The report is rich in data but one key comparison will undoubtedly draw attention. Between 2009 and 2018, the average cost of claims per policy decreased by 2.5% from € in 2009 to € in 2018. In contrast, between 2009 and 2018, the average premium per policy increased by 42% from € in 2009 to € in 2018.
Now, I’m not saying this is a black-and-white case. Data cannot be considered in isolation – it has to be considered both in the round and in the contextual circumstances, such as the underwriting cycles mentioned previously.