Page 33 - Life Insurance Today April 2018
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Statistics
(In US Dollar) Non-Life 1838.6 150.8 1167.5 1397.1 100.3 146.7 3233.2 1030.5 2449.2 613.2 13.2 928.3 153.9 3.9 147.2 882.4 1312.3 24.5 722.0 101.4 285.3
2016 Life 1558.5 195.5 2227.7 1150.6 22.4 615.8 3700.3 3033.2 1724.9 7065.6 46.5 2803.4 298.3 9.2 189.9 2894.5 2049.6 21.2 3598.7 222.0 353.0
Total 3397.1 346.3 3395.3 2547.7 122.8 762.5 6933.5 4063.6 4174.1 7678.8 59.7 3731.7 452.2 13.1 337.1 3776.8 3361.9 45.6 4320.7 323.4 638.3 Courtesy : Handbook on Indian Insurance Statistics 2016-17
INTERNATIONAL COMPARISON OF INSURANCE DENSITY
Non-Life 1128.0 154.0 1129.0 1381.0 102.0 155.0 3292.0 1067.0 2377.0 616.0 12.0 837.0 157.0 4.0 128.0 894.0 1094.0 25.0 698.0 104.0 276.0
2015 Life 1830.0 178.0 2263.0 1181.0 15.0 688.0 4079.0 3292.0 1719.0 5655.0 43.0 2717.0 316.0 8.0 153.0 2932.0 1940.0 19.0 3397.0 215.0 346.0
Total 2958.0 332.0 3392.0 2563.0 117.0 843.0 7370.0 4359.0 4096.0 6271.0 55.0 3554.0 472.0 12.0 281.0 3825.0 3034.0 43.0 4094.0 319.0 621.0
Non-Life 1354.0 200.0 1350.0 1617.0 161.0 176.0 3542.0 1185.0 2360.0 575.0 11.0 852.0 186.0 4.0 109.0 919.0 1149.0 23.0 701.0 125.0 294.0
2014 Life 2382.0 222.0 2552.0 1437.0 20.0 748.0 4391.0 3638.0 1657.0 5071.0 44.0 2926.0 338.0 7.0 127.0 2840.0 2014.0 17.0 3371.0 198.0 368.0
Total 3736.0 422.0 3902.0 3054.0 181.0 925.0 7934.0 4823.0 4017.0 5647.0 55.0 3778.0 524.0 11.0 235.0 3759.0 3163.0 40.0 4072.0 323.0 662.0
Non-Life 1472.0 197.0 1345.0 1585.0 180.0 181.0 3490.0 1087.0 2296.0 557.0 11.0 861.0 176.0 3.0 91.0 863.0 1079.0 21.0 682.0 96.0 285.0 * Insurance density is measured as ratio of premium (in US Dollars) to total population
2013 Life 2056.0 246.0 2391.0 1392.0 19.0 844.0 4211.0 3474.0 1684.0 4445.0 41.0 3346.0 341.0 6.0 110.0 2388.0 1816.0 16.0 3204.0 214.0 366.0
Total 3528.0 443.0 3736.0 2977.0 199.0 1025.0 7701.0 4561.0 3979.0 5002.0 52.0 4207.0 518.0 9.0 201.0 3251.0 2895.0 36.0 3886.0 310.0 652.0 Source: Swiss Re, Sigma various volumes # data relates to financial year.
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Life Insurance Today April 2018 33