Analysis per region (N. America, L. America & Caribbean, Europe, Asia, Africa, Oceania) of -premium value (total premium, life premium, non-life premium) -insurance penetration (total business, life business, non-life business) -insurance density (total business, life business, non-life business) -share of market (total business, life business, non-life business)

1. Dr. Giorgos K. Kassapis
Insurance & Financial Advisory Services
email: giorgos.kassapis@gmail.com
bio page: about.me/giorgoskassapis
blog: giorgoskassapis.wordpress.com
linkedin: www.linkedin.com/in/giorgoskassapis

2. S3 PREMIUM VALUE
(total premium value, life premium value, non-life premium value)
S4 INSURANCE PENETRATION
(total business, life business, non-life business)
S5 INSURANCE DENSITY
(total business, life business, non-life business)
S6 SHARE OF MARKET
(total business, life business, non-life business)
S7 SOURCES

3. World Insurance Market
Total premium volume
(in millions of USD)
World Insurance Market
Life premium volume
(in millions of USD)
Region 2009 2010 2011 2012 2013 2014 2015
North America
Latin America &
Caribbean
Europe
Asia
Africa
Oceania
World
536001
43625
953515
732267
32564
33592
2331566
557802
54547
965661
855370
47244
39448
2520072
589737
65197
937168
941958
46298
46810
2626944
589737
65197
937168
941958
46298
46810
2626944
585193
80363
946727
898413
49939
47455
2608091
580358
75245
1002728
892318
45796
58103
2654549
601837
66201
872115
904569
43704
45393
2533818
Region 2009 2010 2011 2012 2013 2014 2015
North America
Latin America &
Caribbean
Europe
Asia
Africa
Oceani
World
1238586
110910
1610620
989451
49287
67241
4066055
1281664
127867
1620437
1161118
66719
81160
4338964
1325890
154275
1650866
1298139
68080
99438
4595123
1393416
168737
1535176
1346223
71891
97071
4612514
1384599
183800
1631699
1278780
72425
89638
4640941
1416816
188225
1697629
1317566
68974
100140
4778248
1431239
158146
1468878
1350974
64123
80426
4553785
Region 2009 2010 2011 2012 2013 2014 2015
North America
Latin America &
Caribbean
Europe
Asia
Africa
Oceania
World
702584
67285
657105
257184
16723
33649
1734529
723861
73320
654775
305748
19475
41713
1818893
736152
89078
713699
356180
21782
52628
1968179
773878
96903
658732
388511
22002
51623
1991650
799407
103437
684972
380366
22485
42182
2032850
825457
112979
694801
425248
23178
42036
2123699
829402
91945
596763
446405
20419
35033
2019967
World Insurance Market
Non-life premium volume
(in millions of USD)
S3

4. World Insurance Market
Insurance Penetration (Total business)
(premiums in % of GDP)
World Insurance Market
Insurance Penetration (Life business)
(premiums in % of GDP)
Region 2009 2010 2011 2012 2013 2014 2015
North America
Latin America &
Caribbean
Europe
Asia
Africa
Oceania
World
3.40
1.10
4.50
4.50
2.20
3.10
4.00
3.40
1.10
4.50
4.50
2.70
2.80
4.00
3.50
1.20
4.10
4.30
2.50
2.80
3.80
3.57
1.28
3.89
4.09
2.53
2.68
3.69
3.10
1.40
4.00
3.80
2.40
2.70
3.50
3.00
1.20
4.10
3.50
1.90
3.40
3.40
3.06
1.29
4.16
3.59
1.97
3.15
3.47
Region 2009 2010 2011 2012 2013 2014 2015
North America
Latin America &
Caribbean
Europe
Asia
Africa
Oceania
World
7.90
2.80
7.60
6.10
3.30
6.20
7.00
7.90
2.70
7.50
6.20
3.90
5.80
6.90
7.90
2.80
7.10
5.80
3.60
5.90
6.60
8.03
3.00
6.73
5.73
3.65
5.60
6.50
7.40
3.20
6.80
5.40
3.50
5.20
6.30
7.30
3.10
6.80
5.20
2.80
5.90
6.20
7.29
3.09
6.89
5.34
2.90
5.58
6.23
Region 2009 2010 2011 2012 2013 2014 2015
North America
Latin America &
Caribbean
Europe
Asia
Africa
Oceania
World
4.50
1.70
3.10
1.60
1.10
3.10
3.00
4.50
1.50
3.00
1.60
1.10
3.00
2.90
4.40
1.60
3.00
1.60
1.20
3.10
2.80
4.46
1.72
2.84
1.64
1.12
2.98
2.81
4.30
1.80
2.80
1.60
1.10
2.40
2.80
4.30
1.80
2.70
1.70
0.90
2.50
2.70
4.22
1.80
2.73
1.74
0.92
2.43
2.77
World Insurance Market
Insurance Penetration (Non-life business)
(premiums in % of GDP)
S4

