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 10
Chapter 3: Country Profiles 14
Appendices 107 International Insurance Organizations 107 I.I.I. Staff 110
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
2013 International Insurance Fact Book updates at www.iii.org/international/ 1
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.
2013 International Insurance Fact Book updates at www.iii.org/international/ 2
Chapter 1: World Overview
World Overview
WORLD LIFE AND NONLIFE INSURANCE IN 2011
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 by 6 percent from $4.3 trillion in 2010 to $4.6 trillion in 2011, according to Swiss Re’s latest study of world insurance. However, when adjusted for inflation, premiums declined slightly (0.8 percent). Nonlife premiums expanded by 8.2 percent in 2011, or by 1.8 percent when adjusted for inflation, reflecting economic growth in emerging markets and rate increases in some advanced markets. By contrast global life insurance premiums rose by 4.4 percent in 2011, but fell by 2.7 percent when adjusted for inflation.
In 2011 life and nonlife insurance premiums (excluding cross-border business) accounted for 6.6 percent of world gross domestic product (GDP). Premiums accounted for 17.0 percent of GDP in Taiwan, the highest share in the Swiss Re study, followed by 13.2 percent in the Netherlands, 12.9 percent in South Africa, 11.8 percent in the United Kingdom and 11.6 percent in South Korea. Premiums represented 8.1 percent of GDP in the United States, the 13th highest share in the study.
WORLD LIFE AND NONLIFE INSURANCE PREMIUMS, 2009-2011 (1) (Direct premiums written, U.S. $ millions)
Year Life Nonlife (2) Total
2009 $2,367,442 $1,742,193 $4,109,635 2010 2,516,377 1,819,310 4,335,687 2011 2,627,168 1,969,519 4,596,687 (1) Before reinsurance transactions. (2) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2012.
TOP TEN COUNTRIES BY LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 (1) (Direct premiums written, U.S. $ millions)
Total premiums
Life Nonlife Percent change Percent of total Rank Country Amount premiums premiums (2) from prior year world premiums
1 United States (3),(4) $537,570 $667,107 $1,204,677 3.7% 26.2% 2 Japan (4),(6) 524,668 130,741 655,408 14.7 14.26 3 United Kingdom (4) 210,067 109,486 319,553 6.4 6.95 4 France (4) 174,753 98,359 273,112 -3.6 5.94 5 Germany (5) 113,869 131,292 245,162 4.3 5.34 6 P.R. China (5) 134,539 87,319 221,858 3.4 4.83 7 Italy 105,089 55,426 160,514 -7.9 3.49 8 South Korea (6) 79,161 51,223 130,383 13.3 2.84 9 Canada (4),(7) 52,167 69,045 121,213 6.6 2.64 10 Netherlands 31,210 79,722 110,931 8.5 2.41 (1) Before reinsurance transactions. (2) Includes accident and health insurance. Does not correspond to grouping of U.S. data shown elsewhere in the book. (3) Life premiums include an estimate of group pension business; nonlife premiums include state funds.
2013 International Insurance Fact Book updates at www.iii.org/international/ 3
(4) Estimated. (5) Provisional. (6) April 1, 2011 to March 31 2012. (7) Life insurance premiums are net premiums
Source: Swiss Re, sigma, No. 3/2012.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 (Direct premiums written, U.S. $ millions)
Total premiums
Nonlife Life Percent of total Country Amount premiums (1) premiums world premiums
Algeria (2) $1,099 $103 $1,201 0.03% Angola (2) 950 50 1,000 0.02 Argentina (3) 10,250 2,596 12,846 0.28 Australia (2), (4) 43,899 45,187 89,086 1.94 Austria (3) 13,300 9,751 23,051 0.50 Bahrain (2) 431 148 579 0.01 Bangladesh (2) 255 789 1,044 0.02 Belgium (2) 15,140 25,947 41,087 0.89 Brazil (3) 37,240 41,046 78,287 1.70 Bulgaria 968 163 1,131 0.02 Canada (2), (5) 69,045 52,167 121,213 2.64 Chile 4,091 5,578 9,669 0.21 Colombia (3) 5,343 2,282 7,624 0.17 Costa Rica (2) 743 72 815 0.02 Croatia (3) 1,256 455 1,711 0.04 Cyprus (2) 624 543 1,167 0.03 Czech Republic (3) 4,694 4,069 8,764 0.19 Denmark (2) 11,208 21,482 32,691 0.71 Dominican Republic (2) 635 105 740 0.02 Ecuador 1,105 231 1,337 0.03 Egypt (6) 973 740 1,714 0.04 Finland (3) 4,997 20,406 25,404 0.55 France (2) 98,359 174,753 273,112 5.94 Germany (3) 131,292 113,869 245,162 5.33 Greece (2) 3,948 2,931 6,879 0.15 Guatemala (2) 447 108 555 0.01 Hong Kong (3) 3,293 24,556 27,850 0.61 Hungary 1,772 2,193 3,964 0.09 India (7) 12,187 60,442 72,628 1.58 Indonesia (2) 4,655 9,437 14,092 0.31 Iran (8) 7,555 713 8,268 0.18 Ireland (2) 9,211 43,038 52,250 1.14
2013 International Insurance Fact Book updates at www.iii.org/international/ 4
Total premiums
Nonlife Life Percent of total Country Amount premiums (1) premiums world premiums
Israel 5,770 6,682 12,452 0.27 Italy 55,426 105,089 160,514 3.49 Jamaica (2) 450 227 676 0.01 Japan (2), (7) 130,741 524,668 655,408 14.26 Jordan (2) 565 56 622 0.01 Kazakhstan 989 208 1,197 0.03 Kenya (2) 686 350 1,036 0.02 Kuwait (2) 627 185 812 0.02 Lebanon 878 343 1,221 0.03 Liechtenstein 496 4,843 5,339 0.12 Luxembourg (2) 3,134 20,355 23,489 0.51 Macao (3) 152 392 544 0.01 Malaysia (2), (7) 4,965 9,307 14,272 0.31 Malta (2) 1,497 697 2,194 0.05 Mauritius (2) 218 396 614 0.01 Mexico (3) 12,149 10,083 22,231 0.48 Morocco 1,989 871 2,859 0.06 Namibia (2) 303 667 971 0.02 Netherlands (2) 79,722 31,210 110,931 2.41 New Zealand (2), (4) 8,503 1,548 10,051 0.22 Nigeria (2) 1,153 404 1,557 0.03 Norway 9,767 12,871 22,638 0.49 Oman (2) 617 150 766 0.02 Pakistan (2) 636 739 1,376 0.03 Panama 819 234 1,053 0.02 Peru 1,379 1,234 2,613 0.06 Philippines (2) 991 1,890 2,881 0.06 Poland (3) 9,870 9,237 19,107 0.42 Portugal (2) 5,779 10,534 16,313 0.35 PR China (3) 87,319 134,539 221,858 4.83 Qatar (2) 908 54 961 0.02 Romania (3) 2,053 554 2,607 0.06 Russia 42,071 1,185 43,257 0.94 Saudi Arabia (2) 4,682 289 4,971 0.11 Serbia 656 126 781 0.02 Singapore (3) 8,188 11,275 19,463 0.42 Slovakia (2) 1,510 1,359 2,869 0.06 Slovenia (2) 2,066 942 3,008 0.07
2013 International Insurance Fact Book updates at www.iii.org/international/ 5
Total premiums
Nonlife Life Percent of total Country Amount premiums (1) premiums world premiums
South Africa (3), (5) 10,842 41,534 52,376 1.14 South Korea (2), (7) 51,223 79,161 130,383 2.84 Spain (2) 40,731 39,257 79,987 1.74 Sri Lanka (2) 382 319 701 0.02 Sweden (3) 10,150 31,961 42,111 0.92 Switzerland (3) 28,494 35,083 63,576 1.38 Taiwan 14,283 64,133 78,416 1.71 Thailand (3) 6,028 9,218 15,246 0.33 Trinidad and Tobago (2) 591 247 838 0.02 Tunisia (2) 694 119 812 0.02 Turkey 8,473 1,579 10,051 0.22 Ukraine (2) 2,916 168 3,084 0.07 United Arab Emirates (2), (9) 5,415 1,226 6,641 0.14 United Kingdom (2) 109,486 210,067 319,553 6.95 United States (2), (10) 667,107 537,570 1,204,677 26.21 Uruguay 660 206 867 0.02 Venezuela (2) 10,370 433 10,803 0.24 Vietnam (3) 1,027 818 1,845 0.04 Other 9 959 2 330 12 288 0.27 World $1,969,519 $2,627,168 $4,596,687 100.00% (1) Includes accident and health insurance. (2) Estimated. (3) Provisional. (4) Nonlife: July 1, 2010 - June 30, 2011. (5) Life premiums are net premiums. (6) July 1, 2010 – June 30, 2011. (7) April 1, 2011 – March 31, 2012. (8) March 21, 2011 – March 20, 2012. (9) Nonlife premiums are gross premiums, including reinsurance premiums. (10) Life insurance premiums include an estimate for group pension business; nonlife premiums include state funds.
Source: Swiss Re, sigma, No. 3/2012.
POPULATION AND GROSS DOMESTIC PRODUCT BY COUNTRY, 2011
Gross domestic product (2) Country Population (1) (U.S. $ billions)
Algeria 35,406,303 $264.10 Argentina 42,192,494 709.70 Australia 22,015,576 917.70 Austria 8,219,743 351.40 Bahamas 316,182 10.81 Bahrain 1,248,348 30.80 Bangladesh 161,083,804 282.50
2013 International Insurance Fact Book updates at www.iii.org/international/ 6
Gross domestic product (2) Country Population (1) (U.S. $ billions)
Belgium 10,438,353 412.00 Bermuda 69,080 4.50 Brazil 205,716,890 2,284.00 Bulgaria 7,037,935 101.20 Canada 34,300,083 1,389.00 Chile 17,067,369 281.00 China 1,343,239,923 11,300.00 Columbia 45,239,079 467.00 Costa Rica 4,636,348 54.47 Croatia 4,480,043 80.89 Cyprus 1,138,071 23.77 Czech Republic 10,177,300 272.20 Denmark 5,543,453 208.80 Dominican Republic 10,088,598 93.23 Ecuador 15,223,680 124.80 Egypt 83,688,164 515.40 El Salvador 6,090,646 44.78 Finland 5,262,930 195.60 France 65,630,692 2,214.00 Germany 81,305,856 3,085.00 Greece 10,767,827 305.60 Hong Kong 7,153,519 353.70 Hungary 9,958,453 195.90 India 1,205,073,612 4,463.00 Indonesia 248,216,193 1,121.00 Iran 78,868,711 928.90 Ireland 4,722,028 182.10 Israel 7,590,758 235.10 Italy 61,261,254 1,826.00 Jamaica 2,889,187 24.58 Japan 127,368,088 4,389.00 Jordan 6,508,887 36.82 Kazakhstan 17,522,010 214.50 Kenya 43,013,341 71.50 Kuwait 2,646,314 149.80 Lebanon 4,140,289 61.61 Liechtenstein 36,713 5.03 Lithuania 3,525,761 61.30 Luxembourg 509,074 43.55 Macau 578,025 18.47
2013 International Insurance Fact Book updates at www.iii.org/international/ 7
Gross domestic product (2) Country Population (1) (U.S. $ billions)
Malaysia 29,179,952 447.00 Malta 409,836 10.91 Mexico 114,975,406 1,657.00 Morocco 32,309,239 163.00 Namibia 2,165,828 15.50 Netherlands 16,730,632 705.70 New Zealand 4,327,944 123.30 Nigeria 170,123,740 414.50 Norway 4,707,270 264.50 Oman 3,090,150 80.89 Pakistan 190,291,129 488.00 Panama 3,510,045 48.76 Peru 29,549,517 299.70 Philippines 103,775,002 393.40 Poland 38,415,284 765.60 Portugal 10,781,459 246.90 Qatar 1,951,591 181.70 Romania 21,848,504 263.90 Russia 138,082,178 2,373.00 Saudi Arabia 26,534,504 676.70 Serbia 7,276,604 79.09 Singapore 5,353,494 314.50 Slovakia 5,483,088 126.90 Slovenia 1,996,617 58.56 South Africa 48,810,427 554.60 South Korea 48,860,500 1,554.00 Spain 47,042,984 1,411.00 Sri Lanka 21,481,334 115.10 Sweden 9,103,788 379.40 Switzerland 7,655,628 340.50 Taiwan 23,113,901 885.30 Thailand 67,091,089 609.80 Trinidad and Tobago 1,226,383 26.83 Tunisia 10,732,900 101.70 Turkey 79,749,461 1,053.00 Ukraine 44,854,065 327.40 United Arab Emirates 5,314,317 260.80 United Kingdom 63,047,162 2,250.00 United States 313,847,465 15,040.00 Uruguay 3,316,328 52.02
2013 International Insurance Fact Book updates at www.iii.org/international/ 8
Gross domestic product (2) Country Population (1) (U.S. $ billions)
Venezuela 28,047,938 368.80 Vietnam 91,519,289 299.20 (1) 2011 estimate (2) Based on Purchasing Power Parity calculations, which take into account the relative cost of living and inflation rates of countries. GDP estimate for July, 2012.
Source: U.S. Central Intelligence Agency.
2013 International Insurance Fact Book updates at www.iii.org/international/ 9
Chapter 2: World Rankings
World Rankings
TOP TEN GLOBAL INSURANCE COMPANIES BY REVENUES, 2011 (1) ($ millions)
Rank Company Revenues (2) Country Industry
1 Japan Post Holdings $211,019 Japan Life/health 2 Berkshire Hathaway 143,688 U.S. Property/casualty 3 AXA 142,712 France Life/health 4 Allianz 134,168 Germany Property/casualty 5 Assicurazioni Generali 112,628 Italy Life/health 6 Nippon Life Insurance 90,783 Japan Life/health 7 Munich Re Group 90,137 Germany Property/casualty 8 Meiji Yasuda Life Insurance 77,463 Japan Life/health 9 American International Group 71,730 U.S. Property/casualty 10 MetLife 70,641 U.S. Life/health (1) Based on an analysis of companies in the Global Fortune 500. Includes stock and mutual companies. (2) Revenues include premium and annuity income, investment income and capital gains or losses, but excludes deposits; includes consolidated subsidiaries, excludes excise taxes.
Source: Fortune.
TOP TEN GLOBAL PROPERTY/CASUALTY INSURANCE COMPANIES BY REVENUES, 2011 (1) ($ millions)
Rank Company Revenues (2) Country
1 Berkshire Hathaway $143,688 U.S. 2 Allianz 134,168 Germany 3 Munich Re Group 90,137 Germany 4 American International Group 71,730 U.S. 5 State Farm Insurance Cos. 64,305 U.S. 6 Zurich Insurance Group 52,983 Switzerland 7 MS&AD Insurance Group Holdings 47,684 Japan 8 Tokio Marine Holdings 43,264 Japan 9 People's Insurance Co. of China 36,549 China 10 NKSJ Holdings 35,343 Japan (1) Based on an analysis of companies in the Global Fortune 500. Includes stock and mutual companies. (2) Revenues include premium and annuity income, investment income and capital gains or losses, but excludes deposits; includes consolidated subsidiaries, excludes excise taxes.
Source: Fortune.
2013 International Insurance Fact Book updates at www.iii.org/international/ 10
TOP TEN GLOBAL LIFE/HEALTH INSURANCE COMPANIES BY REVENUES, 2011 (1) ($ millions) Rank Company Revenues (2) Country
1 Japan Post Holdings $211,019 Japan 2 AXA 142,712 France 3 Assicurazioni Generali 112,628 Italy 4 Nippon Life Insurance 90,783 Japan 5 Meiji Yasuda Life Insurance 77,463 Japan 6 MetLife 70,641 U.S. 7 China Life Insurance 67,274 China 8 Dai-ichi Life Insurance 62,462 Japan 9 Aviva 61,754 U.K. 10 Prudential 58,527 U.S. (1) Based on an analysis of companies in the Global Fortune 500. Includes stock and mutual companies. (2) Revenues include premium and annuity income, investment income and capital gains or losses, but excludes deposits; includes consolidated subsidiaries, excludes excise taxes.
Source: Fortune.
TOP TEN GLOBAL REINSURERS BY NET REINSURANCE PREMIUMS • Net reinsurance premiums WRITTEN, 2010 (1) written by the top 10 global ($ millions) reinsurers fell from $112.2 billion in 2009 to $110.3 billion in 2010, according to Net Business Insurance. reinsurance Rank Company Country premiums written
1 Munich Re $29,149.9 (2) Germany 2 Swiss Re Group 19,433.0 Switzerland Berkshire Hathaway Reinsurance Group/ 3 14,669.0 U.S. General Re Corp. 4 Hanover Re 14,034.1 (2) Germany 5 Lloyd's of London 9,728.6 U.K. 6 SCOR S.E. 8,146.2 France 7 PartnerRe Ltd. 4,705.1 Bermuda 8 Everest Re Group Ltd. 3,945.6 Bermuda 9 Transatlantic Holdings, Inc. 3,881.7 U.S. 10 Korean Re 2,653.8 (3) South Korea (1) Excludes reinsurers which only underwrite life insurance. (2) Business Insurance estimate. (3) Fiscal year ending March 31.
Source: Business Insurance, September 26, 2011.
2013 International Insurance Fact Book updates at www.iii.org/international/ 11
TOP TEN GLOBAL INSURANCE BROKERS BY REVENUES, 2011 (1) • Revenue generated by the ($ millions) world’s 10 largest brokers increased from $20.1 billion in 2002 to $35.2 billion in 2011. Brokerage Rank Company Country revenues
1 Marsh & McLennan Cos. Inc. $11,519 U.S. 2 Aon P.L.C. 11,228 U.K. 3 Willis Group Holdings P.L.C. 3,414 U.K. 4 Arthur J. Gallagher & Co. 2,092 U.S. 5 Wells Fargo Insurance Services USA Inc. 1,627 U.S. 6 Jardine Lloyd Thompson Group P.L.C. 1,267 U.K. 7 Brown & Brown Inc. 1,112 U.S. 8 BB&T Insurance Services Inc. 1,104 U.S. 9 Lockton Cos. L.L.C. 904 U.S. 10 Hub International Ltd. 878 U.S. (1) Revenue generated by insurance brokerage and related services.
Source: Business Insurance, July 16, 2012.
THE FIVE LARGEST WORLD NATURAL CATASTROPHES, 2011 BY INSURED LOSSES (1) ($ millions)
Date Country/Region Event Fatalities Overall losses Insured losses (2)
Mar. 11 Japan Earthquake, tsunami 15,840 $210,000 $35,000-$40,000 Feb. 22 New Zealand Earthquake 181 16,000 13,000 Aug. 1-Nov. 15 Thailand Floods, landslides 813 40,000 10,000 Apr. 22-28 U.S. Severe storms/tornadoes 350 15,000 7,300 May 20-27 U.S. Severe storms/tornadoes 178 14,000 6,900 (1) Ranked by insured losses. (2) Based on property losses including, if applicable, agricultural, offshore, marine, aviation and National Flood Insurance Program losses in the United States and may differ from data shown elsewhere.
Source: © 2012 Munich Re, Geo Risks Research, NatCatSERVICE.
2013 International Insurance Fact Book updates at www.iii.org/international/ 12
THE TEN MOST COSTLY WORLD INSURANCE LOSSES, 1970-2011 (1) ($ millions)
Insured loss in Rate Date Country Event 2011 U.S. dollars (2)
U.S., Gulf of Mexico, 1 Aug. 25, 2005 Hurricane Katrina; floods, dams burst, damage to oil rigs $74,686 Bahamas, North Atlantic 2 Mar. 11, 2011 Japan Earthquake (Mw 9.0) triggers tsunami; aftershocks 35,000 3 Aug. 23, 1992 U.S., Bahamas Hurricane Andrew; floods 25,641 4 Sep. 11, 2001 U.S. Terror attacks on WTC, Pentagon and other buildings 23,848 5 Jan. 17, 1994 U.S. Northridge earthquake (M 6.6) 21,239 U.S., Caribbean: 6 Sep. 6, 2008 Hurricane Ike; floods, offshore damage 21,141 Gulf of Mexico et al. U.S., Caribbean; 7 Sep. 2, 2004 Hurricane Ivan: damage to oil rigs 15,350 Barbados et al. U.S., Mexico, Jamaica, 8 Oct. 19, 2005 Hurricane Wilma; floods 14,468 Haiti et al. 9 Jul. 27, 2011 Thailand Flood caused by heavy monsoon rains 12,000 10 Feb. 22, 2011 New Zealand Earthquake (Mw 6.3), aftershock (Mw, 5.6) 12,000 (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 2011 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. 2/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 13
Chapter 3: Country Profiles
Country Profiles
The country profiles that follow provides information on population, gross domestic product, insurance premiums and leading insurers.
2013 International Insurance Fact Book updates at www.iii.org/international/ 14
Algeria
LEADING INSURANCE COMPANIES, 2010 (1) INSURANCE ASSOCIATION
Le Conseil National des Assurances Gross written premiums Web: www.cna.dz
Company DZD Mn USD Mn
SAA 20,072.0 269.8 POPULATION, 2008-2011 (1) CAAT 14,083.0 189.3 CAAR 12,802.0 172.1 Year Population
CASH 7,481.0 100.6 2008 34,178,188 CNMA 6,748.0 90.7 2009 34,178,188 CIAR 5,981.0 80.4 2010 34,994,937 Alliance Assurance 3,423.0 46.0 2011 35,406,303 2A 3,039.0 40.9 (1) Estimated. GAM 2,911.0 39.1 Source: U.S. Central Intelligence Agency.
Salama Assurance 2,540.0 34.2 (1) Includes life and nonlife. Source: Axco Insurance Information Services. GROSS DOMESTIC PRODUCT, 2009-2012 (1)
Year GDP
2009 $240.2 2010 244.3 2011 254.7 2012 264.1 (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, 2011 (U.S. $ millions)
Direct premiums
written
Nonlife premiums (1) $1,099 Life premiums $103 Total premiums $1,201 Percent of total world 0.03% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 15
Angola
LEADING NONLIFE INSURANCE COMPANIES, 2008 INSURANCE ASSOCIATION
Institute of Insurance Supervision Gross written premiums Web: www.iss.gv.ao/
Company AOA Mn USD Mn
AAA Seguros 15,406.5 205.3 ENSA 11,530.8 153.7 POPULATION, 2011 (1) GA Seguros 1,405.3 18.7 Source: Axco Insurance Information Services. Year Population
2011 18,056,072
(1) Estimated. LEADING LIFE INSURANCE COMPANIES, 2008 Source: U.S. Central Intelligence Agency.
Gross written premiums
Company AOA Mn USD Mn GROSS DOMESTIC PRODUCT, 2012 (1) AAA Seguros 2,287.8 30.5 ENSA 352.8 4.7 Year GDP Source: Axco Insurance Information Services. 2012 $115.9 (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, 2011 (U.S. $ millions)
Direct premiums
written
Nonlife premiums (1) $950 Life premiums 50 Total premiums $1,000 Percent of total world 0.02% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 16
Argentina
LEADING NONLIFE INSURANCE COMPANIES, 2011 INSURANCE ASSOCIATION
Asociacion Argentina de Companias de Seguros Gross written premiums Web: www.aacs.org.ar
Company ARS Mn USD Mn
Federacion Patronal 2,615.2 634.8 POPULATION, 2008-2011 (1) Caja Seguros 2,287.4 555.2 Prevencion Art 2,197.3 533.3 Year Population
HSBC Seguros 1,721.1 417.7 2008 12,799,293 Sancor 1,568.8 380.8 2009 NA MAPFRE Argentina 1,213.4 294.5 2010 NA San Cristobal 1,138.1 276.2 2011 NA Consolidar Art 1,113.6 270.3 (1) Estimated. Segunda C.S.L. 1,072.7 260.4 NA=Data not available. Source: U.S. Central Intelligence Agency. Meridional 1,020.5 247.7 Source: Axco Insurance Information Services.
GROSS DOMESTIC PRODUCT, 2009-2012 (1)
Year GDP
LEADING LIFE INSURANCE COMPANIES, 2011 2009 $585.0
2010 558.0 Gross written premiums 2011 596.0 Company ARS Mn USD Mn 2012 709.7 (1) Based on Purchasing Power Parity calculations, which take Caja de Seguros 575.9 139.8 into account the relative cost of living and inflation rates of countries. GDP estimate for July for each year shown. Estrella Retiro 462.4 112.2 Source: U.S. Central Intelligence Agency. Cardif Seguros 439.7 106.7
Nacion Seguros 379.5 92.1 Alico 349.8 84.9 LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 (U.S. $ millions) Sancor 347.3 84.3
Galicia Seguros 344.5 83.6 Direct premiums
Zurich Life 319.9 77.6 written HSBC NY Life Vida 314.1 76.2 Nonlife premiums (1) $10,250 Provincia 286.0 69.4 Life premiums 2,596 Source: Axco Insurance Information Services. Total premiums $12,846 Percent of total world 0.28% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 17
Australia
INSURANCE ASSOCIATION LEADING NONLIFE INSURANCE COMPANIES, 2010 Insurance Council of Australia Web: www.insurancecouncil.com.au Gross written
premiums
Company AUD Mn USD Mn POPULATION, 2008-2011 (1)
QBE Insurance Australia 3,153.5 2,892.7 Year Population Insurance Australia Ltd. 3,140.0 2,880.3 Allianz Australian Insurance 2,739.0 2,512.5 2008 40,913,584 Insurance Manufacturers of 2009 40,913,584 2,369.3 2,173.4 Australia 2010 41,769,726 Australian Associated Motor 1,886.9 1,730.8 2011 42,192,494 Insurers (1) Estimated. CGU Insurance Limited 1,844.0 1,691.5 Source: U.S. Central Intelligence Agency.
