sector “computer programming, consultancy and related activities” 3 employees subject to social security contributions in primary insurance and reinsurance companies and insurance intermediation firms 4 due to modified classification, figures not fully comparable to previous years 5 written gross premiums of primary insurers and earned premiums of reinsurers, net of retrocession; including premium income of Pensionskassen and pension funds covered by the GDV statistics Source: BA; BaFin; GDV; StBA
24
Insurance premium tax and fire brigade tax year1
insurance premium tax tax rate as %2, 3
fire brigade tax
tax revenue in EUR m
tax rate as %4, 5
tax revenue in EUR m
1950
5
33
4
10
1955
5
72
4
13
1960
5
111
4
19
1965
5
197
4
33
1970
5
315
4
49
1975
5
586
4
96
1980
5
908
5
124
1985
5
1,266
5
182
1988
5
1,485
5
197
1989
7
2,142
5
197
1990
7
2,266
5
200
1991
106
2,997
5
227
1992
10
4,139
5
245
1993
126
4,750
5
289
1994
12
5,829
86
304
1995
15
7,211
8
389
1996
15
7,336
8
386
1997
15
7,223
8
363
1998
15
7,133
8
331
1999
15
7,116
8
308
2000
15
7,243
8
288
2001
15
7,427
8
293
2002
16
8,327
8
306
2003
16
8,870
8
328
2004
16
8,751
8
353
2005
16
8,750
8
331
2006
16
8,775
8
322
2007
19
10,331
8
319
2008
19
10,478
8
327
2009
19
10,548
8
323
2010
19
10,284
196
326
2011
19
10,755
19
365
2012
19
°
19
°
1 until 1990 former FRG territory, from 1991 Germany 2 general tax rate; particular risks/insurance classes are subject to different rates 3 taxable base is the insurance premium without insurance premium tax but incl. fire brigade tax 4 general tax rate; from 1 July 2010 the tax rate for fire insurance and fire BI is 22 % 5 taxable base is the insurance premium incl. calculated fire brigade tax but without insurance premium tax; from 1 July 2010 premiums of insurance contracts subject to fire brigade tax liability are only proportionately subject to insurance premium tax or fire brigade tax respectively 6 applicable from 1 July of the respective year Source: BMF; GDV
25
Life insurance companies* by legal form** insurance institutions under public law
other2
year
joint stock companies
mutual insurance associations1
1960
39
35
11
8
1970
39
35
11
11
1980
54
27
7
9
1990
69
25
10
6
1995
86
25
10
4
1996
86
25
10
4
1997
84
25
10
4
1998
86
24
9
4
1999
86
24
9
4
2000
86
24
9
4
2001
86
22
8
4
2002
80
21
6
4
2003
77
20
5
3
2004
78
20
4
3
2005
75
20
4
3
2006
74
20
4
3
2007
75
20
4
3
2008
74
19
4
2
2009
74
19
4
2
2010
73
18
4
2
numbers
market share as %3 1975
66.2
22.0
8.4
3.4
1980
66.1
21.6
8.7
3.6
1990
69.1
19.3
7.8
3.7
1995
71.7
18.0
7.9
2.4
1996
71.4
18.0
8.1
2.5
1997
71.4
17.9
8.2
2.4
1998
74.0
17.6
5.8
2.5
1999
74.4
17.1
5.9
2.6
2000
74.2
17.3
6.8
1.7
2001
77.6
15.4
5.2
1.8
2002
81.3
14.8
2.2
1.8
2003
83.1
13.7
1.4
1.9
2004
83.6
13.3
1.3
1.8
2005
83.4
13.5
1.3
1.9
2006
83.1
13.7
1.2
1.9
2007
83.5
13.5
1.2
1.9
2008
83.8
13.4
1.2
1.7
2009
83.6
13.4
1.2
1.8
2010
84.4
12.6
1.3
1.7
* insurance companies under German supervision carrying on actual business, without small mutual insurance associations under Land supervision mostly limited to a particular region, until 1980 only insurance companies under federal supervision ** joint stock companies that due to ownership structure are part of the public sector and joint stock companies whose shareholders are mutual insurance associations are included in joint stock companies 1 incl. small mutual insurance associations registered under section 53 VAG 2 mostly German establishments of foreign-based insurance companies, from 1995 without establishments of insurance companies based inside the EEA 3 share of legal form in gross premiums; until 1980 written gross premiums, from 1990 earned gross premiums Source: BaFin
26
Business development life insurance, Pensionskassen and pension funds* 2006
2007
2008
2009
2010
2011
new business number of contracts (m)
8.5
7.9
6.9
6.4
6.3
6.5
166.9
161.3
175.0
156.1
162.6
173.8
regular premium contracts
154.4
148.6
162.1
135.3
135.8
151.2
single premium contracts
12.5
12.7
12.9
20.8
26.8
22.6
8.1
7.9
8.4
8.1
8.5
8.6
258.7
248.0
253.8
245.3
260.1
280.4
number of contracts (m)
97.1
97.2
96.3
95.1
94.2
93.6
written gross premiums (EUR bn)2
78.5
79.0
79.6
85.2
90.4
86.8
premium sum (EUR bn)
annual premium equivalent (EUR bn)1 sum insured (EUR bn) business in force
change against previous year as % new business number of contracts premium sum
8.5
-6.4
-12.5
-8.4
-0.3
3.2
14.5
-3.4
8.5
-10.8
4.2
6.9
regular premium contracts
13.1
-3.7
9.1
-16.5
0.3
11.3
single premium contracts
35.1
1.5
1.4
61.7
29.0
-15.7
annual premium equivalent
14.0
-2.4
5.6
-3.7
5.6
0.8
8.0
-4.2
2.3
-3.3
6.0
7.8
sum insured business in force number of contracts
0.2
0.1
-1.0
-1.3
-0.9
-0.7
written gross premiums
4.3
0.7
0.8
7.1
6.0
-3.9
* beside life insurers, the GDV statistics currently cover 25 inter-company Pensionskassen and 17 pension funds (mostly new institutions established by insurers) 1 new business one year’s regular premiums plus 10 % of the single premiums Source: GDV 2 without premiums resulting from bonus and rebate provisions
27
Business development in life insurance* 2006
2007
2008
2009
2010
2011
new business number of contracts (m)
8.0
7.6
6.7
6.1
6.1
6.3
157.1
153.9
168.5
150.2
157.4
167.5
regular premium contracts
145.5
142.0
156.1
130.5
131.0
145.7
single premium contracts
11.6
11.9
12.4
19.7
26.4
21.8
7.7
7.6
8.1
7.8
8.3
8.3
251.4
243.1
249.3
241.8
256.6
276.3
premium sum (EUR bn)
annual premium equivalent (EUR bn)1 sum insured (EUR bn) business in force number of contracts (m)
94.0
93.9
92.8
91.5
90.5
89.7
written gross premiums (EUR bn)2
74.9
75.4
76.3
81.4
87.2
83.2
2.9
change against previous year as % new business number of contracts
9.5
-5.2
-12.2
-8.1
-0.2
19.5
-2.1
9.5
-10.9
4.8
6.4
regular premium contracts
18.9
-2.5
10.0
-16.4
0.4
11.2
premium sum single premium contracts
27.4
3.0
4.0
59.3
33.9
-17.4
annual premium equivalent
16.7
-1.0
6.7
-4.0
6.6
0.0
sum insured
10.4
-3.3
2.6
-3.0
6.1
7.7
-0.2
-0.1
-1.2
-1.5
-1.0
-0.9
3.1
0.8
1.2
6.6
7.1
-4.6
business in force number of contracts written gross premiums
* without Pensionskassen and pension funds • 1 new business one year’s regular premiums plus 10 % of the single premiums • 2 without premiums resulting from bonus and rebate provisions Source: GDV
28
Business development of Pensionskassen* 2006
2007
2008
2009
2010
2011
332.5
256.5
222.1
176.8
173.8
194.2
new business number of contracts (in 1,000) premium sum (EUR m)
8,570.4 6,354.1 5,699.2 4,618.2 4,549.8 5,383.1
regular premium contracts
8,405.2 6,211.4 5,573.5 4,486.8 4,438.1 5,264.6
single premium contracts annual premium equivalent (EUR m)1 sum insured (EUR m)
165.2
142.7
125.7
131.4
111.7
118.5
352.7
251.5
217.7
172.2
174.6
202.6
7,328.7 4,909.6 4,455.2 3,523.2 3,511.7 4,097.6
business in force number of contracts (in 1,000)
2,907.6 3,070.5 3,193.9 3,286.4 3,380.4 3,500.1
written gross premiums (EUR m)2
2,752.2 2,820.5 2,826.0 2,821.3 2,787.0 2,810.6
change against previous year as % new business number of contracts
-27.5
-22.9
-13.4
-20.4
-1.7
11.7
premium sum
-38.0
-25.9
-10.3
-19.0
-1.5
18.3
regular premium contracts
-38.7
-26.1
-10.3
-19.5
-1.1
18.6
single premium contracts
43.6
-13.9
-11.9
4.6
-15.0
6.0
annual premium equivalent
-33.0
-28.7
-13.4
-20.9
1.4
16.0
sum insured
-37.9
-33.0
-9.3
-20.9
-0.3
16.7
9.0
5.6
4.0
2.9
2.9
3.5
10.2
2.5
0.2
-0.2
-1.2
0.8
business in force number of contracts written gross premiums
* the GDV statistics currently cover 25 inter-company Pensionskassen (mostly new institutions established by insurers) 1 new business one year’s regular premiums plus 10 % of the single premiums Source: GDV 2 without premiums resulting from bonus and rebate provisions
29
Business development of pension funds* 2006
2007
2008
2009
2010
2011
new business number of contracts (in 1,000)
108.0
premium sum (EUR m)
55.4
1,195.2 1,055.4
29.8
30.8
31.8
713.9 1,262.0
25.6
625.7
939.2
regular premium contracts
434.1
429.9
365.1
331.0
333.9
264.3
single premium contracts
761.1
625.5
348.8
931.0
291.8
674.9
95.1
79.0
48.8
107.2
43.1
77.8
annual premium equivalent (EUR m)1 business in force number of contracts (in 1,000)
185.0
238.0
262.2
289.1
317.0
344.1
written gross premiums (EUR m)2
831.4
712.0
453.7 1,055.5
409.2
798.7
change against previous year as % new business number of contracts
537.1
-48.7
-53.7
16.1
3.5
3.1
premium sum
168.4
-11.7
-32.4
76.8
-50.4
50.1
regular premium contracts
10.4
-1.0
-15.1
-9.3
0.9
-20.8
single premium contracts
1,361.1
-17.8
-44.2
166.9
-68.7
131.3
annual premium equivalent
349.3
-16.9
-38.2
119.5
-59.8
80.6
business in force number of contracts
143.7
28.7
10.1
10.3
9.6
8.6
written gross premiums
649.0
-14.4
-36.3
132.6
-61.2
95.2
* the GDV statistics currently cover 17 pension funds (mostly new institutions established by insurers) 1 new business one year’s regular premiums plus 10 % of the single premiums 2 without premiums resulting from bonus and rebate provisions Source: GDV
30
Premium income in life insurance* year
life insurance1 in EUR m
Pensionskassen/ pension funds2
change against previous year as %
in EUR m
change against previous year as %
total in EUR m
change against previous year as %
1975
8,218
7.7
–
x
8,218
7.7
1980
13,215
8.8
–
x
13,215
8.8
1981
14,294
8.2
–
x
14,294
8.2
1982
15,202
6.4
–
x
15,202
6.4
1983
16,633
9.4
–
x
16,633
9.4
1984
17,333
4.2
–
x
17,333
4.2
1985
18,385
6.1
–
x
18,385
6.1
1986
19,669
7.0
–
x
19,669
7.0
1987
21,222
7.9
–
x
21,222
7.9
1988
23,102
8.9
–
x
23,102
8.9
1989
25,027
8.3
–
x
25,027
8.3
1990
27,403
9.5
–
x
27,403
9.5
1991
31,098
13.5
–
x
31,098
13.5
1992
34,489
10.9
–
x
34,489
10.9
1993
38,514
11.7
–
x
38,514
11.7
1994
42,416
10.1
–
x
42,416
10.1
1995
45,201
6.6
–
x
45,201
6.6
1996
47,494
5.1
–
x
47,494
5.1
19973
50,500
4.8
–
x
50,500
4.8
1998
52,505
4.0
–
x
52,505
4.0
1999
58,749
11.9
–
x
58,749
11.9
2000
61,225
4.2
–
x
61,225
4.2
2001
62,387
1.9
178
x
62,565
2.2
2002
65,018
4.2
283
59.0
65,301
4.4
2003
67,618
4.0
956
238.0
68,574
5.0
2004
68,399
1.2
1,944
103.3
70,343
2.6
2005
72,636
6.2
2,608
34.1
75,244
7.0
2006
74,872
3.1
3,583
37.4
78,455
4.3
2007
75,434
0.8
3,533
-1.4
78,967
0.7
2008
76,306
1.2
3,279
-7.1
79,585
0.8
2009
81,371
6.6
3,877
18.2
85,248
7.1
2010
87,159
7.1
3,196
-17.6
90,355
6.0
2011
83,188
-4.6
3,610
12.9
86,798
-3.9
average annual rates of change as % 1980–1990
7.6
x
x
x
7.6
1990–2000
8.4
x
x
x
8.4
x x
2000–20104
3.6
x
37.9
x
4.0
x
* written gross premiums without premiums resulting from bonus and rebate provisions 1 without Pensionskassen and pension funds 2 the GDV statistics currently cover 25 inter-company Pensionskassen and 17 pension funds (mostly new institutions established by insurers) 3 as at 1 January 1998 a major insurance portfolio was transferred from a non-member to a member company, the 1997 reference figures have been adjusted accordingly, the growth rate refers to gross premiums in 1997 without portfolio transfer 4 Pensionskassen and pension funds: 2001–2010 Source: GDV
31 year
Life insurance premiums incl. Pensionskassen and pension funds* – regular and single premiums** regular premiums1
in EUR bn
single premiums2
change against previous year as %
in EUR bn
change against previous year as %
total
in EUR bn
share of single premiums2
change against previous year as %
as %
2002
58.131
4.3
7.170
7.4
65.301
4.7
11.0
2003
60.222
3.6
8.352
16.5
68.574
5.0
12.2
2004
62.401
3.6
7.942
-4.9
70.343
2.6
11.3
2005
65.844
5.5
9.400
18.3
75.244
7.0
12.5
2006
65.751
-0.1
12.704
35.2
78.455
4.3
16.2
2007
66.091
0.5
12.876
1.4
78.967
0.7
16.3
2008
66.445
0.5
13.140
2.1
79.585
0.8
16.5
2009
64.255
-3.3
20.993
59.8
85.248
7.1
24.6
2010
63.324
-1.5
27.031
28.8
90.355
6.0
29.9
2011
63.915
0.9
22.883
-15.3
86.798
-3.9
26.4
* life insurance incl. Pensionskassen and pension funds; the GDV statistics currently cover 25 intercompany Pensionskassen and 17 pension funds (mostly new institutions established by insurers) ** in each case written gross premiums without premiums resulting from bonus and rebate provisions 1 2002 incl. single premiums from supplementary insurance in life insurance without Pensionskassen and pension funds 2 single premiums for pension funds from new business; 2002 without single premiums from supplementary insurance in life insurance without Pensionskassen and pension funds Source: GDV
32
Life insurance premiums* incl. Pensionskassen and pension funds – by type of business group insurance
supplementary insurance2
year
endowment insurance
unit-linked endowment and annuity insurance
2001
55.6
5.7
22.1
11.1
5.5
2002
52.6
7.3
22.5
11.4
6.1
2003
46.3
8.4
25.5
13.1
6.7
2004
44.0
9.4
27.4
12.3
6.9
2005
41.6
10.4
28.6
12.4
6.9
2006
38.3
11.7
31.5
11.9
6.6
2007
36.5
13.3
30.8
12.6
6.8
2008
35.5
14.5
30.7
12.2
7.0
2009
34.8
13.3
33.3
12.0
6.7
2010
32.2
13.0
35.4
12.9
6.4
2011
30.8
13.9
35.4
12.7
7.2
annuities and pension insurance1
share as %3
* life insurance incl. Pensionskassen and pension funds; the GDV statistics currently cover 25 intercompany Pensionskassen and 17 pension funds (mostly new institutions established by insurers) 1 incl. occupational disability and long-term care insurance 2 from 2004 supplementary insurance of Pensionskassen on a pro rata basis 3 in terms of written gross premiums of direct business Source: GDV
33
Life insurance premiums* – regular and single premiums** year
regular premiums1
in EUR bn
change against previous year as %
single premiums2
in EUR bn
change against previous year as %
total3
in EUR bn
share of single premiums2
change against previous year as %
as %
1976
8.604
8.3
0.364
34.2
8.970
9.2
4.1
1977
9.426
9.5
0.576
58.5
10.004
11.5
5.8
1978
10.434
10.7
0.515
-10.6
10.951
9.5
4.7
1979
11.559
10.8
0.589
14.3
12.150
11.0
4.8
1980
12.634
9.3
0.579
-1.7
13.215
8.8
4.4
1981
13.701
8.4
0.591
2.1
14.294
8.2
4.1
1982
14.553
6.2
0.647
9.5
15.202
6.4
4.3
1983
15.487
6.4
1.144
76.8
16.633
9.4
6.9
1984
16.487
6.5
0.844
-26.2
17.333
4.2
4.9
1985
17.557
6.5
0.827
-2.1
18.386
6.1
4.5
1986
18.724
6.6
0.945
14.3
19.669
7.0
4.8
1987
20.011
6.9
1.211
28.1
21.222
7.9
5.7
1988
21.636
8.1
1.466
21.0
23.102
8.9
6.3
1989
23.594
9.0
1.433
-2.3
25.027
8.3
5.7
1990
26.022
10.3
1.381
-3.6
27.403
9.5
5.0
1991
29.653
14.0
1.445
4.6
31.098
13.5
4.6
1992
32.620
10.0
1.869
29.3
34.489
10.9
5.4
1993
35.724
9.5
2.790
49.3
38.514
11.7
7.2
1994
39.019
9.2
3.398
21.8
42.416
10.1
8.0
1995
41.223
5.6
3.978
17.1
45.201
6.6
8.8 8.6
1996
43.394
5.3
4.100
3.0
47.494
5.1
19974
46.089
4.6
4.411
7.1
50.500
4.8
8.7
1998
47.556
3.2
4.949
12.2
52.505
4.0
9.4
1999
51.501
8.3
7.248
46.5
58.749
11.9
12.3
2000
54.444
5.7
6.781
-6.4
61.225
4.2
11.1
2001
55.714
2.3
6.674
-1.6
62.387
1.9
10.7
2002
57.895
3.9
7.122
6.7
65.018
4.2
11.0
2003
59.374
2.6
8.244
15.8
67.618
4.0
12.2
2004
60.673
2.2
7.726
-6.3
68.399
1.2
11.3
2005
63.419
4.5
9.217
19.3
72.636
6.2
12.7
2006
63.125
-0.5
11.747
27.5
74.872
3.1
15.7
2007
63.345
0.4
12.089
2.9
75.434
0.8
16.0
2008
63.643
0.5
12.663
4.8
76.306
1.2
16.6
2009
61.449
-3.4
19.922
57.3
81.371
6.6
24.5
2010
60.539
-1.5
26.620
33.6
87.159
7.1
30.5
2011
61.104
0.9
22.084
-17.0
83.188
-4.6
26.5
* without Pensionskassen and pension funds ** in each case written gross premiums without premiums resulting from bonus and rebate provisions 1 until 2003 incl. single premiums from supplementary insurance 2 until 2003 only single premiums under main insurance contracts 3 until 1986 incl. additional charges of policyholders 4 as at 1 January 1998 a major insurance portfolio was transferred from a non-member to a member company, the 1997 reference figures have been adjusted accordingly, the growth rate refers to gross premiums in 1997 without portfolio transfer Source: GDV
34
Life insurance premiums* – by type of business
year
endowment insurance
unit-linked endowment and annuity insurance
group insurance2
supplementary insurance
1976
84.7
0.5
1977
84.7
0.5
4.1
6.7
4.0
3.9
6.8
1978
84.1
4.1
0.4
3.9
7.4
1979
4.2
84.3
0.4
3.7
7.2
4.4
1980
83.9
0.4
3.7
7.5
4.5
1981
83.8
0.4
3.5
7.6
4.7
1982
83.5
0.4
3.7
7.6
4.8
1983
81.1
0.3
6.6
7.2
4.8
1984
83.1
0.4
4.1
7.3
5.1
1985
83.3
0.3
4.0
7.1
5.3
1986
83.0
0.3
4.2
7.1
5.4
1987
82.4
0.5
4.7
7.0
5.4
1988
81.8
0.6
5.1
7.1
5.4
1989
82.2
0.7
4.7
7.0
5.4
1990
82.0
1.0
4.8
6.8
5.4
1991
81.4
1.4
5.1
6.7
5.4
1992
79.5
1.7
6.8
6.7
5.3
1993
76.1
1.9
10.1
6.7
5.2
1994
72.5
2.0
12.4
7.9
5.2
1995
70.0
2.2
14.0
8.6
5.2
1996
68.4
2.5
14.7
9.1
5.3
19974
66.2
2.4
16.4
9.6
5.4
1998
63.4
2.9
18.1
10.1
5.5
1999
57.7
3.7
22.8
10.4
5.4
2000
55.6
5.7
22.1
11.1
5.5
2001
52.7
7.3
22.4
11.5
6.1
2002
49.8
8.2
23.6
11.8
6.6
2003
47.0
8.6
24.4
13.3
6.7
2004
45.3
9.6
25.5
12.6
7.0
2005
43.1
10.8
26.2
12.8
7.1
2006
40.1
12.3
28.4
12.4
6.8
2007
38.3
13.9
27.6
13.2
7.0
2008
37.0
15.1
27.9
12.8
7.2
2009
36.5
13.9
30.1
12.6
6.9
2010
33.5
13.4
33.2
13.3
6.6
2011
32.2
14.5
32.7
13.2
7.4
annuities and pension insurance1
share as %3
* without Pensionskassen and pension funds 1 incl. occupational disability and long-term care insurance 2 from 1994 group insurance includes individual policies subject to a rebate which previously were recorded under the heading of individual endowment insurance 3 in terms of written gross premiums of direct business 4 as at 1 January 1998 a major insurance portfolio was transferred from a non-member to a member company, the 1997 reference figures have been adjusted accordingly; a comparison with 1996 figures is not meaningful Source: GDV
35
New business in life insurance* by type of business 1995
2000
2005
2009
2010
2011
567.0
numbers in 1,000 individual insurance contracts endowment insurance unit-linked endowment insurance1 unit-linked annuities
2,768.5
1,486.5
962.4
562.8
561.3
220.1
1,281.7
391.8
169.7
156.7
140.8
°
°
857.0
1,135.5
982.0
937.7
term insurance
603.9
649.4
738.7
732.8
706.0
689.5
annuities and pension insurance
727.7
961.8
1,868.7
1,370.1
1,506.1
1,573.7
occupational disability insurance
458.6
38.8
184.4
323.6
374.0
403.3
long-term care insurance
4.2
0.1
5.3
11.7
14.0
17.0
other individual insurance2
6.8
6.1
73.0
244.2
309.1
311.2
group insurance contracts endowment insurance
473.9
468.3
391.8
183.8
180.9
168.1
term insurance linked to building loans
585.9
544.3
290.2
285.0
239.8
232.2
1,183.7
1,481.2
1,103.5
670.6
517.4
568.8
140.2
238.0
331.0
405.1
554.2
644.9
6,753.7
7,301.8
7,337.0
6,145.4
6,130.8
6,309.6
9.0
residual debt insurance other group insurance total of new business
share as % individual insurance contracts endowment insurance unit-linked endowment insurance1 unit-linked annuities term insurance annuities and pension insurance
41.0
20.3
13.1
9.1
9.2
3.2
17.5
5.3
2.8
2.6
2.2
°
°
11.7
18.5
16.0
14.9
8.9
8.9
10.1
11.9
11.5
10.9
10.8
13.2
25.5
22.3
24.6
24.9
occupational disability insurance
0.6
2.5
4.4
6.1
6.6
7.3
long-term care insurance
0.1
0.0
0.1
0.2
0.2
0.3
0.1
0.1
0.9
4.0
5.0
4.9
other individual insurance2
group insurance contracts endowment insurance
7.0
6.4
5.3
3.0
3.0
2.7
term insurance linked to building loans
8.7
7.5
4.0
4.6
3.9
3.7
residual debt insurance
17.5
20.3
15.1
10.9
8.4
9.0
other group insurance
2.1
3.3
4.5
6.6
9.0
10.2
100.0
100.0
100.0
100.0
100.0
100.0
total of new business
* without Pensionskassen and pension funds; policies with first premium paid 1 1995 and 2000 incl. unit-linked annuities 2 life insurance contracts without profit participation, tontine and capital redemption operations a.o. Source: GDV
36 year
Riester pensions* – business in force and new business number of contracts
regular premium for one year
in 1,000
sum insured or 12 times the amount of the annual pension in EUR m
business in force 2001
415.8
86.7
2,631.0
2002
2,936.8
465.7
14,410.4
2003
3,352.0
532.8
16,593.6
2004
3,472.6
950.0
24,832.5
2005
4,418.7
1,291.5
32,593.0
2006
6,245.9
2,503.3
58,809.1
2007
8,042.0
3,333.3
77,114.6
2008
9,131.3
4,628.1
104,875.5
2009
9,825.8
5,041.0
113,515.4
2010
10,318.6
5,025.6
122,269.6
2011
10,818.6
5,351.9
132,328.3
change against previous year as % 2003
14.1
14.4
15.2
2004
3.6
78.3
49.7
2005
27.2
36.0
31.3
2006
41.4
93.8
80.4
2007
28.8
33.2
31.1
2008
13.5
38.8
36.0
2009
7.6
8.9
8.2
2010
5.0
-0.3
7.7
2011
4.8
6.5
8.2 12,886.4
new business1 2002
2,569.8
420.8
2003
521.4
121.3
3,494.2
2004
295.8
533.5
11,624.2
2005
1,119.1
450.6
10,150.3
2006
2,012.0
1,392.5
30,663.3
2007
2,067.1
1,101.3
24,600.5
2008
1,569.8
1,887.4
40,217.1
2009
1,159.8
987.0
21,514.9
2010
981.6
817.1
20,864.4
2011
946.4
829.6
21,595.9
* life insurance policies eligible for subsidy under section 82(1) and (2) EStG 1 policies with first premium paid; regular premium for one year and sum insured including adjustments of contracts in force on account of increase in state subsidy (2004, 2006, 2008) Source: GDV
Basisrenten* – business in force and new business year
number of contracts
regular premium for one year
in 1,000
37
sum insured or 12 times the amount of the annual pension in EUR m
business in force 2005
147.8
219.8
3,832.6
2006
295.8
542.4
8,829.0
2007
608.1
1,255.8
2,431.5
2008
862.8
1,762.9
30,375.3
2009
1,080.0
2,122.0
36,354.0
2010
1,277.2
2,416.8
41,775.2
2011
1,486.1
2,757.9
47,630.3
change against previous year as % 2006
100.1
146.8
130.4
2007
105.6
131.5
131.4
2008
41.9
40.4
48.7
2009
25.2
20.4
19.7
2010
18.3
13.9
14.9
2011
16.4
14.1
14.0
2005
153.2
221.2
3,885.5
2006
173.7
358.9
5,769.9
2007
317.8
730.4
11,675.4
new business1
2008
284.3
657.6
11,371.6
2009
234.1
542.1
9,365.2
2010
218.2
517.2
8,751.9
2011
211.3
548.1
9,011.0
* life insurance policies eligible for tax breaks under section 10(1) para. 2b EStG 1 policies with first premium paid Source: GDV
38
Occupational pensions: direct insurance and reinsurance business in force direct insurance contracts sum insured in EUR bn
reinsurance contracts
year
numbers in m
numbers in m
sum insured in EUR bn
1974
1.34
7.13
°
°
1980
2.41
27.91
°
°
1990
3.83
67.86
°
°
1991
4.14
76.88
°
°
1992
4.43
88.03
°
°
1993
4.64
95.92
°
°
1994
4.78
102.79
°
°
1995
4.68
104.55
°
°
1996
5.12
117.69
°
°
1997
5.26
122.60
1.11
50.49
1998
5.39
129.68
1.08
53.96
1999
5.73
143.27
1.14
58.34
2000
5.80
148.01
1.33
66.12
2001
5.90
151.50
1.50
77.20 86.31
2002
5.83
153.15
1.80
2003
5.82
153.73
2.03
89.55
2004
5.94
158.39
2.18
91.03
2005
5.86
157.01
2.27
92.02
2006
6.02
162.47
2.36
91.11 95.06
2007
6.17
166.78
2.37
2008
6.40
173.35
2.50
97.65
2009
6.58
178.36
2.61
100.34
2010
6.75
183.38
2.76
104.29
2011
7.11
192.87
2.86
109.02
Source: GDV
39
Supplementary insurance business in force in life insurance* year
number of contracts in m (share as %) total
supplementary accident insurance
supplementary disability insurance
supplementary term insurance
other supplementary insurance
1990
39.2
29.1
(74.2)
8.5
(21.6)
0.7
(1.8)
0.9
(2.4)
1995
39.8
25.9
(65.0)
10.6
(26.5)
1.3
(3.4)
2.0
(5.1)
1996
39.2
24.8
(63.3)
10.7
(27.3)
1.4
(3.7)
2.3
(5.7)
1997
41.2
25.8
(62.6)
11.2
(27.2)
1.8
(4.3)
2.4
(5.9)
1998
40.3
24.3
(60.4)
11.6
(28.7)
1.8
(4.5)
2.6
(6.4)
1999
40.2
22.7
(56.6)
12.8
(31.8)
1.9
(4.7)
2.8
(6.9)
2000
39.1
21.2
(54.3)
12.9
(33.0)
2.0
(5.1)
3.0
(7.6)
2001
39.0
19.9
(51.1)
13.8
(35.3)
2.1
(5.4)
3.2
(8.2)
2002
38.5
18.6
(48.4)
14.2
(36.9)
2.0
(5.2)
3.7
(9.5)
2003
38.2
17.4
(45.6)
14.8
(38.8)
2.2
(5.6)
3.8
(10.0)
2004
37.8
16.1
(42.6)
15.4
(40.7)
2.5
(6.7)
3.8
(10.0)
2005
36.6
15.0
(40.9)
15.2
(41.6)
2.7
(7.3)
3.7
(10.2)
2006
35.5
13.9
(39.2)
15.1
(42.6)
2.8
(7.9)
3.7
(10.3)
2007
34.3
12.9
(37.7)
14.9
(43.4)
3.0
(8.6)
3.5
(10.3) (10.0)
2008
32.7
11.9
(36.5)
14.5
(44.3)
3.0
(9.2)
3.3
2009
31.2
11.0
(35.3)
14.1
(45.3)
3.0
(9.7)
3.0
(9.7)
2010
30.0
10.2
(34.1)
13.8
(46.0)
3.1
(10.2)
2.9
(9.7)
2011
29.4
9.5
(32.2)
13.8
(47.1)
3.1
(10.5)
3.0
(10.2)
year
sum insured in EUR bn (share as %) total
supplementary accident insurance
