Name: Value of non-life insurance sector in Australia 2009-2025, by type
Creator: Statista

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The statistic presents the value of gross premiums earned by the non-life insurance companies in Australia from 2009 to 2014 and a forecast thereof until 2025, by type. The value of gross premiums earned by the accident and health insurance companies in Australia amounted to approximately 1.02 billion U.S. dollars in 2014 and it was projected to grow to approximately 1.31 billion U.S. dollars in 2025.

Value of gross premiums earned by non-life insurance companies in Australia from 2009 to 2025, by type (in billion U.S. dollars)

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Release date

January 2015

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Region

Australia

Survey time period

2009 to 2014

Supplementary notes

* Estimate.
Figures have been rounded.
The source adds the following information: The insurance and reinsurance premium volume data are collected from local regulators around the world. Regulators typically report data according local class of business classifications. The Lloyds team maps from these classes to common classes as presented in the statistics to enable some degree of comparison across various countries.
General liability includes all liability other than motor vehicle, aircraft and ships liablility.
Other Non-Life includes legal expenses and costs of litigation.
Pecuniary losses included credit (insolvency, installment credit, mortgages, etc.), suretyship and various financial losses (employment risk, loss of benefits, loss of market value, etc.).
Data for A&H, MAT and pecuniary loss insurance not available for the years 2009 and 2010.
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