2015
TABLE OF CONTENTS
To the Reader
About Axco Insurance Information Services
About Swiss Re
1
2
2
Chapter 1: World Overview
3
Chapter 2: World Rankings
12
Chapter 3: Country Profiles
16
Appendices
International Insurance Organizations
I.I.I. Staff
108
108
110
To The Reader
In response to the globalization of the insurance business and the need for readily available data
on world insurance, the Insurance Information Institute produces a Fact Book for international
insurance statistics.
We could not have undertaken this project without help from many organizations that collect
international insurance data. We are especially grateful for the generous assistance of Axco
Insurance Information Services (http://www.axcoinfo.com), a London-based insurance
information service, and Swiss Re (http://www.swissre.com), which publishes the international
research journal, sigma. The information included, which covers some 90 countries, comes from
a variety of other sources as well. We have attempted to standardize the information as much as
possible.
We hope you find this Fact Book useful.
Robert P. Hartwig, Ph.D., CPCU
President
Insurance Information Institute
110 William Street
New York, NY 10038
212 346-5500
http://www.iii.org
2015 International Insurance Fact Book
updates at www.iii.org/international/
1
About Axco Insurance Information Services
Axco Insurance Information Services is the leading supplier of global insurance and employee
benefits market information. With over 40 years’ experience in researching and delivering
insurance industry intelligence, Axco provides business-critical compliance and market data on
no-life, life and benefits, personal accident, healthcare and employee benefits markets across the
globe. Axco’s unique business model and methods of research have developed an extensive suite
of products comprising in-depth reports, focused profiles, Q&A databases, intelligent
questioning tools, and email services. Axco products are delivered to every corner of the globe
and Axco is committed to continually improving its technical capabilities, enhancing existing
products in both content and design, and developing new and innovative methods of
information delivery. From Argentina to Zambia, Axco secures information on a market by
market basis to deliver the most accurate, relevant and up-to-date information available to its
client base of the world’s foremost insurers, reinsurers, brokers, risk managers, catastrophe
modellers and employee benefits specialists.
For further information see http://www.axcoinfo.com.
About Swiss Re
Swiss Re is one of the world's leading reinsurers, operating through more than 70 offices in over
30 countries. The company has been in the reinsurance business since its foundation in Zurich,
Switzerland, in 1863. Through its three business groups Property & Casualty, Life & Health and
Financial Services, Swiss Re offers a wide variety of products to manage capital and risk.
Traditional reinsurance products, including a broad range of property and casualty as well as life
and health covers and related services, are complemented by insurance-based corporate finance
solutions and supplementary services for comprehensive risk management.
For further information see http://www.swissre.com.
2015 International Insurance Fact Book
updates at www.iii.org/international/
2
Chapter 1: World Overview
World Overview
WORLD LIFE AND NONLIFE INSURANCE IN 2013
Outside the United States, the insurance industry is divided into life and nonlife, or general insurance, rather than
life/health and property/casualty. World insurance premiums rose 1.4 percent in 2013, adjusted for inflation, following
a 2.5 percent inflation-adjusted increase in 2012, according to Swiss Re’s latest study of world insurance. Nonlife
premiums rose 2.3 percent in 2013, adjusted for inflation, following 2.7 percent growth in 2012. Life insurance
premiums grew by 0.7 percent after inflation in 2013, down from 2.3 percent inflation-adjusted growth in 2012.
In 2013 life and nonlife insurance premiums (excluding cross-border business) accounted for 6.3 percent of world
gross domestic product (GDP). Premiums accounted for 17.6 percent of GDP in Taiwan, the highest share in the
Swiss Re study, followed by 15.4 percent in South Africa, 13.2 percent in Hong Kong, 12.6 percent in the Netherlands
and 11.9 percent in South Korea. Premiums represented 7.5 percent of GDP in the United States, the 10th highest
share in the study.
WORLD LIFE AND NONLIFE INSURANCE
PREMIUMS, 2011-2013 (1)
(Direct premiums written, U.S. $ millions)
Year
Life
Nonlife (2)

Total
2011
$2,611,718
$1,954,445 $4,566,163
2012
2,630,274
1,968,677
4,598,951
2013
2,608,091
2,032,850
4,640,941
A 2012 Swiss Re study put global commercial
insurance premiums at $600 billion in 2010,
with the U.S. accounting for the largest share
($237 billion in direct premiums written),
followed by Japan ($35 billion), China ($31
billion), the United Kingdom ($28 billion) and
Germany ($27 billion).
(1) Before reinsurance transactions.
(2) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
TOP TEN COUNTRIES BY LIFE AND NONLIFE DIRECT PREMIUMS WRITTEN, 2013 (1)
(U.S. $ millions)
Total premiums
Rank
Country
1
United States (3), (4)
2
3
Life
premiums
Nonlife
premiums (2)
Amount
Percent change
from prior year
Percent of total
world premiums
$532,858
$726,397
$1,259,255
-1.1%
27.13%
Japan (5), (6)
422,733
108,773
531,506
-15.2
11.45
United Kingdom (6)
222,893
106,750
329,643
2.4
7.10
4
P.R. China (4)
152,121
125,844
277,965
13.3
5.99
5
France (7)
160,156
94,598
254,754
7.2
5.49
6
Germany (7)
114,349
132,813
247,162
6.3
5.33
7
Italy (4)
117,978
50,576
168,554
17.1
3.63
8
South Korea (5), (6)
91,204
54,223
145,427
-4.9
3.13
9
Canada (6), (8)
52,334
73,010
125,344
0.6
2.70
Netherlands (4)
26,005
75,135
101,140
5.5
2.18
10
(1) Before reinsurance transactions.
(2) Includes accident and health insurance.
(3) Nonlife premiums include state funds; life premiums include an estimate of group pension business.
2015 International Insurance Fact Book
updates at www.iii.org/international/
3
(4) Provisional.
(5) April 1, 2013-March 31, 2014.
(6) Estimated.
(7) Life premiums are estimated; nonlife premiums are provisional.
(8) Life premiums are net premiums.
Source: Swiss Re, sigma, No. 3/2014.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(Direct premiums written, U.S. $ millions)
Total premiums
Country
Nonlife
premiums (1)
Algeria
Angola
$1,342
Life
premiums
$98
Amount
Percent of total
world premiums
$1,440
0.03%
1,079
57
1,136
0.02
Argentina
13,957
3,359
17,317
0.37
Australia
32,667
45,641
78,309
1.69
Austria
13,456
8,596
22,052
0.48
Bahamas
539
154
693
0.01
Bahrain
515
173
688
0.01
Belarus
706
42
748
0.02
Belgium
16,578
22,430
39,008
0.84
Brazil
39,513
49,417
88,931
1.92
Bulgaria
947
183
1,129
0.02
Canada
73,010
52,334
125,344
2.70
Chile
4,726
6,986
11,712
0.25
Colombia
6,439
3,632
10,070
0.22
897
139
1,036
0.02
1,146
445
1,591
0.03
Costa Rica
Croatia
Cyprus
632
456
1,088
0.02
4,341
3,657
7,998
0.17
11,366
22,981
34,347
0.74
619
120
739
0.02
Ecuador
1,377
282
1,659
0.04
Czech Republic
Denmark
Dominican Republic
Egypt
1,051
800
1,851
0.04
Finland
5,243
22,363
27,606
0.59
France
94,598
160,156
254,754
5.49
132,813
114,349
247,162
5.33
3,116
2,143
5,259
0.11
Germany
Greece
Guatemala
544
135
679
0.01
Hong Kong
4,016
32,059
36,075
0.78
Hungary
1,566
1,938
3,504
0.08
13,401
52,174
65,576
1.41
4,254
14,141
18,395
0.40
India
Indonesia
2015 International Insurance Fact Book
updates at www.iii.org/international/
4
Total premiums
Country
Nonlife
premiums (1)
Life
premiums
Amount
Percent of total
world premiums
Iran
8,878
796
9,675
0.21
Ireland
8,851
46,929
55,780
1.20
Israel
6,170
7,329
13,499
0.29
50,576
117,978
168,554
3.63
437
246
683
0.01
108,773
422,733
531,506
11.45
620
66
686
0.01
Kazakhstan
1,292
372
1,664
0.04
Kenya
1,000
520
1,520
0.03
Kuwait
770
182
952
0.02
Italy
Jamaica
Japan
Jordan
1,005
469
1,475
0.03
Liechtenstein
Lebanon
992
2,643
3,635
0.08
Luxembourg
3,822
25,904
29,726
0.64
Malaysia
5,161
9,985
15,146
0.33
Malta
2,107
1,365
3,472
0.07
212
476
688
0.01
Mexico
14,884
12,470
27,354
0.59
Morocco
2,157
1,023
3,180
0.07
Namibia
279
664
944
0.02
75,135
26,005
101,140
2.18
Mauritius
Netherlands
New Zealand
9,219
1,694
10,913
0.24
Nigeria
1,406
457
1,863
0.04
Norway
10,238
13,909
24,147
0.52
Oman
859
88
947
0.02
Pakistan
619
1,048
1,667
0.04
Panama
965
280
1,244
0.03
Peru
1,806
1,548
3,354
0.07
Philippines
1,233
4,060
5,293
0.11
Poland
9,729
8,355
18,084
0.39
Portugal
5,118
14,087
19,205
0.41
125,844
152,121
277,965
5.99
Qatar
1,407
64
1,471
0.03
Romania
1,935
547
2,482
0.05
25,755
2,666
28,421
0.61
6,105
256
6,360
0.14
601
141
742
0.02
Singapore
2,870
15,092
17,962
0.39
Slovakia
1,398
1,343
2,741
0.06
PR China
Russia
Saudi Arabia
Serbia
2015 International Insurance Fact Book
updates at www.iii.org/international/
5
Total premiums
Nonlife
premiums (1)
Country
Life
premiums
Amount
Percent of total
world premiums
Slovenia
1,892
801
2,693
0.06
South Africa
9,565
44,556
54,121
1.17
South Korea
54,223
91,204
145,427
3.13
Spain
38,647
33,862
72,510
1.56
442
333
775
0.02
Sri Lanka
Sweden
10,614
30,865
41,478
0.89
Switzerland
28,370
34,227
62,597
1.35
Taiwan
15,964
75,013
90,977
1.96
6,663
14,798
21,461
0.46
572
349
921
0.02
Thailand
Trinidad and Tobago
Tunisia
699
131
830
0.02
Turkey
10,699
1,761
12,460
0.27
Ukraine
3,276
310
3,586
0.08
United Arab Emirates
6,026
1,933
7,959
0.17
United Kingdom
106,750
222,893
329,643
7.10
United States
726,397
532,858
1,259,255
27.13
865
348
1,213
0.03
13,290
444
13,733
0.30
1,131
984
2,115
0.05
10,084
3,069
13,154
0.28
$2,032,850 $2,608,091 $4,640,941
100.00%
Uruguay
Venezuela
Vietnam
Other
World
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
POPULATION BY COUNTRY, 2014
Country
Population (1)
Rank
Afghanistan
31,822,848
40
Algeria
38,813,722
33
Angola
19,088,106
58
Argentina
43,024,374
32
Australia
22,507,617
55
8,223,062
94
Austria
Azerbaijan
9,686,210
91
166,280,712
8
Belarus
9,608,058
92
Belgium
10,449,361
83
Benin
10,160,556
87
Bangladesh
2015 International Insurance Fact Book
updates at www.iii.org/international/
6
Country
Population (1)
Rank
Bolivia
10,631,486
81
Brazil
202,656,788
5
Burkina Faso
18,365,123
59
Burma
55,746,253
24
Burundi
10,395,931
85
Cambodia
15,458,332
68
Cameroon
23,130,708
53
Canada
34,834,841
37
Chad
11,412,107
76
Chile
17,363,894
64
China
1,355,692,576
1
Colombia
46,245,297
29
Congo, Democratic Republic of the
77,433,744
19
Cote d'Ivoire
22,848,945
54
Cuba
11,047,251
77
Czech Republic
10,627,448
82
Dominican Republic
10,349,741
86
Ecuador
15,654,411
67
Egypt
86,895,099
15
Ethiopia
96,633,458
13
France
66,259,012
21
Germany
80,996,685
17
Ghana
25,758,108
48
Greece
10,775,557
80
Guatemala
14,647,083
69
Guinea
11,474,383
75
Haiti
9,996,731
88
Honduras
8,598,561
93
Hungary
9,919,128
89
1,236,344,631
2
253,609,643
4
India
Indonesia
Iran
80,840,713
18
Iraq
32,585,692
39
7,821,850
98
61,680,122
23
Japan
127,103,388
10
Jordan
7,930,491
97
Israel
Italy
Kazakhstan
17,948,816
61
Kenya
45,010,056
30
Korea, North
24,851,627
49
Korea, South
49,039,986
26
2015 International Insurance Fact Book
updates at www.iii.org/international/
7
Country
Population (1)
Rank
Madagascar
23,201,926
52
Malawi
17,377,468
63
Malaysia
30,073,353
43
Mali
16,455,903
66
Mexico
120,286,655
11
Morocco
32,987,206
38
Mozambique
24,692,144
50
Nepal
30,986,975
41
Netherlands
16,877,351
65
Niger
17,466,172
62
Nigeria
177,155,754
7
Pakistan
196,174,380
6
Peru
30,147,935
42
107,668,231
12
Poland
38,346,279
34
Portugal
10,813,834
79
Romania
21,729,871
57
142,470,272
9
Philippines
Russia
Rwanda
12,337,138
73
Saudi Arabia
27,345,986
46
Senegal
13,635,927
72
7,209,764
100
Serbia
Somalia
10,428,043
84
South Africa
48,375,645
27
South Sudan
11,562,695
74
Spain
47,737,941
28
Sri Lanka
21,866,445
56
Sudan
35,482,233
36
Sweden
9,723,809
90
Switzerland
8,061,516
95
Syria
17,951,639
60
Taiwan
23,359,928
51
Tajikistan
8,051,512
96
Tanzania
49,639,138
25
Thailand
67,741,401
20
7,351,374
99
Tunisia
10,937,521
78
Turkey
81,619,392
16
Uganda
35,918,915
35
Ukraine
44,291,413
31
Togo
2015 International Insurance Fact Book
updates at www.iii.org/international/
8
Country
Population (1)
United Kingdom
Rank
63,742,977
22
318,892,103
3
Uzbekistan
28,929,716
44
Venezuela
28,868,486
45
Vietnam
93,421,835
14
Yemen
26,052,966
47
Zambia
14,638,505
70
Zimbabwe
13,771,721
71
United States
(1) Estimate for July 2014. Includes the 100 largest countries.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT BY COUNTRY, 2013
Country
Gross domestic product (1)
(U.S. $ billions)
Rank
Afghanistan
$45.3
100
Algeria
284.7
45
Angola
131.8
66
Argentina
771.0
22
Australia
998.3
17
Austria
361.0
37
Azerbaijan
100.4
75
Bangladesh
324.6
43
Belarus
150.4
62
Belgium
421.7
32
Bolivia
58.3
91
Brazil
2,422.0
7
Bulgaria
104.6
73
Burma
111.1
70
53.2
96
1,518.0
13
Chile
335.4
42
China
13,370.0
2
Colombia
526.5
28
Costa Rica
61.4
90
Croatia
78.9
83
Cuba
121.0
67
Czech Republic
285.6
44
Denmark
211.3
54
Dominican Republic
101.0
74
Ecuador
157.6
61
Cameroon
Canada
2015 International Insurance Fact Book
updates at www.iii.org/international/
9
Country
Egypt
El Salvador
Gross domestic product (1)
(U.S. $ billions)
Rank
551.4
27
47.5
97
Ethiopia
118.2
68
Finland
195.5
57
France
2,273.0
9
Germany
3,227.0
5
Ghana
90.4
77
Greece
267.1
50
Guatemala
81.5
79
Hong Kong
381.7
35
196.6
56
India
Hungary
4,962.0
3
Indonesia
1,285.0
15
Iran
987.1
18
Iraq
248.0
51
Ireland
190.4
58
274.5
48
Italy
Israel
1,805.0
11
Japan
4,729.0
4
243.6
52
Kazakhstan
Kenya
79.9
81
1,666.0
12
165.8
60
Lebanon
64.3
87
Libya
73.6
84
Lithuania
67.4
85
Macau
47.2
98
525.0
29
1,845.0
10
Morocco
180.0
59
Korea, South
Kuwait
Malaysia
Mexico
Netherlands
696.3
23
New Zealand
136.0
63
Nigeria
478.5
30
Norway
282.2
46
Oman
94.9
76
Pakistan
574.1
26
Panama
61.5
89
Paraguay
45.9
99
Peru
344.0
39
Philippines
454.3
31
2015 International Insurance Fact Book
updates at www.iii.org/international/
10
Country
Gross domestic product (1)
(U.S. $ billions)
Rank
Poland
814.0
21
Portugal
243.3
53
64.8
86
Qatar
198.7
55
Romania
280.7
47
2,553.0
6
927.8
19
80.5
80
Singapore
339.0
40
Slovakia
133.4
65
Puerto Rico
Russia
Saudi Arabia
Serbia
Slovenia
56.5
92
595.7
25
1,389.0
14
134.5
64
Sudan
90.0
78
Sweden
393.8
34
South Africa
Spain
Sri Lanka
Switzerland
370.3
36
Syria
107.6
72
Taiwan
926.4
20
Tanzania
79.3
82
Thailand
674.3
24
Tunisia
108.4
71
Turkey
1,167.0
16
Turkmenistan
55.2
94
Uganda
54.4
95
Ukraine
337.4
41
United Arab Emirates
269.8
49
2,378.0
8
16,720.0
1
United Kingdom
United States
Uruguay
56.3
93
Uzbekistan
112.6
69
Venezuela
407.4
33
Vietnam
358.9
38
Yemen
61.6
88
(1) Estimate. Based on Purchasing Power Parity calculations, which take into account the relative cost of living and inflation rates of
countries. Includes 100 largest countries based on 2013 GDP.
Source: U.S. Central Intelligence Agency.
2015 International Insurance Fact Book
updates at www.iii.org/international/
11
Chapter 2: World Rankings
World Rankings
TOP TEN GLOBAL INSURANCE COMPANIES BY REVENUES, 2013 (1)
($ billions)
Rank
Company
Revenues
Country
$182,150.0 U.S.
Industry
1
Berkshire Hathaway
2
AXA
165,893.5 France
Life/health
Property/casualty
3
Japan Post Holdings
152,125.8 Japan
Life/health
4
Allianz
134,636.1 Germany
Property/casualty
5
UnitedHealth Group
122,489.0 U.S.
Health
6
Assicurazioni Generali
115,224.4 Italy
Life/health
7
Munich Re Group
83,844.8 Germany
Property/casualty
8
Prudential
81,867.7 U.K.
Life/health
9
China Life Insurance
80,909.4 China
Life/health
10
Zurich Insurance Group
72,045.0 Switzerland Property/casualty
(1) Based on an analysis of companies in the Global Fortune 500. Includes stock and mutual companies.
Source: Fortune.
2015 International Insurance Fact Book
updates at www.iii.org/international/
12
THE TWENTY MOST COSTLY WORLD INSURANCE LOSSES, 2013 (1)
($ millions)
Rank
Date
Country
Insured loss in
U.S. dollars
Event
1
May 27
Germany, et al.
Floods
$4,134
2
Jul. 27
Germany, France
Hailstorms
3,838
3
Jun. 19
Canada
Floods
1,882
4
May 18
U.S.
Severe thunderstorms, tornadoes
(EF5 tornado in Moore, OK)
1,776
5
Mar. 18
U.S.
Thunderstorms, tornadoes, hail
1,615
6
Nov. 8
Phillipines, et al.
Typhoon Haiyan, storm surge
1,486
7
Oct. 27
Germany, et al.
Windstorm Christian (St. Jude)
1,471
8
May 28
U.S.
Severe thunderstorms, tornadoes,
large hail
1,425
9
Apr. 7
U.S.
Winter storm, ice, tornadoes, heavy
rains
1,204
10
Sep. 29
China, Japan
Typhoon Fitow
1,133
11
Apr. 2
Argentina
Large fire at refinery
12
Dec. 5
U.K., et al.
Windstorm Xaver
13
Jan. 21
Australia
Floods caused by cyclone Oswald
983
14
Sep. 13
Mexico
Hurricane Manuel
947
931
NA
1,034
15
Nov. 17
U.S.
Thunderstorms, tornadoes (2 EF4)
with winds up to 305 km/h
16
Apr. 10
U.S.
Collapse of pit wall at copper mine
due to landslide
NA
17
Sep. 4
China
Fire at major high-tech
semiconductor plant
NA
18
Jul. 8
Canada
Severe storms, flooding
888
19
Jun. 20
Germany
Hailstorms
827
20
Aug. 6
U.S.
Thunderstorms, hail, tornadoes
805
(1) Property and business interruption losses, excluding life and liability losses. Includes flood losses in the U.S. insured via the
National Flood Insurance Program. Loss data shown here may differ from figures shown elsewhere for the same event due to
differences in the date of publication, the geographical area covered and other criteria used by organizations collecting the data.
NA=data not available.
Source: Swiss Re, sigma, No. 1/2014; Property Claim Services (PCS), a Verisk Analytics company, insured losses for natural
catastrophes in the United States.
2015 International Insurance Fact Book
updates at www.iii.org/international/
13
THE TEN MOST COSTLY WORLD INSURANCE LOSSES, 1970-2013 (1)
($ millions)
Rank
Date
Country
U.S., Gulf of Mexico,
Bahamas, North Atlantic
Insured loss
in 2011 U.S.
dollars (2)
Event
Hurricane Katrina; storm surge, levee failure,
damage to oil rigs
1
Aug. 25, 2005
$80,373
2
Mar. 11, 2011 Japan
Earthquake (Mw 9.0) triggers tsunami:
aftershocks
37,665
3
Oct. 24, 2012 U.S., et al.
Hurricane Sandy, storm surge
36,890
4
Aug. 23, 1992 U.S., Bahamas
Hurricane Andrew: floods
27,594
5
Sep. 11, 2001 U.S.
Terror attacks on WTC, Pentagon
and other buildings
25,664
6
Jan. 17, 1994 U.S.
Northridge earthquake (M 6.6)
22,857
7
Sep. 6, 2008
U.S., Caribbean: Gulf of
Mexico et al.
Hurricane Ike; floods, offshore damage
22,751
8
Sep. 2, 2004
U.S., Caribbean; Barbados
Hurricane Ivan; damage to oil rigs
et al.
17,218
9
Jul. 27, 2011
Thailand
Floods caused by heavy monsoon rains
16,519
10
Feb. 22, 2011 New Zealand
Earthquake (Mw 6.3), aftershocks
16,142
(1) Property and business interruption losses, excluding life and liability losses. Includes flood losses in the United States insured via
the National Flood Insurance Program.
(2) Adjusted to 2013 dollars by Swiss Re.
Note: Loss data shown here may differ from figures shown elsewhere for the same event due to differences in the date of
publication, the geographical area covered and other criteria used by organizations collecting the data.
Source: Swiss Re, sigma, No. 2/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
14
Chapter 3: Country Profiles
Country Profiles
The country profiles that follow provides information on population, gross domestic product, insurance premiums and
leading insurers.
