TABLE OF CONTENTS
To the Reader
About Axco Insurance Information Services
About Swiss Re
1
2
2
12
16
Appendices
International Insurance Organizations
I.I.I. Staff
108
108
110
To The Reader
In response to the globalization of the insurance business and the need for readily available data
on world insurance, the Insurance Information Institute produces a Fact Book for international
insurance statistics.
We could not have undertaken this project without help from many organizations that collect
international insurance data. We are especially grateful for the generous assistance of Axco
Insurance Information Services (http://www.axcoinfo.com), a London-based insurance
information service, and Swiss Re (http://www.swissre.com), which publishes the international
research journal, sigma. The information included, which covers some 90 countries, comes from
a variety of other sources as well. We have attempted to standardize the information as much as
possible.
We hope you find this Fact Book useful.
Robert P. Hartwig, Ph.D., CPCU
President
Insurance Information Institute
110 William Street
New York, NY 10038
212 346-5500
http://www.iii.org
updates at www.iii.org/international/
About Swiss Re
Swiss Re is one of the world's leading reinsurers, operating through more than 70 offices in over
30 countries. The company has been in the reinsurance business since its foundation in Zurich,
Switzerland, in 1863. Through its three business groups Property & Casualty, Life & Health and
Financial Services, Swiss Re offers a wide variety of products to manage capital and risk.
Traditional reinsurance products, including a broad range of property and casualty as well as life
and health covers and related services, are complemented by insurance-based corporate finance
solutions and supplementary services for comprehensive risk management.
For further information see http://www.swissre.com.
updates at www.iii.org/international/
World Overview
WORLD LIFE AND NONLIFE INSURANCE IN 2013
Outside the United States, the insurance industry is divided into life and nonlife, or general insurance, rather than
life/health and property/casualty. World insurance premiums rose 1.4 percent in 2013, adjusted for inflation, following
a 2.5 percent inflation-adjusted increase in 2012, according to Swiss Res latest study of world insurance. Nonlife
premiums rose 2.3 percent in 2013, adjusted for inflation, following 2.7 percent growth in 2012. Life insurance
premiums grew by 0.7 percent after inflation in 2013, down from 2.3 percent inflation-adjusted growth in 2012.
In 2013 life and nonlife insurance premiums (excluding cross-border business) accounted for 6.3 percent of world
gross domestic product (GDP). Premiums accounted for 17.6 percent of GDP in Taiwan, the highest share in the
Swiss Re study, followed by 15.4 percent in South Africa, 13.2 percent in Hong Kong, 12.6 percent in the Netherlands
and 11.9 percent in South Korea. Premiums represented 7.5 percent of GDP in the United States, the 10th highest
share in the study.
WORLD LIFE AND NONLIFE INSURANCE
PREMIUMS, 2011-2013 (1)
(Direct premiums written, U.S. $ millions)
Year
Life
Nonlife (2)
Total
2011
$2,611,718
$1,954,445 $4,566,163
2012
2,630,274
1,968,677
4,598,951
2013
2,608,091
2,032,850
4,640,941
TOP TEN COUNTRIES BY LIFE AND NONLIFE DIRECT PREMIUMS WRITTEN, 2013 (1)
(U.S. $ millions)
Total premiums
Rank
Country
2
3
Life
premiums
Nonlife
premiums (2)
Amount
Percent change
from prior year
Percent of total
world premiums
$532,858
$726,397
$1,259,255
-1.1%
27.13%
422,733
108,773
531,506
-15.2
11.45
222,893
106,750
329,643
2.4
7.10
152,121
125,844
277,965
13.3
5.99
France (7)
160,156
94,598
254,754
7.2
5.49
Germany (7)
114,349
132,813
247,162
6.3
5.33
Italy (4)
117,978
50,576
168,554
17.1
3.63
91,204
54,223
145,427
-4.9
3.13
52,334
73,010
125,344
0.6
2.70
Netherlands (4)
26,005
75,135
101,140
5.5
2.18
10
updates at www.iii.org/international/
(4) Provisional.
(5) April 1, 2013-March 31, 2014.
(6) Estimated.
(7) Life premiums are estimated; nonlife premiums are provisional.
(8) Life premiums are net premiums.
Source: Swiss Re, sigma, No. 3/2014.
Nonlife
premiums (1)
Algeria
Angola
$1,342
Life
premiums
$98
Amount
Percent of total
world premiums
$1,440
0.03%
1,079
57
1,136
0.02
Argentina
13,957
3,359
17,317
0.37
Australia
32,667
45,641
78,309
1.69
Austria
13,456
8,596
22,052
0.48
Bahamas
539
154
693
0.01
Bahrain
515
173
688
0.01
Belarus
706
42
748
0.02
Belgium
16,578
22,430
39,008
0.84
Brazil
39,513
49,417
88,931
1.92
Bulgaria
947
183
1,129
0.02
Canada
73,010
52,334
125,344
2.70
Chile
4,726
6,986
11,712
0.25
Colombia
6,439
3,632
10,070
0.22
897
139
1,036
0.02
1,146
445
1,591
0.03
Costa Rica
Croatia
Cyprus
632
456
1,088
0.02
4,341
3,657
7,998
0.17
11,366
22,981
34,347
0.74
619
120
739
0.02
Ecuador
1,377
282
1,659
0.04
Czech Republic
Denmark
Dominican Republic
Egypt
1,051
800
1,851
0.04
Finland
5,243
22,363
27,606
0.59
France
94,598
160,156
254,754
5.49
132,813
114,349
247,162
5.33
3,116
2,143
5,259
0.11
Germany
Greece
Guatemala
544
135
679
0.01
Hong Kong
4,016
32,059
36,075
0.78
Hungary
1,566
1,938
3,504
0.08
13,401
52,174
65,576
1.41
4,254
14,141
18,395
0.40
India
Indonesia
updates at www.iii.org/international/
Total premiums
Country
Nonlife
premiums (1)
Life
premiums
Amount
Percent of total
world premiums
Iran
8,878
796
9,675
0.21
Ireland
8,851
46,929
55,780
1.20
Israel
6,170
7,329
13,499
0.29
50,576
117,978
168,554
3.63
437
246
683
0.01
108,773
422,733
531,506
11.45
620
66
686
0.01
Kazakhstan
1,292
372
1,664
0.04
Kenya
1,000
520
1,520
0.03
Kuwait
770
182
952
0.02
Italy
Jamaica
Japan
Jordan
1,005
469
1,475
0.03
Liechtenstein
Lebanon
992
2,643
3,635
0.08
Luxembourg
3,822
25,904
29,726
0.64
Malaysia
5,161
9,985
15,146
0.33
Malta
2,107
1,365
3,472
0.07
212
476
688
0.01
Mexico
14,884
12,470
27,354
0.59
Morocco
2,157
1,023
3,180
0.07
Namibia
279
664
944
0.02
75,135
26,005
101,140
2.18
Mauritius
Netherlands
New Zealand
9,219
1,694
10,913
0.24
Nigeria
1,406
457
1,863
0.04
Norway
10,238
13,909
24,147
0.52
Oman
859
88
947
0.02
Pakistan
619
1,048
1,667
0.04
Panama
965
280
1,244
0.03
Peru
1,806
1,548
3,354
0.07
Philippines
1,233
4,060
5,293
0.11
Poland
9,729
8,355
18,084
0.39
Portugal
5,118
14,087
19,205
0.41
125,844
152,121
277,965
5.99
Qatar
1,407
64
1,471
0.03
Romania
1,935
547
2,482
0.05
25,755
2,666
28,421
0.61
6,105
256
6,360
0.14
601
141
742
0.02
Singapore
2,870
15,092
17,962
0.39
Slovakia
1,398
1,343
2,741
0.06
PR China
Russia
Saudi Arabia
Serbia
updates at www.iii.org/international/
Total premiums
Nonlife
premiums (1)
Country
Life
premiums
Amount
Percent of total
world premiums
Slovenia
1,892
801
2,693
0.06
South Africa
9,565
44,556
54,121
1.17
South Korea
54,223
91,204
145,427
3.13
Spain
38,647
33,862
72,510
1.56
442
333
775
0.02
Sri Lanka
Sweden
10,614
30,865
41,478
0.89
Switzerland
28,370
34,227
62,597
1.35
Taiwan
15,964
75,013
90,977
1.96
6,663
14,798
21,461
0.46
572
349
921
0.02
Thailand
Trinidad and Tobago
Tunisia
699
131
830
0.02
Turkey
10,699
1,761
12,460
0.27
Ukraine
3,276
310
3,586
0.08
6,026
1,933
7,959
0.17
United Kingdom
106,750
222,893
329,643
7.10
United States
726,397
532,858
1,259,255
27.13
865
348
1,213
0.03
13,290
444
13,733
0.30
1,131
984
2,115
0.05
10,084
3,069
13,154
0.28
100.00%
Uruguay
Venezuela
Vietnam
Other
World
(1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2014.
Population (1)
Rank
Afghanistan
31,822,848
40
Algeria
38,813,722
33
Angola
19,088,106
58
Argentina
43,024,374
32
Australia
22,507,617
55
8,223,062
94
Austria
Azerbaijan
9,686,210
91
166,280,712
Belarus
9,608,058
92
Belgium
10,449,361
83
Benin
10,160,556
87
Bangladesh
updates at www.iii.org/international/
Country
Population (1)
Rank
Bolivia
10,631,486
81
Brazil
202,656,788
Burkina Faso
18,365,123
59
Burma
55,746,253
24
Burundi
10,395,931
85
Cambodia
15,458,332
68
Cameroon
23,130,708
53
Canada
34,834,841
37
Chad
11,412,107
76
Chile
17,363,894
64
China
1,355,692,576
Colombia
46,245,297
29
77,433,744
19
Cote d'Ivoire
22,848,945
54
Cuba
11,047,251
77
Czech Republic
10,627,448
82
Dominican Republic
10,349,741
86
Ecuador
15,654,411
67
Egypt
86,895,099
15
Ethiopia
96,633,458
13
France
66,259,012
21
Germany
80,996,685
17
Ghana
25,758,108
48
Greece
10,775,557
80
Guatemala
14,647,083
69
Guinea
11,474,383
75
Haiti
9,996,731
88
Honduras
8,598,561
93
Hungary
9,919,128
89
1,236,344,631
253,609,643
India
Indonesia
Iran
80,840,713
18
Iraq
32,585,692
39
7,821,850
98
61,680,122
23
Japan
127,103,388
10
Jordan
7,930,491
97
Israel
Italy
Kazakhstan
17,948,816
61
Kenya
45,010,056
30
Korea, North
24,851,627
49
Korea, South
49,039,986
26
updates at www.iii.org/international/
Country
Population (1)
Rank
Madagascar
23,201,926
52
Malawi
17,377,468
63
Malaysia
30,073,353
43
Mali
16,455,903
66
Mexico
120,286,655
11
Morocco
32,987,206
38
Mozambique
24,692,144
50
Nepal
30,986,975
41
Netherlands
16,877,351
65
Niger
17,466,172
62
Nigeria
177,155,754
Pakistan
196,174,380
Peru
30,147,935
42
107,668,231
12
Poland
38,346,279
34
Portugal
10,813,834
79
Romania
21,729,871
57
142,470,272
Philippines
Russia
Rwanda
12,337,138
73
Saudi Arabia
27,345,986
46
Senegal
13,635,927
72
7,209,764
100
Serbia
Somalia
10,428,043
84
South Africa
48,375,645
27
South Sudan
11,562,695
74
Spain
47,737,941
28
Sri Lanka
21,866,445
56
Sudan
35,482,233
36
Sweden
9,723,809
90
Switzerland
8,061,516
95
Syria
17,951,639
60
Taiwan
23,359,928
51
Tajikistan
8,051,512
96
Tanzania
49,639,138
25
Thailand
67,741,401
20
7,351,374
99
Tunisia
10,937,521
78
Turkey
81,619,392
16
Uganda
35,918,915
35
Ukraine
44,291,413
31
Togo
updates at www.iii.org/international/
Country
Population (1)
United Kingdom
Rank
63,742,977
22
318,892,103
Uzbekistan
28,929,716
44
Venezuela
28,868,486
45
Vietnam
93,421,835
14
Yemen
26,052,966
47
Zambia
14,638,505
70
Zimbabwe
13,771,721
71
United States
(1) Estimate for July 2014. Includes the 100 largest countries.
Source: U.S. Central Intelligence Agency.
Country
Rank
Afghanistan
$45.3
100
Algeria
284.7
45
Angola
131.8
66
Argentina
771.0
22
Australia
998.3
17
Austria
361.0
37
Azerbaijan
100.4
75
Bangladesh
324.6
43
Belarus
150.4
62
Belgium
421.7
32
Bolivia
58.3
91
Brazil
2,422.0
Bulgaria
104.6
73
Burma
111.1
70
53.2
96
1,518.0
13
Chile
335.4
42
China
13,370.0
Colombia
526.5
28
Costa Rica
61.4
90
Croatia
78.9
83
Cuba
121.0
67
Czech Republic
285.6
44
Denmark
211.3
54
Dominican Republic
101.0
74
Ecuador
157.6
61
Cameroon
Canada
updates at www.iii.org/international/
Country
Egypt
El Salvador
Rank
551.4
27
47.5
97
Ethiopia
118.2
68
Finland
195.5
57
France
2,273.0
Germany
3,227.0
Ghana
90.4
77
Greece
267.1
50
Guatemala
81.5
79
Hong Kong
381.7
35
196.6
56
India
Hungary
4,962.0
Indonesia
1,285.0
15
Iran
987.1
18
Iraq
248.0
51
Ireland
190.4
58
274.5
48
Italy
Israel
1,805.0
11
Japan
4,729.0
243.6
52
Kazakhstan
Kenya
79.9
81
1,666.0
12
165.8
60
Lebanon
64.3
87
Libya
73.6
84
Lithuania
67.4
85
Macau
47.2
98
525.0
29
1,845.0
10
Morocco
180.0
59
Korea, South
Kuwait
Malaysia
Mexico
Netherlands
696.3
23
New Zealand
136.0
63
Nigeria
478.5
30
Norway
282.2
46
Oman
94.9
76
Pakistan
574.1
26
Panama
61.5
89
Paraguay
45.9
99
Peru
344.0
39
Philippines
454.3
31
updates at www.iii.org/international/
10
Country
Rank
Poland
814.0
21
Portugal
243.3
53
64.8
86
Qatar
198.7
55
Romania
280.7
47
2,553.0
927.8
19
80.5
80
Singapore
339.0
40
Slovakia
133.4
65
Puerto Rico
Russia
Saudi Arabia
Serbia
Slovenia
56.5
92
595.7
25
1,389.0
14
134.5
64
Sudan
90.0
78
Sweden
393.8
34
South Africa
Spain
Sri Lanka
Switzerland
370.3
36
Syria
107.6
72
Taiwan
926.4
20
Tanzania
79.3
82
Thailand
674.3
24
Tunisia
108.4
71
Turkey
1,167.0
16
Turkmenistan
55.2
94
Uganda
54.4
95
Ukraine
337.4
41
269.8
49
2,378.0
16,720.0
United Kingdom
United States
Uruguay
56.3
93
Uzbekistan
112.6
69
Venezuela
407.4
33
Vietnam
358.9
38
Yemen
61.6
88
(1) Estimate. Based on Purchasing Power Parity calculations, which take into account the relative cost of living and inflation rates of
countries. Includes 100 largest countries based on 2013 GDP.
Source: U.S. Central Intelligence Agency.
updates at www.iii.org/international/
11
World Rankings
TOP TEN GLOBAL INSURANCE COMPANIES BY REVENUES, 2013 (1)
($ billions)
Rank
Company
Revenues
Country
$182,150.0 U.S.
Industry
Berkshire Hathaway
AXA
165,893.5 France
Life/health
Property/casualty
152,125.8 Japan
Life/health
Allianz
134,636.1 Germany
Property/casualty
UnitedHealth Group
122,489.0 U.S.
Health
Assicurazioni Generali
115,224.4 Italy
Life/health
Munich Re Group
83,844.8 Germany
Property/casualty
Prudential
81,867.7 U.K.
Life/health
80,909.4 China
Life/health
10
(1) Based on an analysis of companies in the Global Fortune 500. Includes stock and mutual companies.
Source: Fortune.
updates at www.iii.org/international/
12
Rank
Date
Country
Insured loss in
U.S. dollars
Event
May 27
Germany, et al.
Floods
$4,134
Jul. 27
Germany, France
Hailstorms
3,838
Jun. 19
Canada
Floods
1,882
May 18
U.S.
1,776
Mar. 18
U.S.
1,615
Nov. 8
Phillipines, et al.
1,486
Oct. 27
Germany, et al.
1,471
May 28
U.S.
1,425
Apr. 7
U.S.
1,204
10
Sep. 29
China, Japan
Typhoon Fitow
1,133
11
Apr. 2
Argentina
12
Dec. 5
U.K., et al.
Windstorm Xaver
13
Jan. 21
Australia
983
14
Sep. 13
Mexico
Hurricane Manuel
947
931
NA
1,034
15
Nov. 17
U.S.
16
Apr. 10
U.S.
