Asia-Pacific life insurance market in 2021

Figures in million USD

Rank		Country	Turnover		2020-2021 evolution	2021 shares
Regional	Global	Country	2021	2020	2020-2021 evolution	2021 shares
1	2	China	365 456	347 544	5.15%	32.36%
2	3	Japan	295 850	300 698	-1.61%	26.20%
3	8	South Korea	101 866	103 054	-1.15%	9.02%
4	9	India	96 679	84 690	14.16%	8.56%
5	10	Taiwan	89 059	91 155	-2.30%	7.89%
6	12	Hong Kong	63 738	64 680	-1.46%	5.64%
7	16	Singapore	34 352	27 024	27.12%	3.04%
8	24	Australia	16 036	14 579	9.99%	1.42%
9	25	Thailand	15 783	15 743	0.25%	1.40%
10	28	Malaysia	14 561	13 437	8.36%	1.29%
Top 10			1 093 380	1 062 604	2.90%	96.82%
11	30	Indonesia	13 211	11 993	10.16%	1.17%
12	34	Vietnam	6 814	5 567	22.40%	0.60%
13	36	Philippines	5 990	4 742	26.32%	0.53%
14	39	Macau	4 167	3 843	8.43%	0.37%
15	48	New Zealand	2 058	1 765	16.60%	0.18%
16	51	Bangladeshi	1 554	1 370	13.43%	0.14%
17	65	Sri Lanka	520	510	1.96%	0.05%
Total			1 127 694	1 092 394	3.23%	99.86%
Rest of the market			1 560	1 464	6.56%	0.14%
Total region			1 129 264	1 093 858	3.24%	100.00%

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Mon, 21/11/2022 - 10:48

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