The global insurance industry grew by an estimated 7.5% in 2023, clocking the fastest growth since 2006, the year before the GFC. In all, insurers worldwide collected EUR6.2trn in insurance premiums. Growth in 2023 was relatively balanced as all three segments recorded rather similar increases, with life at 8.4%, p&c at 7.0% and health at 6.6%.
The global numbers, however, conceal the developments at the national level – which can be quite different from global trends. With the interactive “Allianz Global Insurance Map”, readers can navigate through the particularities of national markets by themselves. Simply choose a country and retrieve data, from premium growth and volume per capita to general economic growth and inflation; data cover not only the last year but the entire period since 2000 – for a comprehensive overview of each market.