Market share of the total insurance market worldwide 2022, by country

Published by Jennifer Rudden, Nov 1, 2024

The United States is by far the largest insurance market globally. Alone, the United States made up over 57 percent of the entire insurance market in 2022. The six largest markets combined held a market share of 85 percent.

Market share of the total insurance market worldwide in 2022, by country

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Source

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Release date

February 2024

Region

Worldwide

Survey time period

2022

Supplementary notes

All other OECD countries account for less than one percent of the total market each.

No data provided by the source for Canada since 2018 when it accounted for 1.6 percent of the global insurance market.

The source added the following information "National insurance market share is defined as a country's national insurance market compared with the OECD insurance market total. It measures the importance of the national insurance market as an index using the OECD insurance market total as base; OECD=100".

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