The statistic presents the value of gross premiums written by motor vehicle insurance companies in South Korea from 2009 to 2014 and a forecast thereof until 2025. The value of motor vehicle insurance sector in South Korea amounted to approximately 12.87 billion U.S. dollars in 2014 and it was projected to grow to approximately 26.8 billion U.S. dollars in 2025.
Value of gross premiums written by motor vehicle insurance companies in South Korea from 2009 to 2025
(in billion U.S. dollars)
* Estimate. Figures have been rounded. The source adds the following information: The insurance and reinsurance premium volume data are collected from local regulators around the world. Regulators typically report data according local class of business classifications. The Lloyds team maps from these classes to common classes as presented in the statistics to enable some degree of comparison across various countries. Please follow this link for more information on Statista market forecasts.
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Lloyd's of London. (January 15, 2015). Value of gross premiums written by motor vehicle insurance companies in South Korea from 2009 to 2025 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/446258/motor-vehicle-insurance-sector-south-korea/
Lloyd's of London. "Value of gross premiums written by motor vehicle insurance companies in South Korea from 2009 to 2025 (in billion U.S. dollars)." Chart. January 15, 2015. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/446258/motor-vehicle-insurance-sector-south-korea/
Lloyd's of London. (2015). Value of gross premiums written by motor vehicle insurance companies in South Korea from 2009 to 2025 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/446258/motor-vehicle-insurance-sector-south-korea/
Lloyd's of London. "Value of Gross Premiums Written by Motor Vehicle Insurance Companies in South Korea from 2009 to 2025 (in Billion U.S. Dollars)." Statista, Statista Inc., 15 Jan 2015, https://www.statista.com/statistics/446258/motor-vehicle-insurance-sector-south-korea/
Lloyd's of London, Value of gross premiums written by motor vehicle insurance companies in South Korea from 2009 to 2025 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/446258/motor-vehicle-insurance-sector-south-korea/ (last visited December 22, 2024)
Value of gross premiums written by motor vehicle insurance companies in South Korea from 2009 to 2025 (in billion U.S. dollars) [Graph], Lloyd's of London, January 15, 2015. [Online]. Available: https://www.statista.com/statistics/446258/motor-vehicle-insurance-sector-south-korea/