NA
17
Sep. 4
China
NA
18
Jul. 8
Canada
888
19
Jun. 20
Germany
Hailstorms
827
20
Aug. 6
U.S.
805
(1) Property and business interruption losses, excluding life and liability losses. Includes flood losses in the U.S. insured via the
National Flood Insurance Program. Loss data shown here may differ from figures shown elsewhere for the same event due to
differences in the date of publication, the geographical area covered and other criteria used by organizations collecting the data.
NA=data not available.
Source: Swiss Re, sigma, No. 1/2014; Property Claim Services (PCS), a Verisk Analytics company, insured losses for natural
catastrophes in the United States.
updates at www.iii.org/international/
13
Rank
Date
Country
U.S., Gulf of Mexico,
Bahamas, North Atlantic
Insured loss
in 2011 U.S.
dollars (2)
Event
Hurricane Katrina; storm surge, levee failure,
damage to oil rigs
$80,373
37,665
36,890
27,594
25,664
22,857
Sep. 6, 2008
22,751
Sep. 2, 2004
17,218
Thailand
16,519
10
16,142
(1) Property and business interruption losses, excluding life and liability losses. Includes flood losses in the United States insured via
the National Flood Insurance Program.
(2) Adjusted to 2013 dollars by Swiss Re.
Note: Loss data shown here may differ from figures shown elsewhere for the same event due to differences in the date of
publication, the geographical area covered and other criteria used by organizations collecting the data.
Source: Swiss Re, sigma, No. 2/2014.
updates at www.iii.org/international/
14
Country Profiles
The country profiles that follow provides information on population, gross domestic product, insurance premiums and
leading insurers.
updates at www.iii.org/international/
15
Algeria
LEADING NONLIFE INSURANCE COMPANIES, 2011
Gross written premiums
Company
DZD Mn
INSURANCE ASSOCIATION
Le Conseil National des Assurances
Web: www.cna.dz
USD Mn
SAA
21,147.0
284.3
CAAT
14,637.0
196.8
CAAR
13,740.0
184.7
CASH
7,900.0
106.2
2011
34,994,937
CNMA
6,732.0
90.5
2012
35,406,303
CIAR
6,113.0
82.2
2013
38,087,812
Alliance
3,903.0
52.5
2014
38,813,722
2A
3,203.0
43.1
GAM
2,849.0
38.3
Salama
2,797.0
37.6
(1) Estimated.
Source: U.S. Central Intelligence Agency.
1,500.0
20.2
CAAR
1,445.0
19.4
Cardif
715.0
9.6
CAAT
626.0
8.4
CIAR
600.0
8.1
CNMA
600.0
8.1
2A
300.0
4.0
Trust
150.0
2.0
CASH
SAA
52.0
0.7
1,500.0
20.2
Population
GDP
2009
$240.2
2010
244.3
2011
254.7
2012
264.1
2013
284.7
$1,342
Life premiums
98
Total premiums
$1,440
0.03%
updates at www.iii.org/international/
16
Angola
LEADING NONLIFE INSURANCE COMPANIES, 2008
Gross written premiums
Company
AOA Mn
USD Mn
AAA Seguros
15,406.5
205.3
ENSA
11,530.8
153.7
1,405.3
18.7
GA Seguros
INSURANCE ASSOCIATION
Year
AOA Mn
Population
2011
13,338,541
2012
18,056,072
2013
18,565,269
2014
19,088,106
(1) Estimated.
Source: U.S. Central Intelligence Agency.
USD Mn
2,287.8
30.5
352.8
4.7
Year
GDP
2009
$114.6
2010
NA
2011
NA
2012
115.9
2013
131.8
$1,079
Life premiums
57
Total premiums
$1,136
0.02%
updates at www.iii.org/international/
17
Argentina
LEADING NONLIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
Prevencion ART
ARS Mn
INSURANCE ASSOCIATION
Asociacion Argentina de Companias de Seguros
Web: www.aacs.org.ar
USD Mn
4,374.4
793.9
Federacion Patronal
4,315.3
783.2
Caja Seguros
3,829.9
695.1
2,693.2
488.8
2011
41,769,726
Sancor
2,688.8
488.0
2012
42,192,494
Galeno ART
2,585.4
469.2
2013
42,610,981
Provincia ART
2,164.4
392.8
2014
43,024,374
Asociart ART
2,111.0
383.1
San Cristobal
2,074.5
376.5
MAPFRE Argentina
1,999.9
363.0
Year
(1) Estimated.
Source: U.S. Central Intelligence Agency.
Year
ARS Mn
USD Mn
Estrella Retiro
1,149.7
208.7
1,066.2
193.5
Cardif Seguros
986.5
179.0
GDP
2009
$585.0
2010
558.0
2011
596.0
2012
709.7
2013
771.0
Caja de Seguros
947.2
171.9
Galicia Seguros
790.9
143.5
Nacion Seguros
742.2
134.7
Sancor
715.0
129.8
Provincia
579.4
105.2
535.3
97.2
BBVA Seguros
490.9
89.1
Life premiums
Population
Total premiums
Percent of total world
premiums
$13,957
3,359
$17,317
0.37%
updates at www.iii.org/international/
18
Australia
INSURANCE ASSOCIATION
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
AUD Mn
USD
Mn
4,166.7
4,314.2
3,554.4
3,680.3
3,366.4
3,485.6
Insurance Manufacturers of
Australia PL
2,597.9
2,689.9
2,078.0
2,151.6
2,045.0
2,117.4
1,706.0
1,766.5
1,464.3
1,516.1
Wesfarmers General
Insurance Limited
1,235.9
1,279.7
1,225.5
1,268.9
21,766,711
2012
22,015,576
2013
22,262,501
2014
22,507,617
(1) Estimated.
Source: U.S. Central Intelligence Agency.
AUD Mn
USD Mn
MLC Limited
1,358.6
1,406.7
1,189.1
1,231.2
1,113.2
1,152.7
1,038.6
1,075.4
907.4
939.5
896.1
927.8
771.3
798.6
422.7
437.6
288.8
299.1
284.8
294.9
Population
GDP
2009
$824.9
2010
819.0
2011
889.6
2012
917.7
2013
998.3
$32,667
45,641
$78,309
1.69%
updates at www.iii.org/international/
19
Austria
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
EUR Mn
USD Mn
Generali Versicherung AG
1,170.6
1,504.0
Wiener Staedtische
Versicherung AG
1,000.2
1,285.1
UNIQA Osterreich
Versicherungen AG
993.1
1,276.0
Allianz Elementar
Versicherungs-AG
804.2
1,033.2
484.1
Zurich Versicherungs-AG
INSURANCE ASSOCIATION
Austrian Insurance Association
Verband der Versicherungsunternehmen Oesterreichs
Web: www.vvo.at
POPULATION, 2011-2014 (1)
Year
Population
2011
8,217,280
2012
8,219,743
622.0
2013
8,221,646
382.8
491.9
2014
8,223,062
Grazer Wechselseitige
Versicherung AG
300.8
386.5
OBEROSTERREICHISCHE
Versicherung AG
243.1
312.4
Niederosterreichische
Versicherung AG
206.0
264.7
HDI Versicherung AG
156.1
200.6
(1) Estimated.
Source: U.S. Central Intelligence Agency.
EUR Mn
USD Mn
Sparkassen Versicherung AG
819.4
1,053.2
WIENER STDTISCHE
VERSICHERUNG AG
808.3
1,039.0
Generali Versicherung AG
685.4
881.0
FINANCE LIFE
Lebensversicherung AG
462.4
594.3
Raiffeisen Versicherung
452.0
580.9
Allianz Elementar
Lebensversicherungs-AG
418.1
537.5
412.9
530.8
UNIQA sterreich
Versicherungen AG
354.4
455.5
Wstenrot Versicherungs-AG
293.3
377.0
250.4
321.8
GDP
2009
$325.0
2010
323.1
2011
332.6
2012
351.4
2013
361.0
$13,456
8,596
$22,052
0.48%
updates at www.iii.org/international/
20
Bahamas
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written
premiums
Company
USD Mn
INSURANCE ASSOCIATION
103.9
RoyalStar Assurance
64.9
Year
43.3
2011
313,312
Summit
35.6
2012
316,182
25.4
2013
319,031
2014
321,834
ICWI Bahamas
3.0
Population
(1) Estimated.
Source: U.S. Central Intelligence Agency.
Year
USD Mn
Colina Imperial
147.4
Family Guardian
73.3
Atlantic Medical
67.5
British American
19.4
Generali Worldwide
17.5
Capital Life
6.6
Metlife
6.5
Laurentide
5.0
Sirius
2.0
Sagicor
0.8
GDP
2009
$9.2
2010
9.1
2011
8.9
2012
10.8
2013
11.4
$539
Life premiums
154
Total premiums
Percent of total world
premiums
$693
0.01%
updates at www.iii.org/international/
21
Bahrain
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
BHD Mn
INSURANCE ASSOCIATION
Bahrain Insurance Association
Web: www.bia-bh.com
USD Mn
Bahrain Kuwait
22.3
59.4
Axa
17.7
47.2
ACE
16.6
44.1
Takaful International
15.5
41.3
Bahrain National
15.0
39.9
Gulf Union
14.0
37.3
11.8
31.3
Saudi National
11.4
30.4
Al Ahlia
11.2
29.8
T'azur
7.3
19.4
Population
2011
1,214,705
2012
1,248,348
2013
1,281,332
2014
1,314,089
(1) Estimated.
Source: U.S. Central Intelligence Agency.
Year
LEADING LIFE INSURANCE COMPANIES, 2012
Gross written
premiums
Company
BHD Mn
USD Mn
21.4
56.8
2009
NA
2010
$28.0
2011
29.8
2012
30.8
2013
35.0
Alico
12.7
33.7
Zurich
9.8
26.0
Medgulf Takaful
7.0
18.7
4.7
12.6
2.1
5.7
Takaful International
1.3
3.5
0.6
1.5
T'azur
0.6
1.5
0.1
0.1
Life premiums
GDP
Total premiums
Percent of total world
premiums
$688
0.01%
updates at www.iii.org/international/
22
Bangladesh
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
BDT Mn
INSURANCE ASSOCIATION
Bangladesh Insurance Association
Web: www.bia-bd.org
USD Mn
2,601.4
31.8
Sadharan Bima
Corporation
2,212.0
27.0
1,701.3
20.8
Reliance Insurance
Limited
1,486.3
18.2
1,151.3
14.1
759.5
9.3
650.1
7.9
614.6
7.5
591.5
7.2
451.2
5.5
158,570,535
2012
161,083,804
2013
163,654,860
2014
166,280,712
(1) Estimated.
Source: U.S. Central Intelligence Agency.
BDT Mn
USD Mn
16,687.7
203.9
7,031.3
85.9
National Life
7,025.1
85.8
Popular Life
6,617.8
80.8
Delta Life
5,085.6
62.1
GDP
2009
$228.4
2010
242.2
2011
259.3
2012
282.5
2013
324.6
Meghna Life
4,011.8
49.0
3,199.9
39.1
Sandhani Life
2,249.0
27.5
2,071.3
25.3
Progressive Life
1,714.1
20.9
Life premiums
Population
Direct premiums
written
$255
789
Total premiums
$1,044
0.02%
updates at www.iii.org/international/
23
Belgium
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
EUR Mn
USD Mn
INSURANCE ASSOCIATION
Insurance Company Association
Assuralia
Web: www.assuralia.be
AXA Belgium
1,985.9
2,551.6
AG Insurance
1,744.8
2,241.8
Ethias
1,085.4
1,394.6
Year
CBC Assurances
892.6
1,146.8
2011
10,431,477
Baloise
681.3
875.3
2012
10,438,353
Belins
487.6
626.5
2013
10,444,268
DKV
443.3
569.6
2014
10,449,361
Allianz Belgium
405.2
520.6
Vivium
378.6
486.4
P&V
183.7
236.0
(1) Estimated.
Source: U.S. Central Intelligence Agency.
Year
EUR Mn
USD Mn
AG Insurance
5,134.2
6,596.8
CBC Assurances
3,892.9
5,001.8
AXA Belgium
2,079.7
2,672.1
Belins
1,754.1
2,253.8
Ethias
1,235.8
1,587.8
Aras
845.5
1,086.3
841.8
1,081.6
Allianz Belgium
823.1
1,057.6
ING Life
707.5
909.0
Vivium
610.2
784.0
Population
GDP
2009
$398.7
2010
381.4
2011
396.9
2012
412.0
2013
421.7
$16,578
22,430
$39,008
0.84%
updates at www.iii.org/international/
24
Bermuda
LEADING NONLIFE AND REINSURANCE
COMPANIES, 2011 (1)
Gross written
premiums
Company
INSURANCE ASSOCIATION
USD Mn
ACE
15,387.0
XL Capital
5,327.1
PartnerRe
4,647.8
Year
Catlin Group
3,611.6
2011
68,679
3,315.0
2012
69,080
2,631.8
2013
69,467
Everest Reinsurance
(Bermuda)
2,024.4
2014
69,839
Endurance Specialty
Holdings
1,931.4
1,889.0
Hiscox
1,837.7
Population
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GDP
2009
$4.5
2010
NA
2011
4.5
2012
4.5
2013
5.6
updates at www.iii.org/international/
25
Brazil
LEADING NONLIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
BRL Mn
USD Mn
4,985.7
2,312.4
4,792.2
2,222.6
3,982.1
1,846.9
Bradesco Auto/Re
Companhia De Seguros
3,976.7
1,844.4
3,027.6
1,404.2
INSURANCE ASSOCIATION
Federacao Nacional das Empresas de Seguros Privados
e de Capitalizacao
Web: www.fenaseg.org.br
POPULATION, 2011-2014 (1)
Year
2,927.1
1,357.6
2,182.1
1,012.1
2,161.2
1,002.4
1,937.4
898.6
1,822.2
845.2
2011
203,429,773
2012
205,716,890
2013
201,009,622
2014
202,656,788
(1) Estimated.
Source: U.S. Central Intelligence Agency.
BRL Mn
USD Mn
Population
GDP
2009
$2,030.0
2010
2,024.0
2011
2,194.0
2012
2,284.0
2013
2,422.0
19,550.7
9,067.7
Brasilprev Seguros E
Previdencia S.A.
18,046.5
8,370.0
13,131.3
6,090.3
3,795.1
1,760.2
3,529.4
1,637.0
Companhia De Seguros
Alianca Do Brasil
3,168.0
1,469.3
1,548.6
718.3
Total premiums
1,375.1
637.8
1,322.5
613.4
1,055.3
489.5
$39,513
49,417
$88,931
1.92%
updates at www.iii.org/international/
26
Bulgaria
LEADING NONLIFE INSURANCE COMPANIES, 2013
Gross written
premiums
Company
BGN Mn
INSURANCE ASSOCIATION
USD Mn
POPULATION, 2011-2014 (1)
Lev Ins
182.1
123.9
Armeec
177.3
120.6
BULSTRAD Vienna
Insurance Group
172.7
117.5
2011
7,093,635
141.6
96.3
2012
7,037,935
Allianz Bulgaria
128.2
87.2
2013
6,981,642
2014
6,924,716
Euroins
118.4
80.5
Bul Ins
106.4
72.4
UNIQA
76.9
52.3
Victoria
68.8
46.8
Generali
55.3
37.6
Year
(1) Estimated.
Source: U.S. Central Intelligence Agency.
Year
BGN Mn
USD Mn
68.6
46.6
46.2
31.4
UNIQA Life
32.8
22.3
DZI Life
30.5
20.7
UBB-Alico
26.4
18.0
SyVZK
25.4
17.3
Alico Bulgaria
19.9
13.5
19.1
13.0
Generali Life
10.5
7.1
9.2
6.3
Groupama Life
Population
GDP
2009
$95.9
2010
90.4
2011
92.2
2012
101.2
2013
104.6
$947
Life premiums
183
Total premiums
$1,129
0.02%
updates at www.iii.org/international/
27
Canada
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
CAD Mn
INSURANCE ASSOCIATION
Insurance Bureau of Canada
Web: www.ibc.ca
USD Mn
5,347.9
5,352.3
2,753.4
2,755.6
2,707.2
2,709.4
2,477.9
2,479.9
2,095.3
2,097.0
Lloyd's Underwriters
2,094.0
2,095.7
1,819.7
1,821.2
1,600.4
1,601.7
1,341.0
1,342.0
1,273.5
1,274.6
34,030,589
2012
34,300,083
2013
34,568,211
2014
34,834,841
(1) Estimated.
Source: U.S. Central Intelligence Agency.
CAD Mn
USD Mn
11,950.6
11,960.3
8,752.2
8,759.3
8,593.8
8,600.7
4,295.5
4,298.9
3,080.5
3,083.0
1,280.9
1,282.0
1,018.6
1,019.4
902.7
903.5
805.2
805.9
794.2
794.9
Population
GDP
2009
$1,336.0
2010
NA
2011
1,335.0
2012
1,389.0
2013
1,518.0
$73,010
52,334
$125,344
2.70%
updates at www.iii.org/international/
28
Chile
LEADING NONLIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
CLP Mn
USD Mn
INSURANCE ASSOCIATION
The Chilean Insurance Association
Asociacion de Aseguradores de Chile
Web: http://portal.aach.cl/home.asp
RSA Seguros
280,390.5
566.1
Penta Security
211,698.7
427.4
BCI Seguros
210,095.0
424.2
Year
MAPFRE
206,830.7
417.6
2011
16,888,760
Liberty Seguros
169,649.4
342.5
2012
17,067,369
Magallanes
153,480.5
309.9
2013
17,216,945
124,282.3
250.9
2014
17,363,894
ACE Seguros
115,033.4
232.3
Chilena Consolidada
102,440.9
206.8
72,157.4
145.7
AIG Chile
(1) Estimated.
