sigma

No 2/2010
World
May 15,insurance
2003 in 2009
Premiums dipped, but industry capital improved
Statistical Appendix, December 2010

2 Changes in data since May

2010

3 Buying data

4 Legend to tables

Statistical appendix

5 Insurance premium volume by

region and organisation

6 Total insurance premium volume

8 Life insurance premium volume

10 Non-life insurance premium

volume

12 Insurance density: premiums per

capita in USD

13 Insurance penetration: premiums

as a % of GDP

14 Macroeconomic indicators in
2010
Statistical Appendix
Revised insurance market figures reflect
that premium growth was higher than
previously reported.
Changes in data since May 2010
The data appendix has been updated to incorporate the latest available data. For most
markets, definitive or at least provisional figures are now available.
Compared with the data compiled for sigma in May 2010, global life insurance
premium volume for 2009 was revised upwards by 1.2% (USD 27bn). Global non-life
insurance premiums were revised by 0.4% (USD 8bn).
While the main message from earlier in the year – ie total premium volume fell in real
terms - is still valid, the decline is less severe than previously reported.
 In non-life, premiums for 2009 are now estimated to have grown marginally at 0.4%,
mainly due to upwards revisions in a selection of large markets - eg the UK, Germany
and Japan.
 In life, the decline of premiums in the US was somewhat less severe than estimated in
the spring. The updated figures show a decline of 13%, slightly better than the
previously reported figure of -14.6%. In Europe and Japan, growth is somewhat
higher than previously estimated. According to the latest estimates, global premiums
in the life segment are only slightly negative at -0.8%, versus the previously reported
figure of -2.0%.
 Growth in many emerging markets has also been revised upwards, underlining the
resilience of emerging markets.
The revised growth rates are also partly due to a basis effect, since growth and premium
volume for 2008 were revised slightly downwards due to data revisions by primary
sources.
2
Statistical Appendix

Buying data

Premium data for the countries and regions are available electronically at the following
prices:

2000–2009 1995–2009 1980–2009 Update

Per package

Life insurance
CHF 1500 CHF 2100 CHF 3750 CHF 500
USD 1500 USD 2100 USD 3750 USD 500
EUR 1110 EUR 1560 EUR 2780 EUR 370

Non-life insurance
CHF 1500 CHF 2100 CHF 3750 CHF 500
USD 1500 USD 2100 USD 3750 USD 500
EUR 1110 EUR 1560 EUR 2780 EUR 370

Total premium volume (non-life and life)

CHF 3000 CHF 4200 CHF 7500 CHF 1000
USD 3000 USD 4200 USD 7500 USD 1000
EUR 2220 EUR 3120 EUR 5560 EUR 740

Further information and order forms can be downloaded from “Dataselling“ at

www.swissre.com/sigma

Some insurance figures are available free of charge on the Swiss Re Portal at
www.swissre.com/sigma

3
Statistical Appendix

Legend for tables I to X

1 Excluding cross-border business
2 Insurance penetration (premiums as a percentage of GDP) and density (premiums per capita)
include cross-border business
3 North America, Western Europe (w/o Turkey), Japan, Hong Kong, Singapore, South Korea,
Taiwan (counted as an emerging market in earlier editions), Oceania, Israel
4 Latin America, Central and Eastern Europe, South and East Asia, the Middle East (w/o Israel)
and
Central Asia, Turkey, Africa
5 30 member countries
6 US, Canada, UK, Germany, France, Italy, Japan
7 US, Canada, Mexico
8 Singapore, Malaysia, Thailand, Indonesia, Philippines, Vietnam. The four remaining member
countries – Brunei, Cambodia, Laos and Myanmar – are not included.
9 Life insurance: premiums are supplemented by estimated premiums for group pension
business, which has not been included in the statistics for some regions since 2001. Non-life
insurance incl. state funds.
10 Life insurance: net premiums
11 Non-life insurance: gross premiums, including reinsurance premiums
12 Financial year 1.4.2009–31.3.2010; Malaysia: takaful business not included
13 Financial year 21.3.2009–20.3.2010
14 Financial year 1.7.2008–30.6.2009
15 Non-life insurance: financial year 1.7.2008–30.6.2009
16 Inflation-adjusted premium growth rates in local currency, see Tables II, IV and VI
17 Including remaining countries
+ provisional
* estimated
** estimated USD value assuming constant insurance penetration

4
Table I: Premium volume by region and organisation in 2009

Premium volume Change (in %) Share of world Premiums (1) Premiums(1) per
(in millions of USD) inflation-adjusted market (in %) in % of GDP capita (in USD)
Total business 2009 2008 2009 2008 2009 2009 2009
America 1 359 081 1 450 909 -5.4 -2.6 33.13 6.95 1 480.7
North America 1 249 254 1 344 105 -6.3 -3.2 30.46 8.02 3 665.8
Latin America and Caribbean 109 827 106 804 5.4 7.2 2.68 2.77 190.3
Europe 1 617 597 1 701 480 2.1 -10.0 39.44 7.59 1 860.9
Western Europe 1 532 710 1 603 387 2.8 -10.9 37.37 8.47 2 920.8
Central and Eastern Europe 84 888 98 094 -10.2 9.9 2.07 2.76 263.4
Asia 1 008 132 935 428 4.7 4.8 24.58 6.08 247.4
Japan and newly industrialised Asian economies 716 068 677 495 2.0 1.6 17.46 10.58 3 384.0
South and East Asia 262 309 229 407 12.4 15.8 6.40 3.34 74.1
Middle East and Central Asia 29 755 28 526 5.1 2.8 0.73 1.55 95.9
Africa 49 502 52 625 -9.5 1.2 1.21 3.30 49.1
Oceania 67 346 78 536 -9.4 6.4 1.64 6.04 1 865.8
World (2) 4 101 658 4 218 979 -0.3 -4.1 100.00 7.01 600.3
Industrialised countries (3) 3 567 597 3 705 078 -0.9 -5.7 86.98 8.68 3 431.1
Emerging markets (4) 534 062 513 901 3.9 10.4 13.02 2.85 91.7
OECD (5) 3 501 323 3 651 138 -1.1 -5.5 85.36 8.27 2 831.0
G7 (6) 2 771 861 2 880 037 -1.4 -6.7 67.58 8.80 3 703.3
Euroland 1 079 495 1 060 007 7.2 -5.5 26.32 8.07 3 061.4
EU, 27 countries 1 487 863 1 569 505 2.4 -10.7 36.27 8.43 2 771.7
NAFTA (7) 1 266 611 1 362 677 -6.1 -3.2 30.88 7.70 2 812.2
ASEAN (8) 45 437 45 635 2.4 -2.2 1.11 2.91 83.0

Life business
America 589 374 666 745 -10.6 -3.1 24.98 3.01 642.1
North America 546 829 625 032 -11.8 -3.5 23.18 3.51 1 604.6
Latin America and Caribbean 42 544 41 713 7.2 4.5 1.80 1.07 73.7
Europe 955 373 996 122 3.7 -15.7 40.49 4.52 1 108.0
Western Europe 937 314 970 314 4.3 -16.3 39.73 5.24 1 805.9
Central and Eastern Europe 18 059 25 808 -19.2 19.7 0.77 0.59 56.0
Asia 748 355 695 843 4.2 5.7 31.72 4.53 184.2
Japan and newly industrialised Asian economies 553 650 524 596 1.8 2.2 23.47 8.22 2 627.8
South and East Asia 187 446 164 114 11.9 19.0 7.94 2.38 52.9
Middle East and Central Asia 7 260 7 134 5.4 2.5 0.31 0.38 23.4
Africa 32 631 36 361 -14.5 1.3 1.38 2.17 32.3
Oceania 33 614 43 894 -19.4 12.1 1.42 3.01 931.3
World (2) 2 359 346 2 438 966 -0.8 -6.3 100.00 4.03 345.3
Industrialised countries (3) 2 075 290 2 167 879 -1.4 -8.3 87.96 5.07 2 003.8
Emerging markets (4) 284 057 271 087 4.6 13.5 12.04 1.52 48.7
OECD (5) 2 004 411 2 104 389 -1.8 -8.2 84.96 4.75 1 627.1
G7 (6) 1 595 219 1 667 152 -2.0 -9.6 67.61 5.14 2 161.0
Euroland 632 533 594 170 12.2 -9.1 26.81 4.65 1 763.4
EU, 27 countries 907 879 949 193 3.6 -16.2 38.48 5.21 1 713.7
NAFTA (7) 554 517 633 361 -11.5 -3.4 23.50 3.37 1 231.2
ASEAN (8) 27 720 28 426 0.3 -6.0 1.17 1.91 54.4

Non-life business
America 769 708 784 164 -1.0 -2.1 44.18 3.94 838.6
North America 702 425 719 072 -1.5 -2.9 40.32 4.51 2 061.2
Latin America and Caribbean 67 283 65 091 4.3 9.1 3.86 1.70 116.6
Europe 662 224 705 358 -0.2 0.0 38.01 3.07 752.9
Western Europe 595 395 633 072 0.6 -0.7 34.17 3.23 1 114.9
Central and Eastern Europe 66 829 72 286 -6.9 6.8 3.84 2.17 207.4
Asia 259 777 239 585 6.0 2.0 14.91 1.55 63.2
Japan and newly industrialised Asian economies 162 419 152 899 2.7 -0.4 9.32 2.37 756.2
South and East Asia 74 864 65 293 13.8 8.1 4.30 0.95 21.1
Middle East and Central Asia 22 495 21 392 5.0 2.8 1.29 1.17 72.5
Africa 16 872 16 264 4.0 1.0 0.97 1.12 16.7
Oceania 33 731 34 643 3.2 0.0 1.94 3.02 934.5
World (2) 1 742 312 1 780 013 0.4 -0.7 100.00 2.98 255.0
Industrialised countries (3) 1 492 307 1 537 199 -0.1 -1.7 85.65 3.61 1 427.3
Emerging markets (4) 250 006 242 814 3.3 6.9 14.35 1.33 42.9
OECD (5) 1 496 911 1 546 750 -0.2 -1.7 85.92 3.52 1 203.9
G7 (6) 1 176 641 1 212 885 -0.6 -2.5 67.53 3.67 1 542.3
Euroland 446 961 465 837 0.9 -0.5 25.65 3.42 1 298.0
EU, 27 countries 579 983 620 312 0.4 -0.5 33.29 3.22 1 057.9
NAFTA (7) 712 093 729 315 -1.4 -2.9 40.87 4.33 1 581.0
ASEAN (8) 17 717 17 209 5.9 4.8 1.02 1.01 28.7

