Sorry, you need to enable JavaScript to visit this website.

ÌìÃÀ´«Ã½

Current Table

Insurance In Emerging Markets, 2023

Ìý

Ìý Direct premiums
written, 2023
( US$ millions)
Percent change
from 2022 (1)
Share of
world market
Premiums as
a percent
of GDP (2)
Premiums
per capita
($US)
Total industry Ìý Ìý Ìý Ìý Ìý
Advanced marketsÌý $5,841,092 6.2% 81.3% 9.5% $5,339
Emerging markets 1,345,082 5.5% 18.7 3.3 195
ÌýÌýÌýÌý Total $7,186,174 6.1% 100% 7.0% $889
Life Ìý Ìý Ìý Ìý Ìý
Advanced marketsÌý $2,185,584 3.2% 75.7% 3.6% $2,020
Emerging markets 703,414 6.1% 24.3 1.7 103
ÌýÌýÌýÌý Total $2,888,998 3.9% 100% 2.9% $361
Non-life Ìý Ìý Ìý Ìý Ìý
Advanced marketsÌý $3,655,508 8.1% 85.1% 5.9% $3,320
Emerging markets 641,668 4.9% 14.9 1.6 93
ÌýÌýÌýÌý Total $4,297,176 7.6% 100% 4.2% $528

(1) Inflation-adjusted.
(2) Gross domestic product.

Source: Swiss Re Institute, sigma 3/2024.

 
INSURANCE IN EMERGING MARKETS, 2008
Ìý Direct
premiums
written
(U.S. $ millions)
Percent
change
from
2007 (1)
Share of
world
market
Premiums
as percent
of GDP
Premiums
per capita
Total industry Ìý Ìý Ìý Ìý Ìý
Industrialized countries $3,756,939 -3.4% 88.0% 8.8% $3,655.4
Emerging markets 512,799 11.1 12.0 2.7 89.4
World 4,269,737 -2.0 100.0 7.1 633.9
LifeÌý Ìý Ìý Ìý Ìý Ìý
Industrialized countries 2,218,523 -5.3 89.1 5.2 2,174.4
Emerging markets 271,898 14.6 10.9 1.4 47.4
World 2,490,421 -3.5 100.0 4.1 369.7
Nonlife Ìý Ìý Ìý Ìý Ìý
Industrialized countries 1,538,290 -1.9 86.5 3.6 1,481.0
Emerging markets 240,901 7.1 13.5 1.3 42.0
World 1,779,316 -0.8 100.0 3.0 264.2

(1) Inflation-adjusted.

Source: Swiss Re, sigma, No. 3/2008.

 
INSURANCE IN EMERGING MARKETS, 2009

($ millions)

Ìý Direct premiums written, 2009 Percent change from 2008 (1) Share of world market Premiums as percent of GDP Premiums per capita
Total industry Ìý Ìý Ìý Ìý Ìý
Industrialized countries $3,532,716 -1.8% 86.9% 8.6% $3,404.9
Emerging markets 533,379 3.5 13.1 2.9 91.5
World 4,066,095 -1.1 100.0 7.0 595.1
Life Ìý Ìý Ìý Ìý Ìý
Industrialized countries 2,046,957 -2.8 87.8 5.0 1,979.9
Emerging markets 284,609 4.2 12.2 1.5 48.8
World 2,331,566 -2.0 100.0 4.0 341.1
Nonlife Ìý Ìý Ìý Ìý Ìý
Industrialized countries 1,485,759 -0.6 85.7 3.6 1,424.9
Emerging markets 248,770 2.9 14.2 1.4 42.7
World 1,734,529 -0.1 100.0 3.0 253.9

(1) Inflation-adjusted.

Source: Swiss Re, sigma, No. 2/2010.

