Between 2008 and 2018, property and casualty insurance penetration in North America declined by one percent. The developing APAC market experienced growth amounting to 62 percent. P&C insurance penetration in Latin American and Middle East rose as well during that period. Hence, emerging markets were a major source of growth for insurers.
Change in property and casualty penetration worldwide in 2018, by market
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McKinsey & Company. (April 1, 2020). Change in property and casualty penetration worldwide in 2018, by market [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1132538/change-property-casualty-penetration-global/
McKinsey & Company. "Change in property and casualty penetration worldwide in 2018, by market." Chart. April 1, 2020. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1132538/change-property-casualty-penetration-global/
McKinsey & Company. (2020). Change in property and casualty penetration worldwide in 2018, by market. Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1132538/change-property-casualty-penetration-global/
McKinsey & Company. "Change in Property and Casualty Penetration Worldwide in 2018, by Market." Statista, Statista Inc., 1 Apr 2020, https://www.statista.com/statistics/1132538/change-property-casualty-penetration-global/
McKinsey & Company, Change in property and casualty penetration worldwide in 2018, by market Statista, https://www.statista.com/statistics/1132538/change-property-casualty-penetration-global/ (last visited November 22, 2024)
Change in property and casualty penetration worldwide in 2018, by market [Graph], McKinsey & Company, April 1, 2020. [Online]. Available: https://www.statista.com/statistics/1132538/change-property-casualty-penetration-global/