supplementary disability insurance
supplementary term insurance
other supplementary insurance
1990
629.0
290.6
(46.2)
310.4
(49.3)
11.8
(1.9)
16.2
(2.6)
1995
899.0
329.5
(36.6)
491.5
(54.7)
27.8
(3.1)
50.2
(5.6)
1996
942.1
328.2
(34.8)
524.0
(55.7)
31.4
(3.3)
58.4
(6.2)
1997
1,004.4
334.4
(33.3)
571.1
(56.9)
35.6
(3.5)
63.3
(6.3)
1998
1,041.6
329.5
(31.6)
607.6
(58.3)
37.4
(3.6)
67.1
(6.5)
1999
1,119.2
327.3
(29.3)
673.0
(60.1)
43.4
(3.9)
75.5
(6.7)
2000
1,143.0
314.4
(27.5)
704.9
(61.7)
42.7
(3.7)
81.0
(7.1)
2001
1,222.3
302.2
(24.7)
790.2
(64.7)
44.0
(3.6)
85.9
(7.0)
2002
1,282.1
289.8
(22.6)
846.4
(66.0)
44.9
(3.5)
101.0
(7.9)
2003
1,347.7
281.7
(20.9)
909.5
(67.5)
49.0
(3.6)
107.5
(8.0)
2004
1,403.7
271.9
(19.4)
968.9
(69.0)
56.0
(4.0)
106.9
(7.6)
2005
1,391.5
259.0
(18.6)
970.5
(69.8)
57.5
(4.1)
104.5
(7.5)
2006
1,394.5
246.6
(17.7)
989.8
(71.0)
58.5
(4.2)
99.6
(7.1)
2007
1,388.1
235.4
(16.9)
1,003.4
(72.3)
59.7
(4.3)
89.6
(6.5)
2008
1,368.1
224.2
(16.4)
1,002.2
(73.2)
59.6
(4.4)
82.1
(6.0)
2009
1,357.9
211.5
(15.6)
1,013.3
(74.6)
58.3
(4.3)
74.8
(5.5)
2010
1,371.0
202.2
(14.8)
1,023.6
(74.7)
59.2
(4.3)
86.0
(6.2)
2011
1,387.9
192.6
(13.9)
1,040.4
(74.9)
59.5
(4.3)
95.4
(6.9)
* without Pensionskassen and pension funds Source: GDV
40 year
Benefits in life insurance* benefits, total
in EUR m
cash benefits paid to policy holders
change against previous year as %
in EUR m
increase in liabilities towards policyholders
change against previous year as %
in EUR m
1985
25,182
9.9
11,295
8.7
13,887
1990
34,909
2.9
17,888
11.1
17,021
1991
39,598
13.4
20,004
11.8
19,594
1992
44,701
12.9
21,785
8.9
22,916
1993
50,368
12.7
24,320
11.6
26,048
1994
55,026
9.2
27,685
13.8
27,341
1995
61,743
12.2
30,817
11.3
30,926
1996
65,863
6.7
33,269
8.0
32,594
19971
71,134
x
36,960
x
34,174
1998
76,835
8.0
40,226
8.8
36,609
1999
84,050
9.4
44,442
10.5
39,608
2000
88,080
4.8
49,405
11.2
38,675
2001
81,260
-7.7
52,340
5.9
28,920
2002
75,184
-7.5
56,244
7.5
18,940
2003
84,709
12.7
65,233
16.0
19,476
2004
81,622
-3.6
64,418
-1.2
17,204
2005
94,624
15.9
64,007
-0.6
30,617
2006
95,378
0.8
66,462
3.8
28,916 24,708
2007
90,869
-4.7
66,161
-0.5
2008
70,779
-22.1
71,876
8.6
-1,097
2009
104,646
47.8
71,195
-0.9
33,451
2010
107,361
2.6
71,915
1.0
35,446
2011
92,239
-14.1
84,328
17.3
7,911
average annual rates of change as % 1985–1990
6.8
x
9.6
x
x
1990–2000
9.7
x
10.7
x
x
2000–2010
2.1
x
3.9
x
x
* without Pensionskassen and pension funds 1 as at 1 January 1998 a major insurance portfolio was transferred from a non-member to a member company, the 1997 reference figures have been adjusted accordingly; a comparison with 1996 figures is not meaningful Source: GDV
41
Cash benefits paid in life insurance* breakdown of cash benefits
2010
2011
in EUR m share as % in EUR m share as %
change against previous year as %
total expenditures on benefits paid
50,422.2
70.1
61,662.4
73.2
22.3
capital sums payable under main insurance contracts
41,084.6
57.1
52,481.3
62.3
27.7
3,731.6
9.1
3,897.6
7.4
4.4
142.3
0.3
165.4
0.3
16.3
37,210.7
90.6
48,418.3
92.3
30.1
5,343.1
7.4
5,712.8
6.8
6.9
193.1
0.3
195.7
0.2
1.4
1,977.4
2.8
2,019.4
2.4
2.1
due as a result of death disability, marriage or other events maturity annuities payable under main contracts capital sums payable under supplementary contracts annuities payable under supplementary contracts other expenditure on insurance benefits benefits paid prior to maturity profit shares distributed1 total of cash benefits paid to policyholders
1,824.0
2.5
1,253.2
1.5
-31.3
12,990.0
18.1
13,950.5
16.5
7.4
8,502.7
11.8
8,715.0
10.3
2.5
71,914.9
100.0
84,327.9
100.0
17.3
* without Pensionskassen and pension funds 1 distributed profit shares, terminal bonuses, supplementary death benefits and similar benefit components, unless already included into the headings mentioned above, e.g. when profit shares are used to increase the sum insured Source: GDV
42
Investment portfolio of life insurance companies* – in absolute figures
type of investment
2007
2008
2009
2010
2011
573.0
588.2
616.3
639.6
663.2
56.5
54.0
52.2
50.6
49.6
171.3
172.4
181.3
181.3
189.8
107.7
107.6
103.1
95.9
105.0
54.0
54.1
67.4
73.0
73.4
loans to companies
3.4
4.8
5.7
6.9
6.3
policy loans
5.2
5.5
5.0
4.9
4.6
in EUR bn1 bonds and debentures mortgages loans loans to credit institutions loans to states
other mortgage bonds government bonds
1.1
0.4
0.2
0.6
0.5
178.3
173.4
181.3
179.1
176.6
20.9
16.8
20.7
25.9
27.3
8.1
10.2
10.3
12.0
11.8
bonds and debentures included in funds
96.6
118.7
129.9
149.4
156.4
subordinated loans and profit participation rights
22.6
20.6
18.1
17.6
16.1
7.8
9.7
9.2
8.5
12.1
10.8
12.5
13.2
15.2
23.5
59.4
32.2
22.5
23.4
21.2
directly held
9.7
7.0
4.2
3.7
2.4
held in funds
49.7
25.2
18.3
19.7
18.8
participating interests
16.6
17.8
16.7
17.2
18.5
real estate
23.8
23.6
23.9
25.4
27.2
directly held
15.7
15.1
14.8
16.1
18.5
held in funds
8.1
8.5
9.1
9.3
8.7
other investments
23.6
27.4
28.0
28.7
12.5
696.5
689.1
707.4
734.4
742.7
corporate bonds
call money, time and fixed deposits other bonds and debentures shares
total for information: equity capital liabilities towards policyholders3 net return on investment as %
11.72
12.0
11.2
11.6
12.0
668.6
677.0
697.0
721.6
730.6
4.7
3.5
4.2
4.3
4.1
* without Pensionskassen and pension funds; as per end of year 1 without deposit receivables from the insurance business assumed as reinsurance cover and investments where the investment risk is carried by policyholders (in particular from unit-linked insurance) 2 not comparable to previous year’s figure; decrease in equity capital is due to change in reporting standards in accordance with the German Accounting Law Modernisation Act 3 without liabilities where the investment risk is carried by policyholders (in particular from unitlinked insurance) Source: BaFin; GDV
42
Investment portfolio of life insurance companies* – in percentages type of investments
2007
2008
2009
2010
2011
82.3
85.3
87.1
87.1
89.3
8.1
7.8
7.4
6.9
6.7
24.6
25.0
25.6
24.7
25.6 14.1
as %1 bonds and debentures mortgages loans
15.5
15.6
14.6
13.1
loans to states
loans to credit institutions
7.7
7.8
9.5
9.9
9.9
loans to companies
0.5
0.7
0.8
0.9
0.8
policy loans
0.7
0.8
0.7
0.7
0.6
other
0.2
0.1
0.0
0.1
0.1 23.8
mortgage bonds
25.6
25.2
25.6
24.4
government bonds
3.0
2.4
2.9
3.5
3.7
corporate bonds
1.2
1.5
1.5
1.6
1.6
13.9
17.2
18.4
20.3
21.1
bonds and debentures included in funds subordinated loans and profit participation rights
3.2
3.0
2.6
2.4
2.2
call money, time and fixed deposits
1.1
1.4
1.3
1.2
1.6
other bonds and debentures
1.5
1.8
1.9
2.1
3.2
8.5
4.7
3.2
3.2
2.9
directly held
1.4
1.0
0.6
0.5
0.3
held in funds
shares
7.1
3.7
2.6
2.7
2.5
participating interests
2.4
2.6
2.4
2.3
2.5
real estate
3.4
3.4
3.4
3.5
3.7
directly held
2.3
2.2
2.1
2.2
2.5
held in funds
1.2
1.2
1.3
1.3
1.2
other investments
3.4
4.0
4.0
3.9
1.7
100.0
100.0
100.0
100.0
100.0
total
* without Pensionskassen and pension funds; as per end of year 1 without deposit receivables from the insurance business assumed as reinsurance cover and investments where the investment risk is carried by policyholders (in particular from unit-linked insurance) Source: BaFin; GDV
43
Long-term business development of Pensionskassen* 1970
written gross premiums (EUR m) gross claims incurred (EUR m) investment portfolio (EUR bn)2
1980
1990
20001
2005
539.6
1,496.3
2,866.0
1,952.3
5,376.4
328.3
689.7
2,046.2
2,431.0
3,113.8
°
16.5
35.2
69.0
86.3
1,922.5
2,202.2
2,556.8
2,402.2
5,473.9
262.0
387.3
615.7
906.2
1,038.1
91.1
109.6
107.5
134.4
139.1
pension insurance contracts in force (numbers in 1,000)2 future beneficiaries disabled and old age pensioners surviving dependants
2006
2007
2008
2009
2010
written gross premiums (EUR m)
5,571.1
5,435.9
6,128.7
5,897.9
5,858.5
gross claims incurred (EUR m)
3,245.7
3,380.3
3,565.7
3,675.3
3,657.9
investment portfolio (EUR bn)2
92.2
98.4
103.1
107.3
108.9
pension insurance contracts in force (numbers in 1,000)2 future beneficiaries
5,746.3
5,994.2
6,167.3
6,336.2
6,536.7
disabled and old age pensioners
1,045.7
1,056.5
1,065.8
1,051.4
1,039.5
141.9
144.7
147.6
140.9
139.8
surviving dependants
* Pensionskassen under federal supervision 1 the figures for the years from 2000 are not comparable to figures for previous years (in particular due to changes regarding the companies included in the statistics) 2 as per end of year Source: BaFin
Health insurance companies* by legal form** year
joint stock c ompanies
mutual insurance associations1
insurance institutions under public law
44 other2
numbers 1960
7
90
–
–
1970
8
57
–
–
1980
10
39
–
–
1990
18
37
1
–
1995
28
29
–
–
1996
28
29
–
–
1997
28
27
–
–
1998
30
27
–
–
1999
30
24
–
–
2000
31
24
–
–
2001
31
24
–
–
2002
30
23
–
–
2003
31
23
–
–
2004
30
23
–
–
2005
29
23
–
–
2006
27
23
–
–
2007
28
23
–
–
2008
27
23
–
–
2009
28
23
–
–
2010
25
23
–
–
1960
33.7
66.3
–
–
1970
39.4
60.6
–
–
market share as %3
1980
43.3
56.7
–
–
1990
46.1
49.9
4.0
–
1995
50.4
49.6
–
–
1996
50.4
49.6
–
–
1997
50.8
49.2
–
–
1998
51.1
48.9
–
–
1999
52.3
47.7
–
–
2000
53.0
47.0
–
–
2001
54.3
45.7
–
–
2002
53.3
46.7
–
–
2003
55.4
44.6
–
–
2004
54.9
45.1
–
–
2005
54.9
45.1
–
–
2006
54.6
45.4
–
–
2007
55.1
44.9
–
–
2008
56.8
43.2
–
–
2009
56.9
43.1
–
–
2010
57.0
43.0
–
–
* insurance companies under German supervision carrying on actual business, without small mutual insurance associations under Land supervision mostly limited to a particular region, until 1980 only insurance companies under federal supervision ** joint stock companies that due to ownership structure are part of the public sector and joint stock companies whose shareholders are mutual insurance associations are included in joint stock companies 1 incl. small mutual insurance associations registered under section 53 VAG 2 mostly German establishments of foreign-based insurance companies, from 1995 without establishments of insurance companies based inside the EEA 3 share of legal form in gross premiums; until 1980 written gross premiums, from 1990 earned gross Source: BaFin premiums
45
Business development in health insurance
year
premium income1 total
health insurance
insurance portfolio
compulsory long-term care insurance
insured persons in comprehensive health insurance
in EUR m
insured persons in compulsory long-term care insurance
supplementary contracts
numbers in 1,000
1985
6,573
6,573
°
5,241
°
4,318
1990
9,546
9,546
°
6,614
°
5,178
1995
16,408
15,155
1,253
6,945
7,912
°
1996
17,518
15,821
1,697
6,946
7,926
11,549
1997
18,558
16,391
2,167
7,065
8,008
13,142
1998
19,320
17,171
2,149
7,206
8,131
13,942
1999
19,910
17,935
1,975
7,356
8,226
13,736
2000
20,712
18,703
2,009
7,494
8,365
13,824
2001
21,718
19,763
1,955
7,710
8,619
13,913
2002
23,082
21,097
1,985
7,924
8,827
14,160
2003
24,741
22,893
1,848
8,110
8,999
14,687
2004
26,413
24,542
1,871
8,259
9,118
15,897
2005
27,348
25,480
1,868
8,373
9,164
17,087
2006
28,483
26,612
1,871
8,489
9,277
18,400
2007
29,461
27,578
1,883
8,549
9,320
20,009
2008
30,331
28,360
1,970
8,639
9,374
20,983
2009
31,468
29,394
2,074
8,811
9,534
21,478
2010
33,270
31,174
2,096
8,896
9,593
21,969
20112
34,685
32,580
2,105
8,976
9,667
22,511
change against previous year as % 1996
6.8
4.4
35.4
0.0
0.2
°
1997
5.9
3.6
27.7
1.7
1.0
13.8
1998
4.1
4.8
-0.8
2.0
1.5
6.1
1999
3.1
4.4
-8.1
2.1
1.2
-1.5
2000
4.0
4.3
1.7
1.9
1.7
0.6
2001
4.9
5.7
-2.7
2.9
3.0
0.6
2002
6.3
6.7
1.5
2.8
2.4
1.8
2003
7.2
8.5
-6.9
2.3
1.9
3.7
2004
6.8
7.2
1.2
1.8
1.3
8.2
2005
3.5
3.8
-0.2
1.4
0.5
7.5
2006
4.2
4.4
0.2
1.4
1.2
7.7
2007
3.4
3.6
0.6
0.7
0.5
8.7
2008
3.0
2.8
4.6
1.1
0.6
4.9
2009
3.8
3.6
5.6
2.0
1.7
2.4
2010
5.7
6.1
1.1
1.0
0.6
2.3
20112
4.3
4.5
0.4
0.9
0.8
2.5
average annual rates of change as % 1985–1990
7.7
7.7
°
4.8
°
3.7
1990–2000
8.1
7.0
9.93
1.3
1.13
10.3
2000–2010
4.9
5.2
0.4
1.7
1.4
4.7
1 written gross premiums 2 provisional figures 3 1995–2000 Source: PKV
46
Premium income in health insurance by type of insurance* year
total health insurance
comprehensive health insurance
daily benefits insurance
hospital daily benefits insurance
supplementary health insurance1
special suppletypes of mentary insurance2 long-term care insurance3
in EUR m 1985
6,573
4,173
516
648
1,236
°
°
1990
9,546
6,435
725
767
1,619
°
°
1995
15,155
10,878
864
810
2,603
°,
°
1997
16,391
11,692
845
780
2,694
381
°
1998
17,171
12,291
869
767
2,855
389
°
1999
17,935
13,008
881
795
2,843
408
°
2000
18,703
13,722
896
778
2,858
449
°
2001
19,763
14,682
936
768
2,914
463
°
2002
21,097
15,891
977
755
2,989
485
°
2003
22,893
17,523
1,026
767
3,077
501
°
2004
24,542
18,907
1,057
777
3,282
519
°
2005
25,480
19,665
1,047
751
3,285
562
170
2006
26,612
20,510
1,042
727
3,520
608
205
2007
27,578
21,209
1,040
699
3,724
646
260
2008
28,360
21,790
1,000
645
3,931
672
322
2009
29,394
22,564
1,010
629
4,121
690
380
2010
31,174
24,072
1,019
611
4,338
696
439
20114
32,580
25,195
1,065
595
4,530
700
495
1997
3.6
4.1
1.1
-1.4
3.1
10.8
°
1998
4.8
5.1
2.8
-1.7
6.0
2.1
°
1999
4.4
5.8
1.4
3.7
-0.4
4.9
°
2000
4.3
5.5
1.7
-2.1
0.5
10.0
°
2001
5.7
7.0
4.5
-1.3
2.0
3.1
°
2002
6.7
8.2
4.4
-1.7
2.6
4.8
°
2003
8.5
10.3
5.0
1.6
2.9
3.3
°
2004
7.2
7.9
3.0
1.3
6.7
3.6
°
2005
3.8
4.0
-0.9
-3.3
0.1
8.3
°
2006
4.4
4.3
-0.5
-3.2
7.2
8.2
20.6
2007
3.6
3.4
-0.2
-3.9
5.8
6.3
26.8
2008
2.8
2.7
-3.8
-7.7
5.6
4.0
23.8
2009
3.6
3.6
1.0
-2.5
4.8
2.7
18.0
2010
6.1
6.7
0.9
-2.9
5.3
0.9
15.5
20114
4.5
4.7
4.5
-2.6
4.4
0.6
12.8
1985–1990
7.7
9.0
7.0
3.4
5.5
1990–2000
7.0
7.9
2.1
0.1
5.8
6.95
2000–2010
5.2
5.8
1.3
-2.4
4.3
4.5
change against previous year as %
average annual rates of change as % °
° ° 20.96
* without compulsory long-term care insurance 1 from 2005 new types of insurance (previous years: other independent partial insurance); not comparable with previous years 2 insurance as a substitute for the state health scheme for civil servants, residual debt insurance, salary continuation insurance, foreign travel health insurance, international health insurance; until 1995 included in the other types of insurance; from 2005 also incl. segmental insurances (Ausschnittsversicherungen) 3 until 2004 included in supplementary health insurance 4 provisional figures 5 1996–2000 6 2005–2010 Source: PKV
47 year
Business in force* in health insurance
persons insurance of daily benefits outwith optional benefits in insurance patient comprehospital supplehensive persons persons persons persons mentary cover insurwith with with with ance1 compre- supple- compre- supplehensive mentary hensive mentary cover cover cover cover
supple- compulmentary sory longlongterm term care in- care insurance surance
foreign travel health insurance2
numbers in 1,000 1983
5,077
4,657
3,171
°
°
°
°
°
°
1984
5,141
4,781
3,266
°
°
°
°
°
°
1985
5,241
4,809
3,406
°
°
°
10
°
8,702
1986
5,362
5,006
3,537
761
399
°
26
°
9,321
1987
5,632
5,097
3,613
847
382
°
46
°
10,352
1988
5,877
5,259
3,723
948
390
°
54
°
12,682
1989
6,410
5,999
3,732
1,099
405
°
76
°
16,829
1990
6,614
6,207
3,853
1,195
444
°
103
°
16,521
19913
6,333
5,839
4,001
1,291
489
°
133
°
19,003
1992
6,686
6,036
4,194
1,382
528
°
195
°
21,064
1993
6,829
6,234
4,302
1,419
568
°
298
°
23,335
1994
6,934
6,274
4,373
1,388
615
1,089
316
°
24,357
1995
6,945
6,234
4,296
1,393
632
1,484
380
7,912
21,608
1996
6,946
6,085
4,337
1,379
648
1,647
405
7,926
22,629
19974
7,065
6,257
4,359
1,460
771
3,428
412
8,008
22,977
1998
7,206
6,318
4,381
1,537
804
4,526
543
8,131
23,041
1999
7,356
6,417
4,362
1,609
929
4,359
570
8,226
23,352
2000
7,494
6,516
4,394
1,703
920
4,416
605
8,365
25,425
20015
7,710
6,747
4,453
1,793
989
4,608
656
8,619
27,146
2002
7,924
6,968
4,473
1,898
1,044
4,793
690
8,827
26,824
2003
8,110
7,102
4,715
1,953
1,174
5,094
750
8,999
26,603
2004
8,259
7,117
4,804
1,980
1,263
6,181
787
9,118
26,576
2005
8,373
7,206
5,040
2,012
1,225
5,038
833
9,164
20,328
2006
8,489
7,206
5,097
2,036
1,301
5,892
989
9,277
21,136
2007
8,549
7,215
5,168
2,029
1,342
6,347
1,174
9,320
22,513
2008
8,639
7,218
5,383
2,029
1,375
6,628
1,316
9,373
23,763
2009
8,811
7,300
5,565
2,055
1,396
6,762
1,501
9,534
24,771
2010
8,896
7,299
5,644
2,046
1,491
7,443
1,700
9,593
24,542
20116
8,976
7,322
5,727
2,073
1,523
7,679
1,883
9,667
24,490
* persons insured as per end of year, in foreign travel health insurance persons insured during the year 1 until 2004 persons insured in out-patient tariffs including dental benefits 2 from 2005 change of counting method; about 6.5 m persons insured included in the new insurance type “special segmental insurance” 3 from 1991 comparability with previous years restricted due to a change in the survey basis; elimination of double counts, net new business in 1991: persons with comprehensive cover: 262,000 persons, insurance of optional benefits in hospital: 209,000 persons 4 change in counting method and delimitation, change in 1997: persons with comprehensive cover: +104,000, persons with supplementary cover: -150,000 5 change in counting method, change in 2001 long-term care insurance: +202,500 6 provisional figures Source: PKV
48
Insurance benefits in health insurance* year
total benefits
change against previous year as %
expenditure in respect of claims
premium refunds
allocation to ageing reserve
in EUR m 1950
174
°
174
°
°
1960
482
°
452
30
°
1970
1,541
°
1,397
144
°
1980
4,592
°
3,696
279
616
1990
9,504
°
7,325
584
1,595
1991
10,656
12.1
8,106
678
1,872
1992
11,655
9.4
8,886
785
1,984
1993
13,389
14.9
9,625
1,319
2,445
1994
14,715
9.9
10,231
1,574
2,910
1995
16,804
14.2
10,981
2,038
3,785
1996
19,103
13.7
11,309
2,888
4,906
1997
20,352
6.5
12,098
2,847
5,407
1998
21,714
6.7
12,546
3,236
5,932
1999
23,895
10.0
13,075
3,296
7,525
2000
24,087
0.8
13,815
2,861
7,410
2001
25,744
6.9
14,770
2,305
8,669
2002
25,191
-2.1
15,449
1,660
8,082
2003
27,246
8.2
16,041
2,381
8,824
2004
28,562
4.8
16,655
3,234
8,673
2005
30,455
6.6
17,451
3,444
9,560
2006
31,758
4.3
18,034
3,662
10,062
2007
33,006
3.9
19,108
3,686
10,212
2008
33,648
1.9
20,422
2,493
10,734
2009
35,191
4.6
21,333
2,914
10,945
2010
38,612
9.7
22,172
3,760
12,681
average annual rates of change as % 1950–1960
10.7
x
10.0
°
°
1960–1970
12.3
x
11.9
17.0
°
1970–1980
11.5
x
10.2
6.8
°
1980–1990
7.5
x
7.1
7.7
10.0
1990–2000
9.7
x
6.6
17.2
16.6
2000–2010
4.8
x
4.7
2.8
5.5
* incl. compulsory long-term care insurance Source: until 1980 BaFin; from 1990 PKV
49 year
Insurance benefits paid in health insurance by type of insurance total benefits paid
of which: medical expenses insurance
daily benefits insurance
hospital daily benefits insurance
compulsory long-term care insurance
in EUR m 1995
10,719.4
9,513.9
°
°
92.8
1996
11,212.8
9,788.6
°
°
300.8
1997
11,993.3
10,393.5
°
°
446.8
1998
12,462.2
10,821.3
°
°
449.8
1999
13,038.1
11,368.0
°
°
462.9
2000
13,614.6
11,912.7
°
°
471.1
2001
14,419.7
12,705.1
°
°
486.1
2002
15,219.5
13,040.3
736.7
519.0
496.9
2003
15,810.0
13,608.6
730.0
509.0
517.9
2004
16,553.4
14,327.7
726.0
511.8
528.5
2005
17,300.2
15,023.5
717.9
508.9
549.8
2006
17,838.5
15,572.9
707.5
494.1
563.8
2007
18,897.6
16,546.5
705.4
500.6
578.1
2008
20,169.0
17,661.7
744.5
512.4
617.7
2009
21,121.1
18,469.4
803.8
507.4
667.7
2010
21,916.0
19,873.0
840.2
504.3
698.8
20111
22,755.0
°
°
°
°
1 provisional figures Source: PKV
50
Insurance benefits paid in health insurance* by type of benefit year
total benefits paid
out-patient treatment
1999
12,575.2
4,926.2
2000
13,143.5
5,265.5
2001
13,933.6
2002
in-patient t reatment
dental treatment
other
4,537.5
1,786.0
1,325.4
4,662.3
1,852.5
1,363.2
5,772.1
4,762.2
2,030.4
1,368.9
14,722.6
6,132.1
4,822.0
2,086.2
1,682.3
2003
15,292.1
6,580.1
4,867.9
2,160.6
1,683.5
2004
16,024.9
6,968.4
5,042.5
2,316.8
1,697.2
2005
16,750.4
7,382.8
5,203.8
2,436.9
1,726.9
2006
17,274.7
7,682.8
5,388.7
2,501.4
1,701.8
2007
18,319.5
8,273.9
5,556.0
2,716.6
1,773.0
2008
19,551.3
8,921.1
5,838.5
2,902.1
1,889.6
2009
20,453.4
9,316.0
6,114.0
3,039.4
1,984.0
2010
21,217.0
9,557.0
6,426.0
3,214.0
2,019.8
20111
22,010.0
°
°
°
° 2.9
in EUR m
change against previous year as % 2000
4.5
6.9
2.8
3.7
2001
6.0
9.6
2.1
9.6
0.4
2002
5.7
6.2
1.3
2.7
22.9 0.1
2003
3.9
7.3
1.0
3.6
2004
4.8
5.9
3.6
7.2
0.8
2005
4.5
5.9
3.2
5.2
1.7
2006
3.1
4.1
3.6
2.6
-1.5
2007
6.0
7.7
3.1
8.6
4.2
2008
6.7
7.8
5.1
6.8
6.6
2009
4.6
4.4
4.7
4.7
5.0
2010
3.7
2.6
5.1
5.7
1.8
20111
3.7
°
°
°
°
* without compulsory long-term care insurance 1 provisional figures
Source: PKV
51
Compulsory long-term care insurance 2005
2007
2008
2009
2010
20111
insured persons (in 1,000)
9,164.3
9,320.0
9,373.9
9,534.1
9,593.0
9,667.0
premium income2 (EUR m)
1,867.5
1,882.9
1,970.2
2,074.2
2,096.0
2,105.0
115.9
140.2
131.1
138.2
142.7
°
75.1
98.4
91.6
96.5
99.4
°
benefit recipients (in 1,000) out-patient long-term care care level I
38.6
49.4
49.6
55.0
57.5
°
care level II
26.6
36.0
31.3
30.9
31.3
°
care level III in-patient long-term care
10.0
13.0
10.7
10.6
10.5
°
40.8
41.9
39.5
41.6
43.3
°
care level I
11.1
12.6
12.3
14.4
15.2
°
care level II
18.5
18.5
17.2
17.4
18.0
°
care level III benefit payments, total (EUR m)
11.2
10.7
9.9
9.8
10.0
°
549.8
578.1
617.7
667.7
698.8
°
out-patient long-term care
286.4
303.0
329.5
362.1
377.4
°
in-patient long-term care
263.4
275.1
288.2
305.6
321.4
°
1 provisional figures 2 written gross premiums
Source: PKV
52
Investment portfolio of health insurance companies* – in absolute figures
type of investment
2007
2008
2009
2010
2011
125.2
138.0
149.9
162.0
176.5
3.2
3.3
3.4
3.6
4.0
47.0
51.1
58.8
60.4
64.8
in EUR bn1 bonds and debentures mortgages loans loans to credit institutions
35.5
37.1
38.2
37.7
39.6
loans to states
11.1
13.3
19.5
21.6
24.2
0.3
0.6
1.0
1.0
1.0
–
–
–
–
–
0.1
0.1
0.1
0.1
0.1
loans to companies policy loans other mortgage bonds
44.8
45.7
48.6
51.9
55.8
government bonds
1.7
2.3
3.6
5.6
6.0
corporate bonds
1.1
1.8
2.1
2.1
2.6
17.2
22.3
23.2
26.7
28.9
bonds and debentures included in funds subordinated loans and profit participation rights
6.2
5.8
5.2
5.0
4.5
call money, time and fixed deposits
2.0
3.6
2.2
2.8
4.3
other bonds and debentures
2.1
2.2
2.8
3.8
5.5
8.4
4.0
3.2
2.7
2.5
directly held
1.2
0.5
0.3
0.3
0.2
held in funds
7.2
3.5
2.9
2.5
2.3
participating interests
2.9
3.5
3.6
4.1
4.3
real estate
3.1
3.4
3.7
4.1
4.6
directly held
1.8
1.8
1.8
1.9
2.2
held in funds
1.3
1.7
1.9
2.2
2.3
other investments
3.0
3.5
3.4
3.4
1.7
142.7
152.5
163.9
176.4
189.6
shares
total for information: equity capital ageing reserve
4.5
4.7
4.9
4.9
°
123.6
134.4
145.3
158.0
170.02
* as per end of year 1 without deposit receivables from the insurance business assumed as reinsurance cover 2 provisional figure Source: BaFin; GDV; PKV
52
Investment portfolio of health insurance companies* – in percentages type of investment
2007
2008
2009
2010
2011
87.8
90.5
91.5
91.8
93.1
2.2
2.1
2.1
2.0
2.1
32.9
33.5
35.9
34.2
34.2
as %1 bonds and debentures mortgages loans
24.9
24.3
23.3
21.4
20.9
loans to states
loans to credit institutions
7.8
8.7
11.9
12.2
12.7
loans to companies
0.2
0.4
0.6
0.5
0.5
–
–
–
–
–
0.1
0.1
0.1
0.1
0.0 29.4
policy loans other mortgage bonds
31.4
30.0
29.7
29.4
government bonds
1.2
1.5
2.2
3.2
3.2
corporate bonds
0.8
1.2
1.3
1.2
1.4
12.1
14.6
14.1
15.2
15.3
bonds and debentures included in funds subordinated loans and profit participation rights
4.4
3.8
3.2
2.9
2.4
call money, time and fixed deposits
1.4
2.3
1.4
1.6
2.2
other bonds and debentures
1.5
1.4
1.7
2.1
2.9
5.9
2.6
1.9
1.6
1.3
directly held
0.8
0.4
0.2
0.2
0.1
held in funds
shares
5.1
2.3
1.7
1.4
1.2
participating interests
2.0
2.3
2.2
2.3
2.3
real estate
2.2
2.3
2.3
2.3
2.4
directly held
1.3
1.2
1.1
1.1
1.2
held in funds
0.9
1.1
1.2
1.3
1.2
other investments
2.1
2.3
2.1
1.9
0.9
100.0
100.0
100.0
100.0
100.0
total
