In 2019, the United States was the largest insurance market worldwide with 1.83 trillion U.S. dollars in premiums written. The People's Republic of China and Japan followed behind with direct premiums worth approximately 617 billion and 459 billion U.S. dollars, respectively.
Leading life and nonlife direct premium writing countries globally in 2019, by value of premiums (in billion U.S. dollars)
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Insurance Information Institute. (August 1, 2020). Leading life and nonlife direct premium writing countries globally in 2019, by value of premiums (in billion U.S. dollars) [Graph]. In Statista. Retrieved February 28, 2021, from https://www.statista.com/statistics/273287/top-10-countries-by-volume-of-gross-insurance-premiums/
Insurance Information Institute. "Leading life and nonlife direct premium writing countries globally in 2019, by value of premiums (in billion U.S. dollars)." Chart. August 1, 2020. Statista. Accessed February 28, 2021. https://www.statista.com/statistics/273287/top-10-countries-by-volume-of-gross-insurance-premiums/
Insurance Information Institute. (2020). Leading life and nonlife direct premium writing countries globally in 2019, by value of premiums (in billion U.S. dollars). Statista. Statista Inc.. Accessed: February 28, 2021. https://www.statista.com/statistics/273287/top-10-countries-by-volume-of-gross-insurance-premiums/
Insurance Information Institute. "Leading Life and Nonlife Direct Premium Writing Countries Globally in 2019, by Value of Premiums (in Billion U.S. Dollars)." Statista, Statista Inc., 1 Aug 2020, https://www.statista.com/statistics/273287/top-10-countries-by-volume-of-gross-insurance-premiums/
Insurance Information Institute, Leading life and nonlife direct premium writing countries globally in 2019, by value of premiums (in billion U.S. dollars) Statista, https://www.statista.com/statistics/273287/top-10-countries-by-volume-of-gross-insurance-premiums/ (last visited February 28, 2021)