GLOBAL INSURANCE MARKETS SELECTED DATA

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1 GLOBAL INSURANCE MARKETS SELECTED DATA Allianz Research Munich / November 218 Copyright Allianz SE

2 CONTENT 1 GLOBAL PREMIUM INCOME BY REGION 5 DEVELOPMENT OF P&C MARKETS 2 DEVELOPMENT OF LIFE INSURANCE MARKETS 6 SIZE OF P&C MARKETS 3 SIZE OF LIFE INSURANCE MARKETS 7 P&C DENSITY AND PENETRATION 4 LIFE INSURANCE DENSITY AND PENETRATION 2

3 63 1,21 1,373 2,287 SHARE OF GLOBAL PREMIUM INCOME BY REGION, 217 Life Insurance CAGR: 3.9% 15% 17% 3% 3% % 7% 3% 29% % Market Size (EUR bn, fixed FX rates) P&C CAGR: 4.7% 1 33% 4% % 3% 4% 4% 4% 3% 23% 12% 32% Life P&C % 45% 1 27% 43% Western Europe North America Japan China Asia ex. Japan & China Eastern Europe LatAm Others 3

4 DEVELOPMENT OF LIFE INSURANCE MARKETS Life Insurance Premium Volumes at fixed FX rates (2=1) 2, (CAGR in brackets) China (2.9%) 2, 1, 1, Latin America (14.7%) Asia ex. Japan & China (8.7%) Eastern Europe (7.6%) Others (3.5%) North America (2.8%) Western Europe (1.9%) Japan (1.2%) 4

5 ABSOLUTE SIZE OF LIFE INSURANCE MARKETS Life Insurance Premium Incomes at fixed FX rates (217 EUR bn) 7 (CAGR in brackets) Western Europe (1.9%) 6 North America (2.8%) 4 Asia ex. Japan & China (8.7%) 3 China (2.9%) Japan (1.2%) Others (3.5%) Latin America (14.7%) Eastern Europe (7.6%) 5

6 217 ABSOLUTE SIZE OF LIFE INSURANCE MARKETS Life Insurance Premium Income 217 (EUR bn) Western Europe North America Japan China Asia ex. Japan & China Eastern Europe Latin America Others 6

7 LIFE INSURANCE DENSITY AND PENETRATION Premiums per capita (EUR) and share of GDP, 217 2, 1, % 6% 1,566 1, % 5% 1, 4.4% 4% 1, 3.3% 3% 2.6% 2. 2% 1.5% Western Europe North America Japan China Asia Asia ex. ex. Japan Japan & China & China.5% Eastern Europe Latin America Others % 7

8 DEVELOPMENT OF P&C INSURANCE MARKETS P&C Premium Volumes at fixed FX rates (2=1) 1, (CAGR in brackets) China (17.6%) 1,25 1, 75 Latin America (12.6%) Eastern Europe (1.3%) Asia ex. Japan & China (8.8%) Others (6.) North America (4.5%) Western Europe (2.5%) Japan (.) 8

9 DEVELOPMENT OF P&C INSURANCE MARKETS P&C Insurance Premium Incomes at fixed FX rates (217 EUR bn) 7 (CAGR in brackets) 6 North America (4.5%) 4 3 Western Europe (2.5%) China (17.6%) Asia ex. Japan & China (8.8%) Japan (.) Latin America (12.6%) Others (6.) Eastern Europe (1.3%) 9

10 217 ABSOLUTE SIZE OF P&C INSURANCE MARKETS P&C Premium Income 217 (EUR bn) Western Europe North America Japan China Asia ex. Japan & China Eastern Europe Latin America Others 1

11 P&C DENSITY AND PENETRATION Premiums per capita (EUR) and share of GDP, 217 2, 4% 1, 1, % 3% 1, 2. 2% % 1.3% 1.4% 1.2% 1.4% 1.5% Western Europe North America Japan China Asia Asia ex. ex. Japan Japan & China & China Eastern Europe Latin America Others % 11

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