Page 32 - Life Insurance Today April 2018
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Statistics
(In Per cent) Non-Life 3.53 1.76 3.17 3.33 1.13 2.74 4.12 2.58 4.29 1.41 0.77 2.37 1.62 0.26 1.81 1.67 4.72 0.60 3.34 1.70 2.81
2016 Life 2.99 2.28 6.06 2.75 0.25 11.52 4.72 7.58 3.02 16.20 2.72 7.15 3.15 0.63 2.34 5.48 7.37 0.52 16.65 3.72 3.47
Total 6.52 4.04 9.23 6.08 1.38 14.27 8.85 10.16 7.31 17.60 3.49 9.51 4.77 0.89 4.15 7.15 12.08 1.12 19.99 5.42 6.28 Courtesy : Handbook on Indian Insurance Statistics 2016-17
INTERNATIONAL COMPARISON OF INSURANCE PENETRATION
Non-Life 2.20 1.80 3.10 3.40 1.20 2.70 4.10 2.40 4.20 1.50 0.70 2.60 1.70 0.30 1.60 1.70 4.10 0.70 3.20 1.80 2.80
2015 Life 3.50 2.10 6.20 2.90 0.20 12.00 5.10 7.50 3.10 13.30 2.70 8.30 3.40 0.50 2.00 5.60 7.30 0.50 15.70 3.70 3.50
Total 5.70 3.90 9.30 6.20 1.40 14.70 9.20 10.00 7.30 14.80 3.40 10.80 5.10 0.80 3.60 7.30 11.40 1.20 19.00 5.50 6.20
Non-Life 2.20 1.90 3.10 3.40 1.20 2.70 4.10 2.60 4.30 1.40 0.70 2.40 1.70 0.30 1.50 1.60 4.10 0.70 3.30 2.20 2.70
2014 Life 3.80 2.10 5.90 3.10 0.20 11.40 5.10 8.00 3.00 12.70 2.60 8.40 3.10 0.50 1.70 5.00 7.20 0.50 15.60 3.60 3.40
Total 6.00 3.90 9.10 6.50 1.40 14.00 9.20 10.60 7.30 14.20 3.30 10.80 4.80 0.80 3.20 6.70 11.30 1.10 18.90 5.80 6.20
Non-Life 2.10 1.80 3.20 3.60 1.20 2.70 4.40 2.80 4.30 1.50 0.80 2.30 1.70 0.30 1.40 1.60 4.40 0.70 3.10 1.70 2.80
2013 Life 3.00 2.20 5.70 3.10 0.10 12.70 5.30 8.80 3.20 11.70 3.10 8.80 3.20 0.50 1.60 4.40 7.50 0.50 14.50 3.80 3.50 * Insurance penetration is measured as ratio of premium to GDP
Total 5.20 4.00 9.00 6.70 1.30 15.40 9.60 11.50 7.50 13.20 3.90 11.10 4.80 0.70 3.00 5.90 11.90 1.10 17.60 5.50 6.30 Source: Swiss Re, Sigma various volumes # data relates to financial year.
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32 April 2018 Life Insurance Today
