DOECDGlobal Insurance Market Trends2025
Global Insurance MarketTrends2025>OECd
Thisworkispublished under the responisibilityof the Secretary-Generalofthe OECD. Theopinionsexpressed andargumentsemployedherein donotnecesailyrefledtheofficialviews ofthe MembercountriesoftheOECD,This document, as well as any data and map indluded herein, are without prejudice to the status of or sovereigntyover any teriloy, heimineionofinenationa fomiesand boundanes andto thenamed any ertoy lyorareaThe statistical dat a for lsrael are suplied by and under the responsibliy of the relevant Israeli authorties. The use ofsuchdataby the OECD)iswithoutpreiudice tothe statusoftolan Heights, East Jerusalem and Israeli settlementsinthe WestBank underthe emsofhtermaionallawOECD(2025),GlobalInsuranceMarketTends2025,0ECDPubishinParis, https:/doi.or/10.1787/0d11ecf4-enISBN978-92-64-96166-1(printSBN978-92-64-80324-4(PDISBN978-92-84-89757-1(HTML)GlobalIinsuranceMarketTrendsISSN3006-8320(print)ISSN3006-8339(online)Photocredits:CoverCValkanISIK/Gety lmagesCorigenda to OECD pubilications may be found at:thttps/w. oecdf.org/en/publications/support/carigenda.htmle CreativeCommonsAttribution4.0Internalionallicence.EByusingthis wark,youaccept to be bound by the lermsof thislicencethearigihaladlad thefolowingtext:In the event df anydiscrepancybetveenthe originalworkandthe
ForeworoThis 2025 edition of the OECD's Global Insurance Market Trends provides an overview and assessmentof developments in the insurance industry in 2024 using data from the OECDGloballInsuranceStatisticsThe OECD colects and analyses data on insurance markets globally through quantitative and qualitativeinformation provided by nationa author ties This includes insurance premiurms and payments por folioas exoanded over time. In addition to OECD counties,itinon-OECDLatin American (throuahco-operation with the Association of LatinSupervisors, ASSAL), Asian and other jurisdictions. Thisedition covers 67inauing a 3 0E CD corties. 14 Latin Aneaican non OECD urisdictons and 15 othejurisdictions fromAsia andEuropeTheGlobalInsuranceMarketTrends recortand GIS database provide arich source ofcomparable crosscountry data on insurance markets.They provide a comprehensive source ofinformation that can beusedby governmental authorities, the insuranialInstitutionsDivisionoftheOFCDDirectorate for Financial and EnterpriseAffairwas prepared by Ayse Pinar Demir under the supervisionof Pablo Antolin. Head of the Insurance and Pensions Unt, and Serdar Cellk, Head of Division. TrmothyBishop, Sally Day-Hanotiaux and Romain Despalins provided inpurGLOBALINSURANCEMARKETTRENDS2025@OECD2025
Table of contents368ForewordExecutivesummary1 Insurance penetration1.1.The level of insurance penetration increased in 2024. but remains below its level ten vearsagc1.2.Life insurance drove trends in overall insurance penetrationrates2lIndenwritina nerformanceinthenon-life insurance sector亿1121.While slowina, growthinnon-life premiums remained signficant22.Growth in non-ife insurance claims mod...