Source: U.S. Central Intelligence Agency.
Year
LEADING LIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
CLP Mn
USD Mn
MetLife
563,417.5
1,137.6
Chilena Consolidada
453,425.0
915.5
Consorcio Nacional
356,315.9
719.4
2009
$252.9
2010
244.3
2011
260.0
2012
281.0
2013
335.4
Sura
277,249.3
559.8
CorpVida
276,300.6
557.9
BICE Vida
260,489.1
526.0
Penta Vida
221,512.2
447.3
Security Prevision
195,378.9
394.5
Principal
190,902.3
385.5
EuroAmerica
137,092.9
276.8
Life premiums
GDP
Total premiums
Percent of total world
premiums
$4,726
6,986
$11,712
0.25%
updates at www.iii.org/international/
29
CNY Mn
USD Mn
223,005.0
35,993.2
115,365.0
18,620.0
CPIC Property
81,613.2
13,172.4
31,848.5
5,140.4
29,711.5
4,795.5
19,846.0
3,203.2
16,598.0
2,678.9
14,031.2
2,264.6
Taiping General
10,799.8
1,743.1
9,951.0
1,606.1
Tianan Insurance
INSURANCE ASSOCIATION
1,336,718,015
2012
1,343,239,923
2013
1,349,585,838
2014
1,355,692,576
(1) Estimated.
Source: U.S. Central Intelligence Agency.
CNY Mn
USD Mn
$7,800.0
2010
8,791.0
2011
9,872.0
2012
11,300.0
2013
13,370.0
326,719.9
52,732.9
Ping An Life
146,090.9
23,579.2
103,639.8
16,727.6
95,101.2
15,349.4
PICC Life
75,273.4
12,149.2
Taikang Life
61,123.9
9,865.4
Taiping Life
51,852.8
8,369.1
Life premiums
23,037.2
3,718.2
Total premiums
Sino Life
22,242.8
3,590.0
Sunshine Life
15,755.8
2,543.0
GDP
2009
China Life
Population
updates at www.iii.org/international/
30
Colombia
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
Suramericana
COP Mn
USD Mn
INSURANCE ASSOCIATION
The Colombian Association of Insurance Agents
Asociacion Colombiana de Agentes de Seguros
Web: www.acoas.com.co
1,298,712.5
722.8
Colpatria
772,205.9
429.7
Liberty
730,081.2
406.3
Allianz
717,546.3
399.3
2011
44,725,543
Estado
595,809.8
331.6
2012
45,239,079
MAPFRE
583,298.5
324.6
2013
45,745,783
Previsora
580,698.5
323.2
2014
46,245,297
Bolivar
480,588.2
267.5
QBE
480,134.4
267.2
RSA
366,756.3
204.1
(1) Estimated.
Source: U.S. Central Intelligence Agency.
Year
COP Mn
Population
USD Mn
GDP
2009
$407.2
2010
400.3
2011
431.9
1,743,500.0
970.3
2012
467.0
889,400.7
495.0
2013
526.5
MAPFRE
783,014.8
435.8
Alfa
766,401.1
426.5
ARP Sura
576,066.4
320.6
Positiva
528,948.6
294.4
Allianz
436,242.9
242.8
Colmena
372,007.2
207.0
Colpatria
367,485.2
204.5
BBVA Seguros
189,228.2
105.3
$6,439
3,632
$10,070
0.22%
updates at www.iii.org/international/
31
Costa Rica
LEADING NONLIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
INS
CRC Mn
466.3
17,521.7
35.1
5,420.4
10.9
Qualitas Compania de
Seguros (Costa Rica)
2,916.2
5.8
607.7
1.2
Aseguradora Sagicor
Costa Rica
187.8
0.4
69.8
0.1
USD
Mn
233,040.3
ASSA Compania de
Seguros
INSURANCE ASSOCIATION
Population
2011
4,576,562
2012
4,636,348
2013
4,695,942
2014
4,755,234
(1) Estimated.
Source: U.S. Central Intelligence Agency.
Year
LEADING LIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
INS
CRC Mn
USD
Mn
GDP
2009
$49.7
2010
48.2
2011
51.6
2012
54.5
2013
61.4
229,157.1
458.5
14,341.8
28.7
6,008.4
12.0
3,383.0
6.8
2,130.6
4.3
ASSA Compania de
Seguros
1,243.6
2.5
Atlantic Southern
Insurance Company
904.3
1.8
648.2
1.3
Total premiums
$1,036
Aseguradora Sagicor
Costa Rica
0.02%
248.5
0.5
$897
Life premiums
139
updates at www.iii.org/international/
32
Croatia
LEADING NONLIFE INSURANCE COMPANIES, 2013
Gross written
premiums
Company
Croatia
HRK Mn
INSURANCE ASSOCIATION
USD Mn
2,269.0
397.7
Euroherc
970.3
170.1
Allianz Zagreb
708.1
124.1
Jadransko
626.1
109.8
Triglav
290.7
51.0
282.1
49.5
Generali
245.9
43.1
209.6
36.7
HOK
195.9
34.3
Uniqa
150.7
26.4
Population
2011
4,483,804
2012
4,480,043
2013
4,475,611
2014
4,470,534
(1) Estimated.
Source: U.S. Central Intelligence Agency.
Year
LEADING LIFE INSURANCE COMPANIES, 2013
Gross written
premiums
Company
HRK Mn
USD Mn
Allianz Zagreb
471.4
82.6
GDP
2009
$73.4
2010
79.2
2011
78.5
2012
80.9
2013
78.9
Croatia
356.1
62.4
270.2
47.4
Grawe Hrvatska
246.0
43.1
Merkur
243.5
42.7
Agram zivotno
205.6
36.0
192.3
33.7
Erste VIG
139.3
24.4
Uniqa
127.3
22.3
Life premiums
Generali
119.9
21.0
Total premiums
$1,591
0.03%
updates at www.iii.org/international/
33
Cyprus
LEADING NONLIFE INSURANCE COMPANIES, 2013
Gross written
premiums
Company
EUR Mn
General Insurance of
Cyprus
56.2
INSURANCE ASSOCIATION
USD Mn
74.7
Year
Population
CNP Asfalistiki
54.1
71.8
2011
1,120,489
Pancyprian
31.7
42.0
2012
1,138,071
Universal Life
30.3
40.3
2013
1,155,403
Atlantic
24.0
31.8
2014
1,172,458
AIG
23.5
31.2
Cosmos
20.1
26.7
Trust
18.1
24.1
Alpha
15.2
20.1
Prime
14.9
19.8
(1) Estimated.
Source: U.S. Central Intelligence Agency.
EUR Mn
USD Mn
Eurolife
90.7
120.4
CNP Cyprialife
81.0
107.6
Universal Life
45.5
60.4
Metlife Alico
25.0
33.2
Prime
22.8
30.3
Allianz Hellas
20.6
27.4
Alpha
15.1
20.0
Hellenic Alico
11.4
15.2
Ethniki Insurance
5.8
7.7
Minerva
1.4
1.8
GDP
2009
$23.1
2010
22.9
2011
23.2
2012
23.8
2013
21.6
$632
Life premiums
456
Total premiums
$1,088
0.02%
updates at www.iii.org/international/
34
Czech Republic
LEADING NONLIFE INSURANCE COMPANIES, 2013
INSURANCE ASSOCIATION
Czech Insurance Association
Ceska Asociace Pojistoven
Web: www.cap.cz
Gross written
premiums
CZK Mn
USD
Mn
Ceska pojistovna as
18,430.9
941.8
Kooperativa, pojistovna, as
15,734.2
804.0
Allianz pojistovna, as
7,168.7
366.3
2011
10,190,213
Generali Pojistovna as
5,022.3
256.6
2012
10,177,300
Ceska podnikatelska
pojistovna, as
4,693.3
239.8
2013
10,162,921
2014
10,627,448
4,423.7
226.0
UNIQA pojistovna, as
4,311.2
220.3
2,025.8
103.5
AXA pojistovna as
757.0
38.7
Triglav pojistovna,as
734.9
37.6
Company
(1) Estimated.
Source: U.S. Central Intelligence Agency.
CZK Mn
USD
Mn
10,418.9
532.4
Kooperativa, pojistovna, as
6,643.4
339.5
5,988.9
306.0
4,857.6
248.2
2,982.4
152.4
Allianz pojistovna, as
2,946.2
150.5
Generali Pojistovna as
2,798.8
143.0
MetLife pojistovna as
2,416.8
123.5
Komercni pojistovna, as
1,541.8
78.8
1,441.4
73.7
Population
GDP
2009
$273.7
2010
256.7
2011
262.8
2012
272.2
2013
285.6
$4,341
3,657
Total premiums
$7,998
0.17%
updates at www.iii.org/international/
35
Denmark
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
Tryg Skade
DKK Mn
USD Mn
INSURANCE ASSOCIATION
Danish Insurance Association
Forsikring & Pension
Web: www.forsikringogpension.dk
20,202.6
3,487.7
Codan Forsikring
7,906.1
1,364.9
Topdanmark
6,428.6
1,109.8
4,766.8
822.9
2011
5,529,888
Sygeforsikring Danmark
2,711.3
468.1
2012
5,543,453
LB Forsikring
2,273.5
392.5
2013
5,556,452
Danske Forsikring
1,864.2
321.8
2014
5,569,077
Alka
1,857.6
320.7
GF-Forsikring
1,536.5
265.3
Alpha Insurance
1,462.0
252.4
(1) Estimated.
Source: U.S. Central Intelligence Agency.
Year
DKK Mn
USD Mn
PFA Pension
20,221.3
3,491.0
Danica Pension
16,638.2
2,872.4
13,959.4
2,409.9
GDP
2009
$213.6
2010
197.7
2011
201.4
2012
208.8
2013
211.3
PensionDanmark
10,653.5
1,839.2
SAMPENSION KP
Livforsikring
7,836.6
1,352.9
Industriens
Pensionsforsikring
6,999.3
1,208.4
AP Pension
6,876.9
1,187.2
Pen-Sam Liv
4,980.7
859.9
SEB Pensionsforsikring
4,362.5
753.1
Laerernes Pension
4,224.2
729.3
Life premiums
Population
Total premiums
Percent of total world
premiums
$11,366
22,981
$34,347
0.74%
updates at www.iii.org/international/
36
Dominican Republic
INSURANCE ASSOCIATION
LEADING NONLIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
DOP Mn
USD Mn
Universal
6,086.3
145.6
Banreservas
3,804.3
91.0
MAPFRE
3,516.5
84.1
Population
Sura
2,708.1
64.8
2011
9,956,648
Colonial
2,443.3
58.4
2012
10,088,598
Constitucion
1,252.0
30.0
2013
10,219,630
Monumental
644.4
15.4
2014
10,349,741
Pepin
592.5
14.2
General
271.4
6.5
Dominicana
248.5
5.9
(1) Estimated.
Source: U.S. Central Intelligence Agency.
Year
DOP Mn
USD Mn
Universal
2,400.8
57.4
Banreservas
1,081.9
25.9
MAPFRE
954.0
22.8
Colonial
768.6
18.4
Scotia Seguros
750.3
18.0
Worldwide
679.7
16.3
Sura
368.6
8.8
Vivir (Unido)
176.8
4.2
BMI
132.7
3.2
Constitucion
129.3
3.1
GDP
2009
$83.3
2010
78.9
2011
84.9
2012
93.2
2013
101.0
$619
Life premiums
120
Total premiums
Percent of total world
premiums
$739
0.02%
updates at www.iii.org/international/
37
Ecuador
LEADING NONLIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
INSURANCE ASSOCIATION
Asociacion de Companias de Seguros del Ecuador
Web: www.acose.org
USD Mn
Equinoccial
235.3
Colonial
199.5
Sucre
187.5
Year
ACE Seguros
185.8
2011
15,007,343
MAPFRE-ATLAS
83.0
2012
15,223,680
AIG Metropolitana
79.9
2013
15,439,429
Liberty Seguros
73.8
2014
15,654,411
Seguros Unidos
67.3
58.4
Latina Seguros
55.5
(1) Estimated.
Source: U.S. Central Intelligence Agency.
Year
Population
USD Mn
GDP
2009
$107.0
2010
107.1
2011
115.3
Seguros De Pichincha
99.8
2012
124.8
Equivida
50.3
2013
157.6
ACE Seguros
30.1
25.8
Ecuatoriano Suiza
21.0
Sucre
20.8
Liberty Seguros
19.3
Colvida
18.7
Coopseguros
12.3
AIG Metropolitana
11.1
$1,377
Life premiums
282
Total premiums
$1,659
0.04%
updates at www.iii.org/international/
38
Egypt
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written
premiums
Company
Misr
EGP Mn
INSURANCE ASSOCIATION
USD Mn
3,290.9
543.4
Suez Canal
384.0
63.4
Arab Misr
301.4
49.8
270.7
44.7
AIG Egypt
257.8
42.6
Allianz Egypt
239.3
39.5
Egyptian Takaful
220.5
36.4
Delta
215.6
35.6
Royal
211.0
34.8
158.5
26.2
82,079,636
2012
83,688,164
2013
85,294,388
2014
86,895,099
(1) Estimated.
Source: U.S. Central Intelligence Agency.
Year
EGP Mn
USD Mn
Misr Life
1,684.8
278.2
CIL
1,069.6
176.6
Allianz Life
953.4
157.4
288.6
47.7
Suez Canal
194.5
32.1
NSGB Life
154.3
25.5
Delta
124.8
20.6
85.5
14.1
Mohandes
59.8
9.9
8.6
1.4
Population
GDP
2009
$452.5
2010
470.4
2011
500.9
2012
515.4
2013
551.4
$1,051
Life premiums
800
Total premiums
$1,851
0.04%
updates at www.iii.org/international/
39
El Salvador
INSURANCE ASSOCIATION
USD Mn
74.2
Aseguradora Agricola
Comercial SA (ACSA)
73.8
La Centro Americana
61.5
58.5
Year
Population
2011
6,071,774
2012
6,090,646
2013
6,108,590
2014
6,125,512
(1) Estimated.
Source: U.S. Central Intelligence Agency.
Seguros e Inversiones
38.9
Aseguradora Suiza
Salvadorena
35.6
32.2
Scotia Seguros
32.2
Year
20.5
2009
NA
19.1
2010
$43.2
GDP
2011
44.0
2012
44.8
2013
47.5
$364
Life premiums
188
Total premiums
Percent of total world
premiums
$552
0.01%
updates at www.iii.org/international/
40
Finland
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
EUR Mn
INSURANCE ASSOCIATION
Federation of Finnish Insurance Companies
Web: www.vakes.fi
USD Mn
Pohjola
990.1
1,272.1
If P&C
924.7
1,188.1
Tapiola
680.3
874.1
Year
Fennia
375.6
482.6
2011
5,259,250
Mutual Insurance
Associations
213.5
274.4
2012
5,262,930
2013
5,266,114
2014
5,268,799
Lahivakuutus (Local
Insurance Mutual
Company)
148.2
190.4
AVakuutus Oy
100.0
128.5
Pohjantahti
87.9
113.0
Turva
84.0
107.9
Aktia
71.2
91.5
(1) Estimated.
Source: U.S. Central Intelligence Agency.
Year
EUR Mn
USD Mn
1,184.7
1,522.2
Mandatum Life
947.0
1,216.8
OP Life
840.7
1,080.1
Tapiola Life
326.4
419.4
Aktia Life
111.3
143.0
Fennia Life
90.5
116.3
Duo
67.5
86.8
Kaleva
57.4
73.8
Suomi
56.4
72.4
Aurum
45.0
57.8
Population
GDP
2009
$201.2
2010
181.4
2011
187.6
2012
195.6
2013
195.5
$5,243
Life premiums
22,363
Total premiums
Percent of total world
premiums
$27,606
0.59%
updates at www.iii.org/international/
41
France
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
EUR Mn
USD Mn
9,600.0
12,334.7
GROUPAMA
8,000.0
10,278.9
SFEREN
7,800.0
10,021.9
INSURANCE ASSOCIATION
Insurance Federation
Federation Franaise des Societes d'Assurances
Web: www.ffsa.fr
Population
AXA
6,800.0
8,737.1
2011
65,312,249
Allianz France
5,700.0
7,323.7
2012
65,630,692
GENERALI France
4,300.0
5,524.9
2013
65,951,611
2,500.0
3,212.2
2014
66,259,012
670.0
860.9
Socit Gnrale
Insurance
400.0
513.9
(1) Estimated.
Source: U.S. Central Intelligence Agency.