 
INSURANCE IN EMERGING MARKETS, 2009

($ millions)

Ìý Direct premiums written, 2009 Percent change from 2008 (1) Share of world market Premiums as percent of GDP Premiums per capita
Total industry Ìý Ìý Ìý Ìý Ìý
Industrialized countries $3,567,597 -0.9% 86.98% 8.68% $3,431.1
Emerging markets 534,062 3.9 13.02 8.85 91.7
World 4,101,658 -0.3 100.00 7.01 600.3
Life Ìý Ìý Ìý Ìý Ìý
Industrialized countries 2,075,290 -1.4 87.96 5.07 2,003.8
Emerging markets 284,057 4.6 12.04 1.52 48.7
World 2,359,346 -0.8 100.00 4.03 345.3
Nonlife Ìý Ìý Ìý Ìý Ìý
Industrialized countries 1,492,307 -0.1 85.65 3.10 1,427.3
Emerging markets 250,006 3.3 14.35 1.33 42.9
World 1,742,312 0.4 100.00 2.98 255.0

(1) Inflation-adjusted.

Source: Swiss Re, sigma, No. 2/2010, update December 2010.

 
INSURANCE IN EMERGING MARKETS, 2010

($ millions)

Ìý Direct premiums written, 2010 Percent change from 2009 (1) Share of world market Premiums as percent of GDP Premiums per capita
Total industry Ìý Ìý Ìý Ìý Ìý
Industrialized countries $3,688,758 1.4% 85.0% 8.7% $3,526.7
Emerging markets 650,206 11.0 15.0 3.0 110.1
World 4,338,964 2.7 100.0 6.9 627.3
Life Ìý Ìý Ìý Ìý Ìý
Industrialized countries 2,156,248 1.8 85.6 5.1 2,068.7
Emerging markets 363,824 13.1 14.4 1.7 61.6
World 2,520,072 3.2 100.0 4.0 364.3
Nonlife Ìý Ìý Ìý Ìý Ìý
Industrialized countries 1,532,510 1.0 84.3 3.6 1,458.0
Emerging markets 286,383 8.5 15.7 1.3 48.5
World 1,818,893 2.1 100.0 2.9 263.0

(1) Inflation-adjusted.

Source: Swiss Re, sigma, No. 2/2011.

 
INSURANCE IN EMERGING MARKETS, 2011

($ millions)

Ìý Direct premiums written, 2011 Percent change from 2010 (1) Share of world market Premiums as percent of GDP Premiums per capita
Total industry Ìý Ìý Ìý Ìý Ìý
Advanced marketsÌý $3,897,175 -1.1% 84.8% 8.6% $3,711.6
Emerging markets 699,512 1.3 15.2 2.7 117.8
World 4,596,687 -0.8 100.0 6.6 661.0
Life Ìý Ìý Ìý Ìý Ìý
Advanced marketsÌý 2,261,740 -2.3 86.1 5.0 2,168.1
Emerging markets 365,428 -5.1 13.9 1.4 61.5
World 2,627,168 -2.7 100.0 3.8 377.7
Nonlife Ìý Ìý Ìý Ìý Ìý
Advanced marketsÌý 1,635,435 0.5 83.1 3.6 1,543.5
Emerging markets 33,084 9.1 17.0 1.3 56.3
World 1,969,519 1.9 100.0 2.8 283.2

(1) Inflation-adjusted.

Source: Swiss Re, sigma, No. 3/2012.

 
INSURANCE IN EMERGING MARKETS, 2013

($ millions)

Ìý Direct premiums
written, 2013
Percent change
from 2012 (1)
Share of world
market
Premiums as a
percent of GDP
Premiums
per capita
Total industry Ìý Ìý Ìý Ìý Ìý
Advanced marketsÌý $3,853,267 0.3% 83.0% 8.3% $3,621
Emerging markets 787,674 7.4 17.0 2.7 129
World $4,640,941 1.4% 100.0% 6.3% $652
Life Ìý Ìý Ìý Ìý Ìý
Advanced marketsÌý $2,200,249 -0.2 84.4 4.7 $2,074
Emerging markets 407,842 6.4 15.6 1.4 67
World $2,608,091 0.7% 100.0% 3.5% $366
Nonlife Ìý Ìý Ìý Ìý Ìý
Advanced marketsÌý $1,653,018 1.1 81.3 3.5 $1,547
Emerging markets 379,832 8.3 18.7 1.3 62
World $2,032,850 2.3% 100.0% 2.8% $286

(1) Inflation-adjusted.