Swiss Re, sigma No 2/2010, update December 2010 5

Table II: Total premium volume in local currency in 2009

Premium volume Change (in %) Change (in %)

(in millions of local currency) nominal inflation-adjusted
Country Currency 2009 2008 2007 2009 2008 2009 2008
North America United States (9) USD 1 149 758 1 239 747 1 237 890 -7.3 0.2 -7.0 -3.5
Canada (10) CAD 113 578 111 359 108 215 2.0 2.9 1.7 0.5
Total -6.3 -3.2
Latin America and Brazil BRL 97 457 87 214 76 046 11.7 14.7 6.5 8.5
Caribbean Mexico MXN 234 549 + 206 704 191 967 13.5 7.7 7.8 2.4
Venezuela VEB 30 089 * 22 334 15 399 34.7 45.0 6.0 11.3
Argentina ARS 29 676 + 26 668 21 811 11.3 22.3 4.7 12.6
Chile CLP 3 491 354 + 3 638 056 3 058 946 -4.0 18.9 -8.5 9.6
Colombia COP 11 436 694 + 10 470 809 8 526 256 9.2 22.8 4.8 14.8
Peru PEN 5 190 4 331 3 712 19.8 16.7 16.4 10.3
Ecuador USD 943 884 678 6.6 30.3 1.4 20.2
Panama PAB 847 774 607 9.5 27.5 6.9 17.2
Bahamas BSD na. na. 740 + na. na. na. na.
Trinidad and Tobago TTD na. 5 156 + 8 915 na. -42.2 na. -48.4
Dominican Republic DOP 23 194 22 010 20 241 5.4 8.7 3.9 -1.7
Costa Rica CRC 339 680 336 029 * 253 674 * 1.1 32.5 -6.3 16.8
Uruguay UYU 12 693 10 727 + 8 987 18.3 19.4 10.5 10.7
El Salvador SVC 4 729 + 3 844 3 452 23.0 11.4 21.7 4.4
Jamaica JMD 43 617 + 41 612 33 336 4.8 24.8 -4.3 2.3

Total 5.4 7.2

Europe United Kingdom GBP 199 450 213 529 269 494 -6.6 -20.8 -8.6 -23.5
France EUR 203 125 + 187 572 197 877 8.3 -5.2 8.2 -7.8
Germany EUR 172 177 163 423 163 126 5.4 0.2 5.0 -2.4
Italy EUR 121 529 95 655 103 914 27.0 -7.9 26.1 -10.9
Netherlands EUR 77 602 * 77 861 74 486 -0.3 4.5 -1.5 2.0
Spain EUR 59 398 59 010 54 652 0.7 8.0 0.9 3.7
Switzerland CHF 53 694 53 135 51 979 1.1 2.2 1.5 -0.2
Ireland EUR 34 736 35 320 46 043 -1.7 -23.3 0.1 -25.6
Belgium EUR 29 040 + 30 713 32 780 -5.4 -6.3 -5.4 -10.3
Russia RUB 977 526 951 974 775 991 2.7 22.7 -8.2 7.5
Sweden SEK 251 523 243 623 231 519 3.2 5.2 3.6 1.7
Denmark DKK 160 994 + 165 219 154 633 -2.6 6.8 -3.8 3.3
Luxembourg EUR 19 870 + 13 118 12 434 51.5 5.5 51.5 1.4
Austria EUR 16 421 16 215 15 873 1.3 2.2 0.8 -1.0
Finland EUR 16 413 16 008 15 062 2.5 6.3 2.5 2.1
Portugal EUR 13 891 15 437 13 872 -10.0 11.3 -9.3 8.5
Norway NOK 113 349 115 412 114 025 -1.8 1.2 -3.9 -2.5
Poland PLN 50 834 58 792 42 998 -13.5 36.7 -16.9 31.2
Liechtenstein CHF 8 933 + 5 889 6 846 51.7 -14.0 52.4 -16.0
Turkey TRY 12 145 11 523 10 796 5.4 6.7 -0.8 -3.4
Czech Republic CZK 144 134 139 471 131 926 3.3 5.7 2.7 -0.5
Greece EUR 4 704 4 751 * 4 686 -1.0 1.4 -2.2 -2.6
Hungary HUF 807 236 863 719 904 108 -6.5 -4.5 -10.1 -9.9
Romania RON 8 837 + 8 937 7 176 -1.1 24.5 -6.4 15.4
Slovenia EUR 2 073 2 019 1 894 2.7 6.6 1.8 1.0
Slovakia EUR 2 005 + 2 101 1 903 -4.6 10.4 -5.4 6.2
Ukraine UAH 20 442 24 009 18 008 -14.9 33.3 -26.5 6.5
Croatia HRK 9 411 9 686 9 065 -2.8 6.9 -5.1 0.7
Malta EUR na. 864 753 na. 14.8 na. 9.7
Bulgaria BGN 1 682 1 811 1 520 -7.1 19.1 -9.4 6.3
Cyprus EUR 750 + 716 675 4.7 6.1 4.6 1.7
Serbia RSD 53 534 52 187 44 780 2.6 16.5 -5.5 2.7
Lithuania LTL 1 314 1 876 1 949 -29.9 -3.8 -32.8 -13.4

Total 2.1 -10.0

Asia Japan (12) JPY 48 485 620 48 573 384 46 150 720 -0.2 5.2 1.4 4.1
PR China CNY 1 113 724 978 396 712 253 13.8 37.4 14.6 29.8
South Korea (12) KRW 119 113 680 110 047 904 107 788 096 8.2 2.1 5.6 -2.5
India (12) INR 3 117 868 * 2 553 558 2 318 317 22.1 10.1 10.1 1.7
Taiwan TWD 2 108 418 2 026 584 1 987 680 4.0 2.0 5.0 -1.5
Hong Kong HKD 179 035 183 249 192 363 -2.3 -4.7 -2.8 -8.7
Singapore SGD 21 020 + 22 211 22 143 -5.4 0.3 -5.9 -5.9
Thailand THB 368 586 329 675 302 758 11.8 8.9 12.8 3.2
Israel ILS 39 607 37 436 36 125 5.8 3.6 2.4 -0.9
Malaysia (12) MYR 34 203 + 31 038 29 791 10.2 4.2 10.2 -1.4
Indonesia IDR 74 636 296 * 73 762 488 64 607 408 1.2 14.2 -3.5 4.0
United Arab Emirates (11) AED 20 039 18 274 14 591 9.7 25.2 8.0 11.6
Iran (13) IRR 46 459 700 40 560 988 33 824 092 14.5 19.9 2.0 -4.3
Saudi Arabia SAR 14 610 10 919 8 583 33.8 27.2 27.4 15.8
Philippines PHP 86 226 * 86 208 103 086 0.0 -16.4 -3.1 -23.5
Vietnam VND 25 493 244 + 21 186 864 17 695 000 20.3 19.7 12.5 -2.7
Pakistan PKR 84 177 * 76 544 66 047 10.0 15.9 -3.2 -3.7
Lebanon LBP 1 435 743 1 327 667 1 147 283 8.1 15.7 4.6 9.7
Bangladesh BDT na. 51 549 42 498 na. 21.3 na. 11.4
Qatar QAR 2 814 3 080 2 551 -8.7 20.7 -4.0 4.9
Kazakhstan KZT 113 290 133 488 147 343 -15.1 -9.4 -20.9 -22.7
Kuwait KWD 182 180 + 166 1.2 8.6 -2.6 -1.8
Oman OMR 238 + 208 165 14.2 26.0 9.9 12.4
Sri Lanka LKR na. na. 51 885 na. na. na. na.
Bahrain BHD 201 187 140 7.5 33.2 4.5 28.8
Jordan JOD 365 333 292 9.6 14.2 10.4 -0.6

Total 4.7 4.8

Africa South Africa (10) ZAR 310 464 * 330 024 * 300 730 -5.9 9.7 -12.2 -0.2
Morocco MAD 20 808 19 747 17 635 5.4 12.0 4.3 8.0
Egypt (14) EGP 8 630 7 683 6 220 12.3 23.5 -3.4 10.7
Algeria DZD 77 339 67 884 53 789 13.9 26.2 7.8 20.8
Nigeria NGN na. na. 100 271 na. na. na. na.
Kenya KES 64 472 55 202 47 490 16.8 16.2 6.9 -7.9
Tunisia TND 1 023 + 962 877 6.3 9.7 2.4 4.5
Namibia NAD na. 5 854 4 393 na. 33.3 na. 20.8
Mauritius MUR 14 745 13 826 11 647 6.6 18.7 4.0 8.2

Total -9.5 1.2

Oceania Australia (15) AUD 77 367 84 869 76 303 -8.8 11.2 -10.5 6.6
New Zealand (15) NZD 10 740 10 445 9 582 2.8 9.0 0.7 4.9

