OECD Insurance Statistics 2012
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OECD Insurance Statistics 2012

The insurance industry is a key component of the economy by virtue of the amount of premiums it collects, the scale of its investment and, more fundamentally, the essential social and economic role it plays in covering personal and business risks.

This annual publication provides major official insurance statistics for all OECD countries. The reader will find information on the diverse activities of this industry and on international insurance market trends.

For the first time an analytical chapter including data from OECD members and selected additional economies has been included. This additional chapter highlights the underlying reasons for the trends in gross premium growth and claims developments between 2010 and 2011, and presents key performance indicators.

The data, which are standardised as far as possible, are broken down under numerous sub-headings, and a series of indicators makes the characteristics of the national markets more readily comprehensible. This publication is an essential tool for civil servants, professionals and academics working in the insurance field.

The data in this publication are also available on the OECD iLibrary under the title OECD Insurance Statistics (http://dx.doi.org/10.1787/ins-data-en).

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From chapter International comparisons
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Table
 

Table 21 – Retention ratio (Life and Non-life) You or your institution have access to this content

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OECD Insurance Statistics, Volume 2012 - © OECD 2012

International comparisons
‌21Retention ratio (Life and Non-life)
Per cent
‌‌
2004
2005
2006
2007
2008
2009
‌2010‌
‌2011‌
Australia
85.7
 
86.1
 
86.2
 
86.8
 
85.7
 
85.7
 
85.2
 
84.5
 
Austria
81.6
 
81.7
 
78.6
 
77.9
 
82.0
 
..
 
..
 
..
 
Belgium
97.4
 
96.5
 
95.6
 
95.5
 
..
 
94.2
 
94.0
 
95.1
 
Canada
84.6
 
84.4
 
85.5
 
78.7
 
84.9
 
78.4
 
78.9
 
75.2
 
Chile
..
 
..
 
83.5
 
..
 
..
 
81.6
 
..
 
80.6
 
Czech Republic
74.2
 
74.9
 
79.6
 
82.5
 
82.2
 
83.2
 
82.4
 
81.5
 
Denmark
58.1
 
64.5
 
65.9
 
97.2
 
..
 
..
 
..
 
95.8
 
Estonia
..
 
..
 
98.6
 
..
 
..
 
..
 
95.2
 
95.1
 
Finland
94.8
 
96.0
 
96.6
 
96.2
 
96.0
 
99.5
 
97.2
 
96.7
 
France
90.0
 
89.3
 
90.6
 
90.1
 
89.7
 
91.7
 
91.4
 
90.0
 
Germany
84.3
 
85.6
 
87.7
 
88.0
 
88.8
 
..
 
..
 
..
 
Greece
85.2
 
86.7
 
90.3
 
88.8
 
88.1
 
48.6
 
88.2
 
83.3
 
Hungary
82.9
 
82.7
 
86.2
 
86.4
 
87.6
 
84.1
 
84.0
 
83.9
 
Iceland
80.1
 
80.1
 
6.6
 
93.3
 
92.7
 
92.6
 
92.2
 
92.9
 
Ireland
86.5
 
88.4
 
93.6
 
90.1
 
58.3
 
90.0
 
89.0
 
86.7
 
Israel 1
..
 
..
 
86.1
 
87.3
 
86.6
 
84.2
 
86.0
 
85.6
 
Italy
94.3
 
94.8
 
94.7
 
94.1
 
94.3
 
95.4
 
95.9
 
95.5
 
Japan
92.5
 
92.5
 
94.3
 
93.5
 
92.5
 
93.9
 
94.1
 
93.3
 
Korea
92.7
 
92.6
 
92.7
 
95.4
 
95.2
 
92.9
 
93.8
 
..
 
Luxembourg
85.2
 
87.7
 
79.5
 
90.7
 
77.8
 
73.1
 
73.9
 
78.4
 
Mexico
83.4
 
84.5
 
86.6
 
84.5
 
85.7
 
81.9
 
85.4
 
82.3
 
Netherlands
92.8
 
93.1
 
92.1
 
92.5
 
92.4
 
92.4
 
91.3
 
86.2
 
New Zealand
101.7
 
102.0
 
105.5
 
109.0
 
115.4
 
113.7
 
122.4
 
..
 
Norway
90.3
 
92.6
 
93.1
 
92.5
 
94.0
 
85.4
 
..
 
..
 
Poland
89.7
 
91.7
 
93.9
 
95.1
 
96.9
 
95.3
 
93.7
 
93.3
 
Portugal
92.4
 
93.3
 
94.1
 
93.2
 
93.3
 
51.0
 
93.5
 
91.1
 
Slovak Republic
78.1
 
..
 
80.9
 
83.1
 
87.3
 
87.5
 
86.9
 
85.5
 
Slovenia
..
 
..
 
..
 
104.4
 
93.9
 
86.5
 
87.3
 
87.2
 
Spain
90.5
 
91.1
 
88.4
 
90.7
 
91.0
 
92.0
 
92.4
 
94.3
 
Sweden
93.3
 
94.3
 
94.4
 
93.5
 
92.9
 
92.3
 
92.6
 
92.9
 
Switzerland
53.3
 
54.6
 
52.9
 
52.6
 
51.9
 
93.2
 
91.8
 
93.0
 
Turkey
69.0
 
70.2
 
71.1
 
71.5
 
72.5
 
73.9
 
76.9
 
74.9
 
United Kingdom
80.8
 
83.1
 
87.4
 
88.7
 
87.7
 
..
 
..
 
81.5
 
United States
71.4
 
71.1
 
77.8
 
72.8
 
72.7
 
70.2
 
73.9
 
74.0
 
European Union (15 countries)
86.5
 
87.6
 
89.3
 
90.0
 
87.7
 
90.7
 
92.0
 
88.5
 
NAFTA
72.1
 
71.9
 
78.3
 
73.3
 
73.4
 
70.6
 
74.2
 
74.1
 
OECD
79.6
 
80.1
 
84.1
 
82.0
 
80.9
 
79.4
 
81.9
 
81.3
 
..
Not available
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Information on data for Israel: http://oe.cd/israel-disclaimer.

 
 
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