Graph and download economic data for Producer Price Index by Industry: Direct Property and Casualty Insurers: Private Passenger Auto Insurance (PCU5241265241261) from Jun 1998 to May 2025 about property-casualty, passenger, insurance, vehicles, private, PPI, industry, inflation, price index, indexes, price, and USA.

The value of assets of insurance companies worldwide increased year-on-year from 2002 to 2021, except in 2008 and 2022 when a slight decrease was observed. In 2022, the assets of insurance companies globally amounted to approximately 35.7 trillion U.S. dollars - a decrease of almost five trillion U.S. dollars from the previous year. Overall, the value of assets of global insurance companies has grown by around 20 trillion U.S. dollars since 2002.

Insurance Statistic: Gross Claim: Life & Non Life Insurance data was reported at 229.310 IDR tn in 2023. This records a decrease from the previous number of 232.830 IDR tn for 2022. Insurance Statistic: Gross Claim: Life & Non Life Insurance data is updated yearly, averaging 123.215 IDR tn from Dec 2008 (Median) to 2023, with 16 observations. The data reached an all-time high of 232.830 IDR tn in 2022 and a record low of 41.268 IDR tn in 2008. Insurance Statistic: Gross Claim: Life & Non Life Insurance data remains active status in CEIC and is reported by Indonesia Financial Services Authority. The data is categorized under Indonesia Premium Database’s Insurance Sector – Table ID.RGA004: Insurance Statistics: Market Share.

Graph and download economic data for Producer Price Index by Industry: Premiums for Property and Casualty Insurance: Premiums for Homeowner's Insurance (PCU9241269241262) from Jun 1998 to May 2025 about property-casualty, premium, insurance, housing, PPI, industry, inflation, price index, indexes, price, and USA.

The Life Insurance Institution-level Statistics publication contains individual insurer level information about financial performance, position, and capital base and solvency data.

In 2023, the Health Insurance Market reached a value of USD 2,476 billion, and it is projected to surge to USD 3,974 billion by 2030.

The Asia-Pacific Life and Non-Life Insurance Market is Segmented by Insurance Type (Life Insurance, Non-Life Insurance), Distribution Channel (Agency Force, Bancassurance, Brokers & IFAs, and More), Customer Segment (Retail / Mass Market, High-Net-Worth & Affluent, and More), and Region. The Market Forecasts are Provided in Value (USD).

Business Analyst Report

It is forecast that the global insurance market will grow by about ************ U.S. dollars between 2024 and 2029, reaching almost ** trillion U.S. dollars. How have gross premiums written evolved? Gross premiums written signify the total premiums collected by an insurer before deducting reinsurance and other related expenses. Between 2000 and 2020, the value of gross premiums written worldwide had more than doubled. The value of premiums written hit its peak in 2017, at approximately **** billion U.S. dollars, after which it continued to decline for the following years until 2019. However, in 2020, this figure grew by nearly **** percent as compared to the previous year. Which companies dominate the insurance market? In 2022, the leading global insurance companies by revenue were Berkshire Hathaway, Ping An Insurance and China Life Insurance. Considering the market capitalization of the largest insurance companies, Allianz occupied the first position with a valuation of nearly *** billion U.S. dollars. These industry titans, along with others such as AXA, AIA, MetLife, Chubb, etc., collectively shape the global insurance narrative through their extensive reach, diverse offerings, and significant market influence.

The Quarterly Life Insurance Performance Statistics publication provides industry aggregate summaries of financial performance, financial position, solvency, capital adequacy and management capital, as well as details of the performance of individual product groups.

Between 2020 and 2022, the value of gross premiums written in all 38 OECD member countries grew by almost *** billion U.S. dollars. In 2022, this figure reached approximately *** trillion U.S. dollars, up from *** trillion U.S. dollars two years earlier. OECD member countries held the lion's share of the global insurance market over the past two decades. Which companies are the global leaders? The value of gross premiums generated by the insurance industry worldwide increased from **** trillion U.S. dollars in 2000 to *** trillion U.S. dollars in 2022. The whole insurance industry is divided into two broad categories – life insurance and non-life insurance (in the United States and Canada called property and casualty insurance). The leading global insurance companies in 2022 in terms of revenue were Berkshire Hathaway, Ping An Insurance, and China Life Insurance. Which country leads the global insurance market? The leading direct premium writing country worldwide was the United States, in terms of the value of written premiums. The non-life insurance sector was larger than the life sector in the United States. The value of both life and non-life insurance premiums in the United States accounted for approximately ** percent of the global market share in 2022. China was ranked second with **** percent of the global market share.

Introduction

Critical Illness Insurance Statistics: Critical illness insurance is a form of coverage that provides a one-time payout when the policyholder is diagnosed with specific severe medical conditions like cancer, heart attack, or stroke.

Unlike regular health insurance which covers medical expenses, critical illness insurance offers financial support for non-medical costs related to the illness. Such as lost income or additional expenses not covered by standard insurance.

The lump-sum payment is given upon the diagnosis of a covered critical illness, offering flexibility in how the funds are used.

This type of insurance aims to ease financial burdens during a challenging period, allowing individuals to focus on recovery without the added stress of economic consequences.

