Current Table

Life And Nonlife Insurance Direct Premiums Written By Country, 2022 (1)

(US$ millions)

      Total premiums
Country Nonlife premiums (2) Life premiums Amount Percent of total
world premiums
Algeria $1,096 $114 1,210  0.02%
Argentina  11,496 1,315 12,811  0.19
Australia  55,952 15,852 71,805  1.06
Austria  14,787 5,659 20,447  0.30
Bahamas 864 253 1,117  0.02
Bangladesh  645 153 799  0.01
Belgium  457 1,604 2,061  0.03
Brazil  19,096 17,110 36,206  0.53
Bulgaria  36,166 39,709 75,876  1.12
Canada  1,655 260 1,915  0.03
Cayman Islands  99,332 71,639 170,972  2.52
Chile  1,320 112 1,431  0.02
Colombia  5,598 5,925 11,523  0.17
Costa Rica  6,985 3,097 10,082  0.15
Croatia  1,290 253 1,543  0.02
Czech Republic  1,373 398 1,771  0.03
Denmark 561 532 1,093  0.02
Dominican Republic  6,241 2,300 8,541  0.13
Ecuador  10,552 32,652 43,204  0.64
Egypt  1,518 271 1,789  0.03
El Salvador  1,789 676 2,465  0.04
Finland  1,511 1,671 3,182  0.05
France  512 337 849  0.01
Germany  5,210 22,798 28,007  0.41
Greece  104,075 157,179 261,264  3.85
Guatemala  142,469 99,164 241,633  3.56
Hong Kong  2,682 2,558 5,240  0.08
Hungary  1,153 344 1,497  0.02
India   8,648 60,119 68,767  1.01
Indonesia  2,192 1,609 3,802  0.06
Iran   31,538 99,503 131,041  1.93
Ireland  7,120 11,751 18,870  0.28
Israel 3,518 739 4,257  0.06
Italy 8,945 18,687 27,632  0.41
Ivory Coast  10,763 11,198 21,962  0.32
Jamaica  44,229 115,938 160,168  2.36
Japan  442 373 815  0.01
Jordan  623 425 1,048  0.02
Kazakhstan  93,920 243,892 337,812  4.98
Kenya  814 180 994  0.0
Kuwait  1,158 606 1,763  0.03
Laos  1,404 1,195 2,599  0.04
Lebanon  1,531 167 1,698  0.03
Liechtenstein  1,631 418 2,048  0.03
Luxembourg  4,010 2,096 6,106  0.09
Macao  16,108 24,260 40,369  0.60
Malaysia  387 4,204 4,591  0.07
Malta  5,408 14,707 20,115  0.30
Mexico  3,528 855 4,383  0.06
Morocco  18,743 15,146 33,888  0.50
Namibia  2,814 2,422 5,236  0.08
Netherlands  249 740 988  0.01
New Zealand  72,225 11,649 83,875  1.24
Nigeria  7,153 1,913 9,067  0.13
Norway  910 775 1,685  0.02
Oman  10,353 14,708 25,060  0.37
Pakistan 1,183 161 1,244  0.02
Panama  892 1,829 2,721  0.04
Peru 1,283 419 1,702  0.03
Philippines 2,348 2,539 4,887  0.07
Poland  2,340 5,378 7,718  0.11
Portugal  12,341 3,146 15,487  0.23
PR China 6,360 6,342 12,702  0.19
Qatar  333,448 364,359 697,806  10.29
Romania 1,713 49 1,762  0.03
Russia  3,151 512 3,662  0.05
Saudi Arabia 12,557 6,788 19,345  0.29
Serbia  13,729 500 14,228  0.21
Singapore 964 237 1,200  0.02
Slovakia  11,678 35,305 46,984  0.69
Slovenia  1,250 722 1,972  0.03
South Africa  2,137 811 2,948  0.04
South Korea  8,968 36,863 45,831  0.68
Spain  94,820 88,026 182,846  2.70
Sri Lanka  39,624 28,613 68,237  1.01
Sweden  10,248 44,116 54,363  0.80
Switzerland  32,024 24,057 56,082  0.83
Taiwan  23,761 62,714 86,475  1.28
Thailand  11,397 13,830 25,227  0.37
Trinidad and Tobago  886 745 1,630  0.02
Tunisia  745 261 1,006  0.01
Turkey 11,352 1,820 13,172  0.19
Ukraine  1,075 150 1,225  0.02
United Arab Emirates   10,497 2,758 13,255  0.20
United Kingdom  114,769 248,240 363,009  5.35
United States  2,287,801 672,006 2,959,808  43.64
Uruguay  509 956 1,466  0.02
Vietnam  3,028 8,258 11,286  0.17
Other countries 13,576 6,312 19,888 0.29
World (3) $3,969,203 $2,813,032 6,782,235  100.00%

(1) Before reinsurance transactions. For more information on country data see www.swissre.com.
(2) Includes accident and health insurance.
(3) Totals may not add up due to rounding.

Source: Swiss Re, sigma, No. 3/2023.

 
LIFE AND NONLIFE INSURANCE PREMIUMS, 2008

(Direct premiums written, U.S. $ millions)

      Total premiums
Country Nonlife
premiums (1)
Life
premiums
Amount  Percent of total 
world premiums
Algeria $948 $83 $1,031 0.02%
Argentina 6,476 1,920 8,396 0.20
Australia (2) 28,254 42,697 70,951 1.66
Austria 13,095 10,831 23,925 0.56
Bahamas 571 199 770 0.02
Bahrain 322 129 451 0.01
Bangladesh 180 537 717 0.02
Belgium 16,358 32,718 49,077 1.15
Brazil 25,074 22,419 47,493 1.11
Bulgaria 1,169 185 1,354 0.03
Canada (3) 57,319 47,855 105,174 2.46
Chile 2,325 3,457 5,783 0.14
China, PR 44,987 95,831 140,818 3.30
Colombia 2,695 1,411 4,106 0.10
Costa Rica 501 50 550 0.01
Croatia 1,445 515 1,960 0.05
Cyprus 528 492 1,020 0.02
Czech Republic 4,854 3,314 8,168 0.19
Denmark 11,367 20,091 31,457 0.74
Dominican Republic 529 107 636 0.01
Ecuador 743 141 884 0.02
Egypt (4) 754 635 1,389 0.03
El Salvador 294 145 439 0.01
Estonia 398 120 518 0.01
Finland 4,804 18,532 23,336 0.55
France 91,861 181,146 273,007 6.39
Germany 131,807 111,278 243,085 5.69
Greece 3,224 3,450 6,673 0.16
Hong Kong 2,772 21,324 24,096 0.56
Hungary 2,360 2,669 5,028 0.12
Iceland 440 39 479 0.01
India (5) 7,329 48,860 56,190 1.32
Indonesia 2,199 4,704 6,903 0.16
Iran (6) 3,957 286 4,243 0.10
Ireland 10,863 34,055 44,918 1.05
Israel 5,381 5,442 10,823 0.25
Italy 58,066 82,623 140,689 3.30
Jamaica 393 155 548 0.01
Japan (5) 106,085 367,112 473,197 11.08
Jordan 401 51 452 0.01
Kazakhstan 1,061 48 1,109 0.03
Kenya 576 317 893 0.02
Kuwait 703 211 914 0.02
Latvia 660 40 700 0.02
Lebanon 590 290 881 0.02
Liechtenstein 298 5,181 5,479 0.13
Luxembourg 3,318 16,001 19,319 0.45
Malaysia (5) 3,230 6,105 9,335 0.22
Malta 789 378 1,167 0.03
Mauritius 161 320 481 0.01
Mexico 10,695 8,328 19,023 0.45
Morocco 1,692 846 2,538 0.06
Netherlands (7) 73,712 38,899 112,611 2.64
New Zealand 5,547 1,067 6,613 0.15
Nigeria 1,045 193 1,237 0.03
Norway 8,771 11,711 20,481 0.48
Oman 470 109 578 0.01
Pakistan 661 472 1,133 0.03
Panama 552 222 774 0.02
Peru 854 626 1,481 0.03
Philippines 850 1,449 2,299 0.05
Poland 9,933 14,469 24,403 0.57
Portugal 6,423 16,282 22,704 0.53
Romania 2,824 699 3,523 0.08
Russia 38,013 765 38,778 0.91
Saudi Arabia 2,912 158 3,070 0.07
Serbia 823 114 937 0.02
Singapore 5,083 11,445 16,528 0.39
Slovakia 1,566 1,374 2,940 0.07
Slovenia 2,025 946 2,971 0.07
South Africa (3) 7,990 34,525 42,515 1.00
South Korea (5) 30,606 66,417 97,023 2.27
Spain 47,905 39,133 87,038 2.04
Sri Lanka 374 249 623 0.01
Sweden  10,530 25,903 36,432 0.85
Switzerland 21,596 27,122 48,718 1.14
Taiwan 11,517 52,748 64,265 1.51
Thailand 4,173 4,966 9,138 0.21
Trinidad and Tobago 441 936 1,377 0.03
Tunisia 692 89 781 0.02
Turkey 7,682 1,126 8,807 0.21
Ukraine 4,112 187 4,299 0.10
United Arab Emirates (7) 4,079 937 5,016 0.12
United Kingdom 107,393 342,759 450,152 10.54
United States (8) 662,432 578,211 1,240,643 29.06
Uruguay 409 105 513 0.01
Venezuela 9,785 274 10,060 0.24
Vietnam 629 660 1,289 0.03

(1) Includes accident and health insurance.
(2) Nonlife insurance: July 1, 2007-June 30, 2008.
(3) Life business expressed in net premiums.
(4) July 1, 2007-June 30, 2008.
(5) April 1, 2008-March 31, 2009.
(6) March 21, 2008-March 20, 2009.
(7) Nonlife insurance is gross premiums including a small amount of reinsurance premiums.
(8) Life premiums include an estimate of group pension premiums. Nonlife insurance includes state funds.