GIO General 1,628.8 1,494.1
Vero 1,224.1 1,122.8 Suncorp Metway 1,221.8 1,120.7 GROSS DOMESTIC PRODUCT, 2009-2012 (1)
Wesfarmers General 1,129.5 1,036.1 Insurance Limited Year GDP Source: Axco Insurance Information Services. 2009 $824.9
2010 819.0 LEADING LIFE INSURANCE COMPANIES, 2010 2011 889.6
2012 917.7 Gross written premiums (1) Based on Purchasing Power Parity calculations, which take into account the relative cost of living and inflation rates of Company AUD Mn USD Mn countries. GDP estimate for July for each year shown. Source: U.S. Central Intelligence Agency. AMP 11,197.3 10,271.3
MLC 7,154.6 6,562.9
OnePath 5,479.0 5,025.8 LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 (U.S. $ millions) CommInsure 3,512.9 3,222.4
AXA Australia 2,628.2 2,410.8 Direct premiums
Westpac 1,467.3 1,346.0 written Tower 1,298.4 1,191.1 Nonlife premiums (1) $43,899 Challenger 1,175.5 1,078.3 Life premiums 45,187 AIA Australia 876.8 804.3 Total premiums $89,086 BT 724.8 664.8 Percent of total world 1.94% Source: Axco Insurance Information Services. premiums
(1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 18
Austria
LEADING NONLIFE INSURANCE COMPANIES, 2010 INSURANCE ASSOCIATION
Austrian Insurance Association Gross written Verband der Versicherungsunternehmen Oesterreichs premiums Web: www.vvo.at
Company EUR Mn USD Mn POPULATION, 2008-2011 (1) Generali Versicherung 1,262.2 1,671.8 Wiener Staedtische 1,037.0 1,373.5 Versicherung Year Population Uniqua Sachversicherung 972.7 1,288.4 2008 21,262,641 Allianz Elementar 832.1 1,102.2 2009 21,262,641 Versicherung Donau Versicherung 497.3 658.7 2010 21,766,711 Zurich Versicherung 387.0 512.5 2011 22,015,576 Grazer Wechselseitige (1) Estimated. 307.6 407.4 Versicherung Source: U.S. Central Intelligence Agency.
Oberosterreichis che 256.2 339.4 Versicherung GROSS DOMESTIC PRODUCT, 2009-2012 (1) Niedersoterrichis che 201.0 266.3 Versicherung Year GDP HDI Versicherung 161.7 214.2 Source: Axco Insurance Information Services. 2009 $325.0 2010 323.1 LEADING LIFE INSURANCE COMPANIES, 2010 2011 332.6 2012 351.4 Gross written
premiums (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. Company EUR Mn USD Mn Source: U.S. Central Intelligence Agency.
Wiener Staedtische 1,054.9 1,397.2 Allgemeine Versicherung LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 Sparkassen Versicherung 879.7 1,165.2 (U.S. $ millions)
Finance-Life 789.1 1,045.2 Lebensversicherun Direct premiums
written Generali Versicherung 668.3 885.2 Bank Austria Creditanstalt 589.0 780.1 Nonlife premiums (1) $13,300 Raiffeisen Versicherung 476.5 631.1 Life premiums 9,751 Allianz Elementar Total premiums $23,051 419.9 556.1 Lebensverischerungs Percent of total world 0.50% UNIQA premiums 383.6 508.1 Personenversicherung (1) Includes accident and health insurance. Wuestenrot Versicherungs 317.2 420.1 Source: Swiss Re, sigma, No. 3/2012.
BAWAG PSK Versicherung 266.6 353.1 Source: Axco Insurance Information Services.
2013 International Insurance Fact Book updates at www.iii.org/international/ 19
Bahamas
LEADING LIFE INSURANCE COMPANIES, 2008 INSURANCE ASSOCIATION
Gross written premiums Bahamas General Insurance Association Web: www.bahamasinsurance.org Company USD Mn
Colina Imperial 147.4 Family Guardian 73.3 POPULATION, 2008-2011 (1)
Atlantic Medical 67.5 Year Population British American 19.4 Generali Worldwide 17.5 2008 309,156 Capital Life 6.6 2009 307,552 Metlife 6.5 2010 313,312 Laurentide 5.0 2011 316,182 Sirius 2.0 (1) Estimated. Source: U.S. Central Intelligence Agency. Sagicor 0.8 Source: Axco Insurance Information Services.
GROSS DOMESTIC PRODUCT, 2009-2012 (1)
Year GDP
2009 $9.2 2010 9.1 2011 8.9 2012 10.8 (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, 2010 (U.S. $ millions)
Direct premiums
written
Nonlife premiums (1) $542 Life premiums 188 Total premiums $730 Percent of total world 0.02% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 2/2011.
2013 International Insurance Fact Book updates at www.iii.org/international/ 20
Bahrain
LEADING NONLIFE INSURANCE COMPANIES, 2010 INSURANCE ASSOCIATION
Bahrain Insurance Association Gross written premiums Web: www.bia-bh.com
Company BHD Mn USD Mn POPULATION, 2008-2011 (1) Bahrain Kuwait 22.9 60.9 Bahrain National 15.9 42.2 Year Population Axa 14.3 38.0 2008 NA Takaful International 13.7 36.5 2009 728,709 Gulf Union 13.0 34.7 2010 1,214,705 Al Ahlia 11.5 30.6 2011 1,248,348 ACE 11.2 29.7 (1) Estimated. Saudi National 10.9 29.0 NA=Data not available. Source: U.S. Central Intelligence Agency. Solidarity General Takaful 7.2 19.2
United 5.5 14.6 Source: Axco Insurance Information Services. GROSS DOMESTIC PRODUCT, 2009-2012 (1)
Year GDP LEADING LIFE INSURANCE COMPANIES, 2011 2009 NA Gross written premiums 2010 $28.0 2011 29.8 Company BHD Mn USD Mn 2012 30.8 Life Insurance Corp. 21.8 57.4 (1) Based on Purchasing Power Parity calculations, which take Alico 10.8 28.4 into account the relative cost of living and inflation rates of countries. GDP estimate for July for each year shown. Zurich 10.8 28.3 NA=Data not available. Source: U.S. Central Intelligence Agency. Solidarity Family Takaful 2.4 6.3 Allianz Takaful 1.8 4.8 LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 Bahrain National Life 1.8 4.7 (U.S. $ millions) Takaful International 1.3 3.5 T'azur 0.3 0.9 Direct premiums
Legal & General Gulf 0.2 0.4 written Arabia Insurance Company 0.1 0.4 Nonlife premiums (1) $431 Source: Axco Insurance Information Services. Life premiums 148
Total premiums $579 Percent of total world 0.01% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 21
Bangladesh
LEADING NONLIFE INSURANCE COMPANIES, 2008 INSURANCE ASSOCIATION
Bangladesh Insurance Association Gross written premiums Web: www.dailyneeds.com.bd
Company BDT Mn USD Mn
Sadharan Bima Corporation 1,419.0 20.7 POPULATION, 2008-2011 (1) Green Delta Insurance Co 1,400.2 20.4 Ltd Year Population Reliance Insurance Limited 1,096.1 16.0 2008 156,050,883 Pragati Insurance Ltd 979.1 14.3 2009 156,050,883 Pioneer Insurance Co Ltd 665.4 9.7 2010 158,570,535 Rupali Insurance Co Ltd 454.3 6.6 2011 161,083,804 Phoenix Insurance Co Ltd 361.0 5.3 (1) Estimated. Bangladesh Gen Ins Co Ltd 352.1 5.1 Source: U.S. Central Intelligence Agency. Eastland Insurance Co Ltd 351.0 5.1
Peoples Insurance Co Ltd 321.5 4.7 Source: Axco Insurance Information Services. GROSS DOMESTIC PRODUCT, 2009-2012 (1)
LEADING LIFE INSURANCE COMPANIES, 2008 Year GDP
2009 $228.4 Gross written premiums 2010 242.2 2011 259.3 Company BDT Mn USD Mn 2012 282.5 ALICO 7,890.8 115.0 (1) Based on Purchasing Power Parity calculations, which take National Life 4,069.2 59.3 into account the relative cost of living and inflation rates of countries. GDP estimate for July for each year shown. Popular Life 3,932.4 57.3 Source: U.S. Central Intelligence Agency.
Delta Life 3,875.2 56.5
Fareast Islami Life 3,197.8 46.6 Jiban Bima Corporation 3,078.2 44.9 LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 (U.S. $ millions) Meghna Life 2,312.7 33.7 Sandhani Life 1,904.0 27.8 Direct premiums
Homeland Life 1,234.8 18.0 written
Padma Islami Life 1,187.9 17.3 Nonlife premiums (1) $255 Source: Axco Insurance Information Services. Life premiums 789
Total premiums $1,044 Percent of total world 0.02% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 22
Belgium
LEADING NONLIFE INSURANCE COMPANIES, 2010 INSURANCE ASSOCIATION
Insurance Company Association Gross written premiums Assuralia Web: www.assuralia.be Company EUR Mn USD Mn
AXA Belgium 1,969.4 2,608.5 AG Insurance 1,577.6 2,089.5 POPULATION, 2008-2011 (1)
Ethias 1,093.3 1,448.1 Year Population KBC Assurances 801.8 1,062.0 DIB 437.0 578.8 2008 10,414,336 DKV 397.4 526.4 2009 10,414,336 Allianz Belgium 350.5 464.2 2010 10,431,477 Mercator Assurances 349.5 462.9 2011 10,438,353 VIVIUM (ex ING) 347.0 459.6 (1) Estimated. Source: U.S. Central Intelligence Agency. P&V 166.6 220.6 Source: Axco Insurance Information Services.
GROSS DOMESTIC PRODUCT, 2009-2012 (1) LEADING LIFE INSURANCE COMPANIES, 2010
Year GDP Gross written premiums 2009 $398.7 Company EUR Mn USD Mn 2010 381.4
AG Insurance 5,127.8 6,791.8 2011 396.9 KBC Assurance 2,481.2 3,286.3 2012 412.0 (1) Based on Purchasing Power Parity calculations, which take AXA Belgium 2,473.9 3,276.6 into account the relative cost of living and inflation rates of DIB 1,791.7 2,373.1 countries. GDP estimate for July for each year shown. Source: U.S. Central Intelligence Agency. Ethias 1,367.2 1,810.9 ING Life 853.3 1,130.2
Delta lloyd life 849.5 1,125.1 LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 Allianz Belgium 772.4 1,023.0 (U.S. $ millions)
VIVIUM Life (ex ING) 592.7 785.1 Direct premiums Generali Belgium 456.9 605.2 written Source: Axco Insurance Information Services. Nonlife premiums (1) $15,140 Life premiums 25,947 Total premiums $41,087 Percent of total world 0.89% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 23
Bermuda
LEADING INSURANCE COMPANIES, 2010 (1) INSURANCE ASSOCIATION
Bermuda Insurance Institute Gross written Web: www.bii.bm premiums
Company USD Mn
ACE 13,503.7 POPULATION, 2008-2011 (1) XL Capital 5,031.1 PartnerRe 4,776.5 Year Population
Catlin Group 3,219.0 2008 67,837 AXIS Capital Holdings 2,947.4 2009 NA Arch Capital Group 2,552.5 2010 68,679 Aspen Insurance Holdings 1,898.0 2011 69,080 Everest Reinsurance 1,780.6 (1) Estimated. (Bermuda) NA=Data not available. Source: U.S. Central Intelligence Agency. Valdius Holdings 1,761.1
Hiscox 1,749.1 (1) Includes life, nonlife and reinsurance. Source: Axco Insurance Information Services. GROSS DOMESTIC PRODUCT, 2009-2012 (1)
Year GDP
2009 $4.5 2010 NA 2011 4.5 2012 4.5 (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.
2013 International Insurance Fact Book updates at www.iii.org/international/ 24
Brazil
LEADING NONLIFE INSURANCE COMPANIES, 2010 INSURANCE ASSOCIATION
Federacao Nacional das Empresas de Seguros Privados Gross written premiums e de Capitalizacao Web: www.fenaseg.org.br Company BRL Mn USD Mn Porto Seguro Cia De Seguros 3,959.5 2,275.6 Gerais POPULATION, 2008-2011 (1) Bradesco Auto/Re Companhia De 3,732.6 2,145.2 Seguros Itau Seguros S/A 3,530.8 2,029.2 Year Population
Mapfre Vera Cruz Seguradora S/A 2,798.1 1,608.1 2008 198,739,269 Sul América Cia Nacional De 2,482.6 1,426.8 Seguros 2009 198,739,269 Allianz Seguros S.A. 2,015.0 1,158.0 2010 203,429,773 Itaú Seguros De Auto E 2011 205,716,890 1,769.2 1,016.8 Residência S.A. (1) Estimated. Brasilveículos Companhia De Source: U.S. Central Intelligence Agency. 1,574.3 904.8 Seguros
Hdi Seguros S/A 1,447.5 831.9
Liberty Seguros S/A 1,429.8 821.7 GROSS DOMESTIC PRODUCT, 2009-2012 (1) Source: Axco Insurance Information Services.
LEADING LIFE INSURANCE COMPANIES, 2010 Year GDP
2009 $2,030.0 Gross written premiums 2010 2,024.0
Company BRL Mn USD Mn 2011 2,194.0
Bradesco Vida e Previdencia 14,020.0 8,057.5 2012 2,284.0 (1) Based on Purchasing Power Parity calculations, which take Itau Vida e Previdencia 7,582.2 4,357.6 into account the relative cost of living and inflation rates of Brasilprev Seguros e Previdencia 7,552.3 4,340.4 countries. GDP estimate for July for each year shown. Source: U.S. Central Intelligence Agency. Santander Seguros 5,535.1 3,181.1 CAIXA Vida e Previdencia 2,967.7 1,705.6 Companhia de Seguros Alianca do 1,727.7 992.9 Brasil LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 (U.S. $ millions) HSBC Vida e Previdencia (Brasil) 1,522.5 875.0
Itau Seguros 1,080.8 621.2 Direct premiums MetLife Seguros e Previdencia 688.1 395.5 written MAPFRE Vera Cruz Vida e 657.3 377.7 Previdencia Nonlife premiums (1) $37,240 Groupama 8.3 5.6 Life premiums 41,046 Source: Axco Insurance Information Services Total premiums $78,287 Percent of total world 1.70% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 25
Bulgaria
LEADING NONLIFE INSURANCE COMPANIES, 2010 INSURANCE ASSOCIATION
Association of Bulgarian Insurers Gross written premiums Web: www.abz.bg
Company BGN Mn USD Mn
Bulstrad 180.7 122.3 POPULATION, 2008-2011 (1) DZI General 172.5 116.8 Armeec 155.3 105.1 Year Population
Allianz Bulgaria 141.7 95.9 2008 7,204,687 Bul Ins 135.8 91.9 2009 7,204,687 Lev Ins 135.2 91.5 2010 7,093,635 UNIQA 72.0 48.7 2011 7,037,935 Euroins 71.9 48.7 (1) Estimated. Generali 54.1 36.6 Source: U.S. Central Intelligence Agency.
Energia 51.8 35.0 Source: Axco Insurance Information Services.
GROSS DOMESTIC PRODUCT, 2009-2012 (1) LEADING LIFE INSURANCE COMPANIES, 2010
Year GDP Gross written premiums 2009 $95.9 Company BGN Mn USD Mn 2010 90.4
Allianz Bulgaria Life 51.9 35.1 2011 92.2 DZI 32.8 22.2 2012 101.2 (1) Based on Purchasing Power Parity calculations, which take Bulstrad Life 26.5 18.0 into account the relative cost of living and inflation rates of SyVZK 26.4 17.9 countries. GDP estimate for July for each year shown. Source: U.S. Central Intelligence Agency. UNIQA Life 21.5 14.6 Alico Bulgaria 21.3 14.4
UBB-Alico 16.9 11.4 LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 Grawe Bulgaria Life 16.5 11.2 (U.S. $ millions)
Generali Life 11.1 7.5 Direct premiums Groupama 8.3 5.6 written Source: Axco Insurance Information Services. Nonlife premiums (1) $968 Life premiums 163 Total premiums $1,131 Percent of total world 0.02% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 26
Canada
LEADING NONLIFE INSURANCE COMPANIES, 2010 INSURANCE ASSOCIATION
Insurance Bureau of Canada Gross written Web: www.ibc.ca premiums
Company CAD Mn USD Mn POPULATION, 2008-2011 (1)
Intact Financial 4,352.4 4,224.9 Year Population Aviva Canada 3,132.9 3,041.2 TD Meloche Monnex 2,334.8 2,266.4 2008 33,487,208 Co-Operators Group 2,131.3 2,068.9 2009 NA Royal & Sun Alliance 1,981.2 1,923.2 2010 34,030,589 Lloyd's 1,959.8 1,902.4 2011 34,300,083 Wawanesa Mutual 1,937.1 1,880.4 (1) Estimated. NA=Data not available. AXA Canada 1,894.3 1,838.9 Source: U.S. Central Intelligence Agency.
EconomicalInsurance 1,626.4 1,578.8 Group GROSS DOMESTIC PRODUCT, 2009-2012 (1) Desjardins General 1,618.8 1,571.4 Source: Axco Insurance Information Services. Year GDP
2009 $1,336.0 LEADING LIFE INSURANCE COMPANIES, 2010 2010 NA 2011 1,335.0 Gross written
premiums 2012 1,389.0 (1) Based on Purchasing Power Parity calculations, which take CAD USD into account the relative cost of living and inflation rates of Company Mn Mn countries. GDP estimate for July for each year shown. NA=Data not available. Sun Life Assurance Co. of Source: U.S. Central Intelligence Agency. 5,638.3 5,473.0 Canada
Manufacturers Life Insurance Co 4,457.2 4,326.5 LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 London Life Insurance Co. 2,525.5 2,451.5 (U.S. $ millions)
Industrial Alliance Insurance & 2,315.6 2,247.7 Financial Services Direct premiums
Canada Life Financial Corp. 1,814.6 1,761.4 written Great-West Life Assurance Co. 1,149.0 1,115.4 Nonlife premiums (1) $69,045 Desjardins Financial Security Life premiums 52,167 1,125.8 1,092.8 Life Assurance Total premiums $121,213 Munich Reinsurance Co. 1,040.0 1,009.5 Percent of total world 2.64% Standard Life Assurance Co. of premiums 816.6 792.6 Canada (1) Includes accident and health insurance. Swiss Reinsurance Co. 583.4 566.3 Source: Swiss Re, sigma, No. 3/2012.
Source: Axco Insurance Information Services.
2013 International Insurance Fact Book updates at www.iii.org/international/ 27
Chile
LEADING NONLIFE INSURANCE COMPANIES, 2010 INSURANCE ASSOCIATION
The Chilean Insurance Association Gross written Asociacion de Aseguradores de Chile premiums Web: http://portal.aach.cl/home.asp
Company CLP Mn USD Mn
Royal and Sun Alliance 206,934.5 405.6 POPULATION, 2008-2011 (1) Penta Security 160,664.3 314.9 MAPFRE Seguros Year Population 139,910.9 274.2 Generales 2008 16,601,707 BCI 130,291.5 255.4 2009 16,601,707 Liberty 122,556.7 240.2 2010 16,888,760 Chilena Consolidada 110,530.9 216.6 2011 17,067,369 Magallanes 109,078.4 213.8 (1) Estimated. Cardif 106,414.2 208.6 Source: U.S. Central Intelligence Agency. Santander 81,993.0 160.7
ACE 69,694.8 136.6 Source: Axco Insurance Information Services. GROSS DOMESTIC PRODUCT, 2009-2012 (1)
LEADING LIFE INSURANCE COMPANIES, 2010 Year GDP
2009 $252.9 Gross written premiums 2010 244.3 2011 260.0 Company CLP Mn USD Mn 2012 281.0 MetLife 300,059.7 588.1 (1) Based on Purchasing Power Parity calculations, which take Consorcio 231,202.6 453.1 into account the relative cost of living and inflation rates of countries. GDP estimate for July for each year shown. Chilena 218,572.3 428.4 Source: U.S. Central Intelligence Agency.
Corp Vida 199,509.8 391.0
Intervida 159,122.1 311.9 Santander 155,825.8 305.4 LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 (U.S. $ millions) Cruz del Sur 139,208.4 272.8 Principal 138,664.3 271.8 Direct premiums
Camara 132,572.2 259.8 written
Euro 124,749.6 244.5 Nonlife premiums (1) $4,091 Source: Axco Insurance Information Services. Life premiums 5,578
Total premiums $9,669 Percent of total world 0.21% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 28
China, People's Republic of
LEADING NONLIFE INSURANCE COMPANIES, 2010 INSURANCE ASSOCIATION
Insurance Association of China Gross written premiums Web: www.iachina.cn
Company CNY Mn USD Mn
PICC Property & Casualty 153,930.0 22,736.1 POPULATION, 2008-2011 (1) Ping An Property 62,115.7 9,174.7 China Pacific Property 51,529.0 7,611.0 Year Population
China United Property 19,336.3 2,856.1 2008 1,338,612,968 China Continent P&C 13,817.2 2,040.9 2009 1,338,612,968 China Life P&C 11,265.5 1,664.0 2010 1,336,718,015 Sunshine Property 10,635.6 1,570.9 2011 1,343,239,923 Sinosure 8,907.9 1,315.7 (1) Estimated. Tian An 8,027.7 1,185.7 Source: U.S. Central Intelligence Agency.
Anbang P&C 7,030.3 1,038.4 Source: Axco Insurance Information Services. GROSS DOMESTIC PRODUCT, 2009-2012 (1)
LEADING LIFE INSURANCE COMPANIES, 2010 Year GDP Gross written premiums 2009 $7,800.0 2010 8,791.0 Company CNY Mn USD Mn 2011 9,872.0 China Life 333,039.8 49,191.3 2012 11,300.0 Ping An Life 159,063.9 23,494.4 (1) Based on Purchasing Power Parity calculations, which take into account the relative cost of living and inflation rates of New China Life 93,643.1 13,831.5 countries. GDP estimate for July for each year shown. China Pacific Life 91,999.9 13,588.7 Source: U.S. Central Intelligence Agency.
Taikang Life 86,764.6 12,815.5 LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 PICC Life 82,425.5 12,174.6 (U.S. $ millions)
Taiping Life 33,024.6 4,877.9 Direct premiums
Sino Life 15,318.1 2,262.5 written Sunshine Life 15,168.9 2,240.5 Nonlife premiums (1) $87,319 China Life Group 14,540.9 2,147.7 Life premiums 134,539 Source: Axco Insurance Information Services. Total premiums $221,858 Percent of total world 4.83% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 29
Colombia
LEADING NONLIFE INSURANCE COMPANIES, 2010 INSURANCE ASSOCIATION
The Colombian Association of Insurance Agents Gross written premiums Asociacion Colombiana de Agentes de Seguros Web: www.acoas.com.co Company COP Mn USD Mn
Suramericana 988,345.8 520.6 POPULATION, 2008-2011 (1) Liberty 690,351.9 363.6 Colseguros 585,228.1 308.2 Year Population
La Previsora 511,606.1 269.5 2008 45,644,023 QBE 506,280.9 266.7 2009 43,677,372 Colpatria 470,144.2 247.6 2010 44,725,543 MAPFRE 431,699.1 227.4 2011 45,239,079 Estado 407,062.6 214.4 (1) Estimated. Bolivar 385,842.5 203.2 Source: U.S. Central Intelligence Agency.
RSA 306,268.2 161.3 Source: Axco Insurance Information Services. GROSS DOMESTIC PRODUCT, 2009-2012 (1)
LEADING LIFE INSURANCE COMPANIES, 2010 Year GDP
2009 $407.2 Gross written premiums 2010 400.3 2011 431.9 Company COP Mn USD Mn 2012 467.0 Suramericana 1,320,159.7 695.3 (1) Based on Purchasing Power Parity calculations, which take Bolivar 743,529.9 391.6 into account the relative cost of living and inflation rates of countries. GDP estimate for July for each year shown. Alfa 580,928.4 306.0 Source: U.S. Central Intelligence Agency.
