Maptheory
economic2024

Insurance premium retention ratio

Compare insurance premium retention ratio across 49 countries or territories using one fixed 2024 OECD reference slice.

Source: Organisation for Economic Co-operation and Development (OECD)•49 countries

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Key Insights

Global Average
81.5Percentage of gross premiums
Median: 82.3Percentage of gross premiums
Countries Covered
49
with available data
Highest
Denmark
98.6Percentage of gross premiums
Lowest
Honduras
46.2Percentage of gross premiums
Top 5 Countries
1Denmark98.6Percentage of gross premiums
2Finland97.0Percentage of gross premiums
3Sweden97.0Percentage of gross premiums
4Taiwan, Province of China95.5Percentage of gross premiums
5Iceland95.0Percentage of gross premiums
By Region
Europe85.8Percentage of gross premiums(28 countries)
Asia85.3Percentage of gross premiums(4 countries)
South America81.0Percentage of gross premiums(6 countries)
North America76.8Percentage of gross premiums(3 countries)
Oceania74.8Percentage of gross premiums(1 countries)
Key Findings
  • •49 ISO-mapped countries or territories have a finite Percentage of gross premiums observation in the fixed 2024 slice.
  • •Denmark has the highest published value (98.555 Percentage of gross premiums).
  • •Honduras has the lowest published value (46.24 Percentage of gross premiums).

Country Rankings

Top 10 Countries

Bottom 10 Countries

Data Analysis

Value Distribution

How countries are distributed across the value range

Low (46.2Percentage of gross premiums)High (98.6Percentage of gross premiums)

Regional Comparison

Average values by world region (Global avg: 81.5Percentage of gross premiums)

Europe (28)
Asia (4)
South America (6)
North America (3)
Oceania (1)
Other (7)

Percentile Profile

The curve shows how values change from the lowest to the highest country. Steep sections reveal inequality or outliers.

0th percentile · lowest100th percentile · highest

About This Statistic

OECD Insurance indicators measure 'Retention ratio'. The map uses the exact official 2024 slice in Percentage of gross premiums; fixed dimensions: FREQ=A (Annual); PREMIUMS=NET (Net written premiums); OWNERSHIP=_Z (Not applicable); INSURANCE_TYPE=_T (Total); INSURANCE_BUSINESS=_Z (Not applicable); INSURER_TYPE=_Z (Not applicable); CONTRACT_TYPE=_Z (Not applicable); EMPLOYER_TYPE=_Z (Not applicable); RISK_LOCATION=_Z (Not applicable); COUNTERPART_AREA=_Z (Not applicable); INSURANCE_CLASS=_Z (Not applicable); DESTINATION=_Z (Not applicable); CURRENCY=USD (US dollar).

MapTheory uses only finite ISO-mapped observations from the fixed 2024 OECD slice recorded below. Aggregates, missing values, non-ISO geographies, conflicting duplicate observations, and every other year or dimension slice are excluded; MapTheory never imputes or interpolates missing countries.

Methodology

OECD Insurance indicators measure 'Retention ratio'. The map uses the exact official 2024 slice in Percentage of gross premiums; fixed dimensions: FREQ=A (Annual); PREMIUMS=NET (Net written premiums); OWNERSHIP=_Z (Not applicable); INSURANCE_TYPE=_T (Total); INSURANCE_BUSINESS=_Z (Not applicable); INSURER_TYPE=_Z (Not applicable); CONTRACT_TYPE=_Z (Not applicable); EMPLOYER_TYPE=_Z (Not applicable); RISK_LOCATION=_Z (Not applicable); COUNTERPART_AREA=_Z (Not applicable); INSURANCE_CLASS=_Z (Not applicable); DESTINATION=_Z (Not applicable); CURRENCY=USD (US dollar).

Full Data

Rank ↑Country ↕Value ↕
1Denmark98.6Percentage of gross premiums
2Finland97.0Percentage of gross premiums
3Sweden97.0Percentage of gross premiums
4Taiwan, Province of China95.5Percentage of gross premiums
5Iceland95.0Percentage of gross premiums
6Netherlands95.0Percentage of gross premiums
7Italy93.7Percentage of gross premiums
8Uruguay93.7Percentage of gross premiums
9Norway93.5Percentage of gross premiums
10Latvia92.0Percentage of gross premiums
11Lithuania91.1Percentage of gross premiums
12Hong Kong90.3Percentage of gross premiums
13Greece89.8Percentage of gross premiums
14Switzerland88.7Percentage of gross premiums
15Slovakia87.7Percentage of gross premiums
16Estonia87.5Percentage of gross premiums
17Argentina87.0Percentage of gross premiums
18Spain86.9Percentage of gross premiums
19Poland85.7Percentage of gross premiums
20Hungary85.0Percentage of gross premiums
21Mexico84.0Percentage of gross premiums
22Israel83.0Percentage of gross premiums
23France82.8Percentage of gross premiums
24Austria82.7Percentage of gross premiums
25Portugal82.3Percentage of gross premiums
26Chile82.3Percentage of gross premiums
27Romania82.3Percentage of gross premiums
28United States of America81.8Percentage of gross premiums
29Slovenia81.6Percentage of gross premiums
30Germany80.8Percentage of gross premiums
31Costa Rica80.2Percentage of gross premiums
32Colombia79.8Percentage of gross premiums
33Bulgaria76.8Percentage of gross premiums
34Bermuda76.3Percentage of gross premiums
35Peru76.2Percentage of gross premiums
36United Kingdom74.9Percentage of gross premiums
37Australia74.8Percentage of gross premiums
38Czech Republic74.6Percentage of gross premiums
39Türkiye74.4Percentage of gross premiums
40Paraguay74.3Percentage of gross premiums
41Ireland74.1Percentage of gross premiums
42Luxembourg73.2Percentage of gross premiums
43Belgium73.1Percentage of gross premiums
44Japan72.3Percentage of gross premiums
45Ecuador67.1Percentage of gross premiums
46Guatemala64.8Percentage of gross premiums
47Bolivia58.1Percentage of gross premiums
48Nicaragua47.6Percentage of gross premiums
49Honduras46.2Percentage of gross premiums
Showing 49 of 49 countries

Topics

#trend-research-500#oecd#finance-markets-taxation#insurance#premium#retention#ratio

Data Source

This data comes from Organisation for Economic Co-operation and Development (OECD) (2024).

View Original Source