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US is the worldâ€™s largest insurance market

05 August 2010 12:15 (UTC +04:00)

Baku. Vahab Rzayev â€“ APA-Economics. Swiss Reinsurance, the worldâ€™s second-largest reinsurance firm, made a research report on total premiums. The United States leads ranking list, which total premiums grew to $1.14 trillion. According to the research report by Swiss Re, alongside with USA, some European countries, as well as Japan, China and South Korea ranked among top ten counties. Totally insurance premiums of the countries surveyed were at $4.066 trillion.

	Country	Premiums (mln. USD)
1.	USA	1 139 746
2.	Japan	505 956
3.	United Kingdom	309 241
4.	France	283 070
5.	Germany	238 366
6.	Italy	169 360
7.	China	163 047
8.	The Netherlands	108 144
9.	Canada	98 840
10.	South Korea	91 963
11.	Spain	82 775
12.	India	65 085
13.	Taiwan	63 647
14.	Australia	60 317
15.	Brazil	48 760
16.	Switzerland	48 470
17.	Ireland	44 598
18.	Belgium	40 470
19.	Russia	39 576
20.	South Africa	36 987
21.	Sweden	32 768
22.	Denmark	31 798
23.	Luxemburg	27 714
24.	Hong Kong	23 201
25.	Austria	22 933
26.	Finland	22 660
27.	Portugal	20 312
28.	Norway	18 024
29.	Mexico	17 353
30.	Poland	16 286
31.	Singapore	14 245
32.	Venezuela	14 005
33.	Thailand	10 460
34.	Israel	9 777
35.	Malaysia	8 840
36.	Lichtenstein	8 222
37.	Argentina	7 983
38.	Turkey	7 853
39.	The Czech Republic	7 328
40.	Indonesia	7 285
41.	Chile	6 894
42.	New Zealand	6 685
43.	Greece	6 556
44.	Columbia	5 307
45.	UAE	5 113
46.	Iran	4 316
47.	Hungary	3 986
48.	Saudi Arabia	3 896
49.	Romania	2 898
50.	Slovenia	2 895
51.	Slovakia	2 794
52.	Ukraine	2 624
53.	Morocco	2 583
54.	Philippines	2 399
55.	Croatia	1 781
56.	Peru	1 724
57.	Egypt	1 565
58.	Vietnam	1 440
59.	Trinidad and Tobago	1 359
60.	Malta	1 226
61.	Bulgaria	1 195
62.	Pakistan	1 193
63.	Cyprus	1 045
64.	Lebanon	952
65.	Ecuador	943
66.	Nigeria	934
67.	Panama	847
68.	Bangladesh	841
69.	Kenya	800
70.	Algeria	797
71.	Serbia	792
72.	Qatar	773
73.	Kazakhstan	768
74.	Tunis	758
75.	Bahamas	747
76.	Namibia	660
77.	Dominica	644
78.	Oman	627
79.	Costa Rica	624
80.	Sri Lanka	596
81.	Angola	555
82.	Lithuania	543
83.	Uruguay	518
84.	Jordan	510
85.	Jamaica	510
86.	Bahrain	494
87.	Kuwait	457
88.	Mauritius	451