In 2023, nearly ** percent of life and non-life premiums worldwide were written in the United States, which was approximately **** times greater than the market share held by China. Since 2010, the value of insurance premiums written in the U.S. has exceeded ****trillion U.S. dollars annually.
Before reinsurance transactions. Non-life insurance premiums include accident and health insurance.
Supplementary notes
United States: Nonlife premiums include private medical insurance and state funds; life premiums include an estimate of group pension business; Life premiums are estimated. Japan: Estimated or provisional; April 1, 2023 – March 31, 2024. United Kingdom: Estimated or provisional. France: Estimated or provisional. Germany: Estimated or provisional. Italy: Estimated or provisional. South Korea: Estimated or provisional; April 1, 2023 – March 31, 2024. Canada: Estimated or provisional; Life premiums are net premiums.
India: Estimated or provisional; April 1, 2023 – March 31, 2024.
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Insurance Information Institute. (February 18, 2025). Market share of leading life and non-life direct premium writing territories globally in 2023 [Graph]. In Statista. Retrieved July 15, 2025, from https://www.statista.com/statistics/217269/leading-countries-by-percent-of-total-world-life-and-nonlife-premiums-written/
Insurance Information Institute. "Market share of leading life and non-life direct premium writing territories globally in 2023." Chart. February 18, 2025. Statista. Accessed July 15, 2025. https://www.statista.com/statistics/217269/leading-countries-by-percent-of-total-world-life-and-nonlife-premiums-written/
Insurance Information Institute. (2025). Market share of leading life and non-life direct premium writing territories globally in 2023. Statista. Statista Inc.. Accessed: July 15, 2025. https://www.statista.com/statistics/217269/leading-countries-by-percent-of-total-world-life-and-nonlife-premiums-written/
Insurance Information Institute. "Market Share of Leading Life and Non-life Direct Premium Writing Territories Globally in 2023." Statista, Statista Inc., 18 Feb 2025, https://www.statista.com/statistics/217269/leading-countries-by-percent-of-total-world-life-and-nonlife-premiums-written/
Insurance Information Institute, Market share of leading life and non-life direct premium writing territories globally in 2023 Statista, https://www.statista.com/statistics/217269/leading-countries-by-percent-of-total-world-life-and-nonlife-premiums-written/ (last visited July 15, 2025)
Market share of leading life and non-life direct premium writing territories globally in 2023 [Graph], Insurance Information Institute, February 18, 2025. [Online]. Available: https://www.statista.com/statistics/217269/leading-countries-by-percent-of-total-world-life-and-nonlife-premiums-written/
