sigma 03/2014 World insurance in 2013: steering towards recovery
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Premiums written in the global insurance industry grew by 1.4% in real terms to USD 4 641 billion in 2013 after a 2.5% increase in 2012, says Swiss Re's latest sigma study. The slowdown was primarily due to weakness in the life sector in the advanced markets. Global life premiums were up just 0.7% in 2013, with weak sales in North America and the advanced Asian markets offsetting a strong performance in Western Europe, Oceania and most emerging markets.