India - Non-life Insurance Penetration
Since 2014, India Non-Life Insurance Penetration increased 2.5points year on year. In 2019, the country was number 17 among other countries in Non-Life Insurance Penetration at 0.79 Percent. India is overtaken by Russia, which was ranked number 16 at 1.2 Percent and is followed by Sri Lanka at 0.7 Percent. United States lead the ranking with 4.2 Percent in 2015, -2.3points compared to 2014. Australia witnessed the best average annual growth at +8.2points per year, while South Korea was the worst growing country at -8.2points per year.
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| Date | Percent |
|---|---|
| 2019 | 0.79 |
| 2018 | 0.78 |
| 2017 | 0.77 |
| 2016 | 0.77 |
| 2015 | 0.72 |
Download all data from 2001 to 2019
How does India rank in Non-Life Insurance Penetration?
| # | 19 Countries | Percent | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
4.20 % | 2015 | -2.3 % | -2.3 % | View data | |
| 2 |
#2
South Korea
|
4.10 % | 2015 | +0.0 % | -8.2 % | View data | |
| 16 |
#16
Russia
|
1.20 % | 2015 | +0.0 % | +0.0 % | View data | |
| 17 |
#17
India
|
0.79 % | 2019 | +1.3 % | +2.5 % | View data | |
| 18 |
#18
Sri Lanka
|
0.70 % | 2015 | +0.0 % | +0.0 % | View data | |