Source: Swiss Re, sigma, No. 3, 2009.

 
LIFE AND NONLIFE INSURANCE PREMIUMS, 2009 (1)

(Direct premiums written, U.S. $ millions)

      Total premiums
Country Nonlife
premiums (2)
Life
premiums
Amount  Percent of total 
world premiums
Algeria $734 $63 $797 0.02%
Angola 521 34 555 0.01
Argentina 6,549 1,434 7,983 0.20
Australia 27,849 32,468 60,317 1.48
Austria 12,602 10,331 22,933 0.56
Bahamas 555 193 747 0.02
Bahrain 357 137 494 0.01
Bangladesh 205 636 841 0.02
Belgium 15,054 25,416 40,470 1.00
Brazil 23,979 24,781 48,760 1.20
Bulgaria 1,053 142 1,195 0.03
Canada 55,183 43,656 98,840 2.43
Chile 2,776 4,118 6,894 0.17
China (3) 53,872 109,175 163,047 4.01
Colombia 3,624 1,683 5,307 0.13
Costa Rica 571 52 624 0.02
Croatia 1,310 471 1,781 0.04
Cyprus 599 446 1,045 0.03
Czech Republic 4,226 3,102 7,328 0.18
Denmark 10,766 21,032 31,798 0.78
Dominican Republic 545 99 644 0.02
Ecuador 786 157 943 0.02
Egypt 861 704 1,565 0.04
Finland 4,655 18,005 22,660 0.56
France 88,993 194,077 283,070 6.96
Germany 126,591 111,775 238,366 5.86
Greece 3,146 3,409 6,556 0.16
Hong Kong 2,931 20,269 23,201 0.57
Hungary 1,957 2,029 3,986 0.10
India 7,970 57,114 65,085 1.60
Indonesia 2,219 5,066 7,285 0.18
Iran 4,091 225 4,316 0.11
Ireland 9,153 35,445 44,598 1.10
Israel 4,852 4,924 9,777 0.24
Italy 54,070 115,290 169,360 4.17
Jamaica 281 228 510 0.01
Japan (4) 106,856 399,100 505,956 12.44
Jordan 460 49 510 0.01
Kazakhstan 705 63 768 0.02
Kenya 516 284 800 0.02
Kuwait 369 88 457 0.01
Lebanon 720 232 952 0.02
Liechtenstein 445 7,777 8,222 0.20
Lithuania 384 158 543 0.01
Luxembourg 3,098 24,616 27,714 0.68
Malaysia 3,158 5,682 8,840 0.22
Malta 921 305 1,226 0.03
Mauritius 154 297 451 0.01
Mexico 9,664 7,688 17,353 0.43
Morocco 1,758 825 2,583 0.06
Namibia 181 480 660 0.02
Netherlands (5) 74,385 33,758 108,144 2.66
New Zealand 5,622 1,064 6,685 0.16
Nigeria 787 147 934 0.02
Norway 8,041 9,983 18,024 0.44
Oman 525 102 627 0.02
Pakistan 650 543 1,193 0.03
Panama 608 239 847 0.02
Peru 1,042 682 1,724 0.04
Philippines 835 1,563 2,399 0.06
Poland 7,997 8,289 16,286 0.40
Portugal 5,781 14,531 20,312 0.50
Qatar 773   773 0.02
Romania 2,365 533 2,898 0.07
Russia 38,940 636 39,576 0.97
Saudi Arabia 3,629 267 3,896 0.10
Serbia 684 108 792 0.02
Singapore 5,188 9,057 14,245 0.35
Slovakia 1,490 1,304 2,794 0.07
Slovenia 2,016 879 2,895 0.07
South Africa 8,215 28,773 36,987 0.91
South Korea 34,527 57,436 91,963 2.26
Spain 43,589 39,186 82,775 2.04
Sri Lanka 358 238 596 0.01
Sweden 7,863 24,904 32,768 0.81
Switzerland 22,091 26,379 48,470 1.19
Taiwan 11,443 52,204 63,647 1.57
Thailand 4,248 6,212 10,460 0.26
Trinidad and Tobago 364 995 1,359 0.03
Tunisia 658 100 758 0.02
Turkey 6,704 1,148 7,853 0.19
Ukraine 2,518 106 2,624 0.06
United Arab Emirates 4,381 732 5,113 0.13
United Kingdom 91,560 217,681 309,241 7.61
United States (5) 647,401 492,345 1,139,746 28.03
Uruguay 413 106 518 0.01
Venezuela 13,504 501 14,005 0.34
Vietnam 769 671 1,440 0.04
World $1,734,529 $2,331,566 $4,066,095 100.00%

(1) Before reinsurance transactions.
(2) Includes accident and health insurance.
(3) Life premiums are net premiums.
(4) April 1, 2009-March 31, 2010.
(5) Nonlife premiums include state funds; life premiums include an estimate of group pension business.

Source: Swiss Re, sigma, No. 2/2010. Data in this chart and the Country Profiles section are as of May, 2010 and do not reflect subsequent revisions.

 
LIFE AND NONLIFE INSURANCE PREMIUMS, 2010

(Direct premiums written, U.S. $ millions)

      Total premiums
Country Nonlife
premiums (1)
Life
premiums
Amount  Percent of total 
world premiums
Algeria $1,075 $87 $1,162 0.03%
Argentina 8,165 1,947 10,112 0.23
Australia 34,528 38,045 72,572 1.67
Austria 12,212 10,020 22,232 0.51
Bahamas 542 188 730 0.02
Bahrain 433 173 606 0.01
Bangladesh 234 723 957 0.02
Belgium 13,723 27,380 41,104 0.95
Brazil 30,847 33,246 64,093 1.48
Bulgaria 1,012 138 1,150 0.03
Canada  63,947 51,574 115,521 2.66
Chile 3,272 5,015 8,287 0.19
Colombia 4,523 1,935 6,458 0.15
Costa Rica 644 65 709 0.02
Croatia 1,235 447 1,682 0.04
Cyprus 582 499 1,081 0.02
Czech Republic 4,220 3,694 7,914 0.18
Denmark 10,443 19,006 29,449 0.68
Dominican Republic 601 109 710 0.02
Ecuador 926 181 1,108 0.03
Egypt  938 647 1,585 0.04
El Salvador 364 188 552 0.01
Finland 4,599 17,826 22,426 0.52
France 87,654 192,428 280,082 6.46
Germany 124,949 114,868 239,817 5.53
Greece 2,922 3,166 6,088 0.14
Hong Kong 3,101 22,624 25,725 0.59
Hungary 1,861 2,137 3,999 0.09
India  10,562 67,810 78,373 1.81
Indonesia 3,461 7,202 10,662 0.25
Iran  4,736 351 5,087 0.12
Ireland 8,606 39,296 47,901 1.10
Israel 5,593 5,582 11,175 0.26
Italy 52,285 122,063 174,347 4.02
Jamaica 314 252 566 0.01
Japan  116,489 440,950 557,439 12.85
Jordan 526 51 577 0.01
Kazakhstan 823 127 950 0.02
Kenya 595 295 889 0.02
Kuwait 569 149 719 0.02
Lebanon 812 262 1,074 0.02
Liechtenstein 493 8,497 8,990 0.21
Lithuania 388 207 595 0.01
Luxembourg 3,100 29,911 33,011 0.76
Macao 129 384 514 0.01
Malaysia  3,868 7,910 11,779 0.27
Malta 1,009 456 1,465 0.03
Mexico 10,250 8,945 19,196 0.44
Morocco 1,764 827 2,592 0.06
Namibia 277 610 887 0.02
Netherlands 71,954 25,102 97,057 2.24
New Zealand  6,998 1,339 8,336 0.19
Nigeria 1,008 188 1,196 0.03
Norway 8,644 11,137 19,780 0.46
Oman 629 129 758 0.02
Pakistan 544 587 1,130 0.03
Panama 686 233 919 0.02
Peru 1,201 1,118 2,320 0.05
Philippines 790 1,344 2,134 0.05
Poland 8,786 8,977 17,763 0.41
Portugal 5,580 16,199 21,780 0.50
PR China 71,628 142,999 214,626 4.95
Qatar 933 NA 933 0.02
Romania 2,117 515 2,632 0.06
Russia 40,742 901 41,644 0.96
Saudi Arabia 4,342 340 4,682 0.11
Serbia 616 111 727 0.02
Singapore 7,155 10,183 17,338 0.40
Slovakia 1,361 1,247 2,608 0.06
Slovenia 1,906 870 2,775 0.06
South Africa  10,111 43,186 53,297 1.23
South Korea 43,291 71,131 114,422 2.64
Spain 41,408 34,674 76,082 1.75
Sri Lanka 420 279 699 0.02
Sweden  8,806 29,411 38,218 0.88
Switzerland 23,310 28,809 52,118 1.20
Taiwan 12,505 63,920 76,425 1.76
Thailand 5,285 8,313 13,598 0.31
Trinidad and Tobago 587 246 833 0.02
Tunisia 673 102 776 0.02
Turkey 7,786 1,434 9,220 0.21
Ukraine 2,361 102 2,463 0.06
United Arab Emirates  4,939 936 5,875 0.14
United Kingdom 96,191 213,831 310,022 7.15
United States  659,915 506,228 1,166,142 26.88
Uruguay 576 157 733 0.02
Venezuela 7,851 328 8,179 0.19
Vietnam 916 741 1,657 0.04
Other 8,141 2,517,840 4,328,596 0.04
World 1,818,893 2,520,072 4,338,964 100.00

(1) Includes accident and health insurance.

