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By Helena FINN, Counsel, Insurance – Avocat à la Cour Natalia CELAC-TARABOANTA, Senior Associate, Investment Funds – Avocat à la Cour, AO Shearman (Luxembourg)
Status and trends of the Luxembourg insurance market
Despite significant geopolitical and market uncertainties in the Eurozone at the end of 2024 and the beginning of 2025—creating heightened volatility in financial markets and uncertainty around economic growth and inflation prospects—gross written premiums of Luxembourg life insurers reached unprecedented levels in 2024.
As of December 31, 2024, the Luxembourg insurance sector recorded total premium income of € 46.4 billion. On the life side, premiums amounted to € 26.8bn, representing a...
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