India - Gross Premium Income of Life Insurance
Since 2014, India Gross Premium Income of Life Insurance jumped by 2.1% year on year. In 2019, the country was number 10 among other countries in Gross Premium Income of Life Insurance at $59.5 Billion. India is overtaken by Taiwan, which was number 9 at $87.8 Billion and is followed by Ireland at $53.2 Billion. United States topped the ranking with $566.6 Billion in 2019, +0.6% versus 2018. Japan, China and United Kingdom respectively ranked number 2, 3 and 4 in this ranking. China recorded the best 5 years average growth at +9.1% per year, while Australia witnessed the worst performance at -6.5% per year.
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| Date | Billion US Dollars |
|---|---|
| 2019 | 59.50 |
| 2018 | 59.60 |
| 2017 | 59.60 |
| 2016 | 61.80 |
| 2015 | 56.10 |
Download all data from 2010 to 2019
How does India rank in Gross Premium Income of Life Insurance?
| # | 19 Countries | Billion US Dollars | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
566.60 | 2019 | +0.6 % | +1.3 % | View data | |
| 2 |
#2
Japan
|
323.60 | 2019 | -2.6 % | -2.4 % | View data | |
| 9 |
#9
Taiwan
|
87.80 | 2019 | +1.6 % | +2.1 % | View data | |
| 10 |
#10
India
|
59.50 | 2019 | -0.2 % | +2.1 % | View data | |
| 11 |
#11
Ireland
|
53.20 | 2019 | +1.5 % | +0.5 % | View data | |