NA=Data not available.

Source: Swiss Re, sigma, No. 2/2011.

 
LIFE AND NONLIFE INSURANCE PREMIUMS, 2011

(Direct premiums written, U.S. $ millions)

      Total premiums
Country Nonlife
premiums (1)
Life
premiums
Amount  Percent of total 
world premiums
Algeria (2) $1,099 $103 $1,201 0.03%
Angola (2) 950 50 1,000 0.02
Argentina (3) 10,250 2,596 12,846 0.28
Australia (2), (4) 43,899 45,187 89,086 1.94
Austria (3) 13,300 9,751 23,051 0.50
Bahrain (2) 431 148 579 0.01
Bangladesh (2) 255 789 1,044 0.02
Belgium (2) 15,140 25,947 41,087 0.89
Brazil (3) 37,240 41,046 78,287 1.70
Bulgaria 968 163 1,131 0.02
Canada (2), (5) 69,045 52,167 121,213 2.64
Chile 4,091 5,578 9,669 0.21
Colombia (3) 5,343 2,282 7,624 0.17
Costa Rica (2) 743 72 815 0.02
Croatia (3) 1,256 455 1,711 0.04
Cyprus (2) 624 543 1,167 0.03
Czech Republic (3) 4,694 4,069 8,764 0.19
Denmark (2) 11,208 21,482 32,691 0.71
Dominican Republic (2) 635 105 740 0.02
Ecuador 1,105 231 1,337 0.03
Egypt (6) 973 740 1,714 0.04
Finland (3) 4,997 20,406 25,404 0.55
France (2) 98,359 174,753 273,112 5.94
Germany (3) 131,292 113,869 245,162 5.33
Greece (2) 3,948 2,931 6,879 0.15
Guatemala (2) 447 108 555 0.01
Hong Kong (3) 3,293 24,556 27,850 0.61
Hungary 1,772 2,193 3,964 0.09
India (7) 12,187 60,442 72,628 1.58
Indonesia (2) 4,655 9,437 14,092 0.31
Iran (8) 7,555 713 8,268 0.18
Ireland (2) 9,211 43,038 52,250 1.14
Israel 5,770 6,682 12,452 0.27
Italy 55,426 105,089 160,514 3.49
Jamaica (2) 450 227 676 0.01
Japan (2), (7) 130,741 524,668 655,408 14.26
Jordan (2) 565 56 622 0.01
Kazakhstan 989 208 1,197 0.03
Kenya (2) 686 350 1,036 0.02
Kuwait (2) 627 185 812 0.02
Lebanon 878 343 1,221 0.03
Liechtenstein 496 4,843 5,339 0.12
Luxembourg (2) 3,134 20,355 23,489 0.51
Macao (3) 152 392 544 0.01
Malaysia (2), (7) 4,965 9,307 14,272 0.31
Malta (2) 1,497 697 2,194 0.05
Mauritius (2) 218 396 614 0.01
Mexico (3) 12,149 10,083 22,231 0.48
Morocco 1,989 871 2,859 0.06
Namibia (2) 303 667 971 0.02
Netherlands (2) 79,722 31,210 110,931 2.41
New Zealand (2), (4) 8,503 1,548 10,051 0.22
Nigeria (2) 1,153 404 1,557 0.03
Norway 9,767 12,871 22,638 0.49
Oman (2) 617 150 766 0.02
Pakistan (2) 636 739 1,376 0.03
Panama 819 234 1,053 0.02
Peru 1,379 1,234 2,613 0.06
Philippines (2) 991 1,890 2,881 0.06
Poland (3) 9,870 9,237 19,107 0.42
Portugal (2) 5,779 10,534 16,313 0.35
PR China (3) 87,319 134,539 221,858 4.83
Qatar (2) 908 54 961 0.02
Romania (3) 2,053 554 2,607 0.06
Russia 42,071 1,185 43,257 0.94
Saudi Arabia (2) 4,682 289 4,971 0.11
Serbia 656 126 781 0.02
Singapore (3) 8,188 11,275 19,463 0.42
Slovakia (2) 1,510 1,359 2,869 0.06
Slovenia (2) 2,066 942 3,008 0.07
South Africa (3), (5) 10,842 41,534 52,376 1.14
South Korea (2), (7) 51,223 79,161 130,383 2.84
Spain (2) 40,731 39,257 79,987 1.74
Sri Lanka (2) 382 319 701 0.02
Sweden  (3)
10,150 31,961 42,111 0.92
Switzerland (3) 28,494 35,083 63,576 1.38
Taiwan 14,283 64,133 78,416 1.71
Thailand (3) 6,028 9,218 15,246 0.33
Trinidad and Tobago (2) 591 247 838 0.02
Tunisia (2) 694 119 812 0.02
Turkey 8,473 1,579 10,051 0.22
Ukraine (2) 2,916 168 3,084 0.07
United Arab Emirates (2), (9) 5,415 1,226 6,641 0.14
United Kingdom (2) 109,486 210,067 319,553 6.95
United States (2), (10) 667,107 537,570 1,204,677 26.21
Uruguay 660 206 867 0.02
Venezuela (2) 10,370 433 10,803 0.24
Vietnam (3) 1,027 818 1,845 0.04
Other  9 959  2 330  12 288 0.27
World $1,969,519 $2,627,168 $4,596,687 100.00%

(1) Includes accident and health insurance.
(2) Estimated.
(3) Provisional.
(4) Nonlife: July 1, 2010 - June 30, 2011.
(5) Life premiums are net premiums.
(6) July 1, 2010 – June 30, 2011.
(7) April 1, 2011 – March 31, 2012.
(8) March 21, 2011 – March 20, 2012.
(9) Nonlife premiums are gross premiums, including reinsurance premiums.
(10) Life insurance premiums include an estimate for group pension business; nonlife premiums include state funds.

Source: Swiss Re, sigma, No. 3/2012.

 
LIFE AND NONLIFE INSURANCE PREMIUMS, 2012

(Direct premiums written, U.S. $ millions)

