Select Country
Year
Life
% of GDP
Non Life
% of GDP
Country-Wise Insurance Penetration Data (2010-2018)
The dynamic graph shows the Insurance penetration data over the years for the selected country. The data provides the penetration rate for both life and non-life insurance.
Last updated on 08-07-2020
Year | Country | Total | Life | Non Life |
---|---|---|---|---|
2010 | India | 5.1 | 4.4 | 0.7 |
2011 | India | 4.1 | 3.4 | 0.7 |
2012 | India | 4 | 3.2 | 0.8 |
2013 | India | 3.9 | 3.1 | 0.8 |
2014 | India | 3.3 | 2.6 | 0.7 |
2015 | India | 3.4 | 2.7 | 0.7 |
2016 | India | 3.49 | 2.72 | 0.77 |
2017 | India | 3.69 | 2.76 | 0.93 |
2018 | India | 3.71 | 2.74 | 0.97 |
Last updated on 08-07-2020
Insurance Penetration - Analysis For Developing Countries
Insurance penetration is the ratio between the gross insurance premium in $US and GDP in $US for the same period. It tells us about the contribution of the insurance industry in the country’s GDP.
Last updated on 08-07-2020