South Korea - Gross Premium Income of Non-life Insurance

Since 2014, South Korea Gross Premium Income of Non-Life Insurance grew 4.2% year on year. With $70.8 Billion in 2019, the country was number 7 among other countries in Gross Premium Income of Non-Life Insurance. South Korea is overtaken by France, which was ranked number 6 at $83.6 Billion and is followed by Canada with $65 Billion. United States topped the ranking with $815 Billion in 2019, that is an increase of 1.2% compared to 2018. China, Germany and Japan respectively ranked number 2, 3 and 4 in this ranking. China recorded the best 5 years average growth at +8.2% per year, while Russia witnessed the worst performance at -16.5% per year.

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Date Billion US Dollars
2019 70.80
2018 69.20
2017 67.50
2016 66.70
2015 63.70
Download all data from 2010 to 2019

How does South Korea rank in Gross Premium Income of Non-Life Insurance?

# 20 Countries Billion US Dollars Last YoY 5‑years CAGR
1 #1
United States
815.00 2019 +1.2 % +2.0 % View data
2 #2
China
224.60 2019 +4.5 % +8.2 % View data
6 #6
France
83.60 2019 -0.7 % -2.5 % View data
7 #7
South Korea
70.80 2019 +2.3 % +4.2 % View data
8 #8
Canada
65.00 2019 -0.1 % -2.1 % View data
Compare all 20 countries

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