Total -9.4 6.4

World World -0.3 -4.1

Swiss Re, sigma No 2/2010, update December 2010 6

Table III: Total premium volume in USD in 2009

Premium volume Change (in %) 2009 Share of

(in millions of USD) nominal inflation- world market
Ranking Country 2009 2008 (in USD) adjusted17 2009 (in %)
North America 1 United States (9) 1 149 758 1 239 747 -7.3 -7.0 28.03
9 Canada (10) 99 496 104 357 -4.7 1.7 2.43
Total 1 249 254 1 344 105 -7.1 -6.3 30.46
Latin America and 16 Brazil 48 787 47 539 2.6 6.5 1.19
Caribbean 29 Mexico 17 357 + 18 572 -6.5 7.8 0.42
32 Venezuela 14 005 * 10 311 35.8 6.0 0.34
37 Argentina 7 989 + 8 482 -5.8 4.7 0.19
43 Chile 6 239 + 6 963 -10.4 -8.5 0.15
45 Colombia 5 307 + 5 321 -0.3 4.8 0.13
56 Peru 1 724 1 481 16.4 16.4 0.04
66 Ecuador 943 884 6.6 1.4 0.02
67 Panama 847 774 9.5 6.9 0.02
75 Bahamas 748 ** 773 ** -3.3 na. 0.02
76 Trinidad and Tobago 709 ** 820 + -13.5 na. 0.02
77 Dominican Republic 644 636 1.3 3.9 0.02
81 Costa Rica 593 639 * -7.2 -6.3 0.01
82 Uruguay 563 512 + 10.0 10.5 0.01
83 El Salvador 540 + 439 23.0 21.7 0.01
87 Jamaica 513 + 572 -10.3 -4.3 0.01
Other countries 2 319 2 086 0.06
Total 109 827 106 804 2.8 5.4 2.68
Europe 3 United Kingdom 312 165 395 627 -21.1 -8.6 7.61
4 France 283 070 + 275 880 2.6 8.2 6.90
5 Germany 239 941 240 362 -0.2 5.0 5.85
6 Italy 169 360 140 689 20.4 26.1 4.13
8 Netherlands 108 144 * 114 518 -5.6 -1.5 2.64
11 Spain 82 775 86 792 -4.6 0.9 2.02
15 Switzerland 49 419 49 068 0.7 1.5 1.20
17 Ireland 48 407 51 949 -6.8 0.1 1.18
18 Belgium 40 470 + 45 172 -10.4 -5.4 0.99
19 Russia 39 576 39 015 1.4 -8.2 0.96
21 Sweden 32 839 36 960 -11.1 3.6 0.80
22 Denmark 30 031 + 32 408 -7.3 -3.8 0.73
23 Luxembourg 27 714 + 19 303 43.6 51.5 0.68
25 Austria 22 884 23 849 -4.0 0.8 0.56
26 Finland 22 872 23 544 -2.9 2.5 0.56
27 Portugal 19 358 22 704 -14.7 -9.3 0.47
28 Norway 18 024 20 475 -12.0 -3.9 0.44
30 Poland 16 286 24 403 -33.3 -16.9 0.40
36 Liechtenstein 8 222 + 5 439 51.2 52.4 0.20
38 Turkey 7 853 8 878 -11.6 -0.8 0.19
39 Czech Republic 7 561 8 170 -7.5 2.7 0.18
42 Greece 6 556 ** 6 987 * -6.2 -2.2 0.16
47 Hungary 3 989 5 018 -20.5 -10.1 0.10
49 Romania 2 898 + 3 548 -18.3 -6.4 0.07
50 Slovenia 2 891 2 971 -2.7 1.8 0.07
51 Slovakia 2 794 + 2 963 -5.7 -5.4 0.07
52 Ukraine 2 624 4 558 -42.4 -26.5 0.06
55 Croatia 1 781 1 963 -9.3 -5.1 0.04
59 Malta 1 214 1 271 -4.5 na. 0.03
60 Bulgaria 1 195 1 354 -11.7 -9.4 0.03
62 Cyprus 1 045 + 1 053 -0.8 4.6 0.03
70 Serbia 792 937 -15.5 -5.5 0.02
85 Lithuania 529 796 -33.5 -32.8 0.01
Other countries 2 319 2 856 0.06
Total 1 617 597 1 701 480 -4.9 2.1 39.44
Asia 2 Japan (12) 518 070 483 374 7.2 1.4 12.63
7 PR China 163 046 140 812 15.8 14.6 3.98
10 South Korea (12) 96 676 90 623 6.7 5.6 2.36
12 India (12) 65 085 * 55 527 17.2 10.1 1.59
13 Taiwan 63 774 64 265 -0.8 5.0 1.55
24 Hong Kong 23 096 23 533 -1.9 -2.8 0.56
31 Singapore 14 451 + 15 699 -8.0 -5.9 0.35
33 Thailand 10 743 9 999 7.4 12.8 0.26
34 Israel 10 071 10 434 -3.5 2.4 0.25
35 Malaysia (12) 9 806 + 9 044 8.4 10.2 0.24
40 Indonesia 7 195 * 7 654 -6.0 -3.5 0.18
44 United Arab Emirates (11) 5 456 4 976 9.7 8.0 0.13
46 Iran (13) 4 680 4 302 8.8 2.0 0.11
48 Saudi Arabia 3 896 2 912 33.8 27.4 0.09
54 Philippines 1 810 * 1 938 -6.6 -3.1 0.04
58 Vietnam 1 432 + 1 300 10.2 12.5 0.03
63 Pakistan 1 030 * 1 087 -5.3 -3.2 0.03
65 Lebanon 952 881 8.1 4.6 0.02
68 Bangladesh 841 ** 751 12.0 na. 0.02
71 Qatar 773 ** 846 -8.7 -4.0 0.02
72 Kazakhstan 768 1 110 -30.8 -20.9 0.02
78 Kuwait 633 ** 670 + -5.5 -2.6 0.02
79 Oman 619 + 542 14.2 9.9 0.02
80 Sri Lanka 609 ** 590 ** 3.2 na. 0.01
84 Bahrain 533 496 7.5 4.5 0.01
86 Jordan 514 469 9.6 10.4 0.01
Other countries 1 570 1 591 0.04
Total 1 008 132 935 428 7.8 4.7 24.58
Africa 20 South Africa (10) 36 857 * 39 960 * -7.8 -12.2 0.90
53 Morocco 2 583 2 548 1.4 4.3 0.06
57 Egypt (14) 1 565 1 396 12.1 -3.4 0.04
61 Algeria 1 065 1 051 1.3 7.8 0.03
64 Nigeria 983 ** 1 034 ** -4.9 na. 0.02
69 Kenya 833 798 4.4 6.9 0.02
73 Tunisia 758 + 781 -2.9 2.4 0.02
74 Namibia 748 ** 709 ** 5.6 na. 0.02
88 Mauritius 461 486 -5.1 4.0 0.01
Other countries 3 649 3 863 0.09
Total 49 502 52 625 -5.9 -9.5 1.21
Oceania 14 Australia (15) 60 394 70 944 -14.9 -10.5 1.47
41 New Zealand (15) 6 712 7 341 -8.6 0.7 0.16
Other countries 239 251 0.01
Total 67 346 78 536 -14.2 -9.4 1.64
World World 4 101 658 4 218 979 -2.8 -0.3 100.00

Swiss Re, sigma No 2/2010, update December 2010 7

Table IV: Life insurance premium volume in local currency in 2009

Premium volume Change (in %) Change (in %)

(in millions of local currency) nominal inflation-adjusted
Country Currency 2009 2008 2007 2009 2008 2009 2008
North America United States (9) USD 501 675 578 508 579 215 -13.3 -0.1 -13.0 -3.8
Canada (10) CAD 51 545 49 646 48 700 3.8 1.9 3.5 -0.4
Total -11.8 -3.5
Latin America and Brazil BRL 49 469 41 402 36 517 19.5 13.4 13.9 7.3
Caribbean Mexico MXN 103 896 + 92 702 83 978 12.1 10.4 6.4 5.0
Chile CLP 2 085 398 + 2 175 082 1 880 268 -4.1 15.7 -8.6 6.6
Colombia COP 3 626 783 + 3 598 083 2 388 997 0.8 50.6 -3.3 40.8
Argentina ARS 5 289 + 6 250 6 405 -15.4 -2.4 -20.4 -10.1
Peru PEN 2 054 1 832 1 597 12.1 14.7 8.9 8.4
Venezuela VEF 1 076 * 799 537 34.7 48.7 6.0 14.0
Panama PAB 239 222 182 7.7 21.7 5.2 11.9
Jamaica JMD 19 390 + 18 740 11 511 3.5 62.8 -5.6 33.4
Trinidad and Tobago TTD na. 1 521 + 6 528 na. -76.7 na. -79.2
Bahamas BSD na. na. 191 + na. na. na. na.
El Salvador SVC 1 612 + 1 269 1 034 27.0 22.8 25.7 15.1
Ecuador USD 157 141 107 11.4 32.1 6.0 21.9
Uruguay UYU 2 719 2 191 + 1 704 24.1 28.6 15.9 19.2
Dominican Republic DOP 3 560 3 585 3 384 -0.7 5.9 -2.1 -4.2
Costa Rica CRC 31 207 28 255 * 20 924 * 10.4 35.0 2.4 19.1

Total 7.2 4.5

Europe United Kingdom GBP 138 468 154 421 211 683 -10.3 -27.1 -12.2 -29.6
France EUR 139 265 + 124 344 137 528 12.0 -9.6 11.9 -12.1
Italy EUR 82 730 56 176 64 406 47.3 -12.8 46.1 -15.6
Germany EUR 80 366 74 890 74 498 7.3 0.5 7.0 -2.1
Ireland EUR 28 230 28 500 38 590 -0.9 -26.1 0.8 -28.4
Spain EUR 28 119 27 296 23 241 3.0 17.4 3.3 12.8
Netherlands EUR 24 224 * 26 388 26 394 -8.2 0.0 -9.3 -2.4
Switzerland CHF 29 488 29 384 28 709 0.4 2.4 0.8 -0.1
Belgium EUR 18 238 + 19 802 22 179 -7.9 -10.7 -7.9 -14.6
Sweden SEK 190 746 170 738 161 954 11.7 5.4 12.1 1.9
Luxembourg EUR 17 649 + 10 814 10 988 63.2 -1.6 63.2 -5.5
Denmark DKK 103 278 108 412 98 224 -4.7 10.4 -6.0 6.7
Finland EUR 13 068 12 738 11 917 2.6 6.9 2.6 2.7
Portugal EUR 10 023 11 070 9 459 -9.5 17.0 -8.7 14.1
Austria EUR 7 416 7 362 7 206 0.7 2.2 0.2 -1.0
Norway NOK 62 779 65 974 67 103 -4.8 -1.7 -6.9 -5.3
Poland PLN 25 875 34 859 21 997 -25.8 58.5 -28.6 52.1
Liechtenstein CHF 8 450 + 5 563 6 615 51.9 -15.9 52.6 -17.9
Greece EUR 2 447 2 476 2 501 -1.2 -1.0 -2.4 -4.9
Czech Republic CZK 60 230 56 900 54 125 5.9 5.1 5.2 -1.1
Hungary HUF 410 603 459 020 504 766 -10.5 -9.1 -14.0 -14.2
Slovakia EUR 935 + 991 842 -5.6 17.6 -6.4 13.2
Turkey TRY 1 776 1 553 1 411 14.4 10.0 7.6 -0.4
Slovenia EUR 630 643 609 -2.0 5.5 -2.8 0.0
Russia RUB 15 713 19 319 22 700 -18.7 -14.9 -27.2 -25.4
Romania RON 1 625 + 1 839 1 418 -11.6 29.7 -16.3 20.2
Croatia HRK 2 489 2 546 2 483 -2.2 2.5 -4.5 -3.4
Cyprus EUR 320 + 310 310 3.5 0.0 3.3 -4.2
Malta EUR na. 215 244 na. -11.9 na. -15.9
Lithuania LTL 406 471 694 -13.7 -32.2 -17.2 -39.0
Bulgaria BGN 200 247 228 -19.3 8.6 -21.2 -3.0
Serbia RSD 7 314 5 922 4 597 23.5 28.8 13.7 13.5
Ukraine UAH 827 1 096 784 -24.5 39.8 -34.8 11.6