12,334.7
Year
EUR Mn
USD Mn
2009
$2,097.0
2010
2,113.0
2011
2,160.0
2012
2,214.0
2013
2,273.0
CNP Assurances
21,500.0
27,624.5
16,200.0
20,814.8
AXA
14,400.0
18,502.0
10,200.0
13,105.6
Generali France
9,400.0
12,077.7
SOGECAP
8,400.0
10,792.8
Allianz France
7,900.0
10,150.4
3,600.0
4,625.5
Groupama
3,200.0
4,111.6
Total premiums
SFEREN
2,600.0
3,340.6
GDP
$93,112
Life premiums
149,346
$242,459
5.26%
updates at www.iii.org/international/
42
Germany
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
EUR Mn
USD Mn
INSURANCE ASSOCIATION
German Insurance Association
Gesamtverband der Deutschen
Versicherungswirtschaft eV
Web: www.gdv.de
Allianz Vers
9,046.0
11,622.9
AXA Vers
3,694.0
4,746.3
3,143.0
4,038.3
HDIGerling Industrie
3,032.0
3,895.7
Allianz Global Ag
2,964.0
3,808.3
2011
81,471,834
81,305,856
Population
Ergo Versicherung
2,719.0
3,493.5
2012
LVM Sach
1,757.0
2,257.5
2013
81,147,265
Generali Versicherung
1,706.0
2,192.0
2014
80,996,685
Wuertt Vers
1,477.0
1,897.7
PensionsSicherungsV
1,474.0
1,893.9
(1) Estimated.
Source: U.S. Central Intelligence Agency.
Year
EUR Mn
USD Mn
GDP
2009
$2,863.0
2010
2,812.0
2011
2,960.0
14,558.0
18,705.0
2012
3,085.0
4,725.0
6,071.0
2013
3,227.0
AachenMuenchener Leben
4,479.0
5,754.9
Generali Leben
4,053.0
5,207.6
3,713.0
4,770.7
Debeka Leben
3,513.0
4,513.7
Ergo Leben Ag
3,253.0
4,179.7
Cosmos Leben
2,791.0
3,586.1
Nuernbgerger Leben
2,383.0
3,061.8
Bayern-Versicherung
2,282.0
2,932.1
$132,813
114,349
$247,162
5.33%
updates at www.iii.org/international/
43
Greece
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
EUR Mn
INSURANCE ASSOCIATION
Association of Insurance Companies of Greece
Web: www.eaee.gr/cms/
USD Mn
Ethniki
295.4
379.6
Interamerican Property
220.8
283.7
Intersalonika General
152.8
196.4
Year
ERGO General
136.2
175.1
2011
10,760,136
ATE Insurance
132.0
169.6
2012
10,767,827
European Reliance
130.9
168.2
2013
10,772,967
Idrogios General
122.6
157.6
2014
10,775,557
AXA
119.9
154.1
Allianz Hellas
113.8
146.2
Groupama Phoenix
107.8
138.5
(1) Estimated.
Source: U.S. Central Intelligence Agency.
Year
EUR Mn
Population
USD Mn
GDP
2009
$351.3
2010
339.2
2011
321.7
Ethniki
335.5
431.1
2012
305.6
ING Life
306.9
394.4
2013
267.1
263.1
338.1
242.0
310.9
Interamerican Life
200.3
257.4
160.4
206.1
88.6
113.9
Allianz Hellas
AXA
74.8
96.1
Groupama Phoenix
60.1
77.2
Generali Hellas
58.1
74.7
$3,116
2,143
Total premiums
$5,259
0.11%
updates at www.iii.org/international/
44
Guatemala
LEADING LIFE AND NONLIFE INSURANCE
COMPANIES, 2013
Gross written premiums
Company
GTQ Mn
USD Mn
Seguros El Roble, S. A.
1,356.1
172.6
Seguros G&T, S. A.
1,162.0
147.9
Aseguradora General, S.
A.
529.6
67.4
MAPFRE Seguros
Guatemala, S. A.
341.2
43.4
Seguros Universales, S.
A.
334.3
42.6
Aseguradora Rural, S. A.
313.2
39.9
Pan-American Life
Insurance de Guatemala,
Compania de Seguros
273.7
34.8
Credito Hipotecario
Nacional de Guatemala
236.2
30.1
Seguros Agromercantil, S.
A.
182.5
23.2
Seguros de Occidente, S.
A.
174.4
22.2
INSURANCE ASSOCIATION
Population
2011
13,824,463
2012
14,099,032
2013
14,373,472
2014
14,647,083
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GDP
2012
$74.6
2013
81.5
$544
Life premiums
135
Total premiums
Percent of total world
premiums
$679
0.01%
updates at www.iii.org/international/
45
Hong Kong
LEADING NONLIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
HDK Mn
INSURANCE ASSOCIATION
Hong Kong Federation of Insurers
Web: www.hkfi.org.hk
USD Mn
AXA General
3,501.1
450.6
Zurich Insurance
2,615.0
336.6
Bupa
2,094.2
269.5
1,783.7
229.6
2011
7,122,508
CTPI(HK)
1,782.0
229.4
2012
7,153,519
AIG Insurance HK
1,712.7
220.4
2013
7,182,724
QBE HKSI
1,423.0
183.1
2014
7,112,688
Asia Insurance
1,415.9
182.2
CNOOC Insurance
1,409.4
181.4
MSIG Insurance
1,082.0
139.3
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2013 (1)
Year
HDK Mn
Population
USD Mn
HSBC Life
43,190.0
5,558.6
AIA International
32,931.7
4,238.3
Prudential (UK)
27,132.9
3,492.0
Manulife (Int'l)
20,294.9
2,612.0
China Life
19,513.0
2,511.3
17,981.7
2,314.2
13,582.7
1,748.1
11,141.2
1,433.9
FWD Life
8,015.9
1,031.6
6,385.9
821.9
GDP
2009
$318.2
2010
301.3
2011
327.0
2012
353.7
2013
381.7
$4,016
Life premiums
32,059
Total premiums
Percent of total world
premiums
$36,075
0.78%
updates at www.iii.org/international/
46
Hungary
LEADING NONLIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
HUF Mn
USD Mn
INSURANCE ASSOCIATION
Association of Hungarian Insurance Companies
MABISZ
Web: www.mabisz.hu
Allianz Hungaria
79,868.9
357.0
Generali-Providencia
70,999.6
317.4
Aegon
44,823.9
200.4
Year
Groupama Garancia
43,886.7
196.2
2011
9,976,062
UNIQA
30,940.8
138.3
2012
9,958,453
Union
25,415.9
113.6
2013
9,939,470
K&H
17,756.2
79.4
2014
9,919,128
AIG
7,820.8
35.0
MP Hungarian Post
7,703.1
34.4
KOBE
7,089.1
31.7
(1) Estimated.
Source: U.S. Central Intelligence Agency.
Year
HUF Mn
USD Mn
ING
70,961.2
317.2
50,485.8
225.7
Allianz
49,494.5
221.3
Groupama Garancia
46,167.8
206.4
Generali-Providencia
39,035.2
174.5
Aegon
36,803.0
164.5
UNIQA
29,590.5
132.3
MetLife (AVIVA)
18,847.5
84.3
CIG
16,715.3
74.7
Erste
15,800.7
70.6
Population
GDP
2009
$205.7
2010
186.3
2011
190.0
2012
195.9
2013
196.6
$1,566
1,938
Total premiums
$3,504
0.08%
updates at www.iii.org/international/
47
India
LEADING NONLIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
New India
INR Mn
INSURANCE ASSOCIATION
Insurance Institute of India
Web: www.insuranceinstituteofindia.com
USD Mn
100,379.5
1,878.5
United India
92,660.4
1,734.0
National
91,657.3
1,715.2
Oriental
65,524.0
1,226.2
2011
77,891,220
ICICI Lombard
61,339.9
1,147.9
2012
78,868,711
Bajaj Allianz
40,014.0
748.8
2013
79,853,900
IFFCO Tokio
25,650.3
480.0
2014
1,236,344,631
HDFC Ergo
24,532.0
459.1
Tata AIG
21,350.8
399.6
Reliance General
17,125.6
320.5
(1) Estimated.
Source: U.S. Central Intelligence Agency.
Year
INR Mn
Population
USD Mn
2,088,035.8
35,510.8
ICICI Prudential
135,382.4
2,302.4
HDFC Standard
113,226.8
1,925.6
SBI Life
104,500.3
1,777.2
Bajaj Allianz
68,927.0
1,172.2
Max Life
66,387.0
1,129.0
52,163.0
887.1
Reliance
40,453.9
688.0
Kotak Mahindra
27,777.8
472.4
TATA AIA
27,604.3
469.5
GDP
2009
$3,319.0
2010
3,561.0
2011
4,046.0
2012
4,463.0
2013
4,962.0
$13,401
52,174
$65,576
1.41%
updates at www.iii.org/international/
48
Indonesia
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
IDR Mn
USD Mn
Sinar Mas
3,444,862.6
367.0
Astra Buana
2,992,196.5
318.8
2,867,632.2
305.5
INSURANCE ASSOCIATION
Insurance and Reinsurance Broker Association of
Indonesia
Asosiasi Broker Asuransi dan Reasuransi Indonesia
Web: www.apparindo.or.id
POPULATION, 2011-2014 (1)
Year
Population
Central Asia
2,013,799.0
214.5
2011
245,613,043
Wahana Tata
1,628,089.2
173.5
2012
248,216,193
Adira Dinamika
1,550,605.6
165.2
2013
251,160,124
1,501,494.1
160.0
2014
253,609,643
MSIG Indonesia
1,162,178.3
123.8
Bangun Askrida
1,141,930.3
121.7
924,850.2
98.5
(1) Estimated.
Source: U.S. Central Intelligence Agency.
Year
IDR Mn
USD Mn
47,279,571.0
5,036.9
18,797,931.0
2,002.6
18,136,902.0
1,932.2
8,413,969.0
896.4
Indolife Pensiontama
6,279,758.0
669.0
5,670,374.0
604.1
Jiwa Bersama
Bumiputera 1912
5,453,460.0
581.0
Jiwasraya (Persero)
5,174,636.0
551.3
AIA Financial
5,097,517.0
543.1
3,724,326.0
396.8
GDP
2009
$932.1
2010
968.5
2011
1,033.0
2012
1,121.0
2013
1,285.0
$4,254
Life premiums
14,141
Total premiums
Percent of total world
premiums
$18,395
0.40%
updates at www.iii.org/international/
49
Iran
LEADING NONLIFE INSURANCE COMPANIES, 2011
Gross written premiums
Company
IRR Mn
INSURANCE ASSOCIATION
Central Insurance of Iran
Web: www.centinsur.ir
USD Mn
Bimeh Iran
40,017,526.0
3,769.4
Bimeh Asia
10,094,598.0
950.9
Bimeh Alborz
5,297,625.0
499.0
Year
Bimeh Parsian
5,021,191.0
473.0
2011
77,891,220
Bimeh Dana
4,632,579.0
436.4
2012
78,868,711
Bimeh Tosee
3,599,837.0
339.1
2013
79,853,900
Bimeh Karafarin
2,630,728.0
247.8
2014
80,840,713
Bimeh Sina
2,316,118.0
218.2
Bimeh Mellat
2,089,770.0
196.9
Bimeh Day
2,069,740.0
195.0
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GDP
2009
$859.7
2010
876.0
2011
863.5
2012
928.9
2013
987.1
$8,878
Life premiums
796
Total premiums
$9,675
0.21%
updates at www.iii.org/international/
50
Ireland
LEADING NONLIFE INSURANCE COMPANIES, 2011
Gross written premiums
Company
EUR Mn
INSURANCE ASSOCIATION
Irish Insurance Federation
Web: www.iif.ie
USD Mn
421.9
586.5
RSA Insurance
377.6
525.0
Quinn Insurance
322.9
448.9
AXA
310.5
431.6
2011
4,670,976
Allianz Plc
306.7
426.4
2012
4,722,028
FBD
303.1
421.4
2013
4,775,982
135.0
187.6
2014
4,832,765
Aviva Health
91.5
127.2
80.0
111.3
Irish Public
79.7
110.8
(1) Estimated.
Source: U.S. Central Intelligence Agency.
Year
EUR Mn
Population
USD Mn
GDP
2009
$198.5
2010
177.0
2011
172.3
Irish Life
3,253.1
4,522.2
2012
182.1
New Ireland
1,569.5
2,181.9
2013
190.4
1,215.7
1,689.9
610.2
848.2
Ark
564.6
784.9
435.0
604.6
311.8
433.4
125.8
174.9
Acorn
68.3
95.0
ECCU
48.6
67.5
$8,851
Life premiums
46,929
Total premiums
Percent of total world
premiums
$55,780
1.20%
updates at www.iii.org/international/
51
Israel
LEADING NONLIFE INSURANCE COMPANIES, 2011
Gross written premiums
Company
ILS Mn
INSURANCE ASSOCIATION
Israel Insurance Association
Web: www.igudbit.org.il
USD Mn
Harel
3,502.3
978.8
The Phoenix
2,354.7
658.1
Clal
2,149.2
600.6
Menora Mivtachim
1,582.9
442.4
2011
7,473,052
Migdal
1,457.9
407.5
2012
7,590,758
Ayalon
1,006.6
281.3
2013
7,707,042
IDI
921.5
257.5
2014
7,821,850
ILD
718.6
200.8
Eliahu
663.8
185.5
AIG
643.3
179.8
(1) Estimated.
Source: U.S. Central Intelligence Agency.
Year
ILS Mn
Population
USD Mn
GDP
2009
$205.7
2010
205.2
2011
217.1
Migdal
7,189.4
2,009.3
2012
235.1
Clal
4,645.2
1,298.2
2013
274.5
The Phoenix
4,019.7
1,123.4
Harel
3,586.1
1,002.2
Menora Mivtachim
1,789.9
500.2
Clal Health
774.7
216.5
Dykla
622.4
174.0
I.L.D
394.8
110.4
Ayalon
324.8
90.8
Eliahu
282.2
78.9
$6,170
7,329
$13,499
0.29%
updates at www.iii.org/international/
52
Italy
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
EUR Mn
USD Mn
INSURANCE ASSOCIATION
Italian Association of Insurance Companies
Associazione Nazionale fra le Imprese Assicuratrici
Web: www.ania.it
Unipol Assicurazioni
3,654.5
4,695.5
Allianz
3,540.3
4,548.8
Fondiaria Sai
3,467.9
4,455.8
Assicurazioni Generali
3,210.4
4,125.0
2011
61,016,804
Compagnia Di Ass. Di
Milano
2,454.8
3,154.1
2012
61,261,254
Ina Assitalia
1,650.1
2,120.1
2013
61,482,297
Alleanza Toro
1,646.3
2,115.2
2014
61,680,122
Societ Cattolica
1,468.3
1,886.6
Axa Assicurazioni
1,448.3
1,860.9
1,392.4
1,789.1
(1) Estimated.
Source: U.S. Central Intelligence Agency.
Year
EUR Mn
USD Mn
10,516.7
13,512.5
Mediolanum Vita
7,808.5
10,032.9
5,120.7
6,579.4
Fideuram Vita
4,840.6
6,219.5
Alleanza Toro
4,034.2
5,183.4
Population
GDP
2009
$1,801.0
2010
1,756.0
2011
1,782.0
2012
1,826.0
2013
1,805.0
Assicurazioni Generali
3,697.4
4,750.7
INA Assitalia
2,741.0
3,521.7
Cardif Vita
2,661.2
3,419.2
Allianz
2,655.8
3,412.3
$50,576
CreditRas Vita
2,371.6
3,047.2
Life premiums
117,978
Direct premiums
written
Total premiums
Percent of total world
premiums
$168,554
3.63%
updates at www.iii.org/international/
53
Jamaica
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
JMD Mn
INSURANCE ASSOCIATION
The Insurance Association of Jamaica
Web: www.iaj-online.com
USD Mn
Advantage General
4,794.0
54.0
Jamaica International
3,988.8
44.9
3,789.0
42.7
Year
3,310.2
37.3
2011
2,868,380
3,239.2
36.5
2012
2,889,187
JN General Insurance
2,968.2
33.4
2013
2,909,714
2014
2,930,050
2,863.5
32.3
Globe
2,346.7
26.4
Chartis
1,798.4
20.3
710.8
8.0
Key
(1) Estimated.
Source: U.S. Central Intelligence Agency.
Year
JMD Mn
USD Mn
19,530.2
220.1
Guardian Life
8,882.6
100.1
1,732.7
19.5
NCB Insurance
1,656.1
18.7
CUNA Mutual
1,337.4
15.1
Population
GDP
2009
$21.6
2010
23.4
2011
23.9
2012
24.6
2013
25.1
$437
Life premiums
246
Total premiums
Percent of total world
premiums
$683
0.01%
updates at www.iii.org/international/
54
Japan
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
JYP Mn
INSURANCE ASSOCIATION
General Insurance Association of Japan
Web: www.sonpo.or.jp/en
USD Mn
2,123,797.9
26,617.2
Mitsui Sumitomo
1,536,901.3
19,261.7
Sompo Japan
1,517,884.5
19,023.4
1,243,701.3
15,587.1
2011
126,475,664
Nipponkoa
728,297.3
9,127.6
2012
127,368,088
Fuji
307,197.6
3,850.1
2013
127,253,075
AIU
242,722.5
3,042.0
2014
127,103,388
Kyoei
203,270.2
2,547.6
Nisshin
150,313.7
1,883.9
83,026.5
1,040.6
American Home
(1) Estimated.
