2015 International Insurance Factbook - III

TABLE OF CONTENTS To the Reader 1

About Axco Insurance Information Services 2 About Swiss Re 2

Chapter 1: World Overview 3 Chapter 2: World Rankings 12 Chapter 3: Country Profiles 16 Appendices 108

International Insurance Organizations 108 I.I.I. Staff 110

2015 International Insurance Fact Book updates at www.iii.org/international/ 1

To The Reader In response to the globalization of the insurance business and the need for readily available data on world insurance, the Insurance Information Institute produces a Fact Book for international insurance statistics. We could not have undertaken this project without help from many organizations that collect international insurance data. We are especially grateful for the generous assistance of Axco Insurance Information Services (http://www.axcoinfo.com), a London-based insurance information service, and Swiss Re (http://www.swissre.com), which publishes the international research journal, sigma. The information included, which covers some 90 countries, comes from a variety of other sources as well. We have attempted to standardize the information as much as possible. We hope you find this Fact Book useful. Robert P. Hartwig, Ph.D., CPCU President Insurance Information Institute 110 William Street New York, NY 10038 212 346-5500 http://www.iii.org


About Axco Insurance Information Services Axco Insurance Information Services is the leading supplier of global insurance and employee benefits market information. With over 40 years’ experience in researching and delivering insurance industry intelligence, Axco provides business-critical compliance and market data on no-life, life and benefits, personal accident, healthcare and employee benefits markets across the globe. Axco’s unique business model and methods of research have developed an extensive suite of products comprising in-depth reports, focused profiles, Q&A databases, intelligent questioning tools, and email services. Axco products are delivered to every corner of the globe and Axco is committed to continually improving its technical capabilities, enhancing existing products in both content and design, and developing new and innovative methods of information delivery. From Argentina to Zambia, Axco secures information on a market by market basis to deliver the most accurate, relevant and up-to-date information available to its client base of the world’s foremost insurers, reinsurers, brokers, risk managers, catastrophe modellers and employee benefits specialists. For further information see http://www.axcoinfo.com.

About Swiss Re Swiss Re is one of the world's leading reinsurers, operating through more than 70 offices in over 30 countries. The company has been in the reinsurance business since its foundation in Zurich, Switzerland, in 1863. Through its three business groups Property & Casualty, Life & Health and Financial Services, Swiss Re offers a wide variety of products to manage capital and risk. Traditional reinsurance products, including a broad range of property and casualty as well as life and health covers and related services, are complemented by insurance-based corporate finance solutions and supplementary services for comprehensive risk management. For further information see http://www.swissre.com.


Chapter 1: World Overview

World Overview WORLD LIFE AND NONLIFE INSURANCE IN 2013 Outside the United States, the insurance industry is divided into life and nonlife, or general insurance, rather than life/health and property/casualty. World insurance premiums rose 1.4 percent in 2013, adjusted for inflation, following a 2.5 percent inflation-adjusted increase in 2012, according to Swiss Re’s latest study of world insurance. Nonlife premiums rose 2.3 percent in 2013, adjusted for inflation, following 2.7 percent growth in 2012. Life insurance premiums grew by 0.7 percent after inflation in 2013, down from 2.3 percent inflation-adjusted growth in 2012. In 2013 life and nonlife insurance premiums (excluding cross-border business) accounted for 6.3 percent of world gross domestic product (GDP). Premiums accounted for 17.6 percent of GDP in Taiwan, the highest share in the Swiss Re study, followed by 15.4 percent in South Africa, 13.2 percent in Hong Kong, 12.6 percent in the Netherlands and 11.9 percent in South Korea. Premiums represented 7.5 percent of GDP in the United States, the 10th highest share in the study.

WORLD LIFE AND NONLIFE INSURANCE PREMIUMS, 2011-2013 (1)

(Direct premiums written, U.S. $ millions)

Year Life Nonlife (2) Total

2011 $2,611,718 $1,954,445 $4,566,163

2012 2,630,274 1,968,677 4,598,951

2013 2,608,091 2,032,850 4,640,941

(1) Before reinsurance transactions. (2) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2014.

A 2012 Swiss Re study put global commercial insurance premiums at $600 billion in 2010, with the U.S. accounting for the largest share ($237 billion in direct premiums written), followed by Japan ($35 billion), China ($31 billion), the United Kingdom ($28 billion) and Germany ($27 billion).

TOP TEN COUNTRIES BY LIFE AND NONLIFE DIRECT PREMIUMS WRITTEN, 2013 (1)

(U.S. $ millions)

Total premiums

Rank Country Life

premiums Nonlife

premiums (2) Amount

Percent change from prior year

Percent of total world premiums

1 United States (3), (4) $532,858 $726,397 $1,259,255 -1.1% 27.13%

2 Japan (5), (6) 422,733 108,773 531,506 -15.2 11.45

3 United Kingdom (6) 222,893 106,750 329,643 2.4 7.10

4 P.R. China (4) 152,121 125,844 277,965 13.3 5.99

5 France (7) 160,156 94,598 254,754 7.2 5.49

6 Germany (7) 114,349 132,813 247,162 6.3 5.33

7 Italy (4) 117,978 50,576 168,554 17.1 3.63

8 South Korea (5), (6) 91,204 54,223 145,427 -4.9 3.13

9 Canada (6), (8) 52,334 73,010 125,344 0.6 2.70

10 Netherlands (4) 26,005 75,135 101,140 5.5 2.18

(1) Before reinsurance transactions. (2) Includes accident and health insurance. (3) Nonlife premiums include state funds; life premiums include an estimate of group pension business.


(4) Provisional. (5) April 1, 2013-March 31, 2014. (6) Estimated. (7) Life premiums are estimated; nonlife premiums are provisional. (8) Life premiums are net premiums. Source: Swiss Re, sigma, No. 3/2014.

LIFE AND NONLIFE INSURANCE PREMIUMS, 2013

(Direct premiums written, U.S. $ millions)

Total premiums

Country Nonlife

premiums (1) Life

premiums Amount


Algeria $1,342 $98 $1,440 0.03%

Angola 1,079 57 1,136 0.02

Argentina 13,957 3,359 17,317 0.37

Australia 32,667 45,641 78,309 1.69

Austria 13,456 8,596 22,052 0.48

Bahamas 539 154 693 0.01

Bahrain 515 173 688 0.01

Belarus 706 42 748 0.02

Belgium 16,578 22,430 39,008 0.84

Brazil 39,513 49,417 88,931 1.92

Bulgaria 947 183 1,129 0.02

Canada 73,010 52,334 125,344 2.70

Chile 4,726 6,986 11,712 0.25

Colombia 6,439 3,632 10,070 0.22

Costa Rica 897 139 1,036 0.02

Croatia 1,146 445 1,591 0.03

Cyprus 632 456 1,088 0.02

Czech Republic 4,341 3,657 7,998 0.17

Denmark 11,366 22,981 34,347 0.74

Dominican Republic 619 120 739 0.02

Ecuador 1,377 282 1,659 0.04

Egypt 1,051 800 1,851 0.04

Finland 5,243 22,363 27,606 0.59

France 94,598 160,156 254,754 5.49

Germany 132,813 114,349 247,162 5.33

Greece 3,116 2,143 5,259 0.11

Guatemala 544 135 679 0.01

Hong Kong 4,016 32,059 36,075 0.78

Hungary 1,566 1,938 3,504 0.08

India 13,401 52,174 65,576 1.41

Indonesia 4,254 14,141 18,395 0.40


Total premiums

Country Nonlife

premiums (1) Life

premiums Amount


Iran 8,878 796 9,675 0.21

Ireland 8,851 46,929 55,780 1.20

Israel 6,170 7,329 13,499 0.29

Italy 50,576 117,978 168,554 3.63

Jamaica 437 246 683 0.01

Japan 108,773 422,733 531,506 11.45

Jordan 620 66 686 0.01

Kazakhstan 1,292 372 1,664 0.04

Kenya 1,000 520 1,520 0.03

Kuwait 770 182 952 0.02

Lebanon 1,005 469 1,475 0.03

Liechtenstein 992 2,643 3,635 0.08

Luxembourg 3,822 25,904 29,726 0.64

Malaysia 5,161 9,985 15,146 0.33

Malta 2,107 1,365 3,472 0.07

Mauritius 212 476 688 0.01

Mexico 14,884 12,470 27,354 0.59

Morocco 2,157 1,023 3,180 0.07

Namibia 279 664 944 0.02

Netherlands 75,135 26,005 101,140 2.18

New Zealand 9,219 1,694 10,913 0.24

Nigeria 1,406 457 1,863 0.04

Norway 10,238 13,909 24,147 0.52

Oman 859 88 947 0.02

Pakistan 619 1,048 1,667 0.04

Panama 965 280 1,244 0.03

Peru 1,806 1,548 3,354 0.07

Philippines 1,233 4,060 5,293 0.11

Poland 9,729 8,355 18,084 0.39

Portugal 5,118 14,087 19,205 0.41

PR China 125,844 152,121 277,965 5.99

Qatar 1,407 64 1,471 0.03

Romania 1,935 547 2,482 0.05

Russia 25,755 2,666 28,421 0.61

Saudi Arabia 6,105 256 6,360 0.14

Serbia 601 141 742 0.02

Singapore 2,870 15,092 17,962 0.39

Slovakia 1,398 1,343 2,741 0.06


Total premiums

Country Nonlife

premiums (1) Life

premiums Amount


Slovenia 1,892 801 2,693 0.06

South Africa 9,565 44,556 54,121 1.17

South Korea 54,223 91,204 145,427 3.13

Spain 38,647 33,862 72,510 1.56

Sri Lanka 442 333 775 0.02

Sweden 10,614 30,865 41,478 0.89

Switzerland 28,370 34,227 62,597 1.35

Taiwan 15,964 75,013 90,977 1.96

Thailand 6,663 14,798 21,461 0.46

Trinidad and Tobago 572 349 921 0.02

Tunisia 699 131 830 0.02

Turkey 10,699 1,761 12,460 0.27

Ukraine 3,276 310 3,586 0.08

United Arab Emirates 6,026 1,933 7,959 0.17

United Kingdom 106,750 222,893 329,643 7.10

United States 726,397 532,858 1,259,255 27.13

Uruguay 865 348 1,213 0.03

Venezuela 13,290 444 13,733 0.30

Vietnam 1,131 984 2,115 0.05

Other 10,084 3,069 13,154 0.28

World $2,032,850 $2,608,091 $4,640,941 100.00%

(1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2014.

POPULATION BY COUNTRY, 2014

Country Population (1) Rank

Afghanistan 31,822,848 40

Algeria 38,813,722 33

Angola 19,088,106 58

Argentina 43,024,374 32

Australia 22,507,617 55

Austria 8,223,062 94

Azerbaijan 9,686,210 91

Bangladesh 166,280,712 8

Belarus 9,608,058 92

Belgium 10,449,361 83

Benin 10,160,556 87



Bolivia 10,631,486 81

Brazil 202,656,788 5

Burkina Faso 18,365,123 59

Burma 55,746,253 24

Burundi 10,395,931 85

Cambodia 15,458,332 68

Cameroon 23,130,708 53

Canada 34,834,841 37

Chad 11,412,107 76

Chile 17,363,894 64

China 1,355,692,576 1

Colombia 46,245,297 29

Congo, Democratic Republic of the 77,433,744 19

Cote d'Ivoire 22,848,945 54

Cuba 11,047,251 77

Czech Republic 10,627,448 82

Dominican Republic 10,349,741 86

Ecuador 15,654,411 67

Egypt 86,895,099 15

Ethiopia 96,633,458 13

France 66,259,012 21

Germany 80,996,685 17

Ghana 25,758,108 48

Greece 10,775,557 80

Guatemala 14,647,083 69

Guinea 11,474,383 75

Haiti 9,996,731 88

Honduras 8,598,561 93

Hungary 9,919,128 89

India 1,236,344,631 2

Indonesia 253,609,643 4

Iran 80,840,713 18

Iraq 32,585,692 39

Israel 7,821,850 98

Italy 61,680,122 23

Japan 127,103,388 10

Jordan 7,930,491 97

Kazakhstan 17,948,816 61

Kenya 45,010,056 30

Korea, North 24,851,627 49

Korea, South 49,039,986 26



Madagascar 23,201,926 52

Malawi 17,377,468 63

Malaysia 30,073,353 43

Mali 16,455,903 66

Mexico 120,286,655 11

Morocco 32,987,206 38

Mozambique 24,692,144 50

Nepal 30,986,975 41

Netherlands 16,877,351 65

Niger 17,466,172 62

Nigeria 177,155,754 7

Pakistan 196,174,380 6

Peru 30,147,935 42

Philippines 107,668,231 12

Poland 38,346,279 34

Portugal 10,813,834 79

Romania 21,729,871 57

Russia 142,470,272 9

Rwanda 12,337,138 73

Saudi Arabia 27,345,986 46

Senegal 13,635,927 72

Serbia 7,209,764 100

Somalia 10,428,043 84

South Africa 48,375,645 27

South Sudan 11,562,695 74

Spain 47,737,941 28

Sri Lanka 21,866,445 56

Sudan 35,482,233 36

Sweden 9,723,809 90

Switzerland 8,061,516 95

Syria 17,951,639 60

Taiwan 23,359,928 51

Tajikistan 8,051,512 96

Tanzania 49,639,138 25

Thailand 67,741,401 20

Togo 7,351,374 99

Tunisia 10,937,521 78

Turkey 81,619,392 16

Uganda 35,918,915 35

Ukraine 44,291,413 31



United Kingdom 63,742,977 22

United States 318,892,103 3

Uzbekistan 28,929,716 44

Venezuela 28,868,486 45

Vietnam 93,421,835 14

Yemen 26,052,966 47

Zambia 14,638,505 70

Zimbabwe 13,771,721 71

(1) Estimate for July 2014. Includes the 100 largest countries. Source: U.S. Central Intelligence Agency.

GROSS DOMESTIC PRODUCT BY COUNTRY, 2013

Country Gross domestic product (1)

(U.S. $ billions) Rank

Afghanistan $45.3 100

Algeria 284.7 45

Angola 131.8 66

Argentina 771.0 22

Australia 998.3 17

Austria 361.0 37

Azerbaijan 100.4 75

Bangladesh 324.6 43

Belarus 150.4 62

Belgium 421.7 32

Bolivia 58.3 91

Brazil 2,422.0 7

Bulgaria 104.6 73

Burma 111.1 70

Cameroon 53.2 96

Canada 1,518.0 13

Chile 335.4 42

China 13,370.0 2

Colombia 526.5 28

Costa Rica 61.4 90

Croatia 78.9 83

Cuba 121.0 67

Czech Republic 285.6 44

Denmark 211.3 54

Dominican Republic 101.0 74

Ecuador 157.6 61




Egypt 551.4 27

El Salvador 47.5 97

Ethiopia 118.2 68

Finland 195.5 57

France 2,273.0 9

Germany 3,227.0 5

Ghana 90.4 77

Greece 267.1 50

Guatemala 81.5 79

Hong Kong 381.7 35

Hungary 196.6 56

India 4,962.0 3

Indonesia 1,285.0 15

Iran 987.1 18

Iraq 248.0 51

Ireland 190.4 58

Israel 274.5 48

Italy 1,805.0 11

Japan 4,729.0 4

Kazakhstan 243.6 52

Kenya 79.9 81

Korea, South 1,666.0 12

Kuwait 165.8 60

Lebanon 64.3 87

Libya 73.6 84

Lithuania 67.4 85

Macau 47.2 98

Malaysia 525.0 29

Mexico 1,845.0 10

Morocco 180.0 59

Netherlands 696.3 23

New Zealand 136.0 63

Nigeria 478.5 30

Norway 282.2 46

Oman 94.9 76

Pakistan 574.1 26

Panama 61.5 89

Paraguay 45.9 99

Peru 344.0 39

Philippines 454.3 31




Poland 814.0 21

Portugal 243.3 53

Puerto Rico 64.8 86

Qatar 198.7 55

Romania 280.7 47

Russia 2,553.0 6

Saudi Arabia 927.8 19

Serbia 80.5 80

Singapore 339.0 40

Slovakia 133.4 65

Slovenia 56.5 92

South Africa 595.7 25

Spain 1,389.0 14

Sri Lanka 134.5 64

Sudan 90.0 78

Sweden 393.8 34

Switzerland 370.3 36

Syria 107.6 72

Taiwan 926.4 20

Tanzania 79.3 82

Thailand 674.3 24

Tunisia 108.4 71

Turkey 1,167.0 16

Turkmenistan 55.2 94

Uganda 54.4 95

Ukraine 337.4 41

United Arab Emirates 269.8 49

United Kingdom 2,378.0 8

United States 16,720.0 1

Uruguay 56.3 93

Uzbekistan 112.6 69

Venezuela 407.4 33

Vietnam 358.9 38

Yemen 61.6 88

(1) Estimate. Based on Purchasing Power Parity calculations, which take into account the relative cost of living and inflation rates of countries. Includes 100 largest countries based on 2013 GDP. Source: U.S. Central Intelligence Agency.


Chapter 2: World Rankings

World Rankings

TOP TEN GLOBAL INSURANCE COMPANIES BY REVENUES, 2013 (1) ($ billions)

Rank Company Revenues Country Industry

1 Berkshire Hathaway $182,150.0 U.S. Property/casualty

2 AXA 165,893.5 France Life/health

3 Japan Post Holdings 152,125.8 Japan Life/health

4 Allianz 134,636.1 Germany Property/casualty

5 UnitedHealth Group 122,489.0 U.S. Health

6 Assicurazioni Generali 115,224.4 Italy Life/health

7 Munich Re Group 83,844.8 Germany Property/casualty

8 Prudential 81,867.7 U.K. Life/health

9 China Life Insurance 80,909.4 China Life/health

10 Zurich Insurance Group 72,045.0 Switzerland Property/casualty

(1) Based on an analysis of companies in the Global Fortune 500. Includes stock and mutual companies. Source: Fortune.


