Primary Insurance Penetration

This key economic indicator for the Insurance sector has been recently updated.

  1. Taiwan jumped by 0.5points of Primary Insurance Penetration in 2019, from a year earlier.
  2. Since 2014 Taiwan Primary Insurance Penetration rose 1.2points year on year totalising 20.1 Percent.
  3. In 2019 South Korea was number 3 in Primary Insurance Penetration.
  4. In 2019 Australia was ranked number 13 in Primary Insurance Penetration at 6.4 Percent, jumping from 14 in 2018.

Top Countries in Primary Insurance Penetration

Percent - 2010 to 2019

#19 CountriesPercentLastYoY5‑years CAGR
1 #1
Taiwan
20.10 % 2019 +0.5 % +1.2 % View data
2 #2
South Africa
14.30 % 2019 +0.0 % +0.4 % View data
3 #3
South Korea
12.00 % 2019 +0.0 % +1.2 % View data
4 #4
Netherlands
10.00 % 2019 -2.0 % -1.9 % View data
5 #5
Japan
9.70 % 2019 -1.0 % -2.1 % View data
5 #5
United Kingdom
9.70 % 2019 -1.0 % -1.8 % View data
7 #7
France
8.90 % 2019 -1.1 % -0.4 % View data
8 #8
Switzerland
8.80 % 2019 +0.0 % -0.9 % View data
9 #9
Italy
8.50 % 2019 +1.2 % -0.2 % View data
10 #10
Canada
7.50 % 2019 +0.0 % +1.4 % View data
11 #11
United States
7.10 % 2019 -1.4 % -0.6 % View data
12 #12
Ireland
6.90 % 2019 -2.8 % -1.6 % View data
13 #13
Australia
6.40 % 2019 +0.0 % +1.3 % View data
14 #14
Sweden
6.30 % 2019 -3.1 % -1.5 % View data
15 #15
Germany
5.90 % 2019 -1.7 % -1.9 % View data
16 #16
Spain
5.50 % 2019 +0.0 % +1.5 % View data
17 #17
Brazil
4.20 % 2019 +2.4 % +1.5 % View data
18 #18
China
4.10 % 2019 +0.0 % +5.1 % View data
19 #19
India
3.10 % 2019 -3.1 % -1.2 % View data
Showing 1 to 19 of 19 countries

Source: German Insurance Association

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