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Motor Insurance in Spain

New C&M analysis published: Spain Motor Insurance market

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2014-03-21 21:05:04 - Motor Insurance in Spain - a new market research report on

The Spanish motor insurance market had a total gross premium income of $13.0bn in 2012, representing a compound annual rate of change (CARC) of -3.2% between 2008 and 2012.

The personal segment was the market´s most lucrative in 2012, with a total gross premium income of $10.4bn, equivalent to 79.7% of the market´s overall value.

The performance of the market is forecast to accelerate, with an anticipated CAGR of 4.1% for the five-year period 2012 - 2017, which is expected to drive the market to a value of $15.9bn by the end of 2017.

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