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Retention ratio of the life insurance market worldwide in 2021, by country

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Source

Release date

November 2023

Region

Worldwide

Survey time period

2021

Special properties

OECD countries only

Supplementary notes

*Latest data is from 2020.
**Latest data is from 2019.
***Latest data is from 2018.
The source did not provide recent information for Estonia or Ireland, thus both countries have been excluded from this statistic.

Release date is the date the database was accessed.

Citation formats

Retention ratio of life insurance market worldwide 2021, by country

Published by ÌÇÐÄÆƽâ°æ Research Department, Oct 9, 2024
Denmark was the the OECD country with the highest reinsurance retention rate for life insurance in 2021, with **** percent. This means that **** percent of life insurance premiums taken on by Danish insurers were kept on their books, rather that being passed to reinsurers. This compares to an OECD average of **** percent, a ratio of **** percent in the United States, and **** percent in the United Kingdom.
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