2015 International Insurance Fact Book
updates at www.iii.org/international/
15
Algeria
LEADING NONLIFE INSURANCE COMPANIES, 2011
Gross written premiums
Company
DZD Mn
INSURANCE ASSOCIATION
Le Conseil National des Assurances
Web: www.cna.dz
USD Mn
SAA
21,147.0
284.3
CAAT
14,637.0
196.8
CAAR
13,740.0
184.7
CASH
7,900.0
106.2
2011
34,994,937
CNMA
6,732.0
90.5
2012
35,406,303
CIAR
6,113.0
82.2
2013
38,087,812
Alliance
3,903.0
52.5
2014
38,813,722
2A
3,203.0
43.1
GAM
2,849.0
38.3
Salama
2,797.0
37.6
Source: Axco Insurance Information Services.
POPULATION, 2011-2014 (1)
Year
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
Year
LEADING LIFE INSURANCE COMPANIES, 2010
Gross written
premiums
SAA
1,500.0
20.2
CAAR
1,445.0
19.4
Cardif
715.0
9.6
CAAT
626.0
8.4
CIAR
600.0
8.1
CNMA
600.0
8.1
2A
300.0
4.0
Trust
150.0
2.0
CASH
SAA
52.0
0.7
1,500.0
20.2
Source: Axco Insurance Information Services.
Population
GDP
2009
$240.2
2010
244.3
2011
254.7
2012
264.1
2013
284.7
(1) Based on Purchasing Power Parity calculations, which take
into account the relative cost of living and inflation rates of
countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Nonlife premiums (1)
$1,342
Life premiums
98
Total premiums
$1,440
Percent of total world
premiums
0.03%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
16
Angola
LEADING NONLIFE INSURANCE COMPANIES, 2008
Gross written premiums
Company
AOA Mn
Institute of Insurance Supervision
Web: www.iss.gv.ao/
USD Mn
AAA Seguros
15,406.5
205.3
ENSA
11,530.8
153.7
1,405.3
18.7
GA Seguros
INSURANCE ASSOCIATION
POPULATION, 2011-2014 (1)
Year
Source: Axco Insurance Information Services.
LEADING LIFE INSURANCE COMPANIES, 2008
Gross written premiums
Company
AAA Seguros
ENSA
AOA Mn
Population
2011
13,338,541
2012
18,056,072
2013
18,565,269
2014
19,088,106
(1) Estimated.
Source: U.S. Central Intelligence Agency.
USD Mn
2,287.8
30.5
352.8
4.7
GROSS DOMESTIC PRODUCT, 2013 (1)
Source: Axco Insurance Information Services.
Year
GDP
2009
$114.6
2010
NA
2011
NA
2012
115.9
2013
131.8
(1) Based on Purchasing Power Parity calculations, which
take into account the relative cost of living and inflation rates
of countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Nonlife premiums (1)
$1,079
Life premiums
57
Total premiums
$1,136
Percent of total world
premiums
0.02%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
17
Argentina
LEADING NONLIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
Prevencion ART
ARS Mn
INSURANCE ASSOCIATION
Asociacion Argentina de Companias de Seguros
Web: www.aacs.org.ar
USD Mn
4,374.4
793.9
POPULATION, 2011-2014 (1)
Federacion Patronal
4,315.3
783.2
Caja Seguros
3,829.9
695.1
QBE La Buenos Aires
2,693.2
488.8
2011
41,769,726
Sancor
2,688.8
488.0
2012
42,192,494
Galeno ART
2,585.4
469.2
2013
42,610,981
Provincia ART
2,164.4
392.8
2014
43,024,374
Asociart ART
2,111.0
383.1
San Cristobal
2,074.5
376.5
MAPFRE Argentina
1,999.9
363.0
Year
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
Source: Axco Insurance Information Services.
Year
LEADING LIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
ARS Mn
USD Mn
Estrella Retiro
1,149.7
208.7
MetLife Seg de Vida
1,066.2
193.5
Cardif Seguros
986.5
179.0
GDP
2009
$585.0
2010
558.0
2011
596.0
2012
709.7
2013
771.0
(1) Based on Purchasing Power Parity calculations, which take
into account the relative cost of living and inflation rates of
countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
Caja de Seguros
947.2
171.9
Galicia Seguros
790.9
143.5
Nacion Seguros
742.2
134.7
Sancor
715.0
129.8
Provincia
579.4
105.2
HSBC NY Life Vida
535.3
97.2
Nonlife premiums (1)
BBVA Seguros
490.9
89.1
Life premiums
Source: Axco Insurance Information Services.
Population
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Total premiums
Percent of total world
premiums
$13,957
3,359
$17,317
0.37%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
18
Australia
INSURANCE ASSOCIATION
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
AUD Mn
USD
Mn
QBE Insurance (Australia)
Limited
4,166.7
4,314.2
Insurance Australia Limited
3,554.4
3,680.3
Allianz Australia Insurance
Limited
3,366.4
3,485.6
Insurance Manufacturers of
Australia PL
2,597.9
2,689.9
Australian Associated Motor
Insurers Limited
2,078.0
2,151.6
CGU Insurance Limited
2,045.0
2,117.4
GIO General Limited
1,706.0
1,766.5
Vero Insurance Limited
1,464.3
1,516.1
Wesfarmers General
Insurance Limited
1,235.9
1,279.7
Zurich Australian Insurance
Limited
1,225.5
1,268.9
Insurance Council of Australia
Web: www.insurancecouncil.com.au
POPULATION, 2011-2014 (1)
Year
2011
21,766,711
2012
22,015,576
2013
22,262,501
2014
22,507,617
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
Year
Source: Axco Insurance Information Services.
LEADING LIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
AUD Mn
USD Mn
MLC Limited
1,358.6
1,406.7
The Colonial Mutual Life
Assurance Society Limited
1,189.1
1,231.2
AMP Life Limited
1,113.2
1,152.7
OnePath Life Limited
1,038.6
1,075.4
Westpac Life Insurance
Services Limited
907.4
939.5
The National Mutual Life
Association of Australasia
Limited
896.1
927.8
AIA Australia Limited
771.3
798.6
TAL Life Limited
422.7
437.6
MetLife Insurance Limited
288.8
299.1
Suncorp Life &
Superannuation Limited
284.8
294.9
Population
GDP
2009
$824.9
2010
819.0
2011
889.6
2012
917.7
2013
998.3
(1) Based on Purchasing Power Parity calculations, which take
into account the relative cost of living and inflation rates of
countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Nonlife premiums (1)
Life premiums
Total premiums
Percent of total world
premiums
$32,667
45,641
$78,309
1.69%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
Source: Axco Insurance Information Services.
2015 International Insurance Fact Book
updates at www.iii.org/international/
19
Austria
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
EUR Mn
USD Mn
Generali Versicherung AG
1,170.6
1,504.0
Wiener Staedtische
Versicherung AG
1,000.2
1,285.1
UNIQA Osterreich
Versicherungen AG
993.1
1,276.0
Allianz Elementar
Versicherungs-AG
804.2
1,033.2
Donau Versicherung AG Vienna
Insurance Group
484.1
Zurich Versicherungs-AG
INSURANCE ASSOCIATION
Austrian Insurance Association
Verband der Versicherungsunternehmen Oesterreichs
Web: www.vvo.at
POPULATION, 2011-2014 (1)
Year
Population
2011
8,217,280
2012
8,219,743
622.0
2013
8,221,646
382.8
491.9
2014
8,223,062
Grazer Wechselseitige
Versicherung AG
300.8
386.5
OBEROSTERREICHISCHE
Versicherung AG
243.1
312.4
Niederosterreichische
Versicherung AG
206.0
264.7
HDI Versicherung AG
156.1
200.6
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
Year
Source: Axco Insurance Information Services.
LEADING LIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
EUR Mn
USD Mn
Sparkassen Versicherung AG
819.4
1,053.2
WIENER STÄDTISCHE
VERSICHERUNG AG
808.3
1,039.0
Generali Versicherung AG
685.4
881.0
FINANCE LIFE
Lebensversicherung AG
462.4
594.3
Raiffeisen Versicherung
452.0
580.9
Allianz Elementar
Lebensversicherungs-AG
418.1
537.5
Bank Austria Creditanstalt
Versicherung AG
412.9
530.8
UNIQA Österreich
Versicherungen AG
354.4
455.5
Wüstenrot Versicherungs-AG
293.3
377.0
Donau Versicherung AG Vienna
Insurance Group
250.4
321.8
Source: Axco Insurance Information Services.
2015 International Insurance Fact Book
GDP
2009
$325.0
2010
323.1
2011
332.6
2012
351.4
2013
361.0
(1) Based on Purchasing Power Parity calculations, which
take into account the relative cost of living and inflation rates
of countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Nonlife premiums (1)
Life premiums
Total premiums
Percent of total world
premiums
$13,456
8,596
$22,052
0.48%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
updates at www.iii.org/international/
20
Bahamas
LEADING NONLIFE INSURANCE COMPANIES, 2012
Bahamas General Insurance Association
Web: www.bahamasinsurance.org
Gross written
premiums
Company
USD Mn
Bahamas First General
INSURANCE ASSOCIATION
POPULATION, 2011-2014 (1)
103.9
RoyalStar Assurance
64.9
Year
Insurance Company of The
Bahamas
43.3
2011
313,312
Summit
35.6
2012
316,182
Security and General
25.4
2013
319,031
2014
321,834
ICWI Bahamas
3.0
Population
(1) Estimated.
Source: U.S. Central Intelligence Agency.
Source: Axco Insurance Information Services.
LEADING LIFE INSURANCE COMPANIES, 2008
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
Gross written premiums
Company
Year
USD Mn
Colina Imperial
147.4
Family Guardian
73.3
Atlantic Medical
67.5
British American
19.4
Generali Worldwide
17.5
Capital Life
6.6
Metlife
6.5
Laurentide
5.0
Sirius
2.0
Sagicor
0.8
Source: Axco Insurance Information Services.
GDP
2009
$9.2
2010
9.1
2011
8.9
2012
10.8
2013
11.4
(1) Based on Purchasing Power Parity calculations, which take
into account the relative cost of living and inflation rates of
countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Nonlife premiums (1)
$539
Life premiums
154
Total premiums
Percent of total world
premiums
$693
0.01%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 2/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
21
Bahrain
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
BHD Mn
INSURANCE ASSOCIATION
Bahrain Insurance Association
Web: www.bia-bh.com
USD Mn
Bahrain Kuwait
22.3
59.4
Axa
17.7
47.2
ACE
16.6
44.1
Takaful International
15.5
41.3
Bahrain National
15.0
39.9
Gulf Union
14.0
37.3
Solidarity General Takaful
11.8
31.3
Saudi National
11.4
30.4
Al Ahlia
11.2
29.8
T'azur
7.3
19.4
POPULATION, 2011-2014 (1)
Year
Population
2011
1,214,705
2012
1,248,348
2013
1,281,332
2014
1,314,089
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
Source: Axco Insurance Information Services.
Year
LEADING LIFE INSURANCE COMPANIES, 2012
Gross written
premiums
Company
BHD Mn
USD Mn
Life Insurance Corp.
21.4
56.8
2009
NA
2010
$28.0
2011
29.8
2012
30.8
2013
35.0
(1) Based on Purchasing Power Parity calculations, which take
into account the relative cost of living and inflation rates of
countries. GDP estimate for July for each year shown.
NA=Data not available.
Source: U.S. Central Intelligence Agency.
Alico
12.7
33.7
Zurich
9.8
26.0
Medgulf Takaful
7.0
18.7
Legal & General Gulf
Takaful
4.7
12.6
Bahrain National Life
2.1
5.7
Takaful International
1.3
3.5
Legal & General Gulf
0.6
1.5
T'azur
0.6
1.5
Nonlife premiums (1)
Arabia Insurance Company
0.1
0.1
Life premiums
Source: Axco Insurance Information Services.
GDP
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
$515
173
Total premiums
Percent of total world
premiums
$688
0.01%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
22
Bangladesh
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
BDT Mn
INSURANCE ASSOCIATION
Bangladesh Insurance Association
Web: www.bia-bd.org
USD Mn
Green Delta Insurance Co
Ltd
2,601.4
31.8
Sadharan Bima
Corporation
2,212.0
27.0
Pioneer Insurance Co Ltd
1,701.3
20.8
Reliance Insurance
Limited
1,486.3
18.2
Pragati Insurance Ltd
1,151.3
14.1
Rupali Insurance Co Ltd
759.5
9.3
Eastland Insurance Co Ltd
650.1
7.9
Phoenix Insurance Co Ltd
614.6
7.5
Bangladesh Gen Ins Co
Ltd
591.5
7.2
Continental Insurance Ltd
451.2
5.5
POPULATION, 2011-2014 (1)
Year
2011
158,570,535
2012
161,083,804
2013
163,654,860
2014
166,280,712
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
Year
Source: Axco Insurance Information Services.
LEADING LIFE INSURANCE COMPANIES, 2010
Gross written premiums
Company
MetLife Alico
BDT Mn
USD Mn
16,687.7
203.9
Fareast Islami Life
7,031.3
85.9
National Life
7,025.1
85.8
Popular Life
6,617.8
80.8
Delta Life
5,085.6
62.1
GDP
2009
$228.4
2010
242.2
2011
259.3
2012
282.5
2013
324.6
(1) Based on Purchasing Power Parity calculations, which
take into account the relative cost of living and inflation rates
of countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2011
(U.S. $ millions)
Meghna Life
4,011.8
49.0
Jiban Bima Corporation
3,199.9
39.1
Sandhani Life
2,249.0
27.5
Prime Islami Life
2,071.3
25.3
Nonlife premiums (1)
Progressive Life
1,714.1
20.9
Life premiums
Source: Axco Insurance Information Services.
Population
Direct premiums
written
$255
789
Total premiums
$1,044
Percent of total world
premiums
0.02%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2012.
2015 International Insurance Fact Book
updates at www.iii.org/international/
23
Belgium
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
EUR Mn
USD Mn
INSURANCE ASSOCIATION
Insurance Company Association
Assuralia
Web: www.assuralia.be
AXA Belgium
1,985.9
2,551.6
AG Insurance
1,744.8
2,241.8
Ethias
1,085.4
1,394.6
Year
CBC Assurances
892.6
1,146.8
2011
10,431,477
Baloise
681.3
875.3
2012
10,438,353
Belins
487.6
626.5
2013
10,444,268
DKV
443.3
569.6
2014
10,449,361
Allianz Belgium
405.2
520.6
Vivium
378.6
486.4
P&V
183.7
236.0
POPULATION, 2011-2014 (1)
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
Source: Axco Insurance Information Services.
Year
LEADING LIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
EUR Mn
USD Mn
AG Insurance
5,134.2
6,596.8
CBC Assurances
3,892.9
5,001.8
AXA Belgium
2,079.7
2,672.1
Belins
1,754.1
2,253.8
Ethias
1,235.8
1,587.8
Aras
845.5
1,086.3
Delta Lloyd Life
841.8
1,081.6
Allianz Belgium
823.1
1,057.6
ING Life
707.5
909.0
Vivium
610.2
784.0
Source: Axco Insurance Information Services.
Population
GDP
2009
$398.7
2010
381.4
2011
396.9
2012
412.0
2013
421.7
(1) Based on Purchasing Power Parity calculations, which
take into account the relative cost of living and inflation rates
of countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Nonlife premiums (1)
Life premiums
Total premiums
Percent of total world
premiums
$16,578
22,430
$39,008
0.84%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
24
Bermuda
LEADING NONLIFE AND REINSURANCE
COMPANIES, 2011 (1)
Bermuda Insurance Institute
Web: www.bii.bm
Gross written
premiums
Company
INSURANCE ASSOCIATION
USD Mn
ACE
15,387.0
POPULATION, 2011-2014 (1)
XL Capital
5,327.1
PartnerRe
4,647.8
Year
Catlin Group
3,611.6
2011
68,679
AXIS Capital Holdings
3,315.0
2012
69,080
Arch Capital Group
2,631.8
2013
69,467
Everest Reinsurance
(Bermuda)
2,024.4
2014
69,839
Endurance Specialty
Holdings
1,931.4
Aspen Insurance Holdings
1,889.0
Hiscox
1,837.7
(1) Includes life, nonlife and reinsurance.
Source: Axco Insurance Information Services.
Population
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
Year
GDP
2009
$4.5
2010
NA
2011
4.5
2012
4.5
2013
5.6
(1) Based on Purchasing Power Parity calculations, which
take into account the relative cost of living and inflation rates
of countries. GDP estimate for July for each year shown.
NA=Data not available.
Source: U.S. Central Intelligence Agency.
2015 International Insurance Fact Book
updates at www.iii.org/international/
25
Brazil
LEADING NONLIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
BRL Mn
USD Mn
Itau Seguros S.A.
4,985.7
2,312.4
Porto Seguro Companhia De
Seguros Gerais
4,792.2
2,222.6
MAPFRE Seguros Gerais
S.A.
3,982.1
1,846.9
Bradesco Auto/Re
Companhia De Seguros
3,976.7
1,844.4
Allianz Seguros S.A.
3,027.6
1,404.2
INSURANCE ASSOCIATION
Federacao Nacional das Empresas de Seguros Privados
e de Capitalizacao
Web: www.fenaseg.org.br
POPULATION, 2011-2014 (1)
Year
Sul America Companhia
Nacional De Seguros
2,927.1
1,357.6
Itau Seguros De Auto E
Residencia S.A.
2,182.1
1,012.1
HDI Seguros S.A.
2,161.2
1,002.4
CAIXA Seguradora S.A.
1,937.4
898.6
Zurich Minas Brasil Seguros
S.A.
1,822.2
845.2
2011
203,429,773
2012
205,716,890
2013
201,009,622
2014
202,656,788
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
Year
Source: Axco Insurance Information Services.
LEADING LIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
BRL Mn
USD Mn
Population
GDP
2009
$2,030.0
2010
2,024.0
2011
2,194.0
2012
2,284.0
2013
2,422.0
(1) Based on Purchasing Power Parity calculations, which take
into account the relative cost of living and inflation rates of
countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
Bradesco Vida E Previdencia
S.A.
19,550.7
9,067.7
Brasilprev Seguros E
Previdencia S.A.
18,046.5
8,370.0
Itau Vida E Previdencia S.A.
13,131.3
6,090.3
Zurich Santander Brasil
Seguros E Previdencia S.A.
3,795.1
1,760.2
CAIXA Vida E Previdencia
S.A.
3,529.4
1,637.0
Companhia De Seguros
Alianca Do Brasil
3,168.0
1,469.3
Itau Seguros S.A.
1,548.6
718.3
Total premiums
HSBC Vida E Previdencia
(Brasil) S.A.
1,375.1
637.8
Percent of total world
premiums
ICATU Seguros S.A.
1,322.5
613.4
CAIXA Seguradora S.A.
1,055.3
489.5
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Nonlife premiums (1)
Life premiums
$39,513
49,417
$88,931
1.92%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
Source: Axco Insurance Information Services
2015 International Insurance Fact Book
updates at www.iii.org/international/
26
Bulgaria
LEADING NONLIFE INSURANCE COMPANIES, 2013
Association of Bulgarian Insurers
Web: www.abz.bg
Gross written
premiums
Company
BGN Mn
INSURANCE ASSOCIATION
USD Mn
POPULATION, 2011-2014 (1)
Lev Ins
182.1
123.9
Armeec
177.3
120.6
BULSTRAD Vienna
Insurance Group
172.7
117.5
2011
7,093,635
DZI General Insurance
141.6
96.3
2012
7,037,935
Allianz Bulgaria
128.2
87.2
2013
6,981,642
2014
6,924,716
Euroins
118.4
80.5
Bul Ins
106.4
72.4
UNIQA
76.9
52.3
Victoria
68.8
46.8
Generali
55.3
37.6
Year
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
Source: Axco Insurance Information Services.
Year
LEADING LIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
BGN Mn
USD Mn
Allianz Bulgaria Life
68.6
46.6
Bulstrad Life VIG
46.2
31.4
UNIQA Life
32.8
22.3
DZI Life
30.5
20.7
UBB-Alico
26.4
18.0
SyVZK
25.4
17.3
Alico Bulgaria
19.9
13.5
GRAWE Bulgaria Life
19.1
13.0
Generali Life
10.5
7.1
9.2
6.3
Groupama Life
Population
Source: Axco Insurance Information Services.
GDP
2009
$95.9
2010
90.4
2011
92.2
2012
101.2
2013
104.6
(1) Based on Purchasing Power Parity calculations, which take
into account the relative cost of living and inflation rates of
countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Nonlife premiums (1)
$947
Life premiums
183
Total premiums
$1,129
Percent of total world
premiums
0.02%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
27
Canada
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
CAD Mn
INSURANCE ASSOCIATION
Insurance Bureau of Canada
Web: www.ibc.ca
USD Mn
Intact Insurance Company
5,347.9
5,352.3
Aviva Insurance Company of
Canada
2,753.4
2,755.6
Security National Insurance
Company
2,707.2
2,709.4
Wawanesa Mutual Insurance
Company (The)
2,477.9
2,479.9
Cooperators General Insurance
Company
2,095.3
2,097.0
Lloyd's Underwriters
2,094.0
2,095.7
Economical Mutual Insurance
Company
1,819.7
1,821.2
Royal & Sun Alliance Insurance
Company of Canada
1,600.4
1,601.7
State Farm Mutual Automobile
Insurance Company
1,341.0
1,342.0
Dominion of Canada General
Insurance Company (The)
1,273.5
1,274.6
POPULATION, 2011-2014 (1)
Year
2011
34,030,589
2012
34,300,083
2013
34,568,211
2014
34,834,841
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
Year
Source: Axco Insurance Information Services.
LEADING LIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
Great-West Life Assurance
Company (The)
CAD Mn
USD Mn
11,950.6
11,960.3
Manufacturers Life Insurance
Company (The)
8,752.2
8,759.3
Sun Life Assurance Company of
Canada
8,593.8
8,600.7
Canada Life Assurance
Company (The)
4,295.5
4,298.9
London Life Insurance Company
3,080.5
3,083.0
RBC Life Insurance Company
1,280.9
1,282.0
Standard Life Assurance
Company of Canada (The)
1,018.6
1,019.4
Empire Life Insurance Company
(The)
902.7
903.5
Transamerica Life Canada
805.2
805.9
Co-operators Life Insurance
Company
794.2
794.9
Population
GDP
2009
$1,336.0
2010
NA
2011
1,335.0
2012
1,389.0
2013
1,518.0
(1) Based on Purchasing Power Parity calculations, which
take into account the relative cost of living and inflation rates
of countries. GDP estimate for July for each year shown.
NA=Data not available.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Nonlife premiums (1)
Life premiums
Total premiums
Percent of total world
premiums
$73,010
52,334
$125,344
2.70%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
Source: Axco Insurance Information Services.
