Dutch insurance market analysis 2023

Dutch insurance market analysis based on the 2023 SFCR submissions of 108 solo insurers, totaling EUR 450 billion assets under management (99% market coverage based on EIOPA figures).

The chart below shows the distribution of total assets in the market is dominated by five insurers.

Total Assets Dutch solo insurers 2023
SOURCE: Solvency II Wire Data

Eligible Own Funds in the Dutch insurance market 2023

Eligible Own Funds (used for calculation of the Solvency ratio) for the sample are EUR 59 billion (99% market coverage based on EIOPA figures). As can be observed from the chart below the distribution of own funds across the market is wider than the total assets.

Eligible Own Funds Dutch solo insurers 2023
SOURCE: Solvency II Wire Data

Solvency ratio of Dutch insurance market 2016 – 2023

The majority of Dutch insurers reported a Solvency ratio of between 100% to 300%, the bulk falling into the 100% to 200% bracket. A similar distribution occured in 2022.

Solvency ratio Dutch solo insurers 2022 2023
Histogram of Solvency ratios of Dutch solo insurers 2022 & 2023
Source: Solvency II Wire Data

The chart below shows the distribution of ratios between 2016 and 2023 for the sample.

Solvency ratio Dutch solo insurers 2016 2023
Source: Solvency II Wire Data


More information about the data is available to premium subscribers of Solvency II Wire Data and subscribes to Solvency II Wire‘s exclusive SFCR Spotlight mailing list (subscribe for free here).


Further 2023 SFCR analysis from Solvency II Wire Data

Distribution of group SCR and MCR ratios of European insurers 2016 – 2023

UK Solvency ratio distribution 2016 – 2023

Insurance asset allocation of Europe’s largest groups 2016 – 2023

SFCR 2023: Solvency II template S.25.05 partial and full internal model reporting

European insurers that halved their solvency ratio in 2023

AXA Group reports highest Solvency II ratio to date


More information about the data is available to premium subscribers of Solvency II Wire Data and subscribes to Solvency II Wire‘s exclusive SFCR Spotlight mailing list (subscribe for free here).

Datasets available on Solvency II Wire Data

    • Bermuda Financial Statements: data for 226 insurers 2016 – 2023 (1324 reports) selected tables

    • Israel Economic Solvency Ratio Reports: all available data 2016 – 2022

    • SOLVENCY II WIRE DATA Captive Hub