Total 3.7 -15.7

Asia Japan (12) JPY 38 400 316 38 220 864 35 535 488 0.5 7.6 2.1 6.4
PR China CNY 745 744 665 812 446 292 12.0 49.2 12.8 40.9
South Korea (12) KRW 76 956 792 73 561 360 75 095 608 4.6 -2.0 2.1 -6.4
India (12) INR 2 736 045 * 2 217 913 2 013 514 23.4 10.2 11.3 1.7
Taiwan TWD 1 730 110 1 663 409 1 636 001 4.0 1.7 4.9 -1.8
Hong Kong HKD 156 081 161 946 173 016 -3.6 -6.4 -4.1 -10.2
Singapore SGD 12 238 + 14 319 15 128 -14.5 -5.3 -15.0 -11.2
Malaysia (12) MYR 22 683 + 20 142 19 747 12.6 2.0 12.6 -3.5
Thailand THB 219 829 187 142 169 374 17.5 10.5 18.5 4.8
Israel ILS 19 785 18 802 17 433 5.2 7.9 1.8 3.1
Indonesia IDR 47 827 564 * 47 194 596 43 198 820 1.3 9.2 -3.3 -0.5
Philippines PHP 53 344 * 54 711 74 364 -2.5 -26.4 -5.6 -32.7
United Arab Emirates (11 AED 3 273 2 660 2 649 23.0 0.4 21.2 -10.6
Vietnam VND 11 849 283 + 10 307 617 9 437 000 15.0 9.2 7.5 -11.3
Bangladesh BDT na. 38 966 31 815 na. 22.5 na. 12.5
Pakistan PKR 41 556 * 34 862 27 693 19.2 25.9 4.9 4.7
Iran (13) IRR 3 206 209 2 115 700 1 892 229 51.5 11.8 35.0 -10.8
Saudi Arabia SAR 1 003 594 327 68.9 81.6 60.8 65.3
Sri Lanka LKR na. na. 20 729 na. na. na. na.
Lebanon LBP 350 343 437 784 419 688 -20.0 4.3 -22.6 -1.1
Bahrain BHD 57 52 38 11.1 36.8 8.0 32.2
Kuwait KWD 35 35 + 30 1.2 15.6 -2.6 4.6
Oman OMR 40 + 41 32 -1.8 29.7 -5.5 15.8
Kazakhstan KZT 9 331 5 783 4 665 61.4 24.0 50.4 5.8
Jordan JOD 35 36 29 -2.8 22.9 -2.1 7.0
Qatar QAR 0 0 0 na. na.

Total 4.2 5.7

Africa South Africa (10) ZAR 242 364 * 268 224 * 242 631 -9.6 10.5 -15.7 0.6
Morocco MAD 6 643 6 558 5 864 1.3 11.8 0.3 7.8
Egypt (14) EGP 3 880 3 514 2 946 10.4 19.3 -5.0 6.8
Namibia NAD na. 4 430 3 228 na. 37.3 na. 24.4
Mauritius MUR 9 510 9 091 7 743 4.6 17.4 2.0 7.0
Kenya KES 21 363 18 307 14 542 16.7 25.9 6.8 -0.3
Nigeria NGN na. na. 15 750 na. na. na. na.
Tunisia TND 135 + 110 95 22.4 16.1 17.9 10.7
Algeria DZD 5 789 5 394 3 542 7.3 52.3 1.5 45.8

Total -14.5 1.3

Oceania Australia (15) AUD 41 602 51 078 43 550 -18.6 17.3 -20.0 12.4
New Zealand (15) NZD 1 725 1 605 1 514 7.5 6.0 5.3 1.9

Total -19.4 12.1

World World -0.8 -6.3

Swiss Re, sigma No 2/2010, update December 2010 8

Table V: Life premium volume in USD in 2009

Premium volume Change (in %) 2009 Share of total Share of

(in millions of USD) nominal inflation- business world market
Ranking Country 2009 2008 (in USD) adjusted(17) 2009 (in %) 2009 (in %)
North America 1 United States (9) 501 675 578 508 -13.3 -13.0 43.6 21.26
11 Canada (10) 45 154 46 525 -2.9 3.5 45.4 1.91
Total 546 829 625 032 -12.5 -11.8 43.8 23.18
Latin America and 20 Brazil 24 764 22 567 9.7 13.9 50.8 1.05
Caribbean 31 Mexico 7 688 + 8 329 -7.7 6.4 44.3 0.33
36 Chile 3 726 + 4 163 -10.5 -8.6 59.7 0.16
40 Colombia 1 683 + 1 829 -8.0 -3.3 31.7 0.07
41 Argentina 1 424 + 1 988 -28.4 -20.4 17.8 0.06
50 Peru 682 626 8.9 8.9 39.6 0.03
57 Venezuela 501 * 369 35.8 6.0 3.6 0.02
66 Panama 239 222 7.7 5.2 28.2 0.01
68 Jamaica 228 + 258 -11.4 -5.6 44.5 0.01
69 Trinidad and Tobago 209 ** 242 + -13.5 na. 29.5 0.01
70 Bahamas 193 ** 200 ** -3.3 na. 25.8 0.01
71 El Salvador 184 + 145 27.0 25.7 34.1 0.01
73 Ecuador 157 141 11.4 6.0 16.6 0.01
78 Uruguay 121 105 + 15.4 15.9 21.4 0.01
83 Dominican Republic 99 104 -4.5 -2.1 15.4 0.00
86 Costa Rica 54 54 * 1.4 2.4 9.2 0.00
Other countries 591 373 25.5 0.03
Total 42 544 41 713 2.0 7.2 38.7 1.80
Europe 3 United Kingdom 216 719 286 112 -24.3 -12.2 69.4 9.19
4 France 194 077 + 182 885 6.1 11.9 68.6 8.23
5 Italy 115 290 82 623 39.5 46.1 68.1 4.89
6 Germany 111 996 110 148 1.7 7.0 46.7 4.75
12 Ireland 39 341 41 918 -6.1 0.8 81.3 1.67
13 Spain 39 186 40 147 -2.4 3.3 47.3 1.66
14 Netherlands 33 758 * 38 811 -13.0 -9.3 31.2 1.43
17 Switzerland 27 140 27 136 0.0 0.8 54.9 1.15
18 Belgium 25 416 + 29 125 -12.7 -7.9 62.8 1.08
19 Sweden 24 904 25 903 -3.9 12.1 75.8 1.06
21 Luxembourg 24 616 + 15 913 54.7 63.2 88.8 1.04
23 Denmark 19 265 21 265 -9.4 -6.0 64.2 0.82
24 Finland 18 212 18 735 -2.8 2.6 79.6 0.77
25 Portugal 13 968 16 282 -14.2 -8.7 72.2 0.59
26 Austria 10 335 10 828 -4.6 0.2 45.2 0.44
27 Norway 9 983 11 704 -14.7 -6.9 55.4 0.42
29 Poland 8 290 14 469 -42.7 -28.6 50.9 0.35
30 Liechtenstein 7 777 + 5 137 51.4 52.6 94.6 0.33
37 Greece 3 409 ** 3 642 -6.4 -2.4 52.0 0.14
38 Czech Republic 3 160 3 333 -5.2 5.2 41.8 0.13
39 Hungary 2 029 2 667 -23.9 -14.0 50.9 0.09
42 Slovakia 1 304 + 1 398 -6.7 -6.4 46.7 0.06
43 Turkey 1 148 1 197 -4.0 7.6 14.6 0.05
47 Slovenia 879 946 -7.1 -2.8 30.4 0.04
52 Russia 636 792 -19.7 -27.2 1.6 0.03
55 Romania 533 + 730 -27.0 -16.3 18.4 0.02
58 Croatia 471 516 -8.7 -4.5 26.4 0.02
59 Cyprus 446 + 455 -2.0 3.3 42.7 0.02
61 Malta 302 316 -4.5 na. 24.8 0.01
72 Lithuania 164 200 -18.1 -17.2 30.9 0.01
76 Bulgaria 142 185 -23.3 -21.2 11.9 0.01
79 Serbia 108 106 1.8 13.7 13.7 0.00
80 Ukraine 106 208 -48.9 -34.8 4.0 0.00
Other countries 265 294 11.4 0.01
Total 955 373 996 122 -4.1 3.7 59.1 40.49
Asia 2 Japan (12) 410 309 380 352 7.9 2.1 79.2 17.39
7 PR China 109 175 95 825 13.9 12.8 67.0 4.63
8 South Korea (12) 62 461 60 577 3.1 2.1 64.6 2.65
9 India (12) 57 114 * 48 229 18.4 11.3 87.8 2.42
10 Taiwan 52 331 52 748 -0.8 4.9 82.1 2.22
22 Hong Kong 20 135 20 797 -3.2 -4.1 87.2 0.85
28 Singapore 8 414 + 10 121 -16.9 -15.0 58.2 0.36
32 Malaysia (12) 6 503 + 5 869 10.8 12.6 66.3 0.28
33 Thailand 6 407 5 676 12.9 18.5 59.6 0.27
34 Israel 5 031 5 240 -4.0 1.8 50.0 0.21
35 Indonesia 4 611 * 4 897 -5.8 -3.3 64.1 0.20
44 Philippines 1 120 * 1 230 -9.0 -5.6 61.9 0.05
46 United Arab Emirates (11 891 724 23.0 21.2 16.3 0.04
51 Vietnam 666 + 632 5.3 7.5 46.5 0.03
53 Bangladesh 636 ** 568 12.0 na. 75.6 0.03
56 Pakistan 508 * 495 2.7 4.9 49.4 0.02
60 Iran (13) 323 224 43.9 35.0 6.9 0.01
64 Saudi Arabia 267 158 68.9 60.8 6.9 0.01
65 Sri Lanka 243 ** 236 ** 3.2 na. 40.0 0.01
67 Lebanon 232 290 -20.0 -22.6 24.4 0.01
75 Bahrain 152 137 11.1 8.0 28.6 0.01
77 Kuwait 122 ** 129 + -5.5 -2.6 19.3 0.01
81 Oman 105 + 107 -1.8 -5.5 17.0 0.00
85 Kazakhstan 63 48 31.6 50.4 8.2 0.00
87 Jordan 49 51 -2.8 -2.1 9.6 0.00
88 Qatar 0 ** 0 na. 0.0 0.00
Other countries 485 481 30.9 0.02
Total 748 355 695 843 7.5 4.2 74.2 31.72
Africa 16 South Africa (10) 28 773 * 32 477 * -11.4 -15.7 78.1 1.22
48 Morocco 825 846 -2.6 0.3 31.9 0.03
49 Egypt (14) 704 638 10.2 -5.0 45.0 0.03
54 Namibia 566 ** 536 ** 5.6 na. 75.7 0.02
62 Mauritius 298 320 -6.9 2.0 64.5 0.01
63 Kenya 276 265 4.4 6.8 33.1 0.01
74 Nigeria 154 ** 162 ** -4.9 na. 15.7 0.01
82 Tunisia 100 + 90 11.8 17.9 13.2 0.00
84 Algeria 80 84 -4.6 1.5 7.5 0.00
Other countries 856 943 23.4 0.04
Total 32 631 36 361 -10.3 -14.5 65.9 1.38
Oceania 15 Australia (15) 32 475 42 698 -23.9 -20.0 53.8 1.38
45 New Zealand (15) 1 078 1 128 -4.4 5.3 16.1 0.05
Other countries 61 68 25.3 0.00
Total 33 614 43 894 -23.4 -19.4 49.9 1.42
World World 2 359 346 2 438 966 -3.3 -0.8 57.5 100.00