MAPFRE 524,786.7 276.4
ARP Sura 402,419.4 212.0 LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 Positiva 333,189.4 175.5 (U.S. $ millions)
Colseguros 296,462.9 156.2 Direct premiums
Colpatria 282,193.0 148.6 written Colmena 275,752.3 145.2 Nonlife premiums (1) $5,343 BBVA Seguros 166,824.9 87.9 Life premiums 2,282 Source: Axco Insurance Information Services. Total premiums $7,624 Percent of total world 0.17% premiums (1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 30
Costa Rica
LEADING NONLIFE INSURANCE COMPANIES, 2010 INSURANCE ASSOCIATION
Instituto Nacional de Seguros Gross written premiums Web: www.ins-cr.com
Company CRC Mn USD Mn
INS 225,535.6 428.9 POPULATION, 2008-2011 (1) ASSA 2,313.8 4.4 MAPFRE 383.3 0.7 Year Population Source: Axco Insurance Information Services. 2008 4,253,877 2009 4,253,877 LEADING LIFE INSURANCE COMPANIES, 2010 2010 4,576,562 2011 4,636,348 Gross written premiums (1) Estimated. Source: U.S. Central Intelligence Agency. Company CRC Mn USD Mn
IN 147,549.3 280.6 Seguros del Magisterio 1,547.6 2.9 GROSS DOMESTIC PRODUCT, 2009-2012 (1)
Alico 342.7 0.7 Pan American 77.9 0.2 Year GDP Source: Axco Insurance Information Services. 2009 $49.7
2010 48.2 2011 51.6 2012 54.5 (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, 2011 (U.S. $ millions)
Direct premiums
written
Nonlife premiums (1) $743 Life premiums 72 Total premiums $815 Percent of total world 0.02% premiums (1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 31
Croatia
LEADING NONLIFE INSURANCE COMPANIES, 2011 INSURANCE ASSOCIATION
Croatian Insurance Bureau Gross written premiums Hrvatski Ured Za Osiguranje Web: www.huo.hr Company HRK Mn USD Mn
Croatia 2,451.1 460.7 POPULATION, 2008-2011 (1) Euroherc 1,000.4 188.0 Allianz Zagreb 652.2 122.6 Year Population
Jadransko 640.1 120.3 2008 4,489,409 Triglav 324.5 61.0 2009 4,489,409 Kvarner VIG 261.6 49.2 2010 4,483,804 Basler osig Zagreb 210.8 39.6 2011 4,480,043 Generali 202.9 38.1 (1) Estimated. HOK 176.7 33.2 Source: U.S. Central Intelligence Agency.
Sunce 172.4 32.4 Source: Axco Insurance Information Services. GROSS DOMESTIC PRODUCT, 2009-2012 (1)
LEADING LIFE INSURANCE COMPANIES, 2011 Year GDP
2009 $73.4 Gross written premiums 2010 79.2 2011 78.5 Company HRK Mn USD Mn 2012 80.9 Allianz Zagreb 373.4 70.2 (1) Based on Purchasing Power Parity calculations, which take Croatia 341.7 64.2 into account the relative cost of living and inflation rates of countries. GDP estimate for July for each year shown. Merkur 255.0 47.9 Source: U.S. Central Intelligence Agency.
Grawe Hrvatska 245.9 46.2
Basler osig. Zagreb 200.8 37.7 LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 Agram životno 200.7 37.7 (U.S. $ millions)
Kvarner VIG 186.9 35.1 Direct premiums
Generali 125.6 23.6 written Helios VIG 123.2 23.2 Nonlife premiums (1) $1,256 Erste VIG 104.3 19.6 Life premiums 455 Source: Axco Insurance Information Services. Total premiums $1,711 Percent of total world 0.04% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 32
Cyprus
LEADING NONLIFE INSURANCE COMPANIES, 2010 INSURANCE ASSOCIATION
Insurance Association of Cyprus Gross written Web: www.iac.org.cy premiums
Company EUR Mn USD Mn POPULATION, 2008-2011 (1)
Laiki Insurance 67.9 88.3 Year Population General Insurance of 55.5 72.2 Cyprus 2008 796,740 Pancyprian 34.7 45.1 2009 1,084,748 Cosmos 26.1 33.9 2010 1,120,489 Universal Life 25.9 33.7 2011 1,138,071 American Home 22.9 29.8 (1) Estimated. Atlantic 20.6 26.8 Source: U.S. Central Intelligence Agency.
Minerva 17.4 22.7 Alpha 16.2 21.1 GROSS DOMESTIC PRODUCT, 2009-2012 (1)
Commercial General 14.3 18.5 Year GDP Source: Axco Insurance Information Services.
2009 $23.1
LEADING LIFE INSURANCE COMPANIES, 2010 2010 22.9 2011 23.2 Gross written premiums 2012 23.8 (1) Based on Purchasing Power Parity calculations, which take Company EUR Mn USD Mn into account the relative cost of living and inflation rates of countries. GDP estimate for July for each year shown. Laiki Cyprialife 106.8 138.9 Source: U.S. Central Intelligence Agency.
Eurolife 105.7 137.5
Universal Life 54.5 70.8 LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 (U.S. $ millions) MetLife (ALICO) 26.5 34.5
Interlife 24.7 32.1 Direct premiums
Allianz Hellas Life 16.0 20.8 written Alpha 12.4 16.1 Nonlife premiums (1) $624 Hellenic ALICO 11.5 15.0 Life premiums 543 Ethniki 7.1 9.2 Total premiums $1,167 Liberty Life 6.8 8.9 Percent of total world 0.03% Source: Axco Insurance Information Services. premiums
(1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 33
Czech Republic
LEADING NONLIFE INSURANCE COMPANIES, 2010 INSURANCE ASSOCIATION
Czech Insurance Association Gross written Ceska Asociace Pojistoven premiums Web: www.cap.cz
Company CZK Mn USD Mn POPULATION, 2008-2011 (1) Ceska pojistovna 22,743.3 1,190.9 Kooperativa 22,537.6 1,180.1 Year Population Allianz 7,030.3 368.1 2008 10,211,904 Generali pojistovna 6,111.5 320.0 2009 10,211,904 Ceska Podnikatelska 4,519.4 236.6 pojistovna 2010 10,190,213 CSOB pojistovna 3,944.5 206.5 2011 10,177,300 UNIQA 3,722.1 194.9 (1) Estimated. Source: U.S. Central Intelligence Agency. EGAP 2,257.7 118.2 Cardif 1,677.1 87.8 GROSS DOMESTIC PRODUCT, 2009-2012 (1) Pojistovna CS 683.0 35.8 Source: Axco Insurance Information Services. Year GDP
2009 $273.7 LEADING LIFE INSURANCE COMPANIES, 2010 2010 256.7 Gross written premiums 2011 262.8 2012 272.2 Company CZK Mn USD Mn (1) Based on Purchasing Power Parity calculations, which take into account the relative cost of living and inflation rates of Ceska pojistovna 15,656.2 819.8 countries. GDP estimate for July for each year shown. Source: U.S. Central Intelligence Agency. Komercni pojistovna 8,689.3 455.0
Pojistovna CS 8,519.8 446.1 LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 Kooperativa 8,357.1 437.6 (U.S. $ millions) CSOB pojistovna 6,290.6 329.4 ING 5,972.5 312.7 Direct premiums
Axa Zivotni pojistovna 3,791.9 198.6 written
Allianz 3,620.9 189.6 Nonlife premiums (1) $4,694 Generali pojistovna 2,835.1 148.5 Life premiums 4,069 MetLife AMCICO 1,905.9 99.8 Total premiums $8,764 Source: Axco Insurance Information Services. Percent of total world 0.19% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 34
Denmark
LEADING NONLIFE INSURANCE COMPANIES, 2010 INSURANCE ASSOCIATION
Gross written premiums Danish Insurance Association Forsikring & Pension Company DKK Mn USD Mn Web: www.forsikringogpension.dk
Tryg Skade 18,779.7 3,339.2 Codan Forsikring 6,954.0 1,236.5 POPULATION, 2008-2011 (1)
Topdanmark 6,098.0 1,084.3 Year Population Alm. Brand Forsikring 4,674.5 831.2 Sygeforsikring Danmark 2,543.9 452.3 2008 5,500,510 Danske Forsikring 1,920.9 341.6 2009 5,500,510 Alka 1,657.5 294.7 2010 5,529,888 Nykredit Forsikring 1,587.0 282.2 2011 5,543,453 GF-Forsikring 1,436.0 255.3 (1) Estimated. Source: U.S. Central Intelligence Agency. Laererstanden 1,365.4 242.8 Source: Axco Insurance Information Services. GROSS DOMESTIC PRODUCT, 2009-2012 (1)
LEADING LIFE INSURANCE COMPANIES, 2010 Year GDP Gross written 2009 $213.6
premiums 2010 197.7 2011 201.4 Company DKK Mn USD Mn 2012 208.8 PFA Pension 17,309.4 3,077.8 (1) Based on Purchasing Power Parity calculations, which take Danica Pension 15,211.0 2,704.7 into account the relative cost of living and inflation rates of countries. GDP estimate for July for each year shown. PensionDanmark 10,368.7 1,843.7 Source: U.S. Central Intelligence Agency.
Nordea Liv og Pension A/S 9,464.3 1,682.8
SAMPENSION KP 7,322.6 1,302.0 LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 Livforsikring (U.S. $ millions) Industriens 6,206.0 1,103.5 Pensionsforsikring Direct premiums
AP Pension 5,040.6 896.3 written
Pen-Sam Liv 4,403.5 783.0 Nonlife premiums (1) $11,208 SEB Pensionsforsikring 4,250.1 755.7 Life premiums 21,482 Laerernes Pension 3,978.5 707.4 Total premiums $32,691 Source: Axco Insurance Information Services. Percent of total world 0.71% premiums (1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 35
Dominican Republic
INSURANCE ASSOCIATION LEADING NONLIFE INSURANCE COMPANIES, 2010 Dominican Association of Insurers and Reinsurers Gross written Camara Dominicana de Aseguradores y premiums Reaseguradores Inc. Web: www.cadoar.org.do Company DOP Mn USD Mn
Seguros Universal 4,687.1 127.0 POPULATION, 2008-2011 (1) Seguros Banreservas 3,923.5 106.3 MAPFRE Seguros 2,935.7 79.5 Year Population
Proseguros SA 2,267.0 61.4 2008 9,650,054 La Colonial de Seguros 2,172.8 58.9 2009 9,650,054 Seguros Constitucion SA 1,097.7 29.7 2010 9,956,648 La Monumental de Seguros 559.6 15.2 2011 10,088,598 Seguros Pepin 482.1 13.1 (1) Estimated. Confederacion del Canada Source: U.S. Central Intelligence Agency. 193.4 5.2 Dominicana
Seguros La Internacional 192.0 5.2 GROSS DOMESTIC PRODUCT, 2009-2012 (1) Source: Axco Insurance Information Services.
Year GDP LEADING LIFE INSURANCE COMPANIES, 2010 2009 $83.3
2010 78.9 Gross written
premiums 2011 84.9 2012 93.2 Company DOP Mn USD Mn (1) Based on Purchasing Power Parity calculations, which take into account the relative cost of living and inflation rates of Seguros Universal 1,578.1 42.7 countries. GDP estimate for July for each year shown. Source: U.S. Central Intelligence Agency. MAPFRE Seguros 771.2 20.9
Seguros Banreservas 703.5 19.1 LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 Scotia Seguros S.A. 557.7 15.1 (U.S. $ millions) La Colonial de Seguros 505.0 13.7 Proseguros, S.A. 351.6 9.5 Direct premiums
Seguros Worldwide C. x A 308.2 8.4 written
BMI 114.3 3.1 Nonlife premiums (1) $635 Seguros Constitución, S.A. 57.1 1.6 Life premiums 105 Cuna Mutual Insurance 42.7 1.2 Total premiums $740 Society Percent of total world 0.02% Source: Axco Insurance Information Services. premiums
(1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 36
Ecuador
LEADING NONLIFE INSURANCE COMPANIES, 2010 INSURANCE ASSOCIATION
Asociacion de Companias de Seguros del Ecuador Gross written premiums Web: www.acose.org
Company USD Mn
Colonial 167.0 POPULATION, 2008-2011 (1) Equinoccial 111.1 ACE Seguros 70.5 Year Population
Sucre 70.3 2008 14,573,101 Rio Guayas 67.5 2009 14,573,101 AIG Metropolita 55.9 2010 15,007,343 Pan Americana Del Ecuador 45.5 2011 15,223,680 Seguros Unidos 42.5 (1) Estimated. Oriente 40.4 Source: U.S. Central Intelligence Agency.
MAPFRE-ATLAS 38.9 Source: Axco Insurance Information Services. GROSS DOMESTIC PRODUCT, 2009-2012 (1)
LEADING LIFE INSURANCE COMPANIES, 2010 Year GDP Gross written premiums 2009 $107.0 2010 107.1 Company USD Mn 2011 115.3 Seguros De Pichincha 33.9 2012 124.8 Equivda 29.5 (1) Based on Purchasing Power Parity calculations, which take into account the relative cost of living and inflation rates of Sucre 15.2 countries. GDP estimate for July for each year shown. Pan American Life 14.0 Source: U.S. Central Intelligence Agency.
Colvida 11.4 Rio Guayas 10.7 LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 Pan Americana Del Ecuador 10.2 (U.S. $ millions) Coopseguro 9.2 AIG Metropolita 8.8 Direct premiums
written Seguros Unidos 8.2 Source: Axco Insurance Information Services. Nonlife premiums (1) $1,105 Life premiums 231 Total premiums $1,337 Percent of total world 0.03% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 37
Egypt
LEADING NONLIFE INSURANCE COMPANIES, 2009 INSURANCE ASSOCIATION
Insurance Federation of Egypt Gross written premiums Web: www.ifegypt.org
Company EGP Mn USD Mn
Misr 2,522.1 460.6 POPULATION, 2008-2011 (1) Suez Canal 318.9 58.2 National 293.5 53.6 Year Population
AIG Egypt 233.6 42.7 2008 83,082,869 AMIG 215.0 39.3 2009 78,866,635 Delta Insurance 201.7 36.8 2010 82,079,636 Allianz Insurance 193.8 35.4 2011 83,688,164 Co-Operative Insurance 190.2 34.7 (1) Estimated. Society of Egypt Source: U.S. Central Intelligence Agency. Mohandes 163.0 29.8
Bupa Egypt 145.4 26.6 Source: Axco Insurance Information Services. GROSS DOMESTIC PRODUCT, 2009-2012 (1)
LEADING LIFE INSURANCE COMPANIES, 2009 Year GDP
2009 $452.5 Gross written premiums 2010 470.4 2011 500.9 Company EGP Mn USD Mn 2012 515.4 Egypt (Misr) 1,078.7 197.0 (1) Based on Purchasing Power Parity calculations, which take CIL 540.3 98.7 into account the relative cost of living and inflation rates of countries. GDP estimate for July for each year shown. Allianz Life 516.1 94.3 Source: U.S. Central Intelligence Agency.
Alico (Pharaonic American) 212.4 38.8
Al Ahlia (National) 136.2 24.9 NSGB Life 87.6 16.0 LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 (U.S. $ millions) Delta Insurance 81.6 14.9 Mohandes 65.5 12.0 Direct premiums
Suez Canal 57.5 10.5 written
ACE Life 32.6 6.0 Nonlife premiums (1) $973 Source: Axco Insurance Information Services. Life premiums 740
Total premiums $1,714 Percent of total world 0.04% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 38
El Salvador
LEADING NONLIFE INSURANCE COMPANIES, 2010 INSURANCE ASSOCIATION
Asociacion Salvadorena de Empresas de Seguros Gross written Web: www.ases.com.sv premiums
Company USD Mn POPULATION, 2008-2011 (1)
Aseguradora Agricola 68.9 Year Population SISA VIDA, Seguros de 62.3 Personas 2008 NA La Centro Americana 53.6 2009 7,185,218 ASESUISA VIDA, Seguros de 51.9 2010 6,071,774 Personas 2011 6,090,646 Aseguradora Suiza Salvadorena 36.0 (1) Estimated. Scotia Seguros 34.8 NA=Data not available. Source: U.S. Central Intelligence Agency. Seguros e Inversiones 32.1 Chartis Vida, Seguros de 31.0 Personas GROSS DOMESTIC PRODUCT, 2009-2012 (1)
Chartis Seguros, El Salvador 21.0 Pan American Life Insurance 16.8 Year GDP Source: Axco Insurance Information Services. 2009 NA
2010 $43.2 LEADING LIFE INSURANCE COMPANIES, 2010 2011 44.0
2012 44.8 Gross written (1) Based on Purchasing Power Parity calculations, which take premiums into account the relative cost of living and inflation rates of countries. GDP estimate for July for each year shown. Company USD Mn NA=Data not available. Source: U.S. Central Intelligence Agency. Aseguradora Agricola 68.9
SISA VIDA, Seguros de 62.3 LIFE AND NONLIFE INSURANCE PREMIUMS, 2010 Personas (U.S. $ millions) La Centro Americana 53.6 ASESUISA VIDA, Seguros de Direct premiums 51.9 Personas written Aseguradora Suiza Salvadorena 36.0 Nonlife premiums (1) $364 Scotia Seguros 34.8 Life premiums 188 Seguros e Inversiones 32.1 Total premiums $552 Chartis Vida, Seguros de Percent of total world 31.0 0.01% Personas premiums Chartis Seguros, El Salvador 21.0 (1) Includes accident and health insurance. Pan American Life Insurance 16.8 Source: Swiss Re, sigma, No. 2/2011.
Source: Axco Insurance Information Services.
2013 International Insurance Fact Book updates at www.iii.org/international/ 39
Finland
LEADING NONLIFE INSURANCE COMPANIES, 2010 INSURANCE ASSOCIATION
Federation of Finnish Insurance Companies Gross written Web: www.vakes.fi premiums
Company EUR Mn USD Mn POPULATION, 2008-2011 (1) If P&C 840.1 1,112.7 Pohjola 817.4 1,082.7 Year Population Tapiola 646.7 856.6 2008 5,250,275 Fennia 331.2 438.6 2009 5,250,275 Local Insurance 133.3 176.6 Associations 2010 5,259,250 A-Vakuutus Oy 90.1 119.3 2011 5,262,930 Pohjantahti 83.8 111.0 (1) Estimated. Source: U.S. Central Intelligence Agency. Turva 77.2 102.3 Aktia 66.3 87.8
Eurooppalainen 42.0 55.6 GROSS DOMESTIC PRODUCT, 2009-2012 (1) Source: Axco Insurance Information Services.
Year GDP LEADING LIFE INSURANCE COMPANIES, 2010 2009 $201.2
2010 181.4 Gross written premiums 2011 187.6 Company EUR Mn USD Mn 2012 195.6
OP Life 1,846.5 2,445.7 (1) Based on Purchasing Power Parity calculations, which take into account the relative cost of living and inflation rates of Nordea Life 1,678.1 2,222.6 countries. GDP estimate for July for each year shown. Source: U.S. Central Intelligence Agency. Mandatum Life 1,101.0 1,458.3
Tapiola Life 256.1 339.2
Aktia Life 101.5 134.4 LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 Suomi 60.7 80.4 (U.S. $ millions) Fennia Life 60.2 79.7 Direct premiums Kaleva 56.4 74.8 written Duo 51.1 67.7 Alandia Liv 3.2 4.2 Nonlife premiums (1) $4,997 Source: Axco Insurance Information Services. Life premiums 20,406 Total premiums $25,404 Percent of total world 0.55% premiums (1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 40
France
LEADING NONLIFE INSURANCE COMPANIES, 2010 INSURANCE ASSOCIATION
Insurance Federation Gross written Federation Française des Societes d'Assurances premiums Web: www.ffsa.fr
Company EUR Mn USD Mn
Groupama 8,800.0 11,655.6 POPULATION, 2008-2011 (1) Covea (MAAF, MMA, GMF) 8,700.0 11,523.2 AXA 6,900.0 9,139.1 Year Population
Generali France 4,500.0 5,960.3 2008 64,057,792 Allianz France 3,300.0 4,370.9 2009 64,057,792 Groupe Credit Agricole 2,400.0 3,178.8 2010 65,312,249 Assurance 2011 65,630,692 Groupe ACM 2,000.0 2,649.0 (1) Estimated. BNP Paribas CARDIF 800.0 1,059.6 Source: U.S. Central Intelligence Agency. Societe Generale 200.0 264.9
Others 8,400.0 11,125.8 Source: Axco Insurance Information Services. GROSS DOMESTIC PRODUCT, 2009-2012 (1)
LEADING LIFE INSURANCE COMPANIES, 2010 Year GDP
2009 $2,097.0 Gross written 2010 2,113.0 premiums 2011 2,160.0 Company EUR Mn USD Mn 2012 2,214.0 (1) Based on Purchasing Power Parity calculations, which take CNP Assurances 26,100.0 34,569.5 into account the relative cost of living and inflation rates of Groupe Crédit Agricole countries. GDP estimate for July for each year shown. 21,200.0 28,079.5 Source: U.S. Central Intelligence Agency. Assurance
AXA 15,300.0 20,264.9
BNP Paribas CARDIF 12,300.0 16,291.4 LIFE AND NO NLIFE INSURANCE PREMIUMS, 2011 GENERALI France 11,400.0 15,099.3 (U.S. $ millions) Société Générale Insurance 10,600.0 14,039.7 Direct premiums GROUPAMA 8,600.0 11,390.7 written Allianz France 8,000.0 10,596.0 GROUPE ACM 6,700.0 8,874.2 Nonlife premiums (1) $98,359 Covéa (MAAF, MMA, GMF) 4,500.0 5,960.3 Life premiums 174,753 Source: Axco Insurance Information Services. Total premiums $273,112 Percent of total world 5.94% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 41
Germany
LEADING NONLIFE INSURANCE COMPANIES, 2010 INSURANCE ASSOCIATION
German Insurance Association Gross written premiums Gesamtverband der Deutschen Versicherungswirtschaft eV Company EUR Mn USD Mn Web: www.gdv.de
Allianz Vers 8,943.0 11,845.0 AXA Vers 3,187.0 4,221.2 POPULATION, 2008-2011 (1)
R+V Allgemeine Vers 2,721.0 3,604.0 Year Population Ergo Versicherung 2,643.0 3,500.7 HDI-Gerling Industrie 2,531.0 3,352.3 2008 82,329,758 Allianz Global Ag 2,393.0 3,169.5 2009 82,329,758 Generali Versicherung 1,630.0 2,158.9 2010 81,471,834 LVM Sach 1,453.0 1,924.5 2011 81,305,856 Gothaer Allgemeine Ag 1,396.0 1,849.0 (1) Estimated. Source: U.S. Central Intelligence Agency. VHV Allgemeine Vers 1,340.0 1,774.8 Source: Axco Insurance Information Services. GROSS DOMESTIC PRODUCT, 2009-2012 (1)
LEADING LIFE INSURANCE COMPANIES, 2010 Year GDP Gross written premiums 2009 $2,863.0 2010 2,812.0 Company EUR Mn USD Mn 2011 2,960.0 Allianz Leben 15,398.0 20,394.7 2012 3,085.0 Zurich Dtsch. Herold 4,571.0 6,054.3 (1) Based on Purchasing Power Parity calculations, which take into account the relative cost of living and inflation rates of AachenMuenchener Leben 4,473.0 5,924.5 countries. GDP estimate for July for each year shown. R+V Lebensvers 4,457.0 5,903.3 Source: U.S. Central Intelligence Agency.
Generali Leben 4,178.0 5,533.8 Ergo Leben Ag 3,561.0 4,716.6 LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 (U.S. $ millions) Debeka Leben 3,221.0 4,266.2 Bayern-Versicherung 2,776.0 3,676.8 Direct premiums
AXA Leben 2,294.0 3,038.4 written
Wuerttembergische Leben 2,279.0 3,018.5 Nonlife premiums (1) $131,292 Source: Axco Insurance Information Services. Life premiums 113,869
Total premiums $245,162 Percent of total world 5.33% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 42
Greece
LEADING NONLIFE INSURANCE COMPANIES, 2010 INSURANCE ASSOCIATION
Association of Insurance Companies of Greece Gross written Web: www.eaee.gr/cms/ premiums
EUR USD Company Mn Mn POPULATION, 2008-2011 (1)
Ethniki 553.1 757.8 Year Population Interamerican Property & 211.2 289.3 Casualty 2008 10,737,428 ATE Agrotiki 189.2 259.2 2009 10,737,428 Intersaloniki 165.1 226.1 2010 10,760,136 Idrogios General 142.5 195.3 2011 10,767,827 Victoria General 142.4 195.1 (1) Estimated. Groupama Phoenix 132.0 180.8 Source: U.S. Central Intelligence Agency.
European Union 125.8 172.3 Allianz Hellas 120.2 164.7 GROSS DOMESTIC PRODUCT, 2009-2012 (1) AIG (National Union Fire Ins Co 115.2 157.8 of Pittsburgh) Year GDP Source: Axco Insurance Information Services.
