Facts and figures mutual and cooperative insurance in Europe

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      <subfield code="a">At the end of 2008, more than 55% of all insurers in Europe were mutuals or cooperatives. An additional 10% were subsidiaries of mutuals/cooperatives or other insurers operating on the basis of mutualist/cooperative business principles and/or governance -- In 2008, mutual and cooperative insurers (in the strict sense, but including
their subsidiaries) had a market share of over 18%, slightly down on 2004. In non-life insurance, their market share had slightly increased since 2004 to more than 29%, in life insurance it had fallen to just over 11% -- The mutual and cooperative insurance sector as a whole (encompassing stakeholder-driven undertakings in a wider sense) had a market share of 26%: almost 40% in non-life insurance and 17% in life insurance -- The sector provides more than 150 million Europeans with insurance services and employs close to 300,000 people </subfield>
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