Swiss Re, sigma No 2/2010, update December 2010 9

Table VI: Non-life insurance premium volume in local currency in 2009

Premium volume Change (in %) Change (in %)

(in millions of local currency) nominal inflation-adjusted
Country Currency 2009 2008 2007 2009 2008 2009 2008
North America United States (9) USD 648 083 661 240 658 674 -2.0 0.4 -1.7 -3.3
Canada (10) CAD 62 033 61 713 59 515 0.5 3.7 0.2 1.3
Total -1.5 -2.9
Latin America and Brazil BRL 47 988 45 813 39 529 4.7 15.9 -0.1 9.7
Caribbean Venezuela VEF 29 013 * 21 535 14 862 34.7 44.9 6.0 11.1
Mexico MXN 130 653 + 114 001 107 990 14.6 5.6 8.8 0.4
Argentina ARS 24 387 + 20 418 15 405 19.4 32.5 12.4 22.1
Colombia COP 7 809 911 + 6 872 726 6 137 259 13.6 12.0 9.1 4.7
Chile CLP 1 405 956 + 1 462 974 1 178 678 -3.9 24.1 -8.4 14.4
Peru PEN 3 137 2 499 2 115 25.5 18.2 21.9 11.7
Ecuador USD 786 743 572 5.7 29.9 0.6 19.9
Panama PAB 608 552 424 10.2 30.0 7.6 19.5
Bahamas BSD na. na. 549 + na. na. na. na.
Dominican Republic DOP 19 633 18 425 16 857 6.6 9.3 5.0 -1.2
Costa Rica CRC 308 473 307 774 * 232 750 * 0.2 32.2 -7.1 16.6
Trinidad and Tobago TTD na. 3 635 + 2 387 na. 52.3 na. 35.9
Uruguay UYU 9 975 8 537 + 7 284 16.8 17.2 9.1 8.7
El Salvador SVC 3 117 + 2 575 2 418 21.1 6.5 19.8 -0.2
Jamaica JMD 24 227 22 872 21 825 5.9 4.8 -3.3 -14.1

Total 4.3 9.1

Europe Germany EUR 91 811 88 533 88 628 3.7 -0.1 3.4 -2.7
United Kingdom GBP 60 983 59 108 57 811 3.2 2.2 1.0 -1.3
France EUR 63 860 + 63 228 60 348 1.0 4.8 0.9 1.9
Netherlands EUR 53 377 * 51 473 48 092 3.7 7.0 2.5 4.4
Italy EUR 38 800 39 479 39 508 -1.7 -0.1 -2.5 -3.3
Spain EUR 31 279 31 714 31 411 -1.4 1.0 -1.1 -3.0
Russia RUB 961 812 932 655 753 291 3.1 23.8 -7.8 8.5
Switzerland CHF 24 206 23 750 23 270 1.9 2.1 2.4 -0.4
Belgium EUR 10 802 + 10 911 10 601 -1.0 2.9 -0.9 -1.5
Austria EUR 9 005 8 853 8 667 1.7 2.1 1.2 -1.0
Denmark DKK 57 716 + 56 807 56 409 1.6 0.7 0.3 -2.6
Ireland EUR 6 506 6 820 7 453 -4.6 -8.5 -3.0 -11.2
Norway NOK 50 570 49 438 46 922 2.3 5.4 0.1 1.5
Poland PLN 24 960 23 933 21 001 4.3 14.0 0.3 9.4
Sweden SEK 60 777 72 885 69 565 -16.6 4.8 -16.3 1.3
Turkey TRY 10 369 9 970 9 385 4.0 6.2 -2.1 -3.8
Portugal EUR 3 868 4 367 4 413 -11.4 -1.0 -10.7 -3.5
Finland EUR 3 344 3 270 3 144 2.3 4.0 2.3 -0.1
Czech Republic CZK 83 904 82 571 77 801 1.6 6.1 1.0 -0.2
Greece EUR 2 258 2 275 * 2 185 -0.7 4.1 -1.9 0.0
Luxembourg EUR 2 221 + 2 304 1 446 -3.6 59.3 -3.6 53.1
Ukraine UAH 19 615 22 913 17 224 -14.4 33.0 -26.1 6.3
Romania RON 7 212 + 7 098 5 758 1.6 23.3 -3.8 14.2
Slovenia EUR 1 443 1 376 1 285 4.8 7.1 3.9 1.5
Hungary HUF 396 632 404 699 399 342 -2.0 1.3 -5.8 -4.4
Slovakia EUR 1 069 + 1 110 1 061 -3.7 4.6 -4.5 0.7
Croatia HRK 6 923 7 140 6 582 -3.0 8.5 -5.3 2.2
Bulgaria BGN 1 482 1 563 1 292 -5.2 21.0 -7.5 8.0
Malta EUR na. 650 509 na. 27.7 na. 22.0
Serbia RSD 46 220 46 265 40 183 -0.1 15.1 -8.0 1.4
Cyprus EUR 430 + 407 365 5.7 11.3 5.5 6.6
Liechtenstein CHF 483 + 327 232 47.9 41.0 48.6 37.7
Lithuania LTL 908 1 405 1 254 -35.4 12.0 -38.0 0.8

Total -0.2 0.0

Asia Japan (12) JPY 10 085 305 10 352 520 10 615 230 -2.6 -2.5 -1.0 -3.5
PR China CNY 367 980 312 584 265 961 17.7 17.5 18.5 11.0
South Korea (12) KRW 42 156 888 36 486 540 32 692 490 15.5 11.6 12.8 6.6
Taiwan TWD 378 308 363 175 351 679 4.2 3.3 5.1 -0.2
India (12) INR 381 822 + 335 645 304 803 13.8 10.1 2.6 1.6
Singapore SGD 8 781 7 892 7 015 11.3 12.5 10.6 5.5
Israel ILS 19 821 18 635 18 692 6.4 -0.3 2.9 -4.7
United Arab Emirates (11 AED 16 766 15 614 11 942 7.4 30.7 5.7 16.5
Iran (13) IRR 43 253 492 38 445 288 31 931 862 12.5 20.4 0.2 -4.0
Thailand THB 148 757 142 533 133 384 4.4 6.9 5.3 1.3
Saudi Arabia SAR 13 607 10 325 8 256 31.8 25.1 25.4 13.8
Malaysia (12) MYR 11 520 + 10 896 10 044 5.7 8.5 5.7 2.6
Hong Kong HKD 22 954 21 303 19 347 7.8 10.1 7.2 5.6
Indonesia IDR 26 808 732 * 26 567 892 21 408 586 0.9 24.1 -3.7 13.0
Qatar QAR 2 814 * 3 080 2 551 -8.7 20.7 -4.0 4.9
Vietnam VND 13 643 961 + 10 879 248 8 258 000 25.4 31.7 17.2 7.0
Lebanon LBP 1 085 400 889 884 727 595 22.0 22.3 18.0 15.9
Kazakhstan KZT 103 958 127 705 142 678 -18.6 -10.5 -24.1 -23.6
Philippines PHP 32 883 * 31 496 28 722 4.4 9.7 1.1 0.3
Pakistan PKR 42 622 * 41 682 38 354 2.3 8.7 -10.0 -9.7
Oman OMR 197 + 167 134 18.1 25.1 13.6 11.6
Kuwait KWD 147 145 + 136 1.2 7.0 -2.6 -3.2
Jordan JOD 330 297 262 11.1 13.2 11.9 -1.5
Bahrain BHD 143 135 102 6.1 31.9 3.1 27.5
Sri Lanka LKR na. na. 31 156 na. na. na. na.
Bangladesh BDT na. 12 583 10 683 na. 17.8 na. 8.2