2009 $351.3
LEADING LIFE INSURANCE COMPANIES, 2010 2010 339.2 2011 321.7 Gross written premiums 2012 305.6 (1) Based on Purchasing Power Parity calculations, which take Company EUR Mn USD Mn into account the relative cost of living and inflation rates of countries. GDP estimate for July for each year shown. Ethniki 523.6 717.3 Source: U.S. Central Intelligence Agency.
ALICO 307.4 421.2
ING Life 284.4 389.6 LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 EFG Eurolife Life 266.3 364.8 (U.S. $ millions) Interamerican Life 264.2 362.0 Emporiki Life 145.8 199.7 Direct premiums
Allianz Hellas 111.6 152.9 written
AXA 87.5 119.8 Nonlife premiums (1) $3,948 Agrotiki 70.8 97.0 Life premiums 2,931 Groupama Phoenix 63.6 87.2 Total premiums $6,879 Source: Axco Insurance Information Services. Percent of total world 0.15% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 43
Guatemala
LEADING NONLIFE INSURANCE COMPANIES, 2011 INSURANCE ASSOCIATION
Guatemalan Insurance Association Gross written premiums Web: www.agis.com.gt/
Company GTQ Mn USD Mn
El Roble 710.6 91.3 GyT 687.1 88.3 POPULATION, 2011 (1)
General 202.0 26.0 Year Population Universales 198.4 25.5 CHN 164.8 21.2 2011 14,099,032 MAPFRE 147.7 19.0 (1) Estimated. Source: U.S. Central Intelligence Agency. Agromercantil 103.2 13.3 Chartis 84.7 10.9
Ceiba 84.6 10.9 GyT Caucion 57.0 7.3 GROSS DOMESTIC PRODUCT, 2012 (1)
Source: Axco Insurance Information Services. Year GDP
LEADING LIFE INSURANCE COMPANIES, 2011 2012 $74.6 (1) Based on Purchasing Power Parity calculations, which take into account the relative cost of living and inflation rates of Gross written premiums countries. GDP estimate for July for each year shown. Source: U.S. Central Intelligence Agency. Company GTQ Mn USD Mn
GyT 166.8 21.4 Rural 143.6 18.4 LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 El Roble 114.3 14.7 (U.S. $ millions) General 90.1 11.6 Pan-American Life 83.3 10.7 Direct premiums
Occidente 71.9 9.2 written Columna 63.8 8.2 Nonlife premiums (1) $447 MAPFRE 44.8 5.8 Life premiums 108 Guatemalteca 34.0 4.4 Total premiums $555 Trabajadores 33.6 4.3 Percent of total world 0.01% Source: Axco Insurance Information Services. premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 44
Hong Kong
LEADING NONLIFE INSURANCE COMPANIES, 2010 INSURANCE ASSOCIATION
Hong Kong Federation of Insurers Gross written Web: www.hkfi.org.hk premiums
Company HDK Mn USD Mn POPULATION, 2008-2011 (1) HSBC Insurance 2,025.2 260.7 BOC Group Insurance 1,502.6 193.4 Year Population American Home (now 1,277.3 164.4 Chartis) 2008 7,055,071 Bupa 1,270.7 163.6 2009 7,055,071 Zurich Insurance 1,019.3 131.2 2010 7,122,508 QBE HKSI 952.4 122.6 2011 7,153,519 Hong Kong Mortgage 1) Estimated. 862.3 111.0 ( Corporation Source: U.S. Central Intelligence Agency.
MSIG Insurance 815.2 104.9
China Taiping 812.0 104.5 GROSS DOMESTIC PRODUCT, 2009-2012 (1) AIA (Bermuda) 749.8 96.5
Source: Axco Insurance Information Services. Year GDP
LEADING LIFE INSURANCE COMPANIES, 2010 2009 $318.2 2010 301.3 Gross written premiums 2011 327.0 2012 353.7 Company HDK Mn USD Mn (1) Based on Purchasing Power Parity calculations, which take HSBC Life 24,914.4 3,206.9 into account the relative cost of living and inflation rates of countries. GDP estimate for July for each year shown. AIA (Bermuda) 24,567.3 3,162.2 Source: U.S. Central Intelligence Agency.
Prudential (UK) 15,465.8 1,990.7
Manulife (Int'l 15,260.2 1,964.2 LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 Hang Seng Insurance 10,965.3 1,411.4 (U.S. $ millions) BOC Group Life 8,766.1 1,128.3 AXA China (Bermuda 8,294.8 1,067.7 Direct premiums
China Life 7,728.0 994.7 written Sun Life Hong Kong 5,544.8 713.7 Nonlife premiums (1) $3,293 ING Life 4,950.6 637.2 Life premiums 24,556 Source: Axco Insurance Information Services. Total premiums $27,850
Percent of total world 0.61% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 45
Hungary
LEADING NONLIFE INSURANCE COMPANIES, 2010 INSURANCE ASSOCIATION
Association of Hungarian Insurance Companies Gross written premiums MABISZ Web: www.mabisz.hu Company HUF Mn USD Mn
Allianz Hungaria 117,196.4 532.5 Generali-Providencia 83,141.1 377.7 POPULATION, 2008-2011 (1)
Groupama Garancia 44,684.7 203.0 Year Population Aegon 43,902.6 199.5 UNIQA 32,672.9 148.5 2008 9,905,596 K&H 14,862.1 67.5 2009 9,905,596 Union 13,895.4 63.1 2010 9,976,062 Magyar Posta 8,283.8 37.6 2011 9,958,453 Chartis 7,113.3 32.3 (1) Estimated. Source: U.S. Central Intelligence Agency. KOBE 6,251.7 28.4 Source: Axco Insurance Information Services.
GROSS DOMESTIC PRODUCT, 2009-2012 (1) LEADING LIFE INSURANCE COMPANIES, 2010
Year GDP Gross written premiums 2009 $205.7 Company HUF Mn USD Mn 2010 186.3
ING 77,007.6 349.9 2011 190.0 Allianz 49,877.8 226.6 2012 195.9 (1) Based on Purchasing Power Parity calculations, which take Groupama Garancia 46,618.3 211.8 into account the relative cost of living and inflation rates of Generali-Providencia 43,615.1 198.2 countries. GDP estimate for July for each year shown. Source: U.S. Central Intelligence Agency. Aegon 41,548.5 188.8 Magyar PostaÉlet 28,414.9 129.1
CIG 25,806.7 117.3 LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 AVIVA 25,680.4 116.7 (U.S. $ millions)
UNIQA 22,966.3 104.3 Direct premiums AXA 16,478.7 74.9 written Source: Axco Insurance Information Services. Nonlife premiums (1) $1,772 Life premiums 2,193 Total premiums $3,964 Percent of total world 0.09% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 46
India
LEADING NONLIFE INSURANCE COMPANIES, 2010 INSURANCE ASSOCIATION
Insurance Institute of India Gross written premiums Web: www.insuranceinstituteofindia.com
Company INR Mn USD Mn
New India 70,991.4 1,560.3 POPULATION, 2008-2011 (1) United India 52,390.5 1,151.4 Oriental 48,546.8 1,067.0 Year Population
National 46,459.7 1,021.1 2008 1,166,079,217 ICICI Lombard 32,950.6 724.2 2009 1,156,897,766 Bajaj Allianz 24,823.3 545.6 2010 1,189,172,906 Reliance 19,796.5 435.1 2011 1,205,073,612 AIC 15,204.0 334.2 (1) Estimated. IFFCO Tokio 14,578.3 320.4 Source: U.S. Central Intelligence Agency.
Star Health 9,616.4 211.4 Source: Axco Insurance Information Services. GROSS DOMESTIC PRODUCT, 2009-2012 (1)
LEADING LIFE INSURANCE COMPANIES, 2010 Year GDP Gross written premiums 2009 $3,319.0 2010 3,561.0 Company INR Mn USD Mn 2011 4,046.0 LIC 1,860,773.1 40,717.1 2012 4,463.0 ICIC Pru 165,318.8 3,617.5 (1) Based on Purchasing Power Parity calculations, which take into account the relative cost of living and inflation rates of Bajaj Allianz Life 114,197.1 2,498.8 countries. GDP estimate for July for each year shown. SBI Life 101,040.3 2,211.0 Source: U.S. Central Intelligence Agency.
HDFC 70,051.0 1,532.8 Reliance 66,049.0 1,445.3 LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 BSLI 55,056.6 1,204.7 (U.S. $ millions) Max New York Life 48,605.4 1,063.6 Tata 34,937.8 764.5 Direct premiums
written Kotak Mahindra 28,680.5 627.6 Source: Axco Insurance Information Services. Nonlife premiums (1) $12,187 Life premiums 60,442 Total premiums $72,628 Percent of total world 1.58% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 47
Indonesia
LEADING NONLIFE INSURANCE COMPANIES, 2009 INSURANCE ASSOCIATION
Insurance and Reinsurance Broker Association of Gross written premiums Indonesia Asosiasi Broker Asuransi dan Reasuransi Indonesia Company IDR Mn USD Mn Web: www.apparindo.or.id
Sinar Mas 2,591,475.4 249.4 Jasa Indonesia 2,414,802.9 232.4 POPULATION, 2008-2011 (1)
Astra Buana 1,917,233.0 184.5 Year Population Tugu Pratama Indonesia 1,610,056.8 155.0 Central Asia 1,308,757.3 126.0 2008 240,271,522 Allianz Utama Indonesia 807,899.2 77.8 2009 240,271,522 MSIG Indonesia 789,489.0 76.0 2010 245,613,043 Wahana Tata 772,759.6 74.4 2011 248,216,193 Chartis Insurance Indonesia 767,651.8 73.9 (1) Estimated. Source: U.S. Central Intelligence Agency. Adira Dinamika 730,284.1 70.3 Source: Axco Insurance Information Services. GROSS DOMESTIC PRODUCT, 2009-2012 (1)
LEADING LIFE INSURANCE COMPANIES, 2009 Year GDP Gross written 2009 $932.1
premiums 2010 968.5 2011 1,033.0 Company IDR Mn USD Mn 2012 1,121.0 Jiwa Mega Life 11,448,098.9 1,101.9 (1) Based on Purchasing Power Parity calculations, which take Jiwa Sinarmas 7,109,629.9 684.3 into account the relative cost of living and inflation rates of countries. GDP estimate for July for each year shown. Prudential Life Assurance 7,022,812.3 675.9 Source: U.S. Central Intelligence Agency.
Bumiputera 1912 4,506,530.1 433.7
Allianz Life Indonesia 3,527,626.3 339.5 LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 AIA Indonesia 3,244,265.7 312.3 (U.S. $ millions)
Manulife Indonesia 3,083,128.4 296.7 Direct premiums
Indolife Pensiontama 3,070,023.6 295.5 written Jiwasraya 2,512,582.2 241.8 Nonlife premiums (1) $4,655 AXA Mandiri Financial 1,589,696.5 153.0 Services Life premiums 9,437 Source: Axco Insurance Information Services. Total premiums $14,092 Percent of total world 0.31% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 48
Iran
LEADING NONLIFE INSURANCE COMPANIES, 2010 INSURANCE ASSOCIATION
Central Insurance of Iran Gross written premiums Web: www.centinsur.ir
Company IRR Mn USD Mn
Bimeh Iran 26,991,128.0 2,632.2 POPULATION, 2008-2011 (1) Bimeh Asia 6,554,169.0 639.2 Bimeh Dana 4,816,452.0 469.7 Year Population
Bimeh Parsian 3,439,506.0 335.4 2008 66,429,284 Bimeh Alborz 3,300,524.0 321.9 2009 66,429,284 Bimeh Tose'e 2,691,600.0 262.5 2010 77,891,220 Bimeh Mellat 2,077,805.0 202.6 2011 78,868,711 Bimeh Karafarin 1,859,334.0 181.3 (1) Estimated. Bimeh Sina 1,716,269.0 167.4 Source: U.S. Central Intelligence Agency.
Bimeh Novin 1,160,636.0 113.2 Source: Axco Insurance Information Services. GROSS DOMESTIC PRODUCT, 2009-2012 (1)
Year GDP
2009 $859.7 2010 876.0 2011 863.5 2012 928.9 (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, 2011 (U.S. $ millions)
Direct premiums
written
Nonlife premiums (1) $7,555 Life premiums 713 Total premiums $8,268 Percent of total world 0.18% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 49
Ireland
LEADING NONLIFE INSURANCE COMPANIES, 2009 INSURANCE ASSOCIATION
Irish Insurance Federation Gross written premiums Web: www.iif.ie
Company EUR Mn USD Mn
Quinn 617.2 857.5 POPULATION, 2008-2011 (1) Aviva Insurance 477.2 662.9 AXA 319.1 443.3 Year Population
Allianz 317.1 440.5 2008 4,203,200 Royal & SunAlliance 309.3 429.7 2009 4,203,200 FBD 297.6 413.4 2010 4,670,976 Zurich Insurance Ireland 273.9 380.6 2011 4,722,028 Irish Public Bodies 101.1 140.5 (1) Estimated. Travelers 91.4 127.0 Source: U.S. Central Intelligence Agency.
Chartis Ireland 83.0 115.3 Source: Axco Insurance Information Services. GROSS DOMESTIC PRODUCT, 2009-2012 (1)
LEADING INSURANCE COMPANIES, 2009 Year GDP Gross written 2009 $198.5
premiums 2010 177.0 2011 172.3 Company EUR Mn USD Mn 2012 182.1 Irish Life 3,694.7 5,133.0 (1) Based on Purchasing Power Parity calculations, which take New Ireland 1,566.9 2,176.9 into account the relative cost of living and inflation rates of countries. GDP estimate for July for each year shown. Zurich 1,300.3 1,806.5 Source: U.S. Central Intelligence Agency.
Aviva Life & Pensions 774.1 1,075.4
Standard Life 555.3 771.5 Ark 541.0 751.6 LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 (U.S. $ millions) Canada Life (Ireland) 453.8 630.4 Friends First Manager Pension Direct premiums 297.6 413.4 Funds written Friends' First Life 160.8 223.4 Nonlife premiums (1) $9,211 Royal Liver 96.8 134.5 Life premiums 43,038 Source: Axco Insurance Information Services. Total premiums $52,250 Percent of total world 1.14% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 50
Israel
LEADING NONLIFE INSURANCE COMPANIES, 2010 INSURANCE ASSOCIATION
Israel Insurance Association Gross written premiums Web: www.igudbit.org.il
Company ILS Mn USD Mn
Harel 3,322.1 888.5 POPULATION, 2008-2011 (1) The Phoenix 2,235.7 597.9 Clal 2,173.7 581.4 Year Population
Menora Mivtachim 1,562.5 417.9 2008 7,233,701 Migdal 1,400.1 374.5 2009 7,233,701 Ayalon 1,043.4 279.1 2010 7,473,052 IDI 863.3 230.9 2011 7,590,758 ILD 635.1 169.9 (1) Estimated. Eliahu 613.3 164.0 Source: U.S. Central Intelligence Agency.
AIG 606.7 162.3 Source: Axco Insurance Information Services. GROSS DOMESTIC PRODUCT, 2009-2012 (1)
LEADING LIFE INSURANCE COMPANIES, 2010 Year GDP Gross written premiums 2009 $205.7 2010 205.2 Company ILS Mn USD Mn 2011 217.1 Migdal 6,558.6 1,754.1 2012 235.1 Clal 4,317.8 1,154.8 (1) Based on Purchasing Power Parity calculations, which take into account the relative cost of living and inflation rates of The Phoenix 3,393.0 907.5 countries. GDP estimate for July for each year shown. Harel 3,316.9 887.1 Source: U.S. Central Intelligence Agency.
Menora Mivtachim 1,796.3 480.4 Clal Health 615.2 164.6 LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 Dykla 427.5 114.3 (U.S. $ millions) I.L.D 388.7 104.0 Ayalon 312.2 83.5 Direct premiums
written Eliahu 270.0 72.2 Source: Axco Insurance Information Services. Nonlife premiums (1) $5,770 Life premiums 6,682 Total premiums $12,452 Percent of total world 0.27% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 51
Italy
LEADING NONLIFE INSURANCE COMPANIES, 2010 INSURANCE ASSOCIATION
Italian Association of Insurance Companies Gross written Associazione Nazionale fra le Imprese Assicuratrici premiums Web: www.ania.it
Company EUR Mn USD Mn POPULATION, 2008-2011 (1) Fondiaria-SAI 3,818.1 5,231.0 UGF Assicurazioni 3,788.5 5,190.4 Year Population Allianz 3,643.1 4,991.2 2008 58,126,212 Assicurazioni Generali 3,134.3 4,294.2 2009 58,126,212 Compagnia Di Ass. Di 2,778.6 3,806.9 Milano 2010 61,016,804 INA Assitalia 1,798.6 2,464.2 2011 61,261,254 Alleanza Toro 1,467.4 2,010.4 (1) Estimated. Source: U.S. Central Intelligence Agency. AXA Assicurazioni 1,390.8 1,905.5 Società Reale Mutua 1,287.7 1,764.2 GROSS DOMESTIC PRODUCT, 2009-2012 (1) Groupama Assicurazioni 1,194.3 1,636.3 Source: Axco Insurance Information Services. Year GDP
2009 $1,801.0 LEADING LIFE INSURANCE COMPANIES, 2010 2010 1,756.0 Gross written 2011 1,782.0
premiums 2012 1,826.0 (1) Based on Purchasing Power Parity calculations, which take Company EUR Mn USD Mn into account the relative cost of living and inflation rates of countries. GDP estimate for July for each year shown. POSTE VITA 9,494.0 13,007.3 Source: U.S. Central Intelligence Agency.
MEDIOLANUM VITA 8,841.0 12,112.6
INTESA SANPAOLO VITA 4,953.9 6,787.1 LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 (U.S. $ millions) CREDITRAS VITA 4,520.1 6,192.8
EURIZONVITA 4,384.2 6,006.5 Direct premiums
ALLEANZA TORO 4,018.4 5,505.4 written AXA MPS ASSICURAZION I 3,857.9 5,285.5 VITA Nonlife premiums (1) $55,426 ASSICURAZION I Life premiums 105,089 3,835.1 5,254.3 GENERALI Total premiums $160,514 INA ASSITALIA 3,125.6 4,282.3 Percent of total world 3.49% SUD POLO VITA 2,947.0 4,037.6 premiums Source: Axco Insurance Information Services. (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 52
Jamaica
LEADING NONLIFE INSURANCE COMPANIES, 2011 INSURANCE ASSOCIATION
The Insurance Association of Jamaica Gross written Web: www.iaj-online.com premiums
Company JMD Mn USD Mn POPULATION, 2008-2011 (1) Advantage General 4,940.9 NA Jamaica International 4,142.7 Year Population NEM 2,946.1 2008 2,825,928 Globe 2,555.0 2009 2,825,928 West Indies Alliance 2,421.7 2010 2,868,380 General Accident (GA) 2,203.1 2011 2,889,187 Insurance Company of the 2,110.5 West Indies (1) Estimated. Source: U.S. Central Intelligence Agency. British Caribbean (B.C.I.C.) 1,907.7 American Home (A.H.A.) 1,318.5
Victoria Mutual (V.M.I.C.) 746.9 GROSS DOMESTIC PRODUCT, 2009-2012 (1) NA=Data not available. Source: Axco Insurance Information Services. Year GDP
LEADING LIFE INSURANCE COMPANIES, 2010 2009 $21.6 2010 23.4 Gross written premiums 2011 23.9 2012 24.6 Company JMD Mn USD Mn (1) Based on Purchasing Power Parity calculations, which take into account the relative cost of living and inflation rates of Sagicor Life Jamaica 15,320.6 175.7 countries. GDP estimate for July for each year shown. Guardian Life 7,510.4 86.1 Source: U.S. Central Intelligence Agency.
CUNA Mutual 1,273.2 14.6 Scotia Life Jamaica 1,139.1 13.1 LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 NCB Insurance 1,062.8 12.2 (U.S. $ millions) Source: Axco Insurance Information Services.
Direct premiums
written
Nonlife premiums (1) $450 Life premiums 227 Total premiums $676 Percent of total world 0.01% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 53
Japan
LEADING NONLIFE INSURANCE COMPANIES, 2009 INSURANCE ASSOCIATION
General Insurance Association of Japan Gross written premiums Web: www.sonpo.or.jp/en
Company JYP Mn USD Mn
Tokio Marine & Nichido 1,980,512.3 21,166.1 POPULATION, 2008-2011 (1) Sompo Japan 1,442,984.9 15,421.5 Mitsui Sumitomo 1,414,870.4 15,121.0 Year Population
Aioi 870,519.3 9,303.4 2008 127,078,679 Nipponkoa 703,546.7 7,518.9 2009 127,078,679 Nissay Dowa 374,251.5 3,999.7 2010 126,475,664 Fuji 311,984.2 3,334.2 2011 127,368,088 AIU 252,206.1 2,695.4 (1) Estimated. Kyoei 191,603.1 2,047.7 Source: U.S. Central Intelligence Agency.
Nisshin 145,796.1 1,558.2 Source: Axco Insurance Information Services. GROSS DOMESTIC PRODUCT, 2009-2012 (1)
LEADING LIFE INSURANCE COMPANIES, 2010 Year GDP Gross written premiums 2009 $4,487.0 2010 4,141.0 Company JPY Mn USD Mn 2011 4,338.0 Japan Post 7,342,346.0 83,645.0 2012 4,389.0 Nippon 4,895,562.0 55,770.9 (1) Based on Purchasing Power Parity calculations, which take into account the relative cost of living and inflation rates of Meiji Yasuda 3,943,298.0 44,922.6 countries. GDP estimate for July for each year shown. Dai-ichi 3,055,768.0 34,811.7 Source: U.S. Central Intelligence Agency.
Sumitomo 2,998,823.0 34,163.0 Aflac 1,369,185.0 15,597.9 LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 MetLife ALICO 1,135,525.0 12,936.1 (U.S. $ millions) Sony 768,259.0 8,752.1 Taiyo 717,874.0 8,178.1 Direct premiums
written Daido 716,630.0 8,163.9 Source: Axco Insurance Information Services. Nonlife premiums (1) $130,741 Life premiums 524,668 Total premiums $655,408 Percent of total world 14.26% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 54
Jordan
LEADING NONLIFE INSURANCE COMPANIES, 2010 INSURANCE ASSOCIATION
Jordan Insurance Federation Gross written Web: www.joif.org premiums
Company JOD Mn USD Mn POPULATION, 2008-2011 (1) Arab Orient Insurance 53.3 75.0 Company Year Population Jordan Insurance Company 28.8 40.6 Arab German Insurance 26.9 37.8 2008 6,342,948 Middle East Insurance 2009 6,269,285 23.8 33.5 Company 2010 6,508,271 Jordan French Insurance 16.0 22.5 2011 6,508,887 Company (1) Estimated. Jordan International Source: U.S. Central Intelligence Agency. 14.9 21.0 Insurance
Arab Union International 14.0 19.7 Insurance GROSS DOMESTIC PRODUCT, 2009-2012 (1) Euro Arab Insurance Group 13.9 19.5 Islamic Insurance 12.9 18.2 Year GDP United Insurance 12.6 17.8 2009 $31.0 Source: Axco Insurance Information Services. 2010 33.1 2011 33.8 LEADING LIFE INSURANCE COMPANIES, 2010 2012 36.8 (1) Based on Purchasing Power Parity calculations, which take Gross written into account the relative cost of living and inflation rates of premiums countries. GDP estimate for July for each year shown. Source: U.S. Central Intelligence Agency. Company JOD Mn USD Mn
MetLife Alico 11.9 16.8 LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 Jordan Insurance Company 7.5 10.6 (U.S. $ millions) Al Nisr Al Arabi 5.6 7.9 Middle East Insurance Direct premiums 2.9 4.0 Company written Islamic Insurance 2.0 2.8 Nonlife premiums (1) $565 Arab German Insurance 1.7 2.3 Life premiums 56 Arab Life and Accident 1.6 2.2 Insurance Total premiums $622 Percent of total world General Arabia Insurance 1.1 1.5 0.01% premiums Euro Arab Insurance Group 1.0 1.4 (1) Includes accident and health insurance. Jordan French 0.9 1.2 Source: Swiss Re, sigma, No. 3/2012. Source: Axco Insurance Information Services.
2013 International Insurance Fact Book updates at www.iii.org/international/ 55
Kazakhstan
LEADING NONLIFE INSURANCE COMPANIES, 2010
Gross written premiums POPULATION, 2008-2011 (1) Company KZT Mn USD Mn
State Annuity Company 4,872.1 33.1 Year Population
Halyk - Life 3,218.8 21.8 2008 15,399,437 Kazkommertzbank - Life 3,151.6 21.4 2009 15,399,437 Alliance Insurance Life 2,949.0 20.0 2010 15,522,373 BTA Life 2,703.8 18.4 2011 17,522,010 Astana - Finance 1,372.1 9.3 (1) Estimated. Generali Life 378.5 2.6 Source: U.S. Central Intelligence Agency.
