annual report 2009-10 - IRDA

ANNUAL REPORT 2009-10INTERNATIONAL COMPARISON OF INSURANCE DENSITY*STATEMENT 2(In US Dollar)2009** 2008**Countries Total Life Non-Life Total Life Non-LifeAustralia 2832.7 1524.8 1307.9 3386.5 2038 1348.6Brazil 251.7 127.9 123.8 244.5 115.4 129.1France 4269.1 2979.8 1289.4 4131 2791.9 1339.2Germany 2878.4 1359.7 1518.7 2919.2 1346.5 1572.7Russia 280.9 4.5 276.4 273.5 5.4 268.1South Africa 738.1 574.2 163.9 870.6 707.0 163.6Switzerland 6257.6 3405.6 2852.1 6379.4 3551.5 2827.9United Kingdom 4578.8 3527.6 1051.2 6857.8 5582.1 1275.7United States 3710.0 1602.6 2107.3 4078.0 1900.6 2177.4Asian CountriesBangladesh 5.2 3.9 1.3 4.4 3.3 1.1Hong Kong 3304.0 2886.6 417.5 3310.3 2929.6 380.8India# 54.3 47.7 6.7 47.4 41.2 6.2Japan 3979.0 3138.7 840.4 3698.6 2869.5 829.2Malaysia 321.8 206.9 115.0 345.4 225.9 119.5Pakistan 6.6 3.0 3.6 6.8 2.8 4.0PR China 121.2 81.1 40.0 105.4 71.7 33.7Singapore 2557.6 1912.0 645.6 3179.0 2549.0 630.0South Korea 1890.3 1180.6 709.7 1968.7 1347.7 621.0Sri Lanka 29.5 11.8 17.7 32.1 12.8 19.3Taiwan 2752.1 2257.3 494.8 2787.6 2281.1 499.6Thailand 154.4 91.7 62.7 142.1 77.2 64.9World 595.1 341.2 253.9 633.9 369.7 264.2Source: Swiss Re, Sigma Volumes 2/2010 and 3/2009.* Insurance density is measured as ratio of premium (in US Dollar) to total population.** Data pertains to the calender year 2009 and 2008.# Data relates to financial year 2009-10 and 2008-09.90