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  • Profits plunge for largest insurance markets

    This year, the world's 10 largest insurance markets are expected to see GDP decrease by 4.9% cumulatively when compared to 2019 - as a direct result of COVID-19.

    This finding was revealed in a new report titled ‘Global Macro and Insurance Outlook: Q2 2020’ published by Insurance Information Institute (Triple-I). The report defined market size as total premium written as of 2018-2019 and estimated the decline in GDP by weighting each country’s GDP change by the size of its insurance market.





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