Magazine date:
Jun 2018 Non life insurance recorded a 5.3% growth at 2 234 billion USD while the life insurance business reported a slight increase of 2.9% at 2 657 billion USD.
Global insurance in 2017 : evolution of life and non life insurance premiums (2016-2017)
In billion USD| 2017 | 2016 | 2017 shares | 2016/2017 evolution | |
|---|---|---|---|---|
Life premiums | 2 657.2 | 2 581.9 | 54.32% | 2.92% |
Non life premiums | 2 234.4 | 2 120.7 | 45.68% | 5.36% |
Total | 4 891.6 | 4 702.6 | 100% | 4.01% |
Global insurance in 2017 : evolution of life and non life insurance premiums per region (2016-2017)
In billion USD| 2017 | 2016 | 2017 shares | 2016/2017 evolution | |
|---|---|---|---|---|
North America | 1 496.6 | 1 463.3 | 30.6% | 2.27% |
Latin America and the Caribbean | 167.9 | 152.8 | 3.43% | 9.88% |
Europe | 1479.2 | 1448.8 | 30.24% | 2.09% |
Asia | 1530.6 | 1430.8 | 31.29% | 6.97% |
Middle East and Central Asia | 60.1 | 55.8 | 1.23% | 7.7% |
Africa | 66.7 | 59.4 | 1.36% | 12.29% |
Oceania | 90.5 | 91.9 | 1.85% | -1.52% |
Total World | 4 891.6 | 4 702.6 | 100% | 4.01% |
Global insurance in 2017 : evolution of life insurance premiums par region (2016-2017)
In billion USD| 2017 | 2016 | 2017 shares | 2016/2017 evolution | |
|---|---|---|---|---|
North America | 598.4 | 606.5 | 22.52% | -1.33% |
Latin America and the Caribbean | 78.2 | 70.21 | 2.94% | 11.38% |
Europe | 858 | 850.95 | 32.29% | 0.82% |
Asia | 1028.2 | 961.5 | 38.70% | 6.93% |
Middle East and Central Asia | 15.4 | 13.8 | 0.58% | 11.60% |
Africa | 44.9 | 39.46 | 1.69% | 13.78% |
Oceania | 34.1 | 39.48 | 1.28% | -13.62% |
Total World | 2 657.2 | 2 581.9 | 100% | 2.92% |
Global insurance in 2017 : evolution of non life insurance premiums per region (2016-2017)
In billion USD| 2017 | 2016 | 2017 shares | 2016/2017 evolution | |
|---|---|---|---|---|
North America | 898.2 | 856.8 | 40.20% | 4.83% |
Latin America and the Caribbean | 89.7 | 82.5 | 4.01% | 8.72% |
Europe | 621.2 | 597.9 | 27.80% | 3.89% |
Asia | 502.4 | 469.2 | 22.48% | 7.07% |
Middle East and Central Asia | 44.6 | 42.1 | 2.00% | 5.93% |
Africa | 21.8 | 19.9 | 0.98% | 9.54% |
Oceania | 56.5 | 52.5 | 2.53% | 7.62% |
Total World | 2 234.4 | 2 120.9 | 100% | 5.35% |
