| Insurance In Emerging Markets, 2020 |
Ìý
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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 |
|
|
|
|
|
| Advanced markets |
$5,118,118 |
-1.8% |
81.4% |
9.9% |
$4,695 |
| Emerging markets |
1,168,926 |
0.8 |
18.6 |
3.4 |
174 |
| Total |
$6,287,044 |
-1.3% |
100.0% |
7.4% |
$809 |
| Life |
|
|
|
|
|
| Advanced markets |
$2,179,260 |
-5.7% |
77.9% |
4.2% |
$1,994 |
| Emerging markets |
618,177 |
0.3 |
22.1 |
1.8 |
92 |
| Total |
$2,797,436 |
4.4% |
100.0% |
3.3% |
$360 |
| Nonlife |
|
|
|
|
|
| Advanced markets |
$2,938,858 |
1.5% |
84.2% |
5.7% |
$2,700 |
| Emerging markets |
550,749 |
1.3 |
15.8 |
1.6 |
82 |
| 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. |
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