      Total premiums
Country Nonlife
premiums (1)
Life
premiums
Amount  Percent of total 
world premiums
Algeria $1,161 $89 $1,250 0.03%
Angola 1,083 57 1,140 0.02
Argentina 12,340 3,118 15,458 0.34
Australia 42,525 43,689 86,214 1.87
Austria 12,575 8,373 20,948 0.45
Bahrain 484 142 627 0.01
Belarus 495 25 520 0.01
Belgium 14,564 26,548 41,111 0.89
Brazil 37,483 44,784 82,267 1.78
Bulgaria 886 153 1,039 0.02
Canada 70,750 51,783 122,532 2.66
Chile 4,357 6,134 10,491 0.23
Colombia 6,126 2,754 8,879 0.19
Costa Rica 818 79 896 0.02
Croatia 1,124 421 1,545 0.03
Cyprus 580 441 1,021 0.02
Czech Republic 4,165 3,680 7,846 0.17
Denmark 10,771 20,774 31,544 0.68
Dominican Republic 632 114 746 0.02
Ecuador 1,230 255 1,485 0.03
Egypt 1,033 785 1,818 0.04
Finland 4,931 20,910 25,841 0.56
France 93,112 149,346 242,459 5.26
Germany 125,497 106,411 231,908 5.03
Greece 3,395 2,479 5,873 0.13
Guatemala 489 125 613 0.01
Hong Kong 3,738 28,979 32,717 0.71
Hungary 1,524 1,774 3,298 0.07
India 13,142 53,300 66,441 1.44
Indonesia 4,615 10,894 15,509 0.34
Iran 7,570 652 8,222 0.18
Ireland 8,230 42,625 50,855 1.10
Israel 5,355 6,201 11,555 0.25
Italy 50,945 93,273 144,218 3.13
Jamaica 442 259 701 0.02
Japan 129,740 524,372 654,112 14.18
Jordan 598 62 659 0.01
Kazakhstan 1,067 352 1,419 0.03
Kenya 855 436 1,290 0.03
Kuwait 789 181 970 0.02
Lebanon 918 377 1,295 0.03
Liechtenstein 853 3,519 4,373 0.09
Luxembourg 3,317 25,946 29,263 0.63
Macao 207 468 674 0.01
Malaysia 5,315 9,513 14,828 0.32
Malta 1,591 1,368 2,958 0.06
Mauritius 213 442 655 0.01
Mexico 13,138 10,844 23,982 0.52
Morocco 1,927 930 2,857 0.06
Namibia 306 674 980 0.02
Netherlands 71,005 29,338 100,342 2.18
New Zealand 8,811 1,672 10,483 0.23
Nigeria 1,354 474 1,828 0.04
Norway 9,942 14,183 24,124 0.52
Oman 637 126 762 0.02
Pakistan 608 951 1,559 0.03
Panama 884 255 1,139 0.02
Peru 1,604 1,394 2,997 0.06
Philippines 1,231 2,265 3,496 0.08
Poland 9,318 9,721 19,038 0.41
Portugal 5,155 8,400 13,556 0.29
PR China 104,302 141,208 245,511 5.32
Qatar 1,242 58 1,300 0.03
Romania 1,812 475 2,287 0.05
Russia 24,296 1,732 26,027 0.56
Saudi Arabia 5,220 235 5,455 0.12
Serbia 571 126 697 0.02
Singapore 9,823 12,257 22,080 0.48
Slovakia 1,385 1,215 2,600 0.06
Slovenia 1,873 700 2,573 0.06
South Africa 10,084 44,787 54,871 1.19
South Korea 60,376 78,920 139,296 3.02
Spain 38,229 33,762 71,991 1.56
Sri Lanka 385 313 698 0.02
Sweden 9,804 27,275 37,079 0.80
Switzerland 27,376 33,171 60,547 1.31
Taiwan 15,230 72,522 87,753 1.90
Thailand 7,567 10,789 18,355 0.40
Trinidad and Tobago 591 361 952 0.02
Tunisia 694 123 816 0.02
Turkey 9,140 1,742 10,882 0.24
Ukraine 2,798 249 3,047 0.07
United Arab Emirates 5,747 1,443 7,190 0.16
United Kingdom 105,500 205,918 311,418 6.75
United States 703,128 567,756 1,270,884 27.55
Uruguay 738 235 973 0.02
Venezuela 13,670 493 14,163 0.31
Vietnam 1,091 882 1,973 0.04
Other 9,428 2,428 11,870 0.28
World $1,991,650 $2,620,864 $4,612,514 100.00%

(1) Includes accident and health insurance.

Source: Swiss Re, sigma, No. 3/2013.

 
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013

(Direct premiums written, U.S. $ millions)

      Total premiums
Country Nonlife premiums (1) Life premiums Amount  Percent of total world premiums
Algeria $1,342 $98 $1,440 0.03%
Angola 1,079 57 1,136 0.02
Argentina 13,957 3,359 17,317 0.37
Australia 32,667 45,641 78,309 1.69
Austria 13,456 8,596 22,052 0.48
Bahamas 539 154 693 0.01
Bahrain 515 173 688 0.01
Belarus 706 42 748 0.02
Belgium 16,578 22,430 39,008 0.84
Brazil 39,513 49,417 88,931 1.92
Bulgaria 947 183 1,129 0.02
Canada 73,010 52,334 125,344 2.70
Chile 4,726 6,986 11,712 0.25
Colombia 6,439 3,632 10,070 0.22
Costa Rica 897 139 1,036 0.02
Croatia 1,146 445 1,591 0.03
Cyprus 632 456 1,088 0.02
Czech Republic 4,341 3,657 7,998 0.17
Denmark 11,366 22,981 34,347 0.74
Dominican Republic 619 120 739 0.02
Ecuador 1,377 282 1,659 0.04
Egypt 1,051 800 1,851 0.04
Finland 5,243 22,363 27,606 0.59
France 94,598 160,156 254,754 5.49
Germany 132,813 114,349 247,162 5.33
Greece 3,116 2,143 5,259 0.11
Guatemala 544 135 679 0.01
Hong Kong 4,016 32,059 36,075 0.78
Hungary 1,566 1,938 3,504 0.08
India 13,401 52,174 65,576 1.41
Indonesia 4,254 14,141 18,395 0.40
Iran 8,878 796 9,675 0.21
Ireland 8,851 46,929 55,780 1.20
Israel 6,170 7,329 13,499 0.29
Italy 50,576 117,978 168,554 3.63
Jamaica 437 246 683 0.01
Japan 108,773 422,733 531,506 11.45
Jordan 620 66 686 0.01
Kazakhstan 1,292 372 1,664 0.04
Kenya 1,000 520 1,520 0.03
Kuwait 770 182 952 0.02
Lebanon 1,005 469 1,475 0.03
Liechtenstein 992 2,643 3,635 0.08
Luxembourg 3,822 25,904 29,726 0.64
Malaysia 5,161 9,985 15,146 0.33
Malta 2,107 1,365 3,472 0.07
Mauritius 212 476 688 0.01
Mexico 14,884 12,470 27,354 0.59
Morocco 2,157 1,023 3,180 0.07
Namibia 279 664 944 0.02
Netherlands 75,135 26,005 101,140 2.18
New Zealand 9,219 1,694 10,913 0.24
Nigeria 1,406 457 1,863 0.04
Norway 10,238 13,909 24,147 0.52
Oman 859 88 947 0.02
Pakistan 619 1,048 1,667 0.04
Panama 965 280 1,244 0.03
Peru 1,806 1,548 3,354 0.07
Philippines 1,233 4,060 5,293 0.11
Poland 9,729 8,355 18,084 0.39
Portugal 5,118 14,087 19,205 0.41
PR China 125,844 152,121 277,965 5.99
Qatar 1,407 64 1,471 0.03
Romania 1,935 547 2,482 0.05
Russia 25,755 2,666 28,421 0.61
Saudi Arabia 6,105 256 6,360 0.14
Serbia 601 141 742 0.02
Singapore 2,870 15,092 17,962 0.39
Slovakia 1,398 1,343 2,741 0.06
Slovenia 1,892 801 2,693 0.06
South Africa 9,565 44,556 54,121 1.17
South Korea 54,223 91,204 145,427 3.13
Spain 38,647 33,862 72,510 1.56
Sri Lanka 442 333 775 0.02
Sweden 10,614 30,865 41,478 0.89
Switzerland 28,370 34,227 62,597 1.35
Taiwan 15,964 75,013 90,977 1.96
Thailand 6,663 14,798 21,461 0.46
Trinidad and Tobago 572 349 921 0.02
Tunisia 699 131 830 0.02
Turkey 10,699 1,761 12,460 0.27
Ukraine 3,276 310 3,586 0.08
United Arab Emirates 6,026 1,933 7,959 0.17
United Kingdom 106,750 222,893 329,643 7.10
United States 726,397 532,858 1,259,255 27.13
Uruguay 865 348 1,213 0.03
Venezuela 13,290 444 13,733 0.30
Vietnam 1,131 984 2,115 0.05
Other 10,084 3,069 13,154 0.28
World $2,032,850 $2,608,091 $4,640,941 100.00%

(1) Includes accident and health insurance.

Source: Swiss Re, sigma, No. 3/2014.

 
LIFE AND NONLIFE INSURANCE PREMIUMS, 2014

(Direct premiums written, U.S. $ millions)

