{"id":70611,"date":"2023-12-02T07:41:52","date_gmt":"2023-12-02T06:41:52","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/schadenversicherungen-deckten-2021-hohe-schaeden-aus-naturkatastrophen\/"},"modified":"2024-04-20T14:16:09","modified_gmt":"2024-04-20T12:16:09","slug":"schadenversicherungen-deckten-2021-hohe-schaeden-aus-naturkatastrophen","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/70611\/","title":{"rendered":"Property-casualty Insurance Covered High Losses from Natural Disasters in 2021"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-70611","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"The Austrian private insurance industry expanded its premium volume by 3.1 percent in 2021. Premium income in property-casualty insurance (+4.3 percent) and in private supplementary health insurance (+3.8 percent) developed particularly favourably. High claims payments due to a tornado on the Austrian-Czech border led to an overall 3.4 percent expansion in claims payments, though payouts in life insurance declined by 9.2 percent. One-sixth of total claims payments in property-casualty insurance served to compensate for losses from natural disasters. Contrary to the international trend, the domestic insurance business continued to shift from life to health insurance and property-casualty insurance in 2021. In view of the low-interest environment, Austria's insurance industry achieved a good investment result.","onlinedate":"2022-10-17 12:00:00","lang":"German","publication_series":"","publication_date":"20220901","publication_date_year":"","publication_date_full":false,"publication_num_pages":"","keywords":"[]","jelcodes":"[\"G22\",\"E21\",\"G18\"]","related_publications":"[\"ac9e4098-fad7-4d92-93c4-209ab31c204f\",\"f850ac07-12ef-4132-9b01-2589b3edf98b\"]","pdf":255428,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"95","monthly_report_pages":"573-584","monthly_report_pages_sort":"573","issue":"9","journal":"WIFO-Monatsberichte","publisher":"","invisible":false,"external":false,"embargo_date":"2022-10-17 00:00:00","types":[44312],"research_groups":[3500],"collaboration":"","persons":[3899],"persons_data":"[{\"personId\":3899,\"personName\":\"Thomas Url\",\"organisationNames\":[]}]","clients":[],"subclients":[],"partners":[],"topics":[],"host_publication_title":"","host_publication_subtitle":"","place_of_publication":"","host_publication_editors":"[]","type_description":"","output_media":"","chapter":"","article_number":"","scientific_assistance":"[\"Glauninger Ursula\"]","scientific_review":"[\"Mayrhuber Christine\"]","version":"","release_date":null,"expiration_date":null,"surveyor":"","research_assistance":"","edv":"","additional_info_de":"","additional_info_en":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.3 (Yoast SEO v27.3) - 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