2015 International Insurance Fact Book
updates at www.iii.org/international/
28
Chile
LEADING NONLIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
CLP Mn
USD Mn
INSURANCE ASSOCIATION
The Chilean Insurance Association
Asociacion de Aseguradores de Chile
Web: http://portal.aach.cl/home.asp
RSA Seguros
280,390.5
566.1
Penta Security
211,698.7
427.4
BCI Seguros
210,095.0
424.2
Year
MAPFRE
206,830.7
417.6
2011
16,888,760
Liberty Seguros
169,649.4
342.5
2012
17,067,369
Magallanes
153,480.5
309.9
2013
17,216,945
BNP Paribas Cardif
124,282.3
250.9
2014
17,363,894
ACE Seguros
115,033.4
232.3
Chilena Consolidada
102,440.9
206.8
72,157.4
145.7
AIG Chile
POPULATION, 2011-2014 (1)
Population
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
Source: Axco Insurance Information Services.
Year
LEADING LIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
CLP Mn
USD Mn
MetLife
563,417.5
1,137.6
Chilena Consolidada
453,425.0
915.5
Consorcio Nacional
356,315.9
719.4
2009
$252.9
2010
244.3
2011
260.0
2012
281.0
2013
335.4
(1) Based on Purchasing Power Parity calculations, which
take into account the relative cost of living and inflation rates
of countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
Sura
277,249.3
559.8
CorpVida
276,300.6
557.9
BICE Vida
260,489.1
526.0
Penta Vida
221,512.2
447.3
Security Prevision
195,378.9
394.5
Principal
190,902.3
385.5
Nonlife premiums (1)
EuroAmerica
137,092.9
276.8
Life premiums
Source: Axco Insurance Information Services.
GDP
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Total premiums
Percent of total world
premiums
$4,726
6,986
$11,712
0.25%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
29
China, People's Republic of
LEADING NONLIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
CNY Mn
Insurance Association of China
Web: www.iachina.cn
USD Mn
PICC Propery and
Casualty
223,005.0
35,993.2
Ping An Property and
Casualty
115,365.0
18,620.0
CPIC Property
81,613.2
13,172.4
China Life Property and
Casualty
31,848.5
5,140.4
China United Property
29,711.5
4,795.5
China Continent Property
and Casualty
19,846.0
3,203.2
Sunshine Property and
Casualty
16,598.0
2,678.9
Sinosure (China Export
and Credit Insurance
Corporation)
14,031.2
2,264.6
Taiping General
10,799.8
1,743.1
9,951.0
1,606.1
Tianan Insurance
INSURANCE ASSOCIATION
POPULATION, 2011-2014 (1)
Year
2011
1,336,718,015
2012
1,343,239,923
2013
1,349,585,838
2014
1,355,692,576
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
Year
Source: Axco Insurance Information Services.
LEADING LIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
CNY Mn
USD Mn
$7,800.0
2010
8,791.0
2011
9,872.0
2012
11,300.0
2013
13,370.0
(1) Based on Purchasing Power Parity calculations, which
take into account the relative cost of living and inflation rates
of countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
326,719.9
52,732.9
Ping An Life
146,090.9
23,579.2
New China Life
103,639.8
16,727.6
China Pacific Life
95,101.2
15,349.4
PICC Life
75,273.4
12,149.2
Taikang Life
61,123.9
9,865.4
Nonlife premiums (1)
Taiping Life
51,852.8
8,369.1
Life premiums
China Post Life
23,037.2
3,718.2
Total premiums
Sino Life
22,242.8
3,590.0
Sunshine Life
15,755.8
2,543.0
Percent of total world
premiums
2015 International Insurance Fact Book
GDP
2009
China Life
Source: Axco Insurance Information Services.
Population
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
$125,844
152,121
$277,965
5.99%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
updates at www.iii.org/international/
30
Colombia
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
Suramericana
COP Mn
USD Mn
INSURANCE ASSOCIATION
The Colombian Association of Insurance Agents
Asociacion Colombiana de Agentes de Seguros
Web: www.acoas.com.co
1,298,712.5
722.8
Colpatria
772,205.9
429.7
Liberty
730,081.2
406.3
Allianz
717,546.3
399.3
2011
44,725,543
Estado
595,809.8
331.6
2012
45,239,079
MAPFRE
583,298.5
324.6
2013
45,745,783
Previsora
580,698.5
323.2
2014
46,245,297
Bolivar
480,588.2
267.5
QBE
480,134.4
267.2
RSA
366,756.3
204.1
Source: Axco Insurance Information Services.
POPULATION, 2011-2014 (1)
Year
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
LEADING LIFE INSURANCE COMPANIES, 2012
Year
Gross written premiums
Company
Suramericana
Bolivar
COP Mn
Population
USD Mn
GDP
2009
$407.2
2010
400.3
2011
431.9
1,743,500.0
970.3
2012
467.0
889,400.7
495.0
2013
526.5
MAPFRE
783,014.8
435.8
Alfa
766,401.1
426.5
ARP Sura
576,066.4
320.6
Positiva
528,948.6
294.4
Allianz
436,242.9
242.8
Colmena
372,007.2
207.0
Colpatria
367,485.2
204.5
BBVA Seguros
189,228.2
105.3
Source: Axco Insurance Information Services.
(1) Based on Purchasing Power Parity calculations, which
take into account the relative cost of living and inflation rates
of countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Nonlife premiums (1)
Life premiums
Total premiums
Percent of total world
premiums
$6,439
3,632
$10,070
0.22%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014
2015 International Insurance Fact Book
updates at www.iii.org/international/
31
Costa Rica
LEADING NONLIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
INS
CRC Mn
466.3
17,521.7
35.1
MAPFRE Seguros Costa
Rica
5,420.4
10.9
Qualitas Compania de
Seguros (Costa Rica)
2,916.2
5.8
Aseguradora del Istmo
(ADISA)
607.7
1.2
Aseguradora Sagicor
Costa Rica
187.8
0.4
69.8
0.1
Oceánica de Seguros S.A
Instituto Nacional de Seguros
Web: www.ins-cr.com
USD
Mn
233,040.3
ASSA Compania de
Seguros
INSURANCE ASSOCIATION
POPULATION, 2011-2014 (1)
Year
Population
2011
4,576,562
2012
4,636,348
2013
4,695,942
2014
4,755,234
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
Source: Axco Insurance Information Services.
Year
LEADING LIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
INS
CRC Mn
USD
Mn
GDP
2009
$49.7
2010
48.2
2011
51.6
2012
54.5
2013
61.4
(1) Based on Purchasing Power Parity calculations, which
take into account the relative cost of living and inflation rates
of countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
229,157.1
458.5
PAN AMERICAN Life
Insurance
14,341.8
28.7
Aseguradora del Istmo
(ADISA)
6,008.4
12.0
MAPFRE Seguros Costa
Rica
3,383.0
6.8
Seguros del Magisterio
2,130.6
4.3
ASSA Compania de
Seguros
1,243.6
2.5
Atlantic Southern
Insurance Company
904.3
1.8
Best Meridian Insurance
Company
648.2
1.3
Total premiums
$1,036
Aseguradora Sagicor
Costa Rica
0.02%
248.5
0.5
Percent of total world
premiums
Source: Axco Insurance Information Services.
2015 International Insurance Fact Book
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Nonlife premiums (1)
$897
Life premiums
139
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
updates at www.iii.org/international/
32
Croatia
LEADING NONLIFE INSURANCE COMPANIES, 2013
Croatian Insurance Bureau
Hrvatski Ured Za Osiguranje
Web: www.huo.hr
Gross written
premiums
Company
Croatia
HRK Mn
INSURANCE ASSOCIATION
USD Mn
2,269.0
397.7
Euroherc
970.3
170.1
Allianz Zagreb
708.1
124.1
Jadransko
626.1
109.8
Triglav
290.7
51.0
Wiener Vienna Insurance
Group
282.1
49.5
Generali
245.9
43.1
Basler osig. Zagreb
209.6
36.7
HOK
195.9
34.3
Uniqa
150.7
26.4
POPULATION, 2011-2014 (1)
Year
Population
2011
4,483,804
2012
4,480,043
2013
4,475,611
2014
4,470,534
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
Source: Axco Insurance Information Services.
Year
LEADING LIFE INSURANCE COMPANIES, 2013
Gross written
premiums
Company
HRK Mn
USD Mn
Allianz Zagreb
471.4
82.6
GDP
2009
$73.4
2010
79.2
2011
78.5
2012
80.9
2013
78.9
(1) Based on Purchasing Power Parity calculations, which take
into account the relative cost of living and inflation rates of
countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
Croatia
356.1
62.4
Wiener Vienna Insurance
Group
270.2
47.4
Grawe Hrvatska
246.0
43.1
Merkur
243.5
42.7
Agram zivotno
205.6
36.0
Basler osig. Zagreb
192.3
33.7
Erste VIG
139.3
24.4
Nonlife premiums (1)
Uniqa
127.3
22.3
Life premiums
Generali
119.9
21.0
Total premiums
$1,591
Percent of total world
premiums
0.03%
Source: Axco Insurance Information Services.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
$1,146
445
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
33
Cyprus
LEADING NONLIFE INSURANCE COMPANIES, 2013
Insurance Association of Cyprus
Web: www.iac.org.cy
Gross written
premiums
Company
EUR Mn
General Insurance of
Cyprus
56.2
INSURANCE ASSOCIATION
USD Mn
POPULATION, 2011-2014 (1)
74.7
Year
Population
CNP Asfalistiki
54.1
71.8
2011
1,120,489
Pancyprian
31.7
42.0
2012
1,138,071
Universal Life
30.3
40.3
2013
1,155,403
Atlantic
24.0
31.8
2014
1,172,458
AIG
23.5
31.2
Cosmos
20.1
26.7
Trust
18.1
24.1
Alpha
15.2
20.1
Prime
14.9
19.8
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
Year
Source: Axco Insurance Information Services.
LEADING LIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
EUR Mn
USD Mn
Eurolife
90.7
120.4
CNP Cyprialife
81.0
107.6
Universal Life
45.5
60.4
Metlife Alico
25.0
33.2
Prime
22.8
30.3
Allianz Hellas
20.6
27.4
Alpha
15.1
20.0
Hellenic Alico
11.4
15.2
Ethniki Insurance
5.8
7.7
Minerva
1.4
1.8
Source: Axco Insurance Information Services.
GDP
2009
$23.1
2010
22.9
2011
23.2
2012
23.8
2013
21.6
(1) Based on Purchasing Power Parity calculations, which take
into account the relative cost of living and inflation rates of
countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Nonlife premiums (1)
$632
Life premiums
456
Total premiums
$1,088
Percent of total world
premiums
0.02%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
34
Czech Republic
LEADING NONLIFE INSURANCE COMPANIES, 2013
INSURANCE ASSOCIATION
Czech Insurance Association
Ceska Asociace Pojistoven
Web: www.cap.cz
Gross written
premiums
CZK Mn
USD
Mn
Ceska pojistovna as
18,430.9
941.8
Kooperativa, pojistovna, as
15,734.2
804.0
Allianz pojistovna, as
7,168.7
366.3
2011
10,190,213
Generali Pojistovna as
5,022.3
256.6
2012
10,177,300
Ceska podnikatelska
pojistovna, as
4,693.3
239.8
2013
10,162,921
2014
10,627,448
CSOB Pojistovna, as, clen
holdingu CSOB
4,423.7
226.0
UNIQA pojistovna, as
4,311.2
220.3
BNP Paribas Cardif
Pojistovna, as
2,025.8
103.5
AXA pojistovna as
757.0
38.7
Triglav pojistovna,as
734.9
37.6
Company
POPULATION, 2011-2014 (1)
Year
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
Year
Source: Axco Insurance Information Services.
LEADING LIFE INSURANCE COMPANIES, 2013
Gross written
premiums
Company
Ceska pojistovna as
CZK Mn
USD
Mn
10,418.9
532.4
Kooperativa, pojistovna, as
6,643.4
339.5
Pojistovna ceske sporitelny, as
5,988.9
306.0
ING zivotni pojistovna NV,
pobocka pro ceskou republiku
4,857.6
248.2
CSOB Pojistovna, as, clen
holdingu CSOB
2,982.4
152.4
Allianz pojistovna, as
2,946.2
150.5
Generali Pojistovna as
2,798.8
143.0
MetLife pojistovna as
2,416.8
123.5
Komercni pojistovna, as
1,541.8
78.8
AXA zivotni pojistovna as
1,441.4
73.7
Population
GDP
2009
$273.7
2010
256.7
2011
262.8
2012
272.2
2013
285.6
(1) Based on Purchasing Power Parity calculations, which
take into account the relative cost of living and inflation rates
of countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Nonlife premiums (1)
Life premiums
$4,341
3,657
Total premiums
$7,998
Percent of total world
premiums
0.17%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
Source: Axco Insurance Information Services.
2015 International Insurance Fact Book
updates at www.iii.org/international/
35
Denmark
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
Tryg Skade
DKK Mn
USD Mn
INSURANCE ASSOCIATION
Danish Insurance Association
Forsikring & Pension
Web: www.forsikringogpension.dk
20,202.6
3,487.7
Codan Forsikring
7,906.1
1,364.9
Topdanmark
6,428.6
1,109.8
Alm. Brand Forsikring
4,766.8
822.9
2011
5,529,888
Sygeforsikring Danmark
2,711.3
468.1
2012
5,543,453
LB Forsikring
2,273.5
392.5
2013
5,556,452
Danske Forsikring
1,864.2
321.8
2014
5,569,077
Alka
1,857.6
320.7
GF-Forsikring
1,536.5
265.3
Alpha Insurance
1,462.0
252.4
POPULATION, 2011-2014 (1)
Year
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
Source: Axco Insurance Information Services.
Year
LEADING LIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
DKK Mn
USD Mn
PFA Pension
20,221.3
3,491.0
Danica Pension
16,638.2
2,872.4
Nordea Liv & Pension A/S
13,959.4
2,409.9
GDP
2009
$213.6
2010
197.7
2011
201.4
2012
208.8
2013
211.3
(1) Based on Purchasing Power Parity calculations, which
take into account the relative cost of living and inflation rates
of countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
PensionDanmark
10,653.5
1,839.2
SAMPENSION KP
Livforsikring
7,836.6
1,352.9
Industriens
Pensionsforsikring
6,999.3
1,208.4
AP Pension
6,876.9
1,187.2
Pen-Sam Liv
4,980.7
859.9
SEB Pensionsforsikring
4,362.5
753.1
Nonlife premiums (1)
Laerernes Pension
4,224.2
729.3
Life premiums
Source: Axco Insurance Information Services.
Population
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Total premiums
Percent of total world
premiums
$11,366
22,981
$34,347
0.74%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
36
Dominican Republic
INSURANCE ASSOCIATION
LEADING NONLIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
DOP Mn
USD Mn
Universal
6,086.3
145.6
Banreservas
3,804.3
91.0
MAPFRE
3,516.5
84.1
Dominican Association of Insurers and Reinsurers
Camara Dominicana de Aseguradores y
Reaseguradores Inc.
Web: www.cadoar.org.do
POPULATION, 2011-2014 (1)
Year
Population
Sura
2,708.1
64.8
2011
9,956,648
Colonial
2,443.3
58.4
2012
10,088,598
Constitucion
1,252.0
30.0
2013
10,219,630
Monumental
644.4
15.4
2014
10,349,741
Pepin
592.5
14.2
General
271.4
6.5
Dominicana
248.5
5.9
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
Source: Axco Insurance Information Services.
Year
LEADING LIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
DOP Mn
USD Mn
Universal
2,400.8
57.4
Banreservas
1,081.9
25.9
MAPFRE
954.0
22.8
Colonial
768.6
18.4
Scotia Seguros
750.3
18.0
Worldwide
679.7
16.3
Sura
368.6
8.8
Vivir (Unido)
176.8
4.2
BMI
132.7
3.2
Constitucion
129.3
3.1
Source: Axco Insurance Information Services.
GDP
2009
$83.3
2010
78.9
2011
84.9
2012
93.2
2013
101.0
(1) Based on Purchasing Power Parity calculations, which
take into account the relative cost of living and inflation rates
of countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Nonlife premiums (1)
$619
Life premiums
120
Total premiums
Percent of total world
premiums
$739
0.02%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
37
Ecuador
LEADING NONLIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
INSURANCE ASSOCIATION
Asociacion de Companias de Seguros del Ecuador
Web: www.acose.org
USD Mn
Equinoccial
235.3
Colonial
199.5
Sucre
187.5
Year
ACE Seguros
185.8
2011
15,007,343
MAPFRE-ATLAS
83.0
2012
15,223,680
AIG Metropolitana
79.9
2013
15,439,429
Liberty Seguros
73.8
2014
15,654,411
Seguros Unidos
67.3
Aseguradora Del Sur
58.4
Latina Seguros
55.5
Source: Axco Insurance Information Services.
POPULATION, 2011-2014 (1)
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
LEADING LIFE INSURANCE COMPANIES, 2013
Year
Gross written premiums
Company
Population
USD Mn
GDP
2009
$107.0
2010
107.1
2011
115.3
Seguros De Pichincha
99.8
2012
124.8
Equivida
50.3
2013
157.6
ACE Seguros
30.1
Pan American Life
Insurance
25.8
Ecuatoriano Suiza
21.0
Sucre
20.8
Liberty Seguros
19.3
Colvida
18.7
Coopseguros
12.3
AIG Metropolitana
11.1
Source: Axco Insurance Information Services.
(1) Based on Purchasing Power Parity calculations, which take
into account the relative cost of living and inflation rates of
countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Nonlife premiums (1)
$1,377
Life premiums
282
Total premiums
$1,659
Percent of total world
premiums
0.04%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
38
Egypt
LEADING NONLIFE INSURANCE COMPANIES, 2012
Insurance Federation of Egypt
Web: www.ifegypt.org
Gross written
premiums
Company
Misr
EGP Mn
INSURANCE ASSOCIATION
USD Mn
3,290.9
543.4
Suez Canal
384.0
63.4
Arab Misr
301.4
49.8
Bupa International Egypt
270.7
44.7
AIG Egypt
257.8
42.6
Allianz Egypt
239.3
39.5
Egyptian Takaful
220.5
36.4
Delta
215.6
35.6
Royal
211.0
34.8
Egyptian Saudi Insurance
House
158.5
26.2
POPULATION, 2011-2014 (1)
Year
2011
82,079,636
2012
83,688,164
2013
85,294,388
2014
86,895,099
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
Source: Axco Insurance Information Services.
Year
LEADING LIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
EGP Mn
USD Mn
Misr Life
1,684.8
278.2
CIL
1,069.6
176.6
Allianz Life
953.4
157.4
Pharaonic American Life
(MetLife Alico)
288.6
47.7
Suez Canal
194.5
32.1
NSGB Life
154.3
25.5
Delta
124.8
20.6
Egyptian Life Takaful
85.5
14.1
Mohandes
59.8
9.9
8.6
1.4
Nile Family Takaful
Source: Axco Insurance Information Services.
Population
GDP
2009
$452.5
2010
470.4
2011
500.9
2012
515.4
2013
551.4
(1) Based on Purchasing Power Parity calculations, which take
into account the relative cost of living and inflation rates of
countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Nonlife premiums (1)
$1,051
Life premiums
800
Total premiums
$1,851
Percent of total world
premiums
0.04%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
39
El Salvador
INSURANCE ASSOCIATION
LEADING INSURANCE COMPANIES, 2012
Gross written
premiums
Company
USD Mn
Asociacion Salvadorena de Empresas de Seguros
Web: www.ases.com.sv
POPULATION, 2011-2014 (1)
SISA VIDA, Seguros de
Personas
74.2
Aseguradora Agricola
Comercial SA (ACSA)
73.8
La Centro Americana
61.5
ASESUISA VIDA, Seguros de
Personas
58.5
Year
Population
2011
6,071,774
2012
6,090,646
2013
6,108,590
2014
6,125,512
(1) Estimated.
Source: U.S. Central Intelligence Agency.
Seguros e Inversiones
38.9
Aseguradora Suiza
Salvadorena
35.6
CHARTIS VIDA, Seguros de
Personas
32.2
Scotia Seguros
32.2
Year
Pan American Life Insurance
20.5
2009
NA
Seguros Comerciales Bolivar
19.1
2010
$43.2
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
Source: Axco Insurance Information Services.
GDP
2011
44.0
2012
44.8
2013
47.5
(1) Based on Purchasing Power Parity calculations, which take
into account the relative cost of living and inflation rates of
countries. GDP estimate for July for each year shown.
NA=Data not available.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2010
(U.S. $ millions)
Direct premiums
written
Nonlife premiums (1)
$364
Life premiums
188
Total premiums
Percent of total world
premiums
$552
0.01%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 2/2011.
2015 International Insurance Fact Book
updates at www.iii.org/international/
40
Finland
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
EUR Mn
INSURANCE ASSOCIATION
Federation of Finnish Insurance Companies
Web: www.vakes.fi
USD Mn
Pohjola
990.1
1,272.1
If P&C
924.7
1,188.1
Tapiola
680.3
874.1
Year
Fennia
375.6
482.6
2011
5,259,250
Mutual Insurance
Associations
213.5
274.4
2012
5,262,930
2013
5,266,114
2014
5,268,799
Lahivakuutus (Local
Insurance Mutual
Company)
148.2
190.4
AVakuutus Oy
100.0
128.5
Pohjantahti
87.9
113.0
Turva
84.0
107.9
Aktia
71.2
91.5
POPULATION, 2011-2014 (1)
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
Source: Axco Insurance Information Services.
Year
LEADING LIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
Nordea Life
EUR Mn
USD Mn
1,184.7
1,522.2
Mandatum Life
947.0
1,216.8
OP Life
840.7
1,080.1
Tapiola Life
326.4
419.4
Aktia Life
111.3
143.0
Fennia Life
90.5
116.3
Duo
67.5
86.8
Kaleva
57.4
73.8
Suomi
56.4
72.4
Aurum
45.0
57.8
Source: Axco Insurance Information Services.
Population
GDP
2009
$201.2
2010
181.4
2011
187.6
2012
195.6
2013
195.5
(1) Based on Purchasing Power Parity calculations, which
take into account the relative cost of living and inflation rates
of countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Nonlife premiums (1)
$5,243
Life premiums
22,363
Total premiums
Percent of total world
premiums
$27,606
0.59%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
41
France
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
EUR Mn
USD Mn
Covéa (MAAF, MMA,
GMF)
9,600.0
12,334.7
GROUPAMA
8,000.0
10,278.9
SFEREN
7,800.0
10,021.9
INSURANCE ASSOCIATION
Insurance Federation
Federation Française des Societes d'Assurances
Web: www.ffsa.fr
POPULATION, 2011-2014 (1)
Year
Population
AXA
6,800.0
8,737.1
2011
65,312,249
Allianz France
5,700.0
7,323.7
2012
65,630,692
GENERALI France
4,300.0
5,524.9
2013
65,951,611
Groupe Crédit Agricole
Assurance
2,500.0
3,212.2
2014
66,259,012
BNP Paribas Cardif
670.0
860.9
Société Générale
Insurance
400.0
513.9
Covéa (MAAF, MMA,
GMF)
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
9,600.0
12,334.7
Year
Source: Axco Insurance Information Services.
