Non-life Insurance Penetration
This key economic indicator for the Insurance sector has been recently updated.
- In 2019, Non-Life Insurance Penetration in Australia jumped by 1.6points compared to a year earlier.
- Since 2014 Australia Non-Life Insurance Penetration rose 8.2points year on year close to 3.26 Percent.
- In 2015 Switzerland was ranked number 2 in Non-Life Insurance Penetration.
Top Countries in Non-life Insurance Penetration
| # | 19 Countries | Percent | Last | YoY | 5‑years CAGR | |
|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
4.20 % | 2015 | -2.3 % | -2.3 % | View data |
| 2 |
#2
South Korea
|
4.10 % | 2015 | +0.0 % | -8.2 % | View data |
| 2 |
#2
Switzerland
|
4.10 % | 2015 | +0.0 % | -1.6 % | View data |
| 4 |
#4
Germany
|
3.40 % | 2015 | +0.0 % | -1.9 % | View data |
| 5 |
#5
Australia
|
3.26 % | 2019 | +1.6 % | +8.2 % | View data |
| 6 |
#6
Taiwan
|
3.20 % | 2015 | -3.0 % | +0.0 % | View data |
| 7 |
#7
France
|
3.10 % | 2015 | +0.0 % | -2.1 % | View data |
| 8 |
#8
South Africa
|
2.70 % | 2015 | +0.0 % | NA | View data |
| 9 |
#9
Japan
|
2.60 % | 2015 | +8.3 % | +4.2 % | View data |
| 10 |
#10
United Kingdom
|
2.40 % | 2015 | -7.7 % | -5.0 % | View data |
| 11 |
#11
Brazil
|
1.80 % | 2015 | -5.3 % | +1.9 % | View data |
| 11 |
#11
Thailand
|
1.80 % | 2015 | -18.2 % | -5.0 % | View data |
| 13 |
#13
Malaysia
|
1.70 % | 2015 | +0.0 % | +0.0 % | View data |
| 13 |
#13
Singapore
|
1.70 % | 2015 | +6.3 % | +2.0 % | View data |
| 15 |
#15
China
|
1.60 % | 2015 | +6.7 % | +7.2 % | View data |
| 16 |
#16
Russia
|
1.20 % | 2015 | +0.0 % | +0.0 % | View data |
| 17 |
#17
India
|
0.79 % | 2019 | +1.3 % | +2.5 % | View data |
| 18 |
#18
Sri Lanka
|
0.70 % | 2015 | +0.0 % | +0.0 % | View data |
| 19 |
#19
Pakistan
|
0.30 % | 2015 | +0.0 % | +0.0 % | View data |
Source: India Insurance Regulatory and Development Authority