THE TWENTY MOST COSTLY WORLD INSURANCE LOSSES, 2013 (1)

($ millions)

Rank Date Country Event Insured loss in U.S. dollars

1 May 27 Germany, et al. Floods $4,134

2 Jul. 27 Germany, France Hailstorms 3,838

3 Jun. 19 Canada Floods 1,882

4 May 18 U.S. Severe thunderstorms, tornadoes (EF5 tornado in Moore, OK)

1,776

5 Mar. 18 U.S. Thunderstorms, tornadoes, hail 1,615

6 Nov. 8 Phillipines, et al. Typhoon Haiyan, storm surge 1,486

7 Oct. 27 Germany, et al. Windstorm Christian (St. Jude) 1,471

8 May 28 U.S. Severe thunderstorms, tornadoes, large hail

1,425

9 Apr. 7 U.S. Winter storm, ice, tornadoes, heavy rains

1,204

10 Sep. 29 China, Japan Typhoon Fitow 1,133

11 Apr. 2 Argentina Large fire at refinery NA

12 Dec. 5 U.K., et al. Windstorm Xaver 1,034

13 Jan. 21 Australia Floods caused by cyclone Oswald 983

14 Sep. 13 Mexico Hurricane Manuel 947

15 Nov. 17 U.S. Thunderstorms, tornadoes (2 EF4) with winds up to 305 km/h

931

16 Apr. 10 U.S. Collapse of pit wall at copper mine due to landslide

NA

17 Sep. 4 China Fire at major high-tech semiconductor plant

NA

18 Jul. 8 Canada Severe storms, flooding 888

19 Jun. 20 Germany Hailstorms 827

20 Aug. 6 U.S. Thunderstorms, hail, tornadoes 805

(1) Property and business interruption losses, excluding life and liability losses. Includes flood losses in the U.S. insured via the National Flood Insurance Program. Loss data shown here may differ from figures shown elsewhere for the same event due to differences in the date of publication, the geographical area covered and other criteria used by organizations collecting the data. NA=data not available. Source: Swiss Re, sigma, No. 1/2014; Property Claim Services (PCS), a Verisk Analytics company, insured losses for natural catastrophes in the United States.


THE TEN MOST COSTLY WORLD INSURANCE LOSSES, 1970-2013 (1) ($ millions)

Rank Date Country Event Insured loss in 2011 U.S.

dollars (2)

1 Aug. 25, 2005 U.S., Gulf of Mexico, Bahamas, North Atlantic

Hurricane Katrina; storm surge, levee failure, damage to oil rigs

$80,373

2 Mar. 11, 2011 Japan Earthquake (Mw 9.0) triggers tsunami: aftershocks

37,665

3 Oct. 24, 2012 U.S., et al. Hurricane Sandy, storm surge 36,890

4 Aug. 23, 1992 U.S., Bahamas Hurricane Andrew: floods 27,594

5 Sep. 11, 2001 U.S. Terror attacks on WTC, Pentagon and other buildings

25,664

6 Jan. 17, 1994 U.S. Northridge earthquake (M 6.6) 22,857

7 Sep. 6, 2008 U.S., Caribbean: Gulf of Mexico et al.

Hurricane Ike; floods, offshore damage 22,751

8 Sep. 2, 2004 U.S., Caribbean; Barbados et al.

Hurricane Ivan; damage to oil rigs 17,218

9 Jul. 27, 2011 Thailand Floods caused by heavy monsoon rains 16,519

10 Feb. 22, 2011 New Zealand Earthquake (Mw 6.3), aftershocks 16,142

(1) Property and business interruption losses, excluding life and liability losses. Includes flood losses in the United States insured via the National Flood Insurance Program. (2) Adjusted to 2013 dollars by Swiss Re. Note: Loss data shown here may differ from figures shown elsewhere for the same event due to differences in the date of publication, the geographical area covered and other criteria used by organizations collecting the data. Source: Swiss Re, sigma, No. 2/2014.


Chapter 3: Country Profiles

Country Profiles The country profiles that follow provides information on population, gross domestic product, insurance premiums and leading insurers.


Algeria

LEADING NONLIFE INSURANCE COMPANIES, 2011

Gross written premiums

Company DZD Mn USD Mn

SAA 21,147.0 284.3

CAAT 14,637.0 196.8

CAAR 13,740.0 184.7

CASH 7,900.0 106.2

CNMA 6,732.0 90.5

CIAR 6,113.0 82.2

Alliance 3,903.0 52.5

2A 3,203.0 43.1

GAM 2,849.0 38.3

Salama 2,797.0 37.6

Source: Axco Insurance Information Services.

LEADING LIFE INSURANCE COMPANIES, 2010


SAA 1,500.0 20.2

CAAR 1,445.0 19.4

Cardif 715.0 9.6

CAAT 626.0 8.4

CIAR 600.0 8.1

CNMA 600.0 8.1

2A 300.0 4.0

Trust 150.0 2.0

CASH 52.0 0.7

SAA 1,500.0 20.2


INSURANCE ASSOCIATION Le Conseil National des Assurances Web: www.cna.dz

POPULATION, 2011-2014 (1)

Year Population

2011 34,994,937

2012 35,406,303

2013 38,087,812

2014 38,813,722

(1) Estimated. Source: U.S. Central Intelligence Agency.

GROSS DOMESTIC PRODUCT, 2009-2013 (1)

Year GDP

2009 $240.2

2010 244.3

2011 254.7

2012 264.1

2013 284.7

(1) Based on Purchasing Power Parity calculations, which take into account the relative cost of living and inflation rates of countries. GDP estimate for July for each year shown. Source: U.S. Central Intelligence Agency.

LIFE AND NONLIFE INSURANCE PREMIUMS, 2013 (U.S. $ millions)

Direct premiums

written

Nonlife premiums (1) $1,342

Life premiums 98

Total premiums $1,440


0.03%



Angola



Company AOA Mn USD Mn

AAA Seguros 15,406.5 205.3

ENSA 11,530.8 153.7

GA Seguros 1,405.3 18.7




Company AOA Mn USD Mn

AAA Seguros 2,287.8 30.5

ENSA 352.8 4.7


INSURANCE ASSOCIATION Institute of Insurance Supervision Web: www.iss.gv.ao/


Year Population

2011 13,338,541

2012 18,056,072

2013 18,565,269

2014 19,088,106


GROSS DOMESTIC PRODUCT, 2013 (1)

Year GDP

2009 $114.6

2010 NA

2011 NA

2012 115.9

2013 131.8

(1) Based on Purchasing Power Parity calculations, which take into account the relative cost of living and inflation rates of countries. GDP estimate for July for each year shown. Source: U.S. Central Intelligence Agency. LIFE AND NONLIFE INSURANCE PREMIUMS, 2013

(U.S. $ millions)

Direct premiums

written


Life premiums 57



0.02%



Argentina



Company ARS Mn USD Mn

Prevencion ART 4,374.4 793.9

Federacion Patronal 4,315.3 783.2

Caja Seguros 3,829.9 695.1

QBE La Buenos Aires 2,693.2 488.8

Sancor 2,688.8 488.0

Galeno ART 2,585.4 469.2

Provincia ART 2,164.4 392.8

Asociart ART 2,111.0 383.1

San Cristobal 2,074.5 376.5

MAPFRE Argentina 1,999.9 363.0




Company ARS Mn USD Mn

Estrella Retiro 1,149.7 208.7

MetLife Seg de Vida 1,066.2 193.5

Cardif Seguros 986.5 179.0

Caja de Seguros 947.2 171.9

Galicia Seguros 790.9 143.5

Nacion Seguros 742.2 134.7

Sancor 715.0 129.8

Provincia 579.4 105.2

HSBC NY Life Vida 535.3 97.2

BBVA Seguros 490.9 89.1


INSURANCE ASSOCIATION Asociacion Argentina de Companias de Seguros Web: www.aacs.org.ar


Year Population

2011 41,769,726

2012 42,192,494

2013 42,610,981

2014 43,024,374



Year GDP

2009 $585.0

2010 558.0

2011 596.0

2012 709.7

2013 771.0


(U.S. $ millions)

Direct premiums

written


Life premiums 3,359



0.37%



Australia



Company AUD Mn USD Mn

QBE Insurance (Australia) Limited

4,166.7 4,314.2

Insurance Australia Limited 3,554.4 3,680.3

Allianz Australia Insurance Limited

3,366.4 3,485.6

Insurance Manufacturers of Australia PL

2,597.9 2,689.9

Australian Associated Motor Insurers Limited

2,078.0 2,151.6

CGU Insurance Limited 2,045.0 2,117.4

GIO General Limited 1,706.0 1,766.5

Vero Insurance Limited 1,464.3 1,516.1

Wesfarmers General Insurance Limited

1,235.9 1,279.7

Zurich Australian Insurance Limited

1,225.5 1,268.9




Company AUD Mn USD Mn

MLC Limited 1,358.6 1,406.7

The Colonial Mutual Life Assurance Society Limited

1,189.1 1,231.2

AMP Life Limited 1,113.2 1,152.7

OnePath Life Limited 1,038.6 1,075.4

Westpac Life Insurance Services Limited

907.4 939.5

The National Mutual Life Association of Australasia Limited

896.1 927.8

AIA Australia Limited 771.3 798.6

TAL Life Limited 422.7 437.6

MetLife Insurance Limited 288.8 299.1

Suncorp Life & Superannuation Limited

284.8 294.9


INSURANCE ASSOCIATION Insurance Council of Australia Web: www.insurancecouncil.com.au


Year Population

2011 21,766,711

2012 22,015,576

2013 22,262,501

2014 22,507,617



Year GDP

2009 $824.9

2010 819.0

2011 889.6

2012 917.7

2013 998.3


(U.S. $ millions)

Direct premiums written


Life premiums 45,641



1.69%



Austria



Company EUR Mn USD Mn

Generali Versicherung AG 1,170.6 1,504.0

Wiener Staedtische Versicherung AG

1,000.2 1,285.1

UNIQA Osterreich Versicherungen AG

993.1 1,276.0

Allianz Elementar Versicherungs-AG

804.2 1,033.2

Donau Versicherung AG Vienna Insurance Group

484.1 622.0

Zurich Versicherungs-AG 382.8 491.9

Grazer Wechselseitige Versicherung AG

300.8 386.5

OBEROSTERREICHISCHE Versicherung AG

243.1 312.4

Niederosterreichische Versicherung AG

206.0 264.7

HDI Versicherung AG 156.1 200.6





Sparkassen Versicherung AG 819.4 1,053.2

WIENER STÄDTISCHE VERSICHERUNG AG

808.3 1,039.0

Generali Versicherung AG 685.4 881.0

FINANCE LIFE Lebensversicherung AG

462.4 594.3

Raiffeisen Versicherung 452.0 580.9

Allianz Elementar Lebensversicherungs-AG

418.1 537.5

Bank Austria Creditanstalt Versicherung AG

412.9 530.8

UNIQA Österreich Versicherungen AG

354.4 455.5

Wüstenrot Versicherungs-AG 293.3 377.0

Donau Versicherung AG Vienna Insurance Group

250.4 321.8


INSURANCE ASSOCIATION Austrian Insurance Association Verband der Versicherungsunternehmen Oesterreichs Web: www.vvo.at


Year Population

2011 8,217,280

2012 8,219,743

2013 8,221,646

2014 8,223,062



Year GDP

2009 $325.0

2010 323.1

2011 332.6

2012 351.4

2013 361.0


(U.S. $ millions)

Direct premiums

written


Life premiums 8,596



0.48%



Bahamas





Company USD Mn

Colina Imperial 147.4

Family Guardian 73.3

Atlantic Medical 67.5

British American 19.4

Generali Worldwide 17.5

Capital Life 6.6

Metlife 6.5

Laurentide 5.0

Sirius 2.0

Sagicor 0.8



Company USD Mn

Bahamas First General 103.9

RoyalStar Assurance 64.9

Insurance Company of The Bahamas

43.3

Summit 35.6

Security and General 25.4

ICWI Bahamas 3.0

INSURANCE ASSOCIATION Bahamas General Insurance Association Web: www.bahamasinsurance.org


Year Population

2011 313,312

2012 316,182

2013 319,031

2014 321,834



Year GDP

2009 $9.2

2010 9.1

2011 8.9

2012 10.8

2013 11.4


(U.S. $ millions)


Nonlife premiums (1) $539

Life premiums 154

Total premiums $693


0.01%



Bahrain



Company BHD Mn USD Mn

Bahrain Kuwait 22.3 59.4

Axa 17.7 47.2

ACE 16.6 44.1

Takaful International 15.5 41.3

Bahrain National 15.0 39.9

Gulf Union 14.0 37.3

Solidarity General Takaful 11.8 31.3

Saudi National 11.4 30.4

Al Ahlia 11.2 29.8

T'azur 7.3 19.4



Gross written

premiums

Company BHD Mn USD Mn

Life Insurance Corp. 21.4 56.8

Alico 12.7 33.7

Zurich 9.8 26.0

Medgulf Takaful 7.0 18.7

Legal & General Gulf Takaful

4.7 12.6

Bahrain National Life 2.1 5.7

Takaful International 1.3 3.5

Legal & General Gulf 0.6 1.5

T'azur 0.6 1.5

Arabia Insurance Company 0.1 0.1


INSURANCE ASSOCIATION Bahrain Insurance Association Web: www.bia-bh.com


Year Population

2011 1,214,705

2012 1,248,348

2013 1,281,332

2014 1,314,089



Year GDP

2009 NA

2010 $28.0

2011 29.8

2012 30.8

2013 35.0

(1) Based on Purchasing Power Parity calculations, which take into account the relative cost of living and inflation rates of countries. GDP estimate for July for each year shown. NA=Data not available. Source: U.S. Central Intelligence Agency. LIFE AND NONLIFE INSURANCE PREMIUMS, 2013

(U.S. $ millions)

Direct premiums

written


Life premiums 173

Total premiums $688


0.01%



Bangladesh



Company BDT Mn USD Mn

Green Delta Insurance Co Ltd

2,601.4 31.8

Sadharan Bima Corporation

2,212.0 27.0

Pioneer Insurance Co Ltd 1,701.3 20.8

Reliance Insurance Limited

1,486.3 18.2

Pragati Insurance Ltd 1,151.3 14.1

Rupali Insurance Co Ltd 759.5 9.3

Eastland Insurance Co Ltd 650.1 7.9

Phoenix Insurance Co Ltd 614.6 7.5

Bangladesh Gen Ins Co Ltd

591.5 7.2

Continental Insurance Ltd 451.2 5.5




Company BDT Mn USD Mn

MetLife Alico 16,687.7 203.9

Fareast Islami Life 7,031.3 85.9

National Life 7,025.1 85.8

Popular Life 6,617.8 80.8

Delta Life 5,085.6 62.1

Meghna Life 4,011.8 49.0

Jiban Bima Corporation 3,199.9 39.1

Sandhani Life 2,249.0 27.5

Prime Islami Life 2,071.3 25.3

Progressive Life 1,714.1 20.9


INSURANCE ASSOCIATION Bangladesh Insurance Association Web: www.bia-bd.org


Year Population

2011 158,570,535

2012 161,083,804

2013 163,654,860

2014 166,280,712



Year GDP

2009 $228.4

2010 242.2

2011 259.3

2012 282.5

2013 324.6


(U.S. $ millions)

Direct premiums

written


Life premiums 789



0.02%



Belgium




AXA Belgium 1,985.9 2,551.6

AG Insurance 1,744.8 2,241.8

Ethias 1,085.4 1,394.6

CBC Assurances 892.6 1,146.8

Baloise 681.3 875.3

Belins 487.6 626.5

DKV 443.3 569.6

Allianz Belgium 405.2 520.6

Vivium 378.6 486.4

P&V 183.7 236.0





AG Insurance 5,134.2 6,596.8

CBC Assurances 3,892.9 5,001.8

AXA Belgium 2,079.7 2,672.1

Belins 1,754.1 2,253.8

Ethias 1,235.8 1,587.8

Aras 845.5 1,086.3

Delta Lloyd Life 841.8 1,081.6

Allianz Belgium 823.1 1,057.6

ING Life 707.5 909.0

Vivium 610.2 784.0


INSURANCE ASSOCIATION Insurance Company Association Assuralia Web: www.assuralia.be


Year Population

2011 10,431,477

2012 10,438,353

2013 10,444,268

2014 10,449,361



Year GDP

2009 $398.7

2010 381.4

2011 396.9

2012 412.0

2013 421.7


(U.S. $ millions)

Direct premiums

written





0.84%



Bermuda

LEADING NONLIFE AND REINSURANCE

COMPANIES, 2011 (1)


Company USD Mn

ACE 15,387.0

XL Capital 5,327.1

PartnerRe 4,647.8

Catlin Group 3,611.6

AXIS Capital Holdings 3,315.0

Arch Capital Group 2,631.8

Everest Reinsurance (Bermuda)

2,024.4

Endurance Specialty Holdings

1,931.4

Aspen Insurance Holdings 1,889.0

Hiscox 1,837.7

(1) Includes life, nonlife and reinsurance. Source: Axco Insurance Information Services.

INSURANCE ASSOCIATION Bermuda Insurance Institute Web: www.bii.bm


Year Population

2011 68,679

2012 69,080

2013 69,467

2014 69,839



Year GDP

2009 $4.5

2010 NA

2011 4.5

2012 4.5

2013 5.6

(1) Based on Purchasing Power Parity calculations, which take into account the relative cost of living and inflation rates of countries. GDP estimate for July for each year shown. NA=Data not available. Source: U.S. Central Intelligence Agency.


Brazil



Company BRL Mn USD Mn

Itau Seguros S.A. 4,985.7 2,312.4

Porto Seguro Companhia De Seguros Gerais

4,792.2 2,222.6

MAPFRE Seguros Gerais S.A.

3,982.1 1,846.9

Bradesco Auto/Re Companhia De Seguros

3,976.7 1,844.4

Allianz Seguros S.A. 3,027.6 1,404.2

Sul America Companhia Nacional De Seguros

2,927.1 1,357.6

Itau Seguros De Auto E Residencia S.A.

2,182.1 1,012.1

HDI Seguros S.A. 2,161.2 1,002.4

CAIXA Seguradora S.A. 1,937.4 898.6

Zurich Minas Brasil Seguros S.A.

1,822.2 845.2




Company BRL Mn USD Mn

Bradesco Vida E Previdencia S.A.

19,550.7 9,067.7

Brasilprev Seguros E Previdencia S.A.

18,046.5 8,370.0

Itau Vida E Previdencia S.A. 13,131.3 6,090.3

Zurich Santander Brasil Seguros E Previdencia S.A.

3,795.1 1,760.2

CAIXA Vida E Previdencia S.A.

3,529.4 1,637.0

Companhia De Seguros Alianca Do Brasil

3,168.0 1,469.3

Itau Seguros S.A. 1,548.6 718.3

HSBC Vida E Previdencia (Brasil) S.A.