* as per end of year 1 without deposit receivables from the insurance business assumed as reinsurance cover Source: BaFin; GDV
53
Property & casualty insurance companies* by legal form**
year
joint stock c ompanies
mutual insurance associations1
insurance institutions under public law
other2
1960
79
168
5
38
1970
93
136
5
33
numbers
1980
132
91
5
93
1990
165
75
25
77 10
1995
179
71
19
1996
181
68
19
9
1997
184
67
16
8
1998
180
67
16
8
1999
181
66
16
8
2000
174
63
16
7
2001
173
59
15
7
2002
165
59
12
7
2003
159
58
10
6
2004
154
59
10
6
2005
150
59
10
6
2006
150
59
10
6
2007
153
59
10
6
2008
145
59
10
4
2009
149
59
10
4
2010
144
59
10
4
market share as %3 1976
72.5
19.1
3.0
5.4
1980
72.3
19.1
3.0
5.6
1990
66.8
17.1
12.2
4.0
1995
71.1
18.2
8.7
1.9
1996
73.7
16.3
8.7
1.2
1997
73.9
16.2
8.7
1.2
1998
74.6
15.5
8.7
1.2
1999
74.3
16.0
8.5
1.3
2000
74.4
15.0
8.3
1.3
2001
79.5
11.8
7.4
1.3
2002
81.7
12.7
4.1
1.5
2003
85.1
10.9
3.0
1.0
2004
84.7
11.1
3.1
1.1
2005
85.2
10.8
3.0
1.0
2006
86.3
9.7
3.1
1.0
2007
86.8
9.4
2.9
0.9
2008
87.1
9.1
3.1
0.8
2009
84.7
11.6
2.9
0.8
2010
86.2
10.1
2.9
0.8
* insurance companies under German supervision carrying on actual business, without small mutual insurance associations under Land supervision mostly limited to a particular region, until 1980 only insurance companies under federal supervision ** joint stock companies that due to ownership structure are part of the public sector and joint stock companies whose shareholders are mutual insurance associations are included in joint stock companies 1 incl. small mutual insurance associations registered under section 53 VAG 2 mostly German establishments of foreign-based insurance companies, from 1995 without establishments of insurance companies based inside the EEA 3 share of legal form in gross premiums; until 1980 written gross premiums, from 1990 earned gross Source: BaFin premiums
54
Premium income and claims expenditure in property & casualty insurance* year
premiums1 in EUR m
claims expenditure2
change against previous year as %
in EUR m
change against previous year as %
claims ratio as %3
1978
14,971
°
11,926
°
80.9
1979
16,824
12.4
13,236
11.0
80.6
1980
17,955
6.7
14,352
8.4
81.3
1981
19,588
9.1
15,828
10.3
82.4
1982
20,594
5.1
16,500
4.2
81.1
1983
21,799
5.9
17,599
6.7
82.0
1984
23,151
6.2
18,492
5.1
80.9
1985
24,883
7.5
18,959
2.5
77.4
1986
25,957
4.3
20,364
7.4
79.5
1987
27,425
5.7
21,551
5.8
79.7 77.9
1988
29,406
7.2
22,297
3.5
1989
31,077
5.7
23,404
5.0
76.9
1990
32,939
6.0
26,840
14.7
83.7
1991
37,751
14.6
29,600
10.3
80.8
1992
40,840
8.2
32,918
11.2
83.0 82.7
1993
44,346
8.6
35,778
8.7
1994
48,213
8.7
36,937
3.2
78.2
1995
49,850
3.4
38,149
3.3
77.4
1996
49,899
0.1
38,137
0.0
78.3
1997
49,516
-0.8
38,680
1.4
79.8
1998
48,852
-1.3
39,344
1.7
82.0
1999
48,666
-0.4
41,280
4.9
86.4
2000
49,398
1.5
40,404
-2.1
82.6
2001
50,810
2.9
40,955
1.4
81.5
2002
52,625
3.6
43,988
7.4
84.7
2003
54,414
3.4
39,896
-9.3
74.4 72.3
2004
55,410
1.8
39,390
-1.3
2005
55,392
0.0
39,643
0.6
73.0
2006
55,007
-0.7
39,887
0.6
74.1
2007
54,495
-0.9
42,049
5.4
78.6
2008
54,616
0.2
41,882
-0.4
78.8 78.5
2009
54,701
0.2
41,897
0.0
2010
55,219
0.9
43,281
3.3
80.3
2011
56,615
2.5
43,785
1.2
79.4
* German direct business; without nuclear insurance and pecuniary damage liability insurance; until 2002 without fidelity insurance; until 2009 without aviation insurance and aircraft and spacecraft liability insurance 1 written gross premiums; without insurance premium tax; insurance classes covering fire incl. fire brigade tax 2 gross claims incurred for the accounting year 3 gross claims incurred for the accounting year as % of earned gross premiums Source: GDV; BaFin
55
Premium income* in property & casualty insurance by class
insurance class
2010
2011
in EUR m
change against previous year as %
in EUR m
change against previous year as %
15,139
1.2
15,454
2.1
7,961
2.2
8,145
2.3
– comprehensive insurance on buildings
4,790
2.7
4,951
3.4
– comprehensive insurance on contents
2,652
1.8
2,682
1.1
7,179
0.1
7,309
1.8
– industrial / commercial / agricultural property insurance
5,587
-0.7
5,635
0.9
– engineering insurance / EI-BI
1,592
3.1
1,674
5.2
marine and aviation insurance1
1,775
x
1,818
2.4
total of property insurance – private property insurance, of which:
– non-private property insurance
credit, surety and fidelity insurance
1,541
10.1
1,540
-0.1
general liability insurance
6,782
-0.8
6,927
2.1
total of motor insurance
20,158
0.5
20,887
3.6
– motor vehicle TPL
12,124
-0.2
12,551
3.5
– motor vehicle full own damage
6,530
2.5
6,811
4.3
– motor vehicle partial own damage
1,394
-2.0
1,420
1.9
– motor accident
110
-3.6
105
-4.3
private accident insurance
6,411
0.3
6,487
1.2
legal expenses insurance
3,248
1.3
3,331
2.6
165
1.8
171
3.4
55,219
0.9
56,615
2.5
roadside assistance total of property & casualty insurance2
* written gross premiums, German direct business; without insurance premium tax; insurance classes covering fire incl. fire brigade tax 1 from 2010 incl. aviation insurance and aircraft and spacecraft liability insurance, due to this modification no rate of change for 2010 displayed 2 without nuclear insurance and pecuniary damage liability insurance Source: GDV
56
Claims expenditure* in property & casualty insurance by class insurance class
2010
2011
change against previous year as %
in EUR m
11,150
9.8
11,171
0.2
5,531
10.9
5,489
-0.8
– comprehensive insurance on buildings
4,095
15.3
3,996
-2.4
– comprehensive insurance on contents
1,206
-0.6
1,265
4.9
5,619
8.8
5,682
1.1
– industrial / commercial / agricultural property insurance
4,467
9.2
4,540
1.6
– engineering insurance / EI-BI
1,152
7.4
1,142
-0.9
1,136
x
1,231
8.3
658
-38.7
727
10.4
general liability insurance
4,710
1.7
4,608
-2.2
total of motor insurance
20,060
3.3
20,444
1.9
– motor vehicle TPL
12,558
2.8
12,452
-0.8
in EUR m
total of property insurance – private property insurance, of which:
– non-private property insurance
marine and aviation insurance1 credit, surety and fidelity insurance
– motor vehicle full own damage – motor vehicle partial own damage – motor accident
change against previous year as %
6,481
5.3
6,872
6.0
999
-3.4
1,099
10.0 -5.8
22
-2.1
21
private accident insurance
3,037
3.7
3,070
1.1
legal expenses insurance
2,336
-3.1
2,338
0.1
193
10.3
195
1.0
43,281
3.3
43,785
1.2
roadside assistance2 total of property & casualty insurance3
* gross claims incurred for the accounting year, German direct business 1 from 2010: incl. aviation and aircraft and spacecraft liability insurance, due to this modification no rate of change for 2010 displayed 2 2011: provisional figure 3 without nuclear insurance and pecuniary damage liability insurance Source: GDV; BaFin
57 year
Number of contracts and claims in property & casualty insurance* number of contracts1 in 1,000
number of claims2
change against previous year as %
in 1,000
change against previous year as %
1985
174,886
°
18,552
°
1986
179,580
2.7
19,781
6.6
1987
183,087
2.0
20,074
1.5
1988
188,370
2.9
19,790
-1.4
1989
193,806
2.9
19,406
-1.9
1990
200,320
3.4
22,965
18.3
1991
222,341
11.0
21,092
-8.2
1992
230,077
3.5
23,495
11.4
1993
235,814
2.5
24,084
2.5
1994
239,003
1.4
23,818
-1.1
1995
242,832
1.6
22,710
-4.7
1996
243,584
0.3
21,691
-4.5
1997
246,379
1.1
22,540
3.9
1998
252,775
2.6
22,435
-0.5
1999
258,175
2.1
23,495
4.7
2000
262,138
1.5
23,369
-0.5
2001
266,151
1.5
22,150
-5.2
2002
269,360
1.2
25,255
14.0
2003
271,110
0.6
23,000
-8.9
2004
273,003
0.7
22,604
-1.7
2005
274,650
0.6
21,983
-2.7
2006
277,306
1.0
21,918
-0.3
2007
284,238
2.5
24,341
11.1
2008
286,246
0.7
22,912
-5.9
2009
289,369
1.1
22,906
0.0
2010
293,160
1.3
23,747
3.7
2011
295,839
0.9
23,337
-1.7
* German direct business; without nuclear insurance and pecuniary damage liability insurance 1 until 2000 without marine insurance, until 2006 without credit, surety and fidelity insurance; until 2009 without aviation insurance and aircraft and spacecraft liability insurance 2 without marine insurance, aviation insurance, aircraft and spacecraft liability insurance and credit, surety and fidelity insurance Source: GDV; BaFin
58
Number of contracts* in property and casualty insurance by class insurance class
1995
2000
2005
2010
2011
numbers in 1,000 total of property insurance1
66,153
67,398
67,378
69,885
69,943
– private property insurance1, of which:
52,093
53,362
53,662
54,099
54,130
– c omprehensive insurance on buildings1
17,126
18,085
18,939
19,248
19,165
– c omprehensive insurance on contents1
24,237
24,889
24,780
25,103
25,193
– non-private property insurance1
14,060
14,036
13,754
15,786
15,813
12,556
11,856
11,758
12,337
12,441
1,504
2,180
1,996
3,449
3,372
marine and aviation insurance2
°
°
263
250
250
credit, surety and fidelity insurance
°
°
°
292
291
general liability insurance
34,955
37,805
41,820
43,753
44,226
total of motor insurance3
92,130
97,211
99,138
105,150
106,641
– motor vehicle TPL3
47,130
51,757
54,334
57,837
58,779
– motor vehicle full own damage3
15,659
19,979
22,116
25,802
26,366
– motor vehicle partial own damage3
20,150
19,059
18,042
17,516
17,687
9,191
6,416
4,645
3,994
3,809
private accident insurance
28,157
29,059
29,193
27,314
27,293
legal expenses insurance4
18,691
19,317
19,453
20,929
21,096
2,746
11,348
17,405
25,587
26,099
242,832
262,138
274,650
293,160
295,839
– industrial / commercial / agricultural property insurance1 – engineering insurance / EI-BI1
– motor accident3
roadside assistance5 total of property & casualty insurance6
change against previous year as % total of property insurance1 – private property insurance1, of which: – c omprehensive insurance on buildings1 – comprehensive insurance on contents1
1.6
0.8
0.6
2.3
0.1
10.2
0.1
0.1
0.8
0.1
37.5
0.9
0.6
0.7
-0.4
1.2
0.1
0.0
0.9
0.4
– non-private property insurance1
-21.2
3.6
2.6
7.8
0.2
– industrial / commercial / agricultural property insurance1
-23.0
1.1
1.0
1.7
0.9
-1.9
19.3
13.4
37.0
-2.2
– engineering insurance / EI-BI1 marine and aviation insurance2
°
°
6.9
x
0.0
credit, surety and fidelity insurance
°
°
°
6.7
-0.3
general liability insurance
4.7
1.3
1.5
1.2
1.1
total of motor insurance3
1.0
1.1
1.0
1.6
1.4
– motor vehicle TPL3
2.3
1.8
0.9
1.7
1.6
– motor vehicle full own damage3
2.3
5.0
2.0
2.3
2.2
– motor vehicle partial own damage3
1.2
-1.5
-0.1
1.2
1.0
-7.1
-6.7
0.7
-3.2
-4.6
private accident insurance
0.1
0.6
-0.2
-2.6
-0.1
legal expenses insurance4
1.5
0.3
-0.2
1.4
0.8
roadside assistance5
-0.9
15.9
-1.3
1.8
2.0
total of property & casualty insurance6
1.6
1.5
0.6
1.3
0.9
– motor accident3
* German direct business • 1 until 1995: incl. co-insurance business • 2 from 2010: incl. aviation insurance and aircraft and spacecraft liability insurance, due to this modification no rate of change for 2010 displayed • 3 number of risks • 4 from 2007: change in counting method for group and collective contracts • 5 from 2009: incl. group contracts; 2011: provisional figures • 6 without nuclear insurance and pecuniary damage liability insurance; until 2000 without marine; until 2006 without credit, surety and fidelity insurance; until 2009 without aviation insurance and aircraft and spacecraft liability insurance Source: GDV; BaFin
59
Number of claims* in property & casualty insurance by class
insurance class
1995
2000
2005
2010
2011
numbers in 1,000 total of property insurance1
5,200
5,802
5,163
5,537
5,119
– private property insurance1, of which:
3,743
4,116
3,900
4,025
3,645
– comprehensive insurance on buildings1
1,493
1,867
1,978
2,448
2,040
– comprehensive insurance on contents1
1,431
1,536
1,338
1,096
1,147
1,457
1,686
1,263
1,512
1,474
1,024
1,062
869
1,028
955
433
625
394
484
518
general liability insurance
3,668
3,835
3,425
2,967
2,901
total of motor insurance
9,314
9,124
8,673
9,649
9,722
– motor vehicle TPL
4,330
4,259
3,848
3,982
3,908
– motor vehicle full own damage
3,146
3,293
3,420
4,287
4,431
– motor vehicle partial own damage
1,828
1,566
1,403
1,378
1,382
10
5
3
2
2
829
829
823
848
847
3,534
3,475
3,463
3,822
3,833
164
305
437
925
915
22,710
23,369
21,983
23,747
23,337
– non-private property insurance1 – industrial / commercial / agricultural property insurance1 – engineering insurance / EI-BI1
– motor accident private accident insurance legal expenses insurance roadside assistance2 total of property & casualty insurance3
change against previous year as % total of property insurance1
-4.7
3.6
-5.7
11.5
-7.6
– private property insurance1, of which:
-5.5
1.9
-5.8
13.2
-9.4
– c omprehensive insurance on buildings1
-6.0
2.2
-5.5
29.0
-16.6
– c omprehensive insurance on contents1
-6.7
3.7
-6.1
-6.5
4.6
-2.5
8.0
-5.4
7.2
-2.5 -7.1
– non-private property insurance1 – industrial / commercial / agricultural property insurance1 – engineering insurance / EI-BI1 general liability insurance
5.0
2.0
-6.7
5.4
-16.5
19.8
-2.4
11.3
7.2
-1.8
-1.5
-4.5
-2.2
-2.2
total of motor insurance
-8.7
-1.5
-0.7
2.6
0.8
– motor vehicle TPL
-2.4
-4.0
-1.7
4.5
-1.9
– motor vehicle full own damage – motor vehicle partial own damage – motor accident
-16.5
3.2
1.3
3.2
3.4
-7.8
-3.8
-2.6
-4.1
0.3
-26.5
-11.7
-10.3
-3.1
-9.5
private accident insurance
0.3
-3.9
2.2
1.3
-0.1
legal expenses insurance
2.9
-3.0
-3.0
-1.4
0.3
roadside assistance2
0.5
4.8
0.2
17.4
-1.0
-4.7
-0.5
-2.7
3.7
-1.7
total of property & casualty insurance3
* German direct business 1 until 1995: incl. co-insurance business 2 from 2009: incl. group contracts; 2011: provisional figures 3 without nuclear insurance, pecuniary damage liability insurance, aircraft and spacecraft liability insurance, marine insurance, aviation insurance, credit, surety and fidelity insurance Source: GDV
60
Premium income and claims expenditure in property insurance* year
number of insurance companies
premium income1 in EUR m
change against previous year as %
claims expenditure2 in EUR m
change against previous year as %
claims ratio as %3
1960
°
617.6
°
289.5
°
48.7
1965
°
1,040.6
°
556.1
°
55.2
1970
146
1,647.0
°
1,163.7
°
73.3
1975
152
3,290.2
°
2,023.6
°
61.9
1980
164
4,775.9
9.6
3,463.8
6.3
74.1
1982
167
5,683.2
8.5
4,313.1
7.4
77.2
1983
170
6,047.2
6.4
4,640.8
7.6
77.7
1984
172
6,481.3
7.2
4,623.5
-0.4
72.3
1985
170
6,860.8
5.9
4,754.7
2.8
70.1
1986
173
7,146.8
4.2
5,030.3
5.8
70.9
1987
173
7,394.1
3.5
5,163.0
2.6
70.1
1988
172
7,775.3
5.2
5,095.7
-1.3
66.5
1989
177
7,927.2
2.0
5,637.3
10.6
71.6
1990
175
8,350.8
5.3
7,397.0
31.2
89.6
1991
183
9,412.3
12.7
6,902.9
-6.7
74.5
1992
184
10,244.2
8.8
7,490.6
8.5
74.5
1993
187
11,289.4
10.2
8,254.8
10.2
74.6
1994
178
12,122.3
7.4
8,252.4
0.0
69.2
1995
182
12,545.4
3.5
8,327.8
0.9
66.7
1996
181
12,873.5
2.6
8,441.5
1.4
65.9
1997
183
12,882.7
0.1
8,756.2
3.7
67.7
1998
182
12,653.7
-1.8
8,701.4
-0.6
68.3
1999
176
12,387.0
-2.1
9,778.8
12.4
78.5
2000
173
12,298.9
-0.7
8,953.7
-8.4
72.2
2001
168
12,381.9
0.7
8,920.8
-0.4
71.9
2002
163
13,113.4
5.9
12,364.0
38.6
94.4
2003
164
13,843.6
5.6
9,200.8
-25.6
66.7
2004
163
14,110.1
1.9
9,001.4
-2.2
64.0
2005
160
14,172.4
0.4
9,279.9
3.1
65.7
2006
156
14,233.7
0.4
9,677.5
4.3
68.3
2007
156
14,016.2
-1.5
11,399.5
17.8
81.3
2008
159
14,583.0
4.0
10,320.8
-9.5
71.4
2009
161
14,961.9
2.6
10,153.3
-1.6
68.1
2010
162
15,139.4
1.2
11,149.6
9.8
73.6
2011
162
15,454.0
2.1
11,171.1
0.2
72.6
average annual rates of change as % 1960–1970
x
10.3
x
14.9
x
x
1970–1980
x
11.2
x
11.5
x
x
1980–1990
x
5.7
x
7.9
x
x
1990–2000
x
3.9
x
1.9
x
x
2000–2010
x
2.1
x
2.2
x
x
* German direct business 1 written gross premiums; without insurance premium tax; insurance classes covering fire incl. fire brigade tax 2 gross claims incurred for the accounting year 3 gross claims incurred for the accounting year as % of earned gross premiums Source: GDV
61 year
Premium income and claims expenditure in private property insurance* number of insurance companies
premium income1 in EUR m
change against previous year as %
claims expenditure2 in EUR m
change against previous year as %
claims ratio as %3
1975
°
969.8
°
557.7
°
59.2
1980
°
1,770.8
14.1
1,114.4
8.7
65.1
1982
°
2,273.6
12.1
1,544.5
11.7
70.0
1983
°
2,450.4
7.8
1,681.8
8.9
70.2
1984
°
2,667.3
8.8
1,939.0
15.3
74.4
1985
°
2,854.4
7.0
1,781.8
-8.1
63.7
1986
°
2,989.8
4.7
2,060.5
15.6
69.8
1987
°
3,123.0
4.5
2,059.1
-0.1
66.6
1988
°
3,322.0
6.4
1,875.1
-8.9
57.3
1989
°
3,434.7
3.4
1,897.0
1.2
55.8
1990
°
3,697.3
7.6
3,421.5
80.4
94.1
1991
°
4,068.7
10.0
2,193.7
-35.9
54.9
1992
°
4,434.7
9.0
2,807.5
28.0
64.9
1993
°
4,827.4
8.9
3,288.5
17.1
69.7
1994
°
5,372.1
11.3
3,277.5
-0.3
62.2
1995
°
5,897.5
9.8
3,563.2
8.7
61.1
1996
°
6,223.1
5.5
3,592.6
0.8
58.5
1997
166
6,341.2
1.9
4,047.3
12.7
64.1
1998
164
6,429.4
1.4
3,845.8
-5.0
59.9
1999
161
6,454.6
0.4
4,387.1
14.1
68.0
2000
157
6,468.1
0.2
4,061.9
-7.4
62.7
2001
154
6,510.8
0.7
3,951.0
-2.7
60.6
2002
149
6,626.9
1.8
5,954.2
50.7
90.1
2003
149
6,728.1
1.5
4,489.5
-24.6
66.8
2004
147
6,869.4
2.1
4,499.1
0.2
65.8
2005
140
7,052.5
2.7
4,415.3
-1.9
62.9
2006
138
7,142.7
1.3
4,549.5
3.0
63.9
2007
137
7,202.2
0.8
5,915.3
30.0
82.0
2008
140
7,563.3
5.0
5,087.0
-14.0
68.0
2009
137
7,791.7
3.0
4,988.9
-1.9
64.3
2010
138
7,960.6
2.2
5,531.0
10.9
69.6
2011
137
8,144.5
2.3
5,488.8
-0.8
67.7
average annual rates of change as % 1975–1980
x
12.8
x
14.8
x
x
1980–1990
x
7.6
x
11.9
x
x
1990–2000
x
5.8
x
1.7
x
x
2000–2010
x
2.1
x
3.1
x
x
* German direct business 1 written gross premiums; without insurance premium tax; insurance classes covering fire incl. fire brigade tax 2 gross claims incurred for the accounting year 3 gross claims incurred for the accounting year as % of earned gross premiums Source: GDV
62
Premium income and claims expenditure in comprehensive insurance on buildings* year
number of insurance companies
premium income1 in EUR m
change against previous year as %
claims expenditure2 in EUR m
change against previous year as %
claims ratio as %3
1975
101
354.0
°
186.3
°
54.1
1980
119
675.4
16.1
452.3
0.8
69.4
1982
123
907.6
13.3
641.7
12.7
73.0
1983
126
966.3
6.5
777.0
21.1
81.8
1984
129
1,072.9
11.0
985.6
26.8
94.4
1985
130
1,163.5
8.4
857.4
-13.0
75.1
1986
130
1,217.8
4.7
1,013.9
18.3
84.3
1987
130
1,266.3
4.0
960.0
-5.3
76.5
1988
129
1,363.5
7.7
822.0
-14.4
61.4
1989
135
1,397.0
2.5
840.7
2.3
60.7
1990
135
1,541.4
10.3
2,119.0
152.0
140.6
1991
140
1,793.5
16.4
1,061.6
-49.9
60.8
1992
140
1,993.7
11.2
1,455.1
37.1
75.4
1993
143
2,196.1
10.2
1,747.4
20.1
81.7
1994
147
2,677.9
21.9
1,831.4
4.8
70.2
1995
154
3,082.8
15.1
2,079.3
13.5
68.2
1996
154
3,299.0
7.0
2,095.3
0.8
64.6
1997
151
3,400.4
3.1
2,481.4
18.4
73.5
1998
145
3,439.0
1.1
2,345.9
-5.5
68.3
1999
144
3,462.2
0.7
2,827.5
20.5
81.8
2000
139
3,510.7
1.4
2,510.4
-11.2
71.6
2001
136
3,533.7
0.7
2,436.2
-3.0
68.8
2002
135
3,623.6
2.5
4,187.5
71.9
116.1
2003
137
3,715.8
2.5
2,918.7
-30.3
78.9
2004
131
3,845.0
3.5
3,016.7
3.4
79.0
2005
127
3,985.0
3.6
2,995.7
-0.7
75.7
2006
123
4,065.9
2.0
3,165.5
5.7
78.2
2007
123
4,134.2
1.7
4,538.7
43.4
110.0
2008
126
4,436.6
7.3
3,710.6
-18.2
85.0
2009
125
4,664.8
5.1
3,551.3
-4.3
76.9
2010
126
4,789.5
2.7
4,094.6
15.3
85.8
2011
125
4,950.9
3.4
3,996.0
-2.4
81.3
average annual rates of change as % 1975–1980
x
13.8
x
19.4
x
x
1980–1990
x
8.6
x
16.7
x
x
1990–2000
x
8.6
x
1.7
x
x
2000–2010
x
3.2
x
5.0
x
x
* German direct business 1 written gross premiums; without insurance premium tax; incl. fire brigade tax 2 gross claims incurred for the accounting year 3 gross claims incurred for the accounting year as % of earned gross premiums Source: GDV
63 year
Premium income and claims expenditure in comprehensive insurance on contents* number of insurance companies
premium income1 in EUR m
change against previous year as %
claims expenditure2 in EUR m
change against previous year as %
claims ratio as %3
1974
111
410.5
°
245.2
°
62.5
1975
118
471.6
14.9
313.6
27.9
69.1
1980
128
877.9
13.0
571.1
13.4
67.4
1982
134
1,100.2
11.5
751.7
10.2
70.5
1983
136
1,209.2
9.9
777.3
3.4
66.3
1984
139
1,294.2
7.0
801.1
3.1
63.2
1985
139
1,368.9
5.8
801.3
0.0
59.5
1986
141
1,426.4
4.2
856.3
6.9
60.8
1987
142
1,481.6
3.9
906.4
5.9
61.6
1988
140
1,528.3
3.1
876.1
-3.3
57.6
1989
146
1,578.2
3.3
866.0
-1.2
55.3
1990
146
1,651.8
4.7
923.5
6.6
56.4
1991
150
1,742.7
5.5
929.7
0.7
54.1
1992
148
1,853.0
6.3
1,080.9
16.3
59.3
1993
151
1,973.0
6.5
1,160.2
7.3
59.9
1994
150
2,103.4
6.6
1,194.1
2.9
57.7
1995
157
2,184.9
3.9
1,225.6
2.6
56.6
1996
156
2,304.0
5.5
1,237.8
1.0
54.6
1997
155
2,331.5
1.2
1,292.0
4.4
55.5
1998
154
2,383.9
2.2
1,232.3
-4.6
51.9
1999
152
2,403.9
0.8
1,287.3
4.5
53.6
2000
149
2,390.0
-0.6
1,285.6
-0.1
53.4
2001
145
2,421.5
1.3
1,243.4
-3.3
51.4
2002
142
2,442.3
0.9
1,478.0
18.9
60.5
2003
140
2,469.4
1.1
1,303.9
-11.8
52.7
2004
137
2,499.1
1.2
1,226.4
-5.9
49.2
2005
131
2,555.2
2.2
1,175.4
-4.2
46.2
2006
128
2,592.0
1.4
1,152.7
-1.9
44.5
2007
127
2,574.1
-0.7
1,145.5
-0.6
44.2
2008
129
2,600.5
1.0
1,148.5
0.3
44.2
2009
126
2,604.2
0.1
1,213.7
5.7
46.4
2010
128
2,652.0
1.8
1,206.2
-0.6
45.5
2011
125
2,682.2
1.1
1,265.2
4.9
47.3
average annual rates of change as % 1975–1980
x
13.2
x
12.7
x
x
1980–1990
x
6.5
x
4.9
x
x
1990–2000
x
3.8
x
3.4
x
x
2000–2010
x
1.0
x
-0.6
x
x
* German direct business 1 written gross premiums; without insurance premium tax; incl. fire brigade tax 2 gross claims incurred for the accounting year 3 gross claims incurred for the accounting year as % of earned gross premiums Source: GDV
64
Premium income and claims expenditure in non-private property insurance* year
number of insurance companies
premium income1 in EUR m
change against previous year as %
claims expenditure2 in EUR m
change against previous year as %
claims ratio as %3
1975
°
2,320.4
°
1,465.9
°
62.9
1980
°
3,005.2
7.1
2,349.4
5.2
79.2
1982
°
3,409.6
6.3
2,768.7
5.1
81.8
1983
°
3,596.8
5.5
2,959.1
6.9
82.8
1984
°
3,814.0
6.0
2,684.5
-9.3
70.8
1985
°
4,006.4
5.0
2,972.9
10.7
74.6
1986
°
4,157.1
3.8
2,969.8
-0.1
71.7
1987
°
4,271.2
2.7
3,103.9
4.5
72.7
1988
°
4,453.3
4.3
3,220.6
3.8
73.3
1989
°
4,492.5
0.9
3,740.3
16.1
83.6
1990
°
4,653.5
3.6
3,975.5
6.3
86.1
1991
°
5,343.6
14.8
4,709.2
18.5
89.2
1992
°
5,809.5
8.7
4,683.1
-0.6
81.9
1993
°
6,462.0
11.2
4,966.4
6.0
78.3
1994
°
6,750.1
4.5
4,974.9
0.2
74.7
1995
°
6,648.0
-1.5
4,764.6
-4.2
71.7
1996
°
6,650.4
0.0
4,849.0
1.8
72.7
1997
°
6,541.5
-1.6
4,708.9
-2.9
71.2
1998
°
6,224.3
-4.8
4,855.7
3.1
76.9
1999
157
5,932.4
-4.7
5,391.7
11.0
89.8
2000
150
5,830.8
-1.7
4,891.8
-9.3
82.8
2001
140
5,871.1
0.7
4,969.8
1.6
84.4
2002
137
6,486.5
10.5
6,409.8
29.0
98.7
2003
137
7,115.6
9.7
4,711.3
-26.5
66.6
2004
136
7,240.7
1.8
4,502.2
-4.4
62.2
2005
136
7,119.9
-1.7
4,864.7
8.0
68.4
2006
132
7,091.0
-0.4
5,128.0
5.4
72.8
2007
131
6,814.1
-3.9
5,484.2
6.9
80.4
2008
135
7,019.7
3.0
5,233.8
-4.6
75.0
2009
137
7,170.2
2.1
5,164.4
-1.3
72.1
2010
141
7,178.8
0.1
5,618.5
8.8
78.0
2011
142
7,309.5
1.8
5,682.3
1.1
78.0
average annual rates of change as % 1975–1980
x
5.3
x
9.9
x
x
1980–1990
x
4.5
x
5.4
x
x
1990–2000
x
2.3
x
2.1
x
x
2000–2010
x
2.1
x
1.4
x
x
* German direct business 1 written gross premiums; without insurance premium tax; insurance classes covering fire incl. fire brigade tax 2 gross claims incurred for the accounting year 3 gross claims incurred for the accounting year as % of earned gross premiums Source: GDV
65 year
Premium income and claims expenditure in industrial / commercial / agricultural property insurance* number of insurance companies
premium income1 in EUR m
change against previous year as %
claims expenditure2 in EUR m
change against previous year as %
claims ratio as %3
1989
°
3,547.3
°
2,992.7
°
84.7
1990
°
3,649.2
2.9
3,129.1
4.6
86.1
1991
°
4,203.9
15.2
3,839.0
22.7
92.4
1992
°
4,539.8
8.0
3,710.6
-3.3
82.6
1993
°
5,063.5
11.5
3,971.2
7.0
79.9
1994
°
5,293.3
4.5
3,887.5
-2.1
74.3
1995
°
