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ANNUAL REPORT 2011-12
INTERNATIONAL COMPARISON OF INSURANCE PENETRATION*
STATEMENT 1
(In per cent)
Countries 2010** 2011**
Total Life Non-Life Total Life Non-Life
Australia 5.9 3.1 2.8 6.0 3.0 3.0
Brazil 3.1 1.6 1.5 3.2 1.7 1.5
France 10.5 7.4 3.1 9.5 6.2 3.3
Germany 7.2 3.5 3.7 6.8 3.2 3.6
Russia 2.3 0.0 2.3 2.4 0.1 2.3
South Africa 14.8 12.0 2.8 12.9 10.2 2.7
Switzerland 9.9 5.5 4.4 10.0 5.5 4.5
United Kingdom 12.4 9.5 2.9 11.8 8.7 3.1
United States 8.0 3.5 4.5 8.1 3.6 4.5
Asian Countries
Bangladesh 0.9 0.7 0.2 0.9 0.7 0.2
Hong Kong 11.4 10.1 1.4 11.4 10.1 1.4
India # 5.1 4.4 0.7 4.1 3.4 0.7
Japan 10.1 8.0 2.1 11.0 8.8 2.2
Malaysia 4.8 3.2 1.6 5.1 3.3 1.8
Pakistan 0.7 0.3 0.3 0.7 0.4 0.3
PR China 3.8 2.5 1.3 3.0 1.8 1.2
Singapore 6.1 4.6 1.6 5.9 4.3 1.5
South Korea 11.2 7.0 4.2 11.6 7.0 4.6
Sri Lanka 1.4 0.6 0.9 1.2 0.6 0.6
Taiwan 18.4 15.4 3.0 17.0 13.9 3.1
Thailand 4.3 2.6 1.7 4.4 2.7 1.7
World 6.9 4.0 2.9 6.6 3.8 2.8
Source: Swiss Re, Sigma Volumes 2/2011 and 3/2012.
* Insurance penetration is measured as ratio of premium (in US Dollars) to GDP (in US Dollars)
** Data pertains to the calender year 2010 and 2011.
# Data relates to fi nancial year 2010-11 and 2011-12.
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