1,375.1 637.8

ICATU Seguros S.A. 1,322.5 613.4

CAIXA Seguradora S.A. 1,055.3 489.5

Source: Axco Insurance Information Services

INSURANCE ASSOCIATION Federacao Nacional das Empresas de Seguros Privados e de Capitalizacao Web: www.fenaseg.org.br


Year Population

2011 203,429,773

2012 205,716,890

2013 201,009,622

2014 202,656,788



Year GDP

2009 $2,030.0

2010 2,024.0

2011 2,194.0

2012 2,284.0

2013 2,422.0








1.92%



Bulgaria



Company BGN Mn USD Mn

Lev Ins 182.1 123.9

Armeec 177.3 120.6

BULSTRAD Vienna Insurance Group

172.7 117.5

DZI General Insurance 141.6 96.3

Allianz Bulgaria 128.2 87.2

Euroins 118.4 80.5

Bul Ins 106.4 72.4

UNIQA 76.9 52.3

Victoria 68.8 46.8

Generali 55.3 37.6




Company BGN Mn USD Mn

Allianz Bulgaria Life 68.6 46.6

Bulstrad Life VIG 46.2 31.4

UNIQA Life 32.8 22.3

DZI Life 30.5 20.7

UBB-Alico 26.4 18.0

SyVZK 25.4 17.3

Alico Bulgaria 19.9 13.5

GRAWE Bulgaria Life 19.1 13.0

Generali Life 10.5 7.1

Groupama Life 9.2 6.3


INSURANCE ASSOCIATION Association of Bulgarian Insurers Web: www.abz.bg


Year Population

2011 7,093,635

2012 7,037,935

2013 6,981,642

2014 6,924,716



Year GDP

2009 $95.9

2010 90.4

2011 92.2

2012 101.2

2013 104.6


(U.S. $ millions)

Direct premiums

written


Life premiums 183



0.02%



Canada



Company CAD Mn USD Mn

Intact Insurance Company 5,347.9 5,352.3

Aviva Insurance Company of Canada

2,753.4 2,755.6

Security National Insurance Company

2,707.2 2,709.4

Wawanesa Mutual Insurance Company (The)

2,477.9 2,479.9

Cooperators General Insurance Company

2,095.3 2,097.0

Lloyd's Underwriters 2,094.0 2,095.7

Economical Mutual Insurance Company

1,819.7 1,821.2

Royal & Sun Alliance Insurance Company of Canada

1,600.4 1,601.7

State Farm Mutual Automobile Insurance Company

1,341.0 1,342.0

Dominion of Canada General Insurance Company (The)

1,273.5 1,274.6




Company CAD Mn USD Mn

Great-West Life Assurance Company (The)

11,950.6 11,960.3

Manufacturers Life Insurance Company (The)

8,752.2 8,759.3

Sun Life Assurance Company of Canada

8,593.8 8,600.7

Canada Life Assurance Company (The)

4,295.5 4,298.9

London Life Insurance Company 3,080.5 3,083.0

RBC Life Insurance Company 1,280.9 1,282.0

Standard Life Assurance Company of Canada (The)

1,018.6 1,019.4

Empire Life Insurance Company (The)

902.7 903.5

Transamerica Life Canada 805.2 805.9

Co-operators Life Insurance Company

794.2 794.9


INSURANCE ASSOCIATION Insurance Bureau of Canada Web: www.ibc.ca


Year Population

2011 34,030,589

2012 34,300,083

2013 34,568,211

2014 34,834,841



Year GDP

2009 $1,336.0

2010 NA

2011 1,335.0

2012 1,389.0

2013 1,518.0


(U.S. $ millions)

Direct premiums

written





2.70%



Chile



Company CLP Mn USD Mn

RSA Seguros 280,390.5 566.1

Penta Security 211,698.7 427.4

BCI Seguros 210,095.0 424.2

MAPFRE 206,830.7 417.6

Liberty Seguros 169,649.4 342.5

Magallanes 153,480.5 309.9

BNP Paribas Cardif 124,282.3 250.9

ACE Seguros 115,033.4 232.3

Chilena Consolidada 102,440.9 206.8

AIG Chile 72,157.4 145.7




Company CLP Mn USD Mn

MetLife 563,417.5 1,137.6

Chilena Consolidada 453,425.0 915.5

Consorcio Nacional 356,315.9 719.4

Sura 277,249.3 559.8

CorpVida 276,300.6 557.9

BICE Vida 260,489.1 526.0

Penta Vida 221,512.2 447.3

Security Prevision 195,378.9 394.5

Principal 190,902.3 385.5

EuroAmerica 137,092.9 276.8


INSURANCE ASSOCIATION The Chilean Insurance Association Asociacion de Aseguradores de Chile Web: http://portal.aach.cl/home.asp


Year Population

2011 16,888,760

2012 17,067,369

2013 17,216,945

2014 17,363,894



Year GDP

2009 $252.9

2010 244.3

2011 260.0

2012 281.0

2013 335.4


(U.S. $ millions)

Direct premiums

written


Life premiums 6,986



0.25%



China, People's Republic of



Company CNY Mn USD Mn

PICC Propery and Casualty

223,005.0 35,993.2

Ping An Property and Casualty

115,365.0 18,620.0

CPIC Property 81,613.2 13,172.4

China Life Property and Casualty

31,848.5 5,140.4

China United Property 29,711.5 4,795.5

China Continent Property and Casualty

19,846.0 3,203.2

Sunshine Property and Casualty

16,598.0 2,678.9

Sinosure (China Export and Credit Insurance Corporation)

14,031.2 2,264.6

Taiping General 10,799.8 1,743.1

Tianan Insurance 9,951.0 1,606.1




Company CNY Mn USD Mn

China Life 326,719.9 52,732.9

Ping An Life 146,090.9 23,579.2

New China Life 103,639.8 16,727.6

China Pacific Life 95,101.2 15,349.4

PICC Life 75,273.4 12,149.2

Taikang Life 61,123.9 9,865.4

Taiping Life 51,852.8 8,369.1

China Post Life 23,037.2 3,718.2

Sino Life 22,242.8 3,590.0

Sunshine Life 15,755.8 2,543.0


INSURANCE ASSOCIATION Insurance Association of China Web: www.iachina.cn


Year Population

2011 1,336,718,015

2012 1,343,239,923

2013 1,349,585,838

2014 1,355,692,576



Year GDP

2009 $7,800.0

2010 8,791.0

2011 9,872.0

2012 11,300.0

2013 13,370.0


(U.S. $ millions)

Direct premiums

written





5.99%



Colombia



Company COP Mn USD Mn

Suramericana 1,298,712.5 722.8

Colpatria 772,205.9 429.7

Liberty 730,081.2 406.3

Allianz 717,546.3 399.3

Estado 595,809.8 331.6

MAPFRE 583,298.5 324.6

Previsora 580,698.5 323.2

Bolivar 480,588.2 267.5

QBE 480,134.4 267.2

RSA 366,756.3 204.1




Company COP Mn USD Mn

Suramericana 1,743,500.0 970.3

Bolivar 889,400.7 495.0

MAPFRE 783,014.8 435.8

Alfa 766,401.1 426.5

ARP Sura 576,066.4 320.6

Positiva 528,948.6 294.4

Allianz 436,242.9 242.8

Colmena 372,007.2 207.0

Colpatria 367,485.2 204.5

BBVA Seguros 189,228.2 105.3


INSURANCE ASSOCIATION The Colombian Association of Insurance Agents Asociacion Colombiana de Agentes de Seguros Web: www.acoas.com.co


Year Population

2011 44,725,543

2012 45,239,079

2013 45,745,783

2014 46,245,297



Year GDP

2009 $407.2

2010 400.3

2011 431.9

2012 467.0

2013 526.5


(U.S. $ millions)

Direct premiums

written


Life premiums 3,632



0.22%

(1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2014


Costa Rica



Company CRC Mn USD Mn

INS 233,040.3 466.3

ASSA Compania de Seguros

17,521.7 35.1

MAPFRE Seguros Costa Rica

5,420.4 10.9

Qualitas Compania de Seguros (Costa Rica)

2,916.2 5.8

Aseguradora del Istmo (ADISA)

607.7 1.2

Aseguradora Sagicor Costa Rica

187.8 0.4

Oceánica de Seguros S.A 69.8 0.1




Company CRC Mn USD Mn

INS 229,157.1 458.5

PAN AMERICAN Life Insurance

14,341.8 28.7

Aseguradora del Istmo (ADISA)

6,008.4 12.0

MAPFRE Seguros Costa Rica

3,383.0 6.8

Seguros del Magisterio 2,130.6 4.3

ASSA Compania de Seguros

1,243.6 2.5

Atlantic Southern Insurance Company

904.3 1.8

Best Meridian Insurance Company

648.2 1.3

Aseguradora Sagicor Costa Rica

248.5 0.5


INSURANCE ASSOCIATION Instituto Nacional de Seguros Web: www.ins-cr.com


Year Population

2011 4,576,562

2012 4,636,348

2013 4,695,942

2014 4,755,234



Year GDP

2009 $49.7

2010 48.2

2011 51.6

2012 54.5

2013 61.4


(U.S. $ millions)

Direct premiums

written


Life premiums 139



0.02%



Croatia



Company HRK Mn USD Mn

Croatia 2,269.0 397.7

Euroherc 970.3 170.1

Allianz Zagreb 708.1 124.1

Jadransko 626.1 109.8

Triglav 290.7 51.0

Wiener Vienna Insurance Group

282.1 49.5

Generali 245.9 43.1

Basler osig. Zagreb 209.6 36.7

HOK 195.9 34.3

Uniqa 150.7 26.4




Company HRK Mn USD Mn

Allianz Zagreb 471.4 82.6

Croatia 356.1 62.4

Wiener Vienna Insurance Group

270.2 47.4

Grawe Hrvatska 246.0 43.1

Merkur 243.5 42.7

Agram zivotno 205.6 36.0

Basler osig. Zagreb 192.3 33.7

Erste VIG 139.3 24.4

Uniqa 127.3 22.3

Generali 119.9 21.0


INSURANCE ASSOCIATION Croatian Insurance Bureau Hrvatski Ured Za Osiguranje Web: www.huo.hr


Year Population

2011 4,483,804

2012 4,480,043

2013 4,475,611

2014 4,470,534



Year GDP

2009 $73.4

2010 79.2

2011 78.5

2012 80.9

2013 78.9


(U.S. $ millions)



Life premiums 445



0.03%



Cyprus


Gross written

premiums


General Insurance of Cyprus

56.2 74.7

CNP Asfalistiki 54.1 71.8

Pancyprian 31.7 42.0

Universal Life 30.3 40.3

Atlantic 24.0 31.8

AIG 23.5 31.2

Cosmos 20.1 26.7

Trust 18.1 24.1

Alpha 15.2 20.1

Prime 14.9 19.8





Eurolife 90.7 120.4

CNP Cyprialife 81.0 107.6

Universal Life 45.5 60.4

Metlife Alico 25.0 33.2

Prime 22.8 30.3

Allianz Hellas 20.6 27.4

Alpha 15.1 20.0

Hellenic Alico 11.4 15.2

Ethniki Insurance 5.8 7.7

Minerva 1.4 1.8


INSURANCE ASSOCIATION Insurance Association of Cyprus Web: www.iac.org.cy


Year Population

2011 1,120,489

2012 1,138,071

2013 1,155,403

2014 1,172,458



Year GDP

2009 $23.1

2010 22.9

2011 23.2

2012 23.8

2013 21.6


(U.S. $ millions)

Direct premiums

written


Life premiums 456



0.02%



Czech Republic



Company CZK Mn USD

Mn

Ceska pojistovna as 18,430.9 941.8

Kooperativa, pojistovna, as 15,734.2 804.0

Allianz pojistovna, as 7,168.7 366.3

Generali Pojistovna as 5,022.3 256.6

Ceska podnikatelska pojistovna, as

4,693.3 239.8

CSOB Pojistovna, as, clen holdingu CSOB

4,423.7 226.0

UNIQA pojistovna, as 4,311.2 220.3

BNP Paribas Cardif Pojistovna, as

2,025.8 103.5

AXA pojistovna as 757.0 38.7

Triglav pojistovna,as 734.9 37.6




Company CZK Mn USD Mn

Ceska pojistovna as 10,418.9 532.4

Kooperativa, pojistovna, as 6,643.4 339.5

Pojistovna ceske sporitelny, as 5,988.9 306.0

ING zivotni pojistovna NV, pobocka pro ceskou republiku

4,857.6 248.2

CSOB Pojistovna, as, clen holdingu CSOB

2,982.4 152.4

Allianz pojistovna, as 2,946.2 150.5

Generali Pojistovna as 2,798.8 143.0

MetLife pojistovna as 2,416.8 123.5

Komercni pojistovna, as 1,541.8 78.8

AXA zivotni pojistovna as 1,441.4 73.7


INSURANCE ASSOCIATION Czech Insurance Association Ceska Asociace Pojistoven Web: www.cap.cz


Year Population

2011 10,190,213

2012 10,177,300

2013 10,162,921

2014 10,627,448



Year GDP

2009 $273.7

2010 256.7

2011 262.8

2012 272.2

2013 285.6


(U.S. $ millions)

Direct premiums

written


Life premiums 3,657



0.17%



Denmark



Company DKK Mn USD Mn

Tryg Skade 20,202.6 3,487.7

Codan Forsikring 7,906.1 1,364.9

Topdanmark 6,428.6 1,109.8

Alm. Brand Forsikring 4,766.8 822.9

Sygeforsikring Danmark 2,711.3 468.1

LB Forsikring 2,273.5 392.5

Danske Forsikring 1,864.2 321.8

Alka 1,857.6 320.7

GF-Forsikring 1,536.5 265.3

Alpha Insurance 1,462.0 252.4




Company DKK Mn USD Mn

PFA Pension 20,221.3 3,491.0

Danica Pension 16,638.2 2,872.4

Nordea Liv & Pension A/S 13,959.4 2,409.9

PensionDanmark 10,653.5 1,839.2

SAMPENSION KP Livforsikring

7,836.6 1,352.9

Industriens Pensionsforsikring

6,999.3 1,208.4

AP Pension 6,876.9 1,187.2

Pen-Sam Liv 4,980.7 859.9

SEB Pensionsforsikring 4,362.5 753.1

Laerernes Pension 4,224.2 729.3


INSURANCE ASSOCIATION Danish Insurance Association Forsikring & Pension Web: www.forsikringogpension.dk


Year Population

2011 5,529,888

2012 5,543,453

2013 5,556,452

2014 5,569,077



Year GDP

2009 $213.6

2010 197.7

2011 201.4

2012 208.8

2013 211.3


(U.S. $ millions)

Direct premiums

written





0.74%



Dominican Republic



Company DOP Mn USD Mn

Universal 6,086.3 145.6

Banreservas 3,804.3 91.0

MAPFRE 3,516.5 84.1

Sura 2,708.1 64.8

Colonial 2,443.3 58.4

Constitucion 1,252.0 30.0

Monumental 644.4 15.4

Pepin 592.5 14.2

General 271.4 6.5

Dominicana 248.5 5.9




Company DOP Mn USD Mn

Universal 2,400.8 57.4

Banreservas 1,081.9 25.9

MAPFRE 954.0 22.8

Colonial 768.6 18.4

Scotia Seguros 750.3 18.0

Worldwide 679.7 16.3

Sura 368.6 8.8

Vivir (Unido) 176.8 4.2

BMI 132.7 3.2

Constitucion 129.3 3.1


INSURANCE ASSOCIATION Dominican Association of Insurers and Reinsurers Camara Dominicana de Aseguradores y Reaseguradores Inc. Web: www.cadoar.org.do


Year Population

2011 9,956,648

2012 10,088,598

2013 10,219,630

2014 10,349,741



Year GDP

2009 $83.3

2010 78.9

2011 84.9

2012 93.2

2013 101.0


(U.S. $ millions)

Direct premiums

written


Life premiums 120

Total premiums $739


0.02%



Ecuador



Company USD Mn

Equinoccial 235.3

Colonial 199.5

Sucre 187.5

ACE Seguros 185.8

MAPFRE-ATLAS 83.0

AIG Metropolitana 79.9

Liberty Seguros 73.8

Seguros Unidos 67.3

Aseguradora Del Sur 58.4

Latina Seguros 55.5




Company USD Mn

Seguros De Pichincha 99.8

Equivida 50.3

ACE Seguros 30.1

Pan American Life Insurance

25.8

Ecuatoriano Suiza 21.0

Sucre 20.8

Liberty Seguros 19.3

Colvida 18.7

Coopseguros 12.3

AIG Metropolitana 11.1


INSURANCE ASSOCIATION Asociacion de Companias de Seguros del Ecuador Web: www.acose.org


Year Population

2011 15,007,343

2012 15,223,680

2013 15,439,429

2014 15,654,411



Year GDP

2009 $107.0

2010 107.1

2011 115.3

2012 124.8

2013 157.6


(U.S. $ millions)

Direct premiums

written


Life premiums 282



0.04%



Egypt



Company EGP Mn USD Mn

Misr 3,290.9 543.4

Suez Canal 384.0 63.4

Arab Misr 301.4 49.8

Bupa International Egypt 270.7 44.7

AIG Egypt 257.8 42.6

Allianz Egypt 239.3 39.5

Egyptian Takaful 220.5 36.4

Delta 215.6 35.6

Royal 211.0 34.8

Egyptian Saudi Insurance House

158.5 26.2




Company EGP Mn USD Mn

Misr Life 1,684.8 278.2

CIL 1,069.6 176.6

Allianz Life 953.4 157.4

Pharaonic American Life (MetLife Alico)

288.6 47.7

Suez Canal 194.5 32.1

NSGB Life 154.3 25.5

Delta 124.8 20.6

Egyptian Life Takaful 85.5 14.1

Mohandes 59.8 9.9

Nile Family Takaful 8.6 1.4


INSURANCE ASSOCIATION Insurance Federation of Egypt Web: www.ifegypt.org


Year Population

2011 82,079,636

2012 83,688,164

2013 85,294,388

2014 86,895,099



Year GDP

2009 $452.5

2010 470.4

2011 500.9

2012 515.4

2013 551.4


(U.S. $ millions)

Direct premiums

written


Life premiums 800



0.04%



El Salvador

LEADING INSURANCE COMPANIES, 2012

Gross written

premiums

Company USD Mn

SISA VIDA, Seguros de Personas

74.2

Aseguradora Agricola Comercial SA (ACSA)

73.8

La Centro Americana 61.5

ASESUISA VIDA, Seguros de Personas

58.5

Seguros e Inversiones 38.9

Aseguradora Suiza Salvadorena

35.6

CHARTIS VIDA, Seguros de Personas

32.2

Scotia Seguros 32.2

Pan American Life Insurance 20.5

Seguros Comerciales Bolivar 19.1


INSURANCE ASSOCIATION Asociacion Salvadorena de Empresas de Seguros Web: www.ases.com.sv