Source: Swiss Re, sigma, No. 3/2014.

 
INSURANCE IN EMERGING MARKETS, 2014

($ millions)

Ìý Direct premiums
written, 2014
Percent change
from 2013 (1)
Share of world
market
Premiums as a
percent of GDP (2)
Premiums
per capita
Total industry Ìý Ìý Ìý Ìý Ìý
Advanced markets $3,939,311 2.9% 82.4% 8.2% $3,666
Emerging markets 838,936 7.4 17.6 2.7 136
World $4,778,248 3.7% 100.0% 6.2% $662
Life Ìý Ìý Ìý Ìý Ìý
Advanced markets 2,232,524 3.8 84.1 4.7 2,090
Emerging markets 422,025 6.9 15.9 1.4 68
World $2,654,549 4.3% 100.0% 3.4% $368
Nonlife Ìý Ìý Ìý Ìý Ìý
Advanced markets 1,706,787 1.8 80.4 3.5 1,576
Emerging markets 416,912 8.0 19.6 1.4 67
World $2,123,699 2.9% 100.0% 2.7% $294

(1) Inflation-adjusted.
(2) Gross domestic product.

Source: Swiss Re, sigma, No. 4/2015.

 
Insurance In Emerging Markets, 2015

Ìý

Ìý Direct premiums
written, 2015 (1)
Percent change
from 2014 (2)
Share of world
market
Premiums as a
percent of GDP (3)
Premiums
per capita
Total industry Ìý Ìý Ìý Ìý Ìý
Advanced marketsÌý $3,704,063 2.5% 81.34% 8.12% $3,440
Emerging markets 849,723 9.8 18.66 2.92 135
ÌýÌý Total $4,553,785 3.8% 100.00% 6.23% $621
Life Ìý Ìý Ìý Ìý Ìý
Advanced marketsÌý 2,089,765 2.5 82.47 4.61 1,954
Emerging markets 444,052 11.7 17.53 1.52 71
ÌýÌý Total $2,533,818 4.0% 100.00% 3.47% $346
Nonlife Ìý Ìý Ìý Ìý Ìý
Advanced marketsÌý 1,614,298 2.6 79.92 3.51 1,486
Emerging markets 405,670 7.8 20.08 1.39 64
ÌýÌý Total $2,019,967 3.6% 100.00% 2.77% $276

(1) Expressed in millions of U.S. dollars.
(2) Inflation-adjusted.
(3) Gross domestic product.

Source: Swiss Re, sigma, No. 3/2016.

 
Insurance In Emerging Markets, 2016

Ìý

Ìý Direct premiums
written, 2016 (1)
Percent change
from 2015 (2)
Share of world
market
Premiums as a
percent of GDP (3)
Premiums
per capita
Total industry Ìý Ìý Ìý Ìý Ìý
Advanced marketsÌý $3,798,652 0.7% 80.3% 8.0% $3,505
Emerging markets 933,536 13.5 19.7 3.2 $149
ÌýÌý Total $4,732,188 3.1% 100.0% 6.3% $638
Life Ìý Ìý Ìý Ìý Ìý
Advanced marketsÌý 2,110,534 -0.5 80.6 4.5 1,954
Emerging markets 506,482 16.9 19.4 1.7 $80
ÌýÌý Total $2,617,016 2.5% 100.0% 3.5% $353
Nonlife Ìý Ìý Ìý Ìý Ìý
Advanced marketsÌý 1,688,119 2.3 79.8 3.6 1,550
Emerging markets 427,054 9.6 20.2 1.5 $69
ÌýÌý Total $2,115,172 3.7% 100.0% 2.8% $285

(1) Expressed in millions of U.S. dollars.
(2) Inflation-adjusted.
(3) Gross Domestic Product.

Source: Swiss Re, sigma, No. 3/2017.