Total 6.0 2.0

Africa South Africa (10) ZAR 68 100 61 800 58 099 10.2 6.4 2.9 -3.2
Morocco MAD 14 165 13 190 11 771 7.4 12.1 6.3 8.0
Algeria DZD 71 550 62 490 50 247 14.5 24.4 8.3 19.1
Egypt (14) EGP 4 750 4 170 3 274 13.9 27.4 -2.0 14.1
Nigeria NGN na. na. 84 521 na. na. na. na.
Tunisia TND 888 852 782 4.2 8.9 0.4 3.8
Kenya KES 43 108 36 896 32 948 16.8 12.0 7.0 -11.3
Namibia NAD na. 1 423 1 165 na. 22.1 na. 10.7
Mauritius MUR 5 235 4 735 3 904 10.6 21.3 7.8 10.5

Total 4.0 1.0

Oceania Australia (15) AUD 35 765 33 791 32 753 5.8 3.2 3.9 -1.1
New Zealand (15) NZD 9 014 8 840 8 067 2.0 9.6 -0.1 5.4

Total 3.2 0.0

World World 0.4 -0.7

Swiss Re, sigma No 2/2010, update December 2010 10

Table VII: Non-life premium volume in USD in 2009

Premium volume Change (in %) 2009 Share of total Share of

(in millions of USD) nominal inflation- business world market
Ranking Country 2009 2008 (in USD) adjusted (17) 2009 (in %) 2009 (in %)
North America 1 United States (9) 648 083 661 240 -2.0 -1.7 56.4 37.20
7 Canada (10) 54 342 57 833 -6.0 0.2 54.6 3.12
Total 702 425 719 072 -2.3 -1.5 56.2 40.32
Latin America and 14 Brazil 24 023 24 972 -3.8 -0.1 49.2 1.38
Caribbean 17 Venezuela 13 504 * 9 942 35.8 6.0 96.4 0.78
21 Mexico 9 668 + 10 243 -5.6 8.8 55.7 0.55
29 Argentina 6 565 + 6 494 1.1 12.4 82.2 0.38
40 Colombia 3 624 + 3 493 3.8 9.1 68.3 0.21
47 Chile 2 512 + 2 800 -10.3 -8.4 40.3 0.14
55 Peru 1 042 855 21.9 21.9 60.4 0.06
60 Ecuador 786 743 5.7 0.6 83.4 0.05
68 Panama 608 552 10.2 7.6 71.8 0.03
71 Bahamas 555 ** 574 ** -3.3 na. 74.2 0.03
72 Dominican Republic 545 532 2.5 5.0 84.6 0.03
73 Costa Rica 538 585 * -8.0 -7.1 90.8 0.03
77 Trinidad and Tobago 500 ** 578 + -13.5 na. 70.5 0.03
80 Uruguay 443 407 + 8.7 9.1 78.6 0.03
84 El Salvador 356 + 294 21.1 19.8 65.9 0.02
85 Jamaica 285 314 -9.3 -3.3 55.5 0.02
Other countries 1 728 1 713 74.5 0.10
Total 67 283 65 091 3.4 4.3 61.3 3.86
Europe 2 Germany 127 945 130 213 -1.7 3.4 53.3 7.34
4 United Kingdom 95 446 109 515 -12.8 1.0 30.6 5.48
5 France 88 993 + 92 995 -4.3 0.9 31.4 5.11
6 Netherlands 74 385 * 75 706 -1.7 2.5 68.8 4.27
8 Italy 54 070 58 066 -6.9 -2.5 31.9 3.10
10 Spain 43 589 46 645 -6.6 -1.1 52.7 2.50
11 Russia 38 940 38 224 1.9 -7.8 98.4 2.23
15 Switzerland 22 278 21 933 1.6 2.4 45.1 1.28
16 Belgium 15 054 + 16 047 -6.2 -0.9 37.2 0.86
18 Austria 12 549 13 021 -3.6 1.2 54.8 0.72
20 Denmark 10 766 + 11 143 -3.4 0.3 35.8 0.62
22 Ireland 9 066 10 031 -9.6 -3.0 18.7 0.52
24 Norway 8 041 8 771 -8.3 0.1 44.6 0.46
25 Poland 7 996 9 934 -19.5 0.3 49.1 0.46
27 Sweden 7 935 11 057 -28.2 -16.3 24.2 0.46
28 Turkey 6 704 7 682 -12.7 -2.1 85.4 0.38
32 Portugal 5 390 6 423 -16.1 -10.7 27.8 0.31
34 Finland 4 660 4 810 -3.1 2.3 20.4 0.27
36 Czech Republic 4 401 4 837 -9.0 1.0 58.2 0.25
42 Greece 3 146 ** 3 345 * -6.0 -1.9 48.0 0.18
43 Luxembourg 3 098 + 3 390 -8.6 -3.6 11.2 0.18
46 Ukraine 2 518 4 350 -42.1 -26.1 96.0 0.14
48 Romania 2 365 + 2 818 -16.1 -3.8 81.6 0.14
49 Slovenia 2 012 2 025 -0.6 3.9 69.6 0.12
50 Hungary 1 960 2 351 -16.6 -5.8 49.1 0.11
52 Slovakia 1 490 + 1 566 -4.8 -4.5 53.3 0.09
53 Croatia 1 310 1 447 -9.5 -5.3 73.6 0.08
54 Bulgaria 1 053 1 169 -9.9 -7.5 88.1 0.06
57 Malta 912 956 -4.5 na. 75.2 0.05
66 Serbia 684 831 -17.7 -8.0 86.3 0.04
69 Cyprus 599 + 598 0.2 5.5 57.3 0.03
79 Liechtenstein 445 + 302 47.4 48.6 5.4 0.03
82 Lithuania 366 596 -38.6 -38.0 69.1 0.02
Other countries 2 054 2 562 88.6 0.12
Total 662 224 705 358 -6.1 -0.2 40.9 38.01
Asia 3 Japan (12) 107 762 103 022 4.6 -1.0 20.8 6.18
9 PR China 53 871 44 988 19.7 18.5 33.0 3.09
12 South Korea (12) 34 216 30 046 13.9 12.8 35.4 1.96
19 Taiwan 11 443 11 517 -0.6 5.1 17.9 0.66
26 India (12) 7 970 + 7 299 9.2 2.6 12.2 0.46
30 Singapore 6 037 5 578 8.2 10.6 41.8 0.35
33 Israel 5 040 5 194 -3.0 2.9 50.0 0.29
35 United Arab Emirates (11 4 565 4 252 7.4 5.7 83.7 0.26
37 Iran (13) 4 357 4 078 6.8 0.2 93.1 0.25
38 Thailand 4 336 4 323 0.3 5.3 40.4 0.25
39 Saudi Arabia 3 629 2 753 31.8 25.4 93.1 0.21
41 Malaysia (12) 3 303 + 3 175 4.0 5.7 33.7 0.19
44 Hong Kong 2 961 2 736 8.2 7.2 12.8 0.17
45 Indonesia 2 585 * 2 757 -6.3 -3.7 35.9 0.15
61 Qatar 773 * 846 -8.7 -4.0 100.0 0.04
62 Vietnam 767 + 667 14.9 17.2 53.5 0.04
63 Lebanon 720 590 22.0 18.0 75.6 0.04
64 Kazakhstan 705 1 062 -33.6 -24.1 91.8 0.04
65 Philippines 690 * 708 -2.5 1.1 38.1 0.04
74 Pakistan 521 * 592 -11.9 -10.0 50.6 0.03
75 Oman 514 + 435 18.1 13.6 83.0 0.03
76 Kuwait 511 ** 541 + -5.5 -2.6 80.7 0.03
78 Jordan 465 419 11.1 11.9 90.4 0.03
81 Bahrain 381 359 6.1 3.1 71.4 0.02
83 Sri Lanka 366 ** 354 ** 3.2 na. 60.0 0.02
86 Bangladesh 205 ** 183 12.0 na. 24.4 0.01
Other countries 1 085 1 111 69.1 0.06
Total 259 777 239 585 8.4 6.0 25.8 14.91
Africa 23 South Africa (10) 8 085 7 483 8.0 2.9 21.9 0.46
51 Morocco 1 758 1 702 3.3 6.3 68.1 0.10
56 Algeria 985 968 1.8 8.3 92.5 0.06
58 Egypt (14) 861 758 13.7 -2.0 55.0 0.05
59 Nigeria 828 ** 871 ** -4.9 na. 84.3 0.05
67 Tunisia 658 691 -4.9 0.4 86.8 0.04
70 Kenya 557 533 4.5 7.0 66.9 0.03
87 Namibia 182 ** 172 5.6 na. 24.3 0.01
88 Mauritius 164 166 -1.6 7.8 35.5 0.01
Other countries 2 794 2 919 76.6 0.16
Total 16 872 16 264 3.7 4.0 34.1 0.97
Oceania 13 Australia (15) 27 919 28 247 -1.2 3.9 46.2 1.60
31 New Zealand (15) 5 634 6 213 -9.3 -0.1 83.9 0.32
Other countries 178 182 74.7 0.01
Total 33 731 34 643 -2.6 3.2 50.1 1.94
World World 1 742 312 1 780 013 -2.1 0.4 42.5 100.00

