Belgian insurers writes over $32 billion in insurance premiums

Belgian insurance association Assuralia said that local insurers written premiums grew 2% year on year to €30.5 billion ($32.15 billion) in 2022, with almost half of these premiums associated with non-life insurance, The Brussels Times reported. Premium payments for general insurance witnessed a sharp increase in 2022, with people in the country requiring protection particularly from increasing natural disasters like the 2022 storms Eunice and Franklin and the summer 2021 floods.