5,210.4
-1.6
3,685.9
-5.2
70.8
1996
°
5,213.1
0.1
3,741.8
1.5
71.6
1997
°
5,063.7
-2.9
3,568.5
-4.6
69.7
1998
°
4,804.8
-5.1
3,625.1
1.6
74.4
1999
°
4,565.7
-5.0
4,160.8
14.8
90.4
2000
°
4,518.3
-1.0
3,656.5
-12.1
80.0
2001
°
4,557.0
0.9
3,798.1
3.9
83.1
2002
°
5,163.8
13.3
5,183.6
36.5
100.4
2003
°
5,764.6
11.6
3,684.4
-28.9
64.1
2004
°
5,872.5
1.9
3,541.4
-3.9
60.3
2005
°
5,772.4
-1.7
3,902.6
10.2
67.7
2006
°
5,690.2
-1.4
4,158.0
6.5
73.4
2007
°
5,454.4
-4.1
4,493.9
8.1
82.3
2008
°
5,582.7
2.4
4,207.1
-6.4
75.7
2009
133
5,626.9
0.8
4,091.9
-2.7
72.7
2010
129
5,587.1
-0.7
4,466.5
9.2
79.4
2011
130
5,635.4
0.9
4,540.1
1.6
80.8
average annual rates of change as % 1990–2000
x
2.2
x
1.6
x
x
2000–2010
x
2.1
x
2.0
x
x
* German direct business 1 written gross premiums; without insurance premium tax; insurance classes covering fire incl. fire brigade tax 2 gross claims incurred for the accounting year 3 gross claims incurred for the accounting year as % of earned gross premiums Source: GDV
66
Premium income and claims expenditure in engineering insurance* year
number of insurance companies
premium income1 in EUR m
change against previous year as %
claims expenditure2 in EUR m
change against previous year as %
claims ratio as %3
1954
°
24.8
°
16.4
°
1955
°
33.0
33.2
20.7
26.6
61.2 70.2
1960
38
70.7
15.5
43.3
11.1
64.8
1965
47
133.3
8.2
85.1
5.9
65.1
1970
51
203.5
18.3
146.9
23.8
75.1
1975
63
379.1
8.9
275.6
-0.7
74.0
1980
85
629.9
8.3
476.0
3.2
77.2
1982
87
684.1
3.4
550.5
6.8
80.9
1983
90
740.5
8.2
552.0
0.3
76.1
1984
91
775.8
4.8
565.8
2.5
73.3
1985
93
802.8
3.5
599.3
5.9
74.6
1986
96
849.0
5.8
623.0
4.0
74.1
1987
100
865.6
2.0
741.3
19.0
85.6
1988
101
914.7
5.7
703.6
-5.1
78.9
1989
107
945.2
3.3
747.6
6.3
79.3
1990
107
1,004.3
6.3
846.4
13.2
85.9
1991
113
1,139.7
13.5
870.3
2.8
77.5
1992
112
1,269.7
11.4
972.5
11.7
79.0
1993
116
1,398.4
10.1
995.2
2.3
72.6
1994
111
1,456.9
4.2
1,087.4
9.3
76.3
1995
117
1,437.6
-1.3
1,078.7
-0.8
74.7
1996
118
1,437.3
0.0
1,107.1
2.6
76.7
1997
127
1,477.8
2.8
1,140.4
3.0
76.4
1998
120
1,419.5
-3.9
1,230.6
7.9
85.6
1999
117
1,366.6
-3.7
1,230.9
0.0
87.9
2000
113
1,312.5
-4.0
1,235.2
0.4
92.3
2001
112
1,314.1
0.1
1,171.7
-5.1
89.0
2002
108
1,322.7
0.7
1,226.2
4.6
92.3
2003
106
1,351.0
2.1
1,027.0
-16.2
76.9
2004
104
1,368.2
1.3
960.8
-6.4
70.6
2005
101
1,347.5
-1.5
962.1
0.1
71.4
2006
97
1,400.7
4.0
970.0
0.8
70.3
2007
99
1,359.7
-2.9
990.4
2.1
72.8
2008
101
1,437.0
5.7
1,026.7
3.7
72.6
2009
102
1,543.3
7.4
1,072.5
4.5
70.0
2010
107
1,591.7
3.1
1,152.0
7.4
72.8
2011
107
1,674.0
5.2
1,142.2
-0.9
68.6
average annual rates of change as % 1960–1970
x
11.2
x
13.0
x
x
1970–1980
x
12.0
x
12.5
x
x
1980–1990
x
4.8
x
5.9
x
x
1990–2000
x
2.7
x
3.9
x
x
2000–2010
x
1.9
x
-0.7
x
x
* German direct business; incl. EI-BI 1 written gross premiums; without insurance premium tax 2 gross claims incurred for the accounting year 3 gross claims incurred for the accounting year as % of earned gross premiums Source: GDV
67 year
Premium income and claims expenditure in marine and aviation insurance* number of insurance companies
premium income1 in EUR m
change against previous year as %
claims expenditure2 in EUR m
change against previous year as %
claims ratio as %3
1950
°
43.0
°
27.0
°
61.7
1960
°
191.0
°
130.0
°
67.9
1965
°
251.0
°
184.0
°
73.5
1970
°
395.0
°
273.0
°
69.2
1975
°
589.0
°
409.0
°
70.7
1980
°
912.0
8.1
698.0
8.0
77.3
1982
°
1,041.0
3.1
735.0
-3.2
71.1
1983
°
1,005.0
-3.5
683.0
-7.1
67.8
1984
°
1,049.0
4.4
742.0
8.6
70.9
1985
°
1,083.0
3.2
691.0
-6.9
63.7
1986
°
1,062.0
-1.9
657.0
-4.9
61.8
1987
°
1,041.0
-2.0
675.0
2.7
64.9
1988
°
1,118.0
7.4
726.0
7.6
72.2
1989
°
1,150.0
2.9
791.0
9.0
76.2
1990
°
1,214.0
5.6
976.0
23.4
90.9
1991
°
1,331.4
9.7
1,169.0
19.8
100.0
1992
°
1,487.7
11.7
1,028.0
-12.1
79.8
1993
°
1,557.2
4.7
1,000.0
-2.7
69.7
1994
°
1,565.9
0.6
1,000.0
0.0
69.7
1995
°
1,569.7
0.2
821.0
-17.9
71.2
1996
109
1,604.9
2.2
880.0
7.2
75.0
1997
110
1,617.9
0.8
881.0
0.1
75.0
1998
100
1,635.9
1.1
944.0
7.2
79.2
1999
96
1,610.0
-1.6
848.0
-10.2
74.3
2000
90
1,636.0
1.6
1,351.4
59.4
82.6
2001
86
1,746.0
6.7
1,372.4
1.6
78.6
2002
85
1,793.1
2.7
1,161.9
-15.3
64.8
2003
87
1,879.6
4.8
1,107.1
-4.7
58.9
2004
85
1,911.6
1.7
1,127.9
1.9
59.0
2005
77
1,845.1
-3.5
1,123.7
-0.4
60.9
2006
76
1,860.1
0.8
1,153.2
2.6
62.0
2007
75
1,857.6
-0.1
1,274.3
10.5
68.6
2008
72
1,729.9
-6.9
1,178.0
-7.6
68.1
2009
72
1,688.9
-2.4
1,106.2
-6.1
65.5
2010
77
1,775.2
x
1,136.2
x
64.0
2011
77
1,818.3
2.4
1,231.0
8.3
67.7
1960–1970
x
7.5
x
7.7
x
x
1970–1980
x
8.7
x
9.8
x
x
1980–1990
x
2.9
x
3.4
x
x
1990–2000
x
3.0
x
3.3
x
x
2000–2009
x
0.4
x
-2.2
x
x
average annual rates of change as %
* German direct business; goods in transit, carrier‘s liability, ocean hull and inland hull insurance and special classes (baggage, valuables in transit, exhibition risks a.o.); from 2010 incl. aviation insurance and aircraft and spacecraft liability insurance, due to this modification no rate of change for 2010 displayed 1 written gross premiums; without insurance premium tax 2 gross claims incurred for the accounting year; until 1999 without special classes (baggage, valuables in transit, exhibition risks a.o.) 3 gross claims incurred for the accounting year as % of earned gross premiums Source: GDV; BaFin
68
Premium income and claims expenditure in credit, surety and fidelity insurance* year
number of insurance companies
premium income1 in EUR m
change against previous year as %
claims expenditure2 in EUR m
change against previous year as %
claims ratio as %3
1960
17
17.6
°
6.0
°
34.2
1965
21
28.6
°
9.9
°
34.5
1970
11
42.4
°
17.3
°
40.8
1975
14
127.8
°
103.8
°
85.1
1980
21
242.9
13.2
139.1
-5.2
58.8
1982
19
314.1
12.9
349.6
60.4
112.3
1983
21
359.0
14.3
274.4
-21.5
76.6
1984
21
418.4
16.5
257.6
-6.1
62.3
1985
21
460.9
10.2
309.9
20.3
67.6
1986
20
479.9
4.1
306.7
-1.0
63.8
1987
21
494.0
2.9
288.1
-6.1
58.4
1988
24
530.9
7.5
295.3
2.5
56.0
1989
24
580.9
9.4
286.0
-3.1
49.6
1990
24
628.6
8.2
350.2
22.4
55.7
1991
17
872.6
38.8
505.7
44.4
58.0
1992
14
625.9
-28.3
481.2
-4.8
76.9
1993
14
672.6
7.5
661.3
37.4
98.3
1994
13
664.3
-1.2
753.5
13.9
113.4
1995
11
764.1
15.0
1,235.3
63.9
103.9
1996
12
831.8
8.9
867.2
-29.8
103.1
1997
13
925.1
11.2
674.9
-22.2
73.5
1998
14
968.3
4.7
518.7
-23.1
53.9
1999
13
948.8
-2.0
477.3
-8.0
50.7
2000
14
1,007.7
6.2
622.3
30.4
62.3
2001
12
1,095.9
8.8
971.8
56.2
90.5
2002
13
1,140.4
4.1
941.0
-3.2
86.3
2003
27
1,288.2
x
884.7
x
69.3
2004
27
1,308.0
1.5
743.1
-16.0
56.8
2005
31
1,374.4
5.1
869.5
17.0
63.4
2006
32
1,371.8
-0.2
691.0
-20.5
50.9
2007
34
1,381.0
0.7
714.6
3.4
51.9
2008
36
1,387.1
0.4
980.5
37.2
70.9
2009
39
1,400.1
0.9
1,074.5
9.6
76.7
2010
42
1,540.8
10.1
658.5
-38.7
43.1
2011
40
1,539.6
-0.1
726.7
10.4
47.5
average annual rates of change as % 1960–1970
x
9.2
x
11.2
x
x
1970–1980
x
19.1
x
23.2
x
x
1980–1990
x
10.0
x
9.7
x
x
1990–2000
x
4.8
x
5.9
x
x
2000–2010
x
4.3
x
0.6
x
x
* German direct business; until 2002 BaFin del credere and surety insurance, from 2003 GDV del credere, surety and fidelity insurance; due to this modification no rate of change for 2003 displayed 1 written gross premiums; without insurance premium tax 2 gross claims incurred for the accounting year 3 gross claims incurred for the accounting year as % of earned gross premiums Source: GDV; BaFin
69 year
Premium income and claims expenditure in general liability insurance* number of insurance companies
premium income1 in EUR m
change against previous year as %
claims expenditure2 in EUR m
change against previous year as %
claims ratio as %3
1970
104
622.0
°
439.4
°
1975
108
1,185.5
°
833.0
°
72.6 71.6
1980
126
1,869.9
12.9
1,402.5
6.4
77.2
1982
126
2,191.3
6.8
1,658.7
5.7
77.1
1983
126
2,329.9
6.3
1,738.9
4.8
76.1
1984
127
2,453.2
5.3
1,817.2
4.5
74.4
1985
132
2,555.7
4.2
2,017.0
11.0
79.6
1986
132
2,733.4
7.0
2,113.7
4.8
78.8
1987
134
2,951.8
8.0
2,282.4
8.0
78.3
1988
139
3,094.6
4.8
2,362.2
3.5
77.1
1989
141
3,296.1
6.5
2,555.5
8.2
78.4
1990
142
3,561.4
8.0
2,700.7
5.7
77.2
1991
146
4,040.9
13.5
3,054.6
13.1
76.5
1992
152
4,364.9
8.0
3,322.4
8.8
77.2
1993
151
4,758.1
9.0
3,563.7
7.3
76.1
1994
164
5,174.8
8.8
3,913.5
9.8
77.3
1995
164
5,450.2
5.3
4,332.2
10.7
80.1
1996
166
5,628.7
3.3
4,502.3
3.9
80.6
1997
168
5,766.1
2.4
4,743.9
5.4
82.4
1998
166
5,778.0
0.2
4,728.5
-0.3
82.4
1999
162
5,891.3
2.0
4,882.8
3.3
83.1
2000
159
5,876.7
-0.2
4,663.4
-4.5
78.9
2001
156
5,921.9
0.8
5,046.1
8.2
84.4
2002
155
6,148.4
3.8
4,647.1
-7.9
75.3
2003
155
6,305.9
2.6
4,400.6
-5.3
69.3
2004
147
6,534.9
3.6
4,479.8
1.8
68.4
2005
146
6,806.8
4.2
4,434.4
-1.0
65.5
2006
144
6,873.6
1.0
4,468.2
0.8
65.4
2007
143
6,821.4
-0.8
4,418.6
-1.1
64.5
2008
144
6,826.3
0.1
4,578.4
3.6
67.0
2009
139
6,836.2
0.1
4,629.7
1.1
67.5
2010
138
6,781.8
-0.8
4,709.9
1.7
69.5
2011
139
6,927.0
2.1
4,607.8
-2.2
66.9
average annual rates of change as % 1970–1980
x
11.6
x
12.3
x
x
1980–1990
x
6.7
x
6.8
x
x
1990–2000
x
5.1
x
5.6
x
x
2000–2010
x
1.4
x
0.1
x
x
* German direct business; without nuclear liability insurance, pecuniary damage liability insurance, aircraft and spacecraft liability insurance and carrier’s liability insurance 1 written gross premiums; without insurance premium tax 2 gross claims incurred for the accounting year 3 gross claims incurred for the accounting year as % of earned gross premiums Source: GDV
70
Premium income and claims expenditure in motor insurance* year
number of insurance companies
premium income1 in EUR m
change against previous year as %
claims expenditure2 in EUR m
change against previous year as %
claims ratio as %3
1976
97
5,475.4
°
4,880.1
°
89.8
1980
100
7,828.9
2.1
7,420.7
9.4
94.7
1982
104
8,556.9
1.5
7,928.1
0.7
92.1
1983
106
9,037.1
5.6
8,616.3
8.7
95.7
1984
109
9,475.4
4.9
9,312.7
8.1
98.4
1985
112
10,417.8
9.9
9,317.3
0.0
89.9
1986
113
10,799.8
3.7
10,217.2
9.7
94.8
1987
114
11,587.1
7.3
10,966.2
7.3
95.3
1988
116
12,665.1
9.3
11,516.4
5.0
92.5
1989
117
13,616.9
7.5
11,719.3
1.8
86.9
1990
122
14,346.2
5.4
12,847.3
9.6
91.1
1991
122
16,480.1
14.9
15,152.6
17.9
93.5
1992
124
18,152.5
10.1
17,525.5
15.7
98.4
1993
126
19,814.5
9.2
18,957.5
8.2
97.1
1994
124
22,082.5
11.4
19,356.2
2.1
88.4
1995
125
22,554.7
2.1
19,449.4
0.5
86.8
1996
129
21,714.6
-3.7
19,262.4
-1.0
89.2
1997
132
20,752.5
-4.4
19,245.3
-0.1
93.1
1998
130
19,958.9
-3.8
19,972.5
3.8
99.5
1999
126
19,776.0
-0.9
20,776.4
4.0
104.7
2000
125
20,358.2
2.9
20,354.8
-2.0
99.8
2001
125
21,340.9
4.8
20,144.7
-1.0
94.4
2002
118
21,967.9
2.9
20,358.2
1.1
92.6
2003
112
22,324.8
1.6
19,583.8
-3.8
87.6
2004
109
22,504.2
0.8
19,223.0
-1.8
85.4
2005
106
22,005.3
-2.2
18,952.9
-1.4
86.1
2006
103
21,221.4
-3.6
18,788.9
-0.9
88.4
2007
104
20,800.4
-2.0
19,094.5
1.6
91.8
2008
106
20,371.9
-2.1
19,560.7
2.4
96.0
2009
104
20,056.6
-1.5
19,420.0
-0.7
97.0
2010
100
20,158.0
0.5
20,060.2
3.3
99.6
2011
99
20,887.0
3.6
20,444.1
1.9
98.1
average annual rates of change as % 1976–1980
x
9.4
x
11.0
x
x
1980–1990
x
6.2
x
5.6
x
x
1990–2000
x
3.6
x
4.7
x
x
2000–2010
x
-0.1
x
-0.1
x
x
* German direct business 1 written gross premiums; without insurance premium tax 2 gross claims incurred for the accounting year 3 gross claims incurred for the accounting year as % of earned gross premiums Source: GDV
71 year
Premium income and claims expenditure in motor vehicle third party liability insurance* number of insurance companies
premium income1 in EUR m
change against previous year as %
claims expenditure2 in EUR m
change against previous year as %
claims ratio as %3
1976
96
4,164.8
°
3,992.1
°
96.0
1980
99
5,659.2
0.9
5,631.8
7.6
99.2
1982
102
6,057.1
2.1
5,858.4
0.2
96.3
1983
104
6,235.8
3.0
6,393.2
9.1
102.5
1984
107
6,483.5
4.0
6,610.7
3.4
102.0
1985
110
7,189.3
10.9
6,795.3
2.8
95.0
1986
110
7,355.5
2.3
7,298.2
7.4
99.2
1987
112
7,670.2
4.3
7,693.9
5.4
100.7
1988
113
8,257.6
7.7
8,122.8
5.6
99.9
1989
114
8,778.8
6.3
8,169.9
0.6
93.7
1990
119
9,370.9
6.7
8,633.3
5.7
93.5
1991
120
10,840.2
15.7
10,092.9
16.9
94.9
1992
122
11,466.0
5.8
11,130.5
10.3
98.4
1993
124
12,347.3
7.7
11,941.6
7.3
97.9
1994
123
13,276.3
7.5
12,578.9
5.3
95.3
1995
124
13,609.8
2.5
13,089.0
4.1
96.7
1996
128
13,066.3
-4.0
13,074.0
-0.1
100.6
1997
130
12,633.6
-3.3
13,442.4
2.8
106.8
1998
129
12,233.3
-3.2
13,868.8
3.2
112.8
1999
126
12,167.2
-0.5
14,138.7
1.9
115.8
2000
125
12,628.5
3.8
13,721.0
-3.0
108.4
2001
125
13,224.2
4.7
13,555.4
-1.2
102.5
2002
118
13,624.0
3.0
13,215.4
-2.5
97.0
2003
112
13,800.4
1.3
12,841.6
-2.8
93.0
2004
109
13,909.0
0.8
12,781.4
-0.5
91.9
2005
106
13,581.3
-2.4
12,578.6
-1.6
92.6
2006
103
13,097.7
-3.6
12,331.8
-2.0
94.0
2007
104
12,805.2
-2.2
12,406.9
0.6
96.9
2008
106
12,495.1
-2.4
12,165.0
-2.0
97.3
2009
104
12,148.0
-2.8
12,210.7
0.4
100.6
2010
100
12,124.1
-0.2
12,558.0
2.8
103.7
2011
99
12,550.6
3.5
12,452.2
-0.8
99.4
average annual rates of change as % 1976–1980
x
8.0
x
9.0
x
x
1980–1990
x
5.2
x
4.4
x
x
1990–2000
x
3.0
x
4.7
x
x
2000–2010
x
-0.4
x
-0.9
x
x
* German direct business 1 written gross premiums; without insurance premium tax 2 gross claims incurred for the accounting year 3 gross claims incurred for the accounting year as % of earned gross premiums Source: GDV
72
Premium income and claims expenditure in motor vehicle full own damage insurance* year
number of insurance companies
premium income1 in EUR m
change against previous year as %
claims expenditure2 in EUR m
change against previous year as %
claims ratio as %3
1976
°
609.3
°
490.6
°
85.0
1980
°
1,314.6
8.2
1,214.5
17.9
94.2
1982
°
1,539.0
-2.2
1,398.6
0.7
89.7
1983
105
1,731.2
12.5
1,498.0
7.1
88.0
1984
108
1,895.3
9.5
1,769.4
18.1
94.1
1985
111
2,065.6
9.0
1,776.3
0.4
86.6
1986
110
2,267.4
9.8
2,063.9
16.2
92.0
1987
112
2,684.6
18.4
2,380.0
15.3
90.1
1988
114
3,082.1
14.8
2,540.4
6.7
84.6
1989
115
3,362.4
9.1
2,696.1
6.1
81.5
1990
120
3,528.1
4.9
3,167.2
17.5
92.7
1991
120
4,163.9
18.0
4,058.3
28.1
98.9
1992
123
5,013.4
20.4
5,121.2
26.2
105.6
1993
125
5,744.7
14.6
5,632.0
10.0
100.1
1994
120
6,565.4
14.3
5,302.5
-5.9
82.0
1995
121
6,558.3
-0.1
4,911.2
-7.4
75.6
1996
123
6,215.2
-5.2
4,757.5
-3.1
77.2
1997
128
5,830.4
-6.2
4,511.9
-5.2
77.8
1998
126
5,567.5
-4.5
4,818.4
6.8
86.0
1999
121
5,562.4
-0.1
5,298.7
10.0
94.9
2000
120
5,747.7
3.3
5,372.7
1.4
93.3
2001
120
6,171.1
7.4
5,414.4
0.8
87.7
2002
113
6,436.5
4.3
5,770.3
6.6
89.6
2003
107
6,628.7
3.0
5,541.1
-4.0
83.5
2004
105
6,709.9
1.2
5,329.3
-3.8
79.4
2005
102
6,582.3
-1.9
5,312.1
-0.3
80.7
2006
99
6,374.8
-3.2
5,406.1
1.8
84.7
2007
100
6,302.5
-1.1
5,597.6
3.5
88.9
2008
102
6,260.2
-0.7
6,153.2
9.9
98.3
2009
100
6,372.6
1.8
6,152.4
0.0
96.8
2010
96
6,529.8
2.5
6,481.1
5.3
99.5
2011
94
6,811.2
4.3
6,872.0
6.0
101.1
1976–1980
x
21.2
x
25.4
x
x
1980–1990
x
10.4
x
10.1
x
x
average annual rates of change as %
1990–2000
x
5.0
x
5.4
x
x
2000–2010
x
1.3
x
1.9
x
x
* German direct business 1 written gross premiums; without insurance premium tax 2 gross claims incurred for the accounting year 3 gross claims incurred for the accounting year as % of earned gross premiums Source: GDV
73 year
Premium income and claims expenditure in motor vehicle partial own damage insurance* number of insurance companies
premium income1 in EUR m
change against previous year as %
claims expenditure2 in EUR m
change against previous year as %
claims ratio as %3
1976
°
461.8
°
316.7
°
68.4
1980
°
584.0
-1.1
469.3
10.8
79.7
1982
°
660.7
4.3
570.4
7.2
86.4
1983
103
754.7
14.2
624.6
9.5
83.5
1984
105
765.9
1.5
841.1
34.7
109.9
1985
109
822.0
7.3
658.4
-21.7
80.2
1986
109
824.6
0.3
763.8
16.0
92.1
1987
110
865.1
4.9
804.4
5.3
93.3
1988
113
942.2
8.9
756.3
-6.0
81.1
1989
113
1,086.1
15.3
758.2
0.2
70.7
1990
117
1,047.5
-3.6
952.3
25.6
90.0
1991
117
1,064.5
1.6
906.2
-4.8
86.4
1992
120
1,266.8
19.0
1,190.4
31.4
95.3
1993
122
1,324.3
4.5
1,305.4
9.7
100.1
1994
119
1,857.6
40.3
1,402.3
7.4
76.5
1995
121
2,020.9
8.8
1,381.6
-1.5
68.7
1996
123
2,095.2
3.7
1,368.6
-0.9
65.5
1997
127
1,979.8
-5.5
1,234.7
-9.8
62.3
1998
124
1,869.8
-5.6
1,234.3
0.0
65.6
1999
120
1,782.0
-4.7
1,292.7
4.7
72.3
2000
119
1,739.7
-2.4
1,222.4
-5.4
70.0
2001
119
1,724.7
-0.9
1,141.0
-6.7
66.1
2002
112
1,705.4
-1.1
1,344.8
17.9
78.8
2003
107
1,713.2
0.5
1,178.6
-12.4
68.7
2004
105
1,720.6
0.4
1,088.8
-7.6
63.2
2005
102
1,686.0
-2.0
1,040.0
-4.5
61.7
2006
99
1,603.2
-4.9
1,027.1
-1.2
63.9
2007
100
1,561.5
-2.6
1,061.4
3.3
67.9
2008
102
1,495.4
-4.2
1,214.2
14.4
81.2
2009
100
1,421.7
-4.9
1,034.3
-14.8
72.8
2010
96
1,393.8
-2.0
998.9
-3.4
71.7
2011
95
1,419.7
1.9
1,099.0
10.0
77.5
average annual rates of change as % 1976–1980
x
6.0
x
10.3
x
x
1980–1990
x
6.0
x
7.3
x
x
1990–2000
x
5.2
x
2.5
x
x
2000–2010
x
-2.2
x
-2.0
x
x
* German direct business 1 written gross premiums; without insurance premium tax 2 gross claims incurred for the accounting year 3 gross claims incurred for the accounting year as % of earned gross premiums Source: GDV
74
Premium income and claims expenditure in motor accident insurance* year
number of insurance companies
premium income1 in EUR m
change against previous year as %
claims expenditure2 in EUR m
change against previous year as %
claims ratio as %3
1976
94
239.5
°
80.8
°
33.9
1980
98
271.0
7.5
105.1
4.9
38.2
1982
101
300.1
3.7
100.7
0.7
33.1
1983
103
315.3
5.1
100.6
-0.1
31.5
1984
105
330.7
4.9
91.4
-9.1
27.6
1985
108
340.9
3.1
87.4
-4.5
25.5
1986
108
352.2
3.3
91.3
4.5
25.8
1987
110
367.2
4.3
88.0
-3.7
24.1
1988
112
383.2
4.3
96.9
10.1
25.3
1989
113
389.6
1.7
95.1
-1.8
24.3
1990
116
399.8
2.6
94.7
-0.5
23.7
1991
117
411.5
2.9
95.3
0.6
23.2
1992
120
406.3
-1.3
83.4
-12.4
20.6
1993
122
398.1
-2.0
78.4
-6.0
19.7
1994
118
383.2
-3.7
72.4
-7.6
18.9
1995
120
365.7
-4.6
67.6
-6.6
18.8
1996
122
337.9
-7.6
62.4
-7.8
18.4
1997
125
308.7
-8.6
56.3
-9.8
18.1
1998
123
288.3
-6.6
51.0
-9.4
17.6
1999
120
264.4
-8.3
46.3
-9.3
17.4
2000
120
242.4
-8.3
38.6
-16.6
15.8
2001
117
220.9
-8.9
33.8
-12.3
15.3
2002
111
202.1
-8.5
27.7
-18.3
13.7
2003
105
182.6
-9.7
22.5
-18.7
12.3
2004
102
164.7
-9.8
23.4
4.2
14.2
2005
100
155.6
-5.5
22.3
-4.8
14.3
2006
95
145.7
-6.4
23.9
7.0
16.3
2007
94
131.2
-9.9
28.5
19.5
21.7
2008
96
121.2
-7.7
28.4
-0.5
23.4
2009
93
114.2
-5.7
22.6
-20.4
19.8
2010
91
110.2
-3.6
22.1
-2.1
20.1
2011
90
105.4
-4.3
20.8
-5.8
19.8
1976–1980
x
3.1
x
6.8
x
x
1980–1990
x
4.0
x
-1.0
x
x
average annual rates of change as %
1990–2000
x
-4.9
x
-8.6
x
x
2000–2010
x
-7.6
x
-5.4
x
x
* German direct business 1 written gross premiums; without insurance premium tax 2 gross claims incurred for the accounting year 3 gross claims incurred for the accounting year as % of earned gross premiums Source: GDV
75 year
Premium income and claims expenditure in private accident insurance* number of insurance companies
premium income1 in EUR m
change against previous year as %
claims expenditure2 in EUR m
change against previous year as %
claims ratio as %3
1950
63
29.3
13.7
°
°
°
1960
91
124.2
12.2
62.2
11.7
57.3
1965
104
242.2
15.9
107.4
12.7
51.2
1970
99
456.4
16.5
213.9
20.3
54.8
1975
107
828.1
11.7
392.2
13.3
53.6
1980
125
1,471.4
12.0
691.4
12.1
53.8
1982
126
1,766.0
7.9
824.9
6.9
53.6
1983
127
1,913.9
8.4
897.9
8.9
54.1
1984
126
2,100.4
9.7
948.4
5.6
52.1
1985
129
2,260.7
7.6
1,027.6
8.4
52.5
1986
131
2,423.4
7.2
1,113.0
8.3
53.1
1987
134
2,574.2
6.2
1,177.8
5.8
52.9
1988
137
2,752.3
6.9
1,265.5
7.4
53.3
1989
140
2,926.1
6.3
1,338.0
5.7
53.0
1990
147
3,139.8
7.3
1,419.8
6.1
52.6
1991
151
3,767.1
20.0
1,591.8
12.1
50.1
1992
157
3,993.2
6.0
1,722.5
8.2
50.0
1993
156
4,165.3
4.3
1,848.6
7.3
51.0
1994
161
4,417.1
6.0
1,996.0
8.0
51.4
1995
165
4,662.5
5.6
2,165.6
8.5
54.1
1996
161
4,824.8
3.5
2,285.7
5.5
55.5
1997
162
4,986.9
3.4
2,406.7
5.3
57.1
1998
161
5,134.4
3.0
2,471.9
2.7
57.4
1999
156
5,300.2
3.2
2,509.8
1.5
57.0
2000
156
5,403.6
2.0
2,460.4
-2.0
55.2
2001
157
5,484.7
1.5
2,451.6
-0.4
54.4
2002
153
5,603.9
2.2
2,392.4
-2.4
52.4
2003
152
5,808.4
3.6
2,546.1
6.4
54.5
2004
148
5,969.2
2.8
2,586.2
1.6
54.6
2005
145
6,034.3
1.1
2,661.5
2.9
56.1
2006
142
6,237.0
3.4
2,794.6
5.0
57.4
2007
142
6,312.2
1.2
2,813.4
0.7
56.9
2008
142
6,359.1
0.7
2,855.6
1.5
57.1
2009
135
6,389.0
0.5
2,927.6
2.5
58.2
2010
134
6,411.2
0.3
3,037.3
3.7
60.2
2011
135
6,487.1
1.2
3,070.2
1.1
60.2 x
average annual rates of change as % 1950–1960
x
15.5
x
°
x
1960–1970
x
13.9
x
13.1
x
x
1970–1980
x
12.4
x
12.4
x
x
1980–1990
x
7.9
x
7.5
x
x
1990–2000
x
5.6
x
5.7
x
x
2000–2010
x
1.7
x
2.1
x
x
* German direct business 1 written gross premiums; without insurance premium tax 2 gross claims incurred for the accounting year 3 gross claims incurred for the accounting year as % of earned gross risk premiums (i.e. without the savings portion of accident insurance products with guaranteed premium return) Source: GDV
76
Premium income and claims expenditure in legal expenses insurance* year
number of insurance companies
premium income1 in EUR m
change against previous year as %
claims expenditure2 in EUR m
change against previous year as %
claims ratio as %3
1976
23
537.6
17.6
300.8
°
59.7
1980
26
840.1
10.2
531.9
15.7
65.2
1982
28
1,019.0
9.7
684.1
10.7
68.8
1983
28
1,081.1
6.1
739.3
8.1
69.5
1984
28
1,142.6
5.7
780.3
5.5
69.3
1985
31
1,209.3
5.8
828.7
6.2
69.7
1986
32
1,270.9
5.1
910.5
9.9
72.4
1987
32
1,336.2
5.1
979.1
7.5
74.0
1988
32
1,416.3
6.0
1,013.8
3.5
72.6
1989
32
1,520.1
7.3
1,050.8
3.7
70.4
1990
33
1,631.2
7.3
1,118.1
6.4
69.5
1991
36
1,771.6
8.6
1,187.5
6.2
68.1
1992
39
1,889.6
6.7
1,309.4
10.3
70.4
1993
41
2,003.1
6.0
1,453.1
11.0
73.7
1994
42
2,099.5
4.8
1,626.2
11.9
78.7
1995
45
2,216.2
5.6
1,776.0
9.2
81.6
1996
45
2,332.4
5.2
1,852.1
4.3
80.4
1997
49
2,467.2
5.8
1,913.6
3.3
78.8
1998
48
2,605.2
5.6
1,950.1
1.9
75.4
1999
49
2,635.1
1.1
1,937.9
-0.6
73.6
2000
48
2,689.9
2.1
1,922.3
-0.8
71.5
2001
49
2,707.0
0.6
1,965.7
2.3
72.4
2002
51
2,726.7
0.7
2,041.6
3.9
74.8
2003
50
2,827.2
3.7
2,083.4
2.0
74.2
2004
49
2,924.1
3.4
2,137.5
2.6
73.5
2005
50
3,013.9
3.1
2,228.9
4.3
74.2
2006
51
3,065.8
1.7
2,215.4
-0.6
72.4
2007
51
3,158.0
3.0
2,222.9
0.3
70.7
2008
49
3,203.7
1.4
2,275.5
2.4
71.2
2009
46
3,206.2
0.1
2,410.4
5.9
75.0
2010
47
3,247.5
1.3
2,335.7
-3.1
71.9
2011
49
3,330.6
2.6
2,338.4
0.1
70.6
average annual rates of change as % 1976–1980
x
11.8
x
15.3
x
x
1980–1990
x
6.9
x
7.7
x
x
1990–2000
x
5.1
x
5.6
x
x
2000–2010
x
1.9
x
2.0
x
x
* German direct business 1 written gross premiums; without insurance premium tax 2 gross claims incurred for the accounting year 3 gross claims incurred for the accounting year as % of earned gross premiums Source: GDV
77 year
Premium income and claims expenditure in roadside assistance* number of insurance companies
premium income1 in EUR m
claims expenditure2
change against previous year as %
in EUR m
change against previous year as %
1978
36
3.8
°
1.9
°
1980
46
13.7
57.4
4.9
38.7
1982
47
22.4
21.4
7.0
12.2
1983
50
26.2
16.8
8.2
17.8
1984
51
30.5
16.5
10.4
26.7
1985
51
35.0
14.9
12.6
20.8
1986
51
40.9
16.9
16.1
27.6
1987
50
47.0
14.7
19.7
22.3
1988
51
53.3
13.6
22.2
12.7
1989
51
60.1
12.7
25.7
15.9
1990
50
66.9
11.4
30.5
18.7
1991
56
75.4
12.6
36.1
18.5
1992
55
82.0
8.8
38.6
6.9
1993
59
85.6
4.4
39.0
1.1 0.7
1994
56
86.7
1.2
39.3
1995
58
87.1
0.5
41.7
6.2
1996
65
88.2
1.3
45.7
9.6
1997
75
117.5
x
58.4
x
1998
70
118.0
0.4
56.8
-2.7
1999
70
118.1
0.1
68.6
20.8
2000
76
127.4
7.8
75.7
10.2
2001
79
131.5
3.3
81.9
8.3
2002
77
130.9
-0.5
81.8
-0.1
2003
77
136.2
4.0
89.4
9.2
2004
75
148.2
8.9
91.2
2.1
2005
75
140.2
-5.4
92.1
0.9
2006
75
143.6
2.4
98.2
6.7
2007
77
148.1
3.1
111.7
13.7
2008
78
155.6
5.0
132.6
18.7
2009
77
162.3
4.3
175.3
x
2010
78
165.2
1.8
193.4
10.3
20113
81
170.9
3.4
195.3
1.0
average annual rates of change as % 1980–1990
x
17.2
x
20.1
x
1990–2000
x
6.6
x
9.5
x
2000–2010
x
2.6
x
9.8
x