Source: Axco Insurance Information Services.
LEADING LIFE INSURANCE COMPANIES, 2009 GROSS DOMESTIC PRODUCT, 2009-2012 (1) Gross written premiums Year GDP Company KZT Mn USD Mn 2009 $184.3 State Annuity Company 2,368.7 16.1 2010 175.1 BTA Life 2,180.4 14.8 2011 197.7 Kazkommertzbank - Life 1,706.0 11.6 2012 214.5 Halyk - Life 1,154.0 7.8 (1) Based on Purchasing Power Parity calculations, which take Alliance Insurance Life 946.8 6.4 into account the relative cost of living and inflation rates of countries. GDP estimate for July for each year shown. Astana - Finance 799.0 5.4 Source: U.S. Central Intelligence Agency. Generali Life 176.4 1.2
Source: Axco Insurance Information Services.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 (U.S. $ millions)
Direct premiums
written
Nonlife premiums (1) $989 Life premiums 208 Total premiums $1,197 Percent of total world 0.03% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 56
Kenya
LEADING NONLIFE INSURANCE COMPANIES, 2010 INSURANCE ASSOCIATION
The Association of Kenya Insurers Gross written premiums Web: www.akinsure.com
Company KES Mn USD Mn
Jubilee 4,711.6 59.5 POPULATION, 2008-2011 (1) APA 4,611.4 58.2 UAP Provincial 3,866.6 48.8 Year Population
Kenindia 3,341.7 42.2 2008 39,002,772 Cooperative 2,961.2 37.4 2009 39,002,772 Chartis 2,612.8 33.0 2010 41,070,934 Heritage All 2,477.1 31.3 2011 43,013,341 First Assurance 2,089.7 26.4 (1) Estimated. ICEA 1,959.8 24.7 Source: U.S. Central Intelligence Agency.
Lion of Kenya 1,835.5 23.2 Source: Axco Insurance Information Services. GROSS DOMESTIC PRODUCT, 2009-2012 (1)
LEADING LIFE INSURANCE COMPANIES, 2010 Year GDP Gross written premiums 2009 $66.5 2010 63.5 Company KES Mn USD Mn 2011 66.0 Pan Africa Life 4,030.4 50.9 2012 71.5 British American 3,528.9 44.5 (1) Based on Purchasing Power Parity calculations, which take into account the relative cost of living and inflation rates of ICEA 3,527.7 44.5 countries. GDP estimate for July for each year shown. Jubile 3,280.2 41.4 Source: U.S. Central Intelligence Agency.
CFC Life 2,513.8 31.7 Co-operative 1,595.1 20.1 LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 Kenindia 1,487.1 18.8 (U.S. $ millions) Madison 898.2 11.3 UAP 701.2 8.9 Direct premiums
written Old Mutual 554.3 7.0 Source: Axco Insurance Information Services. Nonlife premiums (1) $686 Life premiums 350 Total premiums $1,036 Percent of total world 0.02% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 57
Kuwait
LEADING NONLIFE INSURANCE COMPANIES, 2009
Gross written premiums POPULATION, 2008-2011 (1)
Company KWD Mn USD Mn Year Population Kuwait 24.0 83.4 2008 2,691,158 Gulf 19.0 66.0 2009 2,692,526 Warba 15.5 53.9 2010 2,595,628 Al Ahleia 11.8 41.0 2011 2,646,314 National Takaful 5.0 17.4 (1) Estimated. Bahrain Kuwait 4.8 16.7 Source: U.S. Central Intelligence Agency.
First Takaful 4.5 15.6
Oriental 4.0 13.9 Enaya 3.8 13.2 GROSS DOMESTIC PRODUCT, 2009-2012 (1) Lebanese Suisse 3.0 10.4 Source: Axco Insurance Information Services. Year GDP
2009 $157.9 LEADING LIFE INSURANCE COMPANIES, 2009 2010 148.7 Gross written premiums 2011 144.3 2012 149.8 Company KWD Mn USD Mn (1) Based on Purchasing Power Parity calculations, which take into account the relative cost of living and inflation rates of Gulf Life 15.5 57.7 countries. GDP estimate for July for each year shown. Source: U.S. Central Intelligence Agency. Al Ahleia 8.8 32.7
Alico 8.8 32.7
Kuwait 4.3 16.0
Warba 2.7 10.0 LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 Gulf Takaful 1.5 5.6 (U.S. $ millions)
Enaya 0.7 2.6 Direct premiums
National Takaful 0.6 2.2 written Al Muthanna 0.4 1.5 Nonlife premiums (1) $627 Al Safat Takaful 0.3 1.1 Life premiums 185 Source: Axco Insurance Information Services. Total premiums $812 Percent of total world 0.02% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 58
Lebanon
LEADING NONLIFE INSURANCE COMPANIES, 2009 INSURANCE ASSOCIATION
Insurance Association Gross written premiums Association des Compagnies d'Assurances au Liban Web: www.acal.org.lb Company LBP Mn USD Mn
Medgulf 141,870.8 94.1 Bankers 101,786.4 67.5 POPULATION, 2008-2011 (1)
Arope 72,156.5 47.9 Year Population AXA Middle East 70,671.6 46.9 Allianz SNA 69,533.4 46.1 2008 4,017,095 Libano Suisse 68,048.6 45.1 2009 4,017,095 Fidelity 52,144.4 34.6 2010 4,143,101 LIA 47,275.2 31.4 2011 4,140,289 ADIR 41,870.8 27.8 (1) Estimated. Source: U.S. Central Intelligence Agency. Assurex 35,305.7 23.4 Source: Axco Insurance Information Services.
GROSS DOMESTIC PRODUCT, 2009-2012 (1) LEADING LIFE INSURANCE COMPANIES, 2009
Year GDP Gross written premiums 2009 $44.1 Company LBP Mn USD Mn 2010 47.8
Alico 104,876.8 69.6 2011 58.7 Allianz SNA 73,807.2 49.0 2012 61.6 (1) Based on Purchasing Power Parity calculations, which take Bancassurance 52,415.8 34.8 into account the relative cost of living and inflation rates of Arope 50,109.3 33.2 countries. GDP estimate for July for each year shown. Source: U.S. Central Intelligence Agency. LAI 41,667.3 27.6 Medgulf 34,491.6 22.9
ADIR 29,366.1 19.5 LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 SOGECAP LIBAN 27,029.5 17.9 (U.S. $ millions)
Source: Axco Insurance Information Services. Direct premiums
written
Nonlife premiums (1) $878 Life premiums 343 Total premiums $1,221 Percent of total world 0.03% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 59
Liechtenstein
INSURANCE ASSOCIATION
Liechtensteinischer Versicherungsverband Web: www.lvv.li
POPULATION, 2008-2011 (1)
Year Population
2008 34,761 2009 34,761 2010 35,236 2011 36,713 (1) Estimated. Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2012 (1)
Year GDP
2009 $4.2 2010 4.2 2011 5.0 2012 5.0 (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 NONLIFE INSURANCE PREMIUMS, 2011 (U.S. $ millions)
Direct premiums
written
Nonlife premiums (1) $496 Life premiums 4,843 Total premiums $5,339 Percent of total world 0.12% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 60
Lithuania
LEADING NONLIFE INSURANCE COMPANIES, 2011 INSURANCE ASSOCIATION
Association of Lithuanian Insurers Gross written Web: www.draudikai.lt/lt premiums
Company LTL Mn USD Mn POPULATION, 2008-2011 (1)
Lietuvos Draudimas 353.3 142.4 Year Population ERGO Lietuva 143.8 58.0 PZU Lietuva 137.0 55.2 2008 3,555,179 BTA Akcines Draudimo 2009 NA 132.2 53.3 Bendroves 2010 3,535,547 If P&C Insurance 98.4 39.6 2011 3,525,761 AAS Gjensidige Baltic 75.8 30.6 (1) Estimated. Compensa TU S.A. Vienna 52.5 21.2 NA=Data not available. Source: U.S. Central Intelligence Agency. Seesam Lietuva 37.6 15.2
Vereintige Hagelversicherung 32.5 13.1 GROSS DOMESTIC PRODUCT, 2009-2012 (1) Lamantinas 12.6 5.1 Source: Axco Insurance Information Services. Year GDP
2009 $65.8 LEADING LIFE INSURANCE COMPANIES, 2010 2010 NA 2011 56.2 Gross written
premiums 2012 61.3 (1) Based on Purchasing Power Parity calculations, which take LTL USD into account the relative cost of living and inflation rates of Company Mn Mn countries. GDP estimate for July for each year shown. NA=Data not available. Swedbank Life Insurance 148.0 56.8 Source: U.S. Central Intelligence Agency.
SEB gyvybes draudimas 111.3 42.7 Aviva Lietuva 99.2 38.1 LIFE AND NONLIFE INSURANCE PREMIUMS, 2010 (U.S. $ millions) Mandatum Life Insurance Baltic 81.8 31.4 SE Lietuvos filialas ERGO Lietuva gyvybes Direct premiums 56.4 21.6 draudimas Vienna written Compensa Life 19.5 7.5 Nonlife premiums (1) $388 PZU Lietuva gyvybes draudimas 16.4 6.3 Life premiums 207 Bonum Publicum 16.2 6.2 Total premiums $595 AMPLICO Life (AIG Life) 9.6 3.7 Percent of total world 0.01% premiums Vital Forsikring ASA 2.2 0.9 (1) Includes accident and health insurance. Source: Axco Insurance Information Services. Source: Swiss Re, sigma, No. 2/2011.
2013 International Insurance Fact Book updates at www.iii.org/international/ 61
Luxembourg
LEADING NONLIFE INSURANCE COMPANIES, 2009 INSURANCE ASSOCIATION
Insurance Companies' Association Gross written Web: www.aca.lu premiums
Company EUR Mn USD Mn POPULATION, 2008-2011 (1) Foyer Assurances 240.0 333.4 La Luxembourgeoise 168.9 234.7 Year Population AXA Assurances Luxembourg 93.2 129.5 2008 491,775 Baloise Assurances 36.5 50.7 Luxembourg 2009 491,775 P&V Assurances 33.1 46.0 2010 503,302 Fortis Luxembourg IARD 21.9 30.4 2011 509,074 Allianz Insurance Luxembourg 19.1 26.5 (1) Estimated. Source: U.S. Central Intelligence Agency. DKV 18.9 26.3 Chartis Europe 17.6 24.5
AME Lux 8.6 11.9 GROSS DOMESTIC PRODUCT, 2009-2012 (1) Source: Axco Insurance Information Services.
Year GDP LEADING LIFE INSURANCE COMPANIES, 2010 2009 $41.4
2010 38.1 Gross written
premiums 2011 40.8 2012 43.6 Company EUR Mn USD Mn (1) Based on Purchasing Power Parity calculations, which take into account the relative cost of living and inflation rates of Sogelife 325.4 431.0 countries. GDP estimate for July for each year shown. Source: U.S. Central Intelligence Agency. Cardif Lux International 164.6 218.0
La Luxembourgeoise Vie 116.5 154.3
Swiss Life (Luxembourg) 114.0 151.0 LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 Foyer Vie 98.1 129.9 (U.S. $ millions) Fortis Luxembourg Vie 73.7 97.6 Direct premiums La Mondiale Europartner 73.3 97.0 written AXA Assurances Vie 65.4 86.6 Luxembourg Nonlife premiums (1) $3,134 Baloise Vie Luxembourg 53.4 70.7 Life premiums 20,355 Dexia Life & Pensions 42.9 56.8 Total premiums $23,489 Source: Axco Insurance Information Services. Percent of total world 0.51% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 62
Macao
INSURANCE ASSOCIATION
Macao Insurers’ Association Web: www.mia-macau.com
POPULATION, 2008-2011 (1)
Year Population
2008 NA 2009 NA 2010 573,003 2011 578,025 (1) Estimated. NA=Data not available. Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2012 (1)
Year GDP
2009 NA 2010 NA 2011 $18.5 2012 18.5 (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, 2011 (U.S. $ millions)
Direct premiums
written
Nonlife premiums (1) $152 Life premiums 392 Total premiums $544 Percent of total world 0.01% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 63
Malaysia
LEADING NONLIFE INSURANCE COMPANIES, 2010 INSURANCE ASSOCIATION
General Insurance Association of Malyasia Gross written Web: www.piam.org.my premiums
MYR USD Company Mn Mn POPULATION, 2008-2011 (1)
Allianz General Insurance 1,268.9 393.9 Company (M) Berhad Year Population
Etiqa Insurance Berhad 1,057.2 328.2 2008 25,715,819 Kurnia Insurans (M) Berhad 1,028.9 319.4 2009 25,715,819 MSIG Insurance (Malaysia) Bhd 946.2 293.8 2010 28,728,607 Tokio Marine Insurans (M) 683.2 212.1 2011 29,179,952 Berhad (1) Estimated. AmG Insurance Berhad 649.9 201.8 Source: U.S. Central Intelligence Agency.
Lonpac Insurance Berhad 649.6 201.7
Malaysia Assurance Alliance 484.9 150.5 Berhad GROSS DOMESTIC PRODUCT, 2009-2012 (1) Berjaya Sompo Insurance 473.4 147.0 Berhad Year GDP Chartis Malaysia Insurance 472.2 146.6 Berhad 2009 $397.5 Source: Axco Insurance Information Services. 2010 378.9 2011 416.7
LEADING LIFE INSURANCE COMPANIES, 2009 2012 447.0 (1) Based on Purchasing Power Parity calculations, which take into account the relative cost of living and inflation rates of Gross written premiums countries. GDP estimate for July for each year shown. Source: U.S. Central Intelligence Agency. Company MYR Mn USD Mn
Great Eastern 4,953.6 1,405.3 LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 Prudential 3,297.4 935.4 (U.S. $ millions) AIAB 2,170.7 615.8 ING 1,921.6 545.1 Direct premiums
Hong Leong 1,081.3 306.8 written Allianz Life 787.4 223.4 Nonlife premiums (1) $4,965 MAA 750.0 212.8 Life premiums 9,307 MCIS Zurich 493.9 140.1 Total premiums $14,272 Manulife 418.3 118.7 Percent of total world 0.31% Tokio Marine Life 408.0 115.8 premiums Source: Axco Insurance Information Services. (1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 64
Malta
LEADING NONLIFE INSURANCE COMPANIES, 2005 INSURANCE ASSOCIATION
Malta Insurance Association Gross written premiums Web: www.maltainsurance.org
Company MTL Mn USD Mn POPULATION, 2008-2011 (1) Middlesea 12.3 35.6 Gasan Mamo 9.3 26.9 Year Population Atlas 7.0 20.2 2008 NA Elmo 5.3 15.3 2009 405,165 Citadel 3.3 9.5 Source: Axco Insurance Information Services. 2010 408,333 2011 409,836 (1) Estimated. LEADING LIFE INSURANCE COMPANIES, 2005 NA=Data not available. Source: U.S. Central Intelligence Agency.
Gross written premiums GROSS DOMESTIC PRODUCT, 2009-2012 (1) Company MTL Mn SD Mn Middlesea Valletta 39.3 113.6 Year GDP HSBC Life 17.0 49.1 2009 NA GlobalCapital 3.8 11.0 2010 $9.7 Middlesea Insurance 0.6 1.7 2011 11.8 Citadel 0.3 0.9 2012 10.9 Source: Axco Insurance Information Services. (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, 2011 (U.S. $ millions)
Direct premiums
written
Nonlife premiums (1) $1,497 Life premiums 697 Total premiums $2,194 Percent of total world 0.05% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 65
Mauritius
LEADING NONLIFE INSURANCE COMPANIES, 2010 INSURANCE ASSOCIATION
Financial Services Commission Gross written premiums Web: www.fscmauritius.org/
Company MUR Mn USD Mn
Swan 1,245.3 40.5 Mauritius Union 983.1 31.9 POPULATION, 2011 (1) Albatross 697.7 22.7 SICOM 659.0 21.4 Year Population La Prudence 519.7 16.9 2011 1,313,095 New India 343.0 11.1 (1) Estimated. Mauritian Eagle 284.0 9.2 Source: U.S. Central Intelligence Agency. Phoenix 196.2 6.4
Sun 194.2 6.3 Lamco 163.8 5.3
Source: Axco Insurance Information Services. GROSS DOMESTIC PRODUCT, 2012 (1)
LEADING LIFE INSURANCE COMPANIES, 2010 Year GDP
2012 $19.3 Gross written premiums (1) Based on Purchasing Power Parity calculations, which take into account the relative cost of living and inflation rates of Company MUR Mn USD Mn countries. GDP estimate for July for each year shown. Source: U.S. Central Intelligence Agency. BAI 6,026.8 195.8 SICOM 2,632.0 85.5
Anglo Mauritius 1,910.7 62.1 Mauritius Union 375.6 12.2 LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 LIC 321.9 10.5 (U.S. $ millions) CIM Life 241.7 7.9 LPM 197.0 6.4 Direct premiums
Island Life 103.6 3.4 written Mauritian Eagle 69.1 2.2 Nonlife premiums (1) $218 Sun 46.2 1.5 Life premiums 396 Source: Axco Insurance Information Services. Total premiums $614
Percent of total world 0.01% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 66
Mexico
LEADING NONLIFE INSURANCE COMPANIES, 2010 INSURANCE ASSOCIATION
Mexican Association of Insurance Institutions Gross written Asociacion Mexicana de Instituciones de Seguros AC premiums Web: www.amis.com.mx
Company MXN Mn USD Mn
AXA Seguros 13,293.4 1,052.0 POPULATION, 2008-2011 (1) Qualitas 9,793.0 775.0 G.N.P. 8,503.0 672.9 Year Population
Inbursa 6,987.2 553.0 2008 111,211,789 Mapfre Tepeyac 5,884.1 465.7 2009 111,211,789 Aba/Seguros 5,606.2 443.7 2010 113,724,226 BBVA Bancomer 4,083.4 323.2 2011 114,975,406 Banorte Generali 3,794.8 300.3 (1) Estimated. Atlas 3,670.3 290.5 Source: U.S. Central Intelligence Agency.
AIG México Interamericana 3,167.4 250.7 (CHARTIS) Source: Axco Insurance Information Services. GROSS DOMESTIC PRODUCT, 2009-2012 (1)
LEADING LIFE INSURANCE COMPANIES, 2010 Year GDP
2009 $1,578.0 Gross written premiums 2010 1,473.0 2011 1,560.0 Company MXN Mn USD Mn 2012 1,657.0 Metlife Mexico 36,955.6 2,924.6 (1) Based on Purchasing Power Parity calculations, which take GNP 20,195.3 1,598.2 into account the relative cost of living and inflation rates of countries. GDP estimate for July for each year shown. BBVA Bancomer 16,120.9 1,275.8 Source: U.S. Central Intelligence Agency.
AXA Seguros 12,485.8 988.1
Monterrey New York Life 12,317.8 974.8 Banorte Generali 10,220.3 808.8 LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 (U.S. $ millions) Banamex 9,811.8 776.5 Inbursa 4,992.3 395.1 Direct premiums
Allianz Mexico 3,030.7 239.9 written
Argos AEGON 2,310.5 182.9 Nonlife premiums (1) $12,149 Source: Axco Insurance Information Services. Life premiums 10,083
Total premiums $22,231 Percent of total world 0.48% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 67
Morocco
LEADING NONLIFE INSURANCE COMPANIES, 2010 INSURANCE ASSOCIATION
Federation Marocaine des Societes d'Assurances et de Gross written premiums Reassurance Web: www.fmsar.org.ma Company MAD Mn USD Mn
RMA Watanya 2,599.3 310.9 POPULATION, 2008-2011 (1) CNIA Saada Insurance 2,464.0 294.7 Axa Insurance Morocco 2,381.3 284.8 Year Population
Wafa Assurance 2,237.5 267.6 2008 34,859,364 Sanad 1,148.8 137.4 2009 31,285,174 Atlanta 1,101.8 131.8 2010 31,968,361 Zurich 887.5 106.1 2011 32,309,239 CAT 662.3 79.2 (1) Estimated. MAMDA 405.8 48.5 Source: U.S. Central Intelligence Agency.
MCMA 365.0 43.7 Source: Axco Insurance Information Services. GROSS DOMESTIC PRODUCT, 2009-2012 (1)
LEADING LIFE INSURANCE COMPANIES, 2010 Year GDP
2009 $137.4 Gross written premiums 2010 146.7 2011 153.8 Company MAD Mn USD Mn 2012 163.0 Wafa Assurance 2,261.0 270.4 (1) Based on Purchasing Power Parity calculations, which take RMA Watanya 1,849.1 221.1 into account the relative cost of living and inflation rates of countries. GDP estimate for July for each year shown. Marocaine Vie 871.2 104.2 Source: U.S. Central Intelligence Agency.
Axa Insurance Morocco 603.3 72.2
CNIA Saada Insurance 509.8 61.0 LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 MCMA 382.7 45.8 (U.S. $ millions)
Atlanta 87.4 10.5 Direct premiums
Sanad 69.1 8.3 written Zurich 25.9 3.1 Nonlife premiums (1) $1,989 Source: Axco Insurance Information Services. Life premiums 871 Total premiums $2,859 Percent of total world 0.06% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 68
Namibia
LEADING NONLIFE INSURANCE COMPANIES, 2009 INSURANCE ASSOCIATION
Namibia Insurance Association Gross written premiums Web: www.mbendi.com
Company ZAR Mn USD Mn POPULATION, 2008-2011 (1) Santam 373.0 44.0 M&F 339.9 40.1 Year Population Hollard 242.1 28.6 2008 2,108,665 Corporate Guarantee 127.3 15.0 2009 NA Western 91.0 10.7 2010 2,147,585 Legal Shield 48.6 5.7 2011 2,165,828 Swabou 46.8 5.5 (1) Estimated. Prosperity 30.2 3.6 NA=Data not available. Source: U.S. Central Intelligence Agency. Guardrisk 29.2 3.5
NASRIA 14.0 1.7 Source: Axco Insurance Information Services. GROSS DOMESTIC PRODUCT, 2009-2012 (1)
Year GDP LEADING LIFE INSURANCE COMPANIES, 2009 2009 $11.6 Gross written premiums 2010 NA 2011 14.6 Company NAD Mn USD Mn 2012 15.5 OMLAC 1,798.7 212.3 (1) Based on Purchasing Power Parity calculations, which take SLN Closed fund 751.0 88.6 into account the relative cost of living and inflation rates of countries. GDP estimate for July for each year shown. Metropolitan 488.7 57.7 NA=Data not available. Source: U.S. Central Intelligence Agency. Sanlam Namibia 458.1 54.1 Investment Solutions 331.4 39.1 LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 Momentum 183.0 21.6 (U.S. $ millions) Prosperity 74.9 8.8 PPS 60.7 7.2 Direct premiums
Namlife 60.3 7.1 written Trust Co Life 44.3 5.2 Nonlife premiums (1) $303 Source: Axco Insurance Information Services. Life premiums 667
Total premiums $971 Percent of total world 0.02% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 69
Netherlands
LEADING NONLIFE INSURANCE COMPANIES, 2009 INSURANCE ASSOCIATION
Insurance Companies Association Gross written premiums Verbond Van Verzekeraars Web: www.verzekeraars.nl Company EUR Mn USD Mn
Centrale Zorgverzekeraars Groep, 5,024.5 6,980.4 POPULATION, 2008-2011 (1) Zorgverzekeraar u.a. OWM Menzis Zorgverzekeraar u.a. OWM 3,879.1 5,389.1 Year Population VGZ Zorgverzekeraar NV 3,768.3 5,235.1 2008 16,715,999 Zilveren Kruis Achmea 3,152.6 4,379.8 Zorgverzekering en 2009 16,715,999 Agis Zorgverzekering en N.V. 2,859.1 3,972.1 2010 16,847,007 Interpolis Schade N.V. 1,610.3 2,237.2 2011 16,730,632 Achmea Schadeverzekeringen (1) Estimated. 1,452.0 2,017.3 N.V. Source: U.S. Central Intelligence Agency.
Groene Land PWZ Achmea 1,447.8 2,011.4 Zorgverzekering en NV GROSS DOMESTIC PRODUCT, 2009-2012 (1) Univé Zorg N.V. 1,447.4 2,010.9 IZA Zorgverzekeraar NV 1,358.8 1,887.7 Year GDP Source: Axco Insurance Information Services. 2009 $687.5
LEADING LIFE INSURANCE COMPANIES, 2009 2010 652.3 2011 680.4 Gross written premiums 2012 705.7 (1) Based on Purchasing Power Parity calculations, Company EUR Mn USD Mn which take into account the relative cost of living and inflation rates of countries. GDP estimate for July for Nationale-Nederlanden each year shown. Levensverzekering Maatschappij 3,903.4 5,422.9 Source: U.S. Central Intelligence Agency. N.V.
