| Top 10 Countries By Life And Nonlife Direct Premiums Written, 2024 (1) |
(US$ millions)
|
| |
|
|
|
Total premiums |
| Rank |
Country |
Life premiums |
Nonlife premiums (2) |
Amount |
Percent change
from prior year |
Percent of total
world premiums |
| 1 |
United States (3), (4), (5) |
$781,205 |
$2,715,509 |
$3,496,714 |
8.1% |
44.8% |
| 2 |
PR China |
443,553 |
348,063 |
791,616 |
9.4 |
10.2 |
| 3 |
United Kingdom (5) |
334,442 |
150,425 |
484,867 |
6.8 |
6.2 |
| 4 |
Japan (5), (6) |
257,952 |
80,938 |
338,890 |
-6.6 |
4.4 |
| 5 |
France (5) |
190,323 |
102,149 |
292,472 |
10.8 |
3.8 |
| 6 |
Germany (5) |
97,890 |
168,573 |
266,463 |
5.0 |
3.4 |
| 8 |
Canada (5), (7) |
74,449 |
106,138 |
180,587 |
4.7 |
2.3 |
| 9 |
Italy (5) |
126,950 |
52,913 |
179,863 |
14.6 |
2.3 |
| 7 |
South Korea (5), (6) |
77,656 |
98,033 |
175,689 |
-0.8 |
2.3 |
| 10 |
India (5), (6) |
104,839 |
36,322 |
141,161 |
4.0 |
1.8 |
(1) Before reinsurance transactions.
(2) Includes accident and health insurance.
(3) Nonlife premiums include private medical insurance.
(4) Nonlife premiums include state funds; life premiums are net premiums and are supplemented by estimated premiums for group pension business.
(5) Estimated or provisional.
(6) Financial year April 1, 2024 – March 31, 2025.
(7) Life premiums are net premiums.
Source: Swiss Re Institute, sigma, No. 2/2025. |
|