| Top 10 Countries By Life And Nonlife Direct Premiums Written, 2022 (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) |
$672,006 |
$2,287,801 |
$2,959,807 |
8.6% |
43.7% |
| 2 |
PR China |
364,359 |
333,448 |
697,807 |
0.2 |
10.3 |
| 3 |
United Kingdom (5) |
248,240 |
114,769 |
363,009 |
-2.8 |
5.4 |
| 4 |
Japan (5), (6) |
243,892 |
93,920 |
337,812 |
-15.1 |
5.0 |
| 5 |
France (5) |
157,179 |
104,075 |
261,254 |
-10.7 |
3.9 |
| 6 |
Germany (5) |
99,164 |
142,469 |
241,633 |
-11.3 |
3.6 |
| 7 |
South Korea (5), (6) |
88,026 |
94,820 |
182,846 |
-5.3 |
2.7 |
| 8 |
Canada (5), (7) |
71,639 |
99,332 |
170,971 |
2.8 |
2.5 |
| 9 |
Italy (5) |
115,938 |
44,229 |
160,167 |
-16.5 |
2.4 |
| 10 |
India (5) (6) |
99,503 |
31,538 |
131,041 |
6.5 |
1.9 |
(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, 2022 – March 31, 2023.
(7) Life premiums are net premiums.
Source: Swiss Re, sigma, No. 3/2023. |
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