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OECD Insurance Statistics 2016

image of OECD Insurance Statistics 2016

This annual publication shows official insurance statistics for all OECD countries including data on premiums collected, claims, and commissions by type of insurance; investments by type of investment; and numbers of companies and employees. 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 also includes an analytical chapter highlighting the underlying reasons for the trends notably in gross premium growth, and claims developments between 2014 and 2015 in the OECD and selected non-OECD economies from Africa, Asia, Europe and Latin America.

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Executive summary

The OECD has been collecting insurance statistics for many years, with data on the insurance sector dating back to the early 1980s. In response to the financial crisis, the Global Insurance Statistics (GIS) project was launched as part of the OECD’s insurance market monitoring activities. The main objective was to expand the scope of the OECD’s statistical framework for insurance and extend its global reach, with a view to enhancing the transparency of insurance markets. These changes led to the collection of key balance sheet and income statement items for the direct insurance and reinsurance sectors, and to the geographical expansion of the OECD’s Global Insurance Statistics Database.

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