Top 10 Countries By Life And Nonlife Direct Premiums Written, 2018 (1) |
(US$ millions)
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Total premiums |
Rank |
Country |
Life premiums |
Nonlife premiums (2) |
Amount |
Percent change
from prior year |
Percent of total
world premiums |
1 |
United States (3), (4) |
$593,391 |
$875,984 |
$1,469,375 |
5.0% |
28.29% |
2 |
PR China (4) |
313,365 |
261,512 |
574,877 |
6.2 |
11.07 |
3 |
Japan (4), (5) |
334,243 |
106,405 |
440,648 |
3.8 |
8.49 |
4 |
United Kingdom (4) |
235,501 |
101,009 |
336,510 |
5.2 |
6.48 |
5 |
France (4) |
165,075 |
92,888 |
257,963 |
5.6 |
4.97 |
6 |
Germany (4) |
96,439 |
145,046 |
241,485 |
6.3 |
4.65 |
7 |
South Korea (5) |
98,072 |
80,951 |
179,024 |
-1.2 |
3.45 |
8 |
Italy |
125,341 |
44,933 |
170,273 |
6.9 |
3.28 |
9 |
Canada (4), (6) |
54,070 |
73,833 |
121,181 |
5.5 |
2.46 |
10 |
Taiwan |
102,044 |
19,864 |
121,908 |
3.8 |
2.35 |
(1) Before reinsurance transactions.
(2) Includes accident and health insurance.
(3) Nonlife premiums include state funds; life premiums are net premiums and include an estimate of group pension business.
(4) Estimated or provisional.
(5) Financial year April 1, 2018 – March 31, 2019.
(6) Nonlife premiums are gross premiums, including reinsurance.
Source: Swiss Re, sigma, No. 3/2019. |
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