 
Insurance In Emerging Markets, 2017

Ìý

Ìý Direct premiums
written, 2017 (1)
Percent change
from 2016 (2)
Share of world
market
Premiums as a
percent of GDP (3)
Premiums
per capita
(US $)
Total industry Ìý Ìý Ìý Ìý Ìý
Advanced marketsÌý $3,819,644 -0.6% 78.1% 7.8% $3,517
Emerging markets 1,072,050 10.3 21.9 3.3 166
ÌýÌýÌýÌý Total $4,891,694 1.5% 100.0% 6.1% $650
Life Ìý Ìý Ìý Ìý Ìý
Advanced marketsÌý $2,059,481 –2.7%Ìý 77.5% 4.2% $1,899
Emerging markets 597,790 13.8 22.5 1.9 92
ÌýÌýÌýÌý Total $2,657,270 0.5% 100.0% 3.3% $353
Nonlife Ìý Ìý Ìý Ìý Ìý
Advanced marketsÌý $1,760,163 1.9% 78.8% 3.6% $1,618
Emerging markets 474,261 6.1 21.2 1.5 73
ÌýÌý Total $2,234,424 2.8% 100.0% 2.8% $297

(1) Expressed in millions of U.S. dollars.
(2) Inflation-adjusted.
(3) Gross Domestic Product.

Source: Swiss Re, sigma, No. 3/2018.

 
Insurance In Emerging Markets, 2018

Ìý

Ìý Direct premiums
written, 2018 (1)
Percent change
from 2017 (2)
Share of world
market
Premiums as a
percent of GDP (3)
Premiums
per capita
Total industry Ìý Ìý Ìý Ìý Ìý
Advanced marketsÌý $4,086,137 1.3% 78.68% 7.81% $3,737
Emerging markets 1,107,088 2.1 21.32 3.18 169
ÌýÌýÌýÌý Total $5,193,225 1.5% 100.00% 6.09% $682
Life Ìý Ìý Ìý Ìý Ìý
Advanced marketsÌý $2,231,352 0.8% 79.12% 4.27% $2,042
Emerging markets 588,822 -2.0 20.90 1.69 90
ÌýÌýÌýÌý Total $2,820,175 0.2% 100.00% 3.31% $370
Nonlife Ìý Ìý Ìý Ìý Ìý
Advanced marketsÌý $1,854,785 1.9% 78.16% 3.54% $1,694
Emerging markets 518266 7.1 21.84 1.49 79
ÌýÌýÌýÌý Total $2,373,050 3.0% 100.00% 2.78% $312

(1) Expressed in millions of U.S. dollars.
(2) Inflation-adjusted.
(3) Gross domestic product.

Source: Swiss Re, sigma, No. 3/2019.

 
Insurance In Emerging Markets, 2019

Ìý

Ìý Direct premiums
written, 2019 (1)
Percent change
from 2018 (2)
Share of world
market
Premiums as a
percent of GDP (3)
Premiums
per capita (US$)
Total industry Ìý Ìý Ìý Ìý Ìý
Advanced marketsÌý $5,130,924 2.1% 81.54% 9.63% $4,664
Emerging markets 1,161,675 6.6 18.46 3.25 175
ÌýÌýÌýÌý Total $6,292,600 2.9% 100.00% 7.23% $818
Life Ìý Ìý Ìý Ìý Ìý
Advanced marketsÌý $2,298,700 1.3% 78.82% 4.25% $2,056
Emerging markets 617,566 5.6 21.18 1.73 93
ÌýÌýÌýÌý Total $2,916,267 2.2% 100.00% 3.35% $379
Nonlife Ìý Ìý Ìý Ìý Ìý
Advanced marketsÌý $2,832,224 2.7% 83.88% 5.39% $2,608
Emerging markets 544,109 7.7 16.12 1.52 82
ÌýÌýÌýÌý Total $3,376,333 3.5% 100.00% 3.88% $439

(1) Expressed in millions of U.S. dollars.
(2) Inflation-adjusted.
(3) Gross domestic product.

Source: Swiss Re, sigma, No. 4/2020.