* German direct business; until 1996 only individual contracts, due to this modification no rate of change for 1997 displayed 1 written gross premiums; without insurance premium tax 2 gross claims incurred for the accounting year; from 2009 incl. group contracts, due to this modification no rate of change for 2009 displayed 3 partly provisional figures Source: GDV
78
Technical results in property & casualty insurance by class* insurance class
2006
2007
2008
2009
2010
20111
claims ratio as %2 total of property insurance
68.3
81.3
71.4
68.1
73.6
72.6
– private property insurance, of which:
63.9
82.0
68.0
64.3
69.6
67.7
78.2
110.0
85.0
76.9
85.8
81.3
– c omprehensive insurance on buildings – c omprehensive insurance on contents
44.5
44.2
44.2
46.4
45.5
47.3
– non-private property insurance
72.8
80.4
75.0
72.1
78.0
78.0
– industrial / commercial / agricultural property insurance
73.4
82.3
75.7
72.7
79.4
80.8
– engineering insurance / EI-BI
70.3
72.8
72.6
70.0
72.8
68.6
marine and aviation insurance3
62.0
68.6
68.1
65.5
64.0
67.7
credit, surety and fidelity insurance
50.9
51.9
70.9
76.7
43.1
47.5
general liability insurance
65.4
64.5
67.0
67.5
69.5
66.9
motor insurance (incl. MA)
88.4
91.8
96.0
97.0
99.6
98.1
of which: – motor vehicle TPL
94.0
96.9
97.3
100.6
103.7
99.4
– motor vehicle full own damage
84.7
88.9
98.3
96.8
99.5
101.1 77.5
– motor vehicle partial own damage
63.9
67.9
81.2
72.8
71.7
private accident insurance2
57.4
56.9
57.1
58.2
60.2
60.2
legal expenses insurance
72.4
70.7
71.2
75.0
71.9
70.6
74.1
78.6
78.8
78.5
80.3
79.4
total of property & casualty insurance4
combined ratio as %5 total of property insurance
92.2
105.0
95.4
92.5
99.3
97.4
– private property insurance, of which:
91.8
109.7
95.6
92.6
98.9
96.3
102.8
133.8
109.5
101.9
112.2
106.6
– c omprehensive insurance on buildings – c omprehensive insurance on contents
75.4
75.7
74.9
78.7
78.5
79.8
– non-private property insurance
92.6
100.1
95.2
92.4
99.8
98.6
– industrial / commercial / agricultural property insurance
93.7
101.3
96.1
93.0
102.5
102.2
– engineering insurance / EI-BI
87.1
92.1
91.8
90.3
89.9
86.7
marine and aviation insurance3
89.2
89.8
95.7
98.1
95.8
98.6
credit, surety and fidelity insurance
60.5
72.0
77.9
90.8
56.9
67.3
general liability insurance
85.4
89.3
89.1
90.7
91.1
90.9
motor insurance (incl. MA)
95.4
98.1
101.6
103.3
107.4
107.4
of which: – motor vehicle TPL
95.3
97.3
96.2
100.5
105.9
104.3
– motor vehicle full own damage
98.4
102.2
112.3
111.0
113.8
115.1 101.2
– motor vehicle partial own damage
87.0
90.6
104.7
96.8
95.2
private accident insurance5
86.1
79.8
78.2
79.3
80.3
79.6
legal expenses insurance
99.1
97.8
95.5
99.0
99.6
97.7
total of property & casualty insurance4
91.4
95.7
94.9
95.6
98.2
97.9
* German direct business 1 partly provisional figures 2 gross claims incurred for the accounting year as % of earned gross premiums; private accident insurance: as % of earned gross risk premiums (i.e. without the savings portion of accident insurance products with guaranteed premium return) 3 from 2010 incl. aviation insurance and aircraft and spacecraft liability insurance 4 without nuclear insurance and pecuniary damage liability insurance; until 2009 without aviation insurance and aircraft and spacecraft liability insurance 5 claims-expenses ratio after settlement; as % of earned gross premiums; private accident insurance: as % of earned gross risk premiums (without the savings portion of accident insurance products with guaranteed premium return) Source: GDV; BaFin
79
Investment portfolio of property & casualty insurance companies* – in absolute figures
type of investments
2007
2008
2009
2010
2011
101.4
103.1
106.4
105.5
108.2
1.5
1.4
1.3
1.2
1.1
32.9
30.6
29.0
27.0
26.2 16.9
in EUR bn1 bonds and debentures mortgages loans
21.0
21.2
19.8
17.6
loans to states
loans to credit institutions
5.8
6.1
7.3
7.4
7.8
loans to companies
3.8
3.0
1.8
1.9
1.4
policy loans
0.0
0.0
0.1
0.0
0.0
other
2.3
0.3
0.0
0.1
0.1 23.8
mortgage bonds
24.0
24.0
25.4
24.5
government bonds
3.7
3.3
4.0
4.6
5.0
corporate bonds
1.4
2.2
3.0
3.1
3.2
26.7
30.1
30.9
32.8
34.8
bonds and debentures included in funds subordinated loans and profit participation rights
3.9
4.0
3.6
3.7
3.6
call money, time and fixed deposits
4.9
5.1
5.9
5.4
5.6 4.8
other bonds and debentures
2.3
2.4
3.3
3.4
14.2
8.5
7.7
8.2
6.4
directly held
1.4
1.1
0.1
0.8
0.7
held in funds
12.8
7.5
6.9
7.4
5.7
14.6
14.9
14.0
15.3
15.4
shares
participating interests real estate
5.3
5.2
5.3
5.1
5.5
directly held
4.5
4.3
4.5
4.2
4.4
held in funds
0.9
0.9
0.9
1.0
1.0
other investments
4.9
5.1
4.6
3.9
2.6
140.5
136.9
138.0
138.0
138.0
equity capital
29.5
28.4
28.0
29.6
°
technical provisions
96.3
97.4
100.9
100.5
°
total for information:
* as per end of year 1 without deposit receivables from the reinsurance business assumed as reinsurance cover Source: BaFin; GDV
79
Investment portfolio of property & casualty insurance companies* – in percentages type of investments
2007
2008
2009
2010
2011
72.1
75.3
77.1
76.5
78.4
1.1
1.0
0.9
0.8
0.8
23.4
22.3
21.0
19.6
19.0 12.2
as %1 bonds and debentures mortgages loans
14.9
15.5
14.3
12.7
loans to states
loans to credit institutions
4.1
4.5
5.3
5.4
5.7
loans to companies
2.7
2.2
1.3
1.3
1.0
policy loans
0.0
0.0
0.1
0.0
0.0
other
1.7
0.2
0.0
0.1
0.1 17.2
mortgage bonds
17.1
17.6
18.4
17.7
government bonds
2.6
2.4
2.9
3.3
3.6
corporate bonds
1.0
1.6
2.2
2.3
2.3
19.0
22.0
22.4
23.8
25.2
bonds and debentures included in funds subordinated loans and profit participation rights
2.7
2.9
2.6
2.7
2.6
call money, time and fixed deposits
3.5
3.7
4.3
3.9
4.0 3.5
other bonds and debentures shares directly held held in funds participating interests real estate
1.6
1.8
2.4
2.4
10.1
6.2
5.6
5.9
4.6
1.0
0.8
0.5
0.6
0.5
9.1
5.5
5.0
5.4
4.2
10.4
10.9
10.2
11.1
11.2
3.8
3.8
3.8
3.7
4.0
directly held
3.2
3.1
3.2
3.0
3.2
held in funds
0.6
0.7
0.6
0.7
0.7
other investments
3.5
3.7
3.3
2.8
1.9
100.0
100.0
100.0
100.0
100.0
total
* as per end of year 1 without deposit receivables from the reinsurance business assumed as reinsurance cover Source: BaFin; GDV
80 accounting year
Premium income and claims expenditure of reinsurance companies*
number of reinsurers
premiums earned incl. additional charges net of retrocession in EUR m
change against previous year as %
for information: foreign business as %1
claims expenditure, net of retrocession2 in EUR m
as % of earned premiums, net of retrocession
1960
28
742.9
°
°
453.3
61.0
1965
32
1,407.2
°
°
900.4
64.0
1970
25
2,078.5
°
°
1,451.8
69.8
1971
26
2,513.1
20.9
°
1,683.6
67.0
1972
25
2,850.2
13.4
°
1,878.7
65.9
1973
25
3,151.3
10.6
°
2,013.6
63.9
1974
25
3,420.5
8.5
°
2,112.2
61.8
1975
26
3,866.9
13.1
30.9
2,445.6
63.2
1976
29
4,339.0
12.2
32.8
2,833.4
65.3
1977
28
4,801.3
10.7
35.1
3,091.6
64.4
1978
29
5,394.7
12.4
35.5
3,548.8
65.8
1979
30
6,083.8
12.8
36.1
4,083.0
67.1
1980
30
7,141.0
17.4
40.4
4,832.7
67.7
1981
29
8,015.3
12.2
42.4
5,527.2
69.0
1982
28
8,398.3
4.8
42.0
5,955.1
70.9
1983
28
8,779.2
4.5
42.3
6,320.0
72.0
1984
28
9,381.3
6.9
44.3
6,811.8
72.6
1985
29
10,784.8
15.0
38.0
7,738.8
71.8
1986
30
11,157.1
3.5
36.6
7,763.3
69.6
1987
31
11,631.5
4.3
34.3
7,960.9
68.4
1988
29
12,612.5
8.4
34.7
8,407.9
66.7
1989
28
13,112.4
4.0
33.8
8,895.8
67.8
1990
28
13,713.0
8.7
34.2
10,123.9
73.8
1991
31
15,671.1
14.3
34.1
11,233.3
71.7
1992
32
17,872.5
14.0
36.3
12,685.0
71.0
1993
32
21,105.2
18.1
38.9
13,969.4
66.2
1994
33
21,528.9
2.0
36.6
14,088.1
65.4
1995
36
21,969.8
2.0
35.4
14,469.9
65.9
1996
33
22,411.1
2.0
37.6
14,509.0
64.7
1997
35
24,173.3
7.9
40.7
16,111.4
66.6
1998
40
23,969.3
-0.8
41.9
15,950.3
66.5
1999
39
26,147.4
9.1
46.9
19,594.9
74.9
2000
36
28,842.8
10.3
51.1
19,641.2
68.1
2001
37
31,808.2
10.3
55.5
24,484.6
77.0
2002
42
41,047.6
29.0
60.4
25,984.4
63.3
2003
43
40,157.1
-2.2
60.5
22,910.3
57.1
2004
44
37,126.5
-7.5
59.3
22,157.6
59.7
2005
43
35,672.9
-3.9
61.0
22,964.8
64.4
2006
43
36,014.6
1.0
60.7
19,307.4
53.6
2007
42
32,298.2
-10.3
61.6
17,925.2
55.5
2008
41
31,393.4
-2.8
65.2
17,654.7
56.2
2009
38
34,673.6
10.4
68.9
19,532.0
56.3
2010
37
36,191.2
4.4
73.1
22,944.4
63.4
* inward reinsurance of specialist reinsurers, which are included in the BaFin reports 1 share of written gross premiums from foreign ceding insurers in total business of reinsurance companies 2 claims incurred for the accounting year Source: BaFin
81
Premium income* of reinsurance companies by class insurance class
1960
1980
2000
2005
2006
2007
2008
2009
2010
share as %1 private accident
3.8
4.5
3.9
4.1
3.4
3.4
3.3
3.1
3.0
general liability
7.7
10.4
8.6
10.7
9.5
9.7
9.3
9.1
8.5
motor
35.4
23.9
19.0
14.2
14.7
15.1
14.2
12.0
11.5
fire
21.6
25.3
15.0
15.6
13.8
14.6
14.8
14.0
13.5
°
°
2.9
4.6
4.2
2.9
2.6
2.5
1.8
marine
10.6
7.3
4.4
4.1
4.0
4.5
4.6
3.9
3.7
life
10.4
10.3
22.8
26.5
29.8
27.0
27.9
30.5
30.3
others
10.5
18.3
23.4
20.2
20.6
22.8
23.3
24.9
27.7
aerospace2
* earned gross premiums total insurance business 1 as % of total earned gross premiums 2 incl. liability insurance Source: BaFin
82
Claims ratios and technical results of reinsurance companies by class insurance class
1980
2000
2005
2006
2007
2008
2009
2010
55.5
56.2
56.3
73.7
claims ratio as %1 total
67.7
72.2
64.4
53.6
of which: private accident
52.4
46.1
42.7
47.7
39.6
39.6
38.6
56.5
general liability
66.3
81.6
51.7
57.1
66.5
65.0
69.5
90.3
motor
79.5
90.6
73.2
79.9
79.4
88.7
82.9
99.5
fire
70.7
87.9
97.8
46.0
54.5
67.3
54.8
104.8
102.7
98.2
25.1
28.5
53.0
27.0
45.2
91.1
marine
81.8
94.2
76.0
39.2
38.5
53.2
49.7
86.5
life
34.0
46.9
55.4
46.0
47.3
38.9
41.1
50.4
3.5
1.2
aerospace2
technical result as %3 total
-4.1
-9.7
-4.7
4.4
2.8
1.0
of which: private accident
1.3
1.8
-67.2
-59.5
-29.0
-29.3
-8.4
11.8
general liability
2.0
-13.8
-23.7
1.3
-9.9
-8.4
-35.7
-24.7 -3.7
motor
-3.2
-13.9
1.1
-10.4
-4.9
-14.3
-0.8
fire
-9.2
-21.6
-16.0
33.5
18.8
13.3
36.2
3.6
aerospace2
-23.4
-23.5
23.3
34.8
-16.8
18.5
30.4
22.0
marine
-11.8
-25.2
-14.8
-26.2
8.3
5.5
8.6
4.5
1.0
0.0
4.0
4.8
6.3
2.3
5.5
4.7
life
1 claims incurred for the accounting year as % of earned premiums, net of retrocession 2 without liability insurance 3 technical result, net of retrocession, before change in the equalisation provision and similar provisions as % of earned premiums, net of retrocession Source: BaFin
83
Investment portfolio of reinsurance companies*
type of investment
2007
2008
2009
2010
2011 86.9
in EUR bn1 bonds and debentures
66.1
83.4
82.4
82.2
shares
15.5
9.1
11.1
7.4
6.7
101.8
103.3
93.7
99.3
103.9
participating interests real estate other investments total
2.5
1.9
1.9
2.0
2.6
20.1
17.8
14.8
16.5
15.1
206.1
215.6
204.0
207.5
215.1 40.4
as % of investments bonds and debentures
32.1
38.7
40.4
39.6
7.5
4.2
5.5
3.6
3.1
49.4
47.9
45.9
47.9
48.3
real estate
1.2
0.9
0.9
1.0
1.2
other investments
9.8
8.3
7.3
7.9
7.0
100.0
100.0
100.0
100.0
100.0
shares participating interests
total
in EUR bn1 for information: equity capital technical provisions
71.0
70.8
72.6
71.3
°
111.4
109.5
106.6
111.3
°
* as per end of year 1 without deposit receivables from the insurance business assumed as reinsurance cover Source: BaFin; GDV
84
Development of the population 1950–2060* ages from … to under … years
1950
1960
1970
1980
1990
2000
numbers in 1,000 under 20
21,084
20,760
23,413
20,972
17,307
17,390
20–35
13,284
16,104
16,480
16,764
19,572
16,277
35–50
16,145
13,050
14,735
16,363
15,809
19,326
50–65
12,084
14,763
12,663
12,135
15,153
15,572
20–65 total
41,513
43,916
43,877
45,261
50,534
51,176
65 and older
6,749
8,470
10,780
12,164
11,912
13,694
73,147
78,069
78,397
79,753
82,260
total
69,346
as % of total population under 20
30.4
28.4
30.0
26.8
21.7
21.1
20–35
19.2
22.0
21.1
21.4
24.5
19.8
35–50
23.3
17.8
18.9
20.9
19.8
23.5
50–65
17.4
20.2
16.2
15.5
19.0
18.9
20–65 total
59.9
60.0
56.2
57.7
63.4
62.2
65 and older
9.7
11.6
13.8
15.5
14.9
16.6
100.0
100.0
100.0
100.0
100.0
100.0
16.3
19.3
24.6
26.9
23.6
26.8
total old age dependency ratio1 ages from … to under … years
2010
2020
2030
2040
2050
2060 10,085
numbers in 1,000 under 20
15,082
13,624
12,926
11,791
10,700
20–35
14,789
13,683
11,807
10,964
10,516
9,477
35–50
18,692
14,708
14,598
12,815
11,528
11,171
50–65
16,344
19,245
15,743
14,550
13,678
11,943
20–65 total
49,826
47,636
42,148
38,329
35,722
32,591
65 and older
16,844
18,653
22,275
23,709
22,988
21,975
total
81,752
79,914
77,350
73,829
69,412
64,651
as % of total population under 20
18.5
17.1
16.2
14.8
13.4
12.6
20–35
18.1
17.1
14.8
13.7
13.2
11.9
35–50
22.9
18.4
18.3
16.0
14.4
14.0
50–65
20.0
24.1
19.7
18.2
17.1
14.9
20–65 total
61.0
59.6
52.7
48.0
44.7
40.8
65 and older
20.6
23.3
27.9
29.7
28.8
27.5
100.0
100.0
100.0
100.0
100.0
100.0
33.8
39.2
52.8
61.9
64.4
67.4
total old age dependency ratio1
* each as per end of year; from 2020 estimated figures of the 12th co-ordinated population forecast, variant 1-W1: birth rate approximately constant, life expectancy: baseline, migration balance: 100,000 p.a. 1 number of persons aged 65 and over per 100 persons aged 20–64 Source: StBA
85 mortality table for period
Development of mortality
average remaining duration of life at specified ages of … years according to the respectively prevailing mortality conditions1 0
1
30
60
80
0
1
men
30
60
80
women West2
1871/81
35.6
46.5
31.4
12.1
4.1
38.5
48.1
33.1
12.7
4.2
1891/1900
40.6
51.9
33.5
12.8
4.2
44.0
53.8
35.6
13.6
4.5
1932/34
59.9
64.4
39.5
15.1
4.8
62.8
66.4
41.1
16.1
5.2
1949/51
64.6
67.8
41.3
16.2
5.2
68.5
71.0
43.9
17.5
5.6
1960/62
66.9
68.3
41.1
15.5
5.2
72.4
73.5
45.5
18.5
5.9
1980/82
70.2
70.1
42.4
16.5
5.7
76.9
76.7
48.4
20.8
7.0
1997/99
74.8
74.2
44.0
19.2
7.0
80.7
80.1
51.5
23.4
8.4
East3 1956/57
66.3
69.0
42.0
16.2
5.3
71.0
73.0
45.3
18.5
5.9
1969/70
68.8
69.3
41.9
16.1
6.0
74.2
74.4
46.4
19.3
6.6
1985/86
69.6
69.4
41.6
15.9
5.1
75.5
75.1
46.8
19.2
6.0
1997/99
73.0
72.4
44.4
18.3
6.5
80.0
79.3
50.8
22.7
8.1
Germany 1997/99
74.4
73.8
45.7
19.0
6.9
80.6
79.9
51.3
23.3
8.4
1999/2001
75.1
74.5
46.3
19.5
7.1
81.1
80.4
51.8
23.7
8.6
2000/2002
75.4
74.7
46.5
19.7
7.1
81.2
80.5
51.9
23.8
8.6
2001/2003
75.6
74.9
46.7
19.8
7.1
81.3
80.7
52.0
23.9
8.6
2002/2004
75.9
75.2
46.9
20.1
7.2
81.6
80.9
52.2
24.1
8.6
2003/2005
76.2
75.6
47.2
20.3
7.4
81.8
81.1
52.4
24.3
8.7
2004/2006
76.6
76.0
47.6
20.6
7.5
82.1
81.4
52.7
24.5
8.9
2005/2007
76.9
76.2
47.8
20.8
7.6
82.3
81.5
52.9
24.6
8.9
2006/2008
77.2
76.5
48.1
20.9
7.7
82.4
81.7
53.0
24.7
9.0
2007/2009
77.3
76.7
48.2
21.0
7.7
82.5
81.8
53.1
24.8
9.0
2008/2010
77.5
76.8
48.4
21.2
7.7
82.6
81.9
53.2
24.9
9.1
1 no statement on future life expectancy possible on this basis due to the upward trend in the age of death 2 until 1932/34 Reich territory, 1949/51 former FRG territory without the Saar and Berlin, 1960/62 until 1997/99 former FRG territory 3 territory of the East German Länder and East Berlin Source: StBA
86
Development of households 1950–2030* 1950
1961
1970
1980
1990
2000
numbers in 1,000 total numbers of households
16,650
19,460
21,991
24,811
28,175
38,124
single households
3,229
4,010
5,527
7,493
9,649
13,750
two-person households
4,208
5,128
5,959
7,123
8,520
12,720
three-person households
3,833
4,389
4,314
4,387
4,712
5,598
four-person households
2,692
3,118
3,351
3,636
3,602
4,391
household with 5 or more persons
2,687
2,787
2,839
2,176
1,493
1,665
49,850
56,012
60,176
61,481
63,492
82,473
2.99
2.88
2.74
2.48
2.25
2.16
for information: total number of persons living in households average number of persons per household
20091
2010
2011
2015
2020
2030
numbers in 1,000 total numbers of households
40,188
40,301
40,439
40,700
41,044
41,020
single households
15,995
16,195
16,337
16,687
17,118
17,799
two-person households
13,741
13,793
13,877
14,419
14,991
15,487
three-person households
5,139
5,089
5,081
4,765
4,468
3,827
four-person households
3,887
3,846
3,789
3,553
3,303
2,905
household with 5 or more persons
1,427
1,378
1,355
1,275
1,164
1,001
82,049
81,779
80,950
80,839
79,929
77,220
2.04
2.03
2.00
1.99
1.95
1.88
for information: total number of persons living in households average number of persons per household
* until 1990 former FRG territory, from 2000 Germany; until 2010 microcensus, from 2011 household projection of 2010, trends variant, based on variant 1-W1 of the 12th co-ordinated population forecast 1 due to modified classification, figures partly not comparable to previous years Source: StBA
87 year1
Volume and structure of employment total employment
male
female
employment by occupational status
1950
20,376
13,109
7,267
13,963
6,413
°
1,869
1960
26,501
16,648
9,854
20,594
5,907
°
271
1970
26,452
16,942
9,510
21,896
4,556
°
149
1980
26,874
16,782
10,092
23,635
3,240
20,954
889
1990
29,334
17,585
11,749
26,176
3,158
22,368
1,883
1998
35,860
20,509
15,351
31,878
3,982
27,208
4,279
1999
36,402
20,659
15,744
32,497
3,905
27,483
4,099
2000
36,604
20,680
15,924
32,638
3,966
27,826
3,889
2001
36,816
20,629
16,187
32,743
4,073
27,817
3,852
2002
36,536
20,336
16,200
32,469
4,068
27,571
4,060
2003
36,172
19,996
16,176
32,043
4,129
26,955
4,376
2004
35,659
19,681
15,978
31,405
4,254
26,524
4,381
2005
36,566
20,134
16,432
32,066
4,501
26,178
4,861
2006
37,344
20,477
16,867
32,830
4,513
26,354
4,487
2007
38,163
20,890
17,272
33,606
4,556
26,855
3,760
2008
38,734
21,188
17,546
34,241
4,492
27,458
3,258
2009
38,662
20,972
17,690
34,203
4,460
27,380
3,415
2010
38,938
21,048
17,891
34,459
4,480
27,710
3,238
2011
°
°
°
°
°
28,381
2,976
other services
labour force
unemployed5
employees
for information selfemployed2 employees unemployed4 subject to social insurance conributions3
numbers in 1,000
year
employment by economic sector
for information unemployed as % of labour force
agriculture, forestry, fishery
manufacturing industry
2000
987
12,102
8,417
15,097
41,918
2,880
6.9
2001
943
11,934
8,531
15,408
42,109
2,900
6.9
2002
923
11,656
8,355
15,602
42,223
3,229
7.7
2003
895
11,265
8,297
15,716
42,335
3,703
8.8
2004
832
10,986
8,188
15,653
42,713
3,931
9.2
20056
867
10,869
8,504
16,326
43,330
4,573
10.6
2006
844
11,037
8,724
16,738
43,241
4,245
9.8
2007
859
11,363
8,884
17,057
43,252
3,601
8.3
2008
873
11,492
8,896
17,475
43,352
3,136
7.2
2009
648
11,082
9,735
17,197
43,399
3,228
7.4
2010
637
10,995
9,812
17,495
43,321
2,946
6.8
trade, hotels and restaurants, transport, communication
numbers in 1,000
as %
1 until 1990 former FRG territory, from 1998 Germany 2 incl. family members assisting in business 3 as at 30 June of the respective year 4 according to the definition of BA 5 according to the definition of ILO 6 due to modified classification, figures partly not comparable to previous years Source: StBA; BA
88
Gross domestic products and its components – at current prices year1
gross domestic product
expenditure expenditure fixed capital on private on public formation consumption consumption
change in inventories
net export of goods and services
in EUR bn 1970
360.6
195.2
55.1
92.0
10.6
7.7
1980
788.5
452.1
154.9
178.1
8.5
-5.1
1990
1,306.7
717.2
234.8
277.7
4.4
72.5
1991
1,415.8
770.5
251.9
306.7
10.1
76.6
1991
1,534.6
882.6
288.9
356.8
12.2
-5.8
1995
1,848.5
1,066.5
358.1
405.0
8.0
11.0
1996
1,875.0
1,088.6
369.4
399.8
-0.8
18.0
1997
1,912.6
1,110.8
369.1
402.2
5.8
24.7
1998
1,959.7
1,130.1
374.5
414.1
14.1
26.9
1999
2,000.2
1,161.9
384.8
427.0
9.0
17.6
2000
2,047.5
1,195.0
389.6
439.6
17.4
6.3
2001
2,101.9
1,233.4
399.1
421.7
5.9
41.7
2002
2,132.2
1,240.6
410.4
391.8
-6.5
95.9
2003
2,147.5
1,264.5
415.5
382.0
1.4
84.2
2004
2,195.7
1,283.6
414.2
381.8
5.3
110.8
2005
2,224.4
1,307.0
417.3
384.5
-0.3
116.0
2006
2,313.9
1,339.5
424.7
417.8
1.8
130.1
2007
2,428.5
1,356.7
434.0
447.9
19.9
170.0
2008
2,473.8
1,387.7
452.6
460.7
18.6
154.2
2009
2,374.5
1,387.4
475.8
409.3
-16.5
118.5
2010
2,476.8
1,423.0
488.8
433.6
-4.0
135.5
2011
2,570.8
1,473.1
501.4
467.7
1.0
127.7
1995
3.7
3.3
4.3
0.8
x
x
1996
1.4
2.1
3.1
-1.3
x
x
change against previous year as %
1997
2.0
2.0
-0.1
0.6
x
x
1998
2.5
1.7
1.5
3.0
x
x
1999
2.1
2.8
2.7
3.1
x
x
2000
2.4
2.9
1.2
2.9
x
x
2001
2.7
3.2
2.5
-4.1
x
x
2002
1.4
0.6
2.8
-7.1
x
x
2003
0.7
1.9
1.2
-2.5
x
x
2004
2.2
1.5
-0.3
-0.0
x
x
2005
1.3
1.8
0.7
0.7
x
x
2006
4.0
2.5
1.8
8.7
x
x
2007
5.0
1.3
2.2
7.2
x
x
2008
1.9
2.3
4.3
2.9
x
x
2009
-4.0
-0.0
5.1
-11.2
x
x
2010
4.3
2.6
2.7
5.9
x
x
2011
3.8
3.5
2.6
7.9
x
x
average annual rates of change as % 1970–1980
8.1
8.8
10.9
6.8
x
x
1980–1991
5.5
5.0
4.5
5.1
x
x
1991–2000
3.3
3.4
3.4
2.3
x
x
2000–2010
1.9
1.8
2.3
-0.1
x
x
1 until first figure 1991 former FRG territory, from second figure 1991 Germany Source: StBA
89
Gross domestic product and its components – price-adjusted*
year1
gross domestic product
expenditure on expenditure on private consumption public consumption
fixed capital formation
1970
56.8
55.7
58.3
66.8
1980
75.6
77.8
89.1
78.4
1990
95.1
95.8
96.8
95.0
1991
100.0
100.0
100.0
100.0
1991
84.2
85.0
82.4
95.1
1996
89.2
92.4
93.5
98.5
1997
90.8
93.1
94.0
99.4
1998
92.5
94.3
96.1
103.4
1999
94.2
96.5
96.9
108.1
2000
97.1
98.5
98.3
110.9
2001
98.5
99.8
98.7
107.2
2002
98.6
99.2
99.9
100.7
2003
98.2
99.5
100.3
99.5
2004
99.3
99.9
99.7
99.2
2005
100.0
100.0
100.0
100.0
2006
103.7
101.5
100.9
108.2
2007
107.1
101.3
102.4
113.4
2008
108.3
101.9
105.5
115.2
2009
102.7
101.8
109.0
102.1
2010
106.5
102.5
110.9
107.7
2011
109.7
103.9
112.1
114.6
1991 = 100
2005 = 100
change against previous year as % 1996
0.8
1.1
2.4
-0.6
1997
1.7
0.8
0.6
0.9
1998
1.9
1.2
2.2
4.0
1999
1.9
2.4
0.9
4.5
2000
3.1
2.0
1.4
2.6
2001
1.5
1.3
0.4
-3.3
2002
0.0
-0.6
1.2
-6.1
2003
-0.4
0.3
0.4
-1.2
2004
1.2
0.4
-0.6
-0.2
2005
0.7
0.2
0.3
0.8
2006
3.7
1.5
0.9
8.2
2007
3.3
-0.2
1.4
4.7
2008
1.1
0.6
3.1
1.7
2009
-5.1
-0.1
3.3
-11.4
2010
3.7
0.6
1.7
5.5
2011
3.0
1.4
1.1
6.4
average annual rates of change as % 1970–1980
2.9
3.4
4.3
1.6
1980–1991
2.6
2.3
1.1
2.2
1991–2000
1.6
1.6
2.0
1.7
2000–2010
0.9
0.4
1.2
-0.3
* at prices of the preceding year as a chain index 1 until first figure 1991 former FRG territory, from second figure 1991 Germany Source: StBA
90
Gross fixed assets – price-adjusted* year
total
1997
85.6
1998
87.7
1999
residential property
non-residential property
machinery and equipment1
82.9
90.1
83.7
85.4
91.7
86.0
89.9
87.9
93.2
88.7
2000
92.2
90.3
94.7
92.0
2001
94.2
92.5
96.1
94.6
2002
95.8
94.5
97.2
96.3
2003
97.3
96.4
98.3
97.5
2004
98.7
98.3
99.2
98.7
2005
100.0
100.0
100.0
100.0
2006
101.5
101.8
100.9
102.1
2007
103.2
103.6
101.8
105.0
2008
104.8
105.3
102.7
107.9
2009
105.8
106.8
103.4
108.2
2010
107.0
108.5
104.2
109.2
2011
108.4
110.2
104.8
110.8
2005 = 100
change against previous year as % 1997
2.5
3.1
1.9
2.1
1998
2.5
3.0
1.8
2.8
1999
2.5
2.9
1.7
3.2
2000
2.5
2.7
1.6
3.6
2001
2.2
2.4
1.4
2.9
2002
1.7
2.2
1.1
1.7
2003
1.6
2.1
1.1
1.2
2004
1.4
1.9
0.9
1.2
2005
1.4
1.8
0.8
1.4
2006
1.5
1.8
0.9
2.1
2007
1.6
1.7
0.9
2.8
2008
1.6
1.6
0.9
2.8
2009
1.0
1.5
0.8
0.3
2010
1.1
1.5
0.7
0.8
2011
1.3
1.6
0.5
1.5
* existing machinery, equipment and property as per end of year; at prices of the preceding year as a chain index 1 incl. immaterial assets, farm animals and useful plants Source: StBA
91
Net fixed assets* – at replacement prices
year
total
residential property
non-residential property
machinery and equipment1
1997
6,056.6
2,924.2
2,217.5
915.0
1998
6,174.2
3,000.1
2,237.2
936.9
1999
6,276.3
3,068.2
2,246.4
961.7
2000
6,447.0
3,149.2
2,291.1
1,006.7
2001
6,552.9
3,210.0
2,311.3
1,031.5
2002
6,604.4
3,260.9
2,310.0
1,033.6
2003
6,653.3
3,312.2
2,320.0
1,021.1
2004
6,782.5
3,397.8
2,360.0
1,024.7
2005
6,892.5
3,467.4
2,384.7
1,040.5
2006
7,104.4
3,587.9
2,443.3
1,073.2
2007
7,552.4
3,845.3
2,586.1
1,121.0
2008
7,861.3
4,004.6
2,687.7
1,169.0
2009
7,967.2
4,085.4
2,720.9
1,161.0
2010
8,111.3
4,189.2
2,755.9
1,166.2
2011
8,388.5
4,359.6
