Compare Countries Global Heat map …In the World/media/Files/The-Market/... · Compare Countries Global Heat map ... Germany 6. Russia 7. UK 8. France 9. Brazil ... UK USD 30bn+

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BUSINESS ENVIRONMENT

INSURANCE ENVIRONMENT

LLOYD’S BUSINESS

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2010 GDP 2015 GDP

2010 Population 2015 Population

2010 GDP per capita 2015 GDP per capita

2004 Insurance Market 2008/2009 Insurance Market

2008/2009 Non-Motor Market 2008/2009 Brokered Market

2007 Lloyd’s Premiums 2009 Lloyd’s Premiums

0.452 839 1657 2607 5115 6242 16850 18250.

© Lloyd’s

USD 5,000bn+1. US2. China3. Japan

USD 2,000bn+4. India5. Germany6. Russia7. UK8. France9. Brazil

USD 1,000bn+10. Italy11. Mexico12. South Korea13. Spain 14. Canada15. Indonesia

USD 700bn+16. Turkey17. Australia18. Iran19. Taiwan20. Poland

0.31 671 1436 2209 3862 9712 14800

2010 TOTAL GDP IN PURCHASING POWER PARITY (PPP)

BUSINESS ENVIRONMENT INSURANCE ENVIRONMENT LLOYD’S BUSINESS

Managing Agents can download underlying data at: > www.lloyds.com/COMPARECOUNTRIES

TOP-20 MARKETS

For territories in bold, download Country Profiles at:

> www.lloyds.com/COUNTRYPROFILES

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ABOUT THE INDICATOR:PPP indicates the purchasing power of a country and can therefore reflect potential demand. PPP takes into account as if there was a standard international currency used by all countries and determining the cost for that measure. In other words, PPP is the amount of a certain basket of basic goods which can be bought in the given country with the standard international currency. Expressed in billion USD.

SOURCESIndicator is based on IMF, (2010)

GDP in billion USD

© Lloyd’s

USD 5,000bn+1. US2. China3. India4. Japan

USD 2,000bn+5. Germany6. Russia7. Brazil8. UK9. France10. Mexico11. Italy

USD 1,500bn+12. South Korea13. Canada14. Spain 15. Indonesia

USD 900bn+16. Turkey17. Australia18. Iran19. Taiwan 20. Poland

0.452 839 1657 2607 5115 6242 16850 18250

TOP-20 MARKETS2015 TOTAL GDP IN PURCHASING POWER PARITY (PPP)




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ABOUT THE INDICATOR:PPP indicates the purchasing power of a country and can therefore reflect potential demand. PPP takes into account as if there was a standard international currency used by all countries and determining the cost for that measure. In other words, PPP is the amount of a certain basket of basic goods which can be bought in the given country with the standard international currency. Expressed in billion USD.

GDP in billion USD


© Lloyd’s

1,000m+1. China2. India

150m+3. US 4. Indonesia5. Brazil6. Bangladesh7. Pakistan8. Nigeria

100m+9. Russia10. Japan11. Mexico

60m+12. Philippines13. Vietnam14. Ethiopia15. Germany16. Egypt17. Iran18. Turkey19. Thailand20. Congo (Democratic Republic)

0.055 71.4 140 235 310 1216 1341

TOP-20 MARKETS2010 POPULATION




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ABOUT THE INDICATOR:Population indicates the number of people living in a particular market


Population in million

© Lloyd’s



1,000m+1. China2. India

150m+3. US4. Indonesia5. Brazil6. Bangladesh7. Pakistan8. Nigeria

100m+9. Russia10. Japan11. Mexico12. Philippines

70m+13. Ethiopia14. Vietnam15. Egypt16. Iran17. Germany18. Congo (Democratic Republic)19. Turkey20. Thailand

0.061 64.4 126 180 250 325 1299 1375

TOP-20 MARKETS2015 POPULATION


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ABOUT THE INDICATOR:Population indicates the number of people living in a particular market


Population in million

© Lloyd’s



USD 50k+1. Qatar2. Luxembourg3. Norway4. Singapore

USD 40k+5. Brunei6. US7. Hong Kong8. Switzerland9. Netherlands

USD 35k+10. Australia11. Austria12. Canada13. Ireland14. Kuwait15. Iceland16. Sweden17. Denmark18. UAE19. Belgium20. UK

0.342 4.58 8.77 13.1 17.9 22.2 26.2 34.2 39.0 43.9 47.7 53 79.4 90.2

2010 PURCHASING POWER PARITY PER CAPITA TOP-20 MARKETS


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ABOUT THE INDICATOR:Purchasing Power Per Capita gives an indication of the Purchasing Power per resident.

Expressed in thousand USD.