Year Population

2011 6,071,774

2012 6,090,646

2013 6,108,590

2014 6,125,512



Year GDP

2009 NA

2010 $43.2

2011 44.0

2012 44.8

2013 47.5


(U.S. $ millions)

Direct premiums

written


Life premiums 188

Total premiums $552


0.01%



Finland




Pohjola 990.1 1,272.1

If P&C 924.7 1,188.1

Tapiola 680.3 874.1

Fennia 375.6 482.6

Mutual Insurance Associations

213.5 274.4

Lahivakuutus (Local Insurance Mutual Company)

148.2 190.4

AVakuutus Oy 100.0 128.5

Pohjantahti 87.9 113.0

Turva 84.0 107.9

Aktia 71.2 91.5





Nordea Life 1,184.7 1,522.2

Mandatum Life 947.0 1,216.8

OP Life 840.7 1,080.1

Tapiola Life 326.4 419.4

Aktia Life 111.3 143.0

Fennia Life 90.5 116.3

Duo 67.5 86.8

Kaleva 57.4 73.8

Suomi 56.4 72.4

Aurum 45.0 57.8


INSURANCE ASSOCIATION Federation of Finnish Insurance Companies Web: www.vakes.fi


Year Population

2011 5,259,250

2012 5,262,930

2013 5,266,114

2014 5,268,799



Year GDP

2009 $201.2

2010 181.4

2011 187.6

2012 195.6

2013 195.5


(U.S. $ millions)

Direct premiums

written





0.59%



France




Covéa (MAAF, MMA, GMF)

9,600.0 12,334.7

GROUPAMA 8,000.0 10,278.9

SFEREN 7,800.0 10,021.9

AXA 6,800.0 8,737.1

Allianz France 5,700.0 7,323.7

GENERALI France 4,300.0 5,524.9

Groupe Crédit Agricole Assurance

2,500.0 3,212.2

BNP Paribas Cardif 670.0 860.9

Société Générale Insurance

400.0 513.9

Covéa (MAAF, MMA, GMF)

9,600.0 12,334.7





CNP Assurances 21,500.0 27,624.5

Groupe Credit Agricole Assurances

16,200.0 20,814.8

AXA 14,400.0 18,502.0

BNP Paribas Cardif 10,200.0 13,105.6

Generali France 9,400.0 12,077.7

SOGECAP 8,400.0 10,792.8

Allianz France 7,900.0 10,150.4

Covea (MAAF, MMA, GMF)

3,600.0 4,625.5

Groupama 3,200.0 4,111.6

SFEREN 2,600.0 3,340.6


INSURANCE ASSOCIATION Insurance Federation Federation Française des Societes d'Assurances Web: www.ffsa.fr


Year Population

2011 65,312,249

2012 65,630,692

2013 65,951,611

2014 66,259,012



Year GDP

2009 $2,097.0

2010 2,113.0

2011 2,160.0

2012 2,214.0

2013 2,273.0

(1) Based on Purchasing Power Parity calculations, which take into account the relative cost of living and inflation rates of countries. GDP estimate for July for each year shown. Source: U.S. Central Intelligence Agency. LIFE AND NO NLIFE INSURANCE PREMIUMS, 2013

(U.S. $ millions)

Direct premiums

written





5.26%



Germany




Allianz Vers 9,046.0 11,622.9

AXA Vers 3,694.0 4,746.3

R+V Allgemeine Vers 3,143.0 4,038.3

HDIGerling Industrie 3,032.0 3,895.7

Allianz Global Ag 2,964.0 3,808.3

Ergo Versicherung 2,719.0 3,493.5

LVM Sach 1,757.0 2,257.5

Generali Versicherung 1,706.0 2,192.0

Wuertt Vers 1,477.0 1,897.7

PensionsSicherungsV 1,474.0 1,893.9





Allianz leben 14,558.0 18,705.0

R+V Lebensvers 4,725.0 6,071.0

AachenMuenchener Leben 4,479.0 5,754.9

Generali Leben 4,053.0 5,207.6

Zurich Dtsch. Herold 3,713.0 4,770.7

Debeka Leben 3,513.0 4,513.7

Ergo Leben Ag 3,253.0 4,179.7

Cosmos Leben 2,791.0 3,586.1

Nuernbgerger Leben 2,383.0 3,061.8

Bayern-Versicherung 2,282.0 2,932.1


INSURANCE ASSOCIATION German Insurance Association Gesamtverband der Deutschen Versicherungswirtschaft eV Web: www.gdv.de


Year Population

2011 81,471,834

2012 81,305,856

2013 81,147,265

2014 80,996,685



Year GDP

2009 $2,863.0

2010 2,812.0

2011 2,960.0

2012 3,085.0

2013 3,227.0


(U.S. $ millions)

Direct premiums

written





5.33%



Greece




Ethniki 295.4 379.6

Interamerican Property 220.8 283.7

Intersalonika General 152.8 196.4

ERGO General 136.2 175.1

ATE Insurance 132.0 169.6

European Reliance 130.9 168.2

Idrogios General 122.6 157.6

AXA 119.9 154.1


Groupama Phoenix 107.8 138.5





Ethniki 335.5 431.1

ING Life 306.9 394.4

MetLife Alico Life 263.1 338.1

Eurolife ERB Life 242.0 310.9

Interamerican Life 200.3 257.4

Credit Agricole Life 160.4 206.1


AXA 74.8 96.1

Groupama Phoenix 60.1 77.2

Generali Hellas 58.1 74.7


INSURANCE ASSOCIATION Association of Insurance Companies of Greece Web: www.eaee.gr/cms/


Year Population

2011 10,760,136

2012 10,767,827

2013 10,772,967

2014 10,775,557



Year GDP

2009 $351.3

2010 339.2

2011 321.7

2012 305.6

2013 267.1


(U.S. $ millions)

Direct premiums

written


Life premiums 2,143



0.11%



Guatemala

LEADING LIFE AND NONLIFE INSURANCE

COMPANIES, 2013


Company GTQ Mn USD Mn

Seguros El Roble, S. A. 1,356.1 172.6

Seguros G&T, S. A. 1,162.0 147.9

Aseguradora General, S. A.

529.6 67.4

MAPFRE Seguros Guatemala, S. A.

341.2 43.4

Seguros Universales, S. A.

334.3 42.6

Aseguradora Rural, S. A. 313.2 39.9

Pan-American Life Insurance de Guatemala, Compania de Seguros

273.7 34.8

Credito Hipotecario Nacional de Guatemala

236.2 30.1

Seguros Agromercantil, S. A.

182.5 23.2

Seguros de Occidente, S. A.

174.4 22.2

(1) Includes life and nonlife. Source: Axco Insurance Information Services.

INSURANCE ASSOCIATION Guatemalan Insurance Association Web: www.agis.com.gt/


Year Population

2011 13,824,463

2012 14,099,032

2013 14,373,472

2014 14,647,083



Year GDP

2012 $74.6

2013 81.5


(U.S. $ millions)

Direct premiums

written


Life premiums 135

Total premiums $679


0.01%



Hong Kong



Company HDK Mn USD Mn

AXA General 3,501.1 450.6

Zurich Insurance 2,615.0 336.6

Bupa 2,094.2 269.5

BOC Group Insurance 1,783.7 229.6

CTPI(HK) 1,782.0 229.4

AIG Insurance HK 1,712.7 220.4

QBE HKSI 1,423.0 183.1

Asia Insurance 1,415.9 182.2

CNOOC Insurance 1,409.4 181.4

MSIG Insurance 1,082.0 139.3




Company HDK Mn USD Mn

HSBC Life 43,190.0 5,558.6

AIA International 32,931.7 4,238.3

Prudential (UK) 27,132.9 3,492.0

Manulife (Int'l) 20,294.9 2,612.0

China Life 19,513.0 2,511.3

BOC Group Life 17,981.7 2,314.2

AXA China (Bermuda) 13,582.7 1,748.1

Hang Seng Insurance 11,141.2 1,433.9

FWD Life 8,015.9 1,031.6

Sun Life Hong Kong 6,385.9 821.9


INSURANCE ASSOCIATION Hong Kong Federation of Insurers Web: www.hkfi.org.hk


Year Population

2011 7,122,508

2012 7,153,519

2013 7,182,724

2014 7,112,688



Year GDP

2009 $318.2

2010 301.3

2011 327.0

2012 353.7

2013 381.7


(U.S. $ millions)

Direct premiums

written





0.78%



Hungary



Company HUF Mn USD Mn

Allianz Hungaria 79,868.9 357.0

Generali-Providencia 70,999.6 317.4

Aegon 44,823.9 200.4

Groupama Garancia 43,886.7 196.2

UNIQA 30,940.8 138.3

Union 25,415.9 113.6

K&H 17,756.2 79.4

AIG 7,820.8 35.0

MP Hungarian Post 7,703.1 34.4

KOBE 7,089.1 31.7




Company HUF Mn USD Mn

ING 70,961.2 317.2

MPE Hungarian Post Life 50,485.8 225.7

Allianz 49,494.5 221.3

Groupama Garancia 46,167.8 206.4

Generali-Providencia 39,035.2 174.5

Aegon 36,803.0 164.5

UNIQA 29,590.5 132.3

MetLife (AVIVA) 18,847.5 84.3

CIG 16,715.3 74.7

Erste 15,800.7 70.6


INSURANCE ASSOCIATION Association of Hungarian Insurance Companies MABISZ Web: www.mabisz.hu


Year Population

2011 9,976,062

2012 9,958,453

2013 9,939,470

2014 9,919,128



Year GDP

2009 $205.7

2010 186.3

2011 190.0

2012 195.9

2013 196.6


(U.S. $ millions)

Direct premiums

written


Life premiums 1,938



0.08%



India



Company INR Mn USD Mn

New India 100,379.5 1,878.5

United India 92,660.4 1,734.0

National 91,657.3 1,715.2

Oriental 65,524.0 1,226.2

ICICI Lombard 61,339.9 1,147.9

Bajaj Allianz 40,014.0 748.8

IFFCO Tokio 25,650.3 480.0

HDFC Ergo 24,532.0 459.1

Tata AIG 21,350.8 399.6

Reliance General 17,125.6 320.5




Company INR Mn USD Mn

LIC 2,088,035.8 35,510.8

ICICI Prudential 135,382.4 2,302.4

HDFC Standard 113,226.8 1,925.6

SBI Life 104,500.3 1,777.2

Bajaj Allianz 68,927.0 1,172.2

Max Life 66,387.0 1,129.0

Birla Sun Life 52,163.0 887.1

Reliance 40,453.9 688.0

Kotak Mahindra 27,777.8 472.4

TATA AIA 27,604.3 469.5


INSURANCE ASSOCIATION Insurance Institute of India Web: www.insuranceinstituteofindia.com


Year Population

2011 77,891,220

2012 78,868,711

2013 79,853,900

2014 1,236,344,631



Year GDP

2009 $3,319.0

2010 3,561.0

2011 4,046.0

2012 4,463.0

2013 4,962.0


(U.S. $ millions)

Direct premiums

written





1.41%



Indonesia



Company IDR Mn USD Mn

Sinar Mas 3,444,862.6 367.0

Astra Buana 2,992,196.5 318.8

Jasa Indonesia (Jasindo) Persero

2,867,632.2 305.5

Central Asia 2,013,799.0 214.5

Wahana Tata 1,628,089.2 173.5

Adira Dinamika 1,550,605.6 165.2

Tugu Pratama Indonesia 1,501,494.1 160.0

MSIG Indonesia 1,162,178.3 123.8

Bangun Askrida 1,141,930.3 121.7

Bina Dana Arta 924,850.2 98.5




Company IDR Mn USD Mn

Allianz Life Indonesia 47,279,571.0 5,036.9

Jiwa Sinar Mas MSIG 18,797,931.0 2,002.6

Prudential Life Assurance 18,136,902.0 1,932.2

Jiwa Manulife Indonesia 8,413,969.0 896.4

Indolife Pensiontama 6,279,758.0 669.0

Axa Mandiri Financial Services

5,670,374.0 604.1

Jiwa Bersama Bumiputera 1912

5,453,460.0 581.0

Jiwasraya (Persero) 5,174,636.0 551.3

AIA Financial 5,097,517.0 543.1

Jiwa Mega Life 3,724,326.0 396.8


INSURANCE ASSOCIATION Insurance and Reinsurance Broker Association of Indonesia Asosiasi Broker Asuransi dan Reasuransi Indonesia Web: www.apparindo.or.id


Year Population

2011 245,613,043

2012 248,216,193

2013 251,160,124

2014 253,609,643



Year GDP

2009 $932.1

2010 968.5

2011 1,033.0

2012 1,121.0

2013 1,285.0


(U.S. $ millions)

Direct premiums

written





0.40%



Iran



Company IRR Mn USD Mn

Bimeh Iran 40,017,526.0 3,769.4

Bimeh Asia 10,094,598.0 950.9

Bimeh Alborz 5,297,625.0 499.0

Bimeh Parsian 5,021,191.0 473.0

Bimeh Dana 4,632,579.0 436.4

Bimeh Tosee 3,599,837.0 339.1

Bimeh Karafarin 2,630,728.0 247.8

Bimeh Sina 2,316,118.0 218.2

Bimeh Mellat 2,089,770.0 196.9

Bimeh Day 2,069,740.0 195.0


INSURANCE ASSOCIATION Central Insurance of Iran Web: www.centinsur.ir


Year Population

2011 77,891,220

2012 78,868,711

2013 79,853,900

2014 80,840,713



Year GDP

2009 $859.7

2010 876.0

2011 863.5

2012 928.9

2013 987.1


(U.S. $ millions)

Direct premiums

written


Life premiums 796



0.21%



Ireland




Aviva Insurance (Europe) 421.9 586.5

RSA Insurance 377.6 525.0

Quinn Insurance 322.9 448.9

AXA 310.5 431.6

Allianz Plc 306.7 426.4

FBD 303.1 421.4

Zurich Insurance plc 135.0 187.6

Aviva Health 91.5 127.2

Chartis Insurance Ireland 80.0 111.3

Irish Public 79.7 110.8


LEADING INSURANCE COMPANIES, 2011



Irish Life 3,253.1 4,522.2

New Ireland 1,569.5 2,181.9

Zurich Life Assurance 1,215.7 1,689.9

Aviva Life & Pensions 610.2 848.2

Ark 564.6 784.9

Canada Life Ass. (Ireland) 435.0 604.6

Friends First Man. Pen. Funds

311.8 433.4

Friends' First Life Ass. Co.

125.8 174.9

Acorn 68.3 95.0

ECCU 48.6 67.5


INSURANCE ASSOCIATION Irish Insurance Federation Web: www.iif.ie


Year Population

2011 4,670,976

2012 4,722,028

2013 4,775,982

2014 4,832,765



Year GDP

2009 $198.5

2010 177.0

2011 172.3

2012 182.1

2013 190.4


(U.S. $ millions)

Direct premiums

written





1.20%



Israel



Company ILS Mn USD Mn

Harel 3,502.3 978.8

The Phoenix 2,354.7 658.1

Clal 2,149.2 600.6

Menora Mivtachim 1,582.9 442.4

Migdal 1,457.9 407.5

Ayalon 1,006.6 281.3

IDI 921.5 257.5

ILD 718.6 200.8

Eliahu 663.8 185.5

AIG 643.3 179.8




Company ILS Mn USD Mn

Migdal 7,189.4 2,009.3

Clal 4,645.2 1,298.2

The Phoenix 4,019.7 1,123.4

Harel 3,586.1 1,002.2

Menora Mivtachim 1,789.9 500.2

Clal Health 774.7 216.5

Dykla 622.4 174.0

I.L.D 394.8 110.4

Ayalon 324.8 90.8

Eliahu 282.2 78.9


INSURANCE ASSOCIATION Israel Insurance Association Web: www.igudbit.org.il


Year Population

2011 7,473,052

2012 7,590,758

2013 7,707,042

2014 7,821,850



Year GDP

2009 $205.7

2010 205.2

2011 217.1

2012 235.1

2013 274.5


(U.S. $ millions)

Direct premiums

written


Life premiums 7,329



0.29%



Italy




Unipol Assicurazioni 3,654.5 4,695.5

Allianz 3,540.3 4,548.8

Fondiaria Sai 3,467.9 4,455.8

Assicurazioni Generali 3,210.4 4,125.0

Compagnia Di Ass. Di Milano

2,454.8 3,154.1

Ina Assitalia 1,650.1 2,120.1

Alleanza Toro 1,646.3 2,115.2

Società Cattolica 1,468.3 1,886.6

Axa Assicurazioni 1,448.3 1,860.9

Società Reale Mutua 1,392.4 1,789.1





Poste Vita 10,516.7 13,512.5

Mediolanum Vita 7,808.5 10,032.9

Intesa Sanpaolo Vita 5,120.7 6,579.4

Fideuram Vita 4,840.6 6,219.5

Alleanza Toro 4,034.2 5,183.4

Assicurazioni Generali 3,697.4 4,750.7

INA Assitalia 2,741.0 3,521.7

Cardif Vita 2,661.2 3,419.2

Allianz 2,655.8 3,412.3

CreditRas Vita 2,371.6 3,047.2


INSURANCE ASSOCIATION Italian Association of Insurance Companies Associazione Nazionale fra le Imprese Assicuratrici Web: www.ania.it


Year Population

2011 61,016,804

2012 61,261,254

2013 61,482,297

2014 61,680,122



Year GDP

2009 $1,801.0

2010 1,756.0

2011 1,782.0

2012 1,826.0

2013 1,805.0


(U.S. $ millions)

Direct premiums

written





3.63%



Jamaica



Company JMD Mn USD Mn

Advantage General 4,794.0 54.0

Jamaica International 3,988.8 44.9

General Accident (GA) 3,789.0 42.7

West Indies Alliance 3,310.2 37.3

British Caribbean (BCIC) 3,239.2 36.5

JN General Insurance 2,968.2 33.4

Insurance Company of the West Indies

2,863.5 32.3

Globe 2,346.7 26.4

Chartis 1,798.4 20.3

Key 710.8 8.0




Company JMD Mn USD Mn

Sagicor Life Jamaica 19,530.2 220.1

Guardian Life 8,882.6 100.1

Scotia Life Jamaica 1,732.7 19.5

NCB Insurance 1,656.1 18.7

CUNA Mutual 1,337.4 15.1


INSURANCE ASSOCIATION The Insurance Association of Jamaica Web: www.iaj-online.com


Year Population

2011 2,868,380

2012 2,889,187

2013 2,909,714

2014 2,930,050



Year GDP

2009 $21.6

2010 23.4

2011 23.9

2012 24.6

2013 25.1


(U.S. $ millions)

