Total insurance protection gap vs Life insurance premium growth (real)

In 2023, total insurance protection gap worldwide was 1.83 trillion USD; life insurance premium growth (real) was 8.4%.

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The series

Over time

Global, annual figures, spaced by time from 2022 to 2023 . Different units, drawn on separate scales and clipped to the years both series publish; earlier history stays on each indicator’s own page. