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Home >> Insurance in World >> World's Leading Insurance Countries, 2004

World's Leading Insurance Countries, 2004

(Direct premiums written, U.S. $ millions)

Rank Country Non-Life Premiums (1) Life Premiums Amount Percentage of World Total Premiums
1 United States (2) $603,018 $494,818 $1,097,836 33.84%
2 Japan (3) 105,587 386,839 492,425 15.18
3 United Kingdom 105,241 189,591 294,831 9.09
4 France 65,811 128,813 194,624 6
5 Germany 106,261 84,535 190,797 5.88
6 Italy 46,728 82,083 128,811 3.97
7 Canada(4) 40,232 29,509 69,741 2.15
8 South Korea (3) 19,944 48,680 68,623 2.12
9 Netherlands (5) 27,064 31,512 58,577 1.81
10 Spain 32,311 23,592 55,903 1.72


  1. Includes accident and health insurance
  2. Nonlife premiums include state funds; life premiums include an estimate of group pension business
  3. April 1, 2003 - March 31, 2004
  4. Life business expressed in net premiums.
  5. Nonlife premiums are gross premiums including a small amount of reinsurance premiums.
Source: Swiss Re, sigma, No. 2/2005.