Direct premiums

written


Life premiums 246

Total premiums $683


0.01%



Japan



Company JYP Mn USD Mn

Tokio Marine & Nichido 2,123,797.9 26,617.2

Mitsui Sumitomo 1,536,901.3 19,261.7

Sompo Japan 1,517,884.5 19,023.4

Aioi Nissay Dowa 1,243,701.3 15,587.1

Nipponkoa 728,297.3 9,127.6

Fuji 307,197.6 3,850.1

AIU 242,722.5 3,042.0

Kyoei 203,270.2 2,547.6

Nisshin 150,313.7 1,883.9

American Home 83,026.5 1,040.6




Company JPY Mn USD Mn

Nippon 5,341,477.0 66,943.8

Japan Post 3,796,214.0 47,577.3

Meiji Yasuda 3,651,060.0 45,758.1

Sumitomo 3,140,241.0 39,356.1

Dai-ichi 2,912,020.0 36,495.9

Aflac 1,985,672.0 24,886.1

MetLife Alico 1,282,964.0 16,079.2

Taiyo 1,018,215.0 12,761.1

Prudential Gibraltar Financial

962,872.0 12,067.5

Sony 924,472.0 11,586.3


INSURANCE ASSOCIATION General Insurance Association of Japan Web: www.sonpo.or.jp/en


Year Population

2011 126,475,664

2012 127,368,088

2013 127,253,075

2014 127,103,388



Year GDP

2009 $4,487.0

2010 4,141.0

2011 4,338.0

2012 4,389.0

2013 4,729.0


(U.S. $ millions)

Direct premiums

written





11.45%



Jordan



Company JOD Mn USD Mn

Arab Orient Insurance 77.6 109.3

Jordan Insurance 35.8 50.4

Middle East Insurance 30.2 42.5

First Insurance 21.3 30.0

Jordan French Insurance 20.6 29.0

Jordan Emarets Insurance

18.1 25.5

Islamic Insurance 15.7 22.1

Euro Arab Insurance Group

15.3 21.6

Jordan International Insurance

15.2 21.5

Jerusalem Insurance 14.5 20.4




Company JOD Mn USD Mn

American Life Insurance 11.9 16.7

Jordan Insurance 10.6 14.9

Al Nisr Insurance 9.0 12.7

Middle East Insurance 3.1 4.4

Islamic Insurance 2.8 3.9

Arabia Insurance-Jordan 1.7 2.4

Arab Life and Accident Insurance

1.1 1.5

United Insurance 0.9 1.2

Jordan French Insurance 0.8 1.2

Arab German Insurance 0.6 0.8


INSURANCE ASSOCIATION Jordan Insurance Federation Web: www.joif.org


Year Population

2011 6,508,271

2012 6,508,887

2013 6,482,081

2014 7,930,491



Year GDP

2009 $31.0

2010 33.1

2011 33.8

2012 36.8

2013 40.0


(U.S. $ millions)

Direct premiums

written


Life premiums 66

Total premiums $686


0.01%



Kazakhstan



Company KZT Mn USD Mn

Eurasia 27,082.2 181.6

Kaspi Insurance 22,701.7 152.3

Halyk-Kazakhinstrakh 17,485.2 117.3

NOMAD Insurance 14,095.5 94.5

Oil Insurance Company 10,215.7 68.5

Tsesnabank 9,632.7 64.6

NOMAD Life 8,764.9 58.8

Kazkommerts-Policy 8,336.4 55.9

BTA Insurance 6,496.1 43.6

London Almaty 4,866.6 32.6




Company KZT Mn USD Mn

Kazkommerts-Life 9,912.5 66.5

Nomad Life 9,606.9 64.4

BTA Life 8,534.7 57.2

Halyk-Life 8,475.2 56.8

Generali Life 8,124.9 54.5

State Annuity Company 5,325.5 35.7

Alliance-Life Insurance 2,460.8 16.5



Year Population

2011 15,522,373

2012 17,522,010

2013 17,736,896

2014 17,948,816



Year GDP

2009 $184.3

2010 175.1

2011 197.7

2012 214.5

2013 243.6


(U.S. $ millions)

Direct premiums

written


Life premiums 372



0.04%



Kenya



Company KES Mn USD Mn

Jubilee 8,651.5 100.3

CIC General 8,058.2 93.5

UAP Insurance 7,686.0 89.1

APA 6,554.0 76.0

ICEA Lion General 4,563.5 52.9

British American 3,826.4 44.4

Heritage 3,549.1 41.2

AIG Kenya 3,504.7 40.7

First Assurance 3,242.8 37.6

GA 3,088.7 35.8




Company KES Mn USD Mn

British American 8,027.3 93.1

Jubilee 6,812.9 79.0

ICEA Lion Life 6,456.3 74.9

Pan Africa 5,570.4 64.6

CFC Life 4,096.0 47.5

CIC Life 3,003.1 34.8

Kenindia 2,118.6 24.6

UAP Life 1,851.6 21.5

Old Mutual 1,441.9 16.7

Madison 1,244.1 14.4


INSURANCE ASSOCIATION The Association of Kenya Insurers Web: www.akinsure.com


Year Population

2011 41,070,934

2012 43,013,341

2013 44,037,656

2014 45,010,056



Year GDP

2009 $66.5

2010 63.5

2011 66.0

2012 71.5

2013 79.9


(U.S. $ millions)

Direct premiums

written


Life premiums 520



0.03%



Kuwait



Company KWD Mn USD Mn

Kuwait Insurance Company 26.8 95.7

Gulf Insurance Company 23.8 85.1

Warba Insurance Company 20.7 74.0

Al-Ahleia Insurance Company

19.3 68.7

Bahrain Kuwait Insurance Company

7.6 27.3

National Takaful Insurance Company

5.5 19.7

Enaya Insurance Company 5.4 19.3

First Takaful Insurance Company

5.0 17.7

Oriental Insurance Company 4.2 14.9

Al-Muthanna Takaful Insurance

3.9 13.8




Company KWD Mn USD Mn

Gulf Life Insurance Company 42.0 149.9

MetLife Alico Kuwait 11.8 42.1

Al-Ahleia Insurance Company

7.1 25.5

Kuwait Insurance Company 5.5 19.6

Al-Muthanna Takaful Insurance Company

3.4 12.3

Warba Insurance Company 3.2 11.2

Legal and General Gulf 2.2 7.8

Gulf Takaful Insurance Company

1.8 6.5

Boubyan Takaful Insurance Company

1.6 5.7

Arabia Insurance Company 1.4 4.9



Year Population

2011 2,595,628

2012 2,646,314

2013 2,695,316

2014 2,742,711



Year GDP

2009 $157.9

2010 148.7

2011 144.3

2012 149.8

2013 165.8


(U.S. $ millions)

Direct premiums

written


Life premiums 182

Total premiums $952


0.02%



Lebanon



Company LBP Mn USD Mn

Medgulf 160,756.0 106.6

Bankers 123,834.7 82.2

AXA M.E. 119,384.5 79.2

Libano-Suisse 95,466.3 63.3

Arope 80,492.1 53.4

Allianz SNA 76,618.9 50.8

Fidelity 74,008.1 49.1

LIA (Lib-Arabe) 60,349.6 40.0

Al-Mashrek 51,560.9 34.2

Arabia 42,960.4 28.5




Company LBP Mn USD Mn

ALICO - Metlife 113,202.3 75.1

Allianz SNA 79,678.8 52.9

Bancassurance 70,906.0 47.0

LIA (Lib-Arabe) 62,096.6 41.2

Arope 59,561.9 39.5

Adonis (ADIR) 46,675.2 31.0

Medgulf 19,771.7 13.1

Sogecap 17,647.4 11.7


INSURANCE ASSOCIATION Insurance Association Association des Compagnies d'Assurances au Liban Web: www.acal.org.lb


Year Population

2011 4,143,101

2012 4,140,289

2013 4,131,583

2014 5,882,562



Year GDP

2009 $44.1

2010 47.8

2011 58.7

2012 61.6

2013 64.3


(U.S. $ millions)

Direct premiums

written


Life premiums 469



0.03%



Liechtenstein

No data available for leading writers. INSURANCE ASSOCIATION

Liechtensteinischer Versicherungsverband Web: www.lvv.li


Year Population

2011 35,236

2012 36,713

2013 37,009

2014 37,313



Year GDP

2009 $4.2

2010 4.2

2011 5.0

2012 5.0

2013 3.2


(U.S. $ millions)

Direct premiums

written


Life premiums 2,643



0.08%



Lithuania



Company LTL Mn USD Mn

Lietuvos Draudimas 409.9 157.6

BTA 186.8 71.8

PZU Lietuva 179.7 69.1

Ergo Lietuva 154.7 59.5

Gjensidige Baltic 103.1 39.6

If P&C 92.4 35.5

Compensa Vienna 51.6 19.8

Seesam Lietuva 48.1 18.5

Swedbank 14.6 5.6

Vereinigte Hagel 13.9 5.4




Company LTL Mn USD Mn

Swedbank Elu 136.8 52.6

SEB gyvybes 132.9 51.1

Aviva Lietuva 127.2 48.9

Ergo Lietuva gyvybes 73.9 28.4

Compensa Life Vienna 61.4 23.6

Mandatum Life 58.1 22.3

PZU Lietuvagyvybes 26.1 10.0

Bonum Publicum 18.5 7.1

AMPLICO Life 18.1 7.0

Liteuvos Draudimas 0.1 0.0


INSURANCE ASSOCIATION Association of Lithuanian Insurers Web: www.draudikai.lt/lt


Year Population

2011 3,535,547

2012 3,525,761

2013 3,515,858

2014 3,505,738



Year GDP

2009 $65.8

2010 NA

2011 56.2

2012 61.3

2013 67.4


(U.S. $ millions)

Direct premiums

written


Life premiums 207

Total premiums $595


0.01%



Luxembourg




Foyer Assurances 289.8 372.4

La Luxembourgeoise 210.6 270.6

AXA Assurances Luxembourg

101.7 130.6

Baloise Assurances Luxembourg

62.3 80.1

P&V Assurances 26.5 34.0

DKV Luxembourg 26.4 33.9

Chartis Europe (AIG) 22.8 29.3

Allianz Insurance Luxembourg

20.4 26.3

Foyer Sante 14.5 18.7

Foyer Arag 8.2 10.6





Swiss Life (Luxembourg) 181.5 233.3

Sogelife 153.8 197.7

La Luxembourgoise Vie 132.2 169.8

Foyer Vie 108.3 139.1

Cardif Lux Vie 90.5 116.3

Allianz Life Luxembourg 69.1 88.8

AXA Assurances Vie Luxembourg

53.3 68.5

ING Life Luxembourg 48.8 62.7

Baloise Vie Luxembourg 48.4 62.2

Dexia Life & Pensions 28.4 36.5


INSURANCE ASSOCIATION Insurance Companies' Association Web: www.aca.lu


Year Population

2011 503,302

2012 509,074

2013 514,862

2014 520,672



Year GDP

2009 $41.4

2010 38.1

2011 40.8

2012 43.6

2013 42.7


(U.S. $ millions)

Direct premiums

written





0.64%



Macau

No data available for leading writers. INSURANCE ASSOCIATION

Macao Insurers’ Association Web: www.mia-macau.com


Year Population

2011 573,003

2012 578,025

2013 583,003

2014 587,914



Year GDP

2009 NA

2010 NA

2011 $18.5

2012 18.5

2013 47.2


(U.S. $ millions)

Direct premiums

written


Life premiums 468

Total premiums $674


0.01%



Malaysia



Company MYR Mn USD Mn

Allianz General 1,674.0 541.9

MSIG 1,326.2 429.4

Etiqa 1,292.1 418.3

Kurnia 1,120.8 362.9

Lonpac 951.4 308.0

Tokio Marine 910.1 294.7

AXA Affin General 826.9 267.7

ACE Jerneh 748.2 242.2

AmG 692.2 224.1

AIG Malaysia 580.6 188.0




Company MYR Mn USD Mn

Great Eastern 5,780.0 1,888.9

Prudential 4,359.6 1,424.7

ING 2,486.1 812.5

AIA Bhd 2,411.4 788.0

Hong Leong 1,674.6 547.2

Allianz Life 1,129.4 369.1

Etiqa 608.2 198.8

MCIS Zurich 587.3 191.9

Tokio Marine Life 475.2 155.3

ZURICH 466.7 152.5


INSURANCE ASSOCIATION General Insurance Association of Malyasia Web: www.piam.org.my


Year Population

2011 28,728,607

2012 29,179,952

2013 29,628,392

2014 30,073,353



Year GDP

2009 $397.5

2010 378.9

2011 416.7

2012 447.0

2013 525.0


(U.S. $ millions)

Direct premiums

written


Life premiums 9,985



0.33%



Malta



Company MTL Mn USD Mn

Middlesea 12.3 35.6

Gasan Mamo 9.3 26.9

Atlas 7.0 20.2

Elmo 5.3 15.3

Citadel 3.3 9.5




Company MTL Mn SD Mn

Middlesea Valletta 39.3 113.6

HSBC Life 17.0 49.1

GlobalCapital 3.8 11.0

Middlesea Insurance 0.6 1.7

Citadel 0.3 0.9


INSURANCE ASSOCIATION Malta Insurance Association Web: www.maltainsurance.org


Year Population

2011 408,333

2012 409,836

2013 411,277

2014 412,655



Year GDP

2009 NA

2010 $9.7

2011 11.8

2012 10.9

2013 11.5


(U.S. $ millions)

Direct premiums

written


Life premiums 1,365



0.07%



Mauritius



Company MUR Mn USD Mn

Swan 1,679.3 55.9

MUA 1,540.0 51.3

Mauritian Eagle 739.4 24.6

SICOM 562.6 18.7

New India 381.0 12.7

Phoenix 242.1 8.1

Jubilee 241.0 8.0

Sun 203.9 6.8

Lamco 181.0 6.0

Lamco 163.8 5.3




Company MUR Mn USD Mn

BAI 6,048.9 201.3

SICOM 3,792.3 126.2

Anglo 2,685.4 89.4

LPM 635.4 21.1

LIC 337.6 11.2

Island Life 186.7 6.2

Mauritian Eagle 184.8 6.2

Phoenix 17.4 0.6

IOGA 5.4 0.2

Lamco 4.3 0.1


INSURANCE ASSOCIATION Financial Services Commission Web: www.fscmauritius.org/ POPULATION, 2011-2014 (1)

Year Population

2011 1,303,717

2012 1,313,095

2013 1,322,238

2014 1,331,155



Year GDP

2009 NA

2010 $15.9

2011 NA

2012 NA

2013 21.0


(U.S. $ millions)

Direct premiums

written


Life premiums 476

Total premiums $688


0.01%



Mexico



Company MXN Mn USD Mn

Inbursa 17,613.7 1,379.1

AXA Seguros 16,897.1 1,323.0

Qualitas 14,956.9 1,171.1

GNP 10,815.4 846.8

Mapfre Mexico 7,905.1 618.9

Banorte Generali 6,957.6 544.8

Aba/Seguros 6,033.7 472.4

Zurich Danos 5,450.7 426.8

BBVA Bancomer 4,936.8 386.5

Atlas 3,898.9 305.3




Company MXN Mn USD Mn

Metlife Mexico 48,329.6 3,784.0

GNP 31,335.2 2,453.4

BBVA Bancomer 19,440.0 1,522.1

Banamex 19,216.5 1,504.6

Monterrey New York Life 16,941.5 1,326.5

Banorte Generali 15,382.5 1,204.4

AXA Seguros 13,595.9 1,064.5

Zurich Santander 7,101.7 556.0

Inbursa 6,126.5 479.7

Allianz Mexico 5,475.0 428.7


INSURANCE ASSOCIATION Mexican Association of Insurance Institutions Asociacion Mexicana de Instituciones de Seguros AC Web: www.amis.com.mx


Year Population

2011 113,724,226

2012 114,975,406

2013 116,220,947

2014 120,286,655



Year GDP

2009 $1,578.0

2010 1,473.0

2011 1,560.0

2012 1,657.0

2013 1,845.0


(U.S. $ millions)

Direct premiums

written





0.59%



Morocco



Company MAD Mn USD Mn

RMA Watanya 2,739.4 317.5

Wafa Assurance 2,708.5 313.9

CNIA Saada Insurance 2,699.0 312.8

AXA Assurance Maroc 2,658.4 308.1

Sanad 1,229.4 142.5

Atlanta 1,182.3 137.0

Zurich 1,059.3 122.8

CAT 657.1 76.2

MAMDA 623.2 72.2

MCMA 408.0 47.3




Company MAD Mn USD Mn

Wafa Assurance 3,019.5 349.9

RMA Watanya 2,345.7 271.9

Marocaine Vie 1,023.4 118.6

MCMA 825.3 95.7

AXA Assurance Maroc 789.5 91.5

CNIA Saada Insurance 393.2 45.6

Sanad 209.2 24.2

Atlanta 149.3 17.3

Zurich 21.2 2.5


INSURANCE ASSOCIATION Federation Marocaine des Societes d'Assurances et de Reassurance Web: www.fmsar.org.ma


Year Population

2011 31,968,361

2012 32,309,239

2013 32,649,130

2014 32,987,206



Year GDP

2009 $137.4

2010 146.7

2011 153.8

2012 163.0

2013 180.0


(U.S. $ millions)

Direct premiums

written


Life premiums 930



0.06%



Namibia



Company ZAR Mn USD Mn

Santam 373.0 44.0

M&F 339.9 40.1

Hollard 242.1 28.6

Corporate Guarantee 127.3 15.0

Western 91.0 10.7

Legal Shield 48.6 5.7

Swabou 46.8 5.5

Prosperity 30.2 3.6

Guardrisk 29.2 3.5

NASRIA 14.0 1.7




Company NAD Mn USD Mn

OMLAC 1,798.7 212.3

Sanlam Life Namibia 751.0 88.6

Metropolitan 488.7 57.7

Sanlam Namibia 458.1 54.1

Investment Solutions 331.4 39.1

Momentum 183.0 21.6

Prosperity 74.9 8.8

PPS 60.7 7.2

Namlife 60.3 7.1

Trustco Life 44.3 5.2


INSURANCE ASSOCIATION Namibia Insurance Association Web: www.mbendi.com


Year Population

2011 2,147,585

2012 2,165,828

2013 2,182,852

2014 2,198,406



Year GDP

2009 $11.6

2010 NA

2011 14.6

2012 15.5

2013 17.8


(U.S. $ millions)