 
Insurance In Emerging Markets, 2020

Ìý

Ìý Direct premiums
written, 2020
( US$ millions)
Percent change
from 2019 (1)
Share of
world market
Premiums as
a percent
of GDP (2)
Premiums
per capita
($US)
Total industry Ìý Ìý Ìý Ìý Ìý
Advanced marketsÌý $5,118,118 -1.8% 81.4% 9.9% $4,695
Emerging markets 1,168,926 0.8 18.6 3.4 174
ÌýÌýÌýÌý Total $6,287,044 -1.3% 100.0% 7.4% $809
Life Ìý Ìý Ìý Ìý Ìý
Advanced marketsÌý $2,179,260 -5.7% 77.9% 4.2% $1,994
Emerging markets 618,177 0.3 22.1 1.8 92
ÌýÌýÌýÌý Total $2,797,436 4.4% 100.0% 3.3% $360
Nonlife Ìý Ìý Ìý Ìý Ìý
Advanced marketsÌý $2,938,858 1.5% 84.2% 5.7% $2,700
Emerging markets 550,749 1.3 15.8 1.6 82
ÌýÌýÌýÌý Total $3,489,608 1.5% 100.0% 4.1% $449

(1) Inflation-adjusted.
(2) Gross domestic product.

Source: Swiss Re, sigma, No. 3/2021.

 
Insurance In Emerging Markets, 2021

Ìý

Ìý Direct premiums
written, 2021
( US$ millions)
Percent change
from 2020 (1)
Share of
world market
Premiums as
a percent
of GDP (2)
Premiums
per capita
($US)
Total industry Ìý Ìý Ìý Ìý Ìý
Advanced marketsÌý $5,564,319 8.7% 81.1% 9.7% $5,073
Emerging markets 1,296,279 10.9 18.9 3.0 191
ÌýÌýÌýÌý Total $6,860,598 9.1% 100.0% 7.0% $874
Life Ìý Ìý Ìý Ìý Ìý
Advanced marketsÌý $2,323,195 6.6% 77.5% 4.0% $2,110
Emerging markets 674,374 9.1 22.5 1.6 100
ÌýÌýÌýÌý Total $2,997,569 7.2% 100.0% 3.0% $382
Nonlife Ìý Ìý Ìý Ìý Ìý
Advanced markets $3,241,124 10.3% 83.9% 5.7% $2,963
Emerging markets 621,904 12.9 16.1 1.4 91
ÌýÌýÌýÌý Total $3,863,028 10.7% 100.0% 3.9% $492

(1) Inflation-adjusted.
(2) Gross domestic product.

Source: Swiss Re, sigma, No. 4/2022.

 
Insurance In Emerging Markets, 2022

Ìý

Ìý Direct premiums
written, 2022
( US$ millions)
Percent change
from 2021 (1)
Share of
world market
Premiums as
a percent
of GDP (2)
Premiums
per capita
($US)
Total industry Ìý Ìý Ìý Ìý Ìý
Advanced marketsÌý $5,496,878 -0.2% 81% 9.5% $5,035
Emerging markets 1,285,367Ìý 2.2% 19 3.0 187
ÌýÌýÌýÌý Total 6,782,245Ìý 0.3% 100% 6.8% $853
Life Ìý Ìý Ìý Ìý Ìý
Advanced marketsÌý Ìý2,140,475Ìý -5.9% 76.1% 3.7% $1,973
Emerging markets 672,557Ìý 0.9% 23.9 1.6 98
ÌýÌýÌýÌý Total 2,813,032Ìý -4.3% 100% 2.8% $354
Non-life Ìý Ìý Ìý Ìý Ìý
Advanced marketsÌý Ìý3,356,403Ìý 3.8% 84.6% 5.8% $3,061
Emerging markets 612,800Ìý 3.6% 15.4 1.4 89
ÌýÌýÌýÌý Total 3,969,203Ìý 3.8% 100% 4.0% $499

(1) Inflation-adjusted.
(2) Gross domestic product.

Source: Swiss Re, sigma, No. 4/2022.