      Total premiums
Country Nonlife premiums (1) Life premiums Amount Percent of total world premiums
Algeria $1,492 $106 $1,597 0.03%
Angola 1,110 31 1,142 0.02
Argentina 12,847 2,998 15,845 0.33
Australia 31,924 56,151 88,075 1.84
Austria 13,820 8,974 22,794 0.48
Bahamas 563 161 724 0.02
Bangladesh 349 966 1,315 0.03
Belgium 16,549 22,839 39,388 0.82
Brazil 40,464 44,980 85,444 1.79
Bulgaria 983 196 1,180 0.02
Canada 73,235 52,138 125,373 2.62
Chile 4,513 6,401 10,915 0.23
Colombia 6,649 2,861 9,510 0.20
Costa Rica 1,014 142 1,156 0.02
Croatia 1,034 460 1,494 0.03
Cyprus 562 419 981 0.02
Czech Republic 4,174 3,429 7,603 0.16
Denmark 11,378 22,931 34,308 0.72
Dominican Republic 576 188 763 0.02
Ecuador 1,427 276 1,703 0.04
Egypt 1,079 888 1,968 0.04
Finland 5,569 24,055 29,625 0.62
France 97,759 172,761 270,520 5.66
Germany 136,170 118,475 254,644 5.33
Greece 2,893 2,376 5,268 0.11
Guatemala 671 165 835 0.02
Hong Kong 4,182 36,856 41,038 0.86
Hungary 1,536 1,953 3,488 0.07
India 14,590 55,299 69,889 1.46
Indonesia 5,148 10,159 15,307 0.32
Iran 6,737 721 7,458 0.16
Ireland 8,817 45,136 53,954 1.13
Israel 6,651 7,693 14,344 0.30
Italy 49,443 145,292 194,735 4.08
Jamaica 409 309 718 0.02
Japan 108,174 371,588 479,762 10.04
Jordan 664 72 736 0.02
Kazakhstan 1,057 262 1,319 0.03
Kenya 1,152 632 1,784 0.04
Kuwait 816 191 1,007 0.02
Lebanon 1,078 434 1,513 0.03
Liechtenstein 1,159 2,568 3,727 0.08
Luxembourg 3,977 31,303 35,280 0.74
Macao 263 837 1,099 0.02
Malaysia 5,633 10,231 15,864 0.33
Malta 2,098 1,430 3,528 0.07
Mauritius 244 522 766 0.02
Mexico 14,645 12,597 27,242 0.57
Morocco 2,257 1,143 3,400 0.07
Namibia 283 648 931 0.02
Netherlands 74,100 21,855 95,956 2.01
New Zealand 9,808 1,826 11,634 0.24
Nigeria 1,332 457 1,790 0.04
Norway 10,443 14,639 25,082 0.52
Oman 940 95 1,035 0.02
Pakistan 819 1,255 2,074 0.04
Panama 1,032 312 1,343 0.03
Peru 1,841 1,736 3,577 0.07
Philippines 1,369 4,420 5,788 0.12
Poland 9,798 7,436 17,235 0.36
Portugal 5,189 13,962 19,151 0.40
PR China 151,490 176,950 328,439 6.87
Qatar 2,118 65 2,183 0.05
Romania 1,918 456 2,374 0.05
Russia 22,910 2,828 25,738 0.54
Saudi Arabia 7,887 241 8,128 0.17
Serbia 617 169 786 0.02
Singapore 11,458 15,543 27,000 0.57
Slovakia 1,435 1,350 2,785 0.06
Slovenia 1,863 711 2,574 0.05
South Africa 9,375 39,785 49,159 1.03
South Korea 57,943 101,572 159,515 3.34
Spain 38,462 33,012 71,473 1.50
Sri Lanka 485 366 850 0.02
Sweden 10,556 28,179 38,735 0.81
Switzerland 29,117 36,094 65,211 1.36
Taiwan 16,466 79,156 95,622 2.00
Thailand 8,400 13,297 21,696 0.45
Trinidad and Tobago 632 455 1,087 0.02
Tunisia 748 141 888 0.02
Turkey 10,119 1,476 11,595 0.24
Ukraine 2,068 181 2,249 0.05
United Arab Emirates 6,905 2,200 9,106 0.19
United Kingdom 115,945 235,321 351,266 7.35
United States 752,222 528,221 1,280,443 26.80
Uruguay 854 343 1,197 0.03
Venezuela 21,937 727 22,665 0.47
Vietnam 1,293 1,290 2,582 0.05
Other 11,992 3,184 15,176 0.32
World $2,123,699 $2,654,549 $4,778,246 100.00%

(1) Includes accident and health insurance.

Source: Swiss Re, sigma, No. 4/2015.

 
Life And Nonlife Insurance Premiums, 2015

(Direct premiums written, U.S. $ millions)

      Total premiums
Country Nonlife premiums (1) Life premiums Amount  Percent of total world premiums
Algeria $1,162 $100 $1,262 0.03%
Angola 838 14 853 0.02
Argentina 15,882 3,527 19,410 0.43
Australia  26,924 43,663 70,587 1.55
Austria  11,893 7,509 19,402 0.43
Bahrain  593 153 746 0.02
Bangladesh  390 1,082 1,473 0.03
Belgium  15,824 17,253 33,078 0.73
Brazil  31,986 37,106 69,091 1.52
Bulgaria  881 188 1,069 0.02
Canada  65,637 49,331 114,968 2.52
Cayman Islands  726 31 757 0.02
Chile  4,380 6,946 11,326 0.25
Colombia  5,525 2,319 7,844 0.17
Costa Rica  921 135 1,056 0.02
Croatia  844 426 1,270 0.03
Cyprus  471 335 806 0.02
Czech Republic 3,699 2,537 6,236 0.14
Denmark  10,495 19,887 30,383 0.67
Dominican Republic 709 91 800 0.02
Ecuador  1,878 355 2,232 0.05
Egypt  1,120 988 2,108 0.05
Finland  5,014 22,233 27,246 0.60
France  80,402 150,143 230,545 5.06
Germany 116,538 96,725 213,263 4.68
Greece  2,244 1,899 4,143 0.09
Guatemala  623 153 775 0.02
Hong Kong  4,494 41,255 45,748 1.00
Hungary  1,379 1,602 2,981 0.07
India  15,101 56,675 71,776 1.58
Indonesia  3,916 11,013 14,930 0.33
Iran  7,052 825 7,877 0.17
Ireland  7,759 47,416 55,175 1.21
Israel  7,195 8,099 15,295 0.34
Italy  40,189 124 848 165,037 3.62
Japan  105,891 343,816 449,707 9.88
Jordan  692 85 778 0.02
Kazakhstan  939 248 1,188 0.03
Kenya  1,133 664 1,797 0.04
Kuwait  874 174 1,048 0.02
Lebanon  1,066 455 1,521 0.03
Liechtenstein  1,047 2,364 3,411 0.07
Luxembourg  3,529 23,272 26,801 0.59
Macao  296 942 1,237 0.03
Malaysia  4,762 9,588 14,351 0.32
Malta  1,990 1,335 3,325 0.07
Mauritius  257 492 749 0.02
Mexico  13,763 11,462 25,225 0.55
Morocco  2,038 1,084 3,122 0.07
Namibia  282 634 917 0.02
Netherlands  62,810 17,785 80,595 1.77
New Zealand  7,800 1,599 9,399 0.21
Nigeria 974 446 1,420 0.03
Norway  8,254 11,610 19,864 0.44
Oman  1,008 116 1,124 0.02
Pakistan  731 1,451 2,182 0.05
Panama  1,066 334 1,400 0.03
Peru  1,886 1,729 3,616 0.08
Philippines  1,539 4,010 5,550 0.12
Poland  8,287 5,857 14,144 0.31
Portugal  4,684 9,579 14,263 0.31
PR China  175,737 210,763 386,500 8.49
Qatar  2,761 72 2,833 0.06
Romania  1,710 427 2,137 0.05
Russia  14,672 2,129 16,801 0.37
Saudi Arabia  9,634 256 9,891 0.22
Serbia  587 165 753 0.02
Singapore  11,746 16,258 28,004 0.61
Slovakia  1,218 980 2,198 0.05
Slovenia  1,564 628 2,192 0.05
South Africa  8,432 37,526 4,558 1.01
South Korea  55,402 98,218 153,620 3.37
Spain 32,947 28,368 61,315 1.35
Sri Lanka  508 383 892 0.02
Sweden  9,241 24,261 33,502 0.74
Switzerland  27,372 33,916 61,289 1.35
Taiwan  16,352 79,627 95,979 2.11
Thailand  7,063 14,619 21,682 0.48
Trinidad and Tobago 782 365 1,146 0.03
Tunisia  679 144 823 0.02
Turkey  9,779 1,361 11,140 0.24
Ukraine  1,241 98 1,339 0.03
United Arab Emirates  7,657 2,436 10,093 0.22
United Kingdom 105,685 214,492 320,176 7.03
United States  763,766 552,506 1,316,271 28.9
Uruguay   837 428 1,265 0.03
Venezuela  7,382 119 7,500 0.16
Vietnam  1,414 1,583 2,997 0.07
Other 11,517 3,727 15,212 0.33
World $2,019,967 $2,533,818 $4,553,785 100.00%

(1) Includes accident and health insurance.

Source: Swiss Re, sigma, No. 3/2016.

 
Life And Nonlife Insurance Direct Premiums Written By Country, 2016 (1)

(US$ millions)

