Estimated size of the global insurance market 2021-2022, with forecasts up until 2026

Published by
Jennifer Rudden,
Aug 29, 2023
It is forecast that the global insurance market will grow by about 10 percent from 2021 to 2022, reaching almost six trillion U.S. dollars. Following this, it is predicted that the industry will grow at a compound rate of around nine percent per year, reaching almost 8.4 trillion U.S. dollars in 2026.

Forecast of the global insurance market in 2021 and 2022, with forecasts from 2023 to 2026 (in billion U.S. dollars)

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Release date

December 2022

Region

Worldwide

Survey time period

2021 and 2022

Supplementary notes

All values provided are estimates.

* Values from 2023 to 2025 have been calculated by Statista using the compound annual growth rate of 9.1 percent percent based on the figures provided by the source.

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