sigma 3/2016: World insurance in 2015: steady growth amid regional disparities

In spite of a challenging environment in 2015 with moderate global economic growth of 2.5%, direct premiums written grew 3.8% in real terms, up from 3.5% growth in 2014. However, in nominal US dollar (USD) terms, global premiums were down by 4.2%, due to currency depreciation against the USD, particularly in the advanced markets.

There was a slight slowdown in the life sector in 2015, with global premium growth dipping to 4.0% from 4.3%, due to weaker performance in the advanced markets. On the non-life side, strong growth in the advanced markets of Asia, and improvement in North America and Western Europe, contributed to a 3.6% increase in global premiums, up from 2.4% growth in 2014.The sigma includes a special chapter on the slowdown in global trade in recent years, and its possible impact on the insurance sector.

Facts & figures

Open slide in overlay

Tags

sigma

sigma World insurance in 2015: steady growth amid regional disparities

​World insurance series

The world insurance sigma covers premiums written in the global primary insurance industry. Published annually, it has become one of the fixtures of the sigma programme since 1968, the publication's inaugural year. This page gives quick access to all the resources.

Contact

Related teasers