Top 10 Countries By Life And Nonlife Direct Premiums Written, 2017 (1)

(US$ millions)

        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) $546,800 $830,315 $1,377,114 -0.1% 28.15%
2 P.R. China (5) 317,570 223,876 541,466 16.2 11.07
3 Japan (4), (6) 307,232 114,818 422,050 –6.5 8.63
4 United Kingdom (4) 189,833 93,499 283,331 –2.6 5.79
5 France (8) 153,520 88,083 241,603 1.8 4.94
6 Germany (7), (8) 96,973 126,005 222,978 3.8 4.56
7 South Korea (4), (6) 102,839 78,378 181,218 2.4 3.70
8 Italy (4) 113,947 41,562 155,509 –2.6 3.18
9 Canada (4), (9) 51,592 67,927 119,520 5.5 2.44
10 Taiwan 98,602 18,873 117,474 15.8 2.40
(1) Before reinsurance transactions. (2) Includes accident and health insurance. (3) Nonlife premiums include state funds; life premiums include an estimate of group pension business. (4) Estimated. (5) Provisional. (6) April 1, 2017 to March 31, 2018. (7) Life premiums are estimated. (8) Nonlife premiums are provisional. (9) Life premiums are net premiums. Source: Swiss Re, sigma, No. 3/2018.