2,836.0
1,192.9
in EUR bn
change against previous year as % 1997
2.0
2.9
1.1
1.2
1998
1.9
2.6
0.9
2.4
1999
1.7
2.3
1.4
2.6
2000
2.7
2.6
2.0
4.7
2001
1.6
1.9
0.9
2.5
2002
0.8
1.6
-0.1
0.2
2003
0.7
1.6
0.4
-1.2
2004
1.9
2.6
1.7
0.4
2005
1.6
2.0
1.0
1.5
2006
3.1
3.5
2.5
3.1
2007
6.3
7.2
5.8
4.5
2008
4.1
4.1
3.9
4.3
2009
1.3
2.0
1.2
-0.7
2010
1.8
2.5
1.3
0.4
2011
3.4
4.1
2.9
2.3
1997
100
48.3
36.6
15.1
1998
100
48.6
36.2
15.2
as % of net fixed assets
1999
100
48.9
35.8
15.3
2000
100
48.8
35.5
15.6
2001
100
49.0
35.3
15.7
2002
100
49.4
35.0
15.6
2003
100
49.8
34.9
15.3
2004
100
50.1
34.8
15.1
2005
100
50.3
34.6
15.1
2006
100
50.5
34.4
15.1
2007
100
50.9
34.2
14.8
2008
100
50.9
34.2
14.9
2009
100
51.3
34.2
14.6
2010
100
51.6
34.0
14.4
2011
100
52.0
33.8
14.2
* existing machinery, equipment and property as per end of year 1 incl. immaterial assets, farm animals and useful plants Source: StBA
92
Building activity and stock of residential buildings and dwellings year
dwellings1
existing number existing number existing number of dwellings2 of detached of residential houses2, 3, 4 buildings2, 3
building permits
completed constructions
1980
381
389
°
°
11,217
1990
391
256
33,856
10,345
12,423
1993
607
455
34,989
10,682
12,844
1994
713
573
35,371
12,734
15,523
1995
639
603
35,954
12,898
15,732
1996
576
559
36,493
13,050
15,924
1997
528
578
37,050
13,224
16,137
1998
476
501
37,530
13,409
16,353
1999
437
473
37,984
13,613
16,583
2000
348
423
38,384
13,811
16,802
2001
291
326
38,682
13,971
16,978
2002
274
290
38,925
14,121
17,139
2003
297
268
39,142
14,267
17,294
2004
269
278
39,362
14,423
17,459
2005
241
242
39,551
14,557
17,600
2006
248
249
39,754
14,690
17,742
2007
183
211
39,918
14,800
17,859
2008
175
176
40,057
14,884
17,950
2009
178
159
40,184
14,958
18,029
2010
188
160
40,319
15,033
18,111
20115
228
°
°
°
°
numbers in 1,000
existing dwellings2 in 1,000
as %
Baden-Württemberg
5,006
Bavaria
building permits for dwellings
completed dwellings
numbers
numbers
per 1,000 inhabitants
12.4
28,842
24,380
2.3
6,027
14.9
42,416
33,137
2.6
Berlin
1,899
4.7
5,470
4,321
1.2
Brandenburg
1,281
3.2
6,779
6,521
2.6
Bremen
355
0.9
1,118
823
1.2
Hamburg
893
2.2
4,129
3,520
2.0
Hesse
2,885
7.2
12,192
11,008
1.8
Lower Saxony
3,811
9.5
16,565
14,105
1.8
897
2.2
4,678
3,743
2.3
North Rhine-Westphalia
8,589
21.3
36,441
33,685
1.9
Rhineland-Palatinate
1,955
4.8
9,364
8,032
2.0
514
1.3
1,230
1,026
1.0
2,326
5.8
5,626
4,429
1.1
2010
Mecklenburg-West Pomerania
Saar Saxony Saxony-Anhalt
1,307
3.2
1,787
1,550
0.7
Schleswig-Holstein
1,406
3.5
8,222
6,982
2.5
Thuringia
1,166
2.9
2,773
2,570
1.1
Germany
40,319
100.0
187,632
159,832
2.0
1 total of the respective year; until 1990 former FRG territory, from 1993 Germany 2 as per end of year 3 until 1993 former FRG territory, from 1994 Germany 4 residential buildings with 1 or 2 dwellings 5 provisional figure Source: StBA
93 year
Business start-ups and insolvencies registrations of a trade or business numbers
change against previous year as %
insolvencies numbers
change against of which private insolvencies previous year as %
1980
°
°
9,140
°
1990
°
°
13,271
°
° °
1991
°
°
13,323
0.4
°
1992
°
°
15,302
14.9
°
1993
°
°
20,298
32.6
°
1994
°
°
24,928
22.8
°
1995
°
°
28,785
15.5
°
1996
780,013
°
31,471
9.3
°
1997
802,935
2.9
33,398
6.1
°
1998
811,377
1.1
33,947
1.7
°
1999
780,935
-3.8
34,038
0.2
3,357
2000
755,172
-3.3
42,259
24.2
10,479
2001
728,978
-3.5
49,326
16.7
13,277
2002
723,333
-0.8
84,428
71.2
21,441
2003
810,706
12.1
100,723
19.3
33,607
2004
960,533
18.5
118,274
17.4
49,123
2005
895,144
-6.8
136,554
15.5
68,898
2006
881,791
-1.5
161,430
18.2
96,586
2007
848,561
-3.8
164,597
2.0
105,238
2008
833,281
-1.8
155,202
-5.7
98,140
2009
864,415
3.7
162,907
5.0
101,102
2010
862,986
-0.2
168,458
3.4
108,798
2011
821,207
-4.8
159,418
-5.4
103,289
Source: StBA
94
Health care sector 19801
1990
1995
2005
2008
2009
2010
personnel in the health care sector (numbers in 1,000) 139
238
274
308
320
326
dentists
medical practitioners
33
55
61
65
66
67
334 68
pharmacists
28
42
49
56
59
59
60
staff in hospitals2
°
°
888
796
798
808
816
medical staff3
°
°
102
122
128
131
135
paramedical staff
°
°
786
674
669
677
681
hospitals (numbers)
3,234
2,139
2,083
2,084
2,064
health care institutions beds (numbers)
2,417
2,325
707,710 671,370 609,123 523,824 503,360 503,341 502,749
rate of capacity utilisation (as %)
84.9
86.6
82.1
74.9
77.4
77.5
77.4
expenditure on health care in EUR bn4 total
98.5
155.4
186.9
240.4
264.4
278.4
287.3
in out-patient facilities
°
°
87.6
116.6
131.7
138.1
141.4
in in-patient / semi-in-patient facilities
°
°
70.6
87.3
94.6
100.2
104.2
of which:
financed by: public finances
°
°
19.9
13.6
13.4
13.9
13.8
statutory health insurance
°
°
112.5
135.9
151.5
160.9
165.5
private health insurance
°
°
14.3
22.0
24.9
26.0
26.8
other social insurance agencies
°
°
13.1
25.5
27.3
28.8
30.2
employers
°
°
7.8
10.1
11.2
11.6
12.0
private households5 as % of GDP in EUR per capita
°
°
19.4
33.2
36.1
37.4
39.0
8.8
8.7
10.1
10.7
10.7
11.7
11.6
°
°
2,280
2,900
3,220
3,400
3,510
°
°
68.4
62.1
65.3
66.4
67.8
for information: income payments6
1 former FRG territory 2 without army hospitals, full-time equivalents, annual average 3 full-time doctors and dentists 4 without income payments 5 incl. private organisations without pecuniary reward 6 sickness benefits a.o. Source: StBA
95 year
Development of the number of vehicles on the road* total umber n of motor vehicles1, 2
of which: passenger and estate cars1
for information:
lorries1
motor registrations change of vehicles with of new mo- ownership insurance tor vehicles (of used cars) plate
numbers in 1,000 1950
1,774
475
335
°
513
337
1960
7,054
3,954
594
2,213
1,212
1,493
1970
14,811
12,280
897
1,054
2,347
3,492
1980
23,929
20,428
1,114
2,110
2,791
5,511
1990
31,547
27,028
1,211
954
3,387
7,034
2000
45,328
37,734
2,204
1,595
3,972
8,363
2001
46,318
38,556
2,277
1,595
3,892
8,170
2002
47,041
39,094
2,310
1,683
3,757
7,741
2003
47,350
39,335
2,284
1,584
3,733
7,661
2004
47,726
39,657
2,255
1,663
3,775
7,479
2005
48,112
39,968
2,243
1,786
3,832
7,454
2006
48,456
40,597
2,244
1,819
3,991
7,522
2007
48,987
41,020
2,271
1,930
3,704
7,109
2008
49,330
41,184
2,323
1,984
3,650
6,960
2009
49,603
41,321
2,347
2,194
4,241
6,887
2010
50,184
41,738
2,385
2,104
3,374
7,310
2011
50,902
42,302
2,441
2,043
3,697
7,723
2012
51,735
42,928
2,529
°
°
°
change against previous year as % 2000
1.5
1.2
2.5
-8.5
-10.5
-3.3
2001
2.2
2.2
3.3
0.0
-2.0
-2.3
2002
1.6
1.4
1.5
5.5
-3.5
-5.2
2003
0.7
0.6
-1.1
-5.9
-0.7
-1.0
2004
0.8
0.8
-1.3
5.0
1.1
-2.4
2005
0.8
0.8
-0.5
7.4
1.5
-0.3
2006
0.7
1.6
0.0
1.8
4.1
0.9
2007
1.1
1.0
1.2
6.1
-7.2
-5.5
2008
0.7
0.4
2.3
2.8
-1.5
-2.1
2009
0.6
0.3
1.0
10.6
16.2
-1.0
2010
1.2
1.0
1.6
-4.1
-20.4
6.1
2011
1.4
1.4
2.4
-2.9
9.6
5.7
2012
1.6
1.5
3.6
°
°
° 16.0
average annual rates of change as % 1950–1960
14.8
23.6
5.9
°
9.0
1960–1970
7.7
12.0
4.2
-7.1
6.8
8.9
1970–1980
4.9
5.2
2.2
7.2
1.7
4.7
1980–1990
2.8
2.8
0.8
-7.6
2.0
2.5
1990–2000
3.7
3.4
6.2
5.3
1.6
1.7
2000–2010
1.0
1.0
0.8
2.8
-1.6
-1.3
* as registered in the Central Vehicle Register; figures until 2000 as at 1 July, from 2001 as at 1 January; until 1990 former FRG territory, from 2000 Germany 1 without temporary decommissions, time series of absolute values modified for the years before 2008 2 vehicles with an insurance plate are not included (not liable to registration, for relevant figures see “for information”) Source: Kraftfahrt-Bundesamt, own calculations
96
Road accidents* numbers 1970
1980
1990
2000
accidents registered by the police
1,392,007
1,684,604
2,010,575
2,350,227
accidents entailing material damage only
1,014,397
1,305,369
1,670,532
1,967,278
377,610
379,235
340,043
382,949
inside town
254,198
261,302
218,177
245,470
out of town without motorways
107,762
101,701
97,559
111,901
accidents entailing personal injury
on motorways total of casualties deaths injured persons accidents entailing personal damage and involving drivers under the influence of alcohol
15,650
16,232
24,307
25,578
550,988
513,504
456,064
511,577
19,193
13,041
7,906
7,503
531,795
500,463
448,158
504,074
50,823
46,302
30,391
25,391
numbers 2008
2009
2010
2011
accidents registered by the police
2,293,663
2,313,453
2,411,271
2,361,457
accidents entailing material damage only
1,973,049
2,002,647
2,122,974
2,055,191
320,614
310,806
288,297
306,266
221,306
213,361
195,833
210,427
out of town without motorways
81,039
79,051
73,635
77,549
on motorways
18,269
18,394
18,829
18,290
413,524
401,823
374,818
396,374
accidents entailing personal injury inside town
total of casualties deaths injured persons accidents entailing personal damage and involving drivers under the influence of alcohol
4,477
4,152
3,648
4,009
409,047
397,671
371,170
392,365
18,383
16,513
14,237
15,114
* until 1990 former FRG territory, from 2000 Germany Source: StBA
97
Transportation of goods*
year1
road transportation2
railway trans portation3
shipping inland waterway trans portation
air trans portation
domestic lorries
foreign lorries
1950
407.9
°
201.0
71.9
25.8
°
1960
1,184.8
8.9
308.1
167.5
67.2
°
maritime shipping4
in t m
1970
2,117.9
28.9
372.3
240.0
128.8
°
1980
2,495.5
76.9
346.0
241.0
149.1
°
1990
2,742.9
133.8
300.6
231.6
141.8
°
1991
2,768.0
150.7
415.5
230.0
147.7
1.5
1992
2,841.0
158.5
379.9
229.9
173.4
1.4
1993
2,944.0
163.4
329.2
218.3
176.9
1.5
1994
3,184.2
175.9
336.8
235.0
189.8
1.7
1995
3,169.3
181.7
333.1
237.9
198.0
2.0
1996
3,008.2
181.0
319.5
227.0
198.6
1.9
1997
2,975.0
221.0
321.5
233.5
205.3
2.0
1998
2,960.3
236.6
308.7
236.4
209.9
1.9
1999
3,171.0
254.0
290.7
229.1
211.6
2.0
2000
3,005.1
250.5
299.1
242.2
272.2
2.4
2001
2,870.3
245.4
291.1
236.1
279.4
2.1
2002
2,705.5
255.4
289.2
231.7
279.6
2.2
2003
2,728.6
306.5
303.8
220.0
289.8
2.3
2004
2,750.5
324.4
310.3
235.9
312.0
2.7
2005
2,765.0
319.9
317.3
236.8
319.8
3.0
2006
2,919.3
358.3
346.1
243.5
344.3
3.3
2007
3,027.9
384.3
361.1
249.0
357.9
3.5
2008
3,077.8
392.0
371.3
245.7
364.8
3.6
20095
2,768.7
376.4
312.1
203.9
256.0
3.4
20105
2,734.1
403.0
355.7
229.6
269.7
4.2
* domestic and cross-border transportation 1 until 1990 former FRG territory, from 1991 Germany 2 due to modified classification in 1991, 1994 and 2003, figures only limitedly comparable to previous years 3 from 2005 incl. container weight in combined transportation 4 from 2000 incl. maritime shipping of domestic ports (2000: 1.9 t m) 5 partly provisional figures Source: StBA; DIW
98
Incidence of durable goods in private households 2000
2004
2005
2006
2007
2009
2010
degree of equipment as %1 motor car
74.4
75.5
76.8
77.0
76.7
76.7
77.6
motor cycle
10.1
10.6
10.8
11.0
11.1
10.6
10.5
bicycle
77.7
79.7
79.8
81.2
80.1
80.5
80.7
telephone (fixed network)
96.4
95.1
95.9
95.2
95.4
91.5
91.6
mobile phone
29.8
72.1
76.4
80.6
81.8
86.7
88.9
fax machine
14.9
17.2
18.7
18.9
18.6
19.2
20.1
navigation system
°
°
4.4
7.7
12.3
27.0
33.2
personal computer
47.3
63.6
68.6
71.6
72.8
78.8
80.8
internet access
16.4
47.1
54.6
57.9
60.0
68.9
72.9
TV set
95.9
95.0
°
95.2
95.9
95.9
96.2
DVD player/recorder
°
36.4
50.1
59.3
62.9
71.6
70.8
CD player/recorder
°
70.0
69.6
76.9
78.2
81.5
79.8
MP3 player
°
°
14.7
22.8
29.0
39.8
41.2
cable TV
54.0
54.0
52.1
51.6
50.0
48.5
48.0
satellite receiver
31.5
36.7
39.0
40.3
39.1
39.9
41.0
°
°
99.1
98.9
99.4
98.7
97.8
freezer
71.3
73.9
72.5
72.3
73.6
54.1
54.0
dish washer
48.3
56.7
59.1
61.6
62.4
64.8
65.7
microwave oven
56.1
62.3
67.0
68.0
68.7
71.9
72.9
washing machine
94.1
95.5
°
°
°
°
° 101.6
refrigerator
stock of equipment as %2 motor car
95.3
98.3
101.5
102.2
101.6
100.0
motor cycle
11.7
12.4
12.7
13.3
13.1
12.9
12.9
bicycle
176.9
180.5
178.1
187.8
186.5
182.0
182.3
telephone (fixed network)
102.8
107.8
114.7
124.0
125.9
113.7
112.3
mobile phone
35.5
114.7
126.5
137.1
141.1
156.9
160.9
fax machine
15.1
17.4
18.9
19.1
18.7
19.4
21.7
navigation system
°
°
4.6
8.0
12.9
29.2
36.5
personal computer
60.8
89.7
98.5
106.8
110.9
129.1
138.5
17.9
49.5
57.2
60.1
62.7
73.3
77.6
143.2
148.1
°
151.9
156.0
155.4
157.5
internet access TV set DVD player/recorder
°
50.9
63.2
75.6
84.2
114.1
94.5
CD player/recorder
°
105.6
104.3
124.2
134.5
156.6
129.9
MP3 player
°
°
18.5
31.2
41.4
62.4
65.5
cable TV
56.4
55.8
53.7
52.9
50.0
49.7
49.3
satellite receiver
33.8
38.7
42.1
43.0
52.2
55.7
58.6
°
°
115.3
117.1
118.1
120.0
119.9
freezer
81.0
86.9
83.6
83.0
85.2
60.4
60.6
dish washer
48.8
57.4
59.8
62.5
63.3
65.5
66.7
microwave oven
57.0
63.9
68.7
70.1
70.4
73.8
75.4
washing machine
95.7
97.2
°
°
°
°
°
refrigerator
1 number of households equipped with the respective consumer durables in relation to the total number of households 2 number of the respective consumer durables available in the households in relation to the total number of households Source: StBA
99 year1
Wages and salaries compensation of employees2
gross wages and salaries3
in EUR bn
labour costs4
earnings5
monthly per employee in EUR
1960
73.83
63.68
304
1970
185.05
158.41
690
262 591
1980
445.90
366.70
1,527
1,255
1990
689.96
562.47
2,106
1,717
1991
747.41
609.18
2,235
1,822
1991
861.20
707.61
2,038
1,675
1995
1,012.76
821.51
2,488
2,018
1998
1,044.91
842.81
2,554
2,060
1999
1,071.26
866.76
2,578
2,086
2000
1,111.20
894.71
2,626
2,114
2001
1,131.93
913.72
2,670
2,156
2002
1,138.84
920.25
2,706
2,187
2003
1,141.61
920.17
2,744
2,211
2004
1,145.39
924.70
2,754
2,223
2005
1,137.64
922.05
2,752
2,230
2006
1,156.08
935.00
2,780
2,248
2007
1,187.11
965.92
2,803
2,281
2008
1,229.80
1,002.30
2,862
2,332
2009
1,231.48
1,000.08
2,863
2,325
2010
1,262.87
1,026.70
2,922
2,375
2011
1,318.32
1,074.66
3,011
2,454
change against previous year as % 1998
2.0
1.9
0.9
0.8
1999
2.5
2.8
0.9
1.3
2000
3.7
3.2
1.9
1.3
2001
1.9
2.1
1.7
2.0
2002
0.6
0.7
1.3
1.4
2003
0.2
-0.0
1.4
1.1
2004
0.3
0.5
0.4
0.5
2005
-0.7
-0.3
-0.1
0.3
2006
1.6
1.4
1.0
0.8
2007
2.7
3.3
0.8
1.5
2008
3.6
3.8
2.1
2.2
2009
0.1
-0.2
0.0
-0.3
2010
2.5
2.7
2.1
2.2
2011
4.4
4.7
3.0
3.3
average annual rates of change as % 1960–1970
9.6
9.5
8.5
8.5
1970–1980
9.2
8.8
8.3
7.8
1980–1990
4.5
4.4
3.3
3.2
1991–2000
2.9
2.6
2.9
2.6
2000–2010
1.3
1.4
1.1
1.2
1 until first figure 1991: former FRG territory, from second figure 1991: Germany; due to modified classification, figures until first figure 1991 are not fully comparable to figures from second figure 1991 2 until 1998: income of employees 3 compensation of employees without social contributions paid by employers; until 1998: total of gross remunerations and additional benefits 4 compensation of employees in Germany 5 gross wages and salaries in Germany Source: StBA
Disposable income, consumption and savings year1
disposable income2
consumption3
savings
in EUR bn
100 savings ratio4 as %
1950
33.2
32.2
1.1
3.3
1960
96.1
87.8
8.2
8.5
1970
218.8
188.6
30.2
13.8
1980
512.9
452.1
68.5
13.1
1990
821.8
717.2
113.7
13.7
1991
881.2
770.5
120.3
13.5
1991
1,005.1
882.6
131.9
13.0
1995
1,190.6
1,066.5
134.6
11.2 10.3
1998
1,251.2
1,130.1
129.7
1999
1,278.7
1,161.9
124.0
9.6
2000
1,300.7
1,195.0
123.7
9.4
2001
1,347.8
1,233.4
130.2
9.5
2002
1,363.3
1,240.6
138.9
10.1
2003
1,394.6
1,264.5
147.3
10.4
2004
1,419.0
1,283.6
151.8
10.6
2005
1,448.1
1,307.0
156.9
10.7
2006
1,480.5
1,339.5
162.5
10.8
2007
1,502.4
1,356.7
168.1
11.0
2008
1,542.6
1,387.7
183.5
11.7
2009
1,531.1
1,387.4
173.1
11.1
2010
1,575.9
1,423.0
180.8
11.3
2011
1,625.0
1,473.1
181.0
10.9
change against previous year as % 1998
1.6
1.7
1.4
x
1999
2.2
2.8
-4.4
x
2000
1.7
2.9
-0.3
x
2001
3.6
3.2
5.3
x
2002
1.1
0.6
6.7
x
2003
2.3
1.9
6.1
x
2004
1.7
1.5
3.1
x
2005
2.1
1.8
3.3
x
2006
2.2
2.5
3.6
x
2007
1.5
1.3
3.4
x
2008
2.7
2.3
9.2
x
2009
-0.7
-0.0
-5.7
x
2010
2.9
2.6
4.5
x
2011
3.1
3.5
0.1
x
average annual rates of change as % 1950–1960
11.2
10.6
22.2
x
1960–1970
8.6
7.9
13.9
x
1970–1980
8.9
9.1
8.5
x
1980–1991
5.0
5.0
5.3
x
1991–2000
2.9
3.4
-0.7
x
2000–2010
1.9
1.8
3.9
x
1 until first figure 1991: former FRG territory, from second figure 1991: Germany; 1950 without the Saar and West Berlin; due to modified classification, figures until first figure 1991 are not fully comparable to figures from second figure 1991 2 without undrawn profits of unincorporated undertakings 3 until first figure 1991: private consumption, from second figure 1991: consumption Source: StBA 4 savings as % of disposable income
101 year
Cost of living index for all private households total index
food and soft drinks
alcoholic drinks and tobacco
clothing and footwear
housing, water, electricity, gas and other fuels
for information: price index for household goods1
2005 = 100 1991
75.9
89.6
64.9
92.6
65.5
°
1993
83.3
91.9
70.8
97.8
77.1
°
1994
85.6
93.4
71.6
99.2
80.2
°
1995
87.1
94.3
72.0
99.9
82.7
95.1
1996
88.3
94.9
72.6
100.6
84.7
95.3
1997
90.0
96.3
73.9
101.1
86.9
96.5
1998
90.9
97.2
75.3
101.5
87.7
97.4
1999
91.4
96.0
76.3
101.8
88.8
97.4
2000
92.7
95.3
77.5
101.9
91.3
97.0
2001
94.5
99.6
78.8
102.7
93.5
97.1
2002
95.9
100.4
82.0
103.4
94.4
97.8
2003
96.9
100.3
86.3
102.6
95.8
98.0
2004
98.5
99.9
92.2
101.9
97.3
99.5
2005
100.0
100.0
100.0
100.0
100.0
100.0
2006
101.6
102.0
103.0
99.4
102.9
100.0
2007
103.9
105.9
106.4
100.7
104.9
101.0
2008
106.6
112.3
108.4
101.4
108.5
101.9
2009
107.0
110.9
111.3
102.8
108.9
103.4
2010
108.2
112.5
113.0
103.7
110.1
104.0
2011
110.7
115.7
114.6
105.6
113.5
105.2
1993
4.4
0.4
3.8
2.8
8.1
°
1994
2.8
1.6
1.1
1.4
4.0
°
change against previous year as %
1995
1.8
1.0
0.6
0.7
3.1
°
1996
1.4
0.6
0.8
0.7
2.4
0.2
1997
1.9
1.5
1.8
0.5
2.6
1.3
1998
1.0
0.9
1.9
0.4
0.9
0.9
1999
0.6
-1.2
1.3
0.3
1.3
0.0
2000
1.4
-0.7
1.6
0.1
2.8
-0.4
2001
1.9
4.5
1.7
0.8
2.4
0.1
2002
1.5
0.8
4.1
0.7
1.0
0.7
2003
1.0
-0.1
5.2
-0.8
1.5
0.2
2004
1.7
-0.4
6.8
-0.7
1.6
1.5
2005
1.5
0.1
8.5
-1.9
2.8
0.5
2006
1.6
2.0
3.0
-0.6
2.9
0.0
2007
2.3
3.8
3.3
1.3
1.9
1.0
2008
2.6
6.0
1.9
0.7
3.4
0.9
2009
0.4
-1.2
2.7
1.4
0.4
1.5
2010
1.1
1.4
1.5
0.9
1.1
0.6
2011
2.3
2.8
1.4
1.8
3.1
1.2
average annual rate of change as % 1991–2000
2.2
0.7
2.0
1.1
3.8
°
2000–2010
1.6
1.7
3.8
0.2
1.9
0.7
1 consumer goods and consumer durables without food and without goods which are normally not stored in the apartment Source: StBA
102
Development of selected prices indexes year
cost of living index1
index of industrial producer prices2
export price index
import price index
crude collective house oil price wage building index3 index in price the conindex4 struction industry
1950
23.0
29.7
°
48.9
°
°
°
234.4
1960
27.7
36.4
40.2
47.1
°
°
17.8
367.5
2005 = 100
house building price index5
1914=100
1970
35.3
41.4
45.6
47.4
12.9
°
30.9
636.9
1980
57.8
68.1
74.2
89.6
57.7
°
59.6
1,226.3
1990
74.7
84.0
90.5
92.0
43.0
°
79.3
1,633.4
1998
90.9
88.8
95.6
90.8
29.1
90.6
97.9
2,018.0
1999
91.4
87.9
95.1
90.3
39.0
92.6
97.6
2,010.8
2000
92.7
90.6
98.0
99.5
74.4
94.4
97.9
2,017.4
2001
94.5
93.3
99.0
100.1
65.6
95.9
97.8
2,015.9
2002
95.9
92.7
98.8
97.9
63.9
96.8
97.8
2,014.9
2003
96.9
94.3
98.6
95.7
62.3
98.9
97.8
2,015.9
2004
98.5
95.8
99.1
96.7
66.1
100.0
99.1
2,042.2
2005
100.0
100.0
100.0
100.0
100.0
100.0
100.0
2,060.3
2006
101.6
105.4
101.8
104.4
121.5
99.0
101.9
2,099.5
2007
103.9
106.8
103.0
105.1
120.8
100.7
108.7
2,239.5
2008
106.6
112.7
104.8
109.9
162.9
103.3
111.8
2,303.4
2009
107.0
108.0
102.5
100.5
110.3
105.9
112.8
2,323.0
2010
108.2
109.7
106.0
108.3
151.6
108.4
113.9
2,346.2
2011
110.7
115.9
109.9
117.0
205.0
110.5
117.0
2,411.1 -0.4
change against previous year as % 1999
0.6
-1.0
-0.5
-0.6
34.0
2.2
-0.3
2000
1.4
3.1
3.0
10.2
90.8
1.9
0.3
0.3
2001
1.9
3.0
1.0
0.6
-11.8
1.6
-0.1
-0.1
2002
1.5
-0.6
-0.2
-2.2
-2.6
0.9
0.0
0.0
2003
1.0
1.7
-0.2
-2.2
-2.5
2.2
0.0
0.0
2004
1.7
1.6
0.5
1.0
6.1
1.1
1.3
1.3
2005
1.5
4.4
0.9
3.4
51.3
0.0
0.9
0.9
2006
1.6
5.4
1.8
4.4
21.5
-1.0
1.9
1.9
2007
2.3
1.3
1.2
0.7
-0.6
1.7
6.7
6.7
2008
2.6
5.5
1.7
4.6
34.9
2.6
2.9
2.9
2009
0.4
-4.2
-2.2
-8.6
-32.3
2.5
0.9
0.9
2010
1.1
1.6
3.4
7.8
37.4
2.4
1.0
1.0
2011
2.3
5.7
3.7
8.0
35.2
1.9
2.7
2.8
1950–1960
1.9
2.1
°
-0.4
°
°
°
4.6
1960–1970
2.4
1.3
1.3
0.1
°
°
5.7
5.7
1970–1980
5.1
5.1
5.0
6.6
16.1
°
6.8
6.8
1980–1990
2.6
2.1
2.0
0.3
-2.9
°
2.9
2.9
average annual rate of change as %
1990–2000
2.2
0.8
0.8
0.8
5.6
°
2.1
2.1
2000–2010
1.6
1.9
0.8
0.9
7.4
1.4
1.5
1.5
1 for 1950 and 1960: cost of living index of four-persons-households of workers and employees with average income, from 1970 until 1990: cost of living index of all private households in the former FRG territory; from 1998: cost of living index for Germany 2 index of producer prices for commercial products; until 1990 former FRG territory, from 1998 Germany 3 index of producer prices for commercial products; crude oil of bituminous minerals, raw 4 construction price index for new residential property incl. sales tax; until 1990 former FRG territory, from 1998 Germany 5 index of restoration values of residential property erected in 1914 Source: StBA
103 year
Expenditure on motor vehicles
price index for the purchase and operation of motor vehicles, total
price index for motor vehicles
price index for motor fuels
price index for repairs, inspections, car wash
price index for motor insurance
price index for motor vehicle taxes
2005 = 100 1991
68.1
83.6
54.7
67.4
71.6
29.3
1993
75.3
91.7
57.7
77.4
85.3
41.6
1994
78.1
91.6
63.7
80.8
94.4
47.2
1995
79.0
92.5
63.3
83.0
99.2
48.8
1996
80.3
93.4
66.0
84.9
91.1
49.1
1997
81.7
93.1
68.0
86.5
93.3
53.9
1998
81.5
94.4
64.5
87.8
87.9
58.8
1999
83.9
95.1
69.0
88.9
92.8
62.7
2000
89.0
95.1
82.1
90.1
101.9
64.3
2001
91.5
96.0
82.9
92.1
111.4
79.4
2002
92.8
97.5
84.8
94.4
106.5
79.4
2003
94.5
98.3
88.8
96.3
104.6
79.8
2004
96.8
99.5
92.6
98.4
105.1
84.0
2005
100.0
100.0
100.0
100.0
100.0
100.0
2006
102.9
101.7
105.5
101.9
102.8
101.1
2007
107.0
105.6
109.8
106.0
108.5
104.7
2008
110.3
106.4
117.3
108.7
111.5
104.6
2009
107.6
106.4
104.4
112.5
113.8
104.1
2010
111.6
106.4
116.1
113.1
118.6
104.5
2011
116.3
107.0
128.9
115.6
120.3
102.7
1993
4.6
4.7
0.7
7.6
10.2
13.7
1994
3.7
-0.1
10.4
4.4
10.7
13.5
change against previous year as %
1995
1.2
1.0
-0.6
2.7
5.1
3.4
1996
1.6
1.0
4.3
2.3
-8.2
0.6
1997
1.7
-0.3
3.0
1.9
2.4
9.8
1998
-0.2
1.4
-5.1
1.5
-5.8
9.1
1999
2.9
0.7
7.0
1.3
5.6
6.6
2000
6.1
0.0
19.0
1.3
9.8
2.6 23.5
2001
2.8
0.9
1.0
2.2
9.3
2002
1.4
1.6
2.3
2.5
-4.4
0.0
2003
1.8
0.8
4.7
2.0
-1.8
0.5
2004
2.4
1.2
4.3
2.2
0.5
5.3
2005
3.3
0.5
8.0
1.6
-4.9
19.0
2006
2.9
1.7
5.5
1.9
2.8
1.1
2007
4.0
3.8
4.1
4.0
5.5
3.6
2008
3.1
0.8
6.8
2.5
2.8
-0.1
2009
-2.4
0.0
-11.0
3.5
2.1
-0.5
2010
3.7
0.0
11.2
0.5
4.2
0.4
2011
4.2
0.6
11.0
2.2
1.4
-1.7
1991–2000
3.0
1.4
4.6
3.3
4.0
9.1
2000–2010
2.3
1.1
3.5
2.3
1.5
5.0
average annual rates of change as %
Source: StBA
Financial assets of private households by type of investment – as per end of year 2006
2007
104
2008
2009
2010
2011
in EUR bn total financial assets
4,226
4,469
4,306
4,471
4,658
4,715
1,535
1,621
1,738
1,788
1,861
1,928
cash and sight deposits
611
649
695
846
914
953
other deposits2
924
972
1,042
942
947
974
1,118
1,194
1,217
1,287
1,347
1,393
with banks1
with insurance companies3 short-term4
80
74
74
74
74
75
longer-term
1,039
1,120
1,143
1,212
1,273
1,319
with life insurance companies
657
684
683
719
755
764
with health insurance companies
123
134
144
155
167
180
with pension institutions5
260
301
315
338
351
375
252
256
264
273
281
289
company pension commitments securities6
275
297
267
266
254
247
participation rights
999
1,059
781
819
876
819
shares
328
371
182
202
244
222
other participation rights
228
221
219
201
197
203
investment certificates
444
467
380
416
435
395 100.0
share as % total financial assets
100.0
100.0
100.0
100.0
100.0
36.3
36.3
40.4
40.0
39.9
40.9
cash and sight deposits
14.5
14.5
16.1
18.9
19.6
20.2
other deposits2
21.9
21.7
24.2