5. World Insurance Market
Insurance Density (Total business)
(premiums per capita in USD)
World Insurance Market
Insurance Density (Life business)
(premiums per capita in USD)
Region 2009 2010 2011 2012 2013 2014 2015
North America
Latin America &
Caribbean
Europe
Asia
Africa
Oceania
World
1572.8
75.6
1111.0
180.3
32.3
930.7
341.2
1620.9
93.5
1110.6
208.1
45.8
1109.7
364.3
1697.0
110.0
1083.0
229.0
44.0
1299.0
378.0
1776.8
120.0
996.0
229.8
46.7
1245.5
372.6
1664.0
131.0
1076.0
213.0
46.0
1286.0
366.0
1638.0
122.0
1138.0
209.0
41.0
1509.0
368.0
1684.9
105.1
987.2
209.8
37.3
1165,.5
345.7
Region 2009 2010 2011 2012 2013 2014 2015
North America
Latin America &
Caribbean
Europe
Asia
Africa
Oceania
World
3634.5
192.2
1861.5
243.1
48.8
1862.9
595.1
3724.4
219.1
1850.2
281.5
64.7
2.283.1
627.3
3815.0
261.0
1886.0
314.0
65.0
2.759.0
661.0
3996.3
281.9
1724.4
321.7
67.3
2.660.2
655.7
3938.0
300.0
1833.0
303.0
66.0
2429.0
652.0
3969.0
304.0
1902.0
307.0
61.0
2600.0
662.0
4006.9
251.0
1634.4
311.7
54.7
2065.0
621.2
World Insurance Market
Insurance Density (Non-life business)
(premiums per capita in USD)
Region 2009 2010 2011 2012 2013 2014 2015
North America
Latin America &
Caribbean
Europe
Asia
Africa
Oceania
World
2061.7
116.6
750.6
62.8
16.6
932.2
253.9
2103.5
125.6
739.6
73.5
18.9
1173.4
263.0
2118.0
150.0
802.0
85.0
21.0
1460.0
283.0
2219.5
161.9
728.3
91.9
20.6
1414.7
283.1
2273.0
169.0
758.0
91.0
21.0
1143.0
285.0
2330.0
183.0
764.0
98.0
21.0
1092.0
294.0
2322.0
145.9
647.7
102.0
17.4
899.2
275.8
S5

6. World Insurance Market
Share of Market (Total business)
(in %)
World Insurance Market
Share of Market (Life business)
(in %)
Region 2009 2010 2011 2012 2013 2014 2015
North America
Latin America &
Caribbean
Europe
Asia
Africa
Oceania
World
22.99
1.87
40.90
31.41
1.40
1.44
100.00
22.13
2.16
38.32
33.94
1.87
1.57
100.00
23.64
2.74
33.44
36.54
1.90
1.73
100.00
22.44
3.08
36.30
34.45
1.91
1.82
100.00
21.86
2.83
37.77
33.61
1.73
2.19
100.00
23.75
2.61
34.42
35.70
1.72
1.79
100.00
Region 2009 2010 2011 2012 2013 2014 2015
North America
Latin America &
Caribbean
Europe
Asia
Africa
Oceania
World
30.46
2.73
39.61
24.33
1.21
1.65
100.00
29.54
2.95
37.35
26.76
1.54
1.87
100.00
22.45
2.48
35.68
35.85
1.76
1.78
100.00
30.21
3.66
33.28
29.19
1.56
2.10
100.00
29.83
3.96
35.16
27.55
1.56
1.93
100.00
29.42
3.94
35.53
27.57
1.44
2.10
100.00
31.43
3.47
32.26
29.67
1.41
1.77
100.00
Region 2009 2010 2011 2012 2013 2014 2015
North America
Latin America &
Caribbean
Europe
Asia
Africa
Oceania
World
40.51
3.88
37.88
14.83
0.96
1.94
100.00
39.80
4.03
36.00
16.81
1.07
2.29
100.00
37.40
4.53
36.26
18.08
1.11
2.67
100.00
38.86
4.87
33.07
19.51
1.10
2.59
100.00
39.32
5.09
33.70
18.71
1.11
2.08
100.00
38.87
5.32
32.72
20.02
1.09
1.98
100.00
41.06
4.55
29.54
22.10
1.01
1.73
100.00
World Insurance Market
Share of Market (Non-life business)
(in %)
S6

7. Sources
Swiss Re, Sigma Series, No 2/2010
Swiss Re, Sigma Series, No 2/2011
Swiss Re, Sigma Series, No 3/2012
Swiss Re, Sigma Series, No 3/2013
Swiss Re, Sigma Series, No 3/2014
Swiss Re, Sigma Series, No 4/2015
Swiss Re, Sigma Series, No 3/2016
S7