Top 10 Countries By Life And Nonlife Direct Premiums Written, 2019 (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) |
$628,522 |
$1,831,601 |
$2,460,123 |
3.9% |
39.10% |
2 |
PR China (5) |
329,432 |
287,967 |
617,399 |
7.4 |
9.81 |
3 |
Japan (5), (6) |
341,328 |
118,019 |
459,357 |
4.8 |
7.30 |
4 |
United Kingdom (5) |
264,221 |
102,022 |
366,243 |
-3.8 |
5.82 |
5 |
France (5) |
167,588 |
94,694 |
262,283 |
-1.5 |
4.17 |
6 |
Germany (5) |
101,550 |
142,301 |
243,852 |
-0.4 |
3.88 |
7 |
South Korea (6) |
94,483 |
80,037 |
174,520 |
-3.3 |
2.77 |
8 |
Italy |
124,133 |
43,705 |
167,838 |
-1.4 |
2.67 |
9 |
Canada (5), (7) |
53,317 |
79,840 |
133,157 |
2.9 |
2.12 |
10 |
Taiwan |
97,423 |
20,401 |
117,823 |
-3.4 |
1.87 |
(1) Before reinsurance transactions.
(2) Includes accident and health insurance.
(3) Nonlife premiums now include private medical insurance, which had been included for other countries.
(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, 2019 – March 31, 2020.
7) Nonlife premiums are gross premiums, including reinsurance; life premiums are net premiums.
Source: Swiss Re, sigma No. 4/2020. |
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