21.1
20.3
20.7
26.5
26.7
28.3
28.8
28.9
29.5
short-term4
1.9
1.7
1.7
1.7
1.6
1.6
longer-term
24.6
25.1
26.5
27.1
27.3
28.0
with banks1
with insurance companies3
with life insurance companies
15.5
15.3
15.9
16.1
16.2
16.2
with health insurance companies
2.9
3.0
3.3
3.5
3.6
3.8
with pension institutions5
6.2
6.7
7.3
7.6
7.5
7.9
6.0
5.7
6.1
6.1
6.0
6.1
company pension commitments securities6 participation rights
6.5
6.6
6.2
5.9
5.5
5.2
23.6
23.7
18.1
18.3
18.8
17.4
shares
7.8
8.3
4.2
4.5
5.2
4.7
other participation rights
5.4
4.9
5.1
4.5
4.2
4.3
10.5
10.5
8.8
9.3
9.3
8.4
investment certificates
1 in Germany and abroad 2 time deposits, savings certificates, savings deposits incl. savings deposits with building societies 3 life insurance, Pensionskassen and funeral expenses and pension funds, pension schemes provided by professional associations and supplementary pension schemes provided by public agencies, property and casualty insurance and health insurance 4 short-term transfers of premiums and reserves for outstanding claims 5 P ensionskassen and funeral expenses and pension funds, pension schemes provided by professional associations and supplementary pension schemes provided by public agencies 6 for the most part long-term fixed interest securities Source: Deutsche Bundesbank, own calculations
105
Acquisition of financial assets by private households by type of investment – over the year 2006
2007
2008
2009
2010
2011
in EUR bn total acquisition of financial assets
131
115
123
145
154
149
43
86
121
50
73
67
sight deposits2
20
38
46
149
68
40
time deposits
32
57
77
-124
-15
18
-16
-30
-20
56
23
-2
7
21
17
-32
-3
10
66
75
28
62
60
48
with life insurance c ompanies
29
28
4
28
36
11
with health insurance companies
11
12
10
11
12
13
with pension institutions4
24
42
14
23
12
24
company pension commitments
10
4
7
10
8
8
securities5
42
25
-22
-13
-11
-2
1
-12
-41
18
26
3
11
20
-9
16
13
14
with banks1
savings deposits savings certificates with insurance companies3 of which:
participation rights shares other participation rights investment certificates
3
3
3
3
3
3
-13
-35
-34
-1
10
-15
share as % total acquisition of financial assets
100.0
100.0
100.0
100.0
100.0
100.0
32.8
74.8
98.5
34.4
47.3
44.8
sight deposits2
15.3
33.0
37.4
102.6
44.3
27.0
time deposits
24.4
49.6
62.7
-85.4
-9.7
12.4
-12.2
-26.1
-16.3
38.6
14.9
-1.2
5.3
18.3
13.8
-22.0
-1.9
6.6
50.7
65.4
23.2
43.0
39.2
32.3
22.1
24.3
3.6
19.3
23.7
7.4
8.4
10.4
8.1
7.6
7.9
8.5
18.3
36.2
11.2
16.0
8.1
15.9
with banks1
savings deposits savings certificates with insurance companies3 of which: with life insurance companies with health insurance companies with pension institutions4 company pension commitments securities5 participation rights shares other participation rights investment certificates
7.6
3.8
5.7
6.9
5.2
5.4
32.1
21.7
-17.7
-8.7
-7.1
-1.3
0.9
-10.1
-33.2
12.5
17.1
1.9
8.4
17.6
-7.7
11.2
8.7
9.6
2.3
2.6
2.4
2.1
1.9
2.0
-9.9
-30.4
-27.7
-0.7
6.5
-9.8
1 in Germany and abroad 2 incl. cash 3 life insurance, Pensionskassen and funeral expenses and pension funds, pension schemes provided by professional associations and supplementary pension schemes provided by public agencies, property and casualty insurance and health insurance 4 Pensionskassen and funeral expenses and pension funds, pension schemes provided by professional associations and supplementary pension schemes provided by public agencies 5 for the most part long-term fixed interest securities Source: Deutsche Bundesbank, own calculations
Acquisition of financial assets by private households by type of investment* – long term 1950/59
1960/69
106
1970/79
1980/89
1991/99
2000/09
share as % acquisition of financial assets with banks1 cash and sight deposits time deposits2 savings deposits2 savings certificates with insurance companies3 in securities
67.0
65.1
61.3
39.9
30.6
41.1
14.6
9.6
8.0
6.6
13.1
38.2
1.9
1.0
4.9
8.5
-1.5
5.1
50.5
53.5
40.9
17.0
19.9
-2.8
°
1.1
7.5
7.8
-0.9
0.4
14.9
16.3
17.1
28.0
36.3
40.5 -8.1
6.7
13.7
14.6
23.2
11.8
fixed interest securities4, 5
4.7
9.5
13.8
22.3
5.5
3.8
shares4
2.0
4.1
0.8
0.9
3.2
-14.4
°
°
°
°
3.1
2.5
°
°
°
°
16.7
19.8
11.4
4.9
7.0
8.9
4.6
6.8
8.1
11.1
13.5
11.4
12.3
8.8
other equity with mutual funds company pension commitments for information: acquisition of financial assets as % of disposable income
* until 1959 former FRG territory without the Saar and West Berlin, from 1960 until 1989 former FRG territory; from 1991 Germany 1 in Germany and abroad 2 until 1998 deposits with building societies included in savings deposits and from 1999 in time deposits 3 life insurance, Pensionskassen and funeral expenses and pension funds, pension schemes provided by professional associations and supplementary pension schemes provided by public agencies, property and casualty insurance and health insurance and other claims (incl. accumulated interestbearing profit shares for insurance contracts and other liabilities towards policyholders) 4 until 1989 incl. indirect acquisitions of German and foreign mutual fund units 5 incl. money market securities Source: Deutsche Bundesbank
107 year
Financial assets and acquisition of financial assets in the form of life insurance* technical provisions (1)
liabilities towards policyholders1 (2)
financial assets
acquisition of financial assets
(3) = (1) + (2)
(4)
in EUR bn 1993
290.5
23.7
314.2
°
1994
317.4
24.9
342.3
28.1
1995
346.6
27.0
373.6
31.3
1996
377.7
29.9
407.6
34.0
1997
410.8
32.3
443.1
35.5
1998
445.0
35.5
480.5
37.4
1999
484.4
41.9
526.3
45.7
2000
520.0
43.5
563.5
37.2
2001
549.0
45.6
594.6
31.1
2002
566.0
47.3
613.3
18.8
2003
588.0
45.9
633.9
20.6
2004
609.2
47.7
656.9
22.9
2005
639.4
43.0
682.4
25.5
2006
668.0
38.3
706.3
23.9
2007
694.9
34.5
729.4
23.1
2008
693.8
31.6
725.4
-4.0
2009
727.8
30.5
758.3
32.9
2010
764.7
30.5
795.2
36.9
20112
776.4
29.5
805.9
10.7
* without Pensionskassen and pension funds 1 accumulated interest-bearing profit shares and other liabilities towards policyholders 2 provisional figures Source: BaFin, own calculations
108
Incidence of occupational pension schemes* number of entitlements
share of mployees e with entitlements1
number of share of ementitlements ployees with from deferred entitlements compensation from deferred compensation2
in 1,000
as %
in 1,000
as %
50.7
4,543
19.8
2008 total
12,045
by selected economic sectors manufacturing
3,728
50.3
1,805
26.7
271
30.4
151
17.9
wholesale and retail trade, repair of motor vehicles and motor cycles
1,203
38.5
543
18.9
financial and insurance activities
1,023
79.6
649
56.8
construction
by company size classes 10 to 49 employees
1,156
29.8
606
17.3
50 to 249 employees
1,968
36.3
1,000
19.6
250 to 499 employees
1,113
46.0
512
22.5
500 to 999 employees
1,222
52.4
521
23.9
1,000 and more employees
6,587
68.9
1,904
19.3
10,831
51.1
4,197
20.7
1,215
47.7
347
13.2
by Länder former FRG territory and Berlin East German Länder
* industry and service sector incl. public service, without companies with fewer than 10 employees and without agriculture and forestry, fisheries, private households and extraterritorial organisations 1 in relation to the total number of employees subject to social insurance contributions without trainees 2 number of employees with at least one entitlement from deferred compensation in relation to the total number of employees subject to social insurance contributions without trainees Source: StBA
109
Incidence of occupational pension schemes by pension vehicle* 2008 number of entitlements
share of total number of entitlements
in 1,000
as %
share of total number of number of entitlements from deferred entitlements compensation from deferred compensation in 1,000
as %
pension vehicle direct pension promises
2,175
18.1
508
11.2
920
7.6
457
10.1
Pensionskassen
5,873
48.8
1,814
39.9
direct insurance
2,754
22.9
1,652
36.4
323
2.7
112
2.5
12,045
100.0
4,543
100.0
benevolent funds
pension funds total
2008 number of entitlements
in 1,000
number of share of total share of total entitlements number of number of entitlements1 from deferred entitlements compensation from deferred compensation2 as %
in 1,000
as %
direct insurance by company size class 10 to 49 employees
601
52.0
291
48.0
50 to 249 employees
715
36.3
422
42.2
250 to 499 employees
346
31.1
212
41.4
500 to 999 employees
262
21.5
178
34.2
1,000 and more employees
830
12.6
548
28.8
* industry and service sector incl. public service, without companies with fewer than 10 employees and without agriculture and forestry, fisheries, private households and extraterritorial organisations 1 in relation to all entitlements of the respective company size class 2 in relation to all entitlements from deferred compensation of the respective company size class Source: StBA
110
Interest rates, bond yields and share prices year
interest rates1 call money rate3
time deposits4
1975
°
7.3
1980
°
1985
current yield of German government bonds1 savings5
DAX 302
remaining time to maturity: 3 to 4 years
remaining time to maturity: 9 to 10 years
4.4
8.0
8.6
7.8
4.6
8.5
8.5
481
°
6.3
2.9
6.5
7.0
1,366
1990
°
7.8
2.8
8.8
8.7
1,398
1991
°
8.0
2.8
8.8
8.5
1,578
1992
°
7.7
2.8
8.2
7.9
1,545
1993
°
5.9
2.5
6.0
6.5
2,267
1994
°
5.6
2.1
6.2
6.9
2,107
1995
°
5.7
2.0
5.7
6.9
2,254
1996
°
4.6
2.0
4.7
6.2
2,889
1997
2.0
4.3
1.7
4.4
5.7
4,250
1998
2.0
4.0
1.6
4.1
4.6
5,002
1999
1.8
3.5
1.3
3.8
4.5
6,958
2000
2.1
4.8
1.3
5.1
5.3
6,434
2001
2.3
4.1
1.2
4.3
4.9
5,160
2002
1.8
3.8
1.0
4.1
4.8
2,893
2003
1.1
2.9
2.2
3.0
4.1
3,965
2004
1.1
2.9
2.1
3.0
4.0
4,256
2005
1.2
2.5
2.1
2.7
3.4
5,408
2006
1.4
2.6
2.1
3.5
3.8
6,597
2007
1.7
3.1
2.3
4.2
4.3
8,067
2008
1.9
3.4
2.5
3.8
4.1
4,810
2009
1.1
3.0
1.8
2.2
3.3
5,957
2010
0.7
2.5
1.4
1.5
2.8
6,914
2011
0.8
2.7
1.4
1.7
2.7
5,898
as %
index value 563
1 annual averages 2 as per end of year 3 average rate; until 2002 interest rate for sight deposits of retail banking customers with higher interest yield, from 2003 effective interest rate in new business for daily callable deposits of private households 4 average rate; until 2002 interest rate for savings bonds with ongoing interest payments and maturity of 4 years, from 2003 effective interest rate in new business for deposits of private households with agreed maturity of more than 2 years 5 average rate; until 2002 interest rate for savings with minimum interest payment and 3 months’ notice, from 2003 effective interest rate in new business for deposits of private households with agreed 3 months’ notice Source: Deutsche Bundesbank
111
Social welfare budget by function, type and source of finance* 19701
19801
1991
2000
2009
20102
total in EUR bn
84.2
222.9
397.3
608.5
747.7
765.7
ratio of social expenditure as %3
23.3
28.3
25.9
29.7
31.5
30.9 32.2
social expenditure by function as % health care
°
°
31.4
29.4
32.1
disability
°
°
8.7
8.4
8.1
8.2
old age
°
°
30.3
32.8
33.1
33.0
surviving dependants
°
°
10.7
8.9
7.3
7.2
children
°
°
7.7
10.2
9.8
10.2
spouses
°
°
1.0
0.8
0.3
0.3
maternity
°
°
0.4
0.3
0.4
0.3
unemployment
°
°
8.4
7.5
6.3
5.8
housing
°
°
1.0
1.1
2.1
2.1
°
°
0.4
0.5
0.6
0.6
other contingencies
social expenditure by type of financing as % social security contributions
57.3
61.1
70.3
65.6
62.7
61.5
governmental allowance
40.9
37.5
26.3
32.1
35.5
36.7
1.9
1.4
3.4
2.3
1.8
1.8
other income
social expenditure by source of financing as % companies
32.7
33.2
35.1
30.9
26.8
26.2
private households
20.9
22.4
28.5
28.1
29.6
29.1
state4
43.2
45.5
43.3
34.9
39.2
42.3
private organizations
0.9
1.1
1.5
1.6
1.5
1.5
other countries
0.0
0.0
0.0
0.1
°
0.0
* until 1980 former FRG territory, from 1991 Germany; without tax benefits, from 2009 incl. private health insurance 1 incl. tax benefits 2 provisional figures 3 social expenditure as % of gross domestic product 4 regional public authorities incl. social security institutions Source: BMAS
112
Statutory pension insurance 19901
2000
2007
2008
2009
2010 35,370
numbers in 1,000 actively insured persons2
24,128
33,830
34,988
35,009
35,127
pensions3
15,013
23,144
24,734
24,804
24,932
25,013
8,523
15,338
17,286
17,393
17,542
17,619
old age pensions disability pensions
1,846
1,894
1,584
1,564
1,568
1,589
survivors' pensions
4,644
5,912
5,864
5,846
5,823
5,805
in EUR annual pay-related contribution assessment ceiling4 West Germany East Germany contribution rate as %
38,652
52,764
63,000
63,600
64,800
66,000
x
43,562
54,600
54,000
54,600
55,800
18.7
19.3
19.9
19.9
19.9
19.9
monthly average pension paid5 West Germany
571
673
644
645
642
664
x
778
738
736
725
763
monthly standard pension6
897
1,114
1,182
1,195
1,224
1,224
pension level as %7
50.2
48.2
47.3
46.6
47.6
47.1
East Germany
in EUR bn total income
115.0
214.6
238.4
237.4
239.3
244.7 184.4
of which: contributions
90.8
163.4
174.7
179.1
180.6
state subsidies
15.2
42.4
55.9
56.4
57.3
59.0
total expenditure8
110.1
214.0
237.1
233.7
239.1
242.6
97.4
190.2
213.7
203.2
207.6
211.0
of which: pensions paid
1 former FRG territory 2 insured persons paying contributions as per end of year of the respective year without receiving pensions payments 3 as per end of year 4 general pension insurance 5 insureds’ pensions in general pension insurance 6 monthly pension of a standard pensioner (an insured person who during 45 insurance years always drew an income equal to the average remuneration of all insureds), gross; former FRG territory; as at 1 July of the respective year 7 ratio between the annual pension of a “standard pensioner” and the annual earnings of an average wage earner, gross; former FRG territory 8 without transfer payments between statutory pension insurance institutions Source: DRV
113
Statutory health insurance 19901
2000
2008
2009
2010
2011
numbers in m2 members compulsory members without pensioners
37.9
51.0
50.9
51.2
51.2
51.5
20.6
29.2
29.5
29.8
29.9
29.7
pensioners
°
15.3
16.9
16.9
16.9
16.8
voluntary members
°
6.5
4.5
4.5
4.5
5.0
°
71.3
70.2
70.0
69.8
69.6
insured persons
in EUR annual pay-related contribution assessment ceiling
28,990
39,574
43,200
44,100
45,000
44,550
social security ceiling3
28,990
39,574
48,150
48,600
49,950
49,500
12.6
13.6
14.0
14.05
14.0
14.6
°
1,767
2,149
2,291
2,363
2,423
162.5
172.2
175.6
183.8
average contribution rate as %4 annual payments for benefits per person insured
in EUR bn total income
75.6
133.8
of which: contributions6 total expenditure
°
130.1
153.3
159.1
160.8
170.8
72.5
133.7
160.9
170.8
176.0
179.6
°
126.0
150.9
160.4
165.0
168.7
5.2
4.2
3.4
3.4
3.7
3.9
of which: benefit payments sickness rate of members as %7
1 former FRG territory 2 as at 1 July of the respective year, 1990 and 2000 annual average 3 from 2003 different from contribution assessment ceiling 4 from 1 July 2005 an additional contribution rate of 0.9% must be paid by all members 5 from 1 July, until 30 June 14.6% 6 since 2009 contributions to the health fund incl. claims of and contributions to statutory health insurance companies 7 number of members unable to work due to sickness as % of number of members entitled to sickness benefits (annual average), 1990 and 2000 number of compulsory members unable to work due to sickness as % of total number of compulsory members Source: BMG
114
Social long-term care insurance 1995
2000
2008
2009
2010
2011
numbers in 1,000 members1
50,915
50,948
50,987
51,133
51,253
51,481
insured persons1
71,901
71,319
70,271
70,034
69,785
69,623
1,061
1,822
2,113
2,235
2,288
2,317
1,061
1,261
1,433
1,538
1,578
1,602
–
561
681
698
710
715
35,893
39,574
43,200
44,100
45,000
44,550
1.0
1.7
1.955
1.95
1.95
1.95
16.54
19.77
21.31
21.78
22.24
number of benefit recipients2 out-patient in-patient
in EUR annual pay-related contribution assessment ceiling3 contribution rate as %4
in EUR bn total income
8.41
of which: contributions
8.31
16.31
19.61
21.19
21.64
22.13
total expenditure
4.97
16.67
19.14
20.33
21.45
21.92
4.42
15.86
18.20
19.33
20.43
20.89
of which: benefit payments
1 as at 1 July 2 as per end of year 3 until 2000 former FRG territory, from 2008 Germany 4 from 1 January 2005 childless members have to pay a supplementary contribution rate of 0.25% 5 from 1 July Source: BMG
115
Statutory accident insurance* 1970
1980
1990
2008
2009
2010 61,880
numbers in 1,000 26,050
27,857
41,134
60,695
61,428
number of pensions
insured persons
1,018
1,005
921
997
984
965
reported accidents
2,647
2,113
1,860
1,243
1,156
1,272
°
°
°
17,059
17,072
17,123
5.88
8.28
14.72
13.92
14.50
for information: insured persons in student accident insurance
in EUR bn income
2.52
of which: contributions expenditure
2.33
5.69
7.57
11.80
11.59
11.92
2.50
5.81
8.13
14.66
14.03
14.40
of which: pensions
1.31
3.07
3.81
5.57
5.68
5.65
curative treatment
0.29
0.78
1.18
2.70
2.84
3.02
accident prevention
0.06
0.20
0.36
0.95
0.97
0.97
* without student accident insurance; until 1990 former FRG territory, from 2008 Germany Source: BMAS
116
Statutory unemployment insurance 1991
2000
2008
2009
2010
numbers in 1,000 employees subject to social insurance contributions1
°
27,826
27,458
27,380
27,710
recipients of unemployment benefits2
1,328
1,695
917
1,141
1,024
in EUR annual pay-related contribution assessment ceiling West Germany
39,881
52,764
63,600
64,800
66,000
East Germany
20,8613
43,562
54,000
54,600
55,800
6.5
3.3
2.8
2.8
35.89
49.61
38.29
34.25
37.07
34.29
46.36
26.45
22.05
22.61
36.77
50.47
39.41
48.06
45.21
unemployment benefits4
12.14
23.61
13.86
17.29
16.60
expenses for active promotion of employment
11.83
21.24
10.74
16.81
14.98
contribution rate as %
6.8 in EUR bn
income of which: contributions expenditure of which:
1 as at 30 June of the respective year 2 annual averages; from 2005 unemployment benefits type 1 (ALG I) 3 from 1 July 4 paid to unemployed persons, incl. refunds to insured foreigners; from 2005 unemployment benefits type 1 (ALG I) Source: BA
117
Tax-financed basic social security systems benefit recipients1
type of benefit
numbers in 1,000 2006
2007
2008
2009
7,283
7,020
6,610
6,736
unemployment benefits type 2 (ALG II)
5,311
5,098
4,798
4,907
social allowance
1,973
1,922
1,811
1,829
764
821
860
857
82
88
92
93
682
733
768
764
194
153
128
121
benefits according to SGB II (“Hartz IV”)
benefits according to SGB XII cost-of-living assistance outside facilities basic old-age pensions and disability pensions standard benefits according to Asylum Seeker Benefits Act current welfare benefits for war victims2,3 total
60
60
46
46
8,301
7,995
7,644
7,760
expenditure
type of benefit
in EUR bn benefits according to SGB II (“Hartz IV”)
2006
2007
2008
2009
40.5
36.3
34.9
35.9 °
unemployment benefits type 2 (ALG II)
°
°
°
social allowance
°
°
°
°
3.7
4.1
4.3
4.6
cost-of-living assistance outside facilities
0.5
0.5
0.5
0.6
basic old-age pensions and disability pensions
3.2
3.6
3.8
4.0
0.9
0.8
0.6
0.6
benefits according to SGB XII
standard benefits according to Asylum Seeker Benefits Act current welfare benefits for war victims2,3 total
0.5
0.5
0.5
0.5
45.6
41.7
40.3
41.6
1 as at 31 December of the respective year 2 statistics of welfare benefits for war victims only biennial, data relate to 2006 and 2008 3 regular benefits Source: StBA
118
Premium income of primary insurers in selected industrialised countries 1970
1980
1990
2000
2010
20111 total
life
non-life
in US dollars bn EU countries2
°
118.19
362.53
726.90 1,475.89 1,498.68
880.71
617.97 131.29
of which: Germany
7.60
40.25
92.45
123.73
234.97
245.16
113.87
Austria
0.43
2.83
8.29
10.74
22.21
23.05
9.75
13.30
Belgium
0.88
4.39
8.67
19.90
39.52
41.09
25.95
15.14 98.36
France
4.51
22.63
74.32
120.89
283.22
273.11
174.75
Ireland
0.17
0.99
4.31
16.553
48.02
52.25
43.04
9.21
Italy
1.87
7.25
30.22
63.06
174.35
160.51
105.09
55.43
Netherlands
1.56
8.58
24.10
36.84
102.28
110.93
31.21
79.72
Spain
0.74
3.37
16.80
34.68
73.07
79.99
39.26
40.73
Sweden
1.03
4.81
11.35
17.87
38.22
42.11
31.96
10.15
United Kingdom
5.14
31.03
101.72
246.90
300.24
319.55
210.07
109.49
29.94
52.83
63.58
35.08
28.49
859.48 1,162.16 1,204.68
537.57
667.11
Switzerland USA
1.01
6.12
19.64
67.91
189.81
482.11
Canada
3.95
12.46
31.83
46.04
113.69
121.21
52.17
69.05
Japan
7.85
59.20
278.27
503.71
571.36
655.41
524.67
130.74
South Korea
°
1.50
27.41
58.35
115.06
130.38
79.16
51.22
Taiwan
°
0.60
6.84
22.87
76.43
78.42
64.13
14.28
7.04
22.16
35.85
72.73
89.09
45.19
43.89
Australia world total
1.77 115.00
435.00 1,355.73 2,444.90 4,335.69 4,595.12 2,626.94 1,968.18 share in world premium income as %
EU countries2
°
27.17
26.74
29.73
34.04
32.61
33.53
31.40
of which: Germany
6.61
9.25
6.82
5.06
5.42
5.34
4.33
6.67
Austria
0.37
0.65
0.61
0.44
0.51
0.50
0.37
0.68
Belgium
0.77
1.01
0.64
0.81
0.91
0.89
0.99
0.77
France
3.92
5.20
5.48
4.94
6.53
5.94
6.65
5.00
Ireland
0.15
0.23
0.32
0.68
1.11
1.14
1.64
0.47
Italy
1.63
1.67
2.23
2.58
4.02
3.49
4.00
2.82
Netherlands
1.36
1.97
1.78
1.51
2.36
2.41
1.19
4.05
Spain
0.64
0.77
1.24
1.42
1.69
1.74
1.49
2.07
Sweden
0.90
1.11
0.84
0.73
0.88
0.92
1.22
0.52
United Kingdom
4.47
7.13
7.50
10.10
6.92
6.95
8.00
5.56
0.88
1.41
1.45
1.22
1.22
1.38
1.34
1.45 33.89
Switzerland
59.05
43.63
35.56
35.15
26.80
26.22
20.46
Canada
USA
3.43
2.86
2.35
1.88
2.62
2.64
1.99
3.51
Japan
6.83
13.61
20.53
20.60
13.18
14.26
19.97
6.64
South Korea
°
0.34
2.02
2.39
2.65
2.84
3.01
2.60
Taiwan
°
0.14
0.50
0.94
1.76
1.71
2.44
0.73
1.54
1.62
1.63
1.47
1.68
1.94
1.72
2.23
Australia
1 provisional figures 2 EU premium income in the respective year is equal to the total of premium income of respective EU member countries 3 premium growth estimated according to growth rate of domestic business Source: Swiss Re
119
Premium income of primary insurers in selected emerging markets 1980
1990
2000
2010
20111 total
life
non-life
in US dollars bn Argentina
3.34
0.86
6.78
10.13
12.85
2.60
10.25
Brazil
1.76
2.55
12.55
64.26
78.29
41.05
37.24
Mexico
1.51
2.62
9.47
19.23
22.23
10.08
12.15
°
2.83
19.33
214.63
221.86
134.54
87.14
India
1.79
4.63
9.97
74.38
72.63
60.44
12.19
Indonesia
0.34
0.95
1.74
11.58
14.09
9.44
4.66
Bulgaria
°
°
0.18
1.10
1.13
0.16
0.97
Czech Republic
°
°
1.83
8.17
8.76
4.07
4.69
Hungary
°
0.65
1.36
3.98
3.96
2.19
1.77
Poland
°
0.74
4.79
17.76
19.11
9.24
9.87
Rumania
°
0.22
0.26
2.61
2.61
0.55
2.05
Slovakia
°
°
0.59
2.66
2.87
1.36
1.51
Slovenia
°
°
0.87
2.78
3.01
0.94
2.07
Russia
°
°
6.07
41.64
43.26
1.19
42.07
Turkey
0.17
0.76
2.84
9.22
10.05
1.58
8.47
South Africa
3.55
10.86
22.96
48.58
52.38
41.53
10.84
China
world total
435.00 1,355.73 2,444.90 4,335.69 4,595.12 2,626.94 1,968.18 share in world premium income as %
Argentina
0.77
0.06
0.28
0.23
0.28
0.10
0.52
Brazil
0.40
0.19
0.51
1.48
1.70
1.56
1.89
Mexico
0.35
0.19
0.39
0.44
0.48
0.38
0.62
°
0.21
0.79
4.95
4.83
5.12
4.43
India
0.41
0.34
0.41
1.72
1.58
2.30
0.62
Indonesia
0.08
0.07
0.07
0.27
0.31
0.36
0.24
Bulgaria
°
°
0.01
0.03
0.02
0.01
0.05
Czech Republic
°
°
0.07
0.19
0.19
0.15
0.24
Hungary
°
0.05
0.06
0.09
0.09
0.08
0.09
Poland
°
0.05
0.20
0.41
0.42
0.35
0.50
Rumania
°
0.02
0.01
0.06
0.06
0.02
0.10
Slovakia
°
°
0.02
0.06
0.06
0.05
0.08
Slovenia
°
°
0.04
0.06
0.07
0.04
0.10
Russia
°
°
0.25
0.96
0.94
0.05
2.14
Turkey
0.04
0.06
0.12
0.21
0.22
0.06
0.43
South Africa
0.82
0.80
0.94
1.12
1.14
1.58
0.55
China
1 provisional figures Source: Swiss Re
120
Penetration of insurance and insurance density in selected industrialised countries premiums as % of GDP (penetration of insurance) total
life
premiums per capita (US dollars) (insurance density)
non-life
total
3.3
1,497
life
non-life
1995 EU-15
6.8
3.6
779
718
of which: Germany
6.4
2.6
3.8
1,899
763
1,136
Austria
5.5
2.0
3.5
1,595
575
1,020
Belgium
4.9
2.3
2.6
1,305
609
696
France
8.6
5.4
3.1
2,268
1,435
834
Ireland
7.8
4.4
3.4
1,341
756
585
Italy
3.8
1.4
2.4
674
249
425 1,069
Netherlands
8.9
4.8
