* Ratio between the losses incurred by the insurer (claims paid) and the premiums received from policyholders. It is calculated as the percentage of earned premiums used to pay claims and associated expenses. Therefore, the lower the loss ratio, the higher the company's profitability.
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Loss ratio of insurance companies worldwide 2017-2028
In 2023, global life insurance market premiums reached **** trillion U.S. dollars. **** percent of this total was allocated to paying claims. This percentage is expected to gradually decrease over the next five years, reaching ** percent in 2028. In contrast, the loss ratio in the non-life insurance market is expected to increase by *** percentage points in the same year compared to 2023.
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ÌÇÐÄÆƽâ°æ. (March 30, 2024). Loss ratio of insurance companies worldwide from 2017 to 2028, by type of insurance [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 31, 2026, from /statistics/1642148/insurance-companies-loss-ratio-20172028/
ÌÇÐÄÆƽâ°æ. "Loss ratio of insurance companies worldwide from 2017 to 2028, by type of insurance." Chart. March 30, 2024. ÌÇÐÄÆƽâ°æ. Accessed July 31, 2026. /statistics/1642148/insurance-companies-loss-ratio-20172028/
ÌÇÐÄÆƽâ°æ. (2024). Loss ratio of insurance companies worldwide from 2017 to 2028, by type of insurance. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 31, 2026. /statistics/1642148/insurance-companies-loss-ratio-20172028/
ÌÇÐÄÆƽâ°æ. "Loss Ratio of Insurance Companies Worldwide from 2017 to 2028, by Type of Insurance." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 30 Mar 2024, /statistics/1642148/insurance-companies-loss-ratio-20172028/
ÌÇÐÄÆƽâ°æ, Loss ratio of insurance companies worldwide from 2017 to 2028, by type of insurance ÌÇÐÄÆƽâ°æ, /statistics/1642148/insurance-companies-loss-ratio-20172028/ (last visited July 31, 2026)
Loss ratio of insurance companies worldwide from 2017 to 2028, by type of insurance [Graph], ÌÇÐÄÆƽâ°æ, March 30, 2024. [Online]. Available: /statistics/1642148/insurance-companies-loss-ratio-20172028/