Source: U.S. Central Intelligence Agency.
Year
JPY Mn
Population
USD Mn
GDP
2009
$4,487.0
2010
4,141.0
2011
4,338.0
Nippon
5,341,477.0
66,943.8
2012
4,389.0
Japan Post
3,796,214.0
47,577.3
2013
4,729.0
Meiji Yasuda
3,651,060.0
45,758.1
Sumitomo
3,140,241.0
39,356.1
Dai-ichi
2,912,020.0
36,495.9
Aflac
1,985,672.0
24,886.1
MetLife Alico
1,282,964.0
16,079.2
Taiyo
1,018,215.0
12,761.1
Prudential Gibraltar
Financial
962,872.0
12,067.5
Sony
924,472.0
11,586.3
$108,773
422,733
$531,506
11.45%
updates at www.iii.org/international/
55
Jordan
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
JOD Mn
INSURANCE ASSOCIATION
Jordan Insurance Federation
Web: www.joif.org
USD Mn
77.6
109.3
Jordan Insurance
35.8
50.4
30.2
42.5
Year
First Insurance
21.3
30.0
2011
6,508,271
20.6
29.0
2012
6,508,887
Jordan Emarets
Insurance
18.1
25.5
2013
6,482,081
Islamic Insurance
15.7
22.1
2014
7,930,491
15.3
21.6
Jordan International
Insurance
15.2
21.5
Jerusalem Insurance
14.5
20.4
(1) Estimated.
Source: U.S. Central Intelligence Agency.
JOD Mn
USD Mn
11.9
16.7
GDP
2009
$31.0
2010
33.1
2011
33.8
2012
36.8
2013
40.0
Jordan Insurance
10.6
14.9
Al Nisr Insurance
9.0
12.7
3.1
4.4
Islamic Insurance
2.8
3.9
Arabia Insurance-Jordan
1.7
2.4
1.1
1.5
United Insurance
0.9
1.2
0.8
1.2
Life premiums
0.6
0.8
Total premiums
Population
$620
66
$686
0.01%
updates at www.iii.org/international/
56
Kazakhstan
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
KZT Mn
USD Mn
Population
Eurasia
27,082.2
181.6
Kaspi Insurance
22,701.7
152.3
2011
15,522,373
Halyk-Kazakhinstrakh
17,485.2
117.3
2012
17,522,010
NOMAD Insurance
14,095.5
94.5
2013
17,736,896
10,215.7
68.5
2014
17,948,816
Tsesnabank
9,632.7
64.6
NOMAD Life
8,764.9
58.8
Kazkommerts-Policy
8,336.4
55.9
BTA Insurance
6,496.1
43.6
London Almaty
4,866.6
32.6
(1) Estimated.
Source: U.S. Central Intelligence Agency.
Year
LEADING LIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
KZT Mn
USD Mn
Kazkommerts-Life
9,912.5
66.5
Nomad Life
9,606.9
64.4
BTA Life
8,534.7
57.2
Halyk-Life
8,475.2
56.8
Generali Life
8,124.9
54.5
5,325.5
35.7
Alliance-Life Insurance
2,460.8
16.5
GDP
2009
$184.3
2010
175.1
2011
197.7
2012
214.5
2013
243.6
$1,292
Life premiums
372
Total premiums
$1,664
0.04%
updates at www.iii.org/international/
57
Kenya
LEADING NONLIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
KES Mn
INSURANCE ASSOCIATION
The Association of Kenya Insurers
Web: www.akinsure.com
USD Mn
Jubilee
8,651.5
100.3
CIC General
8,058.2
93.5
UAP Insurance
7,686.0
89.1
APA
6,554.0
76.0
2011
41,070,934
4,563.5
52.9
2012
43,013,341
British American
3,826.4
44.4
2013
44,037,656
Heritage
3,549.1
41.2
2014
45,010,056
AIG Kenya
3,504.7
40.7
First Assurance
3,242.8
37.6
GA
3,088.7
35.8
(1) Estimated.
Source: U.S. Central Intelligence Agency.
Year
KES Mn
Population
USD Mn
GDP
2009
$66.5
2010
63.5
2011
66.0
British American
8,027.3
93.1
2012
71.5
Jubilee
6,812.9
79.0
2013
79.9
6,456.3
74.9
Pan Africa
5,570.4
64.6
CFC Life
4,096.0
47.5
CIC Life
3,003.1
34.8
Kenindia
2,118.6
24.6
UAP Life
1,851.6
21.5
Old Mutual
1,441.9
16.7
Madison
1,244.1
14.4
$1,000
Life premiums
520
Total premiums
$1,520
0.03%
updates at www.iii.org/international/
58
Kuwait
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
KWD Mn
USD Mn
Year
Population
26.8
95.7
23.8
85.1
2011
2,595,628
2012
2,646,314
2013
2,695,316
2014
2,742,711
20.7
74.0
Al-Ahleia Insurance
Company
19.3
68.7
7.6
27.3
5.5
19.7
5.4
19.3
5.0
17.7
4.2
14.9
Al-Muthanna Takaful
Insurance
3.9
13.8
(1) Estimated.
Source: U.S. Central Intelligence Agency.
KWD Mn
USD Mn
42.0
149.9
2009
$157.9
2010
148.7
2011
144.3
2012
149.8
2013
165.8
11.8
42.1
Al-Ahleia Insurance
Company
7.1
25.5
5.5
19.6
Al-Muthanna Takaful
Insurance Company
3.4
12.3
3.2
11.2
2.2
7.8
1.8
6.5
1.6
5.7
1.4
4.9
GDP
Total premiums
Percent of total world
premiums
$952
0.02%
updates at www.iii.org/international/
59
Lebanon
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
LBP Mn
USD Mn
INSURANCE ASSOCIATION
Insurance Association
Association des Compagnies d'Assurances au Liban
Web: www.acal.org.lb
Medgulf
160,756.0
106.6
Bankers
123,834.7
82.2
AXA M.E.
119,384.5
79.2
Libano-Suisse
95,466.3
63.3
Arope
80,492.1
53.4
2011
4,143,101
4,140,289
Population
Allianz SNA
76,618.9
50.8
2012
Fidelity
74,008.1
49.1
2013
4,131,583
LIA (Lib-Arabe)
60,349.6
40.0
2014
5,882,562
Al-Mashrek
51,560.9
34.2
Arabia
42,960.4
28.5
(1) Estimated.
Source: U.S. Central Intelligence Agency.
LBP Mn
USD Mn
GDP
2009
$44.1
2010
47.8
58.7
113,202.3
75.1
2011
Allianz SNA
79,678.8
52.9
2012
61.6
Bancassurance
70,906.0
47.0
2013
64.3
ALICO - Metlife
LIA (Lib-Arabe)
62,096.6
41.2
Arope
59,561.9
39.5
Adonis (ADIR)
46,675.2
31.0
Medgulf
19,771.7
13.1
Sogecap
17,647.4
11.7
Direct premiums
written
Nonlife premiums (1)
$1,005
Life premiums
469
Total premiums
$1,475
0.03%
updates at www.iii.org/international/
60
Liechtenstein
No data available for leading writers.
INSURANCE ASSOCIATION
Liechtensteinischer Versicherungsverband
Web: www.lvv.li
Population
2011
35,236
2012
36,713
2013
37,009
2014
37,313
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GDP
2009
$4.2
2010
4.2
2011
5.0
2012
5.0
2013
3.2
$992
Life premiums
2,643
Total premiums
$3,635
0.08%
updates at www.iii.org/international/
61
Lithuania
LEADING NONLIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
LTL Mn
INSURANCE ASSOCIATION
Association of Lithuanian Insurers
Web: www.draudikai.lt/lt
USD Mn
Lietuvos Draudimas
409.9
157.6
BTA
186.8
71.8
PZU Lietuva
179.7
69.1
Ergo Lietuva
154.7
59.5
Gjensidige Baltic
103.1
39.6
If P&C
92.4
35.5
Compensa Vienna
51.6
19.8
Seesam Lietuva
48.1
18.5
Swedbank
14.6
5.6
Vereinigte Hagel
13.9
5.4
Population
2011
3,535,547
2012
3,525,761
2013
3,515,858
2014
3,505,738
(1) Estimated.
Source: U.S. Central Intelligence Agency.
Year
LEADING LIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
LTL Mn
USD Mn
Swedbank Elu
136.8
52.6
SEB gyvybes
132.9
51.1
Aviva Lietuva
127.2
48.9
73.9
28.4
61.4
23.6
Mandatum Life
58.1
22.3
PZU Lietuvagyvybes
26.1
10.0
Bonum Publicum
18.5
7.1
AMPLICO Life
18.1
7.0
0.1
0.0
Liteuvos Draudimas
GDP
2009
$65.8
2010
NA
2011
56.2
2012
61.3
2013
67.4
$388
Life premiums
207
Total premiums
Percent of total world
premiums
$595
0.01%
updates at www.iii.org/international/
62
Luxembourg
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
EUR Mn
INSURANCE ASSOCIATION
Insurance Companies' Association
Web: www.aca.lu
USD Mn
Foyer Assurances
289.8
372.4
La Luxembourgeoise
210.6
270.6
AXA Assurances
Luxembourg
101.7
130.6
Baloise Assurances
Luxembourg
2011
503,302
62.3
80.1
2012
509,074
P&V Assurances
26.5
34.0
2013
514,862
2014
520,672
DKV Luxembourg
26.4
33.9
22.8
29.3
Allianz Insurance
Luxembourg
20.4
26.3
Foyer Sante
14.5
18.7
Foyer Arag
8.2
10.6
(1) Estimated.
Source: U.S. Central Intelligence Agency.
Year
EUR Mn
USD Mn
181.5
233.3
Population
GDP
2009
$41.4
2010
38.1
2011
40.8
2012
43.6
2013
42.7
Sogelife
153.8
197.7
La Luxembourgoise Vie
132.2
169.8
Foyer Vie
108.3
139.1
90.5
116.3
69.1
88.8
53.3
68.5
48.8
62.7
48.4
62.2
$3,822
28.4
36.5
Life premiums
25,904
Total premiums
Percent of total world
premiums
$29,726
0.64%
updates at www.iii.org/international/
63
Macau
No data available for leading writers.
INSURANCE ASSOCIATION
Macao Insurers Association
Web: www.mia-macau.com
POPULATION, 2011-2014 (1)
Year
Population
2011
573,003
2012
578,025
2013
583,003
2014
587,914
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GDP
2009
NA
2010
NA
2011
$18.5
2012
18.5
2013
47.2
$207
Life premiums
468
Total premiums
Percent of total world
premiums
$674
0.01%
updates at www.iii.org/international/
64
Malaysia
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
MYR Mn
INSURANCE ASSOCIATION
General Insurance Association of Malyasia
Web: www.piam.org.my
USD Mn
Allianz General
1,674.0
541.9
MSIG
1,326.2
429.4
Etiqa
1,292.1
418.3
Kurnia
1,120.8
362.9
2011
28,728,607
Lonpac
951.4
308.0
2012
29,179,952
Tokio Marine
910.1
294.7
2013
29,628,392
826.9
267.7
2014
30,073,353
ACE Jerneh
748.2
242.2
AmG
692.2
224.1
AIG Malaysia
580.6
188.0
(1) Estimated.
Source: U.S. Central Intelligence Agency.
Year
MYR Mn
Population
USD Mn
GDP
2009
$397.5
2010
378.9
2011
416.7
Great Eastern
5,780.0
1,888.9
2012
447.0
Prudential
4,359.6
1,424.7
2013
525.0
ING
2,486.1
812.5
AIA Bhd
2,411.4
788.0
Hong Leong
1,674.6
547.2
Allianz Life
1,129.4
369.1
Etiqa
608.2
198.8
MCIS Zurich
587.3
191.9
475.2
155.3
ZURICH
466.7
152.5
$5,161
9,985
$15,146
0.33%
updates at www.iii.org/international/
65
Malta
LEADING NONLIFE INSURANCE COMPANIES, 2005
MTL Mn
Middlesea
INSURANCE ASSOCIATION
USD Mn
12.3
35.6
Gasan Mamo
9.3
26.9
Atlas
7.0
20.2
Elmo
5.3
15.3
Citadel
3.3
9.5
MTL Mn
Population
2011
408,333
2012
409,836
2013
411,277
2014
412,655
(1) Estimated.
Source: U.S. Central Intelligence Agency.
SD Mn
Year
GDP
Middlesea Valletta
39.3
113.6
HSBC Life
17.0
49.1
2009
NA
GlobalCapital
3.8
11.0
2010
$9.7
Middlesea Insurance
0.6
1.7
2011
11.8
0.9
2012
10.9
2013
11.5
Citadel
0.3
$2,107
1,365
Total premiums
$3,472
0.07%
updates at www.iii.org/international/
66
Mauritius
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
MUR Mn
INSURANCE ASSOCIATION
Financial Services Commission
Web: www.fscmauritius.org/
USD Mn
Swan
1,679.3
55.9
MUA
1,540.0
51.3
Mauritian Eagle
739.4
24.6
SICOM
562.6
18.7
New India
381.0
12.7
Phoenix
242.1
8.1
Jubilee
241.0
8.0
Sun
203.9
6.8
Lamco
181.0
6.0
Lamco
163.8
5.3
Population
2011
1,303,717
2012
1,313,095
2013
1,322,238
2014
1,331,155
(1) Estimated.
Source: U.S. Central Intelligence Agency.
Year
LEADING LIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
BAI
MUR Mn
USD Mn
6,048.9
201.3
SICOM
3,792.3
126.2
Anglo
2,685.4
89.4
LPM
635.4
21.1
LIC
337.6
11.2
Island Life
186.7
6.2
Mauritian Eagle
184.8
6.2
17.4
0.6
IOGA
Phoenix
5.4
0.2
Lamco
4.3
0.1
GDP
2009
NA
2010
$15.9
2011
NA
2012
NA
2013
21.0
$212
Life premiums
476
Total premiums
Percent of total world
premiums
$688
0.01%
updates at www.iii.org/international/
67
Mexico
LEADING NONLIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
MXN Mn
USD Mn
INSURANCE ASSOCIATION
Mexican Association of Insurance Institutions
Asociacion Mexicana de Instituciones de Seguros AC
Web: www.amis.com.mx
Inbursa
17,613.7
1,379.1
AXA Seguros
16,897.1
1,323.0
Qualitas
14,956.9
1,171.1
GNP
10,815.4
846.8
7,905.1
618.9
2011
113,724,226
114,975,406
Mapfre Mexico
Population
Banorte Generali
6,957.6
544.8
2012
Aba/Seguros
6,033.7
472.4
2013
116,220,947
Zurich Danos
5,450.7
426.8
2014
120,286,655
BBVA Bancomer
4,936.8
386.5
Atlas
3,898.9
305.3
(1) Estimated.
Source: U.S. Central Intelligence Agency.
Year
MXN Mn
USD Mn
GDP
2009
$1,578.0
2010
1,473.0
2011
1,560.0
Metlife Mexico
48,329.6
3,784.0
2012
1,657.0
GNP
31,335.2
2,453.4
2013
1,845.0
BBVA Bancomer
19,440.0
1,522.1
Banamex
19,216.5
1,504.6
16,941.5
1,326.5
Banorte Generali
15,382.5
1,204.4
AXA Seguros
13,595.9
1,064.5
Zurich Santander
7,101.7
556.0
Inbursa
6,126.5
479.7
Allianz Mexico
5,475.0
428.7
$14,884
12,470
$27,354
0.59%
updates at www.iii.org/international/
68
Morocco
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
MAD Mn
USD Mn
INSURANCE ASSOCIATION
Federation Marocaine des Societes d'Assurances et de
Reassurance
Web: www.fmsar.org.ma
RMA Watanya
2,739.4
317.5
Wafa Assurance
2,708.5
313.9
2,699.0
312.8
2,658.4
308.1
2011
31,968,361
Sanad
1,229.4
142.5
2012
32,309,239
Atlanta
1,182.3
137.0
2013
32,649,130
Zurich
1,059.3
122.8
2014
32,987,206
CAT
657.1
76.2
MAMDA
623.2
72.2
MCMA
408.0
47.3
(1) Estimated.
Source: U.S. Central Intelligence Agency.
Year
MAD Mn
Population
USD Mn
Wafa Assurance
3,019.5
349.9
RMA Watanya
2,345.7
271.9
Marocaine Vie
1,023.4
118.6
MCMA
825.3
95.7
789.5
91.5
393.2
45.6
Sanad
209.2
24.2
Atlanta
149.3
17.3
Zurich
21.2
2.5
GDP
2009
$137.4
2010
146.7
2011
153.8
2012
163.0
2013
180.0
$1,927
Life premiums
930
Total premiums
$2,857
0.06%
updates at www.iii.org/international/
69
Namibia
LEADING NONLIFE INSURANCE COMPANIES, 2009
Gross written premiums
Company
ZAR Mn
INSURANCE ASSOCIATION
Namibia Insurance Association
Web: www.mbendi.com
USD Mn
Santam
373.0
44.0
M&F
339.9
40.1
Hollard
242.1
28.6
Corporate Guarantee
127.3
15.0
Western
91.0
10.7
Legal Shield
48.6
5.7
Swabou
46.8
5.5
Prosperity
30.2
3.6
Guardrisk
29.2
3.5
NASRIA
14.0
1.7
Population
2011
2,147,585
2012
2,165,828
2013
2,182,852
2014
2,198,406
(1) Estimated.
