| Insurance In Emerging Markets, 2023 |
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 |
|
|
|
|
|
| Advanced markets |
$5,841,092 |
6.2% |
81.3% |
9.5% |
$5,339 |
| Emerging markets |
1,345,082 |
5.5% |
18.7 |
3.3 |
195 |
| Total |
$7,186,174 |
6.1% |
100% |
7.0% |
$889 |
| Life |
|
|
|
|
|
| Advanced markets |
$2,185,584 |
3.2% |
75.7% |
3.6% |
$2,020 |
| Emerging markets |
703,414 |
6.1% |
24.3 |
1.7 |
103 |
| Total |
$2,888,998 |
3.9% |
100% |
2.9% |
$361 |
| Non-life |
|
|
|
|
|
| Advanced markets |
$3,655,508 |
8.1% |
85.1% |
5.9% |
$3,320 |
| Emerging markets |
641,668 |
4.9% |
14.9 |
1.6 |
93 |
| Total |
$4,297,176 |
7.6% |
100% |
4.2% |
$528 |
(1) Inflation-adjusted.
(2) Gross domestic product.
Source: Swiss Re Institute, sigma 3/2024. |
|