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ARTICLE · 02 DECEMBER 2008

Liechtenstein Insurance Centre

The Liechtenstein insurance centre continues to enjoy robust growth.

LiechtensteinInsurance
Peter Naegele
Peter Naegele

1. Facts and figures

The Liechtenstein insurance centre continues to enjoy robust growth. Of the 37 insurance companies operating at the end of 2007, 19 are active in the life business, 13 in the indemnity insurance business and 5 in the reinsurance business. Of these 37 insurance companies, however, 11 operated exclusively as captive insurers. And of these 11, 5 operated as reinsurers and 6 as direct insurers.

The principal field of activity of Liechtenstein insurance companies is life insurance. In the year 2007 this accounted for a premium volume of approx. CHF 6.62 billion, or 95.9 % of the total Liechtenstein insurance sector.

Capital assets invested for clients in conjunction with investment funds or unit-linked insurance policies totalled around CHF 20.97 billion in the year 2007. The balance sheet total of insurers active in Liechtenstein amounted to approx. CHF 23.76 billion in 2007.

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