Commissions in the Reporting Country
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The OECD collects and publishes major official insurance statistics for all OECD countries.

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Bibliographic citation:
Organisation for Economic Co-operation and Development: Insurance Statistics. UK Data Service. https://dx.doi.org/10.5257/oecd/insure/2013

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Yearly

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Annual

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Start: 2006
End: 2016

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Where applicable, users can choose between national currency, USD or Euro (in millions).

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Since the collection of 2009 data, the scope of the OECD Global Insurance Statistics questionnaire has been expanded. These changes led to the collection of key balance sheet and income statement items for direct insurance and reinsurance sectors, such as: gross claims paid, outstanding claims provision (changes), gross operating expenses, commissions, total assets, gross technical provisions (of which: unit-linked), shareholder equity, net income.

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As a consequence of the implementation of the new OECD Global Insurance Statistics' framework, there is a break in series between 2008 and 2009 regarding life and non-life business data where composite insurance undertakings exist. Up until 2008, the insurance business is broken down between life and non-life business. As of 2009, the insurance business is broken down between the business of pure life, pure non-life and composite undertakings and composite undertakings' business is further broken down between life and non-life business. Some countries do not allow for insurance undertakings to be active in both life and non-life insurance business and therefore composite insurance undertakings do not exist in these countries. In other countries (e.g., Austria, Belgium, Hungary, Italy, Mexico, Portugal, Spain) however, the share of employment in composite insurance undertakings accounts for more than half of the whole domestic insurance sector. Therefore, to have comparable data across years for life business data (resp. non-life), one has to sum up the life (resp. non-life) business of pure life (resp. non-life) undertakings and the life (resp. non-life) business of composite undertakings as of 2009.

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Commissions in the Reporting CountryAbstract

The OECD collects and publishes major official insurance statistics for all OECD countries.

Contact person/organisation

Get in touchhttp://ukdataservice.ac.uk/help/get-in-touch.aspxDirect source

Bibliographic citation:
Organisation for Economic Co-operation and Development: Insurance Statistics. UK Data Service. https://dx.doi.org/10.5257/oecd/insure/2013

Source Periodicity

Yearly

Source metadata

OECD Insurance Statistics 2005-2012 (pdf document)http://stats.ukdataservice.ac.uk/metadata/OECD/Insurance/2113031e.pdfUnit of measure used

Where applicable, users can choose between national currency, USD or Euro (in millions).

Periodicity

Annual

Reference period

Start: 2006
End: 2016

Geographic coverage

Cross-national; National
(OECD) and non-OECD countries

List of OECD Member Countrieshttp://www.oecd.org/about/membersandpartners/list-oecd-member-countries.htm
Institutional coverage

Since the collection of 2009 data, the scope of the OECD Global Insurance Statistics questionnaire has been expanded. These changes led to the collection of key balance sheet and income statement items for direct insurance and reinsurance sectors, such as: gross claims paid, outstanding claims provision (changes), gross operating expenses, commissions, total assets, gross technical provisions (of which: unit-linked), shareholder equity, net income.

Item coverage

As a consequence of the implementation of the new OECD Global Insurance Statistics' framework, there is a break in series between 2008 and 2009 regarding life and non-life business data where composite insurance undertakings exist. Up until 2008, the insurance business is broken down between life and non-life business. As of 2009, the insurance business is broken down between the business of pure life, pure non-life and composite undertakings and composite undertakings' business is further broken down between life and non-life business. Some countries do not allow for insurance undertakings to be active in both life and non-life insurance business and therefore composite insurance undertakings do not exist in these countries. In other countries (e.g., Austria, Belgium, Hungary, Italy, Mexico, Portugal, Spain) however, the share of employment in composite insurance undertakings accounts for more than half of the whole domestic insurance sector. Therefore, to have comparable data across years for life business data (resp. non-life), one has to sum up the life (resp. non-life) business of pure life (resp. non-life) undertakings and the life (resp. non-life) business of composite undertakings as of 2009.

Recommended uses and limitations

Guide to Insurance Statisticshttp://ukdataservice.ac.uk/use-data/guides/dataset/insurance.aspxOther comments

Copyright:
Organisation for Economic Co-operation and Development

Terms and Conditionshttp://ukdataservice.ac.uk/get-data/how-to-access/conditions.aspx