Date of publication
Insurance sector shows diverging trends in premiums worldwide
30/06/2017 - Preliminary statistics for 2016 in show diverging trends in terms of premiums collected by insurance companies across countries. In just over half of the 40 reporting countries, insurance companies experienced an increase in direct gross premiums written in real terms, irrespective of whether they engage in life or nonlife insurance activities.
Global Insurance Market Trends
3/2/2017 - The insurance industry is a major component of the economy by virtue of the amount of premiums it collects, the scale of its investment and, more fundamentally, the essential social and economic role it plays by covering personal and business risks.
Since the early 1980s, the OECD has collected and analysed data on insurance in OECD countries such as the number of insurance companies and employees, insurance premiums and investments by insurance companies. The launch of the Global Insurance Statistics project in 2008 extended the global reach of the database and expanded the insurance framework to include the collection of key balance sheet and income statement items for the direct insurance and reinsurance sectors.
Published as a complement to the insurance statistics database, the analysis in Global Insurance Market Trends serves to monitor the insurance industry’s overall performance and health. Over time, this report will be extended to cover additional countries and other aspects of insurance and reinsurance.
See alsoOECD insurance statistics publication