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 9th and 10th positions.
