In 2018, the share of total in-force gross domestic written premiums in the global property and casualty (P&C) insurance industry originating from brokers was the largest in the Americas and the Asia Pacific regions. In both these regions brokers accounted for nearly 60 percent of premiums. Conversely, in Europe, the Middle East and Africa, brokers accounted for less than one quarter of premiums.
Share of distribution channels within the global property and casualty (P&C) insurance industry in 2018, by region
Characteristic
Tied agents and branches
Brokers
Bancassurance
Direct and other
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McKinsey & Company. (April 29, 2021). Share of distribution channels within the global property and casualty (P&C) insurance industry in 2018, by region [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1249375/p-c-insurance-distribution-channel-share-region-worldwide/
McKinsey & Company. "Share of distribution channels within the global property and casualty (P&C) insurance industry in 2018, by region." Chart. April 29, 2021. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1249375/p-c-insurance-distribution-channel-share-region-worldwide/
McKinsey & Company. (2021). Share of distribution channels within the global property and casualty (P&C) insurance industry in 2018, by region. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1249375/p-c-insurance-distribution-channel-share-region-worldwide/
McKinsey & Company. "Share of Distribution Channels within The Global Property and Casualty (P&c) Insurance Industry in 2018, by Region." Statista, Statista Inc., 29 Apr 2021, https://www.statista.com/statistics/1249375/p-c-insurance-distribution-channel-share-region-worldwide/
McKinsey & Company, Share of distribution channels within the global property and casualty (P&C) insurance industry in 2018, by region Statista, https://www.statista.com/statistics/1249375/p-c-insurance-distribution-channel-share-region-worldwide/ (last visited August 25, 2024)
Share of distribution channels within the global property and casualty (P&C) insurance industry in 2018, by region [Graph], McKinsey & Company, April 29, 2021. [Online]. Available: https://www.statista.com/statistics/1249375/p-c-insurance-distribution-channel-share-region-worldwide/