Try our business solution for free!

Retention ratio of the total insurance market worldwide 2020, by country

Published by
Jennifer Rudden,
Jun 17, 2022
In 2020, the OECD country with the highest reinsurance retention rate (combined life and non-life) was Finland, with 99.2 percent. This means that 99.2 percent of the premiums taken on by Finnish insurers were kept on their books, rather that being passed to reinsurers. By comparison, the OECD average is 84.3 percent, while the United States and the United Kingdom reported retention ratios of 83.1 and 80.6 percent, respectively.

Retention ratio of the total insurance market worldwide in 2020, by country

© Statista 2023
Download
Show detailed source information?
Register for free
Already a member?
Log in
Source

Use Ask Statista Research Service

Release date

June 2022

Region

Worldwide

Survey time period

2020

Supplementary notes

* No data for 2020 provided by the source; 2019 value used.
**2018 value used.

The source did not provide recent information for Estonia or Ireland, so both countries have been excluded from this statistic.

Release date is the date the database was accessed.

Citation formats
Statista Accounts: Access All Statistics. Starting from $468 USD / Year
Basic Account
Get to know the platform

You only have access to basic statistics.
This statistic is not included in your account.

Starter Account
The ideal entry-level account for individual users
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references
$59 USD $39 USD / Month *
in the first 12 months
Professional Account
Full access

Business Solutions including all features.

* Prices do not include sales tax.

Statistics on " Life insurance worldwide "

The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics

Statistics on Life insurance worldwide

Overview

4

Segments

5

Leading companies

5

Sales metrics/consumption

5

Investment

5

Outlook

5

Further related statistics

19

Further Content: You might find this interesting as well

Statistics

Topics

Life insurance worldwideInsured catastrophe lossesReinsurancePrivate health insurance in the United StatesCyber insurance
Statista Accounts: Access All Statistics. Starting from $468 USD / Year
Learn more about how Statista can support your business.
Menu