LEADING LIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
EUR Mn
USD Mn
2009
$2,097.0
2010
2,113.0
2011
2,160.0
2012
2,214.0
2013
2,273.0
(1) Based on Purchasing Power Parity calculations, which
take into account the relative cost of living and inflation rates
of countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
CNP Assurances
21,500.0
27,624.5
Groupe Credit Agricole
Assurances
16,200.0
20,814.8
AXA
14,400.0
18,502.0
BNP Paribas Cardif
10,200.0
13,105.6
Generali France
9,400.0
12,077.7
SOGECAP
8,400.0
10,792.8
Allianz France
7,900.0
10,150.4
Covea (MAAF, MMA,
GMF)
3,600.0
4,625.5
Groupama
3,200.0
4,111.6
Total premiums
SFEREN
2,600.0
3,340.6
Percent of total world
premiums
Source: Axco Insurance Information Services.
GDP
LIFE AND NO NLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Nonlife premiums (1)
$93,112
Life premiums
149,346
$242,459
5.26%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
42
Germany
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
EUR Mn
USD Mn
INSURANCE ASSOCIATION
German Insurance Association
Gesamtverband der Deutschen
Versicherungswirtschaft eV
Web: www.gdv.de
Allianz Vers
9,046.0
11,622.9
AXA Vers
3,694.0
4,746.3
R+V Allgemeine Vers
3,143.0
4,038.3
HDIGerling Industrie
3,032.0
3,895.7
Allianz Global Ag
2,964.0
3,808.3
2011
81,471,834
81,305,856
POPULATION, 2011-2014 (1)
Year
Population
Ergo Versicherung
2,719.0
3,493.5
2012
LVM Sach
1,757.0
2,257.5
2013
81,147,265
Generali Versicherung
1,706.0
2,192.0
2014
80,996,685
Wuertt Vers
1,477.0
1,897.7
PensionsSicherungsV
1,474.0
1,893.9
Source: Axco Insurance Information Services.
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
LEADING LIFE INSURANCE COMPANIES, 2012
Year
Gross written premiums
Company
Allianz leben
R+V Lebensvers
EUR Mn
USD Mn
GDP
2009
$2,863.0
2010
2,812.0
2011
2,960.0
14,558.0
18,705.0
2012
3,085.0
4,725.0
6,071.0
2013
3,227.0
AachenMuenchener Leben
4,479.0
5,754.9
Generali Leben
4,053.0
5,207.6
Zurich Dtsch. Herold
3,713.0
4,770.7
Debeka Leben
3,513.0
4,513.7
Ergo Leben Ag
3,253.0
4,179.7
Cosmos Leben
2,791.0
3,586.1
Nuernbgerger Leben
2,383.0
3,061.8
Bayern-Versicherung
2,282.0
2,932.1
Source: Axco Insurance Information Services.
(1) Based on Purchasing Power Parity calculations, which
take into account the relative cost of living and inflation rates
of countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Nonlife premiums (1)
Life premiums
Total premiums
Percent of total world
premiums
$132,813
114,349
$247,162
5.33%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
43
Greece
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
EUR Mn
INSURANCE ASSOCIATION
Association of Insurance Companies of Greece
Web: www.eaee.gr/cms/
USD Mn
Ethniki
295.4
379.6
Interamerican Property
220.8
283.7
Intersalonika General
152.8
196.4
Year
ERGO General
136.2
175.1
2011
10,760,136
ATE Insurance
132.0
169.6
2012
10,767,827
European Reliance
130.9
168.2
2013
10,772,967
Idrogios General
122.6
157.6
2014
10,775,557
AXA
119.9
154.1
Allianz Hellas
113.8
146.2
Groupama Phoenix
107.8
138.5
Source: Axco Insurance Information Services.
POPULATION, 2011-2014 (1)
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
LEADING LIFE INSURANCE COMPANIES, 2012
Year
Gross written premiums
Company
EUR Mn
Population
USD Mn
GDP
2009
$351.3
2010
339.2
2011
321.7
Ethniki
335.5
431.1
2012
305.6
ING Life
306.9
394.4
2013
267.1
MetLife Alico Life
263.1
338.1
Eurolife ERB Life
242.0
310.9
Interamerican Life
200.3
257.4
Credit Agricole Life
160.4
206.1
88.6
113.9
Allianz Hellas
AXA
74.8
96.1
Groupama Phoenix
60.1
77.2
Generali Hellas
58.1
74.7
Source: Axco Insurance Information Services.
(1) Based on Purchasing Power Parity calculations, which
take into account the relative cost of living and inflation rates
of countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Nonlife premiums (1)
Life premiums
$3,116
2,143
Total premiums
$5,259
Percent of total world
premiums
0.11%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
44
Guatemala
LEADING LIFE AND NONLIFE INSURANCE
COMPANIES, 2013
Gross written premiums
Company
GTQ Mn
Guatemalan Insurance Association
Web: www.agis.com.gt/
USD Mn
Seguros El Roble, S. A.
1,356.1
172.6
Seguros G&T, S. A.
1,162.0
147.9
Aseguradora General, S.
A.
529.6
67.4
MAPFRE Seguros
Guatemala, S. A.
341.2
43.4
Seguros Universales, S.
A.
334.3
42.6
Aseguradora Rural, S. A.
313.2
39.9
Pan-American Life
Insurance de Guatemala,
Compania de Seguros
273.7
34.8
Credito Hipotecario
Nacional de Guatemala
236.2
30.1
Seguros Agromercantil, S.
A.
182.5
23.2
Seguros de Occidente, S.
A.
174.4
22.2
(1) Includes life and nonlife.
Source: Axco Insurance Information Services.
INSURANCE ASSOCIATION
POPULATION, 2011-2014 (1)
Year
Population
2011
13,824,463
2012
14,099,032
2013
14,373,472
2014
14,647,083
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2012-2013 (1)
Year
GDP
2012
$74.6
2013
81.5
(1) Based on Purchasing Power Parity calculations, which
take into account the relative cost of living and inflation rates
of countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Nonlife premiums (1)
$544
Life premiums
135
Total premiums
Percent of total world
premiums
$679
0.01%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
45
Hong Kong
LEADING NONLIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
HDK Mn
INSURANCE ASSOCIATION
Hong Kong Federation of Insurers
Web: www.hkfi.org.hk
USD Mn
AXA General
3,501.1
450.6
Zurich Insurance
2,615.0
336.6
Bupa
2,094.2
269.5
BOC Group Insurance
1,783.7
229.6
2011
7,122,508
CTPI(HK)
1,782.0
229.4
2012
7,153,519
AIG Insurance HK
1,712.7
220.4
2013
7,182,724
QBE HKSI
1,423.0
183.1
2014
7,112,688
Asia Insurance
1,415.9
182.2
CNOOC Insurance
1,409.4
181.4
MSIG Insurance
1,082.0
139.3
Source: Axco Insurance Information Services.
POPULATION, 2011-2014 (1)
Year
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
LEADING LIFE INSURANCE COMPANIES, 2013
Year
Gross written premiums
Company
HDK Mn
Population
USD Mn
HSBC Life
43,190.0
5,558.6
AIA International
32,931.7
4,238.3
Prudential (UK)
27,132.9
3,492.0
Manulife (Int'l)
20,294.9
2,612.0
China Life
19,513.0
2,511.3
BOC Group Life
17,981.7
2,314.2
AXA China (Bermuda)
13,582.7
1,748.1
Hang Seng Insurance
11,141.2
1,433.9
FWD Life
8,015.9
1,031.6
Sun Life Hong Kong
6,385.9
821.9
Source: Axco Insurance Information Services.
GDP
2009
$318.2
2010
301.3
2011
327.0
2012
353.7
2013
381.7
(1) Based on Purchasing Power Parity calculations, which
take into account the relative cost of living and inflation rates
of countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Nonlife premiums (1)
$4,016
Life premiums
32,059
Total premiums
Percent of total world
premiums
$36,075
0.78%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
46
Hungary
LEADING NONLIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
HUF Mn
USD Mn
INSURANCE ASSOCIATION
Association of Hungarian Insurance Companies
MABISZ
Web: www.mabisz.hu
Allianz Hungaria
79,868.9
357.0
Generali-Providencia
70,999.6
317.4
Aegon
44,823.9
200.4
Year
Groupama Garancia
43,886.7
196.2
2011
9,976,062
UNIQA
30,940.8
138.3
2012
9,958,453
Union
25,415.9
113.6
2013
9,939,470
K&H
17,756.2
79.4
2014
9,919,128
AIG
7,820.8
35.0
MP Hungarian Post
7,703.1
34.4
KOBE
7,089.1
31.7
POPULATION, 2011-2014 (1)
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
Source: Axco Insurance Information Services.
Year
LEADING LIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
HUF Mn
USD Mn
ING
70,961.2
317.2
MPE Hungarian Post Life
50,485.8
225.7
Allianz
49,494.5
221.3
Groupama Garancia
46,167.8
206.4
Generali-Providencia
39,035.2
174.5
Aegon
36,803.0
164.5
UNIQA
29,590.5
132.3
MetLife (AVIVA)
18,847.5
84.3
CIG
16,715.3
74.7
Erste
15,800.7
70.6
Source: Axco Insurance Information Services.
Population
GDP
2009
$205.7
2010
186.3
2011
190.0
2012
195.9
2013
196.6
(1) Based on Purchasing Power Parity calculations, which
take into account the relative cost of living and inflation rates
of countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Nonlife premiums (1)
Life premiums
$1,566
1,938
Total premiums
$3,504
Percent of total world
premiums
0.08%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
47
India
LEADING NONLIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
New India
INR Mn
INSURANCE ASSOCIATION
Insurance Institute of India
Web: www.insuranceinstituteofindia.com
USD Mn
100,379.5
1,878.5
United India
92,660.4
1,734.0
National
91,657.3
1,715.2
Oriental
65,524.0
1,226.2
2011
77,891,220
ICICI Lombard
61,339.9
1,147.9
2012
78,868,711
Bajaj Allianz
40,014.0
748.8
2013
79,853,900
IFFCO Tokio
25,650.3
480.0
2014
1,236,344,631
HDFC Ergo
24,532.0
459.1
Tata AIG
21,350.8
399.6
Reliance General
17,125.6
320.5
POPULATION, 2011-2014 (1)
Year
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
Source: Axco Insurance Information Services.
Year
LEADING LIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
LIC
INR Mn
Population
USD Mn
2,088,035.8
35,510.8
ICICI Prudential
135,382.4
2,302.4
HDFC Standard
113,226.8
1,925.6
SBI Life
104,500.3
1,777.2
Bajaj Allianz
68,927.0
1,172.2
Max Life
66,387.0
1,129.0
Birla Sun Life
52,163.0
887.1
Reliance
40,453.9
688.0
Kotak Mahindra
27,777.8
472.4
TATA AIA
27,604.3
469.5
Source: Axco Insurance Information Services.
GDP
2009
$3,319.0
2010
3,561.0
2011
4,046.0
2012
4,463.0
2013
4,962.0
(1) Based on Purchasing Power Parity calculations, which take
into account the relative cost of living and inflation rates of
countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Nonlife premiums (1)
Life premiums
Total premiums
Percent of total world
premiums
$13,401
52,174
$65,576
1.41%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
48
Indonesia
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
IDR Mn
USD Mn
Sinar Mas
3,444,862.6
367.0
Astra Buana
2,992,196.5
318.8
Jasa Indonesia (Jasindo)
Persero
2,867,632.2
305.5
INSURANCE ASSOCIATION
Insurance and Reinsurance Broker Association of
Indonesia
Asosiasi Broker Asuransi dan Reasuransi Indonesia
Web: www.apparindo.or.id
POPULATION, 2011-2014 (1)
Year
Population
Central Asia
2,013,799.0
214.5
2011
245,613,043
Wahana Tata
1,628,089.2
173.5
2012
248,216,193
Adira Dinamika
1,550,605.6
165.2
2013
251,160,124
Tugu Pratama Indonesia
1,501,494.1
160.0
2014
253,609,643
MSIG Indonesia
1,162,178.3
123.8
Bangun Askrida
1,141,930.3
121.7
Bina Dana Arta
924,850.2
98.5
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
Source: Axco Insurance Information Services.
Year
LEADING LIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
IDR Mn
USD Mn
Allianz Life Indonesia
47,279,571.0
5,036.9
Jiwa Sinar Mas MSIG
18,797,931.0
2,002.6
Prudential Life Assurance
18,136,902.0
1,932.2
Jiwa Manulife Indonesia
8,413,969.0
896.4
Indolife Pensiontama
6,279,758.0
669.0
Axa Mandiri Financial
Services
5,670,374.0
604.1
Jiwa Bersama
Bumiputera 1912
5,453,460.0
581.0
Jiwasraya (Persero)
5,174,636.0
551.3
AIA Financial
5,097,517.0
543.1
Jiwa Mega Life
3,724,326.0
396.8
Source: Axco Insurance Information Services.
GDP
2009
$932.1
2010
968.5
2011
1,033.0
2012
1,121.0
2013
1,285.0
(1) Based on Purchasing Power Parity calculations, which
take into account the relative cost of living and inflation rates
of countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Nonlife premiums (1)
$4,254
Life premiums
14,141
Total premiums
Percent of total world
premiums
$18,395
0.40%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
49
Iran
LEADING NONLIFE INSURANCE COMPANIES, 2011
Gross written premiums
Company
IRR Mn
INSURANCE ASSOCIATION
Central Insurance of Iran
Web: www.centinsur.ir
USD Mn
Bimeh Iran
40,017,526.0
3,769.4
Bimeh Asia
10,094,598.0
950.9
Bimeh Alborz
5,297,625.0
499.0
Year
Bimeh Parsian
5,021,191.0
473.0
2011
77,891,220
Bimeh Dana
4,632,579.0
436.4
2012
78,868,711
Bimeh Tosee
3,599,837.0
339.1
2013
79,853,900
Bimeh Karafarin
2,630,728.0
247.8
2014
80,840,713
Bimeh Sina
2,316,118.0
218.2
Bimeh Mellat
2,089,770.0
196.9
Bimeh Day
2,069,740.0
195.0
Source: Axco Insurance Information Services.
POPULATION, 2011-2014 (1)
Population
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
Year
GDP
2009
$859.7
2010
876.0
2011
863.5
2012
928.9
2013
987.1
(1) Based on Purchasing Power Parity calculations, which
take into account the relative cost of living and inflation rates
of countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Nonlife premiums (1)
$8,878
Life premiums
796
Total premiums
$9,675
Percent of total world
premiums
0.21%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
50
Ireland
LEADING NONLIFE INSURANCE COMPANIES, 2011
Gross written premiums
Company
EUR Mn
INSURANCE ASSOCIATION
Irish Insurance Federation
Web: www.iif.ie
USD Mn
Aviva Insurance (Europe)
421.9
586.5
RSA Insurance
377.6
525.0
Quinn Insurance
322.9
448.9
AXA
310.5
431.6
2011
4,670,976
Allianz Plc
306.7
426.4
2012
4,722,028
FBD
303.1
421.4
2013
4,775,982
Zurich Insurance plc
135.0
187.6
2014
4,832,765
Aviva Health
91.5
127.2
Chartis Insurance Ireland
80.0
111.3
Irish Public
79.7
110.8
Source: Axco Insurance Information Services.
POPULATION, 2011-2014 (1)
Year
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
LEADING INSURANCE COMPANIES, 2011
Year
Gross written premiums
Company
EUR Mn
Population
USD Mn
GDP
2009
$198.5
2010
177.0
2011
172.3
Irish Life
3,253.1
4,522.2
2012
182.1
New Ireland
1,569.5
2,181.9
2013
190.4
Zurich Life Assurance
1,215.7
1,689.9
Aviva Life & Pensions
610.2
848.2
Ark
564.6
784.9
Canada Life Ass. (Ireland)
435.0
604.6
Friends First Man. Pen.
Funds
311.8
433.4
Friends' First Life Ass.
Co.
125.8
174.9
Acorn
68.3
95.0
ECCU
48.6
67.5
Source: Axco Insurance Information Services.
(1) Based on Purchasing Power Parity calculations, which take
into account the relative cost of living and inflation rates of
countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Nonlife premiums (1)
$8,851
Life premiums
46,929
Total premiums
Percent of total world
premiums
$55,780
1.20%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
51
Israel
LEADING NONLIFE INSURANCE COMPANIES, 2011
Gross written premiums
Company
ILS Mn
INSURANCE ASSOCIATION
Israel Insurance Association
Web: www.igudbit.org.il
USD Mn
Harel
3,502.3
978.8
The Phoenix
2,354.7
658.1
Clal
2,149.2
600.6
Menora Mivtachim
1,582.9
442.4
2011
7,473,052
Migdal
1,457.9
407.5
2012
7,590,758
Ayalon
1,006.6
281.3
2013
7,707,042
IDI
921.5
257.5
2014
7,821,850
ILD
718.6
200.8
Eliahu
663.8
185.5
AIG
643.3
179.8
Source: Axco Insurance Information Services.
POPULATION, 2011-2014 (1)
Year
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
LEADING LIFE INSURANCE COMPANIES, 2011
Year
Gross written premiums
Company
ILS Mn
Population
USD Mn
GDP
2009
$205.7
2010
205.2
2011
217.1
Migdal
7,189.4
2,009.3
2012
235.1
Clal
4,645.2
1,298.2
2013
274.5
The Phoenix
4,019.7
1,123.4
Harel
3,586.1
1,002.2
Menora Mivtachim
1,789.9
500.2
Clal Health
774.7
216.5
Dykla
622.4
174.0
I.L.D
394.8
110.4
Ayalon
324.8
90.8
Eliahu
282.2
78.9
Source: Axco Insurance Information Services.
(1) Based on Purchasing Power Parity calculations, which take
into account the relative cost of living and inflation rates of
countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Nonlife premiums (1)
Life premiums
Total premiums
Percent of total world
premiums
$6,170
7,329
$13,499
0.29%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
52
Italy
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
EUR Mn
USD Mn
INSURANCE ASSOCIATION
Italian Association of Insurance Companies
Associazione Nazionale fra le Imprese Assicuratrici
Web: www.ania.it
Unipol Assicurazioni
3,654.5
4,695.5
Allianz
3,540.3
4,548.8
Fondiaria Sai
3,467.9
4,455.8
Assicurazioni Generali
3,210.4
4,125.0
2011
61,016,804
Compagnia Di Ass. Di
Milano
2,454.8
3,154.1
2012
61,261,254
Ina Assitalia
1,650.1
2,120.1
2013
61,482,297
Alleanza Toro
1,646.3
2,115.2
2014
61,680,122
Società Cattolica
1,468.3
1,886.6
Axa Assicurazioni
1,448.3
1,860.9
Società Reale Mutua
1,392.4
1,789.1
POPULATION, 2011-2014 (1)
Year
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
Source: Axco Insurance Information Services.
Year
LEADING LIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
Poste Vita
EUR Mn
USD Mn
10,516.7
13,512.5
Mediolanum Vita
7,808.5
10,032.9
Intesa Sanpaolo Vita
5,120.7
6,579.4
Fideuram Vita
4,840.6
6,219.5
Alleanza Toro
4,034.2
5,183.4
Population
GDP
2009
$1,801.0
2010
1,756.0
2011
1,782.0
2012
1,826.0
2013
1,805.0
(1) Based on Purchasing Power Parity calculations, which
take into account the relative cost of living and inflation rates
of countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Assicurazioni Generali
3,697.4
4,750.7
INA Assitalia
2,741.0
3,521.7
Cardif Vita
2,661.2
3,419.2
Allianz
2,655.8
3,412.3
Nonlife premiums (1)
$50,576
CreditRas Vita
2,371.6
3,047.2
Life premiums
117,978
Source: Axco Insurance Information Services.
Direct premiums
written
Total premiums
Percent of total world
premiums
$168,554
3.63%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
53
Jamaica
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
JMD Mn
INSURANCE ASSOCIATION
The Insurance Association of Jamaica
Web: www.iaj-online.com
USD Mn
Advantage General
4,794.0
54.0
Jamaica International
3,988.8
44.9
General Accident (GA)
3,789.0
42.7
Year
West Indies Alliance
3,310.2
37.3
2011
2,868,380
British Caribbean (BCIC)
3,239.2
36.5
2012
2,889,187
JN General Insurance
2,968.2
33.4
2013
2,909,714
2014
2,930,050
Insurance Company of the
West Indies
2,863.5
32.3
Globe
2,346.7
26.4
Chartis
1,798.4
20.3
710.8
8.0
Key
POPULATION, 2011-2014 (1)
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
Source: Axco Insurance Information Services.
Year
LEADING LIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
Sagicor Life Jamaica
JMD Mn
USD Mn
19,530.2
220.1
Guardian Life
8,882.6
100.1
Scotia Life Jamaica
1,732.7
19.5
NCB Insurance
1,656.1
18.7
CUNA Mutual
1,337.4
15.1
Source: Axco Insurance Information Services.
Population
GDP
2009
$21.6
2010
23.4
2011
23.9
2012
24.6
2013
25.1
(1) Based on Purchasing Power Parity calculations, which
take into account the relative cost of living and inflation rates
of countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Nonlife premiums (1)
$437
Life premiums
246
Total premiums
Percent of total world
premiums
$683
0.01%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
54
Japan
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
JYP Mn
INSURANCE ASSOCIATION
General Insurance Association of Japan
Web: www.sonpo.or.jp/en
USD Mn
Tokio Marine & Nichido
2,123,797.9
26,617.2
Mitsui Sumitomo
1,536,901.3
19,261.7
Sompo Japan
1,517,884.5
19,023.4
Aioi Nissay Dowa
1,243,701.3
15,587.1
2011
126,475,664
Nipponkoa
728,297.3
9,127.6
2012
127,368,088
Fuji
307,197.6
3,850.1
2013
127,253,075
AIU
242,722.5
3,042.0
2014
127,103,388
Kyoei
203,270.2
2,547.6
Nisshin
150,313.7
1,883.9
83,026.5
1,040.6
American Home
Source: Axco Insurance Information Services.
POPULATION, 2011-2014 (1)
Year
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
LEADING LIFE INSURANCE COMPANIES, 2012
Year
Gross written premiums
Company
JPY Mn
Population
USD Mn
GDP
2009
$4,487.0
2010
4,141.0
2011
4,338.0
Nippon
5,341,477.0
66,943.8
2012
4,389.0
Japan Post
3,796,214.0
47,577.3
2013
4,729.0
Meiji Yasuda
3,651,060.0
45,758.1
Sumitomo
3,140,241.0
39,356.1
Dai-ichi
2,912,020.0
36,495.9
Aflac
1,985,672.0
24,886.1
MetLife Alico
1,282,964.0
16,079.2
Taiyo
1,018,215.0
12,761.1
Prudential Gibraltar
Financial
962,872.0
12,067.5
Sony
924,472.0
11,586.3
Source: Axco Insurance Information Services.
(1) Based on Purchasing Power Parity calculations, which
take into account the relative cost of living and inflation rates
of countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Nonlife premiums (1)
Life premiums
Total premiums
Percent of total world
premiums
$108,773
422,733
$531,506
11.45%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
55
Jordan
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
JOD Mn
INSURANCE ASSOCIATION
Jordan Insurance Federation
Web: www.joif.org
USD Mn
Arab Orient Insurance
77.6
109.3
Jordan Insurance
35.8
50.4
Middle East Insurance
30.2
42.5
Year
First Insurance
21.3
30.0
2011
6,508,271
Jordan French Insurance
20.6
29.0
2012
6,508,887
Jordan Emarets
Insurance
18.1
25.5
2013
6,482,081
Islamic Insurance
15.7
22.1
2014
7,930,491
Euro Arab Insurance
Group
15.3
21.6
Jordan International
Insurance
15.2
21.5
Jerusalem Insurance
14.5
20.4
POPULATION, 2011-2013 (1)
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2012 (1)
Year
Source: Axco Insurance Information Services.