Source: U.S. Central Intelligence Agency.
Year
LEADING LIFE INSURANCE COMPANIES, 2009
Gross written premiums
Company
OMLAC
NAD Mn
USD Mn
1,798.7
212.3
751.0
88.6
Metropolitan
488.7
57.7
Sanlam Namibia
458.1
54.1
Investment Solutions
331.4
39.1
Momentum
183.0
21.6
Prosperity
74.9
8.8
PPS
60.7
7.2
Namlife
60.3
7.1
Trustco Life
44.3
5.2
GDP
2009
$11.6
2010
NA
2011
14.6
2012
15.5
2013
17.8
$279
Life premiums
664
Total premiums
Percent of total world
premiums
$944
0.02%
updates at www.iii.org/international/
70
Netherlands
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
EUR Mn
USD Mn
Centrale Zorgverzekeraars
Groep, Zorgverzekeraar ua OWM
5,398.2
6,935.9
5,382.9
6,916.3
VGZ Zorgverzekeraar NV
4,976.7
6,394.4
Menzis Zorgverzekeraar NV
3,839.1
4,932.7
Agis Zorgverzekeringen NV
3,049.4
3,918.1
Achmea Schadeverzekeringe n
NV
3,007.7
3,864.5
Unive Zorg NV
1,735.7
2,230.1
IZA Zorgverzekeraar NV
1,464.1
1,881.2
Nationale-Nederlan den
Schadeverzekering Maatschappij
NV
1,351.9
1,737.0
1,235.5
1,587.4
INSURANCE ASSOCIATION
Insurance Companies Association
Verbond Van Verzekeraars
Web: www.verzekeraars.nl/Paginas/Home.aspx
POPULATION, 2011-2014 (1)
Year
2011
16,847,007
2012
16,730,632
2013
16,805,037
2014
16,877,351
(1) Estimated.
Source: U.S. Central Intelligence Agency.
EUR Mn
USD Mn
Nationale-Nederlanden
Levensverzekering Maatschappij
NV
3,185.3
4,092.6
SRLEV NV
2,436.3
3,130.3
AEGON Levensverzekering NV
2,175.8
2,795.7
Achmea Pensioen-en
Levensverzekeringen NV
2,009.9
2,582.5
1,957.8
2,515.4
ASR Levensverzekering NV
Population
GDP
2009
$687.5
2010
652.3
2011
680.4
2012
705.7
2013
696.3
1,865.6
2,397.1
372.9
479.1
335.5
431.1
Total premiums
Allianz Nederland
Levensverzekering NV
264.2
339.4
Loyalis Leven NV
248.7
319.6
$75,135
26,005
$101,140
2.18%
updates at www.iii.org/international/
71
New Zealand
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
NZD Mn
USD Mn
1,817.9
1,472.8
Vero Insurance
1,126.9
913.0
433.6
351.3
Tower Insurance
211.1
171.0
AIG Insurance NZ
165.0
133.7
164.2
133.1
140.6
113.9
ACE Insurance
130.4
105.7
AMI Insurance
112.5
91.2
74.4
60.3
INSURANCE ASSOCIATION
Population
2011
4,290,347
2012
4,327,944
2013
4,365,113
2014
4,401,916
(1) Estimated.
Source: U.S. Central Intelligence Agency.
Year
LEADING LIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
NZD Mn
USD Mn
Sovereign Assurance
590.3
484.1
437.1
358.4
206.8
169.6
Asteron Life
192.7
158.0
OnePath
169.4
138.9
117.6
96.4
95.9
78.6
BNZ Life
84.4
69.2
80.7
66.2
Partners Life
70.1
57.5
GDP
2009
$118.9
2010
116.5
2011
119.2
2012
123.3
2013
136.0
$9,219
1,694
$10,913
0.24%
updates at www.iii.org/international/
72
Nigeria
LEADING NONLIFE INSURANCE COMPANIES, 2011
Gross written premiums
Company
NGN Mn
INSURANCE ASSOCIATION
Nigerian Insurers Association
Web: www.nigeriainsurers.org
USD Mn
Leadway
19,600.4
126.7
10,061.0
65.0
AIICO
8,427.3
54.5
NEM
8,220.5
53.1
2011
155,215,573
Mansard
7,637.0
49.4
2012
170,123,740
6,672.4
43.1
2013
174,507,539
STACO
6,485.5
41.9
2014
177,155,754
Sovereign Trust
6,407.7
41.4
Royal Exchange
5,887.4
38.1
Zenith General
5,648.8
36.5
(1) Estimated.
Source: U.S. Central Intelligence Agency.
Year
Gross written
premiums
Company
AIICO
NGN Mn
USD Mn
10,017.4
64.7
Niger Insurance
4,760.6
30.8
Mutual Benefit
4,602.2
29.7
Leadway
4,485.4
29.0
3,927.6
25.4
Capital Express
3,357.8
21.7
Mansard
2,367.7
15.3
CrystaLife
2,289.6
14.8
2,157.3
13.9
African Alliance
1,827.9
11.8
Population
GDP
2009
$328.1
2010
353.2
2011
369.8
2012
414.5
2013
478.5
$1,406
Life premiums
457
Total premiums
$1,863
0.04%
updates at www.iii.org/international/
73
Norway
LEADING NONLIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
If Skadeforsikring
NOK Mn
USD Mn
INSURANCE ASSOCIATION
Norweigan Insurance Association
Finansnaeringens Hovedorganisasjon
Web: www.fnh.no
12,256.3
2,086.2
Tryg
7,369.1
1,254.3
SpareBank 1 Forsikring
5,160.0
878.3
Year
DNB Forsikring
2,331.4
396.8
2011
4,691,849
Eika Forsikring
2,115.5
360.1
2012
4,707,270
Codan
1,445.3
246.0
2013
4,722,701
Protector Forsikring
1,250.8
212.9
2014
5,147,792
Frende Skadeforsikring
1,101.4
187.5
891.7
151.8
12,256.3
2,086.2
Storebrand
If Skadeforsikring
(1) Estimated.
Source: U.S. Central Intelligence Agency.
Year
NOK Mn
USD Mn
KLP
24,931.2
4,243.6
DNB Livsforsikring
19,708.7
3,354.7
Storebrand Livsforsikring
15,559.4
2,648.4
Nordea Liv
7,358.1
1,252.4
Oslo Pensjonsforsikring
3,683.5
627.0
SpareBank 1
3,619.0
616.0
Gjensidige Pensjon
1,599.1
272.2
Danica Pensjonsforsikring
1,490.6
253.7
Gjensidige Forsikring
1,419.0
241.5
557.9
95.0
Tryg Fors
Population
GDP
2009
$267.0
2010
276.5
2011
276.4
2012
264.5
2013
282.2
$10,238
13,909
$24,147
0.52%
updates at www.iii.org/international/
74
Oman
LEADING NONLIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
OMR Mn
INSURANCE ASSOCIATION
Capital Markets Authority
Web: omancma.org
USD Mn
Dhofar Insurance
Company
62.4
162.2
56.0
145.5
40.3
104.8
Al Ahlia Insurance
Company
2011
3,027,959
34.4
89.5
2012
3,090,150
29.5
76.5
2013
3,154,134
2014
3,219,775
AXA Insurance
20.9
54.3
18.8
48.8
Al MaDina Insurance
17.7
46.0
Falcon Insurance
13.1
33.9
Vision Insurance
12.7
33.0
Population
(1) Estimated.
Source: U.S. Central Intelligence Agency.
Year
LEADING LIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
OMR Mn
62.4
USD Mn
162.2
56.0
145.5
40.3
104.8
34.4
89.5
29.5
76.5
AXA Insurance
20.9
54.3
18.8
48.8
Al MaDina Insurance
17.7
46.0
Falcon Insurance
13.1
33.9
Vision Insurance
12.7
33.0
GDP
2009
$67.5
2010
69.4
2011
76.5
2012
80.9
2013
94.9
$859
Life premiums
88
Total premiums
Percent of total world
premiums
$947
0.02%
updates at www.iii.org/international/
75
Pakistan
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
EFU General
PKR Mn
INSURANCE ASSOCIATION
Insurance Association of Pakistan
Web: www.iap.net.pk
USD Mn
12,360.0
132.3
Adamjee Insurance
8,188.0
87.7
New Jubilee
6,007.9
64.3
Year
IGI
1,846.9
19.8
2011
187,342,721
1,500.3
16.1
2012
190,291,129
United Insurance of
Pakistan
2013
193,238,868
1,422.9
15.2
2014
196,174,380
Askari General
1,413.6
15.1
New Hampshire
1,399.6
15.0
Premier Insurance of
Pakistan
1,069.0
11.5
Alfalah
1,060.2
11.4
(1) Estimated.
Source: U.S. Central Intelligence Agency.
Year
PKR Mn
USD Mn
53,913.0
577.3
Jubilee Life
12,080.2
129.3
EFU Life
11,873.8
127.1
ALICO
4,170.4
44.7
Adamjee Life
2,297.2
24.6
669.9
7.2
Population
GDP
2009
$454.2
2010
448.1
2011
451.2
2012
488.0
2013
574.1
Direct premiums
written
Nonlife premiums (1)
$619
Life premiums
1,048
Total premiums
$1,667
0.04%
updates at www.iii.org/international/
76
Panama
LEADING NONLIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
USD Mn
ASSA
130.2
Internacional de Seguros
120.7
MAPFRE
87.3
Assicurazioni Generali
60.5
Aseguradora Ancon
55.8
Nacional de Seguros de
Panama y Centroamerica
40.0
Suramericana
35.8
31.1
Banesco Seguros
29.9
Seguros Banistmo
28.0
INSURANCE ASSOCIATION
Panamanian Insurance Association
Asociacion Panamena de Aseguradores
Web: www.bnamericas.com
3,460,462
2012
3,510,045
2013
3,559,408
2014
3,608,431
(1) Estimated.
Source: U.S. Central Intelligence Agency.
Year
USD Mn
83.6
Internacional de Seguros
82.5
MAPFRE
77.8
ASSA
77.1
Assicurazioni Generali
46.2
Seguros Banistmo
25.2
21.3
Aseguradora Ancon
14.6
Suramericana
14.2
Empresa General de
Seguros
12.9
Population
GDP
2009
$39.3
2010
40.3
2011
44.8
2012
48.8
2013
61.5
$965
Life premiums
280
Total premiums
$1,244
0.03%
updates at www.iii.org/international/
77
Peru
LEADING NONLIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
PEN Mn
INSURANCE ASSOCIATION
Asociacion Peruana de Empresas de Seguros
Web: www.apeseg.org.pe
USD Mn
Rimac
2,087.5
773.2
Pacifico Seguros
Generales
1,257.4
465.7
MAPFRE Peru
751.5
278.3
La Positiva
603.0
223.3
El Pacifico Vida
118.0
43.7
101.5
37.6
ACE
92.9
34.4
Interseguro
65.0
24.1
Cardif
54.7
20.3
Secrex
27.1
10.0
29,248,943
2012
29,549,517
2013
29,849,303
2014
30,147,935
(1) Estimated.
Source: U.S. Central Intelligence Agency.
Year
Company
El Pacifico Vida
Population
GDP
2009
$238.9
2010
253.4
PEN Mn
2011
277.2
2012
299.7
2013
344.0
USD Mn
1,025.7
379.9
Rimac
902.6
334.3
Seguros Sura
540.2
200.1
Interseguro
499.4
185.0
La Positiva Vida
400.6
148.4
189.6
70.2
Protecta
128.8
47.7
Cardif
98.2
36.4
ACE
47.5
17.6
Rigel
24.8
9.2
$1,806
1,548
Total premiums
$3,354
0.07%
updates at www.iii.org/international/
78
Philippines
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
PHP Mn
INSURANCE ASSOCIATION
Philippine Insurers and Reinsurers Association
Web: www.pirainc.org
USD Mn
Malayan Insurance
6,777.8
160.5
Prudential Guarantee
5,029.6
119.1
BPI/MS
4,632.4
109.7
Year
Pioneer Insurance
4,399.0
104.2
2011
101,833,938
Chartis
2,995.4
70.9
2012
103,775,002
Charter Ping AN
2,893.7
68.5
2013
105,720,644
Federal Phoenix
2,553.4
60.5
2014
107,668,231
UCPB General
2,395.6
56.7
Standard Insurance
2,172.4
51.4
MAPFRE Insular
1,914.8
45.3
(1) Estimated.
Source: U.S. Central Intelligence Agency.
Year
PHP Mn
Population
USD Mn
GDP
2009
$327.2
2010
324.9
2011
353.2
Sun Life
20,059.1
475.0
2012
393.4
Pru Life
15,594.5
369.3
2013
454.3
Philam Life
15,291.0
362.1
Philippine AXA
12,276.9
290.7
Ayala Life-BPI-Philam
11,466.8
271.5
Insular Life
9,196.4
217.8
Manulife
7,484.9
177.3
Grepalife Financial
5,822.7
137.9
4,512.5
106.9
PNB Life
3,932.8
93.1
$1,233
4,060
Total premiums
$5,293
0.11%
updates at www.iii.org/international/
79
Poland
LEADING NONLIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
PLN Mn
USD Mn
INSURANCE ASSOCIATION
Polska Izba Ubezpieczen
Polish Chamber of Insurance
Web: www.piu.org.pl
PZU
8,274.2
2,618.4
ERGO Hestia
3,417.6
1,081.5
WARTA
3,001.4
949.8
Year
Allianz Polska
1,797.2
568.7
2011
38,441,588
UNIQA
1,117.8
353.7
2012
38,415,284
InterRisk
1,081.4
342.2
2013
38,383,809
Compensa
1,043.2
330.1
2014
38,346,279
Generali
970.9
307.3
Europa
712.0
225.3
Moje Towarzystwo
Ubezpieczen
691.2
218.7
(1) Estimated.
Source: U.S. Central Intelligence Agency
Year
LEADING LIFE INSURANCE COMPANIES, 2013
Gross written
premiums
Company
PLN Mn
USD Mn
PZU Zycie
8,843.0
2,798.4
Open Life
2,633.7
833.4
TUnZ Warta
2,223.5
703.6
ING TUnZ
2,036.2
644.4
Amplico AIG
1,987.2
628.9
Aviva
1,864.3
590.0
TUnZ EUROPA
1,792.3
567.2
1,681.3
532.1
Nordea Polska
1,255.9
397.4
AXA Zycie
1,192.3
377.3
GDP
2009
$684.5
2010
686.2
2011
725.2
2012
765.6
2013
814.0
$9,729
8,355
$18,084
0.39%
updates at www.iii.org/international/
80
Portugal
EUR Mn
USD Mn
Fidelidade
961.2
1,276.2
INSURANCE ASSOCIATION
Portuguese Insurance Companies Association
Associacao Portuguesa de Seguradores
Web: www.apseguradores.pt
POPULATION, 2011-2014 (1)
Tranquilidade
318.8
423.3
Allianz Portugal
311.4
413.4
290.6
385.9
2011
10,760,305
Acoreana
267.0
354.6
2012
10,781,459
Zurich Insurance
245.5
326.0
2013
10,799,270
Liberty Seguros
241.1
320.2
2014
10,813,834
Ocidental
228.7
303.6
Lusitania Seguros
169.1
224.5
Generali Seguros
130.8
173.7
Year
Population
(1) Estimated.
Source: U.S. Central Intelligence Agency.
Year
LEADING LIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
Fidelidade
EUR Mn
USD Mn
2,517.4
3,342.4
BES-Vida
1,996.7
2,651.1
Ocidental Vida
1,486.0
1,973.0
BPI Vida
826.3
1,097.1
545.1
723.8
CA Vida
384.0
509.8
Allianz Portugal
232.2
308.3
Eurovida
182.2
241.9
155.1
205.9
Acoreana
139.8
GDP
2009
$245.0
2010
232.2
2011
247.0
2012
NA
2013
243.3
185.6
$5,118
Life premiums
14,087
Total premiums
$19,205
0.41%
updates at www.iii.org/international/
81
Qatar
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
Qatar Insurance
QAR Mn
USD Mn
Year
1,765.4
485.0
Qatar General
473.2
130.0
Doha Insurance
425.9
117.0
Al Khaleej
258.4
71.0
Qatar Islamic
160.2
44.0
Population
2011
848,016
2012
1,951,591
2013
2,042,444
2014
2,123,160
(1) Estimated.
Source: U.S. Central Intelligence Agency.