SRLEV N.V. 3,463.9 4,812.3 LIFE AND NONLIFE INSURANCE PREMIUMS, AEGON Levensverzekering N.V. 2,753.1 3,824.8 2011 (U.S. $ millions) Achmea Pensioen-en 2,581.4 3,586.3 Levensverzekeringen N.V. Direct premiums ASR Levensverzekering N.V 1,799.9 2,500.5 written Delta Lloyd Levensverzekering 1,646.9 2,288.0 N.V. Nonlife premiums (1) $79,722 Interpolis BTL N.V. 1,488.4 2,067.8 Life premiums 31,210 ABN AMRO Levensverzekering 506.5 703.7 Total premiums $110,931 N.V. Percent of total world 2.41% RVS Levensverzekering N.V. 499.1 693.4 premiums Amersfoortse Levensverzekering (1) Includes accident and health insurance. 392.4 545.1 Maatschappij N.V. Source: Swiss Re, sigma, No. 3/2012.
Source: Axco Insurance Information Services.
2013 International Insurance Fact Book updates at www.iii.org/international/ 70
New Zealand
LEADING NONLIFE INSURANCE COMPANIES, 2009 INSURANCE ASSOCIATION
Insurance Council of New Zealand Gross written premiums Web: www.icnz.org.nz
Company NZD Mn USD Mn
IAG New Zealand 1,192.1 745.1 POPULATION, 2008-2011 (1) Vero Insurance 798.3 499.0 AMI Insurance 323.6 202.3 Year Population
Lumley General 322.2 201.4 2008 4,213,418 TOWER Insurance 159.3 99.6 2009 4,213,418 Farmers' Mutual 128.7 80.4 2010 4,290,347 Chartis 116.0 72.5 2011 4,327,944 Allianz New Zealand 98.8 61.8 (1) Estimated. Zurich New Zealand 83.6 52.3 Source: U.S. Central Intelligence Agency.
ACE Insurance 64.2 40.1 Source: Axco Insurance Information Services. GROSS DOMESTIC PRODUCT, 2009-2012 (1)
LEADING LIFE INSURANCE COMPANIES, 2010 Year GDP Gross written 2009 $118.9
premiums 2010 116.5 2011 119.2 Company NZD Mn USD Mn 2012 123.3 Sovereign Assurance 473.5 337.6 (1) Based on Purchasing Power Parity calculations, which take AMP Financial Services 153.9 109.7 into account the relative cost of living and inflation rates of countries. GDP estimate for July for each year shown. AXA New Zealand 150.9 107.6 Source: U.S. Central Intelligence Agency.
Asteron Life 138.4 98.7
ING (renamed from 122.0 87.0 OnePath) LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 AIA New Zealand 89.3 63.6 (U.S. $ millions)
Westpac Life Insurance 86.2 61.4 Direct premiums
Fidelity Life Insurance 84.8 60.4 written Tower NZ 74.5 53.2 Nonlife premiums (1) $8,503 CIGNA Life Insurance 63.0 45.0 Life premiums 1,548 Source: Axco Insurance Information Services. Total premiums $10,051 Percent of total world 0.22% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 71
Nigeria
LEADING NONLIFE INSURANCE COMPANIES, 2008 INSURANCE ASSOCIATION
Nigerian Insurers Association Gross written premiums Web: www.nigeriainsurers.com
Company NGN Mn USD Mn
Leadway 19,782.9 166.9 POPULATION, 2008-2011 (1) Industrial and General 6,308.8 53.2 WAPIC 5,196.5 43.8 Year Population
STACO 4,375.1 36.9 2008 149,229,090 Zenith General 4,263.0 36.0 2009 149,229,090 Custodian and Allied 4,102.1 34.6 2010 155,215,573 NEM 4,002.0 33.8 2011 170,123,740 AIICO 3,893.1 32.8 (1) Estimated. Sovereign Trust 3,811.8 32.2 Source: U.S. Central Intelligence Agency.
Law Union and Rock 3,708.5 31.3 Source: Axco Insurance Information Services. GROSS DOMESTIC PRODUCT, 2009-2012 (1)
LEADING LIFE INSURANCE COMPANIES, 2008 Year GDP Gross written premiums 2009 $328.1 2010 353.2 Company NGN Mn USD Mn 2011 369.8 AIICO 3,581.2 30.2 2012 414.5 Niger Insurance 2,400.2 20.3 (1) Based on Purchasing Power Parity calculations, which take into account the relative cost of living and inflation rates of Industrial and General 2,118.9 17.9 countries. GDP estimate for July for each year shown. Capital Express 2,086.6 17.6 Source: U.S. Central Intelligence Agency.
Leadway 1,931.7 16.3 Unic 1,679.1 14.2 LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 Zentih General< 1,585.8 13.4 (U.S. $ millions) Mutual Benefit 1,287.7 10.9 Standard Alliance 1,214.0 10.2 Direct premiums
written Crusader 1,110.5 9.4 Source: Axco Insurance Information Services. Nonlife premiums (1) $1,153 Life premiums 404 Total premiums $1,557 Percent of total world 0.03% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 72
Norway
LEADING NONLIFE INSURANCE COMPANIES, 2010 INSURANCE ASSOCIATION
Norweigan Insurance Association Gross written premiums Finansnaeringens Hovedorganisasjon Web: www.fnh.no Company NOK Mn USD Mn
Gjensidige 11,993.9 1,984.4 If Skadeforsikring 11,048.9 1,828.1 POPULATION, 2008-2011 (1)
Tryg 7,346.3 1,215.5 Year Population SpareBank 1 4,357.0 720.9 Skadeforsikring 2008 4,660,539 Terra Forsikring 1,746.0 288.9 2009 4,660,539 Codan 1,226.7 203.0 2010 4,691,849 DnB NOR Skadeforsikring 1,134.9 187.8 2011 4,707,270 Storebrand 582.4 96.4 (1) Estimated. Frende Skadeforsikring 570.0 94.3 Source: U.S. Central Intelligence Agency.
KLP Forsikring 565.6 93.6 Source: Axco Insurance Information Services. GROSS DOMESTIC PRODUCT, 2009-2012 (1)
LEADING LIFE INSURANCE COMPANIES, 2010 Year GDP Gross written premiums 2009 $267.0 2010 276.5 Company NOK Mn USD Mn 2011 276.4 KLP 20,292.6 3,227.0 2012 264.5 Vital Forsikring 16,149.1 2,568.1 (1) Based on Purchasing Power Parity calculations, which take into account the relative cost of living and inflation rates of Storebrand Livsforsikring 15,255.5 2,426.0 countries. GDP estimate for July for each year shown. Nordea Liv 4,770.6 758.7 Source: U.S. Central Intelligence Agency.
SpareBank 1 Livsforsikring 3,109.6 494.5 Oslo Pensjonsforsikring 2,946.7 468.6 LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 Gjensidige Forsikring 1,438.3 228.7 (U.S. $ millions) Gjensidige Pensjon 980.3 155.9 Danica Pensjonsforsikring 778.9 123.9 Direct premiums
written Tryg Fors 605.6 96.3 Source: Axco Insurance Information Services. Nonlife premiums (1) $9,767 Life premiums 12,871 Total premiums $22,638 Percent of total world 0.49% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 73
Oman
LEADING NONLIFE INSURANCE COMPANIES, 2010 INSURANCE ASSOCIATION
Capital Markets Authority Gross written Web: omancma.org premiums
USD Company OMR Mn Mn POPULATION, 2008-2011 (1)
National Life & General 16.7 43.4 Year Population American Life 6.5 16.9 Oman United 4.6 12.0 2008 3,418,085 Muscat Life 4.1 10.7 2009 3,418,085 Dhofar 3.3 8.6 2010 3,027,959 Life Insurance Corporation 2011 3,090,150 2.1 5.5 International (1) Estimated. Falcon 2.0 5.2 Source: U.S. Central Intelligence Agency.
Axa 1.1 2.9 Arabia Insurance 0.3 0.8 GROSS DOMESTIC PRODUCT, 2009-2012 (1) Arab Orient 0.3 0.8 Source: Axco Insurance Information Services. Year GDP
2009 $67.5 LEADING LIFE INSURANCE COMPANIES, 2010 2010 69.4 Gross written 2011 76.5
premiums 2012 80.9 (1) Based on Purchasing Power Parity calculations, which take OMR USD into account the relative cost of living and inflation rates of Company Mn Mn countries. GDP estimate for July for each year shown. Source: U.S. Central Intelligence Agency. National Life & General 16.7 43.4
Alico 6.5 16.9
Oman United 4.6 12.0 LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 (U.S. $ millions) Muscat Life 4.1 10.7
Dhofar 3.3 8.6 Direct premiums Life Insurance Corporation 2.1 5.5 written (International) Falcon 2.0 5.2 Nonlife premiums (1) $617 AXA 1.1 2.9 Life premiums 150 Arabia Insurance 0.3 0.8 Total premiums $766 Percent of total world Arab Orient 0.3 0.8 0.02% premiums Source: Axco Insurance Information Services. (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 74
Pakistan
LEADING NONLIFE INSURANCE COMPANIES, 2009 INSURANCE ASSOCIATION
Insurance Association of Pakistan Gross written Web: www.iap.net.pk premiums
Company PKR Mn USD Mn POPULATION, 2008-2011 (1) EFU General 9,614.0 117.7 Adamjee Insurance 8,802.6 107.7 Year Population New Jubilee 4,030.6 49.3 2008 176,242,949 IGI 1,151.8 14.1 2009 174,578,558 Askari General 1,107.7 13.6 2010 187,342,721 Atlas (excl. Muslim 910.7 11.2 Insurance) 2011 190,291,129 New Hampshire 850.0 10.4 (1) Estimated. Source: U.S. Central Intelligence Agency. United Insurance of Pakistan 715.0 8.8 Habib 702.9 8.6
Premier Insurance of 670.4 8.2 GROSS DOMESTIC PRODUCT, 2009-2012 (1) Pakistan Source: Axco Insurance Information Services. Year GDP
2009 $454.2 LEADING LIFE INSURANCE COMPANIES, 2010 2010 448.1 Gross written premiums 2011 451.2 2012 488.0 Company PKR Mn USD Mn (1) Based on Purchasing Power Parity calculations, which take into account the relative cost of living and inflation rates of EFU Life 8,375.5 98.3 countries. GDP estimate for July for each year shown. Source: U.S. Central Intelligence Agency. New Jubilee 5,802.4 68.1
ALICO 1,893.9 22.2
Adamjee Life 267.1 3.1 LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 East West Life 250.1 2.9 (U.S. $ millions) Asia Care Health 155.0 1.8 Source: Axco Insurance Information Services. Direct premiums
written
Nonlife premiums (1) $636 Life premiums 739 Total premiums $1,376 Percent of total world 0.03% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 75
Panama
LEADING NONLIFE INSURANCE COMPANIES, 2010 INSURANCE ASSOCIATION
Panamanian Insurance Association Gross written premiums Asociacion Panamena de Aseguradores Web: www.bnamericas.com Company USD Mn
Internacional de Seguros 154.5 ASSA 96.6 POPULATION, 2008-2011 (1)
MAPFRE 54.9 Year Population Ancon 52.8 Assicurazioni Generali 44.0 2008 3,360,474 HSBC Seguros 34.7 2009 3,360,474 National Union Fire 28.6 2010 3,460,462 Suramericana 27.7 2011 3,510,045 Seguros Fedpa 13.3 (1) Estimated. Source: U.S. Central Intelligence Agency. Banesco Seguros 12.7 Source: Axco Insurance Information Services.
GROSS DOMESTIC PRODUCT, 2009-2012 (1) LEADING LIFE INSURANCE COMPANIES, 2010
Year GDP Gross written
premiums 2009 $39.3 2010 40.3 Company USD Mn 2011 44.8 ASSA 65.9 2012 48.8 MAPFRE 63.7 (1) Based on Purchasing Power Parity calculations, which take into account the relative cost of living and inflation rates of American Life 58.5 countries. GDP estimate for July for each year shown. Internacional de Seguros 54.7 Source: U.S. Central Intelligence Agency.
Assicurazioni Generali 30.6 Pan American Life Insurance de 27.5 Panama LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 (U.S. $ millions) World Wide Medical Assurance 23.2 HSBC Seguros 21.0 Direct premiums
Suramericana 12.1 written Source: Axco Insurance Information Services. Nonlife premiums (1) $819 Life premiums 234 Total premiums $1,053 Percent of total world 0.02% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 76
Peru
LEADING NONLIFE INSURANCE COMPANIES, 2010 INSURANCE ASSOCIATION
Asociacion Peruana de Empresas de Seguros Gross written premiums Web: www.apeseg.org.pe
Company PEN Mn USD Mn
Rimac 1,475.6 522.3 POPULATION, 2008-2011 (1) El Pacifico Peruano Suiza 925.0 327.4 MAPFRE Peru 488.1 172.8 Year Population
La Positiva 422.1 149.4 2008 29,546,963 El Pacifico Vida 68.1 24.1 2009 29,546,963 Cardif 41.0 14.5 2010 29,248,943 ACE 39.4 14.0 2011 29,549,517 MAPFRE Peru Vida 39.2 13.9 (1) Estimated. Interseguro 34.7 12.3 Source: U.S. Central Intelligence Agency.
Source: Axco Insurance Information Services.
GROSS DOMESTIC PRODUCT, 2009-2012 (1) LEADING LIFE INSURANCE COMPANIES, 2010
Year GDP Gross written premiums 2009 $238.9 Company PEN Mn USD Mn 2010 253.4 Rimac 721.2 255.3 2011 277.2 El Pacifico Vida 713.4 252.5 2012 299.7 InVita 500.6 177.2 (1) Based on Purchasing Power Parity calculations, which take into account the relative cost of living and inflation rates of Interseguro 436.5 154.5 countries. GDP estimate for July for each year shown. La Positiva Vida 350.9 124.2 Source: U.S. Central Intelligence Agency.
MAPFRE Peru Vida 128.0 45.3 Protecta 79.4 28.1 LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 Cardif 23.5 8.3 (U.S. $ millions) ACE 22.5 8.0 Source: Axco Insurance Information Services. Direct premiums
written
Nonlife premiums (1) $1,379 Life premiums 1,234 Total premiums $2,613 Percent of total world 0.06% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 77
Philippines
LEADING NONLIFE INSURANCE COMPANIES, 2010 INSURANCE ASSOCIATION
Philippine Insurers and Reinsurers Association Gross written premiums Web: www.pirainc.org
Company PHP Mn USD Mn
Malayan Insurance 6,118.9 128.3 POPULATION, 2008-2011 (1) Prudential Guarantee 3,133.1 65.7 BPI/MS 2,689.9 56.4 Year Population
Standard Insurance 2,545.6 53.4 2008 97,976,603 Pioneer Insurance 2,178.0 45.7 2009 97,976,603 Chartis 1,717.5 36.0 2010 101,833,938 MAPFRE Asian 1,542.2 32.3 2011 103,775,002 Phil. Charter 1,516.2 31.8 (1) Estimated. UCPB General 1,515.0 31.8 Source: U.S. Central Intelligence Agency.
Federal Phoenix 1,501.7 31.5 Source: Axco Insurance Information Services. GROSS DOMESTIC PRODUCT, 2009-2012 (1)
LEADING LIFE INSURANCE COMPANIES, 2009 Year GDP Gross written premiums 2009 $327.2 2010 324.9 Company PHP Mn USD Mn 2011 353.2 Philamlife 10,892.9 228.5 2012 393.4 Sun Life 9,565.9 200.6 (1) Based on Purchasing Power Parity calculations, which take into account the relative cost of living and inflation rates of Insular Life 6,183.8 129.7 countries. GDP estimate for July for each year shown. Philippine AXA 4,440.5 93.1 Source: U.S. Central Intelligence Agency.
BPI Philam Life 3,602.8 75.6 Pru Life 3,523.8 73.9 LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 Generali Pilipinas Life 3,213.4 67.4 (U.S. $ millions) Manufacturers life 3,190.1 66.9 Great Pacific Life 2,274.8 47.7 Direct premiums
written United Coconut Planters 1,841.5 38.6 Source: Axco Insurance Information Services. Nonlife premiums (1) $991 Life premiums 1,890 Total premiums $2,881 Percent of total world 0.06% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 78
Poland
LEADING NONLIFE INSURANCE COMPANIES, 2010 INSURANCE ASSOCIATION
Polska Izba Ubezpieczen Gross written Polish Chamber of Insurance premiums Web: www.piu.org.pl
Company PLN Mn USD Mn
PZU 7,783.9 2,581.5 POPULATION, 2008-2011 (1) ERGO Hestia 2,344.5 777.6 WARTA 1,995.5 661.8 Year Population
Allianz Polska 1,734.1 575.1 2008 38,482,919 InterRisk 1,046.0 346.9 2009 38,482,919 HDI Asekuracja 969.7 321.6 2010 38,441,588 UNIQA 891.6 295.7 2011 38,415,284 Compensa 818.7 271.5 (1) Estimated. Generali 750.0 248.7 Source: U.S. Central Intelligence Agency
Moje Towarzystwo 545.0 180.7 Ubezpieczen Source: Axco Insurance Information Services. GROSS DOMESTIC PRODUCT, 2009-2012 (1)
Year GDP LEADING LIFE INSURANCE COMPANIES, 2009 2009 $684.5 Gross written premiums 2010 686.2 2011 725.2 Company PLN Mn USD Mn 2012 765.6 PZU Zycie 9,918.2 3,178.8 (1) Based on Purchasing Power Parity calculations, which take into account the relative cost of living and inflation rates of TUnZ EUROPA 2,692.9 863.1 countries. GDP estimate for July for each year shown. TUnZ Warta 2,606.5 835.4 Source: U.S. Central Intelligence Agency.
ING TUnZ 2,548.5 816.8 Allianz Zycie 1,855.6 594.7 LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 Aviva 1,666.1 534.0 (U.S. $ millions) Amplico AIG 1,562.9 500.9 Nordea Polska 1,212.0 388.4 Direct premiums
Generali Zycie 1,209.4 387.6 written UNIQA 960.8 307.9 Nonlife premiums (1) $9,870 Source: Axco Insurance Information Services. Life premiums 9,237
Total premiums $19,107 Percent of total world 0.42% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 79
Portugal
LEADING NONLIFE INSURANCE COMPANIES, 2010 INSURANCE ASSOCIATION
Portuguese Insurance Companies Association Gross written premiums Associacao Portuguesa de Seguradores Web: www.apseguradores.pt Company EUR Mn USD Mn
Fidelidade Munidal 696.8 922.9 POPULATION, 2008-2011 (1) Imperio Bonanca 392.5 519.8 AXA Portugal Seguros 349.7 463.1 Year Population
Tranquilidade 326.8 432.9 2008 10,707,924 Allianz Portugal 293.7 389.1 2009 10,707,924 Zurich 292.6 387.5 2010 10,760,305 Lusitania 232.4 307.8 2011 NA Ocidental Seguro 211.5 280.1 (1) Estimated. Acoreana 187.5 248.3 NA=Data not available. Sourc’e: U.S. Central Intelligence Agency. Liberty Seguros 172.1 227.9 Source: Axco Insurance Information Services. GROSS DOMESTIC PRODUCT, 2009-2012 (1)
Year GDP LEADING LIFE INSURANCE COMPANIES, 2010 2009 $245.0 Gross written 2010 232.2
premiums 2011 247 Company EUR Mn USD Mn 2012 NA (1) Based on Purchasing Power Parity calculations, which take Fidelidade Mundial 4,359.3 5,774.0 into account the relative cost of living and inflation rates of countries. GDP estimate for July for each year shown. Occidental Vida 1,723.5 2,282.8 NA=Data not available. BES Vida 1,393.0 1,845.1 Source: U.S. Central Intelligence Agency.
Santander Totta Vida 1,195.4 1,583.3 BPI Vida 1,175.2 1,556.5 LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 (U.S. $ millions) CNP Barclays Vida e 306.4 405.8 Pensiones Direct premiums Credito Agricola Vida 254.4 337.0 written Acoreana 218.6 289.6 AXA Vida 218.0 288.7 Nonlife premiums (1) $5,779 Life premiums 10,534 Allianz 182.0 241.0 Source: Axco Insurance Information Services. Total premiums $16,313 Percent of total world 0.35% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 80
Qatar
LEADING NONLIFE INSURANCE COMPANIES, 2009
Gross written premiums POPULATION, 2008-2011 (1)
Company QAR Mn USD Mn Year Population Qatar Insurance Company 2,149.7 590.6 2008 833,285 Qatar General 504.6 138.6 2009 NA Doha 316.5 87.0 2010 848,016 Al-Kahleej NA NA 2011 1,951,591 QIIC NA NA (1) Estimated. Qatar Takaful NA NA NA=Data not available. NA=Data not available. Source: U.S. Central Intelligence Agency. Source: Axco Insurance Information Services.
GROSS DOMESTIC PRODUCT, 2009-2012 (1)
Year GDP
2009 $83.3 2010 NA 2011 122.2 2012 181.7 (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.
LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 (U.S. $ millions)
Direct premiums
written
Nonlife premiums (1) $908 Life premiums 54 Total premiums $961 Percent of total world 0.02% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 81
Romania
LEADING NONLIFE INSURANCE COMPANIES, 2010 INSURANCE ASSOCIATION
National Union of Insurance and Reinsurance Gross written premiums Companies of Romania - UNSAR Web: unsar.ro Company RON Mn USD Mn
Astra 1,069.0 336.4 Allianz-Tiriac 938.8 295.4 POPULATION, 2008-2011 (1)
Omniasig 916.1 288.3 Year Population Groupama 716.7 225.5 BCR Asigurari 522.0 164.3 2008 22,215,421 Asirom 445.8 140.3 2009 22,215,421 Uniqa 432.4 136.1 2010 21,904,551 Generali 348.8 109.8 2011 21,848,504 Euroins Romania 301.0 94.7 (1) Estimated. Source: U.S. Central Intelligence Agency. Carpatica Asig 292.0 91.9 Source: Axco Insurance Information Services.
GROSS DOMESTIC PRODUCT, 2009-2012 (1) LEADING LIFE INSURANCE COMPANIES, 2010
Year GDP Gross written premiums 2009 $278.4 Company RON Mn USD Mn 2010 256.3 ING 543.4 171.0 2011 253.3 BCR 307.4 96.7 2012 263.9 Alico> 205.0 64.5 (1) Based on Purchasing Power Parity calculations, which take into account the relative cost of living and inflation rates of Generali 91.1 28.7 countries. GDP estimate for July for each year shown. Source: U.S. Central Intelligence Agency. Aviva 88.9 28.0 ASIROM 85.1 26.8
Allianz-Tiriac 81.6 25.7 LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 Groupama 62.9 19.8 (U.S. $ millions)
Grawe 59.6 18.8 Direct premiums Eureko 31.2 9.8 written Source: Axco Insurance Information Services. Nonlife premiums (1) $2,053 Life premiums 554 Total premiums $2,607 Percent of total world 0.06% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 82
Russia
LEADING NONLIFE INSURANCE COMPANIES, 2010 INSURANCE ASSOCIATION
All Russia Insurance Association Gross written Web: www.ins-union.ru premiums
Company RUB Mn USD Mn POPULATION, 2008-2011 (1)
Rosgosstrakh 74,278.4 2,446.8 Year Population Sogaz 47,947.4 1,579.4 Ingosstrakh 41,167.0 1,356.1 2008 140,041,247 Reso Garantiya 35,768.8 1,178.3 2009 140,041,247 VSK 25,147.5 828.4 2010 138,739,892 Rosno 20,597.4 678.5 2011 NA AlfaStrakhovanie 20,463.3 674.1 (1) Estimated. NA=Data not available. Soglasie 15,798.1 520.4 Source: U.S. Central Intelligence Agency.
Renaissance Insurance 12,185.0 401.4 Group GROSS DOMESTIC PRODUCT, 2009-2012 (1) UralSib 10,362.7 341.4 Source: Axco Insurance Information Services. Year GDP
2009 $2,225.0 LEADING LIFE INSURANCE COMPANIES, 2010 2010 2,117.0 2011 2,229.0 Gross written premiums 2012 NA Company RUB Mn USD Mn (1) Based on Purchasing Power Parity calculations, which take into account the relative cost of living and inflation rates of MetLife Alico 3,183.7 104.9 countries. GDP estimate for July for each year shown. NA=Data not available. Alfa Insurance Life 2,882.8 95.0 Source: U.S. Central Intelligence Agency. Rosgosstrakh Zhizn 2,523.0 83.1
Russkiy Standart Insurance 1,838.1 60.6 LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 Sozhekap Life Insurance 1,151.0 37.9 (U.S. $ millions)
Allianz Life 1,150.8 37.9 Direct premiums CiV Life 1,117.1 36.8 written Sogaz Life 1,095.7 36.1 Generali PPF Life Insurance 1,084.0 35.7 Nonlife premiums (1) $42,071 Life premiums 1,185 Geopolis 880.1 29.0 Source: Axco Insurance Information Services. Total premiums $43,257 Percent of total world 0.94% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 83
Saudi Arabia
POPULATION, 2008-2011 (1)
Year Population
2008 28,686,633 2009 28,686,633 2010 26,131,703 2011 26,534,504 (1) Estimated. Source: U.S. Central Intelligence Agency.
