Total Gross Insurance Premiums

This key economic indicator for the Insurance sector has been recently updated.

  1. United States increased 2.1% of Total Gross Insurance Premiums in 2018, compared to a year earlier.
  2. Since 2013 United States Total Gross Insurance Premiums rose 4.8% year on year at $2,896,613.41 Million.
  3. In 2018 United Kingdom was ranked number 2 in Total Gross Insurance Premiums.
  4. In 2017 India was ranked number 8 in Total Gross Insurance Premiums with $100,841.01 Million, jumping from 55 in 2016.

Top Countries in Total Gross Insurance Premiums

# 56 Countries Million US Dollars Last YoY 5‑years CAGR
1 United States 2,896,613.41 2018 +2.1 % +4.8 % View data
2 United Kingdom 397,978.91 2018 +1.0 % +3.2 % View data
3 Japan 393,792.08 2018 +0.9 % +2.4 % View data
4 France 317,164.76 2018 +1.2 % +2.8 % View data
5 Germany 312,403.26 2018 +0.6 % -1.3 % View data
6 South Korea 200,971.08 2018 +3.3 % +3.5 % View data
7 Italy 154,699.46 2018 +2.9 % -0.8 % View data
8 India 100,841.01 2017 NA NA View data
9 Canada 88,057.04 2018 +0.2 % -2.2 % View data
10 Netherlands 78,960.40 2018 -1.6 % +9.1 % View data
11 Australia 75,064.40 2018 +3.8 % -3.0 % View data
12 Spain 74,336.87 2018 +0.4 % -0.7 % View data
13 Switzerland 69,596.21 2018 +2.7 % -1.3 % View data
14 Brazil 66,430.75 2017 +12.8 % -1.7 % View data
15 Hong Kong 65,539.00 2018 +1.9 % +11.6 % View data
16 Ireland 48,496.39 2018 +6.8 % +1.4 % View data
17 Sweden 44,917.37 2018 +1.2 % +10.6 % View data
18 South Africa 42,834.62 2018 -1.6 % -4.6 % View data
19 Singapore 37,760.48 2018 +2.5 % +6.8 % View data
20 Denmark 35,565.11 2018 -5.3 % -30.9 % View data
21 Belgium 30,490.06 2018 -0.9 % -4.1 % View data
22 Mexico 26,932.52 2018 +1.4 % -0.2 % View data
23 Luxembourg 24,022.49 2018 -0.9 % -0.6 % View data
24 Russia 22,517.13 2017 +23.6 % NA View data
25 Norway 20,853.06 2018 +2.2 % -4.0 % View data
26 Austria 20,110.63 2018 -1.6 % -4.3 % View data
27 Argentina 19,339.08 2018 +4.4 % +3.0 % View data
28 Indonesia 18,866.95 2018 -3.2 % +3.6 % View data
29 Israel 17,369.95 2018 -0.3 % +4.5 % View data
30 Poland 16,136.06 2018 -2.2 % -2.5 % View data
31 Malaysia 15,568.71 2018 +2.7 % -1.7 % View data
32 Turkey 13,752.64 2018 +5.2 % +0.8 % View data
33 Chile 13,167.23 2018 +2.4 % +2.3 % View data
34 Portugal 12,713.07 2018 -1.5 % -5.6 % View data
35 Finland 10,407.05 2018 +3.5 % -4.4 % View data
36 Colombia 8,967.72 2018 -0.1 % -2.6 % View data
37 Czech Republic 6,368.15 2018 -0.5 % -4.5 % View data
38 New Zealand 5,234.71 2018 +1.8 % +0.4 % View data
39 Slovakia 4,810.00 2018 -4.5 % +10.2 % View data
40 Greece 4,017.31 2018 -4.4 % -5.8 % View data
41 Peru 3,559.58 2018 +1.7 % +1.0 % View data
42 Hungary 3,389.99 2018 -2.7 % -1.1 % View data
43 Slovenia 2,534.97 2018 -2.1 % -2.0 % View data
44 Uruguay 1,567.04 2018 -0.6 % +5.3 % View data
45 Costa Rica 1,328.70 2018 +0.7 % +5.1 % View data
46 Sri Lanka 1,127.95 2017 NA +14.8 % View data
47 Guatemala 950.90 2018 -0.2 % +6.8 % View data
48 Estonia 933.40 2018 +1.3 % +3.8 % View data
49 Lithuania 881.03 2018 -1.4 % +3.2 % View data
50 Latvia 704.63 2018 -3.2 % +2.4 % View data
51 El Salvador 637.79 2018 +1.7 % +3.1 % View data
52 Iceland 591.53 2018 -3.2 % +7.2 % View data
53 Bolivia 499.08 2017 +6.5 % +9.6 % View data
54 Paraguay 403.52 2018 +3.6 % +1.9 % View data
55 Honduras 397.65 2015 +4.8 % NA View data
56 Nicaragua 210.49 2018 +2.5 % +6.1 % View data

Source: Organisation for Economic Co-operation and Development

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