Direct premiums

written


Life premiums 664

Total premiums $944


0.02%



Netherlands




Centrale Zorgverzekeraars Groep, Zorgverzekeraar ua OWM

5,398.2 6,935.9

Zilveren Kruis Achmea Zorgverzekeringen NV

5,382.9 6,916.3

VGZ Zorgverzekeraar NV 4,976.7 6,394.4

Menzis Zorgverzekeraar NV 3,839.1 4,932.7

Agis Zorgverzekeringen NV 3,049.4 3,918.1

Achmea Schadeverzekeringe n NV

3,007.7 3,864.5

Unive Zorg NV 1,735.7 2,230.1

IZA Zorgverzekeraar NV 1,464.1 1,881.2

Nationale-Nederlan den Schadeverzekering Maatschappij NV

1,351.9 1,737.0

Delta Lloyd Schadeverzekering NV

1,235.5 1,587.4





Nationale-Nederlanden Levensverzekering Maatschappij NV

3,185.3 4,092.6

SRLEV NV 2,436.3 3,130.3

AEGON Levensverzekering NV 2,175.8 2,795.7

Achmea Pensioen-en Levensverzekeringen NV

2,009.9 2,582.5

Delta Lloyd Levensverzekering NV

1,957.8 2,515.4

ASR Levensverzekering NV 1,865.6 2,397.1

ABN AMRO Levensverzekering NV

372.9 479.1

DELA Natura Uitvaart Verzekeringen NV

335.5 431.1

Allianz Nederland Levensverzekering NV

264.2 339.4

Loyalis Leven NV 248.7 319.6


INSURANCE ASSOCIATION Insurance Companies Association Verbond Van Verzekeraars Web: www.verzekeraars.nl/Paginas/Home.aspx


Year Population

2011 16,847,007

2012 16,730,632

2013 16,805,037

2014 16,877,351



Year GDP

2009 $687.5

2010 652.3

2011 680.4

2012 705.7

2013 696.3


(U.S. $ millions)

Direct premiums

written





2.18%



New Zealand



Company NZD Mn USD Mn

IAG New Zealand 1,817.9 1,472.8

Vero Insurance 1,126.9 913.0

Lumley General Insurance (NZ)

433.6 351.3

Tower Insurance 211.1 171.0

AIG Insurance NZ 165.0 133.7

Farmers' Mutual Insurance Group

164.2 133.1

Allianz New Zealand 140.6 113.9

ACE Insurance 130.4 105.7

AMI Insurance 112.5 91.2

Medical Insurance Society 74.4 60.3




Company NZD Mn USD Mn

Sovereign Assurance 590.3 484.1

AMP Financial Services 437.1 358.4

Fidelity Life Assurance 206.8 169.6

Asteron Life 192.7 158.0

OnePath 169.4 138.9

Westpac Life lnsurance 117.6 96.4

AlA New Zealand 95.9 78.6

BNZ Life 84.4 69.2

CIGNA Life Insurance 80.7 66.2

Partners Life 70.1 57.5


INSURANCE ASSOCIATION Insurance Council of New Zealand Web: www.icnz.org.nz


Year Population

2011 4,290,347

2012 4,327,944

2013 4,365,113

2014 4,401,916



Year GDP

2009 $118.9

2010 116.5

2011 119.2

2012 123.3

2013 136.0


(U.S. $ millions)

Direct premiums

written


Life premiums 1,694



0.24%



Nigeria



Company NGN Mn USD Mn

Leadway 19,600.4 126.7

Custodian and Allied 10,061.0 65.0

AIICO 8,427.3 54.5

NEM 8,220.5 53.1

Mansard 7,637.0 49.4

Industrial and General 6,672.4 43.1

STACO 6,485.5 41.9

Sovereign Trust 6,407.7 41.4

Royal Exchange 5,887.4 38.1

Zenith General 5,648.8 36.5



Gross written

premiums

Company NGN Mn USD Mn

AIICO 10,017.4 64.7

Niger Insurance 4,760.6 30.8

Mutual Benefit 4,602.2 29.7

Leadway 4,485.4 29.0

Industrial and General 3,927.6 25.4

Capital Express 3,357.8 21.7

Mansard 2,367.7 15.3

CrystaLife 2,289.6 14.8

Standard Alliance Life Assurance

2,157.3 13.9

African Alliance 1,827.9 11.8


INSURANCE ASSOCIATION Nigerian Insurers Association Web: www.nigeriainsurers.org


Year Population

2011 155,215,573

2012 170,123,740

2013 174,507,539

2014 177,155,754



Year GDP

2009 $328.1

2010 353.2

2011 369.8

2012 414.5

2013 478.5


(U.S. $ millions)

Direct premiums

written


Life premiums 457



0.04%



Norway



Company NOK Mn USD Mn

If Skadeforsikring 12,256.3 2,086.2

Tryg 7,369.1 1,254.3

SpareBank 1 Forsikring 5,160.0 878.3

DNB Forsikring 2,331.4 396.8

Eika Forsikring 2,115.5 360.1

Codan 1,445.3 246.0

Protector Forsikring 1,250.8 212.9

Frende Skadeforsikring 1,101.4 187.5

Storebrand 891.7 151.8

If Skadeforsikring 12,256.3 2,086.2




Company NOK Mn USD Mn

KLP 24,931.2 4,243.6

DNB Livsforsikring 19,708.7 3,354.7

Storebrand Livsforsikring 15,559.4 2,648.4

Nordea Liv 7,358.1 1,252.4

Oslo Pensjonsforsikring 3,683.5 627.0

SpareBank 1 3,619.0 616.0

Gjensidige Pensjon 1,599.1 272.2

Danica Pensjonsforsikring 1,490.6 253.7

Gjensidige Forsikring 1,419.0 241.5

Tryg Fors 557.9 95.0


INSURANCE ASSOCIATION Norweigan Insurance Association Finansnaeringens Hovedorganisasjon Web: www.fnh.no


Year Population

2011 4,691,849

2012 4,707,270

2013 4,722,701

2014 5,147,792



Year GDP

2009 $267.0

2010 276.5

2011 276.4

2012 264.5

2013 282.2


(U.S. $ millions)

Direct premiums

written





0.52%



Oman



Company OMR Mn USD Mn

Dhofar Insurance Company

62.4 162.2

National Life Insurance 56.0 145.5

Oman United Insurance 40.3 104.8

Al Ahlia Insurance Company

34.4 89.5

The New India Assurance 29.5 76.5

AXA Insurance 20.9 54.3

Oman & Qater Insurance 18.8 48.8

Al MaDina Insurance 17.7 46.0

Falcon Insurance 13.1 33.9

Vision Insurance 12.7 33.0




Company OMR Mn USD Mn

Dhofar Insurance Company 62.4 162.2

National Life Insurance 56.0 145.5

Oman United Insurance 40.3 104.8

Al Ahlia Insurance Company 34.4 89.5

The New India Assurance 29.5 76.5


Oman & Qater Insurance 18.8 48.8

Al MaDina Insurance 17.7 46.0

Falcon Insurance 13.1 33.9

Vision Insurance 12.7 33.0


INSURANCE ASSOCIATION Capital Markets Authority Web: omancma.org


Year Population

2011 3,027,959

2012 3,090,150

2013 3,154,134

2014 3,219,775



Year GDP

2009 $67.5

2010 69.4

2011 76.5

2012 80.9

2013 94.9


(U.S. $ millions)

Direct premiums

written


Life premiums 88

Total premiums $947


0.02%



Pakistan



Company PKR Mn USD Mn

EFU General 12,360.0 132.3

Adamjee Insurance 8,188.0 87.7

New Jubilee 6,007.9 64.3

IGI 1,846.9 19.8

Atlas (excl Muslim Insurance)

1,500.3 16.1

United Insurance of Pakistan

1,422.9 15.2

Askari General 1,413.6 15.1

New Hampshire 1,399.6 15.0

Premier Insurance of Pakistan

1,069.0 11.5

Alfalah 1,060.2 11.4




Company PKR Mn USD Mn

State Life 53,913.0 577.3

Jubilee Life 12,080.2 129.3

EFU Life 11,873.8 127.1

ALICO 4,170.4 44.7

Adamjee Life 2,297.2 24.6

Asia Care Health 669.9 7.2


INSURANCE ASSOCIATION Insurance Association of Pakistan Web: www.iap.net.pk


Year Population

2011 187,342,721

2012 190,291,129

2013 193,238,868

2014 196,174,380



Year GDP

2009 $454.2

2010 448.1

2011 451.2

2012 488.0

2013 574.1


(U.S. $ millions)

Direct premiums

written


Life premiums 1,048



0.04%



Panama



Company USD Mn

ASSA 130.2

Internacional de Seguros 120.7

MAPFRE 87.3

Assicurazioni Generali 60.5

Aseguradora Ancon 55.8

Nacional de Seguros de Panama y Centroamerica

40.0

Suramericana 35.8

AIG Seguros Panama 31.1

Banesco Seguros 29.9

Seguros Banistmo 28.0




Company USD Mn

Pan American Life Insurance de Panama

83.6

Internacional de Seguros 82.5

MAPFRE 77.8

ASSA 77.1

Assicurazioni Generali 46.2

Seguros Banistmo 25.2

World Wide Medical Assurance

21.3

Aseguradora Ancon 14.6

Suramericana 14.2

Empresa General de Seguros

12.9


INSURANCE ASSOCIATION Panamanian Insurance Association Asociacion Panamena de Aseguradores Web: www.bnamericas.com


Year Population

2011 3,460,462

2012 3,510,045

2013 3,559,408

2014 3,608,431



Year GDP

2009 $39.3

2010 40.3

2011 44.8

2012 48.8

2013 61.5


(U.S. $ millions)

Direct premiums

written


Life premiums 280



0.03%



Peru



Company PEN Mn USD Mn

Rimac 2,087.5 773.2

Pacifico Seguros Generales

1,257.4 465.7

MAPFRE Peru 751.5 278.3

La Positiva 603.0 223.3

El Pacifico Vida 118.0 43.7

MAPFRE Peru Vida 101.5 37.6

ACE 92.9 34.4

Interseguro 65.0 24.1

Cardif 54.7 20.3

Secrex 27.1 10.0




Company PEN Mn USD Mn

El Pacifico Vida 1,025.7 379.9

Rimac 902.6 334.3

Seguros Sura 540.2 200.1

Interseguro 499.4 185.0

La Positiva Vida 400.6 148.4

MAPFRE Peru Vida 189.6 70.2

Protecta 128.8 47.7

Cardif 98.2 36.4

ACE 47.5 17.6

Rigel 24.8 9.2


INSURANCE ASSOCIATION Asociacion Peruana de Empresas de Seguros Web: www.apeseg.org.pe


Year Population

2011 29,248,943

2012 29,549,517

2013 29,849,303

2014 30,147,935



Year GDP

2009 $238.9

2010 253.4

2011 277.2

2012 299.7

2013 344.0


(U.S. $ millions)

Direct premiums

written


Life premiums 1,548



0.07%



Philippines



Company PHP Mn USD Mn

Malayan Insurance 6,777.8 160.5

Prudential Guarantee 5,029.6 119.1

BPI/MS 4,632.4 109.7

Pioneer Insurance 4,399.0 104.2

Chartis 2,995.4 70.9

Charter Ping AN 2,893.7 68.5

Federal Phoenix 2,553.4 60.5

UCPB General 2,395.6 56.7

Standard Insurance 2,172.4 51.4

MAPFRE Insular 1,914.8 45.3




Company PHP Mn USD Mn

Sun Life 20,059.1 475.0

Pru Life 15,594.5 369.3

Philam Life 15,291.0 362.1

Philippine AXA 12,276.9 290.7

Ayala Life-BPI-Philam 11,466.8 271.5

Insular Life 9,196.4 217.8

Manulife 7,484.9 177.3

Grepalife Financial 5,822.7 137.9

Manulife China Bank 4,512.5 106.9

PNB Life 3,932.8 93.1


INSURANCE ASSOCIATION Philippine Insurers and Reinsurers Association Web: www.pirainc.org


Year Population

2011 101,833,938

2012 103,775,002

2013 105,720,644

2014 107,668,231



Year GDP

2009 $327.2

2010 324.9

2011 353.2

2012 393.4

2013 454.3


(U.S. $ millions)

Direct premiums

written


Life premiums 4,060



0.11%



Poland



Company PLN Mn USD Mn

PZU 8,274.2 2,618.4

ERGO Hestia 3,417.6 1,081.5

WARTA 3,001.4 949.8

Allianz Polska 1,797.2 568.7

UNIQA 1,117.8 353.7

InterRisk 1,081.4 342.2

Compensa 1,043.2 330.1

Generali 970.9 307.3

Europa 712.0 225.3

Moje Towarzystwo Ubezpieczen

691.2 218.7




Company PLN Mn USD Mn

PZU Zycie 8,843.0 2,798.4

Open Life 2,633.7 833.4

TUnZ Warta 2,223.5 703.6

ING TUnZ 2,036.2 644.4

Amplico AIG 1,987.2 628.9

Aviva 1,864.3 590.0

TUnZ EUROPA 1,792.3 567.2

Benefia TUnZ Vienna Insurance Group

1,681.3 532.1

Nordea Polska 1,255.9 397.4

AXA Zycie 1,192.3 377.3


INSURANCE ASSOCIATION Polska Izba Ubezpieczen Polish Chamber of Insurance Web: www.piu.org.pl


Year Population

2011 38,441,588

2012 38,415,284

2013 38,383,809

2014 38,346,279

(1) Estimated. Source: U.S. Central Intelligence Agency


Year GDP

2009 $684.5

2010 686.2

2011 725.2

2012 765.6

2013 814.0


(U.S. $ millions)

Direct premiums

written


Life premiums 8,355



0.39%



Portugal




Fidelidade 961.2 1,276.2

Tranquilidade 318.8 423.3

Allianz Portugal 311.4 413.4

AXA Portugal Seguros 290.6 385.9

Acoreana 267.0 354.6

Zurich Insurance 245.5 326.0

Liberty Seguros 241.1 320.2

Ocidental 228.7 303.6

Lusitania Seguros 169.1 224.5

Generali Seguros 130.8 173.7





Fidelidade 2,517.4 3,342.4

BES-Vida 1,996.7 2,651.1

Ocidental Vida 1,486.0 1,973.0

BPI Vida 826.3 1,097.1

Santander Totta Seguros 545.1 723.8

CA Vida 384.0 509.8

Allianz Portugal 232.2 308.3

Eurovida 182.2 241.9

CNP Barclays Vida Y Pensiones

155.1 205.9

Acoreana 139.8 185.6


INSURANCE ASSOCIATION Portuguese Insurance Companies Association Associacao Portuguesa de Seguradores Web: www.apseguradores.pt


Year Population

2011 10,760,305

2012 10,781,459

2013 10,799,270

2014 10,813,834

(1) Estimated. Sourc’e: U.S. Central Intelligence Agency.


Year GDP

2009 $245.0

2010 232.2

2011 247.0

2012 NA

2013 243.3


(U.S. $ millions)

Direct premiums

written





0.41%



Qatar



Company QAR Mn USD Mn

Qatar Insurance 1,765.4 485.0

Qatar General 473.2 130.0

Doha Insurance 425.9 117.0

Al Khaleej 258.4 71.0

Qatar Islamic 160.2 44.0




Company QAR Mn USD Mn

Qatar Insurance 789.9 217.0

Qatar Islamic 47.3 13.0

Doha Insurance 43.7 12.0

Qatar General 29.1 8.0

Al Khaleej 14.6 4.0



Year Population

2011 848,016

2012 1,951,591

2013 2,042,444

2014 2,123,160



Year GDP

2009 $83.3

2010 NA

2011 122.2

2012 181.7

2013 198.7

(1) Based on Purchasing Power Parity calculations, which take into account the relative cost of living and inflation rates of countries. GDP estimate for July for each year shown. NA=Data not available. Source: U.S. Central Intelligence Agency.


Direct premiums

written


Life premiums 64



0.03%



Romania



Company RON Mn USD Mn

Astra 991.6 325.3

Allianz-Tiriac Insurance 812.1 266.4

Omniasig Vienna Insurance Group

761.6 249.8

Groupama Insurance 651.5 213.7

Asirom Vienna Insurance Group

546.1 179.1

BCR Asigurari Vienna Insurance Group

441.0 144.7

Generali Insurance 418.1 137.2

Uniqa Insurnace 383.4 125.8

Euroins Romania 292.3 95.9

Carpatica ASIG 199.9 65.6




Company RON Mn USD Mn

ING Life Insurance 544.5 157.0

BCR Vienna Life Insurance

425.2 122.6

Alico Insurance Romania 197.9 57.1

Allianz-Tiriac Insurance 93.5 27.0

ASIROM Vienna Insurance Group

84.1 24.2

Generali Insurance 83.6 24.1

Metropolitan 65.9 19.0

BRD Life Insurance 62.0 17.9

Grawe Insurance Romania

53.5 15.4

Groupama Insurance 46.5 13.4


INSURANCE ASSOCIATION National Union of Insurance and Reinsurance Companies of Romania - UNSAR Web: unsar.ro


Year Population

2011 21,904,551

2012 21,848,504

2013 21,790,479

2014 21,729,871



Year GDP

2009 $278.4

2010 256.3

2011 253.3

2012 263.9

2013 280.7


(U.S. $ millions)

Direct premiums

written


Life premiums 547



0.05%



Russia



Company RUB Mn USD Mn

Rosgosstrakh 97,413.8 3,158.7

Sogaz 75,994.4 2,464.2

Ingosstrakh 67,806.3 2,198.7

Reso Garantiya 51,785.1 1,679.2

AlfaStrakhovanie 34,159.5 1,107.6

VSK 33,579.3 1,088.8

Soglasie 33,303.7 1,079.9

Allianz 25,027.0 811.5

VTB Insurance 22,786.6 738.9

MSK Insurance Group 19,953.4 647.0




Company RUB Mn USD Mn

Renessans Zhizn 7,230.7 234.5

Rosgosstrakh-Zhizn 6,700.4 217.3

MetLife Alico 6,291.5 204.0

Alfastrakhovanie-Zhizn 6,024.5 195.4

Russian Standard Insurance

5,907.8 191.6

SK Sogaz-Zhizn 3,504.3 113.6

Allianz Rosno Life 3,442.0 111.6

Societe Generale Strakhovanie Zhizni

3,218.8 104.4

CiV Life 2,278.8 73.9

Raiffeisen Life 1,754.8 56.9


INSURANCE ASSOCIATION All Russia Insurance Association Web: www.ins-union.ru


Year Population

2011 138,739,892

2012 138,082,178

2013 142,500,482

2014 142,470,272



Year GDP

2009 $2,225.0

2010 2,117.0

2011 2,229.0

2012 NA

2013 2,553.0


(U.S. $ millions)

Direct premiums

written


Life premiums 2,666



0.61%



Saudi Arabia

No data available for leading writers.


