Global insurance markets at a crossroads

Global insurance markets at a crossroads

In 2018, global insurance income (volume of gross premiums written by insurers) for property-casualty (p&c) and life (without health) reached EUR3655 billion or 5.4% of global output. In a year-on-year comparison, the nominal increase in premium income – adjusting for foreign currency effects – was +3.3%. Compared to the previous year’s growth (+3.4%), there are signs of stabilization at around that figure. The overall growth for the past decade (2008 – 2018) was +3.0 %.

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