Purchasing Power Parity per capita in thousand USD

© Lloyd’s



USD 50k+1. Luxembourg2. Qatar3. Singapore4. Norway5. Hong Kong6. US 7. Brunei8. Switzerland

USD 45k+9. Kuwait10. Australia11. Netherlands12. Austria13. Ireland14. Canada15. Sweden16. Iceland

USD 42k+17. Taiwan18. Denmark19. UAE20. UK

0.427 5.19 9.58 14.3 19.0 23.7 28.9 33.2 40.5 45.3 52.7 58 67 82 91.4

2015 PURCHASING POWER PARITY PER CAPITA TOP-20 MARKETS


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ABOUT THE INDICATOR:Purchasing Power Per Capita gives an indication of the Purchasing Power per resident.

Expressed in thousand USD.

Purchasing Power Parity per capita in thousand USD

© Lloyd’s



USD 100bn+1. US2. Germany3. Japan4. UK

USD 30bn+5. France6. Italy7. Canada8. Spain

USD 10bn+9. Netherlands10. Australia11. South Korea12. Switzerland13. China14. Belgium15. Russia

USD 8bn+16. Brazil17. Austria18. Taiwan19. Ireland20. Sweden

0.0974 41 66.8 101 610

2004 TOTAL NON-LIFE DIRECT INSURANCE TOP-20 MARKETS


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SOURCESIndicator is based on: Sigma, (2009

ABOUT THE INDICATOR:Non-Life Direct Insurance Gross Written Premiums expressed in billion USD.

Note that white areas are missing values.

Gross Written Premiums in billion USD

© Lloyd’s

USD 100bn+1. US2. Germany

USD 75bn+3. France4. UK5. Japan

USD 30bn+6. Netherlands7. Italy8. Canada9. Spain10. China11. Russia 12. South Korea

USD 15bn+13. Switzerland14. Australia15. Brazil

USD 10bn+16. Belgium17. Venezuela18. Austria19. Taiwan20. Sweden

0.01 33.2 73.8 125 662

2008 / 2009 TOTAL NON-LIFE DIRECT INSURANCE TOP-20 MARKETS




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SOURCESIndicator is based on Axco, (2010); Sigma, (2009) and Market Intelligence estimates from regulators & associations

ABOUT THE INDICATOR:Non-Life Direct Insurance Gross Written Premiums expressed in billion USD.

Note that white areas are missing values.


© Lloyd’s

USD 100bn+1. US

USD 60bn+3. Germany 4. Netherlands 5. UK 6. France

USD 30bn+6. Japan 7. Canada 8. Russia 9. Spain

USD 10bn+10. Italy 11. South Korea 12. Switzerland 13. China14. Australia15. Belgium

USD 6bn+16. Venezuela17. Taiwan18. Austria19. Brazil 20. Denmark

0.00406 30.4 63.8 95 474

2008 / 2009 NON-LIFE NON-MOTOR DIRECT INSURANCE TOP-20 MARKETS




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SOURCESIndicator is based on Axco, (2010) and Market Intelligence estimates from regulators & associations

ABOUT THE INDICATOR:Non-Life Direct Non-Motor Gross Written Premiums expressed in billion USD.

Estimates based on latest available information. Note that white areas are missing values.


© Lloyd’s

USD 100bn+1. US

USD 40bn+2. Germany3. UK4. Canada

USD 10bn+5. Australia6. Netherlands7. France8. Switzerland9. Brazil

USD 3bn+10. Belgium11. Spain12. Mexico13. Russia14. Austria15. China16. Italy17. South Africa18. Ireland

USD 2bn+19. Denmark20. New Zealand

0 44.3 583

2008 / 2009 ESTIMATE FOR TOTAL NON-LIFE BROKERED MARKET TOP-20 MARKETS




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SOURCESIndicator is based on Axco, (2010) and Market Intelligence estimates from regulators & associations

ABOUT THE INDICATOR:Estimate for Brokered Market size in Gross Written Premiums expressed in billion USD.

Estimates based on latest available information.


© Lloyd’s



USD 10,000m+1. US

USD 1,000+2. UK3. Canada

USD 500m+4. Australia5. Bermuda6. France7. Italy8. Germany

USD 250m+9. Japan10. Netherlands11. Norway 12. Switzerland13. Ireland 14. South Africa

USD 150m+15. Mexico16. Spain17. Cayman Islands18. Singapore19. Greece20. Denmark

0 463 1478 5799 12620

2007 TOTAL LLOYD’S GROSS SIGNED PREMIUMS (GSP) TOP-20 MARKETS


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SOURCESIndicator is based on Xchanging, (2010) Gross Signed Premiums by country of origin and calendar year basis.

ABOUT THE INDICATOR:Country-level Lloyd’s data used in this map is based on calendar year signed gross premiums sourced from Xchanging. This differs from the Lloyd’s data published in the Annual Report. The accounting-level Lloyd’s data published in the Annual Report is based on calendar year written gross premiums sourced directly from Syndicates. Differences are therefore explained by (1) the timing differences between written and signed gross premiums and (2) inconsistent use of rates of exchange between Syndicates and Xchanging.

