South Korea - Non-life Insurance Penetration
Since 2012, South Korea Non-Life Insurance Penetration was down by 8.2points year on year. In 2015, the country was ranked number 2 comparing other countries in Non-Life Insurance Penetration with 4.1 Percent. United States topped the ranking with 4.2 Percent in 2015, a decrease of 2.3points compared to 2014. Australia witnessed the best average annual growth at +8.2points per year, while South Korea recorded the worst performance at -8.2points per year.
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| Date | Percent |
|---|---|
| 2015 | 4.10 |
| 2014 | 4.10 |
| 2013 | 4.40 |
| 2012 | 5.30 |
Download all data from 2012 to 2015
How does South Korea 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 |
| 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 |