Current Table

Top 10 Largest World Commercial Liability Markets, 2014

(US$ billions)

    Direct premiums written   Liability as a percentage of
Rank Country Liability Total nonlife GDP (1) Total nonlife GDP (1)
1 United States $86.6 $539.3 $16,805.4 16.1% 0.52%
2 United Kingdom 10.6 101.0 2,713.9 10.5 0.39
3 Germany 8.6 92.9 3,751.9 9.2 0.23
4 France 6.7 83.3 2,812.5 8.1 0.24
5 Japan 6.3 85.5 4,913.0 7.3 0.13
6 Canada 5.0 50.6 1,831.0 9.9 0.27
7 Italy 5.0 46.3 2,133.5 10.8 0.23
8 Australia 4.9 32.7 1,501.0 14.9 0.33
9 China 4.2 105.5 9,603.2 3.9 0.04
10 Spain 2.1 31.2 1,369.5 6.9 0.16
  Total, countries shown $140.0 $1,170.0 $47,400.0 12.0% 0.30%
  Total, all countries $165.0 $1,600.0 $77,400.0 10.3% 0.21%

(1) Gross domestic product.

Source: Swiss Re.

 
Top 10 Largest Commercial Liability Markets, 2013

($ billions)

    Direct premiums written, 2013   Liability as a percentage of
Rank Country Liability Total nonlife GDP (1) Total nonlife GDP (1)
1 U.S. $84.0 $531.2 $16,802 15.8% 0.50%
2 U.K. 9.9 99.2 2,521 10.0 0.39
3 Germany 7.8 90.4 3,713 8.6 0.21
4 France 6.8 83.1 2,750 8.2 0.25
5 Japan 6.0 81.0 4,964 7.4 0.12
6 Canada 5.2 50.5 1,823 10.3 0.29
7 Italy 5.0 47.6 2,073 10.5 0.24
8 Australia 4.8 32.7 1,506 14.7 0.32
9 China 3.5 105.5 9,345 3.3 0.04
10 Spain 2.2 31.0 1,361 7.1 0.16
  World $160.0 $1,550.0 $61,709 10.3% 0.26%

(1) Gross Domestic Product.

Source: Swiss Re, sigma, No. 4/2014.