» Life insurance statistics, year 2006
|
Country |
Total Gross
premiums*, bil USD |
Density (Direct gross premiums / Population)**, USD
per capita |
Penetration
(Direct gross premiums / GDP)*** |
Life Insurance share ratio**** |
Retention ratio (Net written premiums / Total gross
premiums)***** |
Ratio of
reinsurance accepted (Reinsurance accepted / Total
gross premiums)****** |
|
Australia |
29 571 |
1 435 |
3.6 |
57.7 |
94.6 |
4.59 |
|
Austria |
8 873 |
1 071 |
2.5 |
41.7 |
85.1 |
0.86 |
|
Belgium |
26 044 |
2 469 |
6.5 |
70.1 |
97.1 |
0.35 |
|
Canada |
43 857 |
1 344 |
3.2 |
40.0 |
87.6 |
8.23 |
|
Czech Rep. |
2 091 |
204 |
1.5 |
38.7 |
97.2 |
0.00 |
|
Denmark |
.. |
.. |
.. |
.. |
.. |
.. |
|
Finland |
3 687 |
700 |
1.8 |
47.2 |
99.9 |
0.16 |
|
France |
180 293 |
2 939 |
8.1 |
61.6 |
93.6 |
5.38 |
|
Germany |
92 920 |
1 128 |
3.4 |
33.5 |
94.3 |
0.85 |
|
Greece |
2 879 |
258 |
1.1 |
48.0 |
97.4 |
0.21 |
|
Hungary |
1 961 |
195 |
1.7 |
50.4 |
92.9 |
0.01 |
|
Iceland |
41 |
134 |
0.3 |
8.7 |
75.1 |
5.76 |
|
Ireland |
36 729 |
8 673 |
16.5 |
80.1 |
98.3 |
1.75 |
|
Italy |
96 418 |
1 650 |
4.9 |
65.4 |
97.5 |
4.86 |
|
Japan |
238 635 |
1 868 |
5.5 |
74.2 |
99.1 |
2.64 |
|
Korea |
69 819 |
1 446 |
7.9 |
66.4 |
96.2 |
0.02 |
|
Luxembourg |
13 420 |
29 207 |
31.5 |
91.3 |
80.4 |
0.24 |
|
Mexico |
6 791 |
65 |
0.8 |
44.6 |
97.0 |
0.32 |
|
Netherlands |
32 197 |
1 970 |
4.8 |
56.1 |
97.6 |
0.42 |
|
New Zealand |
.. |
.. |
.. |
.. |
.. |
.. |
|
Norway |
8 535 |
1 828 |
2.5 |
52.6 |
101.0 |
0.00 |
|
Poland |
6 802 |
178 |
2.0 |
56.2 |
99.0 |
0.35 |
|
Portugal |
10 785 |
1 019 |
5.5 |
66.6 |
98.6 |
0.16 |
|
Slovak Rep. |
855 |
159 |
1.6 |
47.3 |
94.6 |
0.00 |
|
Spain |
31 907 |
724 |
2.4 |
44.2 |
91.2 |
0.78 |
|
Sweden |
16 390 |
1 805 |
4.2 |
54.4 |
98.6 |
0.37 |
|
Switzerland |
22 400 |
2 993 |
5.8 |
53.4 |
99.0 |
0.75 |
|
Turkey |
968 |
13 |
0.2 |
16.4 |
96.7 |
0.00 |
|
United Kingdom |
256 635 |
4 236 |
10.6 |
67.7 |
92.4 |
1.22 |
|
United States |
527 483 |
1 762 |
4.6 |
37.9 |
85.4 |
10.59 |
|
|
|
|
|
|
|
|
|
Israel |
3 846 |
.. |
.. |
47.0 |
95.8 |
0.00 |
|
Russia |
607 |
.. |
.. |
3.7 |
.. |
.. |
* Gross premium, which represents total insurance premium
written in the reporting country, is a major indicator of
the importance of insurance industry in the economy of each
country.
** This indicator is calculated by dividing direct gross
premiums by the population and represents the average
insurance spending per capita in a given country.
*** This is the ratio of direct gross premiums to Gross
Domestic Product (GDP), which represents the relative
importance of the insurance industry in the domestic
economy.
**** This is the ratio of gross life insurance premium to
total gross premium, which measures the relative importance
of life insurance as compared to non‑life insurance.
***** This is the ratio of net written premiums to total
gross premiums. This ratio represents the proportion of
retained business and thus, indirectly, the importance of
reinsurance for domestic insurance companies.
****** This is calculated by dividing reinsurance accepted
by total gross premiums and provides an indication of the
significance of reinsurance accepted in the national
insurance market.
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