Insurance penetration in Malta rose from 4.59% in 2013 to 5.09% in 2014 compared with an EU average of 7.68% in 2013.
Average insurance penetration in Europe grew slightly from 7.61% in 2012 to 7.68% in 2013. This increase is mainly due to the life insurance penetration, which, in 2013, grew to 4.58% from 4.52% in 2012. At the same time, non-life penetration dropped slightly to 3.10%, from 3.12% in 2012…….
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