GROSS DOMESTIC PRODUCT, 2009-2012 (1)
Year GDP
2009 $600.4 2010 581.3 2011 622.5 2012 676.7 (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, 2011 (U.S. $ millions)
Direct premiums
written
Nonlife premiums (1) $4,682 Life premiums 289 Total premiums $4,971 Percent of total world 0.11% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 84
Serbia
LEADING NONLIFE INSURANCE COMPANIES, 2010 INSURANCE ASSOCIATION
Assocation of Serbian Insurers Gross written premiums Web: uos.rs/o-nama/
Company RSD Mn USD Mn
Dunav 13,957.4 179.6 POPULATION, 2008-2011 (1) DDOR Novi Sad 9,942.1 127.9 Delta Generali 8,103.1 104.3 Year Population
UNIQA Non-Life 2,766.9 35.6 2008 10,159,046 Wiener Staedtische 2,541.5 32.7 2009 7,379,339 Takovo 2,262.4 29.1 2010 7,310,555 Triglav Kopaonik 1,926.3 24.8 2011 7,276,604 Sava 1,580.7 20.3 (1) Estimated. AMS 1,510.1 19.4 Source: U.S. Central Intelligence Agency.
Milenijum 932.7 12.0 Source: Axco Insurance Information Services. GROSS DOMESTIC PRODUCT, 2009-2012 (1)
LEADING LIFE INSURANCE COMPANIES, 2010 Year GDP Gross written 2009 $83.1
premiums 2010 77.0 2011 80.5 Company RSD Mn USD Mn 2012 79.1 Delta Generali 2,361.0 30.4 (1) Based on Purchasing Power Parity calculations, which take Wiener Staedtische 2,356.6 30.3 into account the relative cost of living and inflation rates of countries. GDP estimate for July for each year shown. GRAWE 1,990.3 25.6 Source: U.S. Central Intelligence Agency.
UNIQA Life 701.2 9.0
Dunav 698.3 9.0 DDOR Novi Sad 514.3 6.6 LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 (U.S. $ millions) Merkur 392.2 5.1 Credit Agricole (now AXA Direct premiums 162.4 2.1 Life) written Triglav Kopaonik 63.0 0.8 Nonlife premiums (1) $656 Alico (now MetLife) 40.7 0.5 Life premiums 126 Source: Axco Insurance Information Services. Total premiums $781 Percent of total world 0.02% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 85
Singapore
LEADING NONLIFE INSURANCE COMPANIES, 2010 INSURANCE ASSOCIATION
General Insurance Association of Singapore Gross written premiums Web: www.gia.org.sg
Company SGN Mn USD Mn
American Home 449.5 329.7 POPULATION, 2008-2011 (1) AXA Singapore 305.4 224.0 NTUC Income 299.8 219.9 Year Population
First Capital 259.1 190.0 2008 4,657,542 MSIG 243.9 178.9 2009 4,657,542 Liberty Insurance 123.1 90.3 2010 4,740,737 QBE 120.0 88.0 2011 5,353,494 Tokio Marine Insurance 107.8 79.1 (1) Estimated. India International 100.0 73.3 Source: U.S. Central Intelligence Agency.
Ace Insurance 98.8 72.5 Source: Axco Insurance Information Services. GROSS DOMESTIC PRODUCT, 2009-2012 (1)
LEADING LIFE INSURANCE COMPANIES, 2010 Year GDP Gross written premiums 2009 $240.0 2010 235.7 Company SGD Mn USD Mn 2011 292.4 NTUC Income 3,456.4 2,534.9 2012 314.5 Great Eastern Life 3,221.9 2,363.0 (1) Based on Purchasing Power Parity calculations, which take into account the relative cost of living and inflation rates of AIA 2,593.1 1,901.8 countries. GDP estimate for July for each year shown. Prudential 2,579.6 1,891.9 Source: U.S. Central Intelligence Agency.
Aviva Ltd 810.5 594.4 Manulife 583.7 428.1 LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 Hsbc Insurance 392.7 288.0 (U.S. $ millions) OAC 389.9 285.9 TM Asia Life 281.0 206.1 Direct premiums
written AXA Life Singapore 243.2 178.4 Source: Axco Insurance Information Services. Nonlife premiums (1) $8,188 Life premiums 11,275 Total premiums $19,463 Percent of total world 0.42% premiums (1) Includes accident and health insurance.
Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 86
Slovakia
LEADING NONLIFE INSURANCE COMPANIES, 2010 INSURANCE ASSOCIATION
Slovak Insurance Association Gross written premiums Slovenska asociacia maklerov v poistovnictve Web: www.slaspo.sk Company EUR Mn USD Mn
Allianz Slovenska 353.6 468.3 Kooperativa 248.0 328.5 POPULATION, 2008-2011 (1)
Generali 106.7 141.4 Year Population UNIQA 74.3 98.5 Komunalna 51.9 68.7 2008 5,463,046 Union 28.5 37.7 2009 5,463,046 Wustenrot 23.2 30.7 2010 5,477,038 CSOB 20.9 27.7 2011 5,483,088 Cardif Slovakia 10.9 14.5 (1) Estimated. Source: U.S. Central Intelligence Agency. Groupama Poistovna 7.5 9.9 Source: Axco Insurance Information Services.
GROSS DOMESTIC PRODUCT, 2009-2012 (1) LEADING LIFE INSURANCE COMPANIES, 2010
Year GDP Gross written premiums 2009 $123.1 Company EUR Mn USD Mn 2010 115.3
Allianz Slovenska 244.6 324.0 2011 121.3 KOOPERATIVA poistovna 223.5 296.0 2012 126.9 (1) Based on Purchasing Power Parity calculations, which take MetLife Amslico 120.3 159.4 into account the relative cost of living and inflation rates of KOMUNALNA poistovna 97.7 129.4 countries. GDP estimate for July for each year shown. Source: U.S. Central Intelligence Agency. Generali 88.8 117.6 ING 86.2 114.2
CSOB 57.3 75.9 LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 AXA 48.1 63.7 (U.S. $ millions)
Sporitelni 37.9 50.2 Direct premiums UNIQA 28.4 37.7 written Source: Axco Insurance Information Services. Nonlife premiums (1) $1,510 Life premiums 1,359 Total premiums $2,869 Percent of total world 0.06% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 87
Slovenia
LEADING NONLIFE INSURANCE COMPANIES, 2010 INSURANCE ASSOCIATION
Slovenian Insurance Association Gross written premiums Slovensko Zavarovalno Zdruzenje Web: www.zav-zdruzenje.si Company EUR Mn USD Mn
Triglav 512.2 696.7 POPULATION, 2008-2011 (1) Adriatic Slovenica 247.5 336.7 Vzajemna 238.8 324.9 Year Population
Maribor 188.3 256.1 2008 2,005,692 Triglav Zdravstvena 72.7 98.8 2009 2,005,692 Tilia 63.6 86.5 2010 2,000,092 Generali 62.5 85.0 2011 1,996,617 SID-PKZ 19.9 27.0 (1) Estimated. Grawe 12.4 16.9 Source: U.S. Central Intelligence Agency.
Merkur 7.2 9.8 Source: Axco Insurance Information Services. GROSS DOMESTIC PRODUCT, 2009-2012 (1)
LEADING LIFE INSURANCE COMPANIES, 2010 Year GDP
2009 $61.8 Gross written premiums 2010 56.5 2011 56.8 Company EUR Mn USD Mn 2012 58.6 Triglav 207.6 275.0 (1) Based on Purchasing Power Parity calculations, which take Kapitalska Druzba 147.5 195.4 into account the relative cost of living and inflation rates of countries. GDP estimate for July for each year shown. Maribor 71.3 94.5 Source: U.S. Central Intelligence Agency.
KD Life 70.0 92.7
Merkur 40.3 53.3 LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 NLB Vita 30.5 40.4 (U.S. $ millions)
GRAWE 22.5 29.8 Direct premiums
Generali 18.2 24.1 written Wiener Staedtische 14.4 19.1 Nonlife premiums (1) $2,066 Adriatic Slovenica 13.7 18.1 Life premiums 942 Source: Axco Insurance Information Services. Total premiums $3,008 Percent of total world 0.07% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 88
South Africa
LEADING NONLIFE INSURANCE COMPANIES, 2009 INSURANCE ASSOCIATION
South African Insurance Association Gross written premiums Web: www.sainsurance.co.za
Company ZAR Mn USD Mn
Santam Ltd 12,006.1 1,416.9 POPULATION, 2008-2011 (1) Mutual & Federal 6,059.6 715.1 Zurich 4,071.1 480.4 Year Population
Hollard 4,014.7 473.8 2008 49,052,489 Outsurance 3,681.1 434.4 2009 49,052,489 Absa 2,439.3 287.9 2010 49,004,031 Guardrisk 2,148.0 253.5 2011 48,810,427 Regent 1,495.4 176.5 (1) Estimated. Auto & General 1,422.4 167.9 Source: U.S. Central Intelligence Agency.
Centriq 1,233.6 145.6 Source: Axco Insurance Information Services. GROSS DOMESTIC PRODUCT, 2009-2012 (1)
LEADING LIFE INSURANCE COMPANIES, 2009 Year GDP Gross written premiums 2009 $506.1 2010 488.6 Company ZAR Mn USD Mn 2011 527.5 Old Mutual Life 52,679.2 6,376.7 2012 554.6 Investment Solutions 44,595.5 5,398.2 (1) Based on Purchasing Power Parity calculations, which take into account the relative cost of living and inflation rates of Momentum Group 36,701.1 4,442.6 countries. GDP estimate for July for each year shown. Investec Assurance 30,154.5 3,650.1 Source: U.S. Central Intelligence Agency.
Sanlam Life 26,365.5 3,191.5 Liberty Group 20,796.9 2,517.4 LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 Metropolitan Life 9,890.3 1,197.2 (U.S. $ millions) Coronation Life 8,468.0 1,025.0 Allan Gray 7,086.3 857.8 Direct premiums
written SIS Life 5,867.0 710.2 Source: Axco Insurance Information Services. Nonlife premiums (1) $10,842 Life premiums 41,534 Total premiums $52,376 Percent of total world 1.14% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 89
South Korea
LEADING NONLIFE INSURANCE COMPANIES, 2010 INSURANCE ASSOCIATION
Korea Non-life Insurance Association Gross written premiums Web: www.knia.or.kr
Company KRW Mn USD Mn
Samsung 13,672,930.0 11,826.8 POPULATION, 2008-2011 (1) Hyundai 7,946,478.0 6,873.5 LI G 7,308,495.0 6,321.7 Year Population
DONGBU 7,194,087.0 6,222.7 2008 48,508,972 Meritz 3,927,962.0 3,397.6 2009 48,508,972 Hanwha 3,047,037.0 2,635.6 2010 48,754,657 Heungkuk 2,365,278.0 2,045.9 2011 48,860,500 LOTTE 1,876,047.0 1,622.7 (1) Estimated. SGIC 1,127,808.0 975.5 Source: U.S. Central Intelligence Agency.
Green 870,035.0 752.6 Source: Axco Insurance Information Services. GROSS DOMESTIC PRODUCT, 2009-2012 (1)
LEADING LIFE INSURANCE COMPANIES, 2010 Year GDP Gross written premiums 2009 $1,278.0 2010 1,343.0 Company KRW Mn USD Mn 2011 1,467.0 Samsung 13,672,930.0 11,826.8 2012 1,554.0 Hyundai 7,946,478.0 6,873.5 (1) Based on Purchasing Power Parity calculations, which take into account the relative cost of living and inflation rates of LI G 7,308,495.0 6,321.7 countries. GDP estimate for July for each year shown. DONGBU 7,194,087.0 6,222.7 Source: U.S. Central Intelligence Agency.
Meritz 3,927,962.0 3,397.6 Hanwha 3,047,037.0 2,635.6 LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 Heungkuk 2,365,278.0 2,045.9 (U.S. $ millions) LOTTE 1,876,047.0 1,622.7 SGIC 1,127,808.0 975.5 Direct premiums
written Green 870,035.0 752.6 Source: Axco Insurance Information Services. Nonlife premiums (1) $51,223 Life premiums 79,161 Total premiums $130,383 Percent of total world 2.84% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 90
Spain
LEADING NONLIFE INSURANCE COMPANIES, 2010 INSURANCE ASSOCIATION
Union Espanola de Entidades Aseguradoras y Gross written premiums Reaseguradoras Web: www.unespa.es Company EUR Mn USD Mn
MAPFRE Familiar 3,987.7 5,463.4 AXA Seguros Generales 2,143.8 2,937.1 POPULATION, 2008-2011 (1)
Allianz 1,948.8 2,669.9 Year Population Adeslas 1,854.4 2,540.6 Generali 1,332.6 1,825.7 2008 40,525,002 Zurich 1,193.1 1,634.7 2009 40,525,002 Caser 1,132.5 1,551.5 2010 46,754,784 Mutua Madrilena 1,104.1 1,512.7 2011 47,042,984 Sanitas 1,068.0 1,463.2 (1) Estimated. Source: U.S. Central Intelligence Agency. Santalucia 966.5 1,324.2 Source: Axco Insurance Information Services.
GROSS DOMESTIC PRODUCT, 2009-2012 (1) LEADING LIFE INSURANCE COMPANIES, 2010
Year GDP Gross written premiums 2009 $1,378.0 Company EUR Mn USD Mn 2010 1,368.0
VidaCaixa 3,696.0 5,063.7 2011 1,376.0 Bansabadell Vida 2,452.4 3,359.8 2012 1,411.0 (1) Based on Purchasing Power Parity calculations, which take Santander Seguros 2,003.1 2,744.3 into account the relative cost of living and inflation rates of Ibercaja Vida 1,139.4 1,561.0 countries. GDP estimate for July for each year shown. Source: U.S. Central Intelligence Agency. MAPFRE Vida 1,111.1 1,522.2 Caser 967.3 1,325.2
MAPFRE Caja Madrid Vida 949.1 1,300.2 LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 BBVA Seguros 832.4 1,140.4 (U.S. $ millions)
Generali 814.9 1,116.4 Direct premiums Ascat Vida 760.3 1,041.7 written Source: Axco Insurance Information Services. Nonlife premiums (1) $40,731 Life premiums 39,257 Total premiums $79,987 Percent of total world 1.74% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 91
Sri Lanka
LEADING NONLIFE INSURANCE COMPANIES, 2010 INSURANCE ASSOCIATION
Insurance Association of Sri Lanka Gross written Web: www.iasl.lk premiums
Company LKR Mn USD Mn POPULATION, 2008-2011 (1) Sri Lanka 9,266.6 82.0 Ceylinco 9,224.6 81.6 Year Population Janashakthi 4,472.3 39.6 2008 21,324,791 Union 3,667.9 32.4 2009 21,324,791 Aviva NDB 2,846.8 25.2 2010 21,283,913 Allianz Insurance Company 1,469.5 13.0 Lanka Ltd 2011 21,481,334 HNB Assurance 1,343.7 11.9 (1) Estimated. Source: U.S. Central Intelligence Agency. CHARTIS 943.4 8.3 Amana Takaful 933.2 8.3
PIL 933.2 8.3 GROSS DOMESTIC PRODUCT, 2009-2012 (1) Source: Axco Insurance Information Services.
Year GDP LEADING LIFE INSURANCE COMPANIES, 2010 2009 $93.3
2010 96.5 Gross written
premiums 2011 104.7 2012 115.1 Company LKR Mn USD Mn (1) Based on Purchasing Power Parity calculations, which take into account the relative cost of living and inflation rates of Ceylinco 8,786.1 77.7 countries. GDP estimate for July for each year shown. Source: U.S. Central Intelligence Agency. Aviva NDB 7,783.9 68.9
Sri Lanka 6,009.9 53.2
Union 3,465.5 30.7 LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 Janashakthi and National 1,616.6 14.3 (U.S. $ millions) Asian Alliance 1,242.6 11.0 Direct premiums HNB 1,084.5 9.6 written Life Insurance Corporation 252.7 2.2 Lanka Nonlife premiums (1) $382 Amana Takaful 240.2 2.1 Life premiums 319 Co-operative 232.6 2.1 Total premiums $701 Source: Axco Insurance Information Services. Percent of total world 0.02% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 92
Sweden
LEADING NONLIFE INSURANCE COMPANIES, 2010 INSURANCE ASSOCIATION
Swedish Insurance Federation Gross written Web: www.svenskforsakring.se premiums
USD Company SEK Mn Mn POPULATION, 2008-2011 (1)
Lansforsakringar 17,433.0 2,418.7 Year Population If Skadeforsakring 11,407.0 1,582.7 Trygg-Hansa 9,664.0 1,340.8 2008 9,059,651 Folksam 9,173.0 1,272.7 2009 9,059,651 Moderna Forsakringar 2,261.0 313.7 2010 9,088,728 Dina-gruppen 1,483.0 205.8 2011 9,103,788 Sakforsakring, Capitve (Group of (1) Estimated. 1,270.0 176.2 Captive Insurers) Source: U.S. Central Intelligence Agency.
Landstingen 975.0 135.3 Zurich 940.0 130.4 GROSS DOMESTIC PRODUCT, 2009-2012 (1) Solid 846.0 117.4 Source: Axco Insurance Information Services. Year GDP
2009 $309.9 LEADING LIFE INSURANCE COMPANIES, 2010 2010 316.1 Gross written premiums 2011 326.5 2012 340.5 Company SEK Mn USD Mn (1) Based on Purchasing Power Parity calculations, which take into account the relative cost of living and inflation rates of Alecta 24,999.9 3,468.6 countries. GDP estimate for July for each year shown. Source: U.S. Central Intelligence Agency. Swedbank Forsakring 19,654.8 2,727.0
AMF Pension 17,880.1 2,480.8
Avanza 15,720.1 2,181.1 LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 SEB TL Fond 15,554.1 2,158.0 (U.S. $ millions) Nordnet 12,938.1 1,795.1 Direct premiums Skandia 11,877.4 1,647.9 written Skandia Liv 11,809.7 1,638.5 Nordea Utland 8,183.6 1,135.4 Nonlife premiums (1) $10,150 Danica 7,411.9 1,028.4 Life premiums 31,961 Source: Axco Insurance Information Services. Total premiums $42,111 Percent of total world 0.92% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 93
Switzerland
LEADING NONLIFE INSURANCE COMPANIES, 2010 INSURANCE ASSOCIATION
Gross written Swiss Insurance Association
premiums Schweizerischer Versicherungsverband Web: www.svv.ch Company EUR Mn USD Mn
AXA Versicherungen 3,157.2 3,035.8 POPULATION, 2008-2011 (1) Zürich Versicherungs-Gesellschaft 2,668.2 2,565.5 Schweizerische Mobiliar 2,157.4 2,074.4 Year Population Allianz Suisse Versicherungs- 1,738.3 1,671.4 Gesellschaft 2008 7,604,467 Helsana Zusatzversicherungen 1,487.9 1,430.7 2009 7,604,467 Basler Versicherungtd 1,267.2 1,218.4 2010 7,639,961 CSS Versicherung 1,041.4 1,001.3 2011 7,655,628 Swica Krankenversicherung 1,012.3 973.4 (1) Estimated. Source: U.S. Central Intelligence Agency. Visana Versicherungen 937.6 901.6 Generali Assurances Générales 773.9 744.2 Source: Axco Insurance Information Services. GROSS DOMESTIC PRODUCT, 2009-2012 (1)
LEADING LIFE INSURANCE COMPANIES, 2010 Year GDP
2009 $738.8 Gross written
premiums 2010 693.3 2011 823.6 CHF USD Company Mn Mn 2012 885.3 (1) Based on Purchasing Power Parity calculations, which take AXA Leben AG 8,059.0 7,749.1 into account the relative cost of living and inflation rates of countries. GDP estimate for July for each year shown. Swiss Life SA 7,516.7 7,227.6 Source: U.S. Central Intelligence Agency. Helvetia Schweizerische 2,824.6 2,715.9 Lebensversicherungsgesellschaft Basler Lebens-Versicherungs- LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 2,822.2 2,713.7 Gesellschaft (U.S. $ millions) Allianz Suisse Lebensversicherungs- 2,074.1 1,994.3 Gesellschaft AG Direct premiums Zürich Lebensversicherungs- 1,718.6 1,652.5 written Gesellschaft Lombard International Assurance S.A., Nonlife premiums (1) $28,494 Luxembourg (Luxembourg), 1,207.9 1,161.4 Life premiums 35,083 Zweigniederlassung Zürich Total premiums $63,576 Generali Personenversicherungen AG 1,166.4 1,121.5 Schweizerische Mobiliar Percent of total world 805.4 774.4 1.38% Lebensversicherungs-Gesellschaft premiums (1) Includes accident and health insurance. Pax, Schweizerische 696.5 669.7 Source: Swiss Re, sigma, No. 3/2012. Lebensversicherungs-Gesellschaft
Source: Axco Insurance Information Services.
2013 International Insurance Fact Book updates at www.iii.org/international/ 94
Taiwan
LEADING NONLIFE INSURANCE COMPANIES, 2010 INSURANCE ASSOCIATION
The Non-Life Insurance Association of the Republic of Gross written premiums China Web: www.nlia.org.tw Company TWD Mn USD Mn
Fubon 22,170.6 700.5 Cathay Century 12,191.6 385.2 POPULATION, 2008-2011 (1)
Shin Kong 10,728.8 339.0 Year Population Mingtai 9,270.4 292.9 Tokio Marine Newa 7,727.9 244.2 2008 22,974,347 Union 6,594.2 208.4 2009 22,974,347 Taian 6,394.2 202.0 2010 23,071,779 South China 5,500.6 173.8 2011 23,113,901 Chung Kuo 5,270.0 166.5 (1) Estimated. Source: U.S. Central Intelligence Agency. First 5,006.7 158.2 Source: Axco Insurance Information Services.
GROSS DOMESTIC PRODUCT, 2009-2012 (1) LEADING LIFE INSURANCE COMPANIES, 2010
Year GDP Gross written premiums 2009 $358.4 Company TWD Mn USD Mn 2010 333.2
Cathay Life 561,391.2 17,738.8 2011 354.0 Fubon Life 438,212.9 13,846.6 2012 379.4 (1) Based on Purchasing Power Parity calculations, which take Nan Shan Life 215,499.4 6,809.3 into account the relative cost of living and inflation rates of Shin Kong Life 190,928.8 6,032.9 countries. GDP estimate for July for each year shown. Source: U.S. Central Intelligence Agency. Chunghwa Post 165,969.8 5,244.3 China Life 120,278.3 3,800.5
Allianz Taiwan Life 90,997.7 2,875.3 LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 Mass Mutual Mercuries 88,198.7 2,786.9 (U.S. $ millions)
Bank Taiwan 56,100.8 1,772.7 Direct premiums Farglory Life 50,938.0 1,609.5 written Source: Axco Insurance Information Services. Nonlife premiums (1) $14,283 Life premiums 64,133 Total premiums $78,416 Percent of total world 1.71% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 95
Thailand
LEADING NONLIFE INSURANCE COMPANIES, 2010 INSURANCE ASSOCIATION
General Insurance Association Gross written Web: www.thaigia.com premiums
Company THB Mn USD Mn POPULATION, 2008-2011 (1) Viriyah 20,205.6 637.7 Dhipay 10,051.2 317.2 Year Population Bangkok Insurance 9,633.8 304.0 2008 65,905,410 Synmunkong 6,023.3 190.1 2009 65,998,436 Muang Thai Insurance 4,576.2 144.4 Public 2010 66,720,153 The Safety Insurance 4,488.4 141.7 2011 67,091,089 LMG 4,129.2 130.3 (1) Estimated. Source: U.S. Central Intelligence Agency. Thanachart 3,905.9 123.3 Tokio Marine Sri Muang 3,887.0 122.7
Deve 3,260.0 102.9 GROSS DOMESTIC PRODUCT, 2009-2012 (1) Source: Axco Insurance Information Services.