Year Population

2011 26,131,703

2012 26,534,504

2013 26,939,583

2014 27,345,986



Year GDP

2009 $600.4

2010 581.3

2011 622.5

2012 676.7

2013 927.8


(U.S. $ millions)

Direct premiums

written


Life premiums 256



0.14%



Serbia



Company RSD Mn USD Mn

Dunav 16,776.8 190.7

Delta Generali 9,198.7 104.6

DDOR Novi Sad 7,628.8 86.7

UNIQA Non-Life 3,483.9 39.6

Wiener Staedtische 2,911.0 33.1

Takovo 2,240.0 25.5

Triglav 1,746.6 19.9

AMS 1,524.3 17.3

Milenijum 1,366.2 15.5

Sava 1,203.3 13.7




Company RSD Mn USD Mn

Delta Generali 3,090.4 35.1

Wiener Staedtische 2,749.8 31.3

GRAWE 2,162.1 24.6

Dunav 1,096.5 12.5


Merkur 604.6 6.9

DDOR Novi Sad 584.8 6.7

MetLife 133.0 1.5

AXA Life 115.8 1.3

Societe Generale 101.8 1.2


INSURANCE ASSOCIATION Assocation of Serbian Insurers Web: uos.rs/o-nama/


Year Population

2011 7,310,555

2012 7,276,604

2013 7,243,007

2014 7,209,764



Year GDP

2009 $83.1

2010 77.0

2011 80.5

2012 79.1

2013 80.5


(U.S. $ millions)

Direct premiums

written


Life premiums 141

Total premiums $742


0.02%



Singapore



Company SGN Mn USD Mn

AIG Asia 467.1 373.7

AXA Singapore 358.6 287.0

NTUC Income 309.7 247.8

MSIG 306.0 244.8

First Capital 294.9 236.0

Liberty Insurance 143.7 115.0

QBE 135.3 108.3

Tokio Marine Insurance 134.9 108.0

ACE Insurance 119.3 95.5

India International 105.2 84.2




Company SGD Mn USD Mn

AIA Singapore 3,536.4 2,829.9

Prudential 3,229.8 2,584.5

NTUC Income 3,075.0 2,460.6

Great Eastern Life 3,064.9 2,452.6

Aviva Ltd 992.4 794.1

Manulife 766.5 613.3

HSBC Insurance 676.2 541.1

OAC 638.5 511.0

Tokio Marine Life 593.6 475.0

AXA Life Singapore 274.9 220.0


INSURANCE ASSOCIATION General Insurance Association of Singapore Web: www.gia.org.sg


Year Population

2011 4,740,737

2012 5,353,494

2013 5,460,302

2014 5,567,301



Year GDP

2009 $240.0

2010 235.7

2011 292.4

2012 314.5

2013 339.0


(U.S. $ millions)

Direct premiums

written





0.39%



Slovakia




Allianz Slovenska 349.5 485.9

Kooperativa 253.1 351.9

Generali 106.7 148.3

UNIQA 70.1 97.5

Komunalna 55.1 76.5

Union 32.2 44.7

Wustenrot 25.7 35.7

CSOB 24.2 33.7


Cardif Slovakia 12.5 17.4





Allianz Slovenska 248.7 345.8

KOOPERATIVA Poistovna

233.2 324.1

MetLife Amslico 118.7 165.0

KOMUNALNA Poistovna 104.0 144.6

Generali 83.6 116.2

ING 80.2 111.4

AXA Life 50.6 70.3

CSOB 47.8 66.5

Poistovna Slovenskej Sporitelni

44.3 61.5

Wustenrot 30.3 42.1


INSURANCE ASSOCIATION Slovak Insurance Association Slovenska asociacia maklerov v poistovnictve Web: www.slaspo.sk


Year Population

2011 5,477,038

2012 5,483,088

2013 5,488,339

2014 5,443,583



Year GDP

2009 $123.1

2010 115.3

2011 121.3

2012 126.9

2013 133.4


(U.S. $ millions)

Direct premiums

written


Life premiums 1,343



0.06%



Slovenia




Triglav 424.6 563.7

VZAJEMNA 267.0 354.5

Adriatic Slovenica 249.3 331.0

Maribor 176.5 234.3

Triglav Zdravstvena 104.1 138.2

Tilia 76.9 102.1

Generali 62.5 82.9

SID-PKZ 19.4 25.8

GRAWE 13.4 17.8

Wiener Stadtische 8.6 11.4





Triglav 179.2 237.9

Modra 82.8 109.9

Maribor 75.5 100.3

Adriatic Slovenica 56.8 75.5

NLB Vita 42.6 56.6

Merkur 39.0 51.7

Generali 22.7 30.2

GRAWE 19.2 25.4

Wiener Stadtische 15.9 21.1

Tilia 9.3 12.3


INSURANCE ASSOCIATION Slovenian Insurance Association Slovensko Zavarovalno Zdruzenje Web: www.zav-zdruzenje.si


Year Population

2011 2,000,092

2012 1,996,617

2013 1,992,690

2014 1,988,292



Year GDP

2009 $61.8

2010 56.5

2011 56.8

2012 58.6

2013 56.5


(U.S. $ millions)

Direct premiums

written


Life premiums 801



0.06%



South Africa




Santam 16,527.1 2,013.1

Mutual and Federal 7,537.8 918.1

Hollard 5,566.7 678.0

Guardrisk 5,498.1 669.7

OUTsurance 5,340.7 650.5

ABSA 3,427.0 417.4

Zurich 3,403.0 414.5

Auto & General 3,152.7 384.0

Allianz Global 2,469.7 300.8

Centriq 2,208.4 269.0





Old Mutual 53,082.7 6,465.6

Sanlam 34,403.6 4,190.5

Momentum Group 33,896.0 4,128.6

Investec 33,131.2 4,035.5

Liberty Group 25,604.6 3,118.7

Coronation Life 23,679.5 2,884.2

Investment Solutions 23,555.9 2,869.2

Allan Gray Life 10,245.8 1,248.0

Metropolitan Life 9,882.0 1,203.7

Discovery Life 9,145.0 1,113.9


INSURANCE ASSOCIATION South African Insurance Association Web: www.sainsurance.co.za


Year Population

2011 49,004,031

2012 48,810,427

2013 48,601,098

2014 48,375,645



Year GDP

2009 $506.1

2010 488.6

2011 527.5

2012 554.6

2013 595.7


(U.S. $ millions)

Direct premiums

written





1.17%



South Korea



Company KRW Mn USD Mn

Samsung 17,379,320.4 15,428.1

Hyundai 10,621,581.5 9,429.1

Dongbu 9,992,870.4 8,871.0

LIG 9,498,520.6 8,432.1

Meritz 4,965,369.3 4,407.9

Hanwha 3,993,436.2 3,545.1

Heungkuk 2,957,797.0 2,625.7

Lotte 2,314,516.1 2,054.7

Seoul Guarantee 1,346,811.7 1,195.6

Green (now MG) 636,079.9 564.7




Company KRW Mn USD Mn

Samsung 30,755,474.2 27,302.5

Hanwha 14,509,588.5 12,880.6

Kyobo 12,744,123.2 11,313.3

Nonghyup 10,925,057.2 9,698.5

Shinhan 5,149,141.7 4,571.0

Mirae Asset 5,052,457.9 4,485.2

Tong Yang 4,598,669.8 4,082.4

Heungkuk 4,310,808.5 3,826.8

ING 4,123,679.2 3,660.7

KDB 3,221,236.4 2,859.6


INSURANCE ASSOCIATION Korea Non-life Insurance Association Web: www.knia.or.kr


Year Population

2011 48,754,657

2012 48,860,500

2013 48,955,203

2014 49,039,986



Year GDP

2009 $1,278.0

2010 1,343.0

2011 1,467.0

2012 1,554.0

2013 1,666.0


(U.S. $ millions)

Direct premiums

written





3.13%



Spain




MAPFRE Familiar 3,466.9 4,541.6

Adeslas 2,566.1 3,361.5

Allianz 1,892.0 2,478.5

AXA Seguros Generales 1,804.4 2,363.8

Generali 1,232.3 1,614.4

Sanitas 1,178.4 1,543.7

Mutua Madrilena 1,028.1 1,346.9

Santalucia 1,025.9 1,343.9

Zurich 988.8 1,295.3

ASISA 964.9 1,264.0





VidaCaixa 5,034.7 6,998.9

Santander Seguros 2,796.9 3,888.1

Caser 1,711.4 2,379.1

BBVA Seguros 1,622.1 2,255.0

Ibercaja Vida 1,500.5 2,085.9

Bansabadell Vida 1,345.6 1,870.5

MAPFRE Vida 1,283.3 1,783.9

Generali 889.7 1,236.8

Catalunyacaixa Vida 850.1 1,181.8

Zurich Vida 714.3 993.0


INSURANCE ASSOCIATION Union Espanola de Entidades Aseguradoras y Reaseguradoras Web: www.unespa.es


Year Population

2011 46,754,784

2012 47,042,984

2013 47,370,542

2014 47,737,941



Year GDP

2009 $1,378.0

2010 1,368.0

2011 1,376.0

2012 1,411.0

2013 1,389.0


(U.S. $ millions)

Direct premiums

written





1.56%



Sri Lanka



Company LKR Mn USD Mn

Sri Lanka 12,359.1 96.9

Ceylinco 10,434.9 81.8

Janashakthi 5,773.4 45.3

Union 4,436.1 34.8

People's Insurance 2,795.5 21.9

AIA 2,143.3 16.8

HNB Assurance 1,635.3 12.8

Continental 1,545.2 12.1

Allianz Insurance Company Lanka Ltd.

1,397.1 11.0

LOLC 1,295.1 10.2




Company LKR Mn USD Mn

Ceylinco 10,829.5 84.9

Sri Lanka 7,369.0 57.8

AIA 6,495.9 50.9

Union 5,106.3 40.0

Asian Alliance 2,034.1 15.9

Janashakthi 2,025.1 15.9

HNB 1,500.0 11.8

Allianz Life 532.1 4.2

Amana Takaful 359.9 2.8

Co-operative 312.1 2.5


INSURANCE ASSOCIATION Insurance Association of Sri Lanka Web: www.iasl.lk


Year Population

2011 21,283,913

2012 21,481,334

2013 21,675,648

2014 21,866,445



Year GDP

2009 $93.3

2010 96.5

2011 104.7

2012 115.1

2013 134.5


(U.S. $ millions)

Direct premiums

written


Life premiums 333

Total premiums $775


0.02%



Sweden



Company SEK Mn USD Mn

Lansforsakringar 18,894.0 2,788.8

If Skadeforsakring 11,859.0 1,750.4

Trygg-Hansa 10,378.0 1,531.8

Folksam 9,895.0 1,460.5

Moderna 2,296.0 338.9

Dina-Gruppen 1,728.0 255.1

Sakforsakring, Captive Insurers

1,634.0 241.2

Zurich 1,053.0 155.4

Landstingen 900.0 132.8

Solid 775.0 114.4




Company SEK Mn USD Mn

Alecta 24,977.8 3,686.8

AMF Pension 19,601.9 2,893.3

Skandia Liv 13,847.9 2,044.0

Skandia 12,771.1 1,885.0

Swedbank Forsakring 12,563.5 1,854.4

SEB Trygg Liv Fond 12,126.6 1,789.9

Lansforsakringar Fondliv 8,713.9 1,286.2

KPA Pensionsforsakring 8,140.8 1,201.6

Folksam Liv 6,918.9 1,021.2

Handelsbanken Liv 6,598.5 974.0


INSURANCE ASSOCIATION Swedish Insurance Federation Web: www.svenskforsakring.se


Year Population

2011 9,088,728

2012 9,103,788

2013 9,119,423

2014 9,723,809



Year GDP

2009 $358.4

2010 333.2

2011 354.0

2012 379.4

2013 393.8


(U.S. $ millions)

Direct premiums

written





0.89%



Switzerland




AXA Winterthur 3,221.2 3,435.2

Zürich Versicherungs-Gesellschaft

2,610.0 2,783.4

Schweizerische Mobiliar Versicherungsgesellschaft

2,359.5 2,516.3

Allianz Suisse Versicherungs-Gesellschaft AG

1,744.8 1,860.7

Helsana Zusatzversicherungen AG

1,467.5 1,565.0

Basler Versicherung AG 1,297.9 1,384.2

Swica Krankenversicherung 1,158.8 1,235.8

CSS Versicherung AG 1,104.8 1,178.2

Visana Versicherungen AG 1,000.4 1,066.9

Generali Assurances Générales 796.8 849.8




Company CHF Mn USD Mn

AXA Leben AG 9,000.6 9,598.8

Swiss Life SA 7,826.5 8,346.6

Helvetia Schweizerische Lebensversicherungsgesellschaft

3,182.5 3,393.9

Basler Lebens-Versicherungs-Gesellschaft

2,568.0 2,738.6

Allianz Suisse Lebensversicherungs-Gesellschaft AG

2,295.7 2,448.3

Zurich Lebensversicherungs-Gesellschaft

2,075.2 2,213.1

Generali Personenversicherungen AG

1,251.9 1,335.1

Schweizerische Mobiliar Lebensversicherungs-Gesellschaft

850.7 907.3

PAX, Schweizerische Lebensversicherungs-Gesellschaft

691.9 737.9

Lombard International Assurance SA,Luxembourg (Luxembourg), Zweigniederlassung Zurich

649.1 692.2


INSURANCE ASSOCIATION Swiss Insurance Association Schweizerischer Versicherungsverband Web: www.svv.ch


Year Population

2011 7,639,961

2012 7,655,628

2013 7,996,026

2014 8,061,516



Year GDP

2009 $309.9

2010 316.1

2011 326.5

2012 340.5

2013 370.3



Direct premiums

written





1.35%



Taiwan



Company TWD Mn USD Mn

Fubon 28,599.6 960.7

Cathay Century 17,077.3 573.6

Shin Kong 13,231.8 444.5

Mingtai 10,531.7 353.8

Tokio Marine Newa 9,602.2 322.5

South China 7,398.4 248.5

Union 7,368.8 247.5

Taian 6,999.1 235.1

Chung Kuo 6,979.8 234.5

First 6,063.8 203.7




Company TWD Mn USD Mn

Cathay Life 561,353.1 18,951.8

Fubon Life 420,730.8 14,204.3

Nan Shan Life 370,905.9 12,522.1

Shin Kong Life 175,538.4 5,926.4

Chunghwa Post 157,982.2 5,333.6

China Life 125,319.3 4,230.9

Mass Mutual Mercuries 110,890.4 3,743.8

Taiwan Life 69,175.0 2,335.4

Bank Taiwan 56,697.8 1,914.2

Allianz Taiwan Life 51,271.3 1,731.0


INSURANCE ASSOCIATION The Non-Life Insurance Association of the Republic of China Web: www.nlia.org.tw


Year Population

2011 23,071,779

2012 23,113,901

2013 23,299,716

2014 23,359,928



Year GDP

2009 $738.8

2010 693.3

2011 823.6

2012 885.3

2013 926.4


(U.S. $ millions)

Direct premiums

written





1.96%



Thailand



Company THB Mn USD Mn

Viriyah 27,981.4 917.7

Dhipaya 20,797.8 682.1

Bangkok Insurance 12,432.9 407.8

Syn Mun Kong 7,958.2 261.0

The Safety Insurance 7,890.5 258.8

Tokio Marine Sri Muang 7,190.8 235.8

Muang Thai Insurance Public

7,157.9 234.8

Thanachart 5,689.2 186.6

LMG 5,280.1 173.2

Mitsui Sumitomo 4,785.5 157.




Company THB Mn USD Mn

AIA 102,206.2 3,288.2

Muang Thai Life 48,867.8 1,572.2

Thai Life Insurance 48,844.1 1,571.4

Siam Commercial New York Life

41,897.9 1,347.9

Bangkok Life 34,640.2 1,114.4

Krungthai AXA Life 28,923.7 930.5

Ayudhya Allianz CP 22,512.8 724.3

Ocean Life 14,473.2 465.6

ING Life 11,455.3 368.5

Thanachart Life 10,108.9 325.2


INSURANCE ASSOCIATION General Insurance Association Web: www.thaigia.com


Year Population

2011 66,720,153

2012 67,091,089

2013 67,448,120

2014 67,741,401



Year GDP

2009 $570.1

2010 539.7

2011 580.3

2012 609.8

2013 674.3


(U.S. $ millions)

Direct premiums

written





0.46%



Trinidad and Tobago



Company TTD Mn USD Mn

Guardian Life 317.4 49.4

Guardian General 253.6 39.4

Sagicor 195.7 30.4

COLFIRE 160.5 25.0

TATIL 154.7 24.1

Maritime 120.3 18.7

Beacon 118.5 18.4

NAGICO 70.2 10.9

New India 54.3 8.5

Presidential 44.5 6.9




Company TTD Mn USD Mn

Guardian Life 1,125.6 175.1

Sagicor Life 450.9 70.1

ScotiaLife 259.5 40.4

PALIG 243.8 37.9

Maritime Life 164.2 25.5

CUNA Caribbean 128.1 19.9

TATIL Life 119.2 18.5

Beacon 22.0 3.4


INSURANCE ASSOCIATION The Association of Trinidad and Tobago Insurance Companies Web: www.attic.org.tt


Year Population

2011 1,227,505

2012 1,226,383

2013 1,225,225

2014 1,223,916



Year GDP

2009 $24.2

2010 28.7

2011 27.1

2012 26.8

2013 27.1


(U.S. $ millions)

Direct premiums

written


Life premiums 349

Total premiums $921


0.02%



Tunisia



Company TND Mn USD Mn

STAR 260.0 166.5

COMAR 143.8 92.1

GAT 130.0 83.2

AMI 119.0 76.2

Astree 111.8 71.6

Maghrebia 111.0 71.1

CARTE 82.8 53.0

MAE 77.2 49.4

Lloyd 66.8 42.7

BIAT 65.7 42.0




Company TND Mn USD Mn

Maghrebia Vie 34.0 21.8

CARTE Vie 28.0 17.9

Hayett 27.2 17.4

Astree 20.5 13.2

Salim 20.3 13.0

BIAT 19.7 12.6

STAR 9.7 6.2

AMI 7.9 5.1

GAT Vie 5.9 3.8

Comar 5.7 3.7


INSURANCE ASSOCIATION Federation Tunisienne des Societes d'Assurance Web: www.ftusanet.org


