Magazine date:
Nov 2022 Figures in million USD
| Rank | Country | Turnover | 2020-2021 evolution | 2021 shares | ||
|---|---|---|---|---|---|---|
| Regional | Global | 2021 | 2020 | |||
| 1 | 2 | China | 696 128 | 655 865 | 6.14% | 37.90% |
| 2 | 3 | Japan | 403 592 | 414 475 | -2.63% | 21.97% |
| 3 | 7 | South Korea | 193 008 | 190 085 | 1.54% | 10.51% |
| 4 | 10 | India | 126 975 | 111 911 | 13.46% | 6.91% |
| 5 | 11 | Taiwan | 113 423 | 113 304 | 0.11% | 6.18% |
| 6 | 14 | Australia | 72 576 | 62 825 | 15.52% | 3.95% |
| 7 | 15 | Hong Kong | 72 228 | 72 940 | -0.98% | 3.93% |
| 8 | 24 | Singapore | 44 158 | 36 706 | 20.30% | 2.40% |
| 9 | 28 | Thailand | 27 610 | 27 240 | 1.36% | 1.50% |
| 10 | 33 | Malaysia | 19 710 | 18 398 | 7.13% | 1.07% |
| Top 10 | 1 769 408 | 1 703 749 | 3.85% | 96.32% | ||
| 11 | 34 | Indonesia | 19 417 | 17 588 | 10.40% | 1.06% |
| 12 | 38 | New Zealand | 11 947 | 10 692 | 11.74% | 0.65% |
| 13 | 43 | Vietnam | 9 329 | 8 008 | 16.50% | 0.51% |
| 14 | 46 | Philippines | 7 950 | 6 441 | 23.43% | 0.43% |
| 15 | 51 | Macau | 4 538 | 4 189 | 8.33% | 0.24% |
| 16 | 60 | Bangladeshi | 1 990 | 1 747 | 13.91% | 0.11% |
| 17 | 80 | Sri Lanka | 1 061 | 1 032 | 2.81% | 0.06% |
| Total | 1 825 640 | 1 753 446 | 4.12% | 99.38% | ||
| Rest of the market | 11 359 | 10 616 | 7.00% | 0.62% | ||
| Total region | 1 836 999 | 1 764 062 | 4.13% | 100.00% | ||
Sources: Sigma (Swiss Re) and Atlas Magazine
Read also | Global insurance market [4]
