In a 2022 survey conducted among consumers globally, 76 percent of Indian consumers searched for insurance and 41 percent of them bought coverage. In general, consumers from advanced markets searched for insurance less than those from emerging markets. For instance, only nine percent of consumers bought insurance in Germany and Japan.
Share of consumers who searched for and bought insurance in selected countries in 2022
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Searched
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The source classified the following countries as advanced markets: United States, United Kingdom, France, Germany, Australia, and Japan.
The source classified the following countries as advanced markets:
Brazil, Poland, Mexico, India, South Korea, and China.
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Swiss Re. (June 1, 2022). Share of consumers who searched for and bought insurance in selected countries in 2022 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1344007/share-of-consumers-buying-and-searching-for-insurance-worldwide/
Swiss Re. "Share of consumers who searched for and bought insurance in selected countries in 2022." Chart. June 1, 2022. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1344007/share-of-consumers-buying-and-searching-for-insurance-worldwide/
Swiss Re. (2022). Share of consumers who searched for and bought insurance in selected countries in 2022. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1344007/share-of-consumers-buying-and-searching-for-insurance-worldwide/
Swiss Re. "Share of Consumers Who Searched for and Bought Insurance in Selected Countries in 2022." Statista, Statista Inc., 1 Jun 2022, https://www.statista.com/statistics/1344007/share-of-consumers-buying-and-searching-for-insurance-worldwide/
Swiss Re, Share of consumers who searched for and bought insurance in selected countries in 2022 Statista, https://www.statista.com/statistics/1344007/share-of-consumers-buying-and-searching-for-insurance-worldwide/ (last visited July 22, 2024)
Share of consumers who searched for and bought insurance in selected countries in 2022 [Graph], Swiss Re, June 1, 2022. [Online]. Available: https://www.statista.com/statistics/1344007/share-of-consumers-buying-and-searching-for-insurance-worldwide/