LEADING LIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
JOD Mn
USD Mn
American Life Insurance
11.9
16.7
GDP
2009
$31.0
2010
33.1
2011
33.8
2012
36.8
2013
40.0
(1) Based on Purchasing Power Parity calculations, which take
into account the relative cost of living and inflation rates of
countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
Jordan Insurance
10.6
14.9
Al Nisr Insurance
9.0
12.7
Middle East Insurance
3.1
4.4
Islamic Insurance
2.8
3.9
Arabia Insurance-Jordan
1.7
2.4
Arab Life and Accident
Insurance
1.1
1.5
United Insurance
0.9
1.2
Nonlife premiums (1)
Jordan French Insurance
0.8
1.2
Life premiums
Arab German Insurance
0.6
0.8
Total premiums
Source: Axco Insurance Information Services.
Population
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Percent of total world
premiums
$620
66
$686
0.01%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
56
Kazakhstan
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
KZT Mn
USD Mn
POPULATION, 2011-2014 (1)
Year
Population
Eurasia
27,082.2
181.6
Kaspi Insurance
22,701.7
152.3
2011
15,522,373
Halyk-Kazakhinstrakh
17,485.2
117.3
2012
17,522,010
NOMAD Insurance
14,095.5
94.5
2013
17,736,896
Oil Insurance Company
10,215.7
68.5
2014
17,948,816
Tsesnabank
9,632.7
64.6
NOMAD Life
8,764.9
58.8
Kazkommerts-Policy
8,336.4
55.9
BTA Insurance
6,496.1
43.6
London Almaty
4,866.6
32.6
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
Source: Axco Insurance Information Services.
Year
LEADING LIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
KZT Mn
USD Mn
Kazkommerts-Life
9,912.5
66.5
Nomad Life
9,606.9
64.4
BTA Life
8,534.7
57.2
Halyk-Life
8,475.2
56.8
Generali Life
8,124.9
54.5
State Annuity Company
5,325.5
35.7
Alliance-Life Insurance
2,460.8
16.5
Source: Axco Insurance Information Services.
GDP
2009
$184.3
2010
175.1
2011
197.7
2012
214.5
2013
243.6
(1) Based on Purchasing Power Parity calculations, which
take into account the relative cost of living and inflation rates
of countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Nonlife premiums (1)
$1,292
Life premiums
372
Total premiums
$1,664
Percent of total world
premiums
0.04%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
57
Kenya
LEADING NONLIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
KES Mn
INSURANCE ASSOCIATION
The Association of Kenya Insurers
Web: www.akinsure.com
USD Mn
Jubilee
8,651.5
100.3
CIC General
8,058.2
93.5
UAP Insurance
7,686.0
89.1
APA
6,554.0
76.0
2011
41,070,934
ICEA Lion General
4,563.5
52.9
2012
43,013,341
British American
3,826.4
44.4
2013
44,037,656
Heritage
3,549.1
41.2
2014
45,010,056
AIG Kenya
3,504.7
40.7
First Assurance
3,242.8
37.6
GA
3,088.7
35.8
Source: Axco Insurance Information Services.
POPULATION, 2011-2014 (1)
Year
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
LEADING LIFE INSURANCE COMPANIES, 2013
Year
Gross written premiums
Company
KES Mn
Population
USD Mn
GDP
2009
$66.5
2010
63.5
2011
66.0
British American
8,027.3
93.1
2012
71.5
Jubilee
6,812.9
79.0
2013
79.9
ICEA Lion Life
6,456.3
74.9
Pan Africa
5,570.4
64.6
CFC Life
4,096.0
47.5
CIC Life
3,003.1
34.8
Kenindia
2,118.6
24.6
UAP Life
1,851.6
21.5
Old Mutual
1,441.9
16.7
Madison
1,244.1
14.4
(1) Based on Purchasing Power Parity calculations, which take
into account the relative cost of living and inflation rates of
countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Source: Axco Insurance Information Services.
Nonlife premiums (1)
$1,000
Life premiums
520
Total premiums
$1,520
Percent of total world
premiums
0.03%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
58
Kuwait
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
KWD Mn
POPULATION, 2011-2014 (1)
USD Mn
Year
Population
Kuwait Insurance Company
26.8
95.7
Gulf Insurance Company
23.8
85.1
2011
2,595,628
2012
2,646,314
2013
2,695,316
2014
2,742,711
Warba Insurance Company
20.7
74.0
Al-Ahleia Insurance
Company
19.3
68.7
Bahrain Kuwait Insurance
Company
7.6
27.3
National Takaful Insurance
Company
5.5
19.7
Enaya Insurance Company
5.4
19.3
First Takaful Insurance
Company
5.0
17.7
Oriental Insurance Company
4.2
14.9
Al-Muthanna Takaful
Insurance
3.9
13.8
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
Year
Source: Axco Insurance Information Services.
LEADING LIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
KWD Mn
USD Mn
Gulf Life Insurance Company
42.0
149.9
2009
$157.9
2010
148.7
2011
144.3
2012
149.8
2013
165.8
(1) Based on Purchasing Power Parity calculations, which take
into account the relative cost of living and inflation rates of
countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
MetLife Alico Kuwait
11.8
42.1
Al-Ahleia Insurance
Company
7.1
25.5
Kuwait Insurance Company
5.5
19.6
Al-Muthanna Takaful
Insurance Company
3.4
12.3
Warba Insurance Company
3.2
11.2
Legal and General Gulf
2.2
7.8
Nonlife premiums (1)
Life premiums
Gulf Takaful Insurance
Company
1.8
6.5
Boubyan Takaful Insurance
Company
1.6
5.7
Arabia Insurance Company
1.4
4.9
Source: Axco Insurance Information Services.
2015 International Insurance Fact Book
GDP
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
$770
182
Total premiums
Percent of total world
premiums
$952
0.02%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
updates at www.iii.org/international/
59
Lebanon
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
LBP Mn
USD Mn
INSURANCE ASSOCIATION
Insurance Association
Association des Compagnies d'Assurances au Liban
Web: www.acal.org.lb
Medgulf
160,756.0
106.6
Bankers
123,834.7
82.2
AXA M.E.
119,384.5
79.2
Libano-Suisse
95,466.3
63.3
Arope
80,492.1
53.4
2011
4,143,101
4,140,289
POPULATION, 2011-2014 (1)
Year
Population
Allianz SNA
76,618.9
50.8
2012
Fidelity
74,008.1
49.1
2013
4,131,583
LIA (Lib-Arabe)
60,349.6
40.0
2014
5,882,562
Al-Mashrek
51,560.9
34.2
Arabia
42,960.4
28.5
(1) Estimated.
Source: U.S. Central Intelligence Agency.
Source: Axco Insurance Information Services.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
LEADING LIFE INSURANCE COMPANIES, 2012
Year
Gross written premiums
Company
LBP Mn
USD Mn
GDP
2009
$44.1
2010
47.8
58.7
113,202.3
75.1
2011
Allianz SNA
79,678.8
52.9
2012
61.6
Bancassurance
70,906.0
47.0
2013
64.3
ALICO - Metlife
LIA (Lib-Arabe)
62,096.6
41.2
Arope
59,561.9
39.5
Adonis (ADIR)
46,675.2
31.0
Medgulf
19,771.7
13.1
Sogecap
17,647.4
11.7
(1) Based on Purchasing Power Parity calculations, which
take into account the relative cost of living and inflation rates
of countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Source: Axco Insurance Information Services.
Direct premiums
written
Nonlife premiums (1)
$1,005
Life premiums
469
Total premiums
$1,475
Percent of total world
premiums
0.03%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
60
Liechtenstein
No data available for leading writers.
INSURANCE ASSOCIATION
Liechtensteinischer Versicherungsverband
Web: www.lvv.li
POPULATION, 2011-2014 (1)
Year
Population
2011
35,236
2012
36,713
2013
37,009
2014
37,313
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2014 (1)
Year
GDP
2009
$4.2
2010
4.2
2011
5.0
2012
5.0
2013
3.2
(1) Based on Purchasing Power Parity calculations, which take
into account the relative cost of living and inflation rates of
countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Nonlife premiums (1)
$992
Life premiums
2,643
Total premiums
$3,635
Percent of total world
premiums
0.08%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
61
Lithuania
LEADING NONLIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
LTL Mn
INSURANCE ASSOCIATION
Association of Lithuanian Insurers
Web: www.draudikai.lt/lt
USD Mn
Lietuvos Draudimas
409.9
157.6
BTA
186.8
71.8
PZU Lietuva
179.7
69.1
Ergo Lietuva
154.7
59.5
Gjensidige Baltic
103.1
39.6
If P&C
92.4
35.5
Compensa Vienna
51.6
19.8
Seesam Lietuva
48.1
18.5
Swedbank
14.6
5.6
Vereinigte Hagel
13.9
5.4
POPULATION, 2011-2014 (1)
Year
Population
2011
3,535,547
2012
3,525,761
2013
3,515,858
2014
3,505,738
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
Source: Axco Insurance Information Services.
Year
LEADING LIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
LTL Mn
USD Mn
Swedbank Elu
136.8
52.6
SEB gyvybes
132.9
51.1
Aviva Lietuva
127.2
48.9
Ergo Lietuva gyvybes
73.9
28.4
Compensa Life Vienna
61.4
23.6
Mandatum Life
58.1
22.3
PZU Lietuvagyvybes
26.1
10.0
Bonum Publicum
18.5
7.1
AMPLICO Life
18.1
7.0
0.1
0.0
Liteuvos Draudimas
Source: Axco Insurance Information Services.
GDP
2009
$65.8
2010
NA
2011
56.2
2012
61.3
2013
67.4
(1) Based on Purchasing Power Parity calculations, which
take into account the relative cost of living and inflation rates
of countries. GDP estimate for July for each year shown.
NA=Data not available.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2010
(U.S. $ millions)
Direct premiums
written
Nonlife premiums (1)
$388
Life premiums
207
Total premiums
Percent of total world
premiums
$595
0.01%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 2/2011.
2015 International Insurance Fact Book
updates at www.iii.org/international/
62
Luxembourg
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
EUR Mn
INSURANCE ASSOCIATION
Insurance Companies' Association
Web: www.aca.lu
USD Mn
Foyer Assurances
289.8
372.4
La Luxembourgeoise
210.6
270.6
AXA Assurances
Luxembourg
101.7
130.6
Baloise Assurances
Luxembourg
2011
503,302
62.3
80.1
2012
509,074
P&V Assurances
26.5
34.0
2013
514,862
2014
520,672
DKV Luxembourg
26.4
33.9
Chartis Europe (AIG)
22.8
29.3
Allianz Insurance
Luxembourg
20.4
26.3
Foyer Sante
14.5
18.7
Foyer Arag
8.2
10.6
POPULATION, 2011-2014 (1)
Year
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
Source: Axco Insurance Information Services.
Year
LEADING LIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
Swiss Life (Luxembourg)
EUR Mn
USD Mn
181.5
233.3
Population
GDP
2009
$41.4
2010
38.1
2011
40.8
2012
43.6
2013
42.7
(1) Based on Purchasing Power Parity calculations, which
take into account the relative cost of living and inflation rates
of countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
Sogelife
153.8
197.7
La Luxembourgoise Vie
132.2
169.8
Foyer Vie
108.3
139.1
Cardif Lux Vie
90.5
116.3
Allianz Life Luxembourg
69.1
88.8
AXA Assurances Vie
Luxembourg
53.3
68.5
ING Life Luxembourg
48.8
62.7
Baloise Vie Luxembourg
48.4
62.2
Nonlife premiums (1)
$3,822
Dexia Life & Pensions
28.4
36.5
Life premiums
25,904
Source: Axco Insurance Information Services.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Total premiums
Percent of total world
premiums
$29,726
0.64%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
63
Macau
No data available for leading writers.
INSURANCE ASSOCIATION
Macao Insurers’ Association
Web: www.mia-macau.com
POPULATION, 2011-2014 (1)
Year
Population
2011
573,003
2012
578,025
2013
583,003
2014
587,914
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
Year
GDP
2009
NA
2010
NA
2011
$18.5
2012
18.5
2013
47.2
(1) Based on Purchasing Power Parity calculations, which take
into account the relative cost of living and inflation rates of
countries. GDP estimate for July for each year shown.
NA=Data not available.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2012
(U.S. $ millions)
Direct premiums
written
Nonlife premiums (1)
$207
Life premiums
468
Total premiums
Percent of total world
premiums
$674
0.01%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2013.
2015 International Insurance Fact Book
updates at www.iii.org/international/
64
Malaysia
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
MYR Mn
INSURANCE ASSOCIATION
General Insurance Association of Malyasia
Web: www.piam.org.my
USD Mn
Allianz General
1,674.0
541.9
MSIG
1,326.2
429.4
Etiqa
1,292.1
418.3
Kurnia
1,120.8
362.9
2011
28,728,607
Lonpac
951.4
308.0
2012
29,179,952
Tokio Marine
910.1
294.7
2013
29,628,392
AXA Affin General
826.9
267.7
2014
30,073,353
ACE Jerneh
748.2
242.2
AmG
692.2
224.1
AIG Malaysia
580.6
188.0
Source: Axco Insurance Information Services.
POPULATION, 2011-2014 (1)
Year
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
LEADING LIFE INSURANCE COMPANIES, 2011
Year
Gross written premiums
Company
MYR Mn
Population
USD Mn
GDP
2009
$397.5
2010
378.9
2011
416.7
Great Eastern
5,780.0
1,888.9
2012
447.0
Prudential
4,359.6
1,424.7
2013
525.0
ING
2,486.1
812.5
AIA Bhd
2,411.4
788.0
Hong Leong
1,674.6
547.2
Allianz Life
1,129.4
369.1
Etiqa
608.2
198.8
MCIS Zurich
587.3
191.9
Tokio Marine Life
475.2
155.3
ZURICH
466.7
152.5
Source: Axco Insurance Information Services.
(1) Based on Purchasing Power Parity calculations, which take
into account the relative cost of living and inflation rates of
countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Nonlife premiums (1)
Life premiums
Total premiums
Percent of total world
premiums
$5,161
9,985
$15,146
0.33%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
65
Malta
LEADING NONLIFE INSURANCE COMPANIES, 2005
Malta Insurance Association
Web: www.maltainsurance.org
Gross written premiums
Company
MTL Mn
Middlesea
INSURANCE ASSOCIATION
USD Mn
12.3
35.6
Gasan Mamo
9.3
26.9
Atlas
7.0
20.2
Elmo
5.3
15.3
Citadel
3.3
9.5
POPULATION, 2011-2014 (1)
Year
Source: Axco Insurance Information Services.
LEADING LIFE INSURANCE COMPANIES, 2005
Gross written premiums
Company
MTL Mn
Population
2011
408,333
2012
409,836
2013
411,277
2014
412,655
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
SD Mn
Year
GDP
Middlesea Valletta
39.3
113.6
HSBC Life
17.0
49.1
2009
NA
GlobalCapital
3.8
11.0
2010
$9.7
Middlesea Insurance
0.6
1.7
2011
11.8
0.9
2012
10.9
2013
11.5
Citadel
0.3
Source: Axco Insurance Information Services.
(1) Based on Purchasing Power Parity calculations, which take
into account the relative cost of living and inflation rates of
countries. GDP estimate for July for each year shown.
NA=Data not available.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Nonlife premiums (1)
Life premiums
$2,107
1,365
Total premiums
$3,472
Percent of total world
premiums
0.07%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
66
Mauritius
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
MUR Mn
INSURANCE ASSOCIATION
Financial Services Commission
Web: www.fscmauritius.org/
USD Mn
Swan
1,679.3
55.9
MUA
1,540.0
51.3
Mauritian Eagle
739.4
24.6
SICOM
562.6
18.7
New India
381.0
12.7
Phoenix
242.1
8.1
Jubilee
241.0
8.0
Sun
203.9
6.8
Lamco
181.0
6.0
Lamco
163.8
5.3
POPULATION, 2011-2014 (1)
Year
Population
2011
1,303,717
2012
1,313,095
2013
1,322,238
2014
1,331,155
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
Source: Axco Insurance Information Services.
Year
LEADING LIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
BAI
MUR Mn
USD Mn
6,048.9
201.3
SICOM
3,792.3
126.2
Anglo
2,685.4
89.4
LPM
635.4
21.1
LIC
337.6
11.2
Island Life
186.7
6.2
Mauritian Eagle
184.8
6.2
17.4
0.6
IOGA
Phoenix
5.4
0.2
Lamco
4.3
0.1
Source: Axco Insurance Information Services.
GDP
2009
NA
2010
$15.9
2011
NA
2012
NA
2013
21.0
(1) Based on Purchasing Power Parity calculations, which take
into account the relative cost of living and inflation rates of
countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Nonlife premiums (1)
$212
Life premiums
476
Total premiums
Percent of total world
premiums
$688
0.01%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
67
Mexico
LEADING NONLIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
MXN Mn
USD Mn
INSURANCE ASSOCIATION
Mexican Association of Insurance Institutions
Asociacion Mexicana de Instituciones de Seguros AC
Web: www.amis.com.mx
Inbursa
17,613.7
1,379.1
AXA Seguros
16,897.1
1,323.0
Qualitas
14,956.9
1,171.1
GNP
10,815.4
846.8
7,905.1
618.9
2011
113,724,226
114,975,406
Mapfre Mexico
POPULATION, 2011-2014 (1)
Year
Population
Banorte Generali
6,957.6
544.8
2012
Aba/Seguros
6,033.7
472.4
2013
116,220,947
Zurich Danos
5,450.7
426.8
2014
120,286,655
BBVA Bancomer
4,936.8
386.5
Atlas
3,898.9
305.3
Source: Axco Insurance Information Services.
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
LEADING LIFE INSURANCE COMPANIES, 2013
Year
Gross written premiums
Company
MXN Mn
USD Mn
GDP
2009
$1,578.0
2010
1,473.0
2011
1,560.0
Metlife Mexico
48,329.6
3,784.0
2012
1,657.0
GNP
31,335.2
2,453.4
2013
1,845.0
BBVA Bancomer
19,440.0
1,522.1
Banamex
19,216.5
1,504.6
Monterrey New York Life
16,941.5
1,326.5
Banorte Generali
15,382.5
1,204.4
AXA Seguros
13,595.9
1,064.5
Zurich Santander
7,101.7
556.0
Inbursa
6,126.5
479.7
Allianz Mexico
5,475.0
428.7
Source: Axco Insurance Information Services.
(1) Based on Purchasing Power Parity calculations, which
take into account the relative cost of living and inflation rates
of countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Nonlife premiums (1)
Life premiums
Total premiums
Percent of total world
premiums
$14,884
12,470
$27,354
0.59%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
68
Morocco
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
MAD Mn
USD Mn
INSURANCE ASSOCIATION
Federation Marocaine des Societes d'Assurances et de
Reassurance
Web: www.fmsar.org.ma
RMA Watanya
2,739.4
317.5
Wafa Assurance
2,708.5
313.9
CNIA Saada Insurance
2,699.0
312.8
AXA Assurance Maroc
2,658.4
308.1
2011
31,968,361
Sanad
1,229.4
142.5
2012
32,309,239
Atlanta
1,182.3
137.0
2013
32,649,130
Zurich
1,059.3
122.8
2014
32,987,206
CAT
657.1
76.2
MAMDA
623.2
72.2
MCMA
408.0
47.3
POPULATION, 2011-2014 (1)
Year
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
Source: Axco Insurance Information Services.
Year
LEADING LIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
MAD Mn
Population
USD Mn
Wafa Assurance
3,019.5
349.9
RMA Watanya
2,345.7
271.9
Marocaine Vie
1,023.4
118.6
MCMA
825.3
95.7
AXA Assurance Maroc
789.5
91.5
CNIA Saada Insurance
393.2
45.6
Sanad
209.2
24.2
Atlanta
149.3
17.3
Zurich
21.2
2.5
GDP
2009
$137.4
2010
146.7
2011
153.8
2012
163.0
2013
180.0
(1) Based on Purchasing Power Parity calculations, which
take into account the relative cost of living and inflation rates
of countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Source: Axco Insurance Information Services.
Nonlife premiums (1)
$1,927
Life premiums
930
Total premiums
$2,857
Percent of total world
premiums
0.06%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
69
Namibia
LEADING NONLIFE INSURANCE COMPANIES, 2009
Gross written premiums
Company
ZAR Mn
INSURANCE ASSOCIATION
Namibia Insurance Association
Web: www.mbendi.com
USD Mn
Santam
373.0
44.0
M&F
339.9
40.1
Hollard
242.1
28.6
Corporate Guarantee
127.3
15.0
Western
91.0
10.7
Legal Shield
48.6
5.7
Swabou
46.8
5.5
Prosperity
30.2
3.6
Guardrisk
29.2
3.5
NASRIA
14.0
1.7
POPULATION, 2011-2014 (1)
Year
Population
2011
2,147,585
2012
2,165,828
2013
2,182,852
2014
2,198,406
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
Source: Axco Insurance Information Services.
Year
LEADING LIFE INSURANCE COMPANIES, 2009
Gross written premiums
Company
OMLAC
NAD Mn
USD Mn
1,798.7
212.3
Sanlam Life Namibia
751.0
88.6
Metropolitan
488.7
57.7
Sanlam Namibia
458.1
54.1
Investment Solutions
331.4
39.1
Momentum
183.0
21.6
Prosperity
74.9
8.8
PPS
60.7
7.2
Namlife
60.3
7.1
Trustco Life
44.3
5.2
Source: Axco Insurance Information Services.
GDP
2009
$11.6
2010
NA
2011
14.6
2012
15.5
2013
17.8
(1) Based on Purchasing Power Parity calculations, which take
into account the relative cost of living and inflation rates of
countries. GDP estimate for July for each year shown.
NA=Data not available.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Nonlife premiums (1)
$279
Life premiums
664
Total premiums
Percent of total world
premiums
$944
0.02%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
70
Netherlands
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
EUR Mn
USD Mn
Centrale Zorgverzekeraars
Groep, Zorgverzekeraar ua OWM
5,398.2
6,935.9
Zilveren Kruis Achmea
Zorgverzekeringen NV
5,382.9
6,916.3
VGZ Zorgverzekeraar NV
4,976.7
6,394.4
Menzis Zorgverzekeraar NV
3,839.1
4,932.7
Agis Zorgverzekeringen NV
3,049.4
3,918.1
Achmea Schadeverzekeringe n
NV
3,007.7
3,864.5
Unive Zorg NV
1,735.7
2,230.1
IZA Zorgverzekeraar NV
1,464.1
1,881.2
Nationale-Nederlan den
Schadeverzekering Maatschappij
NV
1,351.9
1,737.0
Delta Lloyd Schadeverzekering
NV
1,235.5
1,587.4
INSURANCE ASSOCIATION
Insurance Companies Association
Verbond Van Verzekeraars
Web: www.verzekeraars.nl/Paginas/Home.aspx
POPULATION, 2011-2014 (1)
Year
2011
16,847,007
2012
16,730,632
2013
16,805,037
2014
16,877,351
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
Year
Source: Axco Insurance Information Services.