Gross Signed Premiums in million USD

© Lloyd’s

USD 10,000m+1. US

USD 1,000+2. UK3. Canada4. Australia

USD 500m+5. Bermuda6. France7. Japan 8. Italy9. Germany

USD 250m+10. Netherlands11. Switzerland12. Mexico13. Norway14. South Africa15. Spain

USD 150m+16. Ireland17. Greece18. Singapore19. Brazil 20. Denmark

0 510 1602 5141 12980

2009 TOTAL LLOYD’S GROSS SIGNED PREMIUMS (GSP) TOP-20 MARKETS




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SOURCESIndicator is based on Xchanging, (2010) Gross Signed Premiums by country of origin and calendar year basis.

ABOUT THE INDICATOR:Country-level Lloyd’s data used in this map is based on calendar year signed gross premiums sourced from Xchanging. This differs from the Lloyd’s data published in the Annual Report. The accounting-level Lloyd’s data published in the Annual Report is based on calendar year written gross premiums sourced directly from Syndicates. Differences are therefore explained by (1) the timing differences between written and signed gross premiums and (2) inconsistent use of rates of exchange between Syndicates and Xchanging.

Gross Signed Premiums in million USD

© Lloyd’s

Appendix

DisclaimerThis document is intended for general information purposes only.Whilst all care has been taken to ensure the accuracy of the information, Lloyd's does not accept any responsibility for any errors or omissions. Lloyd's does not accept any responsibility or liability for any loss to any person acting or refraining from action as a result of, but not limited to, any statement, fact, figure, expression of opinion or belief contained in this document.

BUSINESS ENVIRONMENTPurchasing Power Parity (PPP) indicates the purchasing power of a country and can therefore reflect potential demand. PPP takes into account as if there was a standard international currency used by all countries and determining the cost for that measure. In other words, PPP is the amount of a certain basket of basic goods which can be bought in the given country with the standard international currency. For international comparison, the PPP is expressed in USD.

SOURCE: IMF, Global Database, (May 2010), www.imf.org/external/data.htm

Insurance ENVIRONMENTWhile all insurance market figures are based on Market Intelligence calculations, Axco, Country Statistics form the core of the high level insurance market statistics, unless more up to date figures are available from the regulator and/or local associations.

SOURCE: Axco, Statistics, (August 2010), www.axcoinfo.com

Compare Countries & COUNTRY PROFILES Managing Agents can download detailed statistics contained in this document at: www.lloyds.com/COMPARECOUNTRIES > Managing Agent SpreadsheetManaging Agents and Brokers have access to Country Profiles for key territories at: www.lloyds.com/COUNTRYPROFILESAll products are summarised on the website of the Market Intelligence team at: www.lloyds.com/MARKETINTELLIGENCE

LLOYD’S BUSINESSThe detailed country-level Lloyd’s data used in this document is based on calendar year signed gross premiums sourced from Xchanging. This differs from the Lloyd’s data published in the Annual Report. The accounting-level Lloyd’s data published in the Annual Report is based on calendar year written gross premiums sourced directly from Syndicates. Differences are therefore explained by (1) the timing differences between written and signed gross premiums and (2) inconsistent use of rates of exchange between Syndicates and Xchanging.

Please note the information contained in this document is based upon data collected from Xchanging and may be incomplete for some classes of business; for instance a substantial figure, which is missing from the REG 258 data set is comprised of UK Motor, which is not processed by Xchanging.

Lloyd’s figures are based on gross signed premiums based on figures processed by Xchanging by processing year and country of origin.

Gross Premiums: Original and additional inward premiums, plus any amount in respect of administration fees or policy expenses remitted with a premium but before the deduction of outward reinsurance premiums.

Country of Origin: Denotes the country from where demand for the insurance / reinsurance emanates; i.e. the coverholder or policyholder, irrespective of the country to which the risk is classified for regulatory reporting purposes.

Processing Year: Relates to the calendar year in which the premium, additional or return premium is processed by Xchanging, irrespective of the actual underwriting year of account of the risks (which is determined by the inception date of each risk).

Example: A policy holder in the UK insuring a holiday home in France would be classified as a UK risk by “Country Of Origin”, but “French” for regulatory reporting purposes. Similarly a risk incepting on 1st December 2007 would be classified at 2007 “Underwriting Year of Account” but may not be processed by Xchanging until 2008 and so be allocated to the 2008 “processing year”.

SOURCE: Xchanging, (May 2010), www.xchanging.com

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Compare Countries Global Heat map …In the World/media/Files/The-Market/... · Compare Countries Global Heat map ... Germany 6. Russia 7. UK 8. France 9. Brazil ... UK USD 30bn+