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INSURANCE IN EMERGING MARKETS, 2014

($ millions)

  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          
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          
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          
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.