Featured statistic: 67 percent

Date 15 October 2009

Debt instruments have traditionally accounted for a substantial proportion of Dutch insurance companies’ investments.  At the end of the second quarter of 2009 they made up 67% of a total of EUR 144 billion (see chart).

This percentage has increased in recent years (having been no more than 54% at the beginning of 2007) but has stabilised since end-2008, notably because of falls in the price of debt instruments.  Considerable purchases of debt instruments in the second half of 2008 and the first half of 2009 only partially offset these declines. 

The geographical distribution of the issuers of the debt instruments has no more than marginally changed in recent years.  In 2009 insurance companies slightly increased the proportion of Dutch debt instruments in their investment portfolios.  The share of debt instruments issued by institutions and governments from other Economic and Monetary Union (EMU) countries remained proportionately stable at approximately half of the insurers’ holding of debt instruments.

Chart Debt instruments held by insurance companies