Low Volume of Life Insurance Premium


World Market Share for the year 2013-14 of Life Insurance Premium in USD

Rank Country Market Share
1. USA 27.13%
2. Japan 11.45%
3. UK 7.10%
4. China 5.99%
5. France 5.49%
6. Germany 5.33%
7. Italy 3.63%
8. South Korea 3.13%
9. Taiwan 1.96%
10. India 1.41%

Source: Swiss Re, Sigma 03/2014

Looking at the very low volume of life insurance premium of India, we can assess the available potential of Indian Life Insurance Market.