4.2
2,283
1,214
Spain
4.8
2.0
2.8
688
282
406
Sweden
4.8
2.4
2.3
1,238
631
607
United Kingdom Switzerland
10.3
6.6
3.8
1,694
1,079
616
10.5
6.7
3.7
4,507
2,894
1,613 1,367
USA
8.6
3.7
5.0
2,372
1,006
Canada
6.6
2.9
3.7
1,255
552
703
Japan
12.8
10.2
2.5
5,088
4,076
1,013
South Africa
13.2
10.3
2.9
1,338
1,042
296
Taiwan
5.5
3.7
1.8
679
459
219
Australia
7.8
4.2
3.6
1,505
814
691
3.2
2,757
1,647
1,110
20111 EU-27
7.9
4.7
of which: Germany
6.8
3.2
3.6
2,967
1,389
1,578
Austria
5.5
2.3
3.2
2,740
1,159
1,581
Belgium
7.7
5.0
2.7
3,622
2,359
1,262
France
9.5
6.2
3.3
4,041
2,638
1,403 1,082
Ireland
9.1
6.9
2.2
4,449
3,367
Italy
7.0
4.7
2.3
2,530
1,696
834
13.2
3.7
9.5
6,647
1,870
4,777
Netherlands Spain
5.4
2.6
2.7
1,729
849
880
Sweden
7.9
6.0
1.9
4,455
3,382
1,074
United Kingdom Switzerland
11.8
8.7
3.1
4,535
3,347
1,188
10.0
5.5
4.5
8,012
4,421
3,591
USA
8.1
3.6
4.5
3,846
1,716
2,130
Canada
7.0
3.0
4.0
3,529
1,519
2,010
Japan
11.0
8.8
2.2
5,169
4,138
1,031
South Korea
11.6
7.0
4.6
2,661
1,615
1,045
Taiwan
17.0
13.9
3.1
3,371
2,757
614
6.0
3.0
3.0
4,094
2,077
2,017
Australia
1 provisional figures Source: Swiss Re
121
Penetration of insurance and insurance density in selected emerging markets premiums as % of GDP (penetration of insurance) total
life
premiums per capita (US dollars) (insurance density)
non-life
total
life
non-life
1995 Argentina
1.7
0.4
1.3
142
36
Brazil
2.0
0.4
1.7
90
16
106 75
Mexico
1.5
0.5
1.0
39
13
26
China
1.2
0.4
0.8
6
2
4
India
2.0
1.4
0.6
6
5
2
Indonesia
1.4
0.5
0.9
12
5
8
Bulgaria
2.1
0.7
1.4
32
11
21
Czech Republic
2.7
0.7
2.0
123
34
90
Hungary
2.2
0.6
1.5
92
28
65 40
Poland
2.0
0.7
1.3
60
20
Rumania
0.4
0.0
0.4
6
1
6
Slovakia
2.0
0.5
1.5
66
15
50 372
Slovenia
4.7
0.7
4.0
436
65
Russia
1.3
0.6
0.8
33
14
18
Turkey
0.8
0.1
0.7
22
3
19
15.5
12.4
3.1
503
402
101
South Africa
20111 Argentina
2.9
0.6
2.3
315
64
251
Brazil
3.2
1.7
1.5
398
208
189 106
Mexico
1.9
0.9
1.1
193
88
China
3.0
1.8
1.2
163
99
64
India
4.1
3.4
0.7
59
49
10
Indonesia
1.7
1.1
0.6
60
40
20
Bulgaria
2.1
0.3
1.8
151
22
129
Czech Republic
3.9
18.0
2.1
832
386
445
Hungary
2.8
1.5
1.2
397
220
178 258
Poland
3.7
1.8
1.9
500
242
Rumania
1.5
0.3
1.2
122
26
96
Slovakia
2.9
1.4
1.5
528
250
278 1,006
Slovenia
5.9
1.8
4.0
1,464
459
Russia
2.4
0.1
2.3
303
8
295
Turkey
1.3
0.2
1.1
136
21
115
12.9
10.2
2.7
1,037
823
215
South Africa
1 provisional figures Source: Swiss Re
122
Premium income* of important reinsurance locations 2006
2007
2008
2009
2010
in US dollars bn
change against previous year as %
Germany
43.05
42.18
40.13
46.16
45.32
-1.8
USA
32.55
34.91
31.56
30.23
29.21
-3.4 39.1
Switzerland
10.36
12.60
13.69
10.19
14.18
Bermuda
14.34
13.81
12.10
12.67
13.15
3.8
United Kingdom
12.36
10.02
8.20
11.26
11.50
2.1
Japan
10.02
10.57
9.00
9.00
10.37
15.2
France
6.46
7.16
5.59
5.87
5.77
-1.6
Ireland
3.40
3.48
4.05
5.35
5.45
2.0
Luxembourg
°
°
3.82
6.18
5.20
-15.7
South Korea
2.35
2.80
2.23
2.49
2.76
10.6
share in world premium income as % Germany
29.33
28.07
28.45
30.40
28.97
x
USA
22.18
23.23
22.38
19.91
18.67
x
Switzerland
7.06
8.39
9.71
6.71
9.06
x
Bermuda
9.77
9.19
8.58
8.35
8.40
x
United Kingdom
8.42
6.67
5.81
7.52
7.35
x
Japan
6.83
7.04
6.38
5.93
6.63
x
France
4.39
4.77
3.96
3.86
3.69
x
Ireland
2.32
2.32
2.87
3.52
3.49
x
Luxembourg
°
°
2.71
4.07
3.33
x
South Korea
1.60
1.86
1.58
1.64
1.76
x
* written premiums, net of retrocession Source: Standard & Poor’s
123
Pension funds in international comparison financial assets of pension funds 2007
2008
2009
2010
2010
in US dollars bn
share in GDP as %
154.470
172.351
175.501
171.352
5.2
Austria
18.014
18.343
19.532
19.751
5.3
Belgium
Germany1
20.262
16.667
19.165
17.627
3.8
France
1.921
2.718
4.167
4.570
0.2
Ireland
118.633
92.867
100.278
100.000
49.1
68.686
78.498
86.818
93.788
4.6
1,058.153
979.925
997.922
1,056.769
128.5
118.465
114.230
118.159
111.122
7.9
39.452
35.307
33.435
°
9.6
2,186.472
1,698.841
1,753.016
1,943.110
88.7
504.601
496.957
551.450
°
113.7
10,939.952
8,223.882
9,591.549
10,587.679
72.7
888.645
772.383
806.350
1,017.672
64.7
1,122.878
1,120.049
1,351.190
1,388.329
25.2
964.365
916.789
811.719
1,089.723
91.0
18,959.763
15,570.956
17,266.298
18,590.415
71.6
Italy Netherlands Spain Sweden United Kingdom Switzerland USA Canada Japan Australia OECD total
1 Pensionskassen and pension funds Source: OECD
124
Population in selected industrialised countries population 20111
Germany
population growth as %
numbers in 1,000
as % of EU-27
1950– 1955
1975– 1980
2005– 2010
81,752
16.3
0.6
-0.1
-0.1
Austria
8,404
1.7
0.0
-0.1
0.4
Belgium
10,951
2.2
0.5
0.1
0.6
France
65,048
12.9
0.8
0.4
0.6
Ireland
4,481
0.9
-0.3
1.4
1.4
Italy
60,626
12.1
0.6
0.4
0.6
Netherlands
16,656
3.3
1.2
0.7
0.4
Spain
46,153
9.2
0.8
1.1
1.2
9,416
1.9
0.7
0.3
0.8
62,436
12.4
0.2
0.0
0.6
7,702
x
1.2
-0.1
0.7
313,085
x
1.6
1.0
0.9
34,350
x
2.7
1.2
1.0
126,497
x
1.4
0.9
0.0
Sweden United Kingdom Switzerland USA Canada Japan
population 2010 by age group as %
2011
under 15
15–64
65 and older
Germany
13.5
66.1
20.4
357,114
230
Austria
14.7
67.7
17.6
83,871
100
Belgium
16.9
65.7
17.4
30,528
352
France
18.4
64.8
16.8
551,500
114
Ireland
21.2
67.1
11.7
70,273
64
Italy
14.1
65.5
20.4
301,336
202
Netherlands
17.7
67.0
15.3
37,354
446
Spain
15.0
68.0
17.0
505,992
°
Sweden
16.5
65.3
18.2
450,295
21
United Kingdom
17.4
66.0
16.6
242,900
257
Switzerland
15.2
68.1
16.7
41,277
187
USA
20.4
66.5
13.1
9,629,091
33
Canada
16.4
69.5
14.1
9,984,670
3
Japan
13.4
63.9
22.7
377,930
335
1 as at 1 January, France, Ireland and United Kingdom: provisional figures Source: EUROSTAT; StBA
surface in sq km
inhabitants per sq km
Employment in selected industrialised countries labour force in 1,0001 1995 EU-27 EU-15
persons in employ- economic activity ment in 1,000 rate as %2
2011
1995
female economic activity rate as %3
1995
2011
1995
2011
° 217,169
°
71.2
°
64.9
166,526 192,030 149,326 173,453
67.2
72.5
56.6
66.2
° 240,399
2011
125
of which: Germany
38,992
42,239
35,758
39,738
70.5
77.2
61.3
71.8
Austria
3,840
4,323
3,692
4,144
71.4
75.3
61.7
69.5
Belgium
4,181
4,856
3,775
4,509
62.1
66.7
51.7
61.1
France
24,762
28,585
22,017
25,764
67.8
70.4
60.8
66.1
Ireland
1,453
2,113
1,275
1,809
61.9
69.4
47.3
62.1
22,642
25,075
20,026
22,967
57.8
62.2
42.3
51.5
7,368
8,757
6,845
8,369
69.3
78.4
58.6
73.1
15,791
23,104
12,512
18,105
59.0
73.7
43.3
67.0
4,454
5,019
4,064
4,642
77.0
80.2
74.6
77.7
28,438
31,612
26,056
29,078
75.2
75.7
66.5
69.7
Italy Netherlands Spain Sweden United Kingdom
share of persons in employment by economic sector as % in 20114 agriculture
manufacturing
services
EU-27
5.3
22.9
EU-15
3.0
21.1
Germany
1.6
Austria
4.9
Belgium
unemployment rate as %5 1995
2009
2010
2011
71.9
°
9.0
9.7
9.7
75.9
10.2
9.2
9.6
9.7
24.6
73.8
8.3
7.8
7.1
5.9
23.5
71.5
3.9
4.8
4.4
4.2
1.4
19.1
79.6
9.7
7.9
8.3
7.2
France
2.5
18.8
78.7
10.5
9.5
9.8
9.7
Ireland
4.6
19.0
76.4
12.3
11.9
13.7
14.4
Italy
3.9
26.9
69.3
11.2
7.8
8.4
8.4
Netherlands
2.5
16.0
81.6
7.1
3.7
4.5
4.4
Spain
4.1
19.9
75.9
20.0
18.0
20.1
21.7
of which:
Sweden
2.0
21.6
76.4
8.8
8.3
8.4
7.5
United Kingdom
1.3
15.8
82.9
8.5
7.6
7.8
8.0
Switzerland
3.3
21.1
70.9
4.2
4.1
4.2
3.8
USA
1.5
19.9
78.6
5.6
9.3
9.6
9.0
Canada
2.4
21.5
76.5
9.5
8.3
8.0
7.4
Japan
3.8
27.7
67.3
3.2
5.1
5.1
4.66
Australia
3.3
21.6
75.1
9.8
5.6
5.2
5.1
1 all persons in or looking for directly or indirectly gainful employment 2 labour force as % of population aged 15–64 3 female labour force as % of female population aged 15–64 4 USA, Canada, Japan and Australia: figures for 2008; Switzerland: figures for 2009 5 unemployed as % of labour force 6 due to modified classification, figure not comparable to previous years Source: StBA; EUROSTAT; OECD
126
Gross domestic product and prices in selected industrialised countries gross domestic product
consumer prices
in US dollars bn1
change against previous year as %2
change against previous year as %
13,093.6
1.5
°
2.7
per capita in US dollars3 2011
Euro area of which: Germany
3,575.5
3.0
43,742
2.3
Austria
419.1
3.1
49,809
3.3
Belgium
513.2
1.9
46,878
3.5
France
2,776.1
1.7
44,008
2.1
Ireland
217.5
0.7
47,513
2.6
2,197.8
0.4
36,267
2.8
837.4
1.2
50,356
2.3
1,492.9
0.7
32,360
3.2
2,416.0
0.7
38,592
4.5
635.3
1.9
81,161
0.2 3.2
Italy Netherlands Spain United Kingdom Switzerland USA
15,094.0
1.7
48,387
Canada
1,736.1
2.5
50,436
2.9
Japan
5,870.9
-0.8
45,920
-0.3
private consumption
public consumption
gross capital formation
exports
imports
of goods and services
savings ratio as %4
as % of gross domestic product 2011 Euro area
57.4
21.6
19.2
43.8
42.4
° 11.3
of which: Germany
57.4
19.6
18.2
50.1
45.0
Austria
53.6
19.3
21.1
56.6
53.7
7.7
Belgium
52.9
24.1
20.8
84.7
83.0
10.7 16.6
France
57.7
24.5
19.8
26.7
29.7
Ireland
49.6
18.4
10.2
105.7
84.2
8.5
Italy
61.3
20.5
19.5
28.8
30.2
3.9
Netherlands
44.9
28.1
18.6
82.7
74.6
2.3
Spain
58.3
20.3
18.3
30.1
30.7
11.1
United Kingdom
64.2
22.5
14.3
32.3
34.2
6.8
Switzerland
57.3
11.5
21.1
52.9
41.4
12.1
USA
71.1
16.9
15.6
13.8
17.7
4.6
Canada
57.1
21.4
22.6
26.0
25.9
4.3
Japan
60.3
20.7
20.7
15.2
16.1
7.3
1 at current prices and exchange rates 2 at constant prices 3 at current prices and exchange rates, partly provisional figures 4 net savings of private households as % of disposable income; France, Spain and United Kingdom: gross savings Source: OECD; IMF
127
Public finances in selected industrialised countries public debt
government budget balance as % of GDP
2009
2010
2011
2009
2010
Germany
74.4
83.0
81.2
-3.2
-4.3
2011 -1.0
Austria
69.5
71.9
72.2
-4.1
-4.5
-2.6
Belgium
95.8
96.0
98.0
-5.6
-3.8
-3.7
Denmark
40.6
42.9
46.5
-2.7
-2.5
-1.8
Finland
43.5
48.4
48.6
-2.5
-2.5
-0.5
France
79.2
82.3
85.8
-7.5
-7.1
-5.2
Greece
129.4
145.0
165.3
-15.6
-10.3
-9.1
Ireland
65.1
92.5
108.2
-14.0
-31.2
-13.1
116.0
118.6
120.1
-5.4
-4.6
-3.9
14.8
19.1
18.2
-0.8
-0.9
-0.6
Italy Luxembourg Netherlands
60.8
62.9
65.2
-5.6
-5.1
-4.7
Portugal
83.1
93.9
107.8
-10.2
-9.8
-4.2 -8.5
Spain
53.9
61.2
68.5
-11.2
-9.3
Sweden
42.6
39.4
38.4
-0.7
0.3
0.3
United Kingdom
69.6
79.6
85.7
-11.5
-10.2
-8.3
taxes as % of GDP
taxes and social contributions as % of GDP
public expenditure ratio1
1980
20102
1980
20102
1980
1990
2011
Germany
23.9
22.1
36.4
36.3
46.9
43.6
45.7
Austria
26.8
27.5
38.9
42.0
50.0
51.5
50.5
Belgium
29.4
29.6
41.3
43.8
55.0
52.2
53.2
Denmark
42.5
47.2
43.0
48.2
52.7
55.4
57.8
Finland
27.4
29.6
35.7
42.1
40.1
48.2
53.7
France
23.0
26.3
40.1
42.9
45.7
49.6
55.9
Greece
14.5
20.2
21.6
30.9
25.0
45.2
50.0
Ireland
26.6
22.3
31.1
28.0
69.0
42.3
48.8
Italy
18.4
29.4
29.7
43.0
40.8
52.6
50.0
Luxembourg
25.3
25.8
35.6
36.7
°
37.7
42.0
Netherlands
26.6
24.4
42.9
38.2
55.2
54.9
50.2
Portugal
16.1
22.3
22.9
31.3
33.3
38.5
48.9
Spain
11.6
19.7
22.6
31.7
16.4
42.6
43.6
Sweden
33.0
34.4
46.4
45.8
40.0
°
51.1
United Kingdom
29.0
28.3
34.8
35.0
47.6
41.1
49.1
Switzerland
18.9
22.9
24.7
29.8
°
°
°
USA
20.6
18.3
26.4
24.8
34.2
37.3
41.7
Canada
27.7
26.2
31.0
31.0
°
°
°
Japan
18.0
15.9
25.4
26.9
33.5
31.1
43.0
1 government expenditure as % of GDP 2 Netherlands and Japan: figures for 2009 Source: BMF
128
Population and economy in the EU accession countries population1
gross domestic product2
in 1,000
in EUR bn
gross domestic product per capita (EU-27=100)3
2009
2010
2011
2009
2010
2011
2009
2010
2011
7,607
7,564
7,505
34.93
36.05
38.484
44
44
45
797
803
8044
16.85
17.33
17.76
98
95
92
10,468
10,507
10,533
141.45
149.31
154.91
82
80
80
Estonia
1,340
1,340
1,340
13.84
14.31
15.97
64
64
67
Hungary
10,031
10,014
9,986
91.40
97.09
100.78
65
65
66
Latvia
2,261
2,248
2,230
18.52
17.97
20.05
51
555
58
Lithuania
3,350
3,329
3,245
26.62
27.54
30.70
55
57
62
414
413
418
5.81
6.12
6.39
82
82
83
Poland
38,136
38,167
38,200
310.65
354.57
370.01
61
63
65
Rumania
21,499
21,462
21,4144
118.20
124.06
136.484
47
47
49
Slovakia
5,412
5,425
5,435
62.80
65.74
69.06
73
73
73
Slovenia
2,032
2,047
2,050
35.31
35.42
35.64
87
85
84
Bulgaria Cyprus Czech Rep.
Malta
gross domestic product6 change against previous year as %
consumer prices (2005=100)7
unemployment rate as %
2009
2010
2011
2009
2010
2011
2009
2010
2011
Bulgaria
-5.5
0.2
1.7
132.6
136.6
141.2
6.8
10.2
11.2
Cyprus
-1.9
1.1
0.5
109.2
112.0
115.9
5.3
6.2
7.8
Czech Rep.
-4.7
2.7
1.7
112.4
113.7
116.2
6.7
7.3
6.7
-14.3
2.3
7.6
123.6
127.0
133.4
13.8
16.9
12.5
Estonia Hungary
-6.8
1.3
1.7
123.9
129.7
134.8
10.0
11.2
10.9
Latvia
-17.7
-0.3
5.5
139.6
137.9
143.7
17.1
18.7
15.4
Lithuania
-14.8
1.4
5.9
127.1
128.6
133.9
13.7
17.8
15.4
Malta
-2.7
2.3
2.1
110.1
112.4
115.1
6.9
6.9
6.5
Poland
1.6
3.9
4.3
112.6
115.6
120.1
8.2
9.6
9.7
Rumania
-6.6
-1.6
2.5
127.4
135.2
143.0
6.9
7.3
7.4
Slovakia
-4.9
4.2
3.3
111.4
112.2
116.8
12.0
14.4
13.5
Slovenia
-8.0
1.4
-0.2
113.3
115.6
118.0
5.9
7.3
8.2
public finances
long-term interest rates8 as %
public debt as % of GDP
government budget balance as % of GDP
2009
2010
2011
2009
2010
2011
2009
2010
2011
6.75
5.19
5.23
14.6
16.3
16.3
-4.3
-3.1
-2.1
Cyprus
°
°
7.00
58.5
61.5
71.6
-6.1
-5.3
-6.3
Czech Rep.
°
°
3.70
34.4
38.1
41.2
-5.8
-4.8
-3.1
Estonia
°
°
°
7.2
6.7
6.0
-2.0
0.2
1.0
9.11
7.28
8.97
79.8
81.4
80.6
-4.6
-4.2
4.3
15.50
6.85
5.93
36.7
44.7
42.6
-9.8
-8.2
-3.5
Lithuania
°
°
5.75
29.4
38.0
38.5
-9.4
-7.2
-5.5
Malta
°
°
4.43
68.1
69.4
72.0
-3.8
-3.7
-2.7
6.13
5.80
5.84
50.9
54.8
56.3
-7.4
-7.8
-5.1
Rumania
°
°
7.39
23.6
30.5
33.3
-9.0
-6.8
-5.2
Slovakia
°
°
5.21
35.6
41.1
43.3
-8.0
-7.7
-4.8
Slovenia
4.37
3.83
6.90
35.2
38.8
47.6
-6.1
-6.0
-6.4
Bulgaria
Hungary Latvia
Poland
1 as at 1 January • 2 at current prices and exchange rates • 3 at current prices; in purchasing power standards • 4 provisional figure • 5 due to modified classification, figures not comparable with previous years • 6 chain-linked volumes, reference year 2000; in national currency • 7 harmonized index of consumer prices • 8 average yield of 10-year government bonds; from 2011 yield of government bonds with remaining time to maturity of about 10 years on the secondary market, average for December Source: EUROSTAT
129
Gross domestic product and population in selected emerging markets gross domestic product
change against previous year as %2
in US dollars bn1
Argentina Brazil
2008
2009
2010
2008
2009
326.7
307.1
368.7
6.8
0.9
2010 9.2
1,652.6
1,594.5
2,087.9
5.2
-0.6
7.5
Mexico
1,094.5
879.7
1,034.8
1.2
-6.1
5.4
China
4,521.8
4,991.3
5,926.6
9.6
9.2
10.4
India
1,216
1,377.3
1,727.1
4.9
9.1
8.8
539.4
706.6
6.0
4.6
6.1
Indonesia South Africa Russia
510.2 275.3
282.8
363.7
3.6
-1.7
2.8
1,660.8
1,222.0
1,479.8
5.2
-7.8
4.0
population in m
Argentina Brazil Mexico
gross national income per capita in US dollars3
2008
2009
2010
2008
2009
39.7
40.1
40.4
7,190
7,580
2010 8,620
191.5
193.2
194.9
7,480
8,090
9,390
110.6
112.0
113.4
9,640
8,650
8,890
China
1,324.7
1,331.4
1,338.3
3,040
3,620
4,270
India
1,140.0
1,155.3
1,170.9
1,080
1,220
1,330
235.0
237.4
239.9
1,950
2,160
2,500
Indonesia South Africa Russia
48.8
49.3
50.0
5,860
5,730
6,090
142.0
141.9
141.8
9,710
9,290
9,900
1 at current prices and exchange rates 2 at constant prices in national currency 3 calculated according to Atlas method Source: World Bank
130 year
Interest rates, bond yields and share prices in Europe and the USA* key interest rates of the central bank
current yield of government bonds
share indexes
USA1
Euro area2
1975
4.88
3.50
8.0
8.5
852
°
1980
18.00
7.50
11.4
8.8
964
°
481
1985
7.75
4.00
10.6
6.6
1,547
°
1,366
1990
7.00
6.00
8.6
8.8
2,634
859
1,398
1991
4.00
8.00
7.9
8.3
3,169
1,000
1,578
1992
3.00
8.25
7.0
7.4
3,301
1,034
1,545
1993
3.00
5.75
5.9
5.9
3,754
1,433
2,267
1994
5.50
4.50
7.1
7.5
3,834
1,321
2,107
1995
5.50
3.00
6.6
6.1
5,117
1,507
2,254
1996
5.25
2.50
6.4
5.8
6,448
1,850
2,889
1997
5.50
2.50
6.4
5.3
7,908
2,532
4,250
1998
4.75
2.50
5.3
3.9
9,181
3,342
5,002
1999
5.50
3.00
5.7
5.2
11,497
4,904
6,958
2000
6.50
4.75
6.0
4.9
10,788
4,772
6,434
2001
1.75
3.25
5.0
4.8
10,022
3,806
5,160
2002
1.25
2.75
4.6
4.3
8,342
2,386
2,893
2003
1.00
2.00
4.0
4.3
10,454
2,761
3,965
2004
2.25
2.00
4.3
3.6
10,783
2,951
4,256
2005
4.25
2.25
4.3
3.4
10,718
3,579
5,408
2006
5.25
3.50
4.8
3.8
12,463
4,120
6,597
2007
4.25
4.00
4.6
4.3
13,265
4,400
8,067
2008
0.25
2.50
3.7
3.2
8,776
2,451
4,810
2009
0.25
1.00
3.3
3.2
10,428
2,966
5,957
2010
0.25
1.00
3.2
2.9
11,578
2,793
6,914
2011
0.25
1.00
2.8
2.1
12,218
2,317
5,898
USA3
Germany4 Dow Jones EuroSTOXX 50 Industrial
DAX 30
as % 563
* as per end of year 1 federal funds rate; 1975 rounded; 1980 and from 2008 upper boundary of applied margin 2 until 1998 bank rate of the Deutsche Bundesbank, from 1999 main refinancing facility of the ECB 3 government bonds with 10-year maturity 4 government bonds with remaining time to maturity of 9–10 years; average for December Source: Deutsche Bundesbank; ECB; Federal Reserve; Dow Jones; Deutsche Börse
131
Exchange rates DM exchange rates The national currency concerned was equal to …DM1 year
1 US dollar
1 British pound
1960
4.17
11.71
100 Jap. yen °
100 Swiss francs
1970
3.65
8.74
1.02
84.60
1980
1.82
4.23
0.81
108.48
1990
1.62
2.88
1.12
116.50
1998
1.76
2.91
1.35
121.41
96.56
EUR exchange rates 1 EUR was equal to1 year
US dollars
British pounds
Jap. yen
Swiss francs
1999
1.0658
0.65874
121.32
1.6403
2000
0.9236
0.60948
99.47
1.5579
2001
0.8956
0.62187
108.68
1.5105
2002
0.9456
0.62883
118.06
1.4670
2003
1.1312
0.69199
130.97
1.5212
2004
1.2439
0.67866
134.44
1.5438
2005
1.2441
0.68380
136.85
1.5483
2006
1.2556
0.68173
146.02
1.5729
2007
1.3705
0.68434
161.25
1.6427
2008
1.4708
0.79628
152.45
1.5874
2009
1.3948
0.89094
130.34
1.5100
2010
1.3257
0.85784
116.24
1.3803
2011
1.3920
0.86788
110.96
1.2326
1 annual averages Source: Deutsche Bundesbank, ECB
Index
Accident insurance, private Accident insurance, statutory Ageing reserve Assets, fixed Basisrente contracts Building activity Buildings, stock of Business in force insurance industry, total health insurance life insurance property & casualty insurance Business start-ups Capital formation, fixed Claims ratio property & casualty insurance reinsurance Combined ratio Comprehensive insurance on buildings Comprehensive insurance on contents Consumer expenditure Consumer price index Credit, surety and fidelity insurance Direct insurance (occupational pensions) Distribution channels Durable consumption goods Emerging markets Employment insurance industry Germany industrialised countries Engineering insurance / EI-BI Equity capital (insurance companies) EU accession countries Exchange rates
58, 59, 75, 78 115 48, 52 90, 91 37 92 92 7 45, 47 26, 27 57, 58 93 88, 89 54, 78 82 78 58, 59, 62, 78 58, 59, 63, 78 88, 89, 100 101 58, 68, 78 38, 109 12 98 119, 121, 129 8 87 125 58, 59, 66, 78 42, 52, 79, 83 128 131
Financial assets (of private households) acquisition of financial assets Fire brigade tax Foreign business primary insurance reinsurance Foreign insurance companies in Germany Foreign insurance markets emerging markets industrialised countries occupational pension schemes reinsurance Gross domestic product Germany emerging markets industrialised countries
17, 18 80 19, 20 119, 121 118, 120 123 122 88, 89 129 126
Health care sector Health insurance, private premium income investment portfolio claims expenditure companies (number, legal form) distribution channels type of insurance business in force ageing reserve compulsory long-term care insurance Health insurance, statutory Households (number) Income, disposable Industrialised countries Insolvencies Insurance advisers
104, 107 105–107 24
94 5, 45, 46 52 48–50 2, 44 12 46, 47, 49 7, 45, 47 48, 52 51 113 86
100 118, 120, 124–127 93 11
Insurance benefits insurance industry, total health insurance life insurance property & casualty insurance reinsurance Insurance companies number employment by federal state legal form Insurance density Insurance industry premium income employment insurance benefits investment portfolio market concentration cross-industry comparison Insurance intermediaries Insurance penetration Insurance premium tax Interest rates Investment portfolio insurance industry, total primary insurance health insurance life insurance property & casualty insurance reinsurance alternative investments Legal expenses insurance Legal form insurance industry, total health insurance life insurance property & casualty insurance Liability insurance Life insurance premium income business development investment portfolio insurance benefits liabilities towards policyholders
1 48–50 40, 41 54, 56 80 2 9, 10 4 3 21, 120, 121 5 8–10 1 13, 14 22 23 8, 11 21, 120, 121 24 110, 130 13, 14 15 52 42 79 83 16 58, 59, 76, 78 3, 6 44 25 53 58, 59, 69, 78 5, 26, 27, 30–34 26, 27 42 40, 41 42
business in force new business companies (number, legal form) distribution channels type of insurance Basisrente contracts direct insurance (occupational pensions) Riester contracts reinsurance (occupational pensions) supplementary insurance share of financial assets share of acquisition of financial assets Long-term care insurance, private Long-term care insurance, social
7, 26, 27 26, 27, 35 2, 25 12 32, 34, 35 37 38 36 38 39 104 105, 107 45, 47, 49, 51 114
Marine and aviation insurance 58, 67, 78 Market concentration (insurance industry) 22 Mortality 85 Motor insurance 58, 59, 70–74, 78, 95 Motor vehicles 95, 103 expenditure on motor vehicles (price index) 103 Occupational pension schemes incidence pension vehicles life insurance direct insurance reinsurance Pensionskassen pension funds international comparison Pension funds Pension insurance, private Pension insurance, statutory Pensionskassen Population Germany emerging markets EU accession countries industrialised countries
108 109 28–30, 38, 109 38, 109 38 28, 43, 109 29, 109 123 29, 109 32, 34, 36, 37 112 2, 28, 43, 109 84 129 128 124
Premium income insurance industry, total health insurance life insurance property & casualty insurance reinsurance by federal state by legal form by class of business emerging markets industrialised countries Prices, price indexes Property & casualty insurance premium income investment portfolio claims expenditure claims claims ratio combined ratio companies (number, legal form) distribution channels business in force technical provisions technical results Property insurance total private property insurance non-private property insurance comprehensive insurance on buildings comprehensive insurance on contents industrial / commercial / agricultural property insurance engineering insurance / EI-B Public finances Reinsurance premium income investment portfolio claims expenditure companies (number) classes claims ratio technical results technical provisions international locations
5 5, 45, 46 5, 26–30 5, 80, 81 5, 54, 55 4 6, 25, 44, 53 1, 5 119 118 101–103 5, 54, 55 79 54, 56 57, 59 54, 78 78 2, 53 12 7, 57, 58 79 78 58–60, 78 58, 59, 61, 78 58, 59, 64, 78 58, 59, 62, 78 58, 59, 63, 78 58, 59, 65, 78 58, 59, 66, 78 127 5, 80, 81, 122 83 80 2 81 82 82 83 122
Riester contracts Road accidents Roadside assistance Savings ratio Share prices Social expenditure social welfare budget ratio of social expenditure Social insurance systems Social security systems, tax-financed Technical results property & casualty insurance reinsurance Transportation of goods Unemployment insurance, statutory Wages and salaries Yields (bonds)
36 96 58, 59, 77 100 110, 130 111 111 112–116 117 78 82 97 116 99 110, 130
Gesamtverband der Deutschen Versicherungswirtschaft e.V. German Insurance Association Wilhelmstr. 43/43 G D-10117 Berlin Tel. +49 (0) 30 - 20 20 51 31 Fax +49 (0) 30 - 20 20 66 16
[email protected] www.gdv.de
Statistical Yearbook of German Insurance
2012
Gesamtverband der Deutschen Versicherungswirtschaft e.V.
Statistical Yearbook of German Insurance 2012