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Change in property and casualty penetration worldwide in 2018, by market

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Sources

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Release date

April 2020

Region

Worldwide

Survey time period

2018

Supplementary notes

Insurance penetration refers to the value of gross premiums written as a percentage of the GDP of the respective region.

Citation formats

Change in global property & casualty penetration in 2018, by market

Published by Jenny Yang, Jul 23, 2020
Between 2008 and 2018, property and casualty insurance penetration in North America declined by one percent. The developing APAC market experienced growth amounting to ** percent. P&C insurance penetration in Latin American and Middle East rose as well during that period. Hence, emerging markets were a major source of growth for insurers.
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Topics

Property and casualty insurance in the United StatesMotor insurance in the United StatesMotor insurance in CanadaInsurance industry in the United StatesProperty and casualty insurance in Canada
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