| Insurance In Emerging Markets, 2021 |
Ìý
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Direct premiums
written, 2021
( US$ millions) |
Percent change
from 2020 (1) |
Share of
world market |
Premiums as
a percent
of GDP (2) |
Premiums
per capita
($US) |
| Total industry |
|
|
|
|
|
| Advanced markets |
$5,564,319 |
8.7% |
81.1% |
9.7% |
$5,073 |
| Emerging markets |
1,296,279 |
10.9 |
18.9 |
3.0 |
191 |
| Total |
$6,860,598 |
9.1% |
100.0% |
7.0% |
$874 |
| Life |
|
|
|
|
|
| Advanced markets |
$2,323,195 |
6.6% |
77.5% |
4.0% |
$2,110 |
| Emerging markets |
674,374 |
9.1 |
22.5 |
1.6 |
100 |
| Total |
$2,997,569 |
7.2% |
100.0% |
3.0% |
$382 |
| Nonlife |
|
|
|
|
|
| Advanced markets |
$3,241,124 |
10.3% |
83.9% |
5.7% |
$2,963 |
| Emerging markets |
621,904 |
12.9 |
16.1 |
1.4 |
91 |
| Total |
$3,863,028 |
10.7% |
100.0% |
3.9% |
$492 |
(1) Inflation-adjusted.
(2) Gross domestic product.
Source: Swiss Re, sigma, No. 4/2022. |
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