Swiss Re, sigma No 2/2010, update December 2010 11

Table VIII: Insurance density: premiums(1) per capita in USD in 2009

Ranking Country Total business Life business Non-life business

North America 10 United States (9) 3 742.6 1 633.0 2 109.6
15 Canada (10) 2 963.6 1 345.0 1 618.6
Total 3 665.8 1 604.6 2 061.2
Latin America and 23 Bahamas 2 187.1 ** 564.5 ** 1 622.6 **
Caribbean 38 Trinidad and Tobago 529.6 ** 156.3 ** 373.3 **
40 Venezuela 490.0 * 17.5 * 472.4 *
44 Chile 367.6 + 219.6 + 148.0 +
49 Brazil 251.8 127.8 124.0
50 Panama 245.3 69.2 176.1
54 Argentina 198.4 + 35.4 + 163.0 +
55 Jamaica 188.7 + 83.9 + 104.8
56 Uruguay 167.6 35.9 131.7
60 Mexico 158.3 + 70.1 + 88.2 +
63 Costa Rica 129.4 11.9 117.5
65 Colombia 116.2 + 36.9 + 79.4 +
68 El Salvador 87.7 + 29.9 + 57.8 +
72 Ecuador 69.2 11.5 57.7
73 Dominican Republic 63.9 9.8 54.1
75 Peru 59.1 23.4 35.7
Total 190.3 73.7 116.6
Europe 1 Netherlands 6 554.6 * 2 046.1 * 4 508.5 *
2 Switzerland 6 380.1 3 503.9 2 876.2
3 Luxembourg (1) 5 232.5 + 3 234.9 + 1 997.6 +
4 Denmark 5 208.3 + 3 495.5 1 712.9 +
5 United Kingdom (1) 4 563.0 3 512.0 1 051.0
6 Ireland (1) 4 458.0 3 298.1 1 159.9
7 Finland 4 292.9 3 418.2 874.7
8 France (1) 4 269.1 + 2 979.8 + 1 289.4 +
11 Sweden 3 547.8 2 690.5 857.3
12 Belgium (1) 3 494.0 + 2 323.3 + 1 170.8 +
13 Norway (1) 3 425.4 2 074.5 1 350.8
16 Germany (1) 2 904.3 1 365.1 1 539.2
19 Austria 2 736.8 1 236.0 1 500.8
20 Italy (1) 2 729.1 1 878.3 850.8
22 Liechtenstein 2 373.0 + 2 350.0 + 22.9 +
25 Portugal 1 807.2 1 305.5 501.7
26 Spain 1 801.8 853.0 948.8
28 Slovenia 1 418.3 431.1 987.2
30 Cyprus 1 300.3 + 555.2 + 745.1 +
32 Malta 905.9 592.5 313.5
33 Czech Republic 745.7 311.6 434.1
36 Greece 581.5 ** 302.4 ** 279.1 **
39 Slovakia 516.8 + 241.2 + 275.7 +
41 Poland 429.7 218.7 211.0
42 Croatia 401.5 106.2 295.3
43 Hungary 398.7 202.8 195.9
48 Russia 280.9 4.5 276.4
57 Lithuania 161.0 49.8 111.3
59 Bulgaria 158.4 18.8 139.6
62 Romania 136.2 + 25.1 + 111.2 +
66 Serbia 108.2 14.8 93.4
67 Turkey 105.0 15.3 89.6
76 Ukraine 57.4 2.3 55.1
Total 1 860.9 1 108.0 752.9
Asia 9 Japan (12) 4 074.3 3 226.8 847.5
14 Hong Kong 3 289.1 2 867.4 421.7
18 Taiwan 2 757.6 2 262.8 494.8
21 Singapore (1) 2 398.3 + 1 776.3 + 622.0
24 South Korea (12) 1 987.2 1 283.9 703.3
29 Israel 1 404.7 701.7 703.0
31 United Arab Emirates (11) 1 186.4 193.8 992.7
35 Bahrain 674.3 192.7 481.6
37 Qatar 548.6 ** 0.0 ** 548.6 *
46 Malaysia (12) 357.0 + 236.7 + 120.2 +
51 Lebanon 225.5 55.0 170.5
52 Oman 217.4 + 36.9 + 180.5 +
53 Kuwait 212.2 ** 41.0 ** 171.2 **
58 Thailand 158.5 94.5 64.0
61 Saudi Arabia 151.5 10.4 141.1
64 PR China 121.2 81.1 40.0
69 Jordan 81.4 7.8 73.7
74 Iran (13) 63.1 4.4 58.7
77 India (12) 54.3 * 47.7 * 6.7 +
78 Kazakhstan 49.1 4.0 45.1
79 Indonesia 31.3 * 20.1 * 11.2 *
81 Sri Lanka 30.1 ** 12.0 ** 18.1 **
83 Philippines 19.7 * 12.2 * 7.5 *
85 Vietnam 16.3 + 7.6 + 8.7 +
87 Pakistan 5.7 * 2.8 * 2.9 *
88 Bangladesh 5.2 ** 3.9 ** 1.3 **
Total 247.4 184.2 63.2
Africa 34 South Africa (10) 735.5 * 574.2 * 161.3
45 Mauritius 358.2 231.0 127.2
47 Namibia 344.7 ** 260.9 ** 83.8 **
70 Morocco 80.7 25.8 55.0
71 Tunisia 73.8 + 9.7 + 64.0
80 Algeria 30.5 2.3 28.2
82 Kenya 20.9 6.9 14.0
84 Egypt (14) 18.9 8.5 10.4
86 Nigeria 6.4 ** 1.0 ** 5.4 **
Total 49.1 32.3 16.7
Oceania 17 Australia 2 836.3 1 525.2 1 311.2
27 New Zealand 1 573.5 252.8 1 320.7
Total 1 865.8 931.3 934.5
World World (2) 600.3 345.3 255.0

Swiss Re, sigma No 2/2010, update December 2010 12

Table IX: Insurance penetration: premiums (1) as a % of GDP in 2009

Ranking Country Total business Life business Non-life business

North America 16 United States (9) 8.07 3.52 4.55
20 Canada (10) 7.44 3.38 4.06
Total 8.02 3.51 4.51
Latin America and 8 Bahamas 10.23 ** 2.64 ** 7.59 **
Caribbean 36 Venezuela 4.30 * 0.15 * 4.14 *
39 Chile 3.81 + 2.28 + 1.54 +
41 Jamaica 3.75 + 1.67 + 2.09
42 Panama 3.51 0.99 2.52
43 Trinidad and Tobago 3.39 ** 1.00 ** 2.39 **
46 Brazil 3.10 1.57 1.53
52 Argentina 2.59 + 0.46 + 2.13 +
54 El Salvador 2.56 + 0.87 + 1.69 +
57 Colombia 2.27 + 0.72 + 1.55 +
61 Costa Rica 2.02 0.19 1.84
62 Mexico 1.99 + 0.88 + 1.11 +
67 Uruguay 1.73 0.37 1.36
69 Ecuador 1.67 0.28 1.39
72 Dominican Republic 1.38 0.21 1.17
74 Peru 1.36 0.54 0.82
Total 2.77 1.07 1.70
Europe 2 Netherlands 13.57 * 4.24 * 9.33 *
3 United Kingdom (1) 12.92 9.94 2.98
7 France (1) 10.37 + 7.24 + 3.13 +
10 Switzerland 10.03 5.51 4.52
11 Finland 9.57 7.62 1.95
12 Denmark 9.26 + 6.21 3.04 +
13 Ireland (1) 9.03 6.68 2.35
14 Portugal 8.24 5.95 2.29
15 Sweden 8.09 6.14 1.96
18 Belgium (1) 7.95 + 5.28 + 2.66 +
19 Italy (1) 7.75 5.34 2.42
21 Germany (1) 7.11 3.34 3.77
24 Austria 6.01 2.71 3.30
25 Slovenia 5.96 1.81 4.15
27 Spain 5.64 2.67 2.97
31 Luxembourg (1) 4.91 + 3.03 + 1.87 +
33 Malta 4.72 3.08 1.63
34 Cyprus 4.43 + 1.89 + 2.54 +
35 Norway (1) 4.36 2.64 1.72
38 Czech Republic 3.97 1.66 2.31
40 Poland 3.77 1.92 1.85
45 Slovakia 3.17 + 1.48 + 1.69 +
47 Hungary 3.09 1.57 1.52
50 Croatia 2.83 0.75 2.08
55 Bulgaria 2.56 0.30 2.25
56 Russia 2.50 0.04 2.46
58 Ukraine 2.23 0.09 2.14
63 Greece 1.98 ** 1.03 ** 0.95 **
65 Romania 1.87 + 0.34 + 1.52 +
66 Serbia 1.81 0.25 1.56
68 Liechtenstein 1.68 + 1.67 + 0.02 +
71 Lithuania 1.43 0.44 0.99
77 Turkey 1.27 0.19 1.09
Total 7.59 4.52 3.07
Asia 1 Taiwan 17.29 14.19 3.10
5 Hong Kong 10.97 9.56 1.41
6 South Korea (12) 10.92 7.05 3.86
9 Japan (12) 10.18 8.06 2.12
22 Singapore (1) 6.23 + 4.62 + 1.62
28 India (12) 5.39 * 4.73 * 0.66 +
30 Israel 5.17 2.58 2.59
32 Malaysia (12) 4.84 + 3.21 + 1.63 +
37 Thailand 4.07 2.43 1.64
44 PR China 3.27 2.19 1.08
48 Lebanon 2.95 0.72 2.23
53 Bahrain 2.59 0.74 1.85
59 United Arab Emirates (11) 2.19 0.36 1.83
60 Jordan 2.05 0.20 1.85
70 Sri Lanka 1.45 ** 0.58 ** 0.87 **
73 Vietnam 1.38 + 0.64 + 0.74 +
75 Oman 1.34 + 0.23 + 1.11 +
76 Indonesia 1.33 * 0.85 * 0.48 *
78 Iran (13) 1.20 0.08 1.12
79 Philippines 1.12 * 0.69 * 0.43 *
80 Saudi Arabia 1.04 0.07 0.97
81 Bangladesh 0.94 ** 0.71 ** 0.23 **
83 Qatar 0.79 ** 0.00 ** 0.79 *
85 Kazakhstan 0.73 0.06 0.67
86 Pakistan 0.66 * 0.33 * 0.33 *
87 Kuwait 0.61 ** 0.12 ** 0.49 **
Total 6.08 4.53 1.55
Africa 4 South Africa (10) 12.89 * 10.07 * 2.83
17 Namibia 8.03 ** 6.08 ** 1.95 **
29 Mauritius 5.32 3.43 1.89
49 Morocco 2.83 0.90 1.92
51 Kenya 2.74 0.91 1.83
64 Tunisia 1.91 + 0.25 + 1.66
82 Egypt (14) 0.83 0.37 0.46
84 Algeria 0.76 0.06 0.70
88 Nigeria 0.48 ** 0.08 ** 0.40 **
Total 3.30 2.17 1.12
Oceania 23 Australia 6.16 3.31 2.85
26 New Zealand 5.78 0.93 4.85
Total 6.04 3.01 3.02
World World (2) 7.01 4.03 2.98

