Magazine date:
Nov 2022 Figures in millions USD
Country | Turnover | 2020-2021 evolution | 2021 market shares | |
---|---|---|---|---|
2021 | 2021 | |||
China | 330 672 | 308 321 | 7.25% | 46.72% |
Japan | 107 741 | 113 777 | -5.31% | 15.22% |
South Korea | 91 142 | 87 032 | 4.72% | 12.88% |
Australia | 56 540 | 48 246 | 17.19% | 7.99% |
India | 30 296 | 27 221 | 11.30% | 4.28% |
Taiwan | 24 364 | 22 150 | 10.00% | 3.44% |
Thailand | 11 827 | 11 497 | 2.87% | 1.67% |
New Zealand | 9 889 | 8 927 | 10.78% | 1.40% |
Singapore | 9 806 | 9 683 | 1.27% | 1.39% |
Hong Kong | 8 490 | 8 260 | 2.78% | 1.20% |
Top 10 | 680 767 | 645 114 | 5.53% | 96.19% |
Indonesia | 6 206 | 5 595 | 10.92% | 0.88% |
Malaysia | 5 149 | 4 961 | 3.79% | 0.73% |
Vietnam | 2 515 | 2 440 | 3.07% | 0.35% |
Philippines | 1 960 | 1 699 | 15.36% | 0.28% |
Sri Lanka | 541 | 523 | 3.44% | 0.08% |
Bangladesh | 436 | 377 | 15.65% | 0.06% |
Macau | 371 | 345 | 7.54% | 0.05% |
Total | 697 945 | 661 054 | 5.58% | 98.62% |
Rest of the market | 9 800 | 9 150 | 7.10% | 1.38% |
Grand total | 707 745 | 670 204 | 5.60% | 100.00% |
Read also | Asia-Pacific insurance market in 2021 [4]