The data displays the biggest emerging markets worldwide in 2017, by insurance density. Insurance density is used as an indicator for the development of insurance within a country and is calculated as ratio of total insurance premiums to whole population of a given country. In 2017, insurance premiums amounted to 1,552 USD per capita in Macao.
Insurance density in selected emerging countries
The insurance industry is an industry that has the ability to make significant financial contributions to a national economy. It contributes to the formation of national income by creating value added through the provision of indemnity and in its role as an institutional investor.
