Retention ratio of life insurance market worldwide 2021, by country

Published by
Jennifer Rudden,
Nov 1, 2024
Denmark was the the OECD country with the highest reinsurance retention rate for life insurance in 2021, with 99.9 percent. This means that 99.9 percent of life insurance premiums taken on by Danish insurers were kept on their books, rather that being passed to reinsurers. This compares to an OECD average of 81.9 percent, a ratio of 71.8 percent in the United States, and 86.4 percent in the United Kingdom.

Retention ratio of the life insurance market worldwide in 2021, by country

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Release date

November 2023

Region

Worldwide

Survey time period

2021

Special properties

OECD countries only

Supplementary notes

*Latest data is from 2020.
**Latest data is from 2019.
***Latest data is from 2018.
The source did not provide recent information for Estonia or Ireland, thus both countries have been excluded from this statistic.

Release date is the date the database was accessed.

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