Insurance Penetration
This key economic indicator for the Insurance sector has been recently updated.
- In 2019, Insurance Penetration in Taiwan grew 0.7points compared to the previous year.
- Since 2014 Taiwan Insurance Penetration grew 1.2points year on year close to 20.1 Percent.
- In 2019 South Korea was number 3 in Insurance Penetration.
Top Countries in Insurance Penetration
| # | 19 Countries | Percent | Last | YoY | 5‑years CAGR | |
|---|---|---|---|---|---|---|
| 1 |
#1
Taiwan
|
20.10 % | 2019 | +0.7 % | +1.2 % | View data |
| 2 |
#2
South Africa
|
14.27 % | 2016 | -2.9 % | -2.5 % | View data |
| 3 |
#3
South Korea
|
11.84 % | 2019 | +0.0 % | +0.9 % | View data |
| 4 |
#4
United Kingdom
|
9.85 % | 2019 | -1.0 % | -1.5 % | View data |
| 5 |
#5
Japan
|
9.47 % | 2019 | -1.5 % | -2.6 % | View data |
| 6 |
#6
France
|
9.32 % | 2019 | +0.2 % | +0.5 % | View data |
| 7 |
#7
Switzerland
|
8.78 % | 2019 | -0.7 % | -0.9 % | View data |
| 8 |
#8
Singapore
|
7.45 % | 2019 | +1.2 % | +2.1 % | View data |
| 9 |
#9
United States
|
7.08 % | 2019 | -1.0 % | -0.6 % | View data |
| 10 |
#10
Australia
|
6.49 % | 2019 | +0.9 % | +1.6 % | View data |
| 11 |
#11
Germany
|
5.98 % | 2019 | -0.8 % | -1.6 % | View data |
| 12 |
#12
Thailand
|
5.57 % | 2019 | +0.5 % | -0.8 % | View data |
| 13 |
#13
Malaysia
|
4.86 % | 2019 | +0.2 % | +0.3 % | View data |
| 14 |
#14
China
|
4.23 % | 2019 | +2.2 % | +5.7 % | View data |
| 15 |
#15
Brazil
|
4.08 % | 2019 | +0.7 % | +0.9 % | View data |
| 16 |
#16
India
|
3.32 % | 2019 | -1.2 % | +0.1 % | View data |
| 17 |
#17
Russia
|
1.41 % | 2019 | +0.7 % | +0.1 % | View data |
| 18 |
#18
Sri Lanka
|
1.12 % | 2019 | -0.9 % | +0.4 % | View data |
| 19 |
#19
Pakistan
|
0.91 % | 2019 | +2.3 % | +2.6 % | View data |
Source: India Insurance Regulatory and Development Authority