Swiss Re, sigma No 2/2010, update December 2010 13

Table X: Macroeconomic indicators in 2009
Gross domestic product Exchange rate
Population Real change local currency per USD
(millions) USDbn (in %) Inflation rate (in %) Change
Ranking by GDP Country 2009 2009 2009 2008 2009 2008 2009 2008 (in %)
North America 1 United States 307.2 14243 -2.6 0.0 -0.3 3.8 1.00 1.00 0.0
11 Canada 33.6 1338 -2.5 0.5 0.3 2.4 1.14 1.07 7.0
Total 340.8 15581 -2.6 0.1
Latin America and 9 Brazil 193.7 1573 -0.2 5.2 4.9 5.7 2.00 1.83 8.9
Caribbean 15 Mexico 109.6 874 -6.5 1.5 5.3 5.1 13.51 11.13 21.4
29 Venezuela 28.6 326 -3.1 4.8 27.1 30.4 2.15 2.17 -0.8
31 Argentina 40.3 308 0.9 6.8 6.3 8.6 3.71 3.14 18.1
36 Colombia 45.7 234 0.8 2.7 4.2 7.0 2155.00 1967.71 9.5
46 Chile 17.0 164 -1.4 3.5 4.9 8.5 559.61 522.46 7.1
52 Peru 29.2 127 0.9 9.9 2.9 5.8 3.01 2.92 2.9
63 Ecuador 13.6 57 0.4 7.2 5.2 8.4 1.00 1.00 0.0
67 Dominican Republic 10.1 47 3.5 5.3 1.4 10.6 36.00 34.62 4.0
73 Uruguay 3.4 33 2.9 8.9 7.1 7.9 22.53 20.95 7.5
76 Costa Rica 4.6 29 -0.7 2.6 7.8 13.4 573.29 526.24 8.9
78 Panama 3.5 24 2.4 8.7 2.4 8.8 1.00 1.00 0.0
80 Trinidad and Tobago 1.3 21 -3.2 3.5 7.0 12.0 6.30 6.29 0.2
82 Jamaica 2.7 14 -2.8 -1.2 9.6 22.0 85.00 72.76 16.8
86 Bahamas 0.3 7 -4.3 1.0 2.1 4.5 1.00 1.00 0.0
88 El Salvador 6.2 2 -3.5 2.4 1.1 6.7 8.75 8.75 0.0
Total (17) 577.1 3967 -1.9 4.0
Europe 4 Germany 81.8 3338 -4.7 1.0 0.3 2.6 0.72 0.68 5.5
5 France 64.5 2658 -2.5 0.1 0.1 2.8 0.72 0.68 5.5
6 United Kingdom 61.7 2180 -5.0 -0.1 2.2 3.6 0.64 0.54 18.4
7 Italy 60.2 2119 -5.0 -1.3 0.8 3.3 0.72 0.68 5.5
8 Russia 140.9 1582 -7.9 5.2 11.8 14.1 24.70 24.40 1.2
10 Spain 45.9 1 469 -3.7 0.9 -0.3 4.1 0.72 0.68 5.5
16 Netherlands 16.5 797 -3.9 1.9 1.2 2.5 0.72 0.68 5.5
17 Turkey 74.8 616 -4.7 0.9 6.3 10.4 1.55 1.30 19.2
19 Switzerland 7.7 493 -1.9 1.9 -0.5 2.4 1.09 1.08 0.3
20 Belgium 10.7 472 -2.6 0.8 -0.1 4.5 0.72 0.68 5.5
21 Poland 37.9 432 1.7 5.0 4.0 4.2 3.12 2.41 29.6
22 Sweden 9.3 406 -5.0 -0.6 -0.3 3.5 7.66 6.59 16.2
24 Austria 8.4 381 -3.8 1.9 0.5 3.2 0.72 0.68 5.5
25 Norway 4.8 378 -1.3 0.6 2.2 3.8 6.29 5.64 11.6
28 Greece 11.3 331 -2.0 2.0 1.2 4.1 0.72 0.68 5.5
30 Denmark 5.5 310 -4.7 -0.9 1.3 3.4 5.36 5.10 5.2
35 Finland 5.3 239 -8.1 1.0 0.0 4.1 0.72 0.68 5.5
37 Portugal 10.6 234 -2.6 0.0 -0.8 2.6 0.72 0.68 5.5
38 Ireland 4.5 222 -7.6 -3.5 -1.7 3.1 0.72 0.68 5.5
43 Czech Republic 10.1 190 -4.2 2.5 0.6 6.3 19.06 17.07 11.7
49 Romania 21.3 155 -7.1 7.3 5.6 7.9 3.05 2.52 21.1
51 Hungary 10.0 129 -6.3 0.6 4.0 6.0 202.34 172.11 17.6
53 Ukraine 45.7 117 -15.1 2.3 15.9 25.2 7.79 5.27 47.9
61 Slovakia 5.4 88 -4.7 6.2 0.9 3.9 0.72 0.71 1.2
62 Croatia 4.4 63 -5.8 2.4 2.4 6.1 5.29 4.94 7.1
64 Luxembourg 0.5 53 -3.4 0.0 0.0 4.1 0.72 0.68 5.5
65 Slovenia 2.0 48 -7.8 3.5 0.9 5.5 0.72 0.68 5.5
66 Bulgaria 7.5 47 -4.9 6.2 2.5 12.0 1.41 1.34 5.2
69 Serbia 7.3 44 -3.0 5.5 8.6 13.5 67.60 55.70 21.4
72 Lithuania 3.3 37 -15.0 2.8 4.2 11.1 2.48 2.36 5.4
79 Cyprus 0.8 24 -1.7 3.6 0.2 4.4 0.72 0.68 5.5
85 Malta 0.4 8 -1.5 1.7 1.8 4.7 0.72 0.68 5.5
87 Liechtenstein 0.0 5 -4.1 -2.1 -0.5 2.4 1.09 1.08 0.3
Total (17) 808.0 19 819 -4.4 0.9
Asia 2 Japan 127.2 5 090 -2.1 -3.6 -1.6 1.1 93.59 100.49 -6.9
3 PR China 1 345.8 4 992 8.9 9.8 -0.7 5.9 6.83 6.95 -1.7
12 India 1 198.0 1 207 7.4 6.7 10.9 8.3 47.90 45.99 4.2
14 South Korea 48.7 885 0.1 2.5 2.5 4.7 1232.09 1214.34 1.5
18 Indonesia 230.0 541 4.5 6.0 4.8 9.8 10372.73 9636.77 7.6
23 Iran 74.2 391 0.9 1.9 12.2 25.4 9928.24 9428.53 5.3
26 Saudi Arabia 25.7 376 0.6 4.2 5.1 9.9 3.75 3.75 0.0
27 Taiwan 23.1 369 -1.9 0.7 -0.9 3.5 33.06 31.53 4.8
33 Thailand 67.8 264 -2.2 2.6 -0.8 5.5 34.31 32.97 4.1
34 United Arab Emirates 4.6 249 1.3 7.4 1.6 12.3 3.67 3.67 0.0
39 Hong Kong 7.0 211 -2.8 2.4 0.5 4.3 7.75 7.79 -0.5
41 Malaysia 27.5 203 -1.7 4.8 0.0 5.7 3.49 3.43 1.6
42 Israel 7.2 195 0.7 4.0 3.3 4.6 3.93 3.59 9.6
45 Singapore 4.7 182 -1.3 1.9 0.6 6.6 1.45 1.41 2.8
47 Philippines 92.0 161 1.0 3.7 3.2 9.3 47.64 44.47 7.1
48 Pakistan 180.8 156 1.2 3.7 13.6 20.3 81.73 70.41 16.1
55 Kazakhstan 15.6 106 1.2 3.3 7.3 17.1 147.50 120.30 22.6
56 Vietnam 88.1 104 5.3 6.3 7.0 23.1 17799.62 16302.30 9.2
57 Kuwait 3.0 103 -2.4 6.3 4.0 10.6 0.29 0.27 7.1
58 Qatar 1.4 98 8.6 25.4 -4.9 15.1 3.64 3.64 0.0
60 Bangladesh 162.2 89 5.9 6.2 5.4 8.9 69.02 68.60 0.6
68 Oman 2.8 46 3.7 12.8 3.9 12.1 0.38 0.38 0.0
70 Sri Lanka 20.2 42 3.5 6.0 3.4 22.6 114.89 108.33 6.0
74 Lebanon 4.2 32 9.0 8.0 3.4 5.5 1507.50 1507.50 0.0
77 Jordan 6.3 25 2.3 7.2 -0.7 14.9 0.71 0.71 0.0
81 Bahrain 0.8 21 3.1 6.3 2.9 3.5 0.38 0.38 0.0
Total (17) 4 061.7 16 519 2.7 3.3
Africa 32 South Africa 50.1 286 -1.8 3.7 7.1 9.9 8.42 8.26 2.0
40 Nigeria 154.7 205 7.0 5.9 11.5 11.6 148.84 118.55 25.6
44 Egypt 83.0 188 4.7 7.2 16.2 11.6 5.51 5.50 0.2
50 Algeria 34.9 141 2.0 2.4 5.7 4.4 72.65 64.58 12.5
59 Morocco 32.0 91 4.9 5.6 1.0 3.7 8.06 7.75 4.0
71 Tunisia 10.3 40 3.0 4.6 3.8 4.9 1.35 1.23 9.6
75 Kenya 39.8 30 2.6 1.6 9.2 26.2 77.35 69.18 11.8
83 Namibia 2.2 9 -1.0 2.9 8.8 10.4 8.42 8.26 2.0
84 Mauritius 1.3 9 1.7 5.0 2.5 9.7 31.96 28.45 12.3
Total (17) 1 009.1 1 502 2.5 5.0
Oceania 13 Australia 21.3 981 1.2 2.3 1.8 4.4 1.28 1.20 7.1
54 New Zealand 4.3 116 -0.5 -0.6 2.1 4.0 1.60 1.42 12.5
Total (17) 36.1 1 115 1.1 1.9
World World 6 832.8 58 503 -1.6 1.6

Swiss Re, sigma No 2/2010, update December 2010 14

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