Financial Services » Insurance » Valuation of non-life insurance sector in global perspective | South Korea: value of non-life insurance by type 2025

Value of non-life insurance sector in South Korea 2009-2025, by type

Value of net premiums written by non-life insurance companies in South Korea from 2009 to 2025, by type (Figures expressed in billions of U.S. dollars, unless otherwise specified)

The data describes the value of non-life insurance sector in South Korea from 2009 to 2014 and a forecast thereof until 2025, by type. The value of motor vehicle insurance amounted to approx. 12.87 billion USD in 2014 and was projected to grow to approx. 26.8 billion USD in 2025.

2009 8.79 2.77 0.96 0.63 0.22
2010 10.74 3.41 1.13 0.67 0.23
2011 11.77 4.12 1.37 0.78 0.24
2012 11.4 4.74 1.4 0.73 0.29
2013 11.76 5.08 1.39 0.96 0.29
2014 12.87 5.3 1.44 0.7 0.29
2015 13.03 5.37 1.46 0.71 0.3
2016 13.71 5.65 1.53 0.74 0.31
2017 14.65 6.04 1.64 0.79 0.34
2018 15.73 6.48 1.76 0.85 0.36
2019 16.92 6.97 1.89 0.92 0.39
2020 18.27 7.53 2.04 0.99 0.42
2021 19.73 8.13 2.21 1.07 0.45
2022 21.3 8.77 2.38 1.15 0.49
2023 22.99 9.47 2.57 1.25 0.53
2024 24.82 10.23 2.78 1.34 0.57
2025 26.8 11.04 3 1.45 0.61

StatInvestor

Privacy Policy
Feedback

© 2024 StatInvestor All Rights Reserved.