Year GDP LEADING LIFE INSURANCE COMPANIES, 2010 2009 $570.1
2010 539.7 Gross written premiums 2011 580.3 Company THB Mn USD Mn 2012 609.8 (1) Based on Purchasing Power Parity calculations, which take AIA 91,607.0 2,891.1 into account the relative cost of living and inflation rates of Thai Life 36,747.1 1,159.7 countries. GDP estimate for July for each year shown. Source: U.S. Central Intelligence Agency. Muang Thai Life 29,649.3 935.7
Bangkok 26,351.9 831.7
SCB Life 24,582.4 775.8 LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 Ayudhya Allianz CP Life 18,057.4 569.9 (U.S. $ millions)
Krungthai-AXA 17,795.0 561.6 Direct premiums
Ocean 11,336.0 357.8 written ING 9,373.5 295.8 Nonlife premiums (1) $6,028 Southeast Life 6,706.6 211.7 Life premiums 9,218 Source: Axco Insurance Information Services. Total premiums $15,246 Percent of total world 0.33% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 96
Trinidad and Tobago
LEADING NONLIFE INSURANCE COMPANIES, 2010 INSURANCE ASSOCIATION
The Association of Trinidad and Tobago Insurance Gross written premiums Companies Web: www.attic.org.tt Company TTD Mn USD Mn
Guardian Life 300.0 47.1 Guardian General 241.9 37.9 POPULATION, 2008-2011 (1)
Sagicor 163.2 25.6 Year Population TATIL 148.6 23.3 COLFIRE 146.8 23.0 2008 1,229,953 Maritime 114.0 17.9 2009 1,229,953 Beacon 74.8 11.7 2010 1,227,505 ALGICO 70.5 11.1 2011 1,226,383 New India 47.6 7.5 (1) Estimated. Source: U.S. Central Intelligence Agency. Trinre 45.8 7.2 Source: Axco Insurance Information Services.
GROSS DOMESTIC PRODUCT, 2009-2012 (1) LEADING LIFE INSURANCE COMPANIES, 2010
Year GDP Gross written premiums 2009 $24.2 Company TTD Mn USD Mn 2010 28.7
Guardian Life 947.4 148.6 2011 27.1 Sagicor Life 388.3 60.9 2012 26.8 (1) Based on Purchasing Power Parity calculations, which take ALGICO 193.4 30.3 into account the relative cost of living and inflation rates of ScotiaLife 191.1 30.0 countries. GDP estimate for July for each year shown. Source: U.S. Central Intelligence Agency. Maritime Life 140.2 22.0 CUNA Caribbean 111.1 17.4
TATIL Life 95.3 14.9 LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 Beacon 20.4 3.2 (U.S. $ millions)
Source: Axco Insurance Information Services. Direct premiums
written
Nonlife premiums (1) $591 Life premiums 247 Total premiums $838 Percent of total world 0.02% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 97
Tunisia
LEADING NONLIFE INSURANCE COMPANIES, 2010 INSURANCE ASSOCIATION
Federation Tunisienne des Societes d'Assurance Gross written premiums Web: www.ftusanet.org
Company TND Mn USD Mn
STAR 204.3 142.7 POPULATION, 2008-2011 (1) COMAR 118.7 82.9 Maghrebia 86.1 60.2 Year Population
AMI 85.6 59.8 2008 10,486,339 GAT 83.8 58.6 2009 10,486,339 Astree 72.7 50.8 2010 10,629,186 CARTE 70.5 49.3 2011 10,732,900 MAE 60.0 41.9 (1) Estimated. BIAT 46.2 32.3 Source: U.S. Central Intelligence Agency.
Lloyd 45.3 31.7 Source: Axco Insurance Information Services. GROSS DOMESTIC PRODUCT, 2009-2012 (1)
LEADING LIFE INSURANCE COMPANIES, 2010 Year GDP Gross written premiums 2009 $83.4 2010 83.6 Company TND Mn USD Mn 2011 100.3 Maghrebia 26.7 18.6 2012 101.7 Hayett 20.6 14.4 (1) Based on Purchasing Power Parity calculations, which take into account the relative cost of living and inflation rates of CARTE 18.4 12.8 countries. GDP estimate for July for each year shown. Astree 18.0 12.6 Source: U.S. Central Intelligence Agency.
Salim 17.9 12.5 BIAT 14.1 9.8 LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 GAT 8.5 6.0 (U.S. $ millions) STAR 7.3 5.1 MAE 7.2 5.1 Direct premiums
written AMI 7.0 4.9 Source: Axco Insurance Information Services. Nonlife premiums (1) $694 Life premiums 119 Total premiums $812 Percent of total world 0.02% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 98
Turkey
LEADING NONLIFE INSURANCE COMPANIES, 2010 INSURANCE ASSOCIATION
Association of Insurance and Reinsurance Companies of Gross written premiums Turkey Web: www.tsrsb.org.tr Company TRY Mn USD Mn
AXA 1,511.5 1,005.7 Anadolu 1,355.2 901.8 POPULATION, 2008-2011 (1)
Allianz 966.3 643.0 Year Population Aksigorta 877.4 583.8 Yapi Kredi 727.8 484.3 2008 76,805,524 Gunes 724.4 482.0 2009 76,805,524 Groupama 691.2 459.9 2010 78,785,548 ERGO 673.2 448.0 2011 79,749,461 Eureko 610.2 406.1 (1) Estimated. Source: U.S. Central Intelligence Agency. MAPFRE GENEL SIGORTA 367.6 244.6 Source: Axco Insurance Information Services.
GROSS DOMESTIC PRODUCT, 2009-2012 (1) LEADING LIFE INSURANCE COMPANIES, 2010
Year GDP Gross written premiums 2009 $930.9 Company TRY Mn USD Mn 2010 859.8
Ziraat Hayat ve Emeklilik 601.8 400.4 2011 958.3 Anadolu Hayat Emeklilik 357.6 238.0 2012 1,053.0 (1) Based on Purchasing Power Parity calculations, which take Garanti Emeklilik 234.2 155.8 into account the relative cost of living and inflation rates of Mapfre Genel Yasam 157.6 104.9 countries. GDP estimate for July for each year shown. Source: U.S. Central Intelligence Agency. AvivaSA 155.3 103.3 Halk Hayat ve Emeklilik 141.3 94.1
Acýbadem Saglýk ve Hayat 126.7 84.3 LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 Yapý Kredi Emeklilik 110.0 73.2 (U.S. $ millions)
Vakýf Emeklilik 93.0 61.9 Direct premiums Finans Emeklilik ve Hayat 85.5 56.9 written Source: Axco Insurance Information Services. Nonlife premiums (1) $8,473 Life premiums 1,579 Total premiums $10,051 Percent of total world 0.22% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 99
Ukraine
LEADING NONLIFE INSURANCE COMPANIES, 2010 INSURANCE ASSOCIATION
League of Insurance Organisations of Ukraine Gross written Web: uainsur.com premiums
Company UAH Mn USD Mn POPULATION, 2008-2011 (1) Flint 1,265.4 159.5 Axa 722.0 91.0 Year Population Oranta 643.9 81.1 2008 45,700,395 Uniqa 528.3 66.6 2009 45,700,395 Providna 454.3 57.3 2010 45,134,707 Ingo Ukraine 437.2 55.1 2011 44,854,065 Ukrainian Fire Insurance 432.9 54.6 Company (1) Estimated. Source: U.S. Central Intelligence Agency. Ukrainian Insurance Group 407.7 51.4 Lemma 389.0 49.0
Dneproinmed 377.3 47.5 GROSS DOMESTIC PRODUCT, 2009-2012 (1) Source: Axco Insurance Information Services.
Year GDP LEADING LIFE INSURANCE COMPANIES, 2010 2009 $359.9
2010 294.3 Gross written
premiums 2011 306.3 2012 327.4 Company UAH Mn USD Mn (1) Based on Purchasing Power Parity calculations, which take into account the relative cost of living and inflation rates of Alco Ukraine 197.5 24.9 countries. GDP estimate for July for each year shown. Source: U.S. Central Intelligence Agency. Grawe Ukraine Life 149.0 18.8 Insurance
Tas 128.2 16.2 LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 Renaissance Life 115.9 14.6 (U.S. $ millions) Uniqa Life 51.0 6.4 Rom Ukraine Life Insurance 51.0 6.4 Direct premiums
Fortis Life Insurance Ukraine 31.2 3.9 written
Lemma-Vite 20.9 2.6 Nonlife premiums (1) $2,916 Garant-Life 19.6 2.5 Life premiums 168 Kd Life 18.9 2.4 Total premiums $3,084 Source: Axco Insurance Information Services. Percent of total world 0.07% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 100
United Arab Emirates (UAE)
LEADING NONLIFE INSURANCE COMPANIES, 2007 INSURANCE ASSOCIATION
Emirates Insurance Association Gross written premiums Web: www.eia.ae
Company AED Mn USD Mn
Oman Insurance Company 1,514.3 412.3 POPULATION, 2008-2011 (1) Abu Dhabi National 1,157.7 315.2 Daman - National Health 954.9 260.0 Year Population
Islamic Arab (Salama) 933.9 254.3 2008 4,798,491 Arab Orient 765.1 208.3 2009 4,798,491 Al Ain Ahlia 635.5 173.1 2010 5,148,664 Al Buhaira National 523.8 142.6 2011 5,314,317 Emirates 477.4 130.0 (1) Estimated. Al Sagr National 436.6 118.9 Source: U.S. Central Intelligence Agency.
Dubai National 344.5 93.8 Source: Axco Insurance Information Services. GROSS DOMESTIC PRODUCT, 2009-2012 (1)
Year GDP
2009 $186.8 2010 200.4 2011 199.8 2012 260.8 (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, 2011 (U.S. $ millions)
Direct premiums
written
Nonlife premiums (1) $5,415 Life premiums 1,226 Total premiums $6,641 Percent of total world 0.14% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 101
United Kingdom
LEADING NONLIFE INSURANCE COMPANIES, 2010 INSURANCE ASSOCIATION
Association of British Insurers Gross written premiums Web: www.abi.org.uk
Company GBP Mn USD Mn
RBS Group 4,537.0 7,014.7 POPULATION, 2008-2011 (1) Aviva 4,460.0 6,895.7 AXA 3,035.0 4,692.5 Year Population
Zurich Financial Services 2,811.0 4,346.1 2008 61,113,205 RSA Insurance Group 3,014.0 4,660.0 2009 61,113,205 Munich Re 2,000.0 3,092.2 2010 62,698,362 BUPA 1,638.0 2,532.5 2011 63,047,162 AIG 1,916.0 2,962.4 (1) Estimated. Source: Axco Insurance Information Services. Source: U.S. Central Intelligence Agency.
LEADING LIFE INSURANCE COMPANIES, 2010 GROSS DOMESTIC PRODUCT, 2009-2012 (1)
Gross written premiums Year GDP
Company GBP Mn USD Mn 2009 $2,281.0 Aviva 9,104.0 14,075.8 2010 2,165.0 Standard Life 8,962.0 13,856.3 2011 2,189.0 Lloyds Banking Group 8,053.0 12,450.9 2012 2,250.0 AEGON 6,732.0 10,408.4 (1) Based on Purchasing Power Parity calculations, which take into account the relative cost of living and inflation rates of Prudential 6,239.0 9,646.2 countries. GDP estimate for July for each year shown. Resolution 5,085.0 7,862.0 Source: U.S. Central Intelligence Agency.
Legal & General 4,253.0 6,575.6 Zurich Financial Services 3,970.0 6,138.1 LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 Old Mutual 3,397.0 5,252.2 (U.S. $ millions) Royal London Mutual 2,887.0 4,463.6 Source: Axco Insurance Information Services. Direct premiums
written
Nonlife premiums (1) $109,486 Life premiums 210,067 Total premiums $319,553 Percent of total world 6.95% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 102
United States
LEADING PROPERTY/CASUALTY INSURANCE INSURANCE ASSOCIATION COMPANIES, 2010 Insurance Information Institute Web: www.iii.org Direct premiums
written
Company USD Mn POPULATION, 2008-2011 (1)
State Farm Mutual Automobile 52,378 Insurance Year Population
Zurich Financial Services Ltd. 27,442 2008 307,212,123 Allstate Corp. 25,863 2009 307,212,123 American International Group 25,569 2010 313,232,044 Liberty Mutual Holding Co. 25,318 2011 313,847,465 Travelers Cos. 21,541 (1) Estimated. Berkshire Hathaway Inc. 16,560 Source: U.S. Central Intelligence Agency.
Nationwide Mutual Group 14,876 Progressive Corp. 14,700 GROSS DOMESTIC PRODUCT, 2009-2012 (1) USAA Insurance Group 11,236 Source: SNL Financial LC. Year GDP LEADING LIFE INSURANCE COMPANIES, 2010 2009 $14,580.0
2010 14,260.0 Direct written
premiums (1) 2011 14,720.0 2012 15,040.0 Company USD Mn (1) Based on Purchasing Power Parity calculations, which take into account the relative cost of living and inflation rates of MetLife Inc. 100,537.6 countries. GDP estimate for July for each year shown. Source: U.S. Central Intelligence Agency. Prudential Financial Inc. 46,600.8
New York Life Insurance Group 25,491.0
Manulife Financial Corp. 21,925.8 LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 Lincoln National Corp. 19,449.4 (U.S. $ millions) ING Group N.V. 18,222.1 Direct premiums Jackson National Life Group 18,206.8 written AEGON NV 17,052.5 American International Group 16,631.0 Nonlife premiums (1) $667,107 Principal Financial Group Inc. 13,804.2 Life premiums 537,570 (1) Includes life insurance, annuity considerations, deposit-type Total premiums $1,204,677 contract funds, other considerations; excludes accident and Percent of total world health insurance from life/health insurers. Before reinsurance 26.21% transactions. premiums Source: SNL Financial LC. (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 103
Uruguay
LEADING NONLIFE INSURANCE COMPANIES, 2010 INSURANCE ASSOCIATION
Uruguayan Association of Insurance Companies Gross written Asociacion Uruguaya de Empresas Aseguradoras) premiums Web: www.bnamericas.com
Company UYU Mn USD Mn POPULATION, 2008-2011 (1) Banco de Seguros del Estado 7,257.0 361.8 Royal & SunAlliance 1,095.4 54.6 Year Population Porto Seguro 747.9 37.3 2008 NA MAPFRE 656.5 32.7 2009 3,494,382 Sancor Seguros SA 421.8 21.0 2010 3,308,535 Chartis 316.8 15.8 2011 3,316,328 L'Union de Paris 175.6 8.8 (1) Estimated. Cooperative de Seguros 163.9 8.2 NA=Data not available. Surco Source: U.S. Central Intelligence Agency.
FAR 131.3 6.6
Berkley international seguros GROSS DOMESTIC PRODUCT, 2009-2012 (1) 71.7 3.6 SA Source: Axco Insurance Information Services. Year GDP
2009 NA LEADING LIFE INSURANCE COMPANIES, 2010 2010 $44.1 2011 48.4 Gross written
premiums 2012 52.0 (1) Based on Purchasing Power Parity calculations, which take Company UYU Mn USD Mn into account the relative cost of living and inflation rates of countries. GDP estimate for July for each year shown. Banco de Seguros del Estado 2,290.6 114.2 NA=Data not available. Source: U.S. Central Intelligence Agency. MAPFRE 480.9 24.0 Alico Compania de Vida S.A. 393.9 19.6 de Seguros LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 (U.S. $ millions) Surco Seguros 136.4 6.8 Metropolitan Life Seguros de 89.0 4.4 Direct premiums Vida S.A. written Sancor Seguros S.A. 35.2 1.8 Nonlife premiums (1) $660 Royal & SunAlliance 27.0 1.4 Life premiums 206 Santander Seguros S.A. 18.7 0.9 Total premiums $867 L'UNION de Paris 0.2 0.0 Percent of total world Source: Axco Insurance Information Services. 0.02% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 104
Venezuela
LEADING NONLIFE INSURANCE COMPANIES, 2009 INSURANCE ASSOCIATION
Insurance Association Gross written premiums Camara de Aseguradores de Venezuela Web: www.camaraseg.org Company VEF Mn USD Mn
Caracas de Liberty Mutual 2,496.6 1,162.8 Mercantil Seguros 1,560.0 726.6 POPULATION, 2008-2011 (1)
MAPFRE La Seguridad 1,256.6 585.3 Year Population Multinacional 696.6 324.5 Zurich 662.4 308.5 2008 26,814,843 Occidental 599.7 279.3 2009 26,814,843 Nuevo Mundo 469.7 218.8 2010 27,635,743 Catatumbo 460.7 214.6 2011 28,047,938 Carabobo 412.3 192.0 (1) Estimated. Source: U.S. Central Intelligence Agency. Estar 409.7 190.8 Source: Axco Insurance Information Services.
GROSS DOMESTIC PRODUCT, 2009-2012 (1) LEADING LIFE INSURANCE COMPANIES, 2010
Year GDP Gross written premiums 2009 $368.6 Company VEF Mn USD Mn 2010 355.2
Horizonte 2,216.2 858.3 2011 344.2 Previsora 1,744.1 675.5 2012 368.8 (1) Based on Purchasing Power Parity calculations, which take Caracas de Liberty Mutual 1,743.5 675.3 into account the relative cost of living and inflation rates of Mercantil 1,726.8 668.8 countries. GDP estimate for July for each year shown. Source: U.S. Central Intelligence Agency. MAPFRE La Seguridad 1,675.5 648.9 Occidental 1,194.7 462.7
Banesco 1,081.5 418.9 LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 Constitucion 1,060.6 410.8 (U.S. $ millions)
Multinacional 917.6 355.4 Direct premiums Qualitas 896.0 347.0 written Source: Axco Insurance Information Services. Nonlife premiums (1) $10,370 Life premiums 433 Total premiums $10,803 Percent of total world 0.24% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 105
Vietnam
LEADING NONLIFE INSURANCE COMPANIES, 2010 INSURANCE ASSOCIATION
Gross written premiums Vietnam Insurance Association Web: www.avi.org.vn Company VND Mn USD Mn
Bao Viet 4,198,151.0 225.6 PVInsurance 3,512,187.0 188.7 POPULATION, 2008-2011 (1)
Bao Minh 1,941,594.0 104.3 Year Population PJICO 1,592,047.0 85.5 PTI 678,853.0 36.5 2008 86,967,524 BIC 507,919.0 27.3 2009 88,576,758 HANG KHONG 482,342.0 25.9 2010 90,549,390 MIC 414,906.0 22.3 2011 91,519,289 BAO NONG 388,027.0 20.9 (1) Estimated. Source: U.S. Central Intelligence Agency. Cong ty AAA 381,597.0 20.5 Source: Axco Insurance Information Services.
GROSS DOMESTIC PRODUCT, 2009-2012 (1) LEADING LIFE INSURANCE COMPANIES, 2010
Year GDP Gross written premiums 2009 $246.6 Company VND Mn USD Mn 2010 258.2
Prudential 5,338,979.0 286.8 2011 278.1 Bao Viet Life 3,050,729.0 163.9 2012 299.2 (1) Based on Purchasing Power Parity calculations, which take Manulife 1,450,253.0 77.9 into account the relative cost of living and inflation rates of AIA 886,701.0 47.6 countries. GDP estimate for July for each year shown. Source: U.S. Central Intelligence Agency. Dai-ichi Life 867,588.0 46.6 ACE Life 711,917.0 38.3
Cathay Life 91,044.0 4.9 LIFE AND NONLIFE INSURANCE PREMIUMS, 2011 Korea Life 83,468.0 4.5 (U.S. $ millions)
Prevoir 33,618.0 1.8 Direct premiums Great Eastern 11,807.0 0.6 written Source: Axco Insurance Information Services. Nonlife premiums (1) $1,027 Life premiums 818 Total premiums $1,845 Percent of total world 0.04% premiums (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2012.
2013 International Insurance Fact Book updates at www.iii.org/international/ 106
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.
ASSOCIATION OF SUPERINTENDENTS OF INSURANCE OF LATIN AMERICA • c/o Superintendencia de Valores y Seguros Chile, Av. Libertador Bernardo O'Higgins 1449, Piso 11, 8, Santiago, 834-0518. Tel. (56) 2-473-4510. Fax. (56) 2-473-4101. www.assalweb.org — International body that brings together the highest regulatory authorities in the Latin American insurance field.
AXCO INSURANCE INFORMATION SERVICES • 10 Old Broad Street, London, EC2N 1DW. 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.
COMITÉ EUROPÉEN DES ASSURANCES • Rue Montoyer 51, Brussels, B-1000. Tel. (32) 28943000. Fax. (32) 28943001. www.cea.eu — European insurance and reinsurance federation.
GENEVA ASSOCIATION • 53 Route de Malagnou, Geneva, CH-1208. Tel. (41) 22-707-66-00. Fax. (41) 22-736-75. www.genevaassociation.org/ — World organization formed by 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.
INSTITUTE FOR GLOBAL INSURANCE EDUCATION • c/o American Institute for CPCU, Insurance Institute of America, 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 SERVICES NETWORK • 20 East Laurel Avenue, P.O. Box 455, Lake Forest, IL 60045. Tel. 312-287-6021. Fax. 847-295-2608. www.isn-inc.com — Independent insurance information company offering international industry news and analyses of the regulatory climate in dozens of countries. Publishes Insurance Research Letter.
INTERNATIONAL ASSOCIATION OF INSURANCE SUPERVISORS • c/o Bank For International Settlements, CH-4002, Basel, 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 FEDERATION OF RISK AND INSURANCE MANAGEMENT ASSOCIATIONS, INC. • c/o RIMS, 1065 Avenue of the Americas, New York, NY 10018. Tel. 212-286-9292. Fax. 212-655-5931. www.ifrima.org/ — Worldwide umbrella organization dedicated to the advancement of risk management and its practice through education and interaction.
2013 International Insurance Fact Book updates at www.iii.org/international/ 107
INTERNATIONAL INSURANCE SOCIETY, INC. • 101 Murray Street, New York, NY 10007. Tel. 212-815-9291. Fax. 212-815-9297. 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. 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 • U.S. Department of Commerce, 1401 Constitution Avenue NW, Washington, DC 20230. Tel. 202-482-3809. Fax. 202-482-5819. 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 • c/o ADA asbl. 2, Rue Sainte Zithe, Luxembourg, L-2763. Tel. (35) 2-45686825. Fax. (35) 2-456868. www.microinsurancenetwork.org — A network of actors involved in microinsurance, including donor organizations, multilateral agencies, insurance and social protection providers, policymakers and academics.
ORGANISATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENT (OECD) • 2, rue André Pascal, 75775 Paris Cedex 16, 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.
ORGANISATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENT (OECD), WASHINGTON CENTER • 2001 L Street, NW, Suite 650, Washington, DC 20036-4922. Tel. 202-785-6323. Fax. 202-785-0350. www.oecdwash.org — Markets the publications of the OECD in the United States and serves as an information center for the U.S. market. The Center is engaged in public outreach activities and acts as a liaison office to the U.S. legislative and executive branches.
OVERSEAS PRIVATE INVESTMENT CORPORATION • 1100 New York Avenue, NW, Washington, DC 20527. 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.
SIGMA • c/o Swiss Re, Mythenquai 50/60, PO Box 8022, Zurich, Tel. (41) 43-285-2121. Fax. (41) 43-285-3294. 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.
2013 International Insurance Fact Book updates at www.iii.org/international/ 108
THE INTERNATIONAL COOPERATIVE AND MUTUAL INSURANCE FEDERATION • Denzell House, Dunham Road, Bowdon, Cheshire, WA14 4QE. Tel. (44) 161-929-5090. Fax. (44) 161-929-5163. www.icmif.org/ — Long established organization representing cooperative and mutual insurers from around the world.
TOPICS • c/o Munich Re, Königinstr. 107, Munich, 80802. 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/cia/publications/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 250 countries and other entities.
2013 International Insurance Fact Book updates at www.iii.org/international/ 109
Insurance Information Institute 110 William Street New York, NY 10038 Tel. 212-346-5500. Fax. 212-732-1916. www.iii.org
President – Robert P. Hartwig, Ph.D., CPCU – [email protected] Executive Vice President – Cary Schneider – [email protected] SeniorVice President – Digital Communications – Andréa C. Basora – [email protected] Senior Vice President – Public Affairs – Jeanne Salvatore – [email protected] Senior Vice President and Chief Economist – Steven N. Weisbart, Ph.D., CLU – [email protected]
PUBLICATIONS
Vice President – Publications and Information Services – Madine Singer – [email protected] Managing Editor – Neil Liebman – [email protected] Research and Production – Mary-Anne Firneno – [email protected] Director – Technology and Web Production – Shorna Lewis – [email protected] Production Assistant – Katja Charlene Lewis – [email protected] Information Specialist – Alba Rosario – [email protected] Special Consultant – Ruth Gastel, CPCU – [email protected] Orders – Daphne Gerardi – [email protected]
MEDIA
New York: 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] Web/Media Producer – Justin Shaddix – [email protected] Administrative Assistant – Rita El-Hakim – [email protected] Administrative Assistant – Lilia Giordanao – [email protected]
West Coast: Insurance Information Network of California: Executive Director – Candysse Miller – [email protected] Tel. 213-624-4462. Fax. 213-624-4432.
Northern California: Communications Specialist – Tully Lehman – [email protected] Tel. 925-300-9570. Fax. 925-906-9321.
REPRESENTATIVES
Davis Communications – William J. Davis, Atlanta – [email protected] Tel. 770-321-5150. Fax. 770-321-5150. Hispanic Press Officer – Elianne González, Miami – [email protected] Tel. 954-389-9517. Florida Representative – Lynne McChristian, Tampa – [email protected] Tel. 813-480-6446. Fax. 813-915-3463.
2013 International Insurance Fact Book updates at www.iii.org/international/ 110