      Total premiums
Country Nonlife premiums (2) Life premiums Amount  Percent of total world premiums
Algeria $248 $102 $350 0.01%
Angola 224 13 237 0.01
Argentina  4,534 2,343 6,877 0.15
Australia 44,467 37,692 82,159 1.74
Austria 8,062 6,754 14,816 0.31
Bahamas  718 198 916 0.02
Bangladesh 1,665 1,226 2,891 0.06
Belgium 10,613 17,166 27,779 0.59
Brazil  31,641 41,005 72,646 1.54
Bulgaria 858 205 1,063 0.02
Canada  64,547 49,976 114,523 2.42
Cayman Islands  456 36 492 0.01
Chile  11,948 7,148 19,096 0.40
Colombia  5,350 2,459 7,809 0.17
Costa Rica  703 189 892 0.02
Croatia 1,219 429 1,648 0.03
Cyprus 934 316 1,250 0.03
Czech Republic 3,892 2,353 6,245 0.13
Denmark 11,440 21,327 32,767 0.69
Dominican Republic  581 161 742 0.02
Ecuador  1,027 347 1,374 0.03
Egypt 1,186 1,023 2,209 0.05
Finland 14,390 22,620 37,010 0.78
France  104,839 152,817 257,656 5.44
Germany 63,746 94,661 158,407 3.35
Greece 3,046 1,971 5,017 0.11
Guatemala  645 163 808 0.02
Hong Kong 9,656 51,940 61,596 1.30
Hungary 1,777 1,553 3,330 0.07
India 16,952 61,817 78,769 1.66
Indonesia 7,293 15,299 22,592 0.48
Iran 1,092 1,004 2,096 0.04
Ireland 39,945 51,233 91,178 1.93
Israel 4,741 7,997 12,738 0.27
Italy  84,826 122,438 207,264 4.38
Jamaica  789 299 1,088 0.02
Japan 203,515 354,053 557,568 11.78
Jordan 442 92 534 0.01
Kazakhstan 711 163 874 0.02
Kenya 1,107 729 1,836 0.04
Kuwait 747 183 930 0.02
Lebanon 1,052 482 1,534 0.03
Liechtenstein 3,669 2,314 5,983 0.13
Luxembourg 12,076 22,542 34,618 0.73
Macao 1,568 1,058 2,626 0.06
Malaysia 6,913 9,189 16,102 0.34
Malta 1,613 1,482 3,095 0.07
Mauritius 1,107 552 1,659 0.04
Mexico  13,214 11,189 24,403 0.52
Morocco 2,103 1,457 3,560 0.08
Namibia 787 535 1,322 0.03
Netherlands 9,387 16,385 25,772 0.54
New Zealand 8,303 1,712 10,015 0.21
Nigeria 775 372 1,147 0.02
Norway 9,038 11,197 20,235 0.43
Oman 509 144 653 0.01
Pakistan 2,889 1,773 4,662 0.10
Panama  792 346 1,138 0.02
Peru  1,818 1,513 3,331 0.07
Philippines 4,740 3,742 8,482 0.18
Poland 5,258 4,664 9,922 0.21
Portugal 8,314 7,446 15,760 0.33
PR China 117,243 262,616 379,859 8.03
Qatar 332 47 379 0.01
Romania 1,024 415 1,439 0.03
Russia 4,705 3,217 7,922 0.17
Saudi Arabia 782 278 1,060 0.02
Serbia 607 195 802 0.02
Singapore 7,789 17,557 25,346 0.54
Slovakia 1,560 788 2,348 0.05
Slovenia 1,318 638 1,956 0.04
South Africa 8,072 33,890 41,962 0.89
South Korea 66,694 104,169 170,863 3.61
Spain 34,140 34,459 68,599 1.45
Sri Lanka 932 440 1,372 0.03
Sweden 16,672 24,280 40,952 0.87
Switzerland 27,219 31,151 58,370 1.23
Taiwan 17,493 84,493 101,986 2.16
Thailand 7,010 15,131 22,141 0.47
Trinidad and Tobago  1,050 368 1,418 0.03
Tunisia 674 150 824 0.02
Turkey 2,334 1,644 3,978 0.08
Ukraine 489 113 602 0.01
United Arab Emirates 4,508 2,448 6,956 0.15
United Kingdom  120,360 199,369 319,729 6.76
United States  793,538 558,847 1,352,385 28.58
Uruguay  1,271 489 1,760 0.04
Vietnam 3,472 2,053 5,525 0.12
Other 11,387 4,181 15,568 0.33
World (3) $2,115,172 $2,617,016 $4,732,188 100.00%

(1) Before reinsurance transactions.
(2) Includes accident and health insurance.
(3) Totals may not add up due to rounding.

Source: Swiss Re, sigma No. 3/2017.

 
Life And Nonlife Insurance Direct Premiums Written By Country, 2017 (1)

(US$ millions)

      Total premiums
Country Nonlife premiums (2) Life premiums Amount Percent of total world premiums
Algeria $1,099 $117 $1,215 0.02%
Angola 764 15 780 0.02
Argentina 13,959 2,476 16,435 0.34
Australia 47,893 32,169 80,061 1.64
Austria 12,726 6,549 19,275 0.39
Bahamas 550 230 780 0.02
Bahrain 623 139 762 0.02
Bangladesh 371 974 1,345 0.03
Belgium 17,060 17,650 34,710 0.71
Brazil 36,441 46,874 83,315 1.70
Bulgaria 1,022 213 1,236 0.03
Canada 67,927 51,592 119,520 2.44
Cayman Islands 716 30 746 0.02
Chile 4,900 8,394 13,294 0.27
Colombia 6,089 2,802 8,890 0.18
Costa Rica 1,134 198 1,331 0.03
Croatia 923 444 1,367 0.03
Cyprus 526 394 920 0.02
Czech Republic 3,989 2,448 6,438 0.13
Denmark 8,941 24,200 33,141 0.68
Dominican Republic 862 179 1,040 0.02
Ecuador 1,614 431 2,046 0.04
Egypt 826 761 1,587 0.03
Finland 4,788 21,370 26,158 0.53
France 88,083 153,520 241,603 4.94
Germany 126,005 96,973 222,978 4.56
Greece 2,428 1,984 4,412 0.09
Guatemala 738 194 932 0.02
Hong Kong 11,477 49,808 61,286 1.25
Hungary 1,741 1,670 3,411 0.07
India 24,764 73,240 98,003 2.00
Indonesia 4,649 19,312 23,960 0.49
Iran 7,893 1,274 9,166 0.19
Ireland 8,626 55,680 64,306 1.31
Israel 8,058 9,368 17,426 0.36
Italy 41,562 113,947 155,509 3.18
Jamaica 442 290 732 0.01
Japan 114,818 307,232 422,050 8.63
Jordan 746 108 854 0.02
Kazakhstan 815 203 1,018 0.02
Kenya 1,192 807 2,000 0.04
Kuwait 668 153 821 0.02
Lebanon 1,130 505 1,634 0.03
Liechtenstein 2,732 2,417 5,149 0.11
Luxembourg 3,727 26,549 30,277 0.62
Macao 230 734 964 0.02
Malaysia 4,666 10,739 15,405 0.31
Malta 3,147 1,544 4,691 0.10
Mexico 13,449 11,844 25,293 0.52
Morocco 2,195 1,523 3,718 0.08
Namibia 279 686 965 0.02
Netherlands 63,404 15,610 79,013 1.62
New Zealand 8,437 1,749 10,186 0.21
Nigeria 628 274 902 0.02
Norway 8,501 11,289 19,790 0.40
Oman 1,053 161 1,214 0.02
Pakistan 788 1,810 2,598 0.05
Panama 1,072 371 1,444 0.03
Peru 1,831 1,642 3,473 0.07
Philippines 1,718 3,885 5,602 0.11
Poland 10,934 5,036 15,970 0.33
Portugal 5,142 8,101 13,243 0.27
PR China 223,876 317,570 541,446 11.07
Romania 1,951 516 2,467 0.05
Russia 16,215 5,683 21,898 0.45
Saudi Arabia 9,434 283 9,717 0.20
Serbia 665 198 864 0.02
Singapore 7,309 21,522 28,831 0.59
Slovakia 1,455 956 2,410 0.05
Slovenia 1,724 738 2,462 0.05
South Africa 9,510 38,286 47,796 0.98
South Korea 78,378 102,839 181,218 3.70
Spain 37,331 33,216 70,547 1.44
Sri Lanka 530 458 987 0.02
Sweden 9,744 26,836 36,580 0.75
Switzerland 27,960 29,944 57,904 1.18
Taiwan 18,873 98,602 117,474 2.40
Thailand 7,710 16,352 24,062 0.49
Trinidad and Tobago 547 515 1,062 0.02
Tunisia 647 166 814 0.02
Turkey 10,200 1,855 12,054 0.25
Ukraine 1,523 110 1,633 0.03
United Arab Emirates 10,388 3,133 13,521 0.28
United Kingdom 93,499 189,833 283,331 5.79
United States 830,315 546,800 1,377,114 28.15
Uruguay 911 665 1,576 0.03
Venezuela 1,673 40 1,714 0.04
Vietnam 1,786 2,865 4,651 0.10
Other 14,759 4,408 19,171 0.39
World (3) $2,234,424 $2,657,270 $4,891,694 100.00%

(1) Before reinsurance transactions. For more information on country data see www.swissre.com.
(2) Includes accident and health insurance.
(3) Totals may not add up due to rounding.

Source: Swiss Re, sigma No. 3/2018.

