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 23 – Retention ratio (Non-life) You or your institution have access to this content

OECD
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OECD Insurance Statistics, Volume 2012 - © OECD 2012

International comparisons
‌23Retention ratio (Non-life)
Per cent
‌‌
2004
2005
2006
2007
2008
2009
‌2010‌
‌2011‌
Australia
73.4
 
75.0
 
74.6
 
73.4
 
73.7
 
77.2
 
76.6
 
74.9
 
Austria
74.8
 
74.0
 
73.9
 
74.7
 
73.1
 
..
 
..
 
..
 
Belgium
91.2
 
90.8
 
92.1
 
87.8
 
..
 
87.7
 
83.2
 
87.0
 
Canada
83.2
 
85.0
 
84.1
 
83.7
 
84.9
 
77.8
 
79.1
 
75.0
 
Chile
..
 
..
 
61.1
 
..
 
..
 
54.8
 
..
 
54.4
 
Czech Republic
60.5
 
62.2
 
68.5
 
72.3
 
71.8
 
72.9
 
69.2
 
68.8
 
Denmark
..
 
..
 
..
 
92.4
 
..
 
..
 
..
 
87.3
 
Estonia
..
 
..
 
..
 
..
 
..
 
..
 
92.6
 
92.5
 
Finland
91.1
 
92.4
 
93.8
 
93.5
 
93.7
 
100.0
 
94.2
 
94.3
 
France
84.0
 
82.7
 
85.7
 
86.5
 
83.8
 
85.2
 
84.9
 
84.3
 
Germany
81.0
 
81.2
 
82.9
 
83.5
 
84.4
 
..
 
..
 
..
 
Greece
75.7
 
78.1
 
83.8
 
82.1
 
81.8
 
81.7
 
83.2
 
82.2
 
Hungary
73.4
 
76.3
 
79.3
 
79.1
 
82.3
 
76.7
 
74.1
 
72.9
 
Iceland
83.2
 
..
 
..
 
94.0
 
93.5
 
93.8
 
92.9
 
93.7
 
Ireland
75.9
 
75.1
 
74.8
 
74.2
 
69.1
 
74.2
 
70.9
 
69.3
 
Israel 1
..
 
..
 
77.4
 
79.5
 
77.7
 
74.2
 
76.4
 
75.1
 
Italy
88.8
 
89.0
 
89.4
 
89.0
 
90.0
 
89.2
 
89.4
 
90.0
 
Japan
80.4
 
80.7
 
80.3
 
80.8
 
82.0
 
81.7
 
81.4
 
80.2
 
Korea
85.2
 
84.8
 
85.7
 
86.5
 
86.8
 
87.5
 
88.8
 
..
 
Luxembourg
70.7
 
66.5
 
69.9
 
62.9
 
67.7
 
67.4
 
70.7
 
64.1
 
Mexico
74.0
 
76.1
 
78.2
 
75.3
 
76.6
 
69.9
 
75.1
 
72.5
 
Netherlands
88.0
 
88.7
 
85.2
 
86.2
 
86.6
 
89.0
 
86.6
 
77.2
 
New Zealand
82.2
 
84.4
 
86.6
 
89.4
 
88.2
 
87.1
 
87.0
 
..
 
Norway
81.4
 
84.4
 
84.5
 
84.2
 
86.8
 
85.4
 
..
 
..
 
Poland
84.3
 
84.8
 
87.4
 
89.8
 
91.8
 
91.3
 
87.6
 
85.9
 
Portugal
84.4
 
82.1
 
85.3
 
82.3
 
80.4
 
79.4
 
78.6
 
78.8
 
Slovak Republic
67.0
 
..
 
68.6
 
70.7
 
75.5
 
75.2
 
73.0
 
71.0
 
Slovenia
..
 
..
 
..
 
86.8
 
86.8
 
83.2
 
84.2
 
84.3
 
Spain
85.2
 
86.1
 
86.1
 
84.6
 
84.5
 
86.2
 
87.3
 
90.5
 
Sweden
87.5
 
88.5
 
89.1
 
89.5
 
88.9
 
87.0
 
87.4
 
87.9
 
Switzerland
..
 
..
 
..
 
..
 
158.3
 
87.7
 
85.2
 
87.0
 
Turkey
62.7
 
65.5
 
66.1
 
68.1
 
68.9
 
70.8
 
74.3
 
71.4
 
United Kingdom
76.6
 
77.3
 
76.9
 
79.1
 
85.1
 
..
 
..
 
84.6
 
United States
64.3
 
63.6
 
65.2
 
65.4
 
65.3
 
65.9
 
66.9
 
67.1
 
European Union (15 countries)
81.9
 
82.1
 
83.2
 
83.9
 
84.5
 
86.4
 
85.8
 
85.2
 
NAFTA
65.3
 
64.7
 
66.2
 
66.5
 
66.6
 
66.4
 
67.5
 
67.5
 
OECD
71.5
 
71.1
 
72.2
 
73.0
 
74.2
 
71.5
 
72.2
 
72.3
 
..
Not available
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1.
Information on data for Israel: http://oe.cd/israel-disclaimer.

 
 
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