The Luxembourg Insurance Commission published its third-quarter 2026 insurance indicators, showing continued growth in life insurance premiums alongside a slight decline in reported nonlife premiums. Life premiums increased 12.42% to EUR 25.84 billion in the first nine months of 2026 compared with the same period in 2025. Reported nonlife premiums fell 1.04%, although premiums increased when measured on a comparable business scope.
Growth in life insurance premiums extended across both major product categories. Premiums for unit linked products rose 14.62% to EUR 19.00 billion, while those for guaranteed rate products increased 6.68% to EUR 6.76 billion. Life insurers’ technical provisions reached EUR 283.84 billion at the end of the third quarter, up 11.12% from a year earlier. Products linked to investment units accounted for more than 80% of those provisions.
The reported nonlife decline occurred amid portfolio transfers and changes in domicile by some groups, alongside soft market conditions. On a comparable business scope, nonlife gross premiums increased 4.77% compared with the third quarter of 2025.