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Insurance In Emerging Markets, 2019

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  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          
Advanced markets  $5,130,924 2.1% 81.54% 9.63% $4,664
Emerging markets 1,161,675 6.6 18.46 3.25 175
     Total $6,292,600 2.9% 100.00% 7.23% $818
Life          
Advanced markets  $2,298,700 1.3% 78.82% 4.25% $2,056
Emerging markets 617,566 5.6 21.18 1.73 93
     Total $2,916,267 2.2% 100.00% 3.35% $379
Nonlife          
Advanced markets  $2,832,224 2.7% 83.88% 5.39% $2,608
Emerging markets 544,109 7.7 16.12 1.52 82
     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.