India - Non-life Insurance Penetration

Since 2014, India Non-Life Insurance Penetration rose 2.5points year on year. In 2019, the country was number 17 among other countries in Non-Life Insurance Penetration at 0.79 Percent. India is overtaken by Russia, which was number 16 at 1.2 Percent and is followed by Sri Lanka with 0.7 Percent. United States topped the ranking with 4.2 Percent in 2015, that is a fall of 2.3points versus 2014. Australia recorded the best 5 years average growth at +8.2points per year, while South Korea was the worst growing country at -8.2points per year.

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Date Percent
2019 0.79
2018 0.78
2017 0.77
2016 0.77
2015 0.72
Download all data from 2001 to 2019

How does India rank 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
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
Compare all 19 countries

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