Magazine date:
Nov 2022 Figures in million USD
| Rank | Country | Turnover | 2020-2021 evolution | 2021 shares | ||
|---|---|---|---|---|---|---|
| Regional | Global | 2021 | 2020 | |||
| 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% | ||
Read also | Asia-Pacific insurance market in 2021 [4]