 
Life And Nonlife Insurance Direct Premiums Written By Country, 2018 (1)

(US$ millions)

      Total premiums
Country Nonlife premiums (2) Life premiums Amount  Percent of total
world premiums
Algeria $1,084 $105 $1,189 0.02%
Argentina 10,359 1,760 12,119 0.23
Australia 48,983 30,115 79,098 1.52
Austria 13,785 6,607 20,392 0.39
Bahamas 587 196 783 0.02
Bahrain 582 142 724 0.01
Bangladesh 447 1,093 1,540 0.03
Belgium 18,540 18,712 37,253 0.72
Brazil 33,589 39,251 72,840 1.40
Bulgaria 1,286 206 1,492 0.03
Canada 73,833 54,070 27,903 0.54
Cayman Islands 697 29 725 0.01
Chile 5,390 8,216 13,606 0.26
Colombia 6,369 2,926 9,295 0.18
Costa Rica 1,131 216 1,347 0.03
Croatia 1,071 499 1,570 0.03
Cyprus 581 434 1,015 0.02
Czech Republic 4,480 2,588 7,067 0.14
Denmark 9,831 26,562 36,393 0.70
Dominican Republic 1,012 192 1,204 0.02
Ecuador 1,276 416 1,693 0.03
Egypt 902 677 1,579 0.03
Finland 5,007 22,187 27,194 0.52
France 92,888 165,075 257,963 4.97
Germany 145,046 96,439 241,485 4.65
Greece 2,577 2,206 4,783 0.09
Guatemala 767 202 969 0.02
Hong Kong 4,899 61,013 65,912 1.27
Hungary 2,035 1,754 3,790 0.07
India 26,102 73,735 99,838 1.92
Indonesia 4,863 15,520 20,383 0.39
Iran 6,678 1,010 7,688 0.15
Ireland 9,738 63,424 73,162 1.41
Israel 8,591 10,071 18,662 0.36
Italy 44,933 125,341 170,273 3.28
Jamaica 470 309 779 0.02
Japan 106,405 334,243 440,648 8.49
Jordan 775 120 895 0.02
Kazakhstan 759 259 1,018 0.02
Kenya 1,273 861 2,134 0.04
Kuwait 1,145 163 1,307 0.03
Lebanon 1,079 524 1,604 0.03
Liechtenstein 3,150 2,393 5,542 0.11
Luxembourg 4,774 28,089 32,862 0.63
Malaysia 5,053 11,581 16,634 0.32
Malta 3,586 1,758 5,344 0.10
Mexico 15,206 12,138 27,344 0.53
Morocco 2,432 2,147 4,579 0.09
Namibia 287 723 1,009 0.02
Netherlands 68,605 15,743 84,348 1.62
New Zealand 8,629 1,777 10,406 0.20
Nigeria 671 549 1,220 0.02
Norway 8,939 12,138 21,077 0.41
Oman 960 156 1,116 0.02
Pakistan 713 1,923 2,636 0.05
Panama 1,178 392 1,570 0.03
Peru 2,007 1,908 3,916 0.08
Philippines 1,846 4,172 6,018 0.12
Poland 12,203 4,371 16,574 0.32
Portugal 5,786 9,741 15,527 0.30
PR China 261,512 313,365 574,877 11.07
Qatar 3,038 (3) NA NA
Romania 2,011 504 2,515 0.05
Russia 16,374 7,220 23,593 0.45
Saudi Arabia 9,157 306 9,463 0.18
Serbia 751 227 978 0.02
Singapore 8,153 22,456 30,609 0.59
Slovakia 1,623 981 2,603 0.05
Slovenia 1,919 847 2,765 0.05
South Africa 9,794 38,475 48,269 0.93
South Korea 80,951 98,072 179,024 3.45
Spain 39,945 34,118 74,062 1.43
Sri Lanka 551 476 1,026 0.02
Sweden 10,089 27,003 37,092 0.71
Switzerland 28,940 30,444 59,384 1.14
Taiwan 19,864 102,044 121,908 2.35
Thailand 8,485 18,136 26,622 0.51
Trinidad and Tobago 644 525 1,169 0.02
Tunisia 684 186 870 0.02
Turkey 9,035 1,417 10,452 0.20
Ukraine 1,629 145 1,774 0.03
United Arab Emirates 9,607 2,854 12,461 0.24
United Kingdom 101,009 235,501 336,510 6.48
United States 875,984 593,391 1,469,375 28.29
Uruguay 898 592 1,490 0.03
Venezuela 7,572 192 7,764 0.15
Vietnam 2,040 3,799 5,839 0.11
Zimbabwe 276 459 735 0.01
Other 12,645 5273 117,922 2.27
World (4) $2,373,050 $2,820,175 $5,193,225 100.00%

(1) Before reinsurance transactions. For more information on country data see www.swissre.com.
(2) Includes accident and health insurance.
(3) Data not available,
(4) Totals may not add up due to rounding.

NA=Not applicable.

Source: Swiss Re, sigma No. 3/2019.

 
Life And Nonlife Insurance Direct Premiums Written By Country, 2019 (1)

(US$ millions)

      Total premiums
Country Nonlife premiums (2) Life premiums Amount  Percent of total
world premiums
Algeria $1,128 $120 $1,248 0.02%
Argentina 8,058 1,288 9,346 0.15
Australia 47,667 22,175 68,690 1.09
Austria 13,584 6,126 19,710 0.31
Bahamas 622 211 830 0.01
Bahrain 650 138 788 0.01
Bangladesh 442 1,033 1,475 0.02
Belgium 18,039 18,368 36,407 0.58
Brazil 32,803 41,303 74,106 1.18
Bulgaria 1,440 200 1,641 0.03
Canada 79,840 53,317 133,157 2.12
Cayman Islands 798 30 829 0.01
Chile 5,310 7,875 13,185 0.21
Colombia 6,188 2,930 9,119 0.14
Costa Rica 1,197 229 1,426 0.02
Croatia 1,120 463 1,583 0.03
Cuba 636 (3) 758 0.01
Cyprus 568 431 999 0.02
Czech Republic 4,906 2,309 7,215 0.11
Denmark 9,464 27,676 37,140 0.59
Dominican Republic 1,150 208 1,362 0.02
Ecuador 1,364 434 1,797 0.03
Egypt 1,029 870 1,899 0.03
Finland 5,033 22,291 27,324 0.43
France 94,694 167,588 262,283 4.17
Germany 142,301 101,550 243,852 3.88
Greece 2,540 2,180 4,721 0.08
Guatemala 766 212 978 0.02
Hong Kong 5,413 66,840 72,253 1.15
Hungary 2,168 1,741 3,909 0.06
India 26,637 79,671 106,307 1.69
Indonesia 6,487 15,798 22,286 0.35
Iran 10,418 1,962 12,380 0.20
Ireland 7,050 66,297 73,347 1.17
Israel 8,709 10,615 19,324 0.31
Italy 43,705 124,133 167,838 2.67
Jamaica 525 345 870 0.01
Japan 118,019 341,328 459,347 7.30
Jordan 745 121 865 0.01
Kazakhstan 836 387 1,223 0.02
Kenya 1,283 956 2,239 0.04
Kuwait 1,163 171 1,334 0.02
Lebanon 1,140 471 1,611 0.03
Liechtenstein 3,158 2,426 5,584 0.09
Luxembourg 13,905 30,210 45,467 0.72
Macao 353 3,202 3,555 0.06
Malaysia 4,985 12,166 17,150 0.27
Malta 3,663 2,003 5,666 0.09
Mexico 16,302 14,193 30,495 0.48
Morocco 2,555 2,084 4,640 0.07
Namibia 267 1,038 1,305 0.02
Netherlands 69,220 14,437 83,657 1.33
New Zealand 8,810 1,742 10,552 0.17
Nigeria 840 796 1,636 0.03
Norway 8,781 12,053 20,834 0.33
Oman 968 148 1,116 0.02
Pakistan 770 1,723 2,492 0.04
Panama 1,162 406 1,568 0.02
Peru 2,151 2,079 4,230 0.07
Philippines 1,941 4,254 6,195 0.10
Poland 11,977 3,892 15,869 0.25
Portugal 5,926 8,031 13,957 0.22
PR China 287,967 329,432 617,399 9.81
Qatar 1,326 57 1,383 0.02
Romania 2,122 481 2,604 0.04
Russia 16,533 6,324 22,856 0.36
Saudi Arabia 9,823 259 10,081 0.16
Serbia 748 226 973 0.02
Singapore 8,638 21,022 30,813 0.49
Slovakia 1,557 933 2,490 0.04
Slovenia 1,974 844 2,819 0.04
South Africa 9,368 37,725 47,093 0.75
South Korea 80,037 94,483 174,520 2.77
Spain 40,193 31,562 71,002 1.13
Sri Lanka 609 481 1,090 0.02
Sweden 9,738 28,648 38,385 0.61
Switzerland 28,743 30,808 58,953 0.94
Taiwan 20,401 97,423 117,823 1.87
Thailand 9,316 17,807 27,123 0.43
Trinidad and Tobago 710 640 1,359 0.02
Tunisia 653 177 830 0.01
Turkey 9,244 1,689 10,933 0.17
Ukraine 2,040 182 2,222 0.04
United Arab Emirates 10,056 2,656 12,712 0.20
United Kingdom 102,022 264,221 366,243 5.82
United States 1,831,601 628,522 2,460,123 39.10
Uruguay 915 649 1,554 0.02
Venezuela (3) 122 NA NA
Vietnam 2,645 4,723 7,368 0.12
Other 11,982 4,902 16,884 2.27
World (4) $3,376,333 $2,916,267 $6,292,600 100.00%

(1) Before reinsurance transactions. For more information on country data see www.swissre.com.
(2) Includes accident and health insurance.
(3) Data not available,
(4) Totals may not add up due to rounding.

NA=Not applicable.

Source: Swiss Re, sigma No. 4/2020.

