GLOBAL INSURANCE MARKETS SELECTED DATA Allianz Research Munich / November 218 Copyright Allianz SE
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
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% 2 217 2 217 7% 3% 4% 4% 4% 3% 23% 12% 32% Life P&C 2 217 5% 45% 1 27% 43% Western Europe North America Japan China Asia ex. Japan & China Eastern Europe LatAm Others 3
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%) 1 2 21 22 23 24 25 26 27 28 29 21 211 212 213 214 215 216 217 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
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%) 2 1 2 21 22 23 24 25 26 27 28 29 21 211 212 213 214 215 216 217 Others (3.5%) Latin America (14.7%) Eastern Europe (7.6%) 5
217 ABSOLUTE SIZE OF LIFE INSURANCE MARKETS Life Insurance Premium Income 217 (EUR bn) 7 654 6 69 4 349 3 247 281 2 1 17 61 7 Western Europe North America Japan China Asia ex. Japan & China Eastern Europe Latin America Others 6
LIFE INSURANCE DENSITY AND PENETRATION Premiums per capita (EUR) and share of GDP, 217 2, 1,936 5.7% 6% 1,566 1,685 4.9% 5% 1, 4.4% 4% 1, 3.3% 3% 2.6% 2. 2% 1.5% 199 157 Western Europe North America Japan China Asia Asia ex. ex. Japan Japan & China & China.5% 127 138 45 Eastern Europe Latin America Others % 7
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%) 25 1 2 21 22 23 24 25 26 27 28 29 21 211 212 213 214 215 216 217 Eastern Europe (1.3%) Asia ex. Japan & China (8.8%) Others (6.) North America (4.5%) Western Europe (2.5%) Japan (.) 8
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%) 2 1 2 21 22 23 24 25 26 27 28 29 21 211 212 213 214 215 216 217 China (17.6%) Asia ex. Japan & China (8.8%) Japan (.) Latin America (12.6%) Others (6.) Eastern Europe (1.3%) 9
217 ABSOLUTE SIZE OF P&C INSURANCE MARKETS P&C Premium Income 217 (EUR bn) 7 6 593 4 3 318 2 141 1 72 12 42 55 51 Western Europe North America Japan China Asia ex. Japan & China Eastern Europe Latin America Others 1
P&C DENSITY AND PENETRATION Premiums per capita (EUR) and share of GDP, 217 2, 4% 1, 1,641 3.2% 3% 1, 2. 2% 762 564 1.7% 1.3% 1.4% 1.2% 1.4% 1.5% 1 46 11 114 1 Western Europe North America Japan China Asia Asia ex. ex. Japan Japan & China & China Eastern Europe Latin America Others % 11