It's essential to carefully review policy details, as coverage can vary in terms of conditions covered, exclusions, and other specifics.

Introduction

Pet Insurance Statistics: Pet insurance is a type of insurance coverage designed to help pet owners manage the costs associated with veterinary care for their pets.

It provides financial protection in case of unexpected accidents, illnesses, or injuries to pets. Just like health insurance for humans, pet insurance policies come with various coverage options, deductibles, and premium rates.

United States - Producer Price Index by Industry: Premiums for Property and Casualty Insurance: Premiums for Homeowner's Insurance was 261.94700 Index Jun 1998=100 in March of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Premiums for Property and Casualty Insurance: Premiums for Homeowner's Insurance reached a record high of 261.94700 in March of 2025 and a record low of 100.00000 in June of 1998. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Industry: Premiums for Property and Casualty Insurance: Premiums for Homeowner's Insurance - last updated from the United States Federal Reserve on May of 2025.

Insurance Statistics: No of Registered Insurers: Mandatory Insurance data was reported at 2.000 Unit in 2023. This records a decrease from the previous number of 3.000 Unit for 2022. Insurance Statistics: No of Registered Insurers: Mandatory Insurance data is updated yearly, averaging 3.000 Unit from Dec 2003 (Median) to 2023, with 21 observations. The data reached an all-time high of 3.000 Unit in 2022 and a record low of 2.000 Unit in 2023. Insurance Statistics: No of Registered Insurers: Mandatory Insurance data remains active status in CEIC and is reported by Indonesia Financial Services Authority. The data is categorized under Indonesia Premium Database’s Insurance Sector – Table ID.RGA001: Insurance Statistics: Key Indicators.

Insurance Statistic: Gross Claim: Sharia Non Life Insurance & Reinsurance data was reported at 2.300 IDR tn in 2023. This records a decrease from the previous number of 2.310 IDR tn for 2022. Insurance Statistic: Gross Claim: Sharia Non Life Insurance & Reinsurance data is updated yearly, averaging 1.070 IDR tn from Dec 2008 (Median) to 2023, with 16 observations. The data reached an all-time high of 2.310 IDR tn in 2022 and a record low of 0.180 IDR tn in 2008. Insurance Statistic: Gross Claim: Sharia Non Life Insurance & Reinsurance data remains active status in CEIC and is reported by Indonesia Financial Services Authority. The data is categorized under Indonesia Premium Database’s Insurance Sector – Table ID.RGA004: Insurance Statistics: Market Share.

Net Written Premiums: General data was reported at 4,141,459.459 SAR th in Sep 2023. This records an increase from the previous number of 3,427,945.962 SAR th for Jun 2023. Net Written Premiums: General data is updated quarterly, averaging 2,083,705.900 SAR th from Mar 2010 (Median) to Sep 2023, with 55 observations. The data reached an all-time high of 4,537,323.330 SAR th in Mar 2017 and a record low of 724,784.231 SAR th in Dec 2010. Net Written Premiums: General data remains active status in CEIC and is reported by Saudi Central Bank. The data is categorized under Global Database’s Saudi Arabia – Table SA.Z020: Insurance Statistics. [COVID-19-IMPACT]

In 2023, insurance penetration was highest in the South Africa where the value of insurance premiums accounted for almost ** percent of GDP. Insurance penetration is used as an indicator of insurance sector development within a country and is calculated as the ratio of total insurance premiums to gross domestic product in a given year. In 2023, the insurance penetration in United States equaled **** percent of its GDP. Thus, the value of insurance premiums written in United States in that year equaled more than one **th of its GDP. Auto insurance leads the U.S. P&C marketIn 2023, private passenger auto insurance held the largest share of net premiums written by property and casualty insurance companies in the United States. Additionally, commercial auto insurance also accounted for a significant portion of net premiums. Combined, these two insurance lines made up about ** percent of the property and casualty insurance market.United States' life insurance market Households often rely on life insurance to ensure financial stability for dependents and to cover obligations like debts, mortgages, and education costs. The number of life insurance companies in the United States has remained steady over the past five years. The United States' population has been gradually climbing during this time, which means that the number of potential insurance customers has also been increasing.

Graph and download economic data for Producer Price Index by Industry: Premiums for Property and Casualty Insurance: Premiums for Commercial Auto Insurance (PCU9241269241263) from Jun 1998 to Apr 2025 about property-casualty, premium, insurance, vehicles, commercial, PPI, industry, inflation, price index, indexes, price, and USA.

Mandatory Insurance: Annual Benefit data was reported at 15,811.524 IDR bn in 2023. This records a decrease from the previous number of 18,741.891 IDR bn for 2022. Mandatory Insurance: Annual Benefit data is updated yearly, averaging 14,354.371 IDR bn from Dec 2014 (Median) to 2023, with 10 observations. The data reached an all-time high of 18,741.891 IDR bn in 2022 and a record low of 6,699.245 IDR bn in 2015. Mandatory Insurance: Annual Benefit data remains active status in CEIC and is reported by Indonesia Financial Services Authority. The data is categorized under Indonesia Premium Database’s Insurance Sector – Table ID.RGA001: Insurance Statistics: Key Indicators.