LEADING LIFE INSURANCE COMPANIES, 2011
Gross written premiums
Company
EUR Mn
USD Mn
Nationale-Nederlanden
Levensverzekering Maatschappij
NV
3,185.3
4,092.6
SRLEV NV
2,436.3
3,130.3
AEGON Levensverzekering NV
2,175.8
2,795.7
Achmea Pensioen-en
Levensverzekeringen NV
2,009.9
2,582.5
Delta Lloyd Levensverzekering
NV
1,957.8
2,515.4
ASR Levensverzekering NV
Population
GDP
2009
$687.5
2010
652.3
2011
680.4
2012
705.7
2013
696.3
(1) Based on Purchasing Power Parity calculations, which
take into account the relative cost of living and inflation rates
of countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
1,865.6
2,397.1
ABN AMRO Levensverzekering
NV
372.9
479.1
DELA Natura Uitvaart
Verzekeringen NV
335.5
431.1
Total premiums
Allianz Nederland
Levensverzekering NV
264.2
339.4
Percent of total world
premiums
Loyalis Leven NV
248.7
319.6
Nonlife premiums (1)
Life premiums
$75,135
26,005
$101,140
2.18%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
Source: Axco Insurance Information Services.
2015 International Insurance Fact Book
updates at www.iii.org/international/
71
New Zealand
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
NZD Mn
Insurance Council of New Zealand
Web: www.icnz.org.nz
USD Mn
IAG New Zealand
1,817.9
1,472.8
Vero Insurance
1,126.9
913.0
Lumley General Insurance
(NZ)
433.6
351.3
Tower Insurance
211.1
171.0
AIG Insurance NZ
165.0
133.7
Farmers' Mutual Insurance
Group
164.2
133.1
Allianz New Zealand
140.6
113.9
ACE Insurance
130.4
105.7
AMI Insurance
112.5
91.2
74.4
60.3
Medical Insurance Society
INSURANCE ASSOCIATION
POPULATION, 2011-2014 (1)
Year
Population
2011
4,290,347
2012
4,327,944
2013
4,365,113
2014
4,401,916
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
Source: Axco Insurance Information Services.
Year
LEADING LIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
NZD Mn
USD Mn
Sovereign Assurance
590.3
484.1
AMP Financial Services
437.1
358.4
Fidelity Life Assurance
206.8
169.6
Asteron Life
192.7
158.0
OnePath
169.4
138.9
Westpac Life lnsurance
117.6
96.4
AlA New Zealand
95.9
78.6
BNZ Life
84.4
69.2
CIGNA Life Insurance
80.7
66.2
Partners Life
70.1
57.5
Source: Axco Insurance Information Services.
GDP
2009
$118.9
2010
116.5
2011
119.2
2012
123.3
2013
136.0
(1) Based on Purchasing Power Parity calculations, which
take into account the relative cost of living and inflation rates
of countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Nonlife premiums (1)
Life premiums
Total premiums
Percent of total world
premiums
$9,219
1,694
$10,913
0.24%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
72
Nigeria
LEADING NONLIFE INSURANCE COMPANIES, 2011
Gross written premiums
Company
NGN Mn
INSURANCE ASSOCIATION
Nigerian Insurers Association
Web: www.nigeriainsurers.org
USD Mn
Leadway
19,600.4
126.7
Custodian and Allied
10,061.0
65.0
AIICO
8,427.3
54.5
NEM
8,220.5
53.1
2011
155,215,573
Mansard
7,637.0
49.4
2012
170,123,740
Industrial and General
6,672.4
43.1
2013
174,507,539
STACO
6,485.5
41.9
2014
177,155,754
Sovereign Trust
6,407.7
41.4
Royal Exchange
5,887.4
38.1
Zenith General
5,648.8
36.5
Source: Axco Insurance Information Services.
POPULATION, 2011-2014 (1)
Year
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
LEADING LIFE INSURANCE COMPANIES, 2011
Year
Gross written
premiums
Company
AIICO
NGN Mn
USD Mn
10,017.4
64.7
Niger Insurance
4,760.6
30.8
Mutual Benefit
4,602.2
29.7
Leadway
4,485.4
29.0
Industrial and General
3,927.6
25.4
Capital Express
3,357.8
21.7
Mansard
2,367.7
15.3
CrystaLife
2,289.6
14.8
Standard Alliance Life
Assurance
2,157.3
13.9
African Alliance
1,827.9
11.8
Source: Axco Insurance Information Services.
Population
GDP
2009
$328.1
2010
353.2
2011
369.8
2012
414.5
2013
478.5
(1) Based on Purchasing Power Parity calculations, which
take into account the relative cost of living and inflation rates
of countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Nonlife premiums (1)
$1,406
Life premiums
457
Total premiums
$1,863
Percent of total world
premiums
0.04%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
73
Norway
LEADING NONLIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
If Skadeforsikring
NOK Mn
USD Mn
INSURANCE ASSOCIATION
Norweigan Insurance Association
Finansnaeringens Hovedorganisasjon
Web: www.fnh.no
12,256.3
2,086.2
Tryg
7,369.1
1,254.3
SpareBank 1 Forsikring
5,160.0
878.3
Year
DNB Forsikring
2,331.4
396.8
2011
4,691,849
Eika Forsikring
2,115.5
360.1
2012
4,707,270
Codan
1,445.3
246.0
2013
4,722,701
Protector Forsikring
1,250.8
212.9
2014
5,147,792
Frende Skadeforsikring
1,101.4
187.5
891.7
151.8
12,256.3
2,086.2
Storebrand
If Skadeforsikring
POPULATION, 2011-2014 (1)
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
Source: Axco Insurance Information Services.
Year
LEADING LIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
NOK Mn
USD Mn
KLP
24,931.2
4,243.6
DNB Livsforsikring
19,708.7
3,354.7
Storebrand Livsforsikring
15,559.4
2,648.4
Nordea Liv
7,358.1
1,252.4
Oslo Pensjonsforsikring
3,683.5
627.0
SpareBank 1
3,619.0
616.0
Gjensidige Pensjon
1,599.1
272.2
Danica Pensjonsforsikring
1,490.6
253.7
Gjensidige Forsikring
1,419.0
241.5
557.9
95.0
Tryg Fors
Source: Axco Insurance Information Services.
Population
GDP
2009
$267.0
2010
276.5
2011
276.4
2012
264.5
2013
282.2
(1) Based on Purchasing Power Parity calculations, which
take into account the relative cost of living and inflation rates
of countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Nonlife premiums (1)
Life premiums
Total premiums
Percent of total world
premiums
$10,238
13,909
$24,147
0.52%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
74
Oman
LEADING NONLIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
OMR Mn
INSURANCE ASSOCIATION
Capital Markets Authority
Web: omancma.org
USD Mn
Dhofar Insurance
Company
62.4
162.2
National Life Insurance
56.0
145.5
Oman United Insurance
40.3
104.8
Al Ahlia Insurance
Company
2011
3,027,959
34.4
89.5
2012
3,090,150
The New India Assurance
29.5
76.5
2013
3,154,134
2014
3,219,775
AXA Insurance
20.9
54.3
Oman & Qater Insurance
18.8
48.8
Al MaDina Insurance
17.7
46.0
Falcon Insurance
13.1
33.9
Vision Insurance
12.7
33.0
POPULATION, 2011-2014 (1)
Year
Population
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
Source: Axco Insurance Information Services.
Year
LEADING LIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
OMR Mn
Dhofar Insurance Company
62.4
USD Mn
162.2
National Life Insurance
56.0
145.5
Oman United Insurance
40.3
104.8
Al Ahlia Insurance Company
34.4
89.5
The New India Assurance
29.5
76.5
AXA Insurance
20.9
54.3
Oman & Qater Insurance
18.8
48.8
Al MaDina Insurance
17.7
46.0
Falcon Insurance
13.1
33.9
Vision Insurance
12.7
33.0
Source: Axco Insurance Information Services.
GDP
2009
$67.5
2010
69.4
2011
76.5
2012
80.9
2013
94.9
(1) Based on Purchasing Power Parity calculations, which take
into account the relative cost of living and inflation rates of
countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Nonlife premiums (1)
$859
Life premiums
88
Total premiums
Percent of total world
premiums
$947
0.02%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
75
Pakistan
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
EFU General
PKR Mn
INSURANCE ASSOCIATION
Insurance Association of Pakistan
Web: www.iap.net.pk
USD Mn
12,360.0
132.3
Adamjee Insurance
8,188.0
87.7
New Jubilee
6,007.9
64.3
Year
IGI
1,846.9
19.8
2011
187,342,721
Atlas (excl Muslim
Insurance)
1,500.3
16.1
2012
190,291,129
United Insurance of
Pakistan
2013
193,238,868
1,422.9
15.2
2014
196,174,380
Askari General
1,413.6
15.1
New Hampshire
1,399.6
15.0
Premier Insurance of
Pakistan
1,069.0
11.5
Alfalah
1,060.2
11.4
POPULATION, 2011-2014 (1)
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
Source: Axco Insurance Information Services.
Year
LEADING LIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
State Life
PKR Mn
USD Mn
53,913.0
577.3
Jubilee Life
12,080.2
129.3
EFU Life
11,873.8
127.1
ALICO
4,170.4
44.7
Adamjee Life
2,297.2
24.6
669.9
7.2
Asia Care Health
Population
GDP
2009
$454.2
2010
448.1
2011
451.2
2012
488.0
2013
574.1
(1) Based on Purchasing Power Parity calculations, which
take into account the relative cost of living and inflation rates
of countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Source: Axco Insurance Information Services.
Direct premiums
written
Nonlife premiums (1)
$619
Life premiums
1,048
Total premiums
$1,667
Percent of total world
premiums
0.04%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
76
Panama
LEADING NONLIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
USD Mn
ASSA
130.2
Internacional de Seguros
120.7
MAPFRE
87.3
Assicurazioni Generali
60.5
Aseguradora Ancon
55.8
Nacional de Seguros de
Panama y Centroamerica
40.0
Suramericana
35.8
AIG Seguros Panama
31.1
Banesco Seguros
29.9
Seguros Banistmo
28.0
Source: Axco Insurance Information Services.
INSURANCE ASSOCIATION
Panamanian Insurance Association
Asociacion Panamena de Aseguradores
Web: www.bnamericas.com
POPULATION, 2011-2014 (1)
Year
2011
3,460,462
2012
3,510,045
2013
3,559,408
2014
3,608,431
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
LEADING LIFE INSURANCE COMPANIES, 2011
Year
Gross written premiums
Company
USD Mn
Pan American Life
Insurance de Panama
83.6
Internacional de Seguros
82.5
MAPFRE
77.8
ASSA
77.1
Assicurazioni Generali
46.2
Seguros Banistmo
25.2
World Wide Medical
Assurance
21.3
Aseguradora Ancon
14.6
Suramericana
14.2
Empresa General de
Seguros
12.9
Source: Axco Insurance Information Services.
Population
GDP
2009
$39.3
2010
40.3
2011
44.8
2012
48.8
2013
61.5
(1) Based on Purchasing Power Parity calculations, which take
into account the relative cost of living and inflation rates of
countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Nonlife premiums (1)
$965
Life premiums
280
Total premiums
$1,244
Percent of total world
premiums
0.03%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
77
Peru
LEADING NONLIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
PEN Mn
INSURANCE ASSOCIATION
Asociacion Peruana de Empresas de Seguros
Web: www.apeseg.org.pe
USD Mn
Rimac
2,087.5
773.2
Pacifico Seguros
Generales
1,257.4
465.7
MAPFRE Peru
751.5
278.3
La Positiva
603.0
223.3
El Pacifico Vida
118.0
43.7
MAPFRE Peru Vida
101.5
37.6
ACE
92.9
34.4
Interseguro
65.0
24.1
Cardif
54.7
20.3
Secrex
27.1
10.0
POPULATION, 2011-2014 (1)
Year
2011
29,248,943
2012
29,549,517
2013
29,849,303
2014
30,147,935
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
Source: Axco Insurance Information Services.
Year
LEADING LIFE INSURANCE COMPANIES, 2013
Company
El Pacifico Vida
Population
GDP
2009
$238.9
Gross written premiums
2010
253.4
PEN Mn
2011
277.2
2012
299.7
2013
344.0
USD Mn
1,025.7
379.9
Rimac
902.6
334.3
Seguros Sura
540.2
200.1
Interseguro
499.4
185.0
La Positiva Vida
400.6
148.4
MAPFRE Peru Vida
189.6
70.2
Protecta
128.8
47.7
Cardif
98.2
36.4
ACE
47.5
17.6
Rigel
24.8
9.2
Source: Axco Insurance Information Services.
(1) Based on Purchasing Power Parity calculations, which take
into account the relative cost of living and inflation rates of
countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Nonlife premiums (1)
Life premiums
$1,806
1,548
Total premiums
$3,354
Percent of total world
premiums
0.07%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
78
Philippines
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
PHP Mn
INSURANCE ASSOCIATION
Philippine Insurers and Reinsurers Association
Web: www.pirainc.org
USD Mn
Malayan Insurance
6,777.8
160.5
Prudential Guarantee
5,029.6
119.1
BPI/MS
4,632.4
109.7
Year
Pioneer Insurance
4,399.0
104.2
2011
101,833,938
Chartis
2,995.4
70.9
2012
103,775,002
Charter Ping AN
2,893.7
68.5
2013
105,720,644
Federal Phoenix
2,553.4
60.5
2014
107,668,231
UCPB General
2,395.6
56.7
Standard Insurance
2,172.4
51.4
MAPFRE Insular
1,914.8
45.3
Source: Axco Insurance Information Services.
POPULATION, 2011-2014 (1)
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
LEADING LIFE INSURANCE COMPANIES, 2012
Year
Gross written premiums
Company
PHP Mn
Population
USD Mn
GDP
2009
$327.2
2010
324.9
2011
353.2
Sun Life
20,059.1
475.0
2012
393.4
Pru Life
15,594.5
369.3
2013
454.3
Philam Life
15,291.0
362.1
Philippine AXA
12,276.9
290.7
Ayala Life-BPI-Philam
11,466.8
271.5
Insular Life
9,196.4
217.8
Manulife
7,484.9
177.3
Grepalife Financial
5,822.7
137.9
Manulife China Bank
4,512.5
106.9
PNB Life
3,932.8
93.1
(1) Based on Purchasing Power Parity calculations, which
take into account the relative cost of living and inflation rates
of countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Source: Axco Insurance Information Services.
Nonlife premiums (1)
Life premiums
$1,233
4,060
Total premiums
$5,293
Percent of total world
premiums
0.11%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
79
Poland
LEADING NONLIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
PLN Mn
USD Mn
INSURANCE ASSOCIATION
Polska Izba Ubezpieczen
Polish Chamber of Insurance
Web: www.piu.org.pl
PZU
8,274.2
2,618.4
ERGO Hestia
3,417.6
1,081.5
WARTA
3,001.4
949.8
Year
Allianz Polska
1,797.2
568.7
2011
38,441,588
UNIQA
1,117.8
353.7
2012
38,415,284
InterRisk
1,081.4
342.2
2013
38,383,809
Compensa
1,043.2
330.1
2014
38,346,279
Generali
970.9
307.3
Europa
712.0
225.3
Moje Towarzystwo
Ubezpieczen
691.2
218.7
POPULATION, 2011-2014 (1)
Population
(1) Estimated.
Source: U.S. Central Intelligence Agency
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
Source: Axco Insurance Information Services.
Year
LEADING LIFE INSURANCE COMPANIES, 2013
Gross written
premiums
Company
PLN Mn
USD Mn
PZU Zycie
8,843.0
2,798.4
Open Life
2,633.7
833.4
TUnZ Warta
2,223.5
703.6
ING TUnZ
2,036.2
644.4
Amplico AIG
1,987.2
628.9
Aviva
1,864.3
590.0
TUnZ EUROPA
1,792.3
567.2
Benefia TUnZ Vienna
Insurance Group
1,681.3
532.1
Nordea Polska
1,255.9
397.4
AXA Zycie
1,192.3
377.3
Source: Axco Insurance Information Services.
GDP
2009
$684.5
2010
686.2
2011
725.2
2012
765.6
2013
814.0
(1) Based on Purchasing Power Parity calculations, which
take into account the relative cost of living and inflation rates
of countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Nonlife premiums (1)
Life premiums
Total premiums
Percent of total world
premiums
$9,729
8,355
$18,084
0.39%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
80
Portugal
LEADING NONLIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
EUR Mn
USD Mn
Fidelidade
961.2
1,276.2
INSURANCE ASSOCIATION
Portuguese Insurance Companies Association
Associacao Portuguesa de Seguradores
Web: www.apseguradores.pt
POPULATION, 2011-2014 (1)
Tranquilidade
318.8
423.3
Allianz Portugal
311.4
413.4
AXA Portugal Seguros
290.6
385.9
2011
10,760,305
Acoreana
267.0
354.6
2012
10,781,459
Zurich Insurance
245.5
326.0
2013
10,799,270
Liberty Seguros
241.1
320.2
2014
10,813,834
Ocidental
228.7
303.6
Lusitania Seguros
169.1
224.5
Generali Seguros
130.8
173.7
Year
Population
(1) Estimated.
Sourc’e: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
Source: Axco Insurance Information Services.
Year
LEADING LIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
Fidelidade
EUR Mn
USD Mn
2,517.4
3,342.4
BES-Vida
1,996.7
2,651.1
Ocidental Vida
1,486.0
1,973.0
BPI Vida
826.3
1,097.1
Santander Totta Seguros
545.1
723.8
CA Vida
384.0
509.8
Allianz Portugal
232.2
308.3
Eurovida
182.2
241.9
CNP Barclays Vida Y
Pensiones
155.1
205.9
Acoreana
139.8
GDP
2009
$245.0
2010
232.2
2011
247.0
2012
NA
2013
243.3
(1) Based on Purchasing Power Parity calculations, which
take into account the relative cost of living and inflation rates
of countries. GDP estimate for July for each year shown.
NA=Data not available.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
185.6
Nonlife premiums (1)
$5,118
Life premiums
14,087
Total premiums
Source: Axco Insurance Information Services.
Percent of total world
premiums
$19,205
0.41%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
81
Qatar
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
Qatar Insurance
QAR Mn
POPULATION, 2011-2014 (1)
USD Mn
Year
1,765.4
485.0
Qatar General
473.2
130.0
Doha Insurance
425.9
117.0
Al Khaleej
258.4
71.0
Qatar Islamic
160.2
44.0
Source: Axco Insurance Information Services.
Population
2011
848,016
2012
1,951,591
2013
2,042,444
2014
2,123,160
(1) Estimated.
Source: U.S. Central Intelligence Agency.
LEADING LIFE INSURANCE COMPANIES, 2012
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
Gross written premiums
Company
Qatar Insurance
QAR Mn
Year
USD Mn
789.9
217.0
Qatar Islamic
47.3
13.0
Doha Insurance
43.7
12.0
Qatar General
29.1
8.0
Al Khaleej
14.6
4.0
Source: Axco Insurance Information Services.
GDP
2009
$83.3
2010
NA
2011
122.2
2012
181.7
2013
198.7
(1) Based on Purchasing Power Parity calculations, which take
into account the relative cost of living and inflation rates of
countries. GDP estimate for July for each year shown.
NA=Data not available.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Nonlife premiums (1)
Life premiums
$1,407
64
Total premiums
$1,471
Percent of total world
premiums
0.03%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
82
Romania
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
RON Mn
USD Mn
Astra
991.6
325.3
Allianz-Tiriac Insurance
812.1
266.4
Omniasig Vienna
Insurance Group
761.6
249.8
Groupama Insurance
651.5
213.7
Asirom Vienna Insurance
Group
546.1
179.1
BCR Asigurari Vienna
Insurance Group
441.0
144.7
Generali Insurance
418.1
137.2
Uniqa Insurnace
383.4
125.8
Euroins Romania
292.3
95.9
Carpatica ASIG
199.9
65.6
INSURANCE ASSOCIATION
National Union of Insurance and Reinsurance
Companies of Romania - UNSAR
Web: unsar.ro
POPULATION, 2011-2014 (1)
Year
2011
21,904,551
2012
21,848,504
2013
21,790,479
2014
21,729,871
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
Year
Source: Axco Insurance Information Services.
LEADING LIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
RON Mn
USD Mn
Population
GDP
2009
$278.4
2010
256.3
2011
253.3
2012
263.9
2013
280.7
(1) Based on Purchasing Power Parity calculations, which take
into account the relative cost of living and inflation rates of
countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
ING Life Insurance
544.5
157.0
BCR Vienna Life
Insurance
425.2
122.6
Alico Insurance Romania
197.9
57.1
Allianz-Tiriac Insurance
93.5
27.0
ASIROM Vienna
Insurance Group
84.1
24.2
Generali Insurance
83.6
24.1
Metropolitan
65.9
19.0
Nonlife premiums (1)
BRD Life Insurance
62.0
17.9
Life premiums
Grawe Insurance
Romania
53.5
15.4
Total premiums
$2,482
Groupama Insurance
46.5
13.4
Percent of total world
premiums
0.05%
Source: Axco Insurance Information Services.
2015 International Insurance Fact Book
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
$1,935
547
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
updates at www.iii.org/international/
83
Russia
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
RUB Mn
INSURANCE ASSOCIATION
All Russia Insurance Association
Web: www.ins-union.ru
USD Mn
Rosgosstrakh
97,413.8
3,158.7
Sogaz
75,994.4
2,464.2
Ingosstrakh
67,806.3
2,198.7
Reso Garantiya
51,785.1
1,679.2
AlfaStrakhovanie
34,159.5
1,107.6
VSK
33,579.3
1,088.8
Soglasie
33,303.7
1,079.9
Allianz
25,027.0
811.5
VTB Insurance
22,786.6
738.9
MSK Insurance Group
19,953.4
647.0
POPULATION, 2011-2014 (1)
Year
Population
2011
138,739,892
2012
138,082,178
2013
142,500,482
2014
142,470,272
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
Source: Axco Insurance Information Services.
Year
LEADING LIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
RUB Mn
USD Mn
Renessans Zhizn
7,230.7
234.5
Rosgosstrakh-Zhizn
6,700.4
217.3
MetLife Alico
6,291.5
204.0
2009
$2,225.0
2010
2,117.0
2011
2,229.0
2012
NA
2013
2,553.0
(1) Based on Purchasing Power Parity calculations, which
take into account the relative cost of living and inflation rates
of countries. GDP estimate for July for each year shown.
NA=Data not available.
Source: U.S. Central Intelligence Agency.
Alfastrakhovanie-Zhizn
6,024.5
195.4
Russian Standard
Insurance
5,907.8
191.6
SK Sogaz-Zhizn
3,504.3
113.6
Allianz Rosno Life
3,442.0
111.6
Societe Generale
Strakhovanie Zhizni
3,218.8
104.4
CiV Life
2,278.8
73.9
Nonlife premiums (1)
Raiffeisen Life
1,754.8
56.9
Life premiums
Source: Axco Insurance Information Services.
GDP
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Total premiums
Percent of total world
premiums
$25,755
2,666
$28,421
0.61%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
84
Saudi Arabia
No data available for leading writers.
