Magazine date:
Jul 2018 In millions USD
| Top 10 insurance markets in 2017 | Top 10 insurance markets in 2007 | 2007-2017 evolution | ||||
|---|---|---|---|---|---|---|
| Ranking | Country | Premiums | Ranking | Country | Premiums | |
| 1 | United States | 1 377 114 | 1 | United States | 1 229 668 | +11.99% |
| 2 | China | 541 446 | 10 | China | 92 487 | +485.43% |
| 3 | Japan | 422 050 | 3 | Japan | 424 832 | -0.65% |
| 4 | United Kingdom | 283 331 | 2 | United Kingdom | 463 686 | -38.89% |
| 5 | France | 241 603 | 4 | France | 268 900 | -10.15% |
| 6 | Germany | 222 978 | 5 | Germany | 222 825 | +0.07% |
| 7 | South Korea | 181 218 | 7 | South Korea | 116 990 | +54.90% |
| 8 | Italy | 155 509 | 6 | Italy | 142 328 | +9.26% |
| 9 | Canada | 119 520 | 9 | Canada | 100 398 | +19.04% |
| 10 | Taiwan* | 117 474 | - | Taiwan* | 60 446 | +94.35% |
Premiums of the top 10 markets | 3 662 243 | Premiums of the top 10 markets | 3 122 560 | +17.28% | ||
Rest of the world market | 1 229 451 | Rest of the world market | 938 310 | +31.03% | ||
Total world | 4 891 694 | Total world | 4 060 870 | +20.46% | ||
* In 12th position in 2007
Top 10 insurance markets worldwide in 2017
In millions USD| Life premiums | Non life premiums | Life and non life premiums | 2017 market shares | |
|---|---|---|---|---|
United States | 546 799 | 830 315 | 1 377 114 | 28.15% |
China | 317 570 | 223 876 | 541 446 | 11.07% |
Japan | 307 232 | 114 818 | 422 050 | 8.63% |
United Kingdom | 189 832 | 93 499 | 283 331 | 5.79% |
France | 153 520 | 88 083 | 241 603 | 4.94% |
Germany | 96 973 | 126 005 | 222 978 | 4.56% |
South Korea | 102 840 | 78 378 | 181 218 | 3.70% |
Italy | 113 947 | 41 562 | 155 509 | 3.18% |
Canada | 51 593 | 67 927 | 119 520 | 2.44% |
Taiwan | 98 601 | 18 873 | 117 474 | 2.40% |
Premiums of the top 10 markets | 1 978 907 | 1 683 336 | 3 662 243 | 74.86% |
Rest of the world market | 678 363 | 551 088 | 1 229 451 | 25.14% |
| Total world | 2 657 270 | 2 234 424 | 4 891 694 | 100% |
Top 10 insurance markets worldwide in 2007
In millions USD| Life premiums | Non life premiums | Life and non life premiums | 2007 market shares | |
|---|---|---|---|---|
United States | 578 357 | 651 311 | 1 229 668 | 30.28% |
United Kingdom | 349 740 | 113 946 | 463 686 | 11.42% |
Japan | 330 650 | 94 182 | 424 832 | 10.46% |
France | 186 993 | 81 907 | 268 900 | 6.62% |
Germany | 102 418 | 120 407 | 222 825 | 5.49% |
Italy | 88 216 | 54 112 | 142 328 | 3.51% |
South Korea | 81 298 | 35 692 | 116 990 | 2.88% |
Netherlands | 48 026 | 66 834 | 102 831 | 2.53% |
Canada | 45 593 | 54 805 | 100 398 | 2.47% |
China | 58 677 | 33 810 | 92 487 | 2.28% |
Premiums of the top 10 markets | 1 869 968 | 1 307 006 | 3 164 945 | 77.94% |
Rest of the world market | 523 122 | 523 122 | 895 925 | 22.06% |
| Total world | 2 393 090 | 1 667 780 | 4 060 870 | 100% |
Source: Sigma