Year Population

2011 10,629,186

2012 10,732,900

2013 10,835,873

2014 10,937,521



Year GDP

2009 $83.4

2010 83.6

2011 100.3

2012 101.7

2013 108.4


(U.S. $ millions)

Direct premiums

written


Life premiums 131

Total premiums $830


0.02%



Turkey



Company TRY Mn USD Mn

AXA 3,143.4 1,651.1

Anadolu 2,622.0 1,377.3

Allianz 1,910.3 1,003.4

Aksigorta 1,496.9 786.3

MAPFRE Genel 1,322.3 694.6

Yapi Kredi 1,251.3 657.3

Gunes 1,061.6 557.7

Groupama 934.4 490.8

Ziraat Hayat ve Emeklilik 796.2 418.2

Eureko 778.6 409.0




Company TRY Mn USD Mn

AXA 3,143.4 1,651.1

Anadolu 2,622.0 1,377.3

Allianz 1,910.3 1,003.4

Aksigorta 1,496.9 786.3

MAPFRE Genel 1,322.3 694.6

Yapi Kredi 1,251.3 657.3

Gunes 1,061.6 557.7

Groupama 934.4 490.8

Ziraat Hayat ve Emeklilik 796.2 418.2

Eureko 778.6 409.0


INSURANCE ASSOCIATION Association of Insurance and Reinsurance Companies of Turkey Web: www.tsrsb.org.tr


Year Population

2011 78,785,548

2012 79,749,461

2013 80,694,485

2014 81,619,392



Year GDP

2009 $930.9

2010 859.8

2011 958.3

2012 1,053.0

2013 1,167.0


(U.S. $ millions)

Direct premiums

written


Life premiums 1,761



0.27%



Ukraine



Company UAH Mn USD Mn


Aska 678.4 84.9

Uniqa 665.8 83.3

Providna 633.9 79.3

Kremen 607.8 76.1

Oranta 566.1 70.8

Ingo Ukraine 544.0 68.1

Arsenal Insurance 503.1 63.0

Alfa Strakhuvannya 462.5 57.9

Ukrainian Insurance Group 450.1 56.3




Company UAH Mn USD Mn

Renaissance Life 322.7 40.4

MetLife Alico 246.5 30.9

Aska Life 226.5 28.3


GRAWE Ukraine Life Insurance

152.4 19.1

TAS Life 137.1 17.2

Fidem Life 108.9 13.6

Delta Life 101.5 12.7

PZU Ukraine Life Insurance

96.8 12.1

Jupiter Life Insurance VIG 30.2 3.8


INSURANCE ASSOCIATION League of Insurance Organisations of Ukraine Web: uainsur.com


Year Population

2011 45,134,707

2012 44,854,065

2013 44,573,205

2014 44,291,413



Year GDP

2009 $359.9

2010 294.3

2011 306.3

2012 327.4

2013 337.4


(U.S. $ millions)

Direct premiums

written


Life premiums 310



0.08%



United Arab Emirates (UAE)



Company AED Mn USD Mn

Oman Insurance Company PSC

2,443.0 665.2

Abu Dhabi National Insurance Company PSC

2,299.0 626.0

Orient Insurance Company PJSC and its subsidiaries

1,400.0 381.2

Emirates Insurance Company PSC

645.0 175.6

Al Buhaira National Insurance Company PSC

559.0 152.2

Al Ain Ahlia Insurance Company - Public Shareholding Company

462.0 125.8

National General Insurance Co (PSC)

449.0 122.3

Al Wathba National Insurance Company PJSC

384.0 104.6

Al-Sagr National Insurance Company (Public Shareholding Company)

374.0 101.8

Dubai Insurance Company (PSC)

329.0 89.6


INSURANCE ASSOCIATION Emirates Insurance Association Web: www.eia.ae


Year Population

2011 5,148,664

2012 5,314,317

2013 5,473,972

2014 5,628,805



Year GDP

2009 $186.8

2010 200.4

2011 199.8

2012 260.8

2013 269.8


(U.S. $ millions)

Direct premiums

written


Life premiums 1,933



0.17%



United Kingdom



Company GBP Mn USD Mn

Aviva 4,948.3 7,816.6

Direct Line 3,402.1 5,374.1

AXA 3,179.3 5,022.3

RSA Group 3,070.5 4,850.3

Zurich Insurance 2,472.8 3,906.1

Allianz 1,985.6 3,136.6

Ageas 1,686.8 2,664.5

BUPA 1,681.8 2,656.7

AIG 1,675.2 2,646.2

Liverpool Victoria 1,477.5 2,334.0




Company GBP Mn USD Mn

Standard Life 9,677.6 15,287.3

Aviva 9,350.8 14,771.2

Prudential 8,312.9 13,131.6

Lloyds Banking Group 7,158.7 11,308.4

Legal & General 6,867.3 10,848.1

Friends Life 6,044.4 9,548.2

Aegon NV 5,252.0 8,296.4

Zurich Financial Services 4,937.4 7,799.4

Old Mutual 3,336.9 5,271.2

Royal London Mutual Insurance

2,997.4 4,734.8


INSURANCE ASSOCIATION Association of British Insurers Web: www.abi.org.uk


Year Population

2011 62,698,362

2012 63,047,162

2013 63,395,574

2014 63,742,977



Year GDP

2009 $2,281.0

2010 2,165.0

2011 2,189.0

2012 2,250.0

2013 2,378.0


(U.S. $ millions)

Direct premiums

written





7.10%



United States

LEADING PROPERTY/CASUALTY INSURANCE COMPANIES, 2013

Direct premiums written (1)

Company USD Mn

State Farm Mutual Automobile Insurance

55,994.2

Liberty Mutual 28,906.3

Allstate Corp. 27,583.6

American International Group 23,169.1

Travelers Companies Inc. 22,842.9

Berkshire Hathaway Inc. 18,284.1

Farmers Insurance Group of Companies (2)

18,079.5

Nationwide Mutual Group 17,802.7

Progressive Corp. 17,562.6

USAA Insurance Group 14,562.0

(1) Before reinsurance transactions, includes some state funds. (2) Data for Farmers Group and Zurich Financial Group (which owns Farmers’ management company) are reported separately by SNL Financial. Source: SNL Financial LC.


Direct written premiums (1)

Company USD Mn

MetLife Inc. 85,001.7

Prudential Financial Inc. 41,407.4

Jackson National Life Group 25,728.1

AEGON 24,499.9

Lincoln National Corp. 24,274.1

New York Life Insurance Group 24,223.4

American International Group 21,698.6

Voya Financial Inc. 20,228.6

Manulife Financial Corp. 19,263.2

Principal Financial Group Inc. 18,909.4

(1) Includes life insurance, annuity considerations, deposit-type contract funds and other considerations; excludes accident and health insurance. Before reinsurance transactions. Source: SNL Financial LC.

INSURANCE ASSOCIATION Insurance Information Institute Web: www.iii.org


Year Population

2011 313,232,044

2012 313,847,465

2013 316,668,567

2014 318,892,103

(1) Estimated. Source: U.S. Central Intelligence Agency. GROSS DOMESTIC PRODUCT, 2009-2013 (1)

Year GDP

2009 $14,580.0

2010 14,260.0

2011 14,720.0

2012 15,040.0

2013 16,720.0



Direct premiums

written



Total premiums $1,259,255


27.13%



Uruguay



Company UYU Mn USD Mn

Banco de Seguros del Estado

11,588.3 565.8

Royal & Sun Alliance Seguros (Uruguay) SA

1,567.3 76.5

Porto Seguro - Seguros del Uruguay S.A.

1,336.8 65.3

MAPFRE Uruguay Compania de Seguros SA (Grales)

1,185.0 57.9

Sancor Seguros SA 665.6 32.5

AIG 398.8 19.5

Compania Cooperativa de Seguros Surco

297.1 14.5

HDI Seguros SA 235.2 11.5

Far Compania de Seguros SA

170.2 8.3

Berkley International Seguros SA (Uruguay)

106.9 5.2




Company UYU Mn USD Mn

Banco de Seguros del Estado

4,578.3 223.6

MetLife Seguros de Vida SA 1,100.6 53.7

MAPFRE La Uruguaya SA (Vida)

1,011.7 49.4

Compania Cooperativa de Seguros Surco

191.8 9.4

Zurich Santander 124.2 6.1

Sancor Seguros SA 64.5 3.2

Royal & Sun Alliance Seguros (Uruguay) SA

28.2 1.4

HDI Seguros SA 1.2 0.1

Porto 0.1 0.0


INSURANCE ASSOCIATION Uruguayan Association of Insurance Companies Asociacion Uruguaya de Empresas Aseguradoras) Web: www.bnamericas.com


Year Population

2011 3,308,535

2012 3,316,328

2013 3,324,460

2014 3,332,972



Year GDP

2009 NA

2010 $44.1

2011 48.4

2012 52.0

2013 56.3


(U.S. $ millions)

Direct premiums

written


Life premiums 348



0.03%



Venezuela



Company VEF Mn USD Mn

Caracas de Liberty Mutual 12,466.7 2,061.3

Mercantil 10,377.7 1,715.9

Horizonte 7,736.8 1,279.2

Occidental 6,877.9 1,137.2

MAPFRE La Seguridad 6,440.6 1,064.9

Previsora 4,151.9 686.5

Altamira 3,358.4 555.3

Banesco 2,821.8 466.6

Estar 2,775.4 458.9

Multinacional 2,597.2 429.4




Company VEF Mn USD Mn

Caracas de Liberty Mutual 12,466.7 2,061.3

Mercantil 10,377.7 1,715.9

Horizonte 7,736.8 1,279.2

Occidental 6,877.9 1,137.2

MAPFRE La Seguridad 6,440.6 1,064.9

Previsora 4,151.9 686.5

Altamira 3,358.4 555.3

Banesco 2,821.8 466.6

Estar 2,775.4 458.9

Multinacional 2,597.2 429.4


INSURANCE ASSOCIATION Insurance Association Camara de Aseguradores de Venezuela Web: www.camaraseg.org


Year Population

2011 27,635,743

2012 28,047,938

2013 28,459,085

2014 28,868,486



Year GDP

2009 $368.6

2010 355.2

2011 344.2

2012 368.8

2013 407.4


(U.S. $ millions)

Direct premiums

written


Life premiums 444



0.30%



Vietnam



Company VND Mn USD Mn

Bao Viet 5,384,075.0 258.1

PV Insurance 4,658,978.0 223.4

Bao Minh 2,285,563.0 109.6

PJICO 1,971,467.0 94.5

PTI 1,639,692.0 78.6

Samsung Vina 732,505.0 35.1

BIC 670,377.0 32.1

GIC 491,356.0 23.6

MIC 474,232.0 22.7

Cong ty AAA 473,260.0 22.7




Company VND Mn USD Mn

Prudential 6,476,002.0 310.5

Bao Viet Life 4,446,443.0 213.2

Manulife 2,151,372.0 103.1

Dai-ichi Life 1,433,428.0 68.7

AIA 1,271,277.0 61.0

ACE Life 987,612.0 47.4

Hanwha Life 230,667.0 11.1

Cathay Life 112,693.0 5.4

Great Eastern Life 103,753.0 5.0

Prevoir 52,699.0 2.5


INSURANCE ASSOCIATION Vietnam Insurance Association Web: www.avi.org.vn


Year Population

2011 90,549,390

2012 91,519,289

2013 92,477,857

2014 93,421,835



Year GDP

2009 $246.6

2010 258.2

2011 278.1

2012 299.2

2013 358.9


(U.S. $ millions)

Direct premiums

written


Life premiums 984



0.05%



International Insurance Organizations ASSOCIATION OF BERMUDA INSURERS & REINSURERS • 1445 New York Avenue 7th Floor. Washington, DC 20005. Tel. 202-783-2434. Fax. 202-638-0936. www.abir.bm — A group representing Bermuda's "class 4" reinsurance and insurance companies. AXCO INSURANCE INFORMATION SERVICES • 10 Old Broad Street. London, EC2N 1DW United Kingdom. Tel. (44) 20-7374-5252. Fax. (44) 20-7374-5277. www.axcoinfo.com — Research firm providing detailed insurance, healthcare and pensions market information on 165 countries. CAPTIVE INSURANCE COMPANIES ASSOCIATION • 4248 Park Glen Rd. Minneapolis, MN 55416. Tel. 952-928-4655. Fax. 952-929-1318. www.cicaworld.com — Organization that disseminates information useful to firms that utilize the captive insurance company concept to solve corporate insurance problems. THE GENEVA ASSOCIATION • 53 Route de Malagnou, Geneva, CH-1208 Switzerland. Tel. 41-22-707-66-00. Fax. 41-22-736-75-36. www.genevaassociation.org/ — World organization formed by some 80 chief executive officers of leading insurance companies in Europe, North America, South America, Asia, Africa and Australia. Its main goal is to research the growing economic importance of worldwide insurance activities in the major sectors of the economy. Produces The Geneva Papers and other publications. GLOBAL FEDERATION OF INSURANCE ASSOCIATIONS • c/o Insurance Europe, Rue Montoyer 51, B-1000, Brussels, Belgium. Tel. +32 2-894-3081. www.GFIAinsurance.org — Represents 32 global insurance associations to speak on international issues. THE INSTITUTE FOR GLOBAL INSURANCE EDUCATION • c/o The Institutes, 720 Providence Road, Suite 100, Malvern, PA 19355. Tel. 610-644-2100. www.igie.org/ — Association comprised of independent, international insurance institutes, united by a common goal, to deliver professional education to insurance industry professionals. INSURANCE EUROPE • Rue Montoyer 51, Brussels, B-1000 Belgium. Tel. (32) 28943000. www.insuranceeurope.eu — European insurance and reinsurance federation. INTERNATIONAL ASSOCIATION OF INSURANCE SUPERVISORS • c/o Bank For International Settlements, CH-4002, Basel, Switzerland. Tel. (41) 61-225-7300. Fax. (41) 61-280-9151. www.iaisweb.org — Represents insurance supervisory authorities of some 100 jurisdictions. Promotes cooperation among members and sets international standards for insurance supervision. INTERNATIONAL INSURANCE SOCIETY, INC. • 101 Murray Street, New York, NY 10007. Tel. 212-277-5171. Fax. 212-277-5172. www.iisonline.org — A nonprofit membership organization whose mission is to facilitate international understandings, the transfer of ideas and innovations, and the development of personal networks across insurance markets through a joint effort of leading executives and academics throughout the world.


INTERNATIONAL RISK MANAGEMENT INSTITUTE, INC. • 12222 Merit Drive Suite 1450, Dallas, TX 75251. Tel. 972-960-7693. Fax. 972-371-5120. www.irmi.com — Research, education and publishing company providing property/casualty insurance and risk management knowledge and solutions to insurance agents, brokers, underwriters, adjusters, lawyers and risk managers. INTERNATIONAL SOCIAL SECURITY ASSOCIATION • 4 route des Morillons, Case postale 1, CH-1211, Geneva, 22 Switzerland. Tel. (41) 22 799 66 17. Fax. (41) 22 799 85 09. www.issa.int/ — Nonprofit international organization consisting of institutions and administrative bodies dealing with diverse aspects of social security in countries around the world. INTERNATIONAL TRADE ADMINISTRATION • 1401 Constitution Ave NW, Washington, DC 20230. Tel. 1-800-USA-TRAD. www.ita.doc.gov — Division of the U.S. Department of Commerce that helps U.S. businesses participate in the growing global marketplace. MICROINSURANCE NETWORK • 2, Rue Sainte Zithe, Luxembourg, L-2763 Luxembourg. Tel. (35) 2-45686825. www.microinsurancenetwork.org — A network of actors involved in microinsurance, including donor organizations, multilateral agencies, insurance and social protection providers, policymakers and academics. OPIC • 1100 New York Avenue, NW, Washington, DC 20527 United States. Tel. 202-336-8400. www.opic.gov — Self-sustaining U.S. government agency providing political risk insurance and finance services for U.S. investment in developing countries. ORGANISATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENT (OECD) • 2, rue André Pascal, 75775 Paris Cedex 16. France. Tel. (33) 1-45-24-82-00. Fax. (33) 1-45-24-85-00. www.oecd.org — International organization of industrialized, market-economy countries. The OECD publishes numerous reports, including the Insurance Statistics Yearbook. SIGMA • c/o Swiss Re, Mythenquai 50/60, PO Box 8022. Zurich, Switzerland. Tel. (41) 43-285-2121. www.swissre.com — The sigma publication series provides comprehensive information on international insurance markets and in-depth analyses of economic trends and strategic issues in insurance, reinsurance and financial services. TOPICS • c/o Munich Re, Königinstr. 107, Munich, 80802 Germany. Tel. (49) 89-38-91-0. www.munichre.com — This annual publication presents a detailed account of the natural catastrophes that occurred in the past year and also examines long-term trends. WORLD FACT BOOK • c/o Central Intelligence Agency (CIA), Washington, DC 20505. Tel. 703-482-0623. Fax. 703-482-1739. www.cia.gov/library/publications/the-world-factbook/index.html — Produced by the CIA's Directorate of Intelligence, the fact book is a comprehensive resource of facts and statistics on more than 265 countries and other entities.


Insurance Information Institute 110 William Street New York, NY 10038 Tel. 212-346-5500. www.iii.org

President – Robert P. Hartwig, Ph.D., CPCU – [email protected] Executive Vice President – Andréa C. Basora – [email protected] Senior Vice President and Chief Communications Officer – Jeanne Salvatore –

[email protected] Senior Vice President and Chief Economist – Steven N. Weisbart, Ph.D., CLU – [email protected] PUBLICATIONS

Chief Actuary and Director of Research and Information Services – James Lynch, FCAS, MAAA – [email protected]

Senior Editor – Neil Liebman – [email protected] Research and Production – Mary-Anne Firneno – [email protected] Information Specialist – Maria Sassian – [email protected] Manager – Publications and Web Production – Katja Charlene Lewis – [email protected] Special Consultant – Ruth Gastel, CPCU – [email protected] Publications Orders – Daphne Gerardi – [email protected]

DIGITAL COMMUNICATIONS

Director – Digital Communications – James P. Ballot – [email protected] Director – Technology and Web Production – Shorna Lewis – [email protected] Manager – Digital Media – Alba Rosario – [email protected]

MEDIA

Vice President – Media Relations – Michael Barry – [email protected] Vice President – Communications – Loretta Worters – [email protected] Terms + Conditions blog – Claire Wilkinson – [email protected] Impact Magazine –Diane Portantiere – [email protected] Administrative Assistant – Rita El-Hakim – [email protected] Administrative Assistant – Lilia Giordanao – [email protected]

REPRESENTATIVES

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2015 International Insurance Factbook - III

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Transcript of 2015 International Insurance Factbook - III