POPULATION, 2011-2014 (1)
Year
Population
2011
26,131,703
2012
26,534,504
2013
26,939,583
2014
27,345,986
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
Year
2009
GDP
$600.4
2010
581.3
2011
622.5
2012
676.7
2013
927.8
(1) Based on Purchasing Power Parity calculations, which take
into account the relative cost of living and inflation rates of
countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Nonlife premiums (1)
$6,105
Life premiums
256
Total premiums
$6,360
Percent of total world
premiums
0.14%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
85
Serbia
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
Dunav
RSD Mn
INSURANCE ASSOCIATION
Assocation of Serbian Insurers
Web: uos.rs/o-nama/
USD Mn
16,776.8
190.7
Delta Generali
9,198.7
104.6
DDOR Novi Sad
7,628.8
86.7
Year
UNIQA Non-Life
3,483.9
39.6
2011
7,310,555
Wiener Staedtische
2,911.0
33.1
2012
7,276,604
Takovo
2,240.0
25.5
2013
7,243,007
Triglav
1,746.6
19.9
2014
7,209,764
AMS
1,524.3
17.3
Milenijum
1,366.2
15.5
Sava
1,203.3
13.7
Source: Axco Insurance Information Services.
POPULATION, 2011-2014 (1)
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
LEADING LIFE INSURANCE COMPANIES, 2012
Year
Gross written premiums
Company
RSD Mn
Population
USD Mn
GDP
2009
$83.1
2010
77.0
2011
80.5
Delta Generali
3,090.4
35.1
2012
79.1
Wiener Staedtische
2,749.8
31.3
2013
80.5
GRAWE
2,162.1
Dunav
24.6
1,096.5
12.5
UNIQA Life
991.0
11.3
Merkur
604.6
6.9
DDOR Novi Sad
584.8
6.7
MetLife
133.0
1.5
AXA Life
115.8
1.3
Societe Generale
101.8
1.2
(1) Based on Purchasing Power Parity calculations, which
take into account the relative cost of living and inflation rates
of countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Source: Axco Insurance Information Services.
Nonlife premiums (1)
$601
Life premiums
141
Total premiums
Percent of total world
premiums
$742
0.02%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
86
Singapore
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
SGN Mn
INSURANCE ASSOCIATION
General Insurance Association of Singapore
Web: www.gia.org.sg
USD Mn
AIG Asia
467.1
373.7
AXA Singapore
358.6
287.0
NTUC Income
309.7
247.8
MSIG
306.0
244.8
2011
4,740,737
First Capital
294.9
236.0
2012
5,353,494
Liberty Insurance
143.7
115.0
2013
5,460,302
QBE
135.3
108.3
2014
5,567,301
Tokio Marine Insurance
134.9
108.0
ACE Insurance
119.3
95.5
India International
105.2
84.2
POPULATION, 2011-2014 (1)
Year
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
Source: Axco Insurance Information Services.
Year
LEADING LIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
SGD Mn
USD Mn
AIA Singapore
3,536.4
2,829.9
Prudential
3,229.8
2,584.5
NTUC Income
3,075.0
2,460.6
Great Eastern Life
3,064.9
2,452.6
Aviva Ltd
992.4
794.1
Manulife
766.5
613.3
HSBC Insurance
676.2
541.1
OAC
638.5
511.0
Tokio Marine Life
593.6
475.0
AXA Life Singapore
274.9
220.0
Source: Axco Insurance Information Services.
Population
GDP
2009
$240.0
2010
235.7
2011
292.4
2012
314.5
2013
339.0
(1) Based on Purchasing Power Parity calculations, which take
into account the relative cost of living and inflation rates of
countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Nonlife premiums (1)
$2,870
Life premiums
15,092
Total premiums
Percent of total world
premiums
$17,962
0.39%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
87
Slovakia
LEADING NONLIFE INSURANCE COMPANIES, 2011
Slovak Insurance Association
Slovenska asociacia maklerov v poistovnictve
Web: www.slaspo.sk
Gross written premiums
Company
EUR Mn
INSURANCE ASSOCIATION
USD Mn
Allianz Slovenska
349.5
485.9
Kooperativa
253.1
351.9
Generali
106.7
148.3
Year
UNIQA
70.1
97.5
2011
5,477,038
Komunalna
55.1
76.5
2012
5,483,088
Union
32.2
44.7
2013
5,488,339
Wustenrot
25.7
35.7
2014
5,443,583
CSOB
24.2
33.7
AXA Insurance
12.9
17.9
Cardif Slovakia
12.5
17.4
POPULATION, 2011-2014 (1)
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
Source: Axco Insurance Information Services.
Year
LEADING LIFE INSURANCE COMPANIES, 2011
Gross written premiums
Company
EUR Mn
USD Mn
Allianz Slovenska
248.7
345.8
KOOPERATIVA
Poistovna
233.2
324.1
MetLife Amslico
118.7
165.0
KOMUNALNA Poistovna
104.0
144.6
Generali
83.6
116.2
ING
80.2
111.4
AXA Life
50.6
70.3
CSOB
47.8
66.5
Poistovna Slovenskej
Sporitelni
44.3
61.5
Wustenrot
30.3
42.1
Source: Axco Insurance Information Services.
Population
GDP
2009
$123.1
2010
115.3
2011
121.3
2012
126.9
2013
133.4
(1) Based on Purchasing Power Parity calculations, which
take into account the relative cost of living and inflation rates
of countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Nonlife premiums (1)
Life premiums
$1,398
1,343
Total premiums
$2,741
Percent of total world
premiums
0.06%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
88
Slovenia
LEADING NONLIFE INSURANCE COMPANIES, 2011
Gross written premiums
Company
EUR Mn
USD Mn
INSURANCE ASSOCIATION
Slovenian Insurance Association
Slovensko Zavarovalno Zdruzenje
Web: www.zav-zdruzenje.si
Triglav
424.6
563.7
VZAJEMNA
267.0
354.5
Adriatic Slovenica
249.3
331.0
Maribor
176.5
234.3
2011
2,000,092
Triglav Zdravstvena
104.1
138.2
2012
1,996,617
Tilia
76.9
102.1
2013
1,992,690
Generali
62.5
82.9
2014
1,988,292
SID-PKZ
19.4
25.8
GRAWE
13.4
17.8
8.6
11.4
Wiener Stadtische
POPULATION, 2011-2014 (1)
Year
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
Source: Axco Insurance Information Services.
Year
LEADING LIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
EUR Mn
USD Mn
Triglav
179.2
237.9
Modra
82.8
109.9
Maribor
75.5
100.3
Adriatic Slovenica
56.8
75.5
NLB Vita
42.6
56.6
Merkur
39.0
51.7
Generali
22.7
30.2
GRAWE
19.2
25.4
Wiener Stadtische
15.9
21.1
9.3
12.3
Tilia
Source: Axco Insurance Information Services.
Population
GDP
2009
$61.8
2010
56.5
2011
56.8
2012
58.6
2013
56.5
(1) Based on Purchasing Power Parity calculations, which take
into account the relative cost of living and inflation rates of
countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Nonlife premiums (1)
$1,892
Life premiums
801
Total premiums
$2,693
Percent of total world
premiums
0.06%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
89
South Africa
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
Santam
ZAR Mn
INSURANCE ASSOCIATION
South African Insurance Association
Web: www.sainsurance.co.za
USD Mn
16,527.1
2,013.1
Mutual and Federal
7,537.8
918.1
Hollard
5,566.7
678.0
Guardrisk
5,498.1
669.7
2011
49,004,031
OUTsurance
5,340.7
650.5
2012
48,810,427
ABSA
3,427.0
417.4
2013
48,601,098
Zurich
3,403.0
414.5
2014
48,375,645
Auto & General
3,152.7
384.0
Allianz Global
2,469.7
300.8
Centriq
2,208.4
269.0
Source: Axco Insurance Information Services.
POPULATION, 2011-2014 (1)
Year
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
LEADING LIFE INSURANCE COMPANIES, 2012
Year
Gross written premiums
Company
ZAR Mn
Population
USD Mn
GDP
2009
$506.1
2010
488.6
2011
527.5
Old Mutual
53,082.7
6,465.6
2012
554.6
Sanlam
34,403.6
4,190.5
2013
595.7
Momentum Group
33,896.0
4,128.6
Investec
33,131.2
4,035.5
Liberty Group
25,604.6
3,118.7
Coronation Life
23,679.5
2,884.2
Investment Solutions
23,555.9
2,869.2
Allan Gray Life
10,245.8
1,248.0
Metropolitan Life
9,882.0
1,203.7
Discovery Life
9,145.0
1,113.9
(1) Based on Purchasing Power Parity calculations, which
take into account the relative cost of living and inflation rates
of countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Source: Axco Insurance Information Services.
Nonlife premiums (1)
$9,565
Life premiums
44,556
Total premiums
Percent of total world
premiums
$54,121
1.17%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
90
South Korea
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
KRW Mn
INSURANCE ASSOCIATION
Korea Non-life Insurance Association
Web: www.knia.or.kr
USD Mn
Samsung
17,379,320.4
15,428.1
Hyundai
10,621,581.5
9,429.1
Dongbu
9,992,870.4
8,871.0
Year
LIG
9,498,520.6
8,432.1
2011
48,754,657
Meritz
4,965,369.3
4,407.9
2012
48,860,500
Hanwha
3,993,436.2
3,545.1
2013
48,955,203
Heungkuk
2,957,797.0
2,625.7
2014
49,039,986
Lotte
2,314,516.1
2,054.7
Seoul Guarantee
1,346,811.7
1,195.6
Green (now MG)
636,079.9
564.7
Source: Axco Insurance Information Services.
POPULATION, 2011-2014 (1)
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
Year
LEADING LIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
KRW Mn
USD Mn
Samsung
30,755,474.2
27,302.5
Hanwha
14,509,588.5
12,880.6
Kyobo
12,744,123.2
11,313.3
Nonghyup
10,925,057.2
9,698.5
Shinhan
5,149,141.7
4,571.0
Mirae Asset
5,052,457.9
4,485.2
Tong Yang
4,598,669.8
4,082.4
Heungkuk
4,310,808.5
3,826.8
ING
4,123,679.2
3,660.7
KDB
3,221,236.4
2,859.6
Source: Axco Insurance Information Services.
Population
GDP
2009
$1,278.0
2010
1,343.0
2011
1,467.0
2012
1,554.0
2013
1,666.0
(1) Based on Purchasing Power Parity calculations, which
take into account the relative cost of living and inflation rates
of countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Nonlife premiums (1)
Life premiums
Total premiums
Percent of total world
premiums
$54,223
91,204
$145,427
3.13%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
91
Spain
LEADING NONLIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
EUR Mn
USD Mn
INSURANCE ASSOCIATION
Union Espanola de Entidades Aseguradoras y
Reaseguradoras
Web: www.unespa.es
MAPFRE Familiar
3,466.9
4,541.6
Adeslas
2,566.1
3,361.5
Allianz
1,892.0
2,478.5
Year
AXA Seguros Generales
1,804.4
2,363.8
2011
46,754,784
Generali
1,232.3
1,614.4
2012
47,042,984
Sanitas
1,178.4
1,543.7
2013
47,370,542
Mutua Madrilena
1,028.1
1,346.9
2014
47,737,941
Santalucia
1,025.9
1,343.9
Zurich
988.8
1,295.3
ASISA
964.9
1,264.0
POPULATION, 2011-2014 (1)
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
Source: Axco Insurance Information Services.
Year
LEADING LIFE INSURANCE COMPANIES, 2011
Gross written premiums
Company
EUR Mn
USD Mn
VidaCaixa
5,034.7
6,998.9
Santander Seguros
2,796.9
3,888.1
Caser
1,711.4
2,379.1
BBVA Seguros
1,622.1
2,255.0
Ibercaja Vida
1,500.5
2,085.9
Bansabadell Vida
1,345.6
1,870.5
MAPFRE Vida
1,283.3
1,783.9
Generali
889.7
1,236.8
Catalunyacaixa Vida
850.1
1,181.8
Zurich Vida
714.3
993.0
Source: Axco Insurance Information Services.
Population
GDP
2009
$1,378.0
2010
1,368.0
2011
1,376.0
2012
1,411.0
2013
1,389.0
(1) Based on Purchasing Power Parity calculations, which
take into account the relative cost of living and inflation rates
of countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Nonlife premiums (1)
Life premiums
Total premiums
Percent of total world
premiums
$38,647
33,862
$72,510
1.56%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
92
Sri Lanka
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
LKR Mn
INSURANCE ASSOCIATION
Insurance Association of Sri Lanka
Web: www.iasl.lk
USD Mn
Sri Lanka
12,359.1
96.9
Ceylinco
10,434.9
81.8
Janashakthi
5,773.4
45.3
Year
Union
4,436.1
34.8
2011
21,283,913
People's Insurance
2,795.5
21.9
2012
21,481,334
AIA
2,143.3
16.8
2013
21,675,648
HNB Assurance
1,635.3
12.8
2014
21,866,445
Continental
1,545.2
12.1
Allianz Insurance
Company Lanka Ltd.
1,397.1
11.0
LOLC
1,295.1
10.2
POPULATION, 2011-2014 (1)
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
Source: Axco Insurance Information Services.
Year
LEADING LIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
LKR Mn
USD Mn
Ceylinco
10,829.5
84.9
Sri Lanka
7,369.0
57.8
AIA
6,495.9
50.9
Union
5,106.3
40.0
Asian Alliance
2,034.1
15.9
Janashakthi
2,025.1
15.9
HNB
1,500.0
11.8
Allianz Life
532.1
4.2
Amana Takaful
359.9
2.8
Co-operative
312.1
2.5
Source: Axco Insurance Information Services.
Population
GDP
2009
$93.3
2010
96.5
2011
104.7
2012
115.1
2013
134.5
(1) Based on Purchasing Power Parity calculations, which
take into account the relative cost of living and inflation rates
of countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Nonlife premiums (1)
$442
Life premiums
333
Total premiums
Percent of total world
premiums
$775
0.02%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
93
Sweden
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
SEK Mn
INSURANCE ASSOCIATION
Swedish Insurance Federation
Web: www.svenskforsakring.se
USD Mn
Lansforsakringar
18,894.0
2,788.8
If Skadeforsakring
11,859.0
1,750.4
Trygg-Hansa
10,378.0
1,531.8
Folksam
9,895.0
1,460.5
2011
9,088,728
Moderna
2,296.0
338.9
2012
9,103,788
Dina-Gruppen
1,728.0
255.1
2013
9,119,423
2014
9,723,809
Sakforsakring, Captive
Insurers
1,634.0
241.2
Zurich
1,053.0
155.4
Landstingen
900.0
132.8
Solid
775.0
114.4
POPULATION, 2011-2014 (1)
Year
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
Source: Axco Insurance Information Services.
Year
LEADING LIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
SEK Mn
USD Mn
Alecta
24,977.8
3,686.8
AMF Pension
19,601.9
2,893.3
Skandia Liv
13,847.9
2,044.0
Skandia
12,771.1
1,885.0
Swedbank Forsakring
12,563.5
1,854.4
SEB Trygg Liv Fond
12,126.6
1,789.9
Lansforsakringar Fondliv
8,713.9
1,286.2
KPA Pensionsforsakring
8,140.8
1,201.6
Folksam Liv
6,918.9
1,021.2
Handelsbanken Liv
6,598.5
974.0
Source: Axco Insurance Information Services.
Population
GDP
2009
$358.4
2010
333.2
2011
354.0
2012
379.4
2013
393.8
(1) Based on Purchasing Power Parity calculations, which
take into account the relative cost of living and inflation rates
of countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Nonlife premiums (1)
Life premiums
Total premiums
Percent of total world
premiums
$10,614
30,865
$41,478
0.89%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
94
Switzerland
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
EUR Mn
USD Mn
AXA Winterthur
3,221.2
3,435.2
Zürich VersicherungsGesellschaft
2,610.0
2,783.4
Schweizerische Mobiliar
Versicherungsgesellschaft
2,359.5
2,516.3
Allianz Suisse VersicherungsGesellschaft AG
1,744.8
1,860.7
Helsana Zusatzversicherungen
AG
1,467.5
1,565.0
Basler Versicherung AG
1,297.9
1,384.2
Swica Krankenversicherung
1,158.8
1,235.8
CSS Versicherung AG
1,104.8
1,178.2
Visana Versicherungen AG
1,000.4
1,066.9
796.8
849.8
Generali Assurances Générales
INSURANCE ASSOCIATION
Swiss Insurance Association
Schweizerischer Versicherungsverband
Web: www.svv.ch
POPULATION, 2011-2014 (1)
Year
2011
7,639,961
2012
7,655,628
2013
7,996,026
2014
8,061,516
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
Source: Axco Insurance Information Services.
Year
LEADING LIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
CHF Mn
USD Mn
AXA Leben AG
9,000.6
9,598.8
Swiss Life SA
7,826.5
8,346.6
Helvetia Schweizerische
Lebensversicherungsgesellschaft
3,182.5
3,393.9
Basler Lebens-VersicherungsGesellschaft
2,568.0
2,738.6
Allianz Suisse
Lebensversicherungs-Gesellschaft
AG
2,295.7
2,448.3
Zurich LebensversicherungsGesellschaft
2,075.2
2,213.1
Generali Personenversicherungen
AG
1,251.9
1,335.1
Schweizerische Mobiliar
Lebensversicherungs-Gesellschaft
850.7
907.3
PAX, Schweizerische
Lebensversicherungs-Gesellschaft
691.9
737.9
Lombard International Assurance
SA,Luxembourg (Luxembourg),
Zweigniederlassung Zurich
649.1
692.2
Population
GDP
2009
$309.9
2010
316.1
2011
326.5
2012
340.5
2013
370.3
(1) Based on Purchasing Power Parity calculations, which take
into account the relative cost of living and inflation rates of
countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Nonlife premiums (1)
Life premiums
Total premiums
Percent of total world
premiums
$28,370
34,227
$62,597
1.35%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
Source: Axco Insurance Information Services.
2015 International Insurance Fact Book
updates at www.iii.org/international/
95
Taiwan
LEADING NONLIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
TWD Mn
USD Mn
INSURANCE ASSOCIATION
The Non-Life Insurance Association of the Republic of
China
Web: www.nlia.org.tw
Fubon
28,599.6
960.7
Cathay Century
17,077.3
573.6
Shin Kong
13,231.8
444.5
Mingtai
10,531.7
353.8
2011
23,071,779
Tokio Marine Newa
9,602.2
322.5
2012
23,113,901
South China
7,398.4
248.5
2013
23,299,716
Union
7,368.8
247.5
2014
23,359,928
Taian
6,999.1
235.1
Chung Kuo
6,979.8
234.5
First
6,063.8
203.7
POPULATION, 2011-2014 (1)
Year
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
Source: Axco Insurance Information Services.
Year
LEADING LIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
TWD Mn
Population
USD Mn
Cathay Life
561,353.1
18,951.8
Fubon Life
420,730.8
14,204.3
Nan Shan Life
370,905.9
12,522.1
Shin Kong Life
175,538.4
5,926.4
Chunghwa Post
157,982.2
5,333.6
China Life
125,319.3
4,230.9
Mass Mutual Mercuries
110,890.4
3,743.8
Taiwan Life
69,175.0
2,335.4
Bank Taiwan
56,697.8
1,914.2
Allianz Taiwan Life
51,271.3
1,731.0
Source: Axco Insurance Information Services.
GDP
2009
$738.8
2010
693.3
2011
823.6
2012
885.3
2013
926.4
(1) Based on Purchasing Power Parity calculations, which
take into account the relative cost of living and inflation rates
of countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Nonlife premiums (1)
Life premiums
Total premiums
Percent of total world
premiums
$15,964
75,013
$90,977
1.96%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
96
Thailand
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
THB Mn
INSURANCE ASSOCIATION
General Insurance Association
Web: www.thaigia.com
USD Mn
Viriyah
27,981.4
917.7
Dhipaya
20,797.8
682.1
Bangkok Insurance
12,432.9
407.8
Year
Syn Mun Kong
7,958.2
261.0
2011
66,720,153
The Safety Insurance
7,890.5
258.8
2012
67,091,089
Tokio Marine Sri Muang
7,190.8
235.8
2013
67,448,120
2014
67,741,401
Muang Thai Insurance
Public
7,157.9
234.8
Thanachart
5,689.2
186.6
LMG
5,280.1
173.2
Mitsui Sumitomo
4,785.5
157.
POPULATION, 2011-2014 (1)
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
Source: Axco Insurance Information Services.
Year
LEADING LIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
AIA
THB Mn
USD Mn
102,206.2
3,288.2
Muang Thai Life
48,867.8
1,572.2
Thai Life Insurance
48,844.1
1,571.4
Siam Commercial New
York Life
41,897.9
1,347.9
Bangkok Life
34,640.2
1,114.4
Krungthai AXA Life
28,923.7
930.5
Ayudhya Allianz CP
22,512.8
724.3
Ocean Life
14,473.2
465.6
ING Life
11,455.3
368.5
Thanachart Life
10,108.9
325.2
Source: Axco Insurance Information Services.
Population
GDP
2009
$570.1
2010
539.7
2011
580.3
2012
609.8
2013
674.3
(1) Based on Purchasing Power Parity calculations, which
take into account the relative cost of living and inflation rates
of countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Nonlife premiums (1)
$6,663
Life premiums
14,798
Total premiums
Percent of total world
premiums
$21,461
0.46%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
97
Trinidad and Tobago
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
TTD Mn
USD Mn
INSURANCE ASSOCIATION
The Association of Trinidad and Tobago Insurance
Companies
Web: www.attic.org.tt
Guardian Life
317.4
49.4
Guardian General
253.6
39.4
Sagicor
195.7
30.4
COLFIRE
160.5
25.0
TATIL
154.7
24.1
2011
1,227,505
1,226,383
POPULATION, 2011-2014 (1)
Year
Population
Maritime
120.3
18.7
2012
Beacon
118.5
18.4
2013
1,225,225
70.2
10.9
2014
1,223,916
NAGICO
New India
54.3
8.5
Presidential
44.5
6.9
Source: Axco Insurance Information Services.
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
LEADING LIFE INSURANCE COMPANIES, 2012
Year
Gross written premiums
Company
Guardian Life
Sagicor Life
ScotiaLife
TTD Mn
USD Mn
2009
$24.2
2010
28.7
2011
27.1
1,125.6
175.1
2012
26.8
450.9
70.1
2013
27.1
259.5
40.4
PALIG
243.8
37.9
Maritime Life
164.2
25.5
CUNA Caribbean
128.1
19.9
TATIL Life
119.2
18.5
22.0
3.4
Beacon
GDP
(1) Based on Purchasing Power Parity calculations, which take
into account the relative cost of living and inflation rates of
countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Source: Axco Insurance Information Services.