QAR Mn
Year
USD Mn
789.9
217.0
Qatar Islamic
47.3
13.0
Doha Insurance
43.7
12.0
Qatar General
29.1
8.0
Al Khaleej
14.6
4.0
GDP
2009
$83.3
2010
NA
2011
122.2
2012
181.7
2013
198.7
$1,407
64
Total premiums
$1,471
0.03%
updates at www.iii.org/international/
82
Romania
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
RON Mn
USD Mn
Astra
991.6
325.3
Allianz-Tiriac Insurance
812.1
266.4
Omniasig Vienna
Insurance Group
761.6
249.8
Groupama Insurance
651.5
213.7
546.1
179.1
441.0
144.7
Generali Insurance
418.1
137.2
Uniqa Insurnace
383.4
125.8
Euroins Romania
292.3
95.9
Carpatica ASIG
199.9
65.6
INSURANCE ASSOCIATION
National Union of Insurance and Reinsurance
Companies of Romania - UNSAR
Web: unsar.ro
POPULATION, 2011-2014 (1)
Year
2011
21,904,551
2012
21,848,504
2013
21,790,479
2014
21,729,871
(1) Estimated.
Source: U.S. Central Intelligence Agency.
RON Mn
USD Mn
Population
GDP
2009
$278.4
2010
256.3
2011
253.3
2012
263.9
2013
280.7
544.5
157.0
425.2
122.6
197.9
57.1
Allianz-Tiriac Insurance
93.5
27.0
ASIROM Vienna
Insurance Group
84.1
24.2
Generali Insurance
83.6
24.1
Metropolitan
65.9
19.0
62.0
17.9
Life premiums
Grawe Insurance
Romania
53.5
15.4
Total premiums
$2,482
Groupama Insurance
46.5
13.4
0.05%
updates at www.iii.org/international/
83
Russia
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
RUB Mn
INSURANCE ASSOCIATION
All Russia Insurance Association
Web: www.ins-union.ru
USD Mn
Rosgosstrakh
97,413.8
3,158.7
Sogaz
75,994.4
2,464.2
Ingosstrakh
67,806.3
2,198.7
Reso Garantiya
51,785.1
1,679.2
AlfaStrakhovanie
34,159.5
1,107.6
VSK
33,579.3
1,088.8
Soglasie
33,303.7
1,079.9
Allianz
25,027.0
811.5
VTB Insurance
22,786.6
738.9
19,953.4
647.0
Population
2011
138,739,892
2012
138,082,178
2013
142,500,482
2014
142,470,272
(1) Estimated.
Source: U.S. Central Intelligence Agency.
Year
LEADING LIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
RUB Mn
USD Mn
Renessans Zhizn
7,230.7
234.5
Rosgosstrakh-Zhizn
6,700.4
217.3
MetLife Alico
6,291.5
204.0
2009
$2,225.0
2010
2,117.0
2011
2,229.0
2012
NA
2013
2,553.0
Alfastrakhovanie-Zhizn
6,024.5
195.4
Russian Standard
Insurance
5,907.8
191.6
SK Sogaz-Zhizn
3,504.3
113.6
3,442.0
111.6
Societe Generale
Strakhovanie Zhizni
3,218.8
104.4
CiV Life
2,278.8
73.9
Raiffeisen Life
1,754.8
56.9
Life premiums
GDP
Total premiums
Percent of total world
premiums
$25,755
2,666
$28,421
0.61%
updates at www.iii.org/international/
84
Saudi Arabia
No data available for leading writers.
POPULATION, 2011-2014 (1)
Year
Population
2011
26,131,703
2012
26,534,504
2013
26,939,583
2014
27,345,986
(1) Estimated.
Source: U.S. Central Intelligence Agency.
GDP
$600.4
2010
581.3
2011
622.5
2012
676.7
2013
927.8
$6,105
Life premiums
256
Total premiums
$6,360
0.14%
updates at www.iii.org/international/
85
Serbia
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
Dunav
RSD Mn
INSURANCE ASSOCIATION
Assocation of Serbian Insurers
Web: uos.rs/o-nama/
USD Mn
16,776.8
190.7
Delta Generali
9,198.7
104.6
7,628.8
86.7
Year
UNIQA Non-Life
3,483.9
39.6
2011
7,310,555
Wiener Staedtische
2,911.0
33.1
2012
7,276,604
Takovo
2,240.0
25.5
2013
7,243,007
Triglav
1,746.6
19.9
2014
7,209,764
AMS
1,524.3
17.3
Milenijum
1,366.2
15.5
Sava
1,203.3
13.7
(1) Estimated.
Source: U.S. Central Intelligence Agency.
Year
RSD Mn
Population
USD Mn
GDP
2009
$83.1
2010
77.0
2011
80.5
Delta Generali
3,090.4
35.1
2012
79.1
Wiener Staedtische
2,749.8
31.3
2013
80.5
GRAWE
2,162.1
Dunav
24.6
1,096.5
12.5
UNIQA Life
991.0
11.3
Merkur
604.6
6.9
584.8
6.7
MetLife
133.0
1.5
AXA Life
115.8
1.3
Societe Generale
101.8
1.2
$601
Life premiums
141
Total premiums
Percent of total world
premiums
$742
0.02%
updates at www.iii.org/international/
86
Singapore
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
SGN Mn
INSURANCE ASSOCIATION
General Insurance Association of Singapore
Web: www.gia.org.sg
USD Mn
AIG Asia
467.1
373.7
AXA Singapore
358.6
287.0
NTUC Income
309.7
247.8
MSIG
306.0
244.8
2011
4,740,737
First Capital
294.9
236.0
2012
5,353,494
Liberty Insurance
143.7
115.0
2013
5,460,302
QBE
135.3
108.3
2014
5,567,301
134.9
108.0
ACE Insurance
119.3
95.5
India International
105.2
84.2
(1) Estimated.
Source: U.S. Central Intelligence Agency.
Year
SGD Mn
USD Mn
AIA Singapore
3,536.4
2,829.9
Prudential
3,229.8
2,584.5
NTUC Income
3,075.0
2,460.6
3,064.9
2,452.6
Aviva Ltd
992.4
794.1
Manulife
766.5
613.3
HSBC Insurance
676.2
541.1
OAC
638.5
511.0
593.6
475.0
274.9
220.0
Population
GDP
2009
$240.0
2010
235.7
2011
292.4
2012
314.5
2013
339.0
$2,870
Life premiums
15,092
Total premiums
Percent of total world
premiums
$17,962
0.39%
updates at www.iii.org/international/
87
Slovakia
LEADING NONLIFE INSURANCE COMPANIES, 2011
EUR Mn
INSURANCE ASSOCIATION
USD Mn
Allianz Slovenska
349.5
485.9
Kooperativa
253.1
351.9
Generali
106.7
148.3
Year
UNIQA
70.1
97.5
2011
5,477,038
Komunalna
55.1
76.5
2012
5,483,088
Union
32.2
44.7
2013
5,488,339
Wustenrot
25.7
35.7
2014
5,443,583
CSOB
24.2
33.7
AXA Insurance
12.9
17.9
Cardif Slovakia
12.5
17.4
(1) Estimated.
Source: U.S. Central Intelligence Agency.
Year
EUR Mn
USD Mn
Allianz Slovenska
248.7
345.8
KOOPERATIVA
Poistovna
233.2
324.1
MetLife Amslico
118.7
165.0
KOMUNALNA Poistovna
104.0
144.6
Generali
83.6
116.2
ING
80.2
111.4
AXA Life
50.6
70.3
CSOB
47.8
66.5
Poistovna Slovenskej
Sporitelni
44.3
61.5
Wustenrot
30.3
42.1
Population
GDP
2009
$123.1
2010
115.3
2011
121.3
2012
126.9
2013
133.4
$1,398
1,343
Total premiums
$2,741
0.06%
updates at www.iii.org/international/
88
Slovenia
LEADING NONLIFE INSURANCE COMPANIES, 2011
Gross written premiums
Company
EUR Mn
USD Mn
INSURANCE ASSOCIATION
Slovenian Insurance Association
Slovensko Zavarovalno Zdruzenje
Web: www.zav-zdruzenje.si
Triglav
424.6
563.7
VZAJEMNA
267.0
354.5
Adriatic Slovenica
249.3
331.0
Maribor
176.5
234.3
2011
2,000,092
Triglav Zdravstvena
104.1
138.2
2012
1,996,617
Tilia
76.9
102.1
2013
1,992,690
Generali
62.5
82.9
2014
1,988,292
SID-PKZ
19.4
25.8
GRAWE
13.4
17.8
8.6
11.4
Wiener Stadtische
(1) Estimated.
Source: U.S. Central Intelligence Agency.
Year
EUR Mn
USD Mn
Triglav
179.2
237.9
Modra
82.8
109.9
Maribor
75.5
100.3
Adriatic Slovenica
56.8
75.5
NLB Vita
42.6
56.6
Merkur
39.0
51.7
Generali
22.7
30.2
GRAWE
19.2
25.4
Wiener Stadtische
15.9
21.1
9.3
12.3
Tilia
Population
GDP
2009
$61.8
2010
56.5
2011
56.8
2012
58.6
2013
56.5
$1,892
Life premiums
801
Total premiums
$2,693
0.06%
updates at www.iii.org/international/
89
South Africa
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
Santam
ZAR Mn
INSURANCE ASSOCIATION
South African Insurance Association
Web: www.sainsurance.co.za
USD Mn
16,527.1
2,013.1
7,537.8
918.1
Hollard
5,566.7
678.0
Guardrisk
5,498.1
669.7
2011
49,004,031
OUTsurance
5,340.7
650.5
2012
48,810,427
ABSA
3,427.0
417.4
2013
48,601,098
Zurich
3,403.0
414.5
2014
48,375,645
3,152.7
384.0
Allianz Global
2,469.7
300.8
Centriq
2,208.4
269.0
(1) Estimated.
Source: U.S. Central Intelligence Agency.
Year
ZAR Mn
Population
USD Mn
GDP
2009
$506.1
2010
488.6
2011
527.5
Old Mutual
53,082.7
6,465.6
2012
554.6
Sanlam
34,403.6
4,190.5
2013
595.7
Momentum Group
33,896.0
4,128.6
Investec
33,131.2
4,035.5
Liberty Group
25,604.6
3,118.7
Coronation Life
23,679.5
2,884.2
Investment Solutions
23,555.9
2,869.2
10,245.8
1,248.0
Metropolitan Life
9,882.0
1,203.7
Discovery Life
9,145.0
1,113.9
$9,565
Life premiums
44,556
Total premiums
Percent of total world
premiums
$54,121
1.17%
updates at www.iii.org/international/
90
South Korea
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
KRW Mn
INSURANCE ASSOCIATION
Korea Non-life Insurance Association
Web: www.knia.or.kr
USD Mn
Samsung
17,379,320.4
15,428.1
Hyundai
10,621,581.5
9,429.1
Dongbu
9,992,870.4
8,871.0
Year
LIG
9,498,520.6
8,432.1
2011
48,754,657
Meritz
4,965,369.3
4,407.9
2012
48,860,500
Hanwha
3,993,436.2
3,545.1
2013
48,955,203
Heungkuk
2,957,797.0
2,625.7
2014
49,039,986
Lotte
2,314,516.1
2,054.7
Seoul Guarantee
1,346,811.7
1,195.6
636,079.9
564.7
(1) Estimated.
Source: U.S. Central Intelligence Agency.
KRW Mn
USD Mn
Samsung
30,755,474.2
27,302.5
Hanwha
14,509,588.5
12,880.6
Kyobo
12,744,123.2
11,313.3
Nonghyup
10,925,057.2
9,698.5
Shinhan
5,149,141.7
4,571.0
Mirae Asset
5,052,457.9
4,485.2
Tong Yang
4,598,669.8
4,082.4
Heungkuk
4,310,808.5
3,826.8
ING
4,123,679.2
3,660.7
KDB
3,221,236.4
2,859.6
Population
GDP
2009
$1,278.0
2010
1,343.0
2011
1,467.0
2012
1,554.0
2013
1,666.0
$54,223
91,204
$145,427
3.13%
updates at www.iii.org/international/
91
Spain
LEADING NONLIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
EUR Mn
USD Mn
INSURANCE ASSOCIATION
Union Espanola de Entidades Aseguradoras y
Reaseguradoras
Web: www.unespa.es
MAPFRE Familiar
3,466.9
4,541.6
Adeslas
2,566.1
3,361.5
Allianz
1,892.0
2,478.5
Year
1,804.4
2,363.8
2011
46,754,784
Generali
1,232.3
1,614.4
2012
47,042,984
Sanitas
1,178.4
1,543.7
2013
47,370,542
Mutua Madrilena
1,028.1
1,346.9
2014
47,737,941
Santalucia
1,025.9
1,343.9
Zurich
988.8
1,295.3
ASISA
964.9
1,264.0
(1) Estimated.
Source: U.S. Central Intelligence Agency.
Year
EUR Mn
USD Mn
VidaCaixa
5,034.7
6,998.9
Santander Seguros
2,796.9
3,888.1
Caser
1,711.4
2,379.1
BBVA Seguros
1,622.1
2,255.0
Ibercaja Vida
1,500.5
2,085.9
Bansabadell Vida
1,345.6
1,870.5
MAPFRE Vida
1,283.3
1,783.9
Generali
889.7
1,236.8
Catalunyacaixa Vida
850.1
1,181.8
Zurich Vida
714.3
993.0
Population
GDP
2009
$1,378.0
2010
1,368.0
2011
1,376.0
2012
1,411.0
2013
1,389.0
$38,647
33,862
$72,510
1.56%
updates at www.iii.org/international/
92
Sri Lanka
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
LKR Mn
INSURANCE ASSOCIATION
Insurance Association of Sri Lanka
Web: www.iasl.lk
USD Mn
Sri Lanka
12,359.1
96.9
Ceylinco
10,434.9
81.8
Janashakthi
5,773.4
45.3
Year
Union
4,436.1
34.8
2011
21,283,913
People's Insurance
2,795.5
21.9
2012
21,481,334
AIA
2,143.3
16.8
2013
21,675,648
HNB Assurance
1,635.3
12.8
2014
21,866,445
Continental
1,545.2
12.1
Allianz Insurance
Company Lanka Ltd.
1,397.1
11.0
LOLC
1,295.1
10.2
(1) Estimated.
Source: U.S. Central Intelligence Agency.
Year
LKR Mn
USD Mn
Ceylinco
10,829.5
84.9
Sri Lanka
7,369.0
57.8
AIA
6,495.9
50.9
Union
5,106.3
40.0
Asian Alliance
2,034.1
15.9
Janashakthi
2,025.1
15.9
HNB
1,500.0
11.8
Allianz Life
532.1
4.2
Amana Takaful
359.9
2.8
Co-operative
312.1
2.5
Population
GDP
2009
$93.3
2010
96.5
2011
104.7
2012
115.1
2013
134.5
$442
Life premiums
333
Total premiums
Percent of total world
premiums
$775
0.02%
updates at www.iii.org/international/
93
Sweden
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
SEK Mn
INSURANCE ASSOCIATION
Swedish Insurance Federation
Web: www.svenskforsakring.se
USD Mn
Lansforsakringar
18,894.0
2,788.8
If Skadeforsakring
11,859.0
1,750.4
Trygg-Hansa
10,378.0
1,531.8
Folksam
9,895.0
1,460.5
2011
9,088,728
Moderna
2,296.0
338.9
2012
9,103,788
Dina-Gruppen
1,728.0
255.1
2013
9,119,423
2014
9,723,809
Sakforsakring, Captive
Insurers
1,634.0
241.2
Zurich
1,053.0
155.4
Landstingen
900.0
132.8
Solid
775.0
114.4
(1) Estimated.
Source: U.S. Central Intelligence Agency.
Year
SEK Mn
USD Mn
Alecta
24,977.8
3,686.8
AMF Pension
19,601.9
2,893.3
Skandia Liv
13,847.9
2,044.0
Skandia
12,771.1
1,885.0
Swedbank Forsakring
12,563.5
1,854.4
12,126.6
1,789.9
Lansforsakringar Fondliv
8,713.9
1,286.2
KPA Pensionsforsakring
8,140.8
1,201.6
Folksam Liv
6,918.9
1,021.2
Handelsbanken Liv
6,598.5
974.0
Population
GDP
2009
$358.4
2010
333.2
2011
354.0
2012
379.4
2013
393.8
$10,614
30,865
$41,478
0.89%
updates at www.iii.org/international/
94
Switzerland
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
EUR Mn
USD Mn
AXA Winterthur
3,221.2
3,435.2
Zrich VersicherungsGesellschaft
2,610.0
2,783.4
Schweizerische Mobiliar
Versicherungsgesellschaft
2,359.5
2,516.3
1,744.8
1,860.7
Helsana Zusatzversicherungen
AG
1,467.5
1,565.0
Basler Versicherung AG
1,297.9
1,384.2
Swica Krankenversicherung
1,158.8
1,235.8
CSS Versicherung AG
1,104.8
1,178.2
Visana Versicherungen AG
1,000.4
1,066.9
796.8
849.8
INSURANCE ASSOCIATION
Swiss Insurance Association
Schweizerischer Versicherungsverband
Web: www.svv.ch
POPULATION, 2011-2014 (1)
Year
2011
7,639,961
2012
7,655,628
2013
7,996,026
2014
8,061,516
(1) Estimated.
