Growth of non life premiums in emerging countries

According to a study published by Munich Re, a growth of non life insurance premium is expected in many emerging countries by 2025.

For example, the overall Sub-Saharan African countries will experience an average growth of 5.4% per year over the period 2015-2025. During the same period, Indonesia would grow by around 7.7%.

Munich Re states also that China will represent the second global insurance market in 10 years’ period. Brazil and India will have respectively the 9^th and 10^th positions.