 
Life And Nonlife Insurance Direct Premiums Written By Country, 2020 (1)

(US$ millions)

      Total premiums
Country Nonlife premiums (2) Life premiums Amount  Percent of total
world premiums
Algeria $968 $96 $1,065 0.02%
Argentina 7,038 1,099 8,136 0.13
Australia 48,266 14,575 62,840 1.00
Austria 14,434 6,163 20,596 0.33
Bahrain 606 187 793 0.01
Bangladesh 375 948 1,323 0.02
Belgium 22,939 18,297 41,236 0.66
Brazil 25,486 32,138 57,623 0.92
Bulgaria 1,461 189 1,651 0.03
Canada 85,234 58,234 143,468 2.28
Cayman Islands 685 69 754 0.01
Chile 4,966 5,181 10,147 0.16
Colombia 5,746 2,509 8,255 0.13
Costa Rica 1,149 115 1,264 0.02
Croatia 1,183 400 1,584 0.03
Cuba 559 107 666 0.01
Cyprus 578 447 1,025 0.02
Czech Republic 5,004 2,211 7,215 0.11
Denmark 10,352 27,693 38,045 0.61
Dominican Republic 950 187 1,137 0.02
Ecuador 1,669 480 2,149 0.03
Egypt 1,295 1,094 2,390 0.04
Finland 4,970 23,883 28,853 0.46
France 94,736 136,611 231,347 3.68
Germany 151,995 106,571 258,566 4.11
Ghana 390 369 759 0.01
Greece 2,572 2,309 4,882 0.08
Guatemala 754 240 994 0.02
Hong Kong 5,723 67,408 73,131 1.16
Hungary 2,160 1,708 3,868 0.06
India 26,741 81,251 107,993 1.72
Indonesia 5,676 14,866 20,542 0.33
Iran 13,146 2,830 15,975 0.25
Ireland 7,435 50,654 58,089 0.92
Israel 8,916 10,486 19,402 0.31
Italy 43,361 118,612 161,973 2.58
Ivory Coast 388 297 685 0.01
Jamaica 505 340 845 0.01
Japan 120,308 294,497 414,805 6.60
Jordan 708 125 833 0.01
Kazakhstan 824 426 1,250 0.02
Kenya 1,223 976 2,199 0.03
Kuwait 1,012 124 1,136 0.02
Lebanon 1,150 414 1,564 0.02
Liechtenstein 3,390 2,429 5,819 0.09
Luxembourg 13,315 24,122 37,437 0.60
Macao 345 3,287 3,632 0.06
Malaysia 4,971 13,456 18,427 0.29
Malta 4,008 1,485 5,493 0.09
Mexico 14,930 12,759 27,689 0.44
Morocco 2,841 2,239 5,080 0.08
Netherlands 73,609 13,920 87,529 1.39
New Zealand 8,474 1,765 10,238 0.16
Nigeria 571 642 1,213 0.02
Norway 9,107 11,053 20,160 0.32
Oman 908 125 1,033 0.02
Pakistan 741 1,359 2,100 0.03
Panama 1,113 398 1,511 0.02
Peru 2,108 1,904 4,012 0.06
Philippines 1,890 4,518 6,408 0.10
Poland 11,893 3,618 15,511 0.25
Portugal 6,066 5,356 11,422 0.18
PR China 308,330 347,545 655,874 10.43
Qatar 1,392 60 1,452 0.02
Romania 2,226 484 2,710 0.04
Russia 15,352 5,971 21,323 0.34
Saudi Arabia 10,060 297 10,357 0.16
Serbia 832 232 1,064 0.02
Singapore 9,234 25,827 35,061 0.56
Slovakia 1,610 867 2,477 0.04
Slovenia 2,107 870 2,977 0.05
South Africa 7,378 33,258 40,635 0.65
South Korea 87,565 106,143 193,709 3.08
Spain 41,396 24,926 66,323 1.05
Sri Lanka 522 441 963 0.02
Sweden 9,826 31,113 40,939 0.65
Switzerland 30,859 31,810 62,669 1.00
Taiwan 22,150 91,155 113,304 1.80
Thailand 9,736 17,029 26,765 0.43
Trinidad and Tobago 697 637 1,335 0.02
Tunisia 687 213 900 0.01
Turkey 8,765 2,039 10,803 0.17
Ukraine 1,978 189 2,167 0.03
United Arab Emirates 9,528 2,297 11,825 0.19
United Kingdom 99,430 238,890 338,321 5.38
United States 1,897,883 632,687 2,530,570 40.25
Uruguay 794 669 1,464 0.02
Vietnam 2,475 5,490 7,965 0.13
Other countries 10,881 4,445 15,326 0.24
World (3) $3,489,609 $2,797,436 $6,287,044 100.00%

(1) Before reinsurance transactions. For more information on country data see www.swissre.com.
(2) Includes accident and health insurance.
(3) Totals may not add up due to rounding.

Source: Swiss Re, sigma, No. 3/2021.

 
Life And Nonlife Insurance Direct Premiums Written By Country, 2021 (1)

(US$ millions)

      Total premiums
Country Nonlife premiums (2) Life premiums Amount Percent of total
world premiums
Algeria $977 $98 $1,075 0.02%
Argentina 9,471 1,411 10,882 0.16
Australia 56,540 16,036 72,576 1.06
Austria 15,724 6,462 22,186 0.32
Bahamas 683 200 882 0.01
Bangladesh 436 1,554 1,990 0.03
Belgium 24,588 19,690 44,278 0.65
Brazil 27,855 34,227 62,082 0.90
Bulgaria 1,633 294 1,927 0.03
Canada 96,372 64,917 161,289 2.35
Cayman Islands 1,176 100 1,275 0.02
Chile 5,866 4,820 10,686 0.16
Colombia 6,299 2,984 9,283 0.14
Costa Rica 1,218 109 1,327 0.02
Croatia 1,387 456 1,842 0.03
Czech Republic 5,900 2,359 8,259 0.12
Denmark 11,370 33,947 45,317 0.66
Dominican Republic 1,295 223 1,519 0.02
Ecuador 1,493 503 1,996 0.03
Egypt 1,522 1,286 2,808 0.04
El Salvador 540 294 834 0.01
Finland 5,700 25,309 31,009 0.45
France 110,935 185,445 296,380 4.32
Germany 165,818 109,961 275,779 4.02
Greece 2,675 2,759 5,434 0.08
Guatemala 1,177 304 1,482 0.02
Hong Kong 8,490 63,738 72,227 1.05
Hungary 2,373 1,964 4,337 0.06
India 30,296 96,679 126,974 1.85
Indonesia 6,206 13,211 19,417 0.28
Iran 23,784 4,285 28,069 0.41
Ireland 9,437 55,259 64,696 0.94
Israel 10,563 11,963 22,526 0.33
Italy 46,480 146,001 192,481 2.81
Ivory Coast 495 349 844 0.01
Jamaica 512 345 857 0.01
Japan 107,741 295,850 403,592 5.88
Jordan 732 130 862 0.01
Kazakhstan 1,009 740 1,749 0.03
Kenya 1,320 1,102 2,422 0.04
Kuwait 1,388 134 1,522 0.02
Laos 9,039 619 9,658 0.14
Lebanon 1,384 373 1,757 0.03
Liechtenstein 3,978 2,079 6,057 0.09
Luxembourg 15,516 32,771 48,287 0.70
Macao 371 4,167 4,538 0.07
Malaysia 5,149 14,561 19,709 0.29
Malta 2,744 738 3,483 0.05
Mexico 17,134 15,027 32,160 0.47
Morocco 2,890 2,453 5,343 0.08
Namibia 243 624 867 0.01
Netherlands 78,872 14,114 92,986 1.36
New Zealand 9,889 2,058 11,947 0.17
Nigeria 710 872 1,581 0.02
Norway 10,713 15,442 26,155 0.38
Oman 1,114 145 1,260 0.02
Pakistan 850 1,545 2,395 0.03
Panama 1,201 410 1,611 0.02
Peru 2,184 2,375 4,559 0.07
Philippines 1,960 5,990 7,950 0.12
Poland 13,171 3,894 17,065 0.25
Portugal 6,690 9,195 15,885 0.23
PR China 330,672 365,456 696,128 10.15
Qatar 1,589 52 1,641 0.02
Romania 2,570 605 3,175 0.05
Russia 16,169 7,131 23,300 0.34
Saudi Arabia 10,753 455 11,208 0.16
Serbia 952 262 1,214 0.02
Singapore 9,806 34,352 44,158 0.64
Slovakia 1,160 617 1,777 0.03
Slovenia 1,580 626 2,206 0.03
South Africa 9,260 41,955 51,215 0.75
South Korea 91,142 101,866 193,008 2.81
Spain 45,547 28,024 73,571 1.07
Sri Lanka 541 520 1,061 0.02
Sweden 11,674 36,281 47,955 0.70
Switzerland 32,737 25,057 57,793 0.84
Taiwan 24,364 89,059 113,423 1.65
Thailand 11,827 15,783 27,610 0.40
Trinidad and Tobago 753 702 1,454 0.02
Tunisia 749 236 985 0.01
Turkey 8,645 1,881 10,526 0.15
Ukraine 1,697 216 1,912 0.03
United Arab Emirates 9,844 2,267 12,111 0.18
United Kingdom 114,858 284,284 399,142 5.82
United States 2,109,057 609,642 2,718,699 39.63
Uruguay 850 750 1,600 0.02
Vietnam 2,515 6,814 9,329 0.14
Other countries 16,440 5,730 22,172 0.32
World (3) $3,863,029 $2,997,569 $6,860,598 100.00%

(1) Before reinsurance transactions. For more information on country data see www.swissre.com.
(2) Includes accident and health insurance.
(3) Totals may not add up due to rounding.

Source: Swiss Re, sigma, No. 4/2022.