Source: U.S. Central Intelligence Agency.
Year
CHF Mn
USD Mn
AXA Leben AG
9,000.6
9,598.8
Swiss Life SA
7,826.5
8,346.6
Helvetia Schweizerische
Lebensversicherungsgesellschaft
3,182.5
3,393.9
Basler Lebens-VersicherungsGesellschaft
2,568.0
2,738.6
Allianz Suisse
Lebensversicherungs-Gesellschaft
AG
2,295.7
2,448.3
Zurich LebensversicherungsGesellschaft
2,075.2
2,213.1
Generali Personenversicherungen
AG
1,251.9
1,335.1
Schweizerische Mobiliar
Lebensversicherungs-Gesellschaft
850.7
907.3
PAX, Schweizerische
Lebensversicherungs-Gesellschaft
691.9
737.9
649.1
692.2
Population
GDP
2009
$309.9
2010
316.1
2011
326.5
2012
340.5
2013
370.3
$28,370
34,227
$62,597
1.35%
updates at www.iii.org/international/
95
Taiwan
LEADING NONLIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
TWD Mn
USD Mn
INSURANCE ASSOCIATION
The Non-Life Insurance Association of the Republic of
China
Web: www.nlia.org.tw
Fubon
28,599.6
960.7
Cathay Century
17,077.3
573.6
Shin Kong
13,231.8
444.5
Mingtai
10,531.7
353.8
2011
23,071,779
9,602.2
322.5
2012
23,113,901
South China
7,398.4
248.5
2013
23,299,716
Union
7,368.8
247.5
2014
23,359,928
Taian
6,999.1
235.1
Chung Kuo
6,979.8
234.5
First
6,063.8
203.7
(1) Estimated.
Source: U.S. Central Intelligence Agency.
Year
TWD Mn
Population
USD Mn
Cathay Life
561,353.1
18,951.8
Fubon Life
420,730.8
14,204.3
370,905.9
12,522.1
175,538.4
5,926.4
Chunghwa Post
157,982.2
5,333.6
China Life
125,319.3
4,230.9
110,890.4
3,743.8
Taiwan Life
69,175.0
2,335.4
Bank Taiwan
56,697.8
1,914.2
51,271.3
1,731.0
GDP
2009
$738.8
2010
693.3
2011
823.6
2012
885.3
2013
926.4
$15,964
75,013
$90,977
1.96%
updates at www.iii.org/international/
96
Thailand
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
THB Mn
INSURANCE ASSOCIATION
General Insurance Association
Web: www.thaigia.com
USD Mn
Viriyah
27,981.4
917.7
Dhipaya
20,797.8
682.1
Bangkok Insurance
12,432.9
407.8
Year
7,958.2
261.0
2011
66,720,153
7,890.5
258.8
2012
67,091,089
7,190.8
235.8
2013
67,448,120
2014
67,741,401
7,157.9
234.8
Thanachart
5,689.2
186.6
LMG
5,280.1
173.2
Mitsui Sumitomo
4,785.5
157.
(1) Estimated.
Source: U.S. Central Intelligence Agency.
Year
THB Mn
USD Mn
102,206.2
3,288.2
48,867.8
1,572.2
48,844.1
1,571.4
41,897.9
1,347.9
Bangkok Life
34,640.2
1,114.4
28,923.7
930.5
Ayudhya Allianz CP
22,512.8
724.3
Ocean Life
14,473.2
465.6
ING Life
11,455.3
368.5
Thanachart Life
10,108.9
325.2
Population
GDP
2009
$570.1
2010
539.7
2011
580.3
2012
609.8
2013
674.3
$6,663
Life premiums
14,798
Total premiums
Percent of total world
premiums
$21,461
0.46%
updates at www.iii.org/international/
97
TTD Mn
USD Mn
INSURANCE ASSOCIATION
The Association of Trinidad and Tobago Insurance
Companies
Web: www.attic.org.tt
Guardian Life
317.4
49.4
Guardian General
253.6
39.4
Sagicor
195.7
30.4
COLFIRE
160.5
25.0
TATIL
154.7
24.1
2011
1,227,505
1,226,383
Population
Maritime
120.3
18.7
2012
Beacon
118.5
18.4
2013
1,225,225
70.2
10.9
2014
1,223,916
NAGICO
New India
54.3
8.5
Presidential
44.5
6.9
(1) Estimated.
Source: U.S. Central Intelligence Agency.
Year
TTD Mn
USD Mn
2009
$24.2
2010
28.7
2011
27.1
1,125.6
175.1
2012
26.8
450.9
70.1
2013
27.1
259.5
40.4
PALIG
243.8
37.9
Maritime Life
164.2
25.5
CUNA Caribbean
128.1
19.9
TATIL Life
119.2
18.5
22.0
3.4
Beacon
GDP
Direct premiums
written
Nonlife premiums (1)
$572
Life premiums
349
Total premiums
Percent of total world
premiums
$921
0.02%
updates at www.iii.org/international/
98
Tunisia
LEADING NONLIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
TND Mn
INSURANCE ASSOCIATION
Federation Tunisienne des Societes d'Assurance
Web: www.ftusanet.org
USD Mn
STAR
260.0
166.5
COMAR
143.8
92.1
GAT
130.0
83.2
AMI
119.0
76.2
2011
10,629,186
Astree
111.8
71.6
2012
10,732,900
Maghrebia
111.0
71.1
2013
10,835,873
CARTE
82.8
53.0
2014
10,937,521
MAE
77.2
49.4
Lloyd
66.8
42.7
BIAT
65.7
42.0
(1) Estimated.
Source: U.S. Central Intelligence Agency.
Year
TND Mn
Population
USD Mn
GDP
2009
$83.4
2010
83.6
2011
100.3
Maghrebia Vie
34.0
21.8
2012
101.7
CARTE Vie
28.0
17.9
2013
108.4
Hayett
27.2
17.4
Astree
20.5
13.2
Salim
20.3
13.0
BIAT
19.7
12.6
STAR
9.7
6.2
AMI
7.9
5.1
GAT Vie
5.9
3.8
Comar
5.7
3.7
$699
Life premiums
131
Total premiums
Percent of total world
premiums
$830
0.02%
updates at www.iii.org/international/
99
Turkey
LEADING NONLIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
TRY Mn
USD Mn
INSURANCE ASSOCIATION
Association of Insurance and Reinsurance Companies
of Turkey
Web: www.tsrsb.org.tr
AXA
3,143.4
1,651.1
Anadolu
2,622.0
1,377.3
Allianz
1,910.3
1,003.4
Aksigorta
1,496.9
786.3
MAPFRE Genel
1,322.3
694.6
2011
78,785,548
79,749,461
Population
Yapi Kredi
1,251.3
657.3
2012
Gunes
1,061.6
557.7
2013
80,694,485
934.4
490.8
2014
81,619,392
Groupama
Ziraat Hayat ve Emeklilik
796.2
418.2
Eureko
778.6
409.0
(1) Estimated.
Source: U.S. Central Intelligence Agency.
Year
TRY Mn
USD Mn
GDP
2009
$930.9
2010
859.8
2011
958.3
AXA
3,143.4
1,651.1
2012
1,053.0
Anadolu
2,622.0
1,377.3
2013
1,167.0
Allianz
1,910.3
1,003.4
Aksigorta
1,496.9
786.3
MAPFRE Genel
1,322.3
694.6
Yapi Kredi
1,251.3
657.3
Gunes
1,061.6
557.7
Groupama
934.4
490.8
796.2
418.2
Eureko
778.6
409.0
$10,699
1,761
$12,460
0.27%
updates at www.iii.org/international/
100
Ukraine
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
UAH Mn
INSURANCE ASSOCIATION
League of Insurance Organisations of Ukraine
Web: uainsur.com
USD Mn
AXA Insurance
786.9
98.5
Aska
678.4
84.9
Uniqa
665.8
83.3
Year
Providna
633.9
79.3
2011
45,134,707
Kremen
607.8
76.1
2012
44,854,065
Oranta
566.1
70.8
2013
44,573,205
Ingo Ukraine
544.0
68.1
2014
44,291,413
Arsenal Insurance
503.1
63.0
Alfa Strakhuvannya
462.5
57.9
450.1
56.3
(1) Estimated.
Source: U.S. Central Intelligence Agency.
Year
UAH Mn
Population
USD Mn
GDP
2009
$359.9
2010
294.3
2011
306.3
Renaissance Life
322.7
40.4
2012
327.4
MetLife Alico
246.5
30.9
2013
337.4
Aska Life
226.5
28.3
UNIQA Life
219.9
27.5
152.4
19.1
TAS Life
137.1
17.2
Fidem Life
108.9
13.6
Delta Life
101.5
12.7
96.8
12.1
30.2
3.8
$3,276
Life premiums
310
Total premiums
$3,586
0.08%
updates at www.iii.org/international/
101
INSURANCE ASSOCIATION
Emirates Insurance Association
Web: www.eia.ae
USD
Mn
AED Mn
Oman Insurance
Company PSC
2,443.0
665.2
2,299.0
626.0
Orient Insurance
Company PJSC and its
subsidiaries
1,400.0
381.2
Year
Emirates Insurance
Company PSC
645.0
175.6
Al Buhaira National
Insurance Company PSC
559.0
152.2
462.0
125.8
National General
Insurance Co (PSC)
449.0
122.3
Al Wathba National
Insurance Company
PJSC
384.0
Al-Sagr National
Insurance Company
(Public Shareholding
Company)
374.0
Dubai Insurance
Company (PSC)
329.0
2011
5,148,664
2012
5,314,317
2013
5,473,972
2014
5,628,805
(1) Estimated.
Source: U.S. Central Intelligence Agency.
104.6
101.8
89.6
Population
GDP
2009
$186.8
2010
200.4
2011
199.8
2012
260.8
2013
269.8
$6,026
1,933
Total premiums
$7,959
0.17%
updates at www.iii.org/international/
102
United Kingdom
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
GBP Mn
INSURANCE ASSOCIATION
Association of British Insurers
Web: www.abi.org.uk
USD Mn
Aviva
4,948.3
7,816.6
Direct Line
3,402.1
5,374.1
AXA
3,179.3
5,022.3
RSA Group
3,070.5
4,850.3
2011
62,698,362
Zurich Insurance
2,472.8
3,906.1
2012
63,047,162
Allianz
1,985.6
3,136.6
2013
63,395,574
Ageas
1,686.8
2,664.5
2014
63,742,977
BUPA
1,681.8
2,656.7
AIG
1,675.2
2,646.2
Liverpool Victoria
1,477.5
2,334.0
(1) Estimated.
Source: U.S. Central Intelligence Agency.
Year
GBP Mn
Population
USD Mn
GDP
2009
$2,281.0
2010
2,165.0
2011
2,189.0
Standard Life
9,677.6
15,287.3
2012
2,250.0
Aviva
9,350.8
14,771.2
2013
2,378.0
Prudential
8,312.9
13,131.6
7,158.7
11,308.4
6,867.3
10,848.1
Friends Life
6,044.4
9,548.2
Aegon NV
5,252.0
8,296.4
4,937.4
7,799.4
Old Mutual
3,336.9
5,271.2
2,997.4
4,734.8
$106,750
222,893
$329,643
7.10%
updates at www.iii.org/international/
103
United States
LEADING PROPERTY/CASUALTY INSURANCE COMPANIES, 2013
Direct premiums written (1)
Company
INSURANCE ASSOCIATION
Insurance Information Institute
Web: www.iii.org
USD Mn
55,994.2
Liberty Mutual
28,906.3
Allstate Corp.
27,583.6
23,169.1
22,842.9
18,284.1
18,079.5
17,802.7
Progressive Corp.
17,562.6
14,562.0
313,232,044
2012
313,847,465
2013
316,668,567
2014
318,892,103
(1) Estimated.
Source: U.S. Central Intelligence Agency.
Year
USD Mn
MetLife Inc.
85,001.7
41,407.4
25,728.1
AEGON
24,499.9
24,274.1
24,223.4
21,698.6
20,228.6
19,263.2
18,909.4
Population
GDP
2009
$14,580.0
2010
14,260.0
2011
14,720.0
2012
15,040.0
2013
16,720.0
$726,397
Life premiums
Total premiums
532,858
$1,259,255
27.13%
updates at www.iii.org/international/
104
Uruguay
LEADING NONLIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
USD
Mn
UYU Mn
11,588.3
565.8
1,567.3
76.5
1,336.8
65.3
MAPFRE Uruguay
Compania de Seguros SA
(Grales)
1,185.0
57.9
Sancor Seguros SA
665.6
32.5
AIG
398.8
19.5
Compania Cooperativa de
Seguros Surco
297.1
14.5
HDI Seguros SA
235.2
11.5
170.2
8.3
Berkley International
Seguros SA (Uruguay)
INSURANCE ASSOCIATION
106.9
Year
2011
3,308,535
2012
3,316,328
2013
3,324,460
2014
3,332,972
(1) Estimated.
Source: U.S. Central Intelligence Agency.
5.2
UYU Mn
USD Mn
2009
NA
$44.1
2011
48.4
2012
52.0
2013
56.3
4,578.3
223.6
1,100.6
53.7
MAPFRE La Uruguaya SA
(Vida)
1,011.7
49.4
Compania Cooperativa de
Seguros Surco
191.8
9.4
Zurich Santander
124.2
6.1
64.5
3.2
28.2
1.4
HDI Seguros SA
1.2
0.1
Porto
0.1
0.0
GDP
2010
Sancor Seguros SA
Population
Total premiums
$1,213
0.03%
updates at www.iii.org/international/
105
Venezuela
LEADING NONLIFE INSURANCE COMPANIES, 2013
Gross written premiums
Company
VEF Mn
USD Mn
INSURANCE ASSOCIATION
Insurance Association
Camara de Aseguradores de Venezuela
Web: www.camaraseg.org
12,466.7
2,061.3
Mercantil
10,377.7
1,715.9
Horizonte
7,736.8
1,279.2
Year
Occidental
6,877.9
1,137.2
2011
27,635,743
MAPFRE La Seguridad
6,440.6
1,064.9
2012
28,047,938
Previsora
4,151.9
686.5
2013
28,459,085
Altamira
3,358.4
555.3
2014
28,868,486
Banesco
2,821.8
466.6
Estar
2,775.4
458.9
Multinacional
2,597.2
429.4
(1) Estimated.
Source: U.S. Central Intelligence Agency.
Year
VEF Mn
USD Mn
12,466.7
2,061.3
Mercantil
10,377.7
1,715.9
Horizonte
7,736.8
1,279.2
Occidental
6,877.9
1,137.2
MAPFRE La Seguridad
6,440.6
1,064.9
Previsora
4,151.9
686.5
Altamira
3,358.4
555.3
Banesco
2,821.8
466.6
Estar
2,775.4
458.9
Multinacional
2,597.2
429.4
Population
GDP
2009
$368.6
2010
355.2
2011
344.2
2012
368.8
2013
407.4
$13,290
Life premiums
Total premiums
Percent of total world
premiums
444
$13,733
0.30%
updates at www.iii.org/international/
106
Vietnam
LEADING NONLIFE INSURANCE COMPANIES, 2012
Gross written premiums
Company
VND Mn
USD Mn
INSURANCE ASSOCIATION
Vietnam Insurance Association
Web: www.avi.org.vn
Bao Viet
5,384,075.0
258.1
PV Insurance
4,658,978.0
223.4
Bao Minh
2,285,563.0
109.6
Year
PJICO
1,971,467.0
94.5
2011
90,549,390
PTI
1,639,692.0
78.6
2012
91,519,289
Samsung Vina
732,505.0
35.1
2013
92,477,857
BIC
670,377.0
32.1
2014
93,421,835
GIC
491,356.0
23.6
MIC
474,232.0
22.7
Cong ty AAA
473,260.0
22.7
(1) Estimated.
Source: U.S. Central Intelligence Agency.
Year
VND Mn
USD Mn
Prudential
6,476,002.0
310.5
4,446,443.0
213.2
Manulife
2,151,372.0
103.1
Dai-ichi Life
1,433,428.0
68.7
AIA
1,271,277.0
61.0
ACE Life
987,612.0
47.4
Hanwha Life
230,667.0
11.1
Cathay Life
112,693.0
5.4
103,753.0
5.0
52,699.0
2.5
Prevoir
Population
GDP
2009
$246.6
2010
258.2
2011
278.1
2012
299.2
2013
358.9
$1,131
Life premiums
984
Total premiums
$2,115
0.05%
updates at www.iii.org/international/
107
updates at www.iii.org/international/
108
updates at www.iii.org/international/
109
Chief Actuary and Director of Research and Information Services James Lynch, FCAS,
MAAA jamesl@iii.org
Senior Editor Neil Liebman neill@iii.org
Research and Production Mary-Anne Firneno mary-annef@iii.org
Information Specialist Maria Sassian marias@iii.org
Manager Publications and Web Production Katja Charlene Lewis charlenel@iii.org
Special Consultant Ruth Gastel, CPCU ruthg@iii.org
Publications Orders Daphne Gerardi daphneg@iii.org
DIGITAL COMMUNICATIONS
updates at www.iii.org/international/
110