Direct premiums
written
Nonlife premiums (1)
$572
Life premiums
349
Total premiums
Percent of total world
premiums
$921
0.02%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
98
Tunisia
LEADING NONLIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
TND Mn
INSURANCE ASSOCIATION
Federation Tunisienne des Societes d'Assurance
Web: www.ftusanet.org
USD Mn
STAR
260.0
166.5
COMAR
143.8
92.1
GAT
130.0
83.2
AMI
119.0
76.2
2011
10,629,186
Astree
111.8
71.6
2012
10,732,900
Maghrebia
111.0
71.1
2013
10,835,873
CARTE
82.8
53.0
2014
10,937,521
MAE
77.2
49.4
Lloyd
66.8
42.7
BIAT
65.7
42.0
Source: Axco Insurance Information Services.
POPULATION, 2011-2014 (1)
Year
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
LEADING LIFE INSURANCE COMPANIES, 2012
Year
Gross written premiums
Company
TND Mn
Population
USD Mn
GDP
2009
$83.4
2010
83.6
2011
100.3
Maghrebia Vie
34.0
21.8
2012
101.7
CARTE Vie
28.0
17.9
2013
108.4
Hayett
27.2
17.4
Astree
20.5
13.2
Salim
20.3
13.0
BIAT
19.7
12.6
STAR
9.7
6.2
AMI
7.9
5.1
GAT Vie
5.9
3.8
Comar
5.7
3.7
(1) Based on Purchasing Power Parity calculations, which take
into account the relative cost of living and inflation rates of
countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Source: Axco Insurance Information Services.
Nonlife premiums (1)
$699
Life premiums
131
Total premiums
Percent of total world
premiums
$830
0.02%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
99
Turkey
LEADING NONLIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
TRY Mn
USD Mn
INSURANCE ASSOCIATION
Association of Insurance and Reinsurance Companies
of Turkey
Web: www.tsrsb.org.tr
AXA
3,143.4
1,651.1
Anadolu
2,622.0
1,377.3
Allianz
1,910.3
1,003.4
Aksigorta
1,496.9
786.3
MAPFRE Genel
1,322.3
694.6
2011
78,785,548
79,749,461
POPULATION, 2011-2014 (1)
Year
Population
Yapi Kredi
1,251.3
657.3
2012
Gunes
1,061.6
557.7
2013
80,694,485
934.4
490.8
2014
81,619,392
Groupama
Ziraat Hayat ve Emeklilik
796.2
418.2
Eureko
778.6
409.0
Source: Axco Insurance Information Services.
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
LEADING LIFE INSURANCE COMPANIES, 2013
Year
Gross written premiums
Company
TRY Mn
USD Mn
GDP
2009
$930.9
2010
859.8
2011
958.3
AXA
3,143.4
1,651.1
2012
1,053.0
Anadolu
2,622.0
1,377.3
2013
1,167.0
Allianz
1,910.3
1,003.4
Aksigorta
1,496.9
786.3
MAPFRE Genel
1,322.3
694.6
Yapi Kredi
1,251.3
657.3
Gunes
1,061.6
557.7
Groupama
934.4
490.8
Ziraat Hayat ve Emeklilik
796.2
418.2
Eureko
778.6
409.0
Source: Axco Insurance Information Services.
(1) Based on Purchasing Power Parity calculations, which take
into account the relative cost of living and inflation rates of
countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Nonlife premiums (1)
Life premiums
Total premiums
Percent of total world
premiums
$10,699
1,761
$12,460
0.27%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
100
Ukraine
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
UAH Mn
INSURANCE ASSOCIATION
League of Insurance Organisations of Ukraine
Web: uainsur.com
USD Mn
AXA Insurance
786.9
98.5
Aska
678.4
84.9
Uniqa
665.8
83.3
Year
Providna
633.9
79.3
2011
45,134,707
Kremen
607.8
76.1
2012
44,854,065
Oranta
566.1
70.8
2013
44,573,205
Ingo Ukraine
544.0
68.1
2014
44,291,413
Arsenal Insurance
503.1
63.0
Alfa Strakhuvannya
462.5
57.9
Ukrainian Insurance Group
450.1
56.3
Source: Axco Insurance Information Services.
POPULATION, 2011-2014 (1)
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
LEADING LIFE INSURANCE COMPANIES, 2012
Year
Gross written premiums
Company
UAH Mn
Population
USD Mn
GDP
2009
$359.9
2010
294.3
2011
306.3
Renaissance Life
322.7
40.4
2012
327.4
MetLife Alico
246.5
30.9
2013
337.4
Aska Life
226.5
28.3
UNIQA Life
219.9
27.5
GRAWE Ukraine Life
Insurance
152.4
19.1
TAS Life
137.1
17.2
Fidem Life
108.9
13.6
Delta Life
101.5
12.7
PZU Ukraine Life
Insurance
96.8
12.1
Jupiter Life Insurance VIG
30.2
3.8
Source: Axco Insurance Information Services.
(1) Based on Purchasing Power Parity calculations, which
take into account the relative cost of living and inflation rates
of countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Nonlife premiums (1)
$3,276
Life premiums
310
Total premiums
$3,586
Percent of total world
premiums
0.08%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
101
United Arab Emirates (UAE)
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
INSURANCE ASSOCIATION
Emirates Insurance Association
Web: www.eia.ae
USD
Mn
AED Mn
POPULATION, 2011-2014 (1)
Oman Insurance
Company PSC
2,443.0
665.2
Abu Dhabi National
Insurance Company PSC
2,299.0
626.0
Orient Insurance
Company PJSC and its
subsidiaries
1,400.0
381.2
Year
Emirates Insurance
Company PSC
645.0
175.6
Al Buhaira National
Insurance Company PSC
559.0
152.2
Al Ain Ahlia Insurance
Company - Public
Shareholding Company
462.0
125.8
National General
Insurance Co (PSC)
449.0
122.3
Al Wathba National
Insurance Company
PJSC
384.0
Al-Sagr National
Insurance Company
(Public Shareholding
Company)
374.0
Dubai Insurance
Company (PSC)
329.0
Source: Axco Insurance Information Services.
2011
5,148,664
2012
5,314,317
2013
5,473,972
2014
5,628,805
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
Year
104.6
101.8
89.6
Population
GDP
2009
$186.8
2010
200.4
2011
199.8
2012
260.8
2013
269.8
(1) Based on Purchasing Power Parity calculations, which
take into account the relative cost of living and inflation rates
of countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Nonlife premiums (1)
Life premiums
$6,026
1,933
Total premiums
$7,959
Percent of total world
premiums
0.17%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
102
United Kingdom
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
GBP Mn
INSURANCE ASSOCIATION
Association of British Insurers
Web: www.abi.org.uk
USD Mn
Aviva
4,948.3
7,816.6
Direct Line
3,402.1
5,374.1
AXA
3,179.3
5,022.3
RSA Group
3,070.5
4,850.3
2011
62,698,362
Zurich Insurance
2,472.8
3,906.1
2012
63,047,162
Allianz
1,985.6
3,136.6
2013
63,395,574
Ageas
1,686.8
2,664.5
2014
63,742,977
BUPA
1,681.8
2,656.7
AIG
1,675.2
2,646.2
Liverpool Victoria
1,477.5
2,334.0
Source: Axco Insurance Information Services.
POPULATION, 2011-2014 (1)
Year
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
LEADING LIFE INSURANCE COMPANIES, 2012
Year
Gross written premiums
Company
GBP Mn
Population
USD Mn
GDP
2009
$2,281.0
2010
2,165.0
2011
2,189.0
Standard Life
9,677.6
15,287.3
2012
2,250.0
Aviva
9,350.8
14,771.2
2013
2,378.0
Prudential
8,312.9
13,131.6
Lloyds Banking Group
7,158.7
11,308.4
Legal & General
6,867.3
10,848.1
Friends Life
6,044.4
9,548.2
Aegon NV
5,252.0
8,296.4
Zurich Financial Services
4,937.4
7,799.4
Old Mutual
3,336.9
5,271.2
Royal London Mutual
Insurance
2,997.4
4,734.8
Source: Axco Insurance Information Services.
(1) Based on Purchasing Power Parity calculations, which
take into account the relative cost of living and inflation rates
of countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Nonlife premiums (1)
Life premiums
Total premiums
Percent of total world
premiums
$106,750
222,893
$329,643
7.10%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
103
United States
LEADING PROPERTY/CASUALTY INSURANCE COMPANIES, 2013
Direct premiums written (1)
Company
INSURANCE ASSOCIATION
Insurance Information Institute
Web: www.iii.org
USD Mn
State Farm Mutual Automobile
Insurance
55,994.2
Liberty Mutual
28,906.3
Allstate Corp.
27,583.6
American International Group
23,169.1
Travelers Companies Inc.
22,842.9
Berkshire Hathaway Inc.
18,284.1
Farmers Insurance Group of
Companies (2)
18,079.5
Nationwide Mutual Group
17,802.7
Progressive Corp.
17,562.6
USAA Insurance Group
14,562.0
POPULATION, 2011-2014 (1)
Year
2011
313,232,044
2012
313,847,465
2013
316,668,567
2014
318,892,103
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
(1) Before reinsurance transactions, includes some state funds.
(2) Data for Farmers Group and Zurich Financial Group (which owns
Farmers’ management company) are reported separately by SNL
Financial.
Source: SNL Financial LC.
Year
LEADING LIFE INSURANCE COMPANIES, 2013
Direct written premiums (1)
Company
USD Mn
MetLife Inc.
85,001.7
Prudential Financial Inc.
41,407.4
Jackson National Life Group
25,728.1
AEGON
24,499.9
Lincoln National Corp.
24,274.1
New York Life Insurance Group
24,223.4
American International Group
21,698.6
Voya Financial Inc.
20,228.6
Manulife Financial Corp.
19,263.2
Principal Financial Group Inc.
18,909.4
(1) Includes life insurance, annuity considerations, deposit-type
contract funds and other considerations; excludes accident and health
insurance. Before reinsurance transactions.
Source: SNL Financial LC.
Population
GDP
2009
$14,580.0
2010
14,260.0
2011
14,720.0
2012
15,040.0
2013
16,720.0
(1) Based on Purchasing Power Parity calculations,
which take into account the relative cost of living and
inflation rates of countries. GDP estimate for July for
each year shown.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE
PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Nonlife premiums (1)
$726,397
Life premiums
Total premiums
532,858
$1,259,255
Percent of total world
premiums
27.13%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
104
Uruguay
LEADING NONLIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
USD
Mn
UYU Mn
Uruguayan Association of Insurance Companies
Asociacion Uruguaya de Empresas Aseguradoras)
Web: www.bnamericas.com
POPULATION, 2011-2014 (1)
Banco de Seguros del
Estado
11,588.3
565.8
Royal & Sun Alliance
Seguros (Uruguay) SA
1,567.3
76.5
Porto Seguro - Seguros del
Uruguay S.A.
1,336.8
65.3
MAPFRE Uruguay
Compania de Seguros SA
(Grales)
1,185.0
57.9
Sancor Seguros SA
665.6
32.5
AIG
398.8
19.5
Compania Cooperativa de
Seguros Surco
297.1
14.5
HDI Seguros SA
235.2
11.5
Far Compania de Seguros
SA
170.2
8.3
Berkley International
Seguros SA (Uruguay)
INSURANCE ASSOCIATION
106.9
Year
2011
3,308,535
2012
3,316,328
2013
3,324,460
2014
3,332,972
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
Year
5.2
Source: Axco Insurance Information Services.
LEADING LIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
UYU Mn
USD Mn
2009
NA
$44.1
2011
48.4
2012
52.0
2013
56.3
(1) Based on Purchasing Power Parity calculations, which take
into account the relative cost of living and inflation rates of
countries. GDP estimate for July for each year shown.
NA=Data not available.
Source: U.S. Central Intelligence Agency.
4,578.3
223.6
MetLife Seguros de Vida SA
1,100.6
53.7
MAPFRE La Uruguaya SA
(Vida)
1,011.7
49.4
Compania Cooperativa de
Seguros Surco
191.8
9.4
Zurich Santander
124.2
6.1
Nonlife premiums (1)
Life premiums
64.5
3.2
Royal & Sun Alliance
Seguros (Uruguay) SA
28.2
1.4
HDI Seguros SA
1.2
0.1
Porto
0.1
0.0
Source: Axco Insurance Information Services.
2015 International Insurance Fact Book
GDP
2010
Banco de Seguros del
Estado
Sancor Seguros SA
Population
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
$865
348
Total premiums
$1,213
Percent of total world
premiums
0.03%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
updates at www.iii.org/international/
105
Venezuela
LEADING NONLIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
VEF Mn
USD Mn
INSURANCE ASSOCIATION
Insurance Association
Camara de Aseguradores de Venezuela
Web: www.camaraseg.org
Caracas de Liberty Mutual
12,466.7
2,061.3
Mercantil
10,377.7
1,715.9
Horizonte
7,736.8
1,279.2
Year
Occidental
6,877.9
1,137.2
2011
27,635,743
MAPFRE La Seguridad
6,440.6
1,064.9
2012
28,047,938
Previsora
4,151.9
686.5
2013
28,459,085
Altamira
3,358.4
555.3
2014
28,868,486
Banesco
2,821.8
466.6
Estar
2,775.4
458.9
Multinacional
2,597.2
429.4
POPULATION, 2011-2014 (1)
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
Source: Axco Insurance Information Services.
Year
LEADING LIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
VEF Mn
USD Mn
Caracas de Liberty Mutual
12,466.7
2,061.3
Mercantil
10,377.7
1,715.9
Horizonte
7,736.8
1,279.2
Occidental
6,877.9
1,137.2
MAPFRE La Seguridad
6,440.6
1,064.9
Previsora
4,151.9
686.5
Altamira
3,358.4
555.3
Banesco
2,821.8
466.6
Estar
2,775.4
458.9
Multinacional
2,597.2
429.4
Source: Axco Insurance Information Services.
Population
GDP
2009
$368.6
2010
355.2
2011
344.2
2012
368.8
2013
407.4
(1) Based on Purchasing Power Parity calculations, which
take into account the relative cost of living and inflation rates
of countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Nonlife premiums (1)
$13,290
Life premiums
Total premiums
Percent of total world
premiums
444
$13,733
0.30%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
106
Vietnam
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
VND Mn
USD Mn
INSURANCE ASSOCIATION
Vietnam Insurance Association
Web: www.avi.org.vn
Bao Viet
5,384,075.0
258.1
PV Insurance
4,658,978.0
223.4
Bao Minh
2,285,563.0
109.6
Year
PJICO
1,971,467.0
94.5
2011
90,549,390
PTI
1,639,692.0
78.6
2012
91,519,289
Samsung Vina
732,505.0
35.1
2013
92,477,857
BIC
670,377.0
32.1
2014
93,421,835
GIC
491,356.0
23.6
MIC
474,232.0
22.7
Cong ty AAA
473,260.0
22.7
POPULATION, 2011-2014 (1)
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
Source: Axco Insurance Information Services.
Year
LEADING LIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
VND Mn
USD Mn
Prudential
6,476,002.0
310.5
Bao Viet Life
4,446,443.0
213.2
Manulife
2,151,372.0
103.1
Dai-ichi Life
1,433,428.0
68.7
AIA
1,271,277.0
61.0
ACE Life
987,612.0
47.4
Hanwha Life
230,667.0
11.1
Cathay Life
112,693.0
5.4
Great Eastern Life
103,753.0
5.0
52,699.0
2.5
Prevoir
Source: Axco Insurance Information Services.
Population
GDP
2009
$246.6
2010
258.2
2011
278.1
2012
299.2
2013
358.9
(1) Based on Purchasing Power Parity calculations, which
take into account the relative cost of living and inflation rates
of countries. GDP estimate for July for each year shown.
Source: U.S. Central Intelligence Agency.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2013
(U.S. $ millions)
Direct premiums
written
Nonlife premiums (1)
$1,131
Life premiums
984
Total premiums
$2,115
Percent of total world
premiums
0.05%
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
2015 International Insurance Fact Book
updates at www.iii.org/international/
107
International Insurance Organizations
ASSOCIATION OF BERMUDA INSURERS & REINSURERS • 1445 New York Avenue 7th
Floor. Washington, DC 20005. Tel. 202-783-2434. Fax. 202-638-0936. www.abir.bm — A group
representing Bermuda's "class 4" reinsurance and insurance companies.
AXCO INSURANCE INFORMATION SERVICES • 10 Old Broad Street. London, EC2N 1DW
United Kingdom. Tel. (44) 20-7374-5252. Fax. (44) 20-7374-5277. www.axcoinfo.com —
Research firm providing detailed insurance, healthcare and pensions market information on 165
countries.
CAPTIVE INSURANCE COMPANIES ASSOCIATION • 4248 Park Glen Rd. Minneapolis,
MN 55416. Tel. 952-928-4655. Fax. 952-929-1318. www.cicaworld.com — Organization that
disseminates information useful to firms that utilize the captive insurance company concept to
solve corporate insurance problems.
THE GENEVA ASSOCIATION • 53 Route de Malagnou, Geneva, CH-1208 Switzerland. Tel.
41-22-707-66-00. Fax. 41-22-736-75-36. www.genevaassociation.org/ — World organization
formed by some 80 chief executive officers of leading insurance companies in Europe, North
America, South America, Asia, Africa and Australia. Its main goal is to research the growing
economic importance of worldwide insurance activities in the major sectors of the economy.
Produces The Geneva Papers and other publications.
GLOBAL FEDERATION OF INSURANCE ASSOCIATIONS • c/o Insurance Europe, Rue
Montoyer 51, B-1000, Brussels, Belgium. Tel. +32 2-894-3081. www.GFIAinsurance.org —
Represents 32 global insurance associations to speak on international issues.
THE INSTITUTE FOR GLOBAL INSURANCE EDUCATION • c/o The Institutes, 720
Providence Road, Suite 100, Malvern, PA 19355. Tel. 610-644-2100. www.igie.org/ — Association
comprised of independent, international insurance institutes, united by a common goal, to deliver
professional education to insurance industry professionals.
INSURANCE EUROPE • Rue Montoyer 51, Brussels, B-1000 Belgium. Tel. (32) 28943000.
www.insuranceeurope.eu — European insurance and reinsurance federation.
INTERNATIONAL ASSOCIATION OF INSURANCE SUPERVISORS • c/o Bank For
International Settlements, CH-4002, Basel, Switzerland. Tel. (41) 61-225-7300. Fax. (41) 61-2809151. www.iaisweb.org — Represents insurance supervisory authorities of some 100 jurisdictions.
Promotes cooperation among members and sets international standards for insurance
supervision.
INTERNATIONAL INSURANCE SOCIETY, INC. • 101 Murray Street, New York, NY 10007.
Tel. 212-277-5171. Fax. 212-277-5172. www.iisonline.org — A nonprofit membership organization
whose mission is to facilitate international understandings, the transfer of ideas and innovations,
and the development of personal networks across insurance markets through a joint effort of
leading executives and academics throughout the world.
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INTERNATIONAL RISK MANAGEMENT INSTITUTE, INC. • 12222 Merit Drive Suite
1450, Dallas, TX 75251. Tel. 972-960-7693. Fax. 972-371-5120. www.irmi.com — Research,
education and publishing company providing property/casualty insurance and risk management
knowledge and solutions to insurance agents, brokers, underwriters, adjusters, lawyers and risk
managers.
INTERNATIONAL SOCIAL SECURITY ASSOCIATION • 4 route des Morillons, Case
postale 1, CH-1211, Geneva, 22 Switzerland. Tel. (41) 22 799 66 17. Fax. (41) 22 799 85 09.
www.issa.int/ — Nonprofit international organization consisting of institutions and
administrative bodies dealing with diverse aspects of social security in countries around the
world.
INTERNATIONAL TRADE ADMINISTRATION • 1401 Constitution Ave NW, Washington,
DC 20230. Tel. 1-800-USA-TRAD. www.ita.doc.gov — Division of the U.S. Department of
Commerce that helps U.S. businesses participate in the growing global marketplace.
MICROINSURANCE NETWORK • 2, Rue Sainte Zithe, Luxembourg, L-2763 Luxembourg.
Tel. (35) 2-45686825. www.microinsurancenetwork.org — A network of actors involved in
microinsurance, including donor organizations, multilateral agencies, insurance and social
protection providers, policymakers and academics.
OPIC • 1100 New York Avenue, NW, Washington, DC 20527 United States. Tel. 202-336-8400.
www.opic.gov — Self-sustaining U.S. government agency providing political risk insurance and
finance services for U.S. investment in developing countries.
ORGANISATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENT (OECD) •
2, rue André Pascal, 75775 Paris Cedex 16. France. Tel. (33) 1-45-24-82-00. Fax. (33) 1-45-24-8500. www.oecd.org — International organization of industrialized, market-economy countries. The
OECD publishes numerous reports, including the Insurance Statistics Yearbook.
SIGMA • c/o Swiss Re, Mythenquai 50/60, PO Box 8022. Zurich, Switzerland. Tel. (41) 43-2852121. www.swissre.com — The sigma publication series provides comprehensive information on
international insurance markets and in-depth analyses of economic trends and strategic issues in
insurance, reinsurance and financial services.
TOPICS • c/o Munich Re, Königinstr. 107, Munich, 80802 Germany. Tel. (49) 89-38-91-0.
www.munichre.com — This annual publication presents a detailed account of the natural
catastrophes that occurred in the past year and also examines long-term trends.
WORLD FACT BOOK • c/o Central Intelligence Agency (CIA), Washington, DC 20505. Tel.
703-482-0623.
Fax.
703-482-1739.
www.cia.gov/library/publications/the-worldfactbook/index.html — Produced by the CIA's Directorate of Intelligence, the fact book is a
comprehensive resource of facts and statistics on more than 265 countries and other entities.
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Insurance Information Institute
110 William Street
New York, NY 10038
Tel. 212-346-5500. www.iii.org
President – Robert P. Hartwig, Ph.D., CPCU – [email protected]
Executive Vice President – Andréa C. Basora – [email protected]
Senior Vice President and Chief Communications Officer – Jeanne Salvatore –
[email protected]
Senior Vice President and Chief Economist – Steven N. Weisbart, Ph.D., CLU – [email protected]
PUBLICATIONS
Chief Actuary and Director of Research and Information Services – James Lynch, FCAS,
MAAA – [email protected]
Senior Editor – Neil Liebman – [email protected]
Research and Production – Mary-Anne Firneno – [email protected]
Information Specialist – Maria Sassian – [email protected]
Manager – Publications and Web Production – Katja Charlene Lewis – [email protected]
Special Consultant – Ruth Gastel, CPCU – [email protected]
Publications Orders – Daphne Gerardi – [email protected]
DIGITAL COMMUNICATIONS
Director – Digital Communications – James P. Ballot – [email protected]
Director – Technology and Web Production – Shorna Lewis – [email protected]
Manager – Digital Media – Alba Rosario – [email protected]
MEDIA
Vice President – Media Relations – Michael Barry – [email protected]
Vice President – Communications – Loretta Worters – [email protected]
Terms + Conditions blog – Claire Wilkinson – [email protected]
Impact Magazine –Diane Portantiere – [email protected]
Administrative Assistant – Rita El-Hakim – [email protected]
Administrative Assistant – Lilia Giordanao – [email protected]
REPRESENTATIVES
Davis Communications – William J. Davis, Atlanta – [email protected]
Tel. 770-321-5150.
Hispanic Press Officer – Elianne González, Miami – [email protected]
Tel. 954-389-9517.
Florida Representative – Lynne McChristian, Tampa – [email protected]
Tel. 813-480-6446.
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