| Top 10 Countries By Life And Nonlife Direct Premiums Written, 2020 (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), (5) |
$632,687 |
$1,897,883 |
$2,530,570 |
1.8% |
40.3% |
| 2 |
PR China |
347,545 |
308,330 |
655,874 |
6.2 |
10.4 |
| 3 |
Japan (5), (6) |
294,497 |
120,308 |
414,805 |
-3.0 |
6.6 |
| 4 |
United Kingdom (5) |
238,890 |
99,430 |
338,321 |
-7.1 |
5.4 |
| 5 |
Germany (5) |
106,571 |
151,995 |
258,566 |
3.8 |
4.1 |
| 6 |
France (5) |
136,611 |
94,736 |
231,347 |
-11.2 |
3.7 |
| 7 |
South Korea (5),(6) |
106,143 |
87,565 |
193,709 |
8.2 |
3.1 |
| 8 |
Italy (5) |
118,612 |
43,361 |
161,973 |
-3.5 |
2.6 |
| 9 |
Canada (5), (7) |
58,234 |
85,234 |
143,468 |
6.4 |
2.3 |
| 10 |
Taiwan |
91,155 |
22,150 |
113,304 |
-3.8 |
1.8 |
(1) Before reinsurance transactions.
(2) Includes accident and health insurance.
(3) Nonlife premiums include private medical insurance.
(4) Nonlife premiums include state funds; life premiums are net premiums and are supplemented by estimated premiums for group pension business.
(5) Estimated or provisional.
(6) Financial year April 1, 2020 – March 31, 2021.
(7) Life premiums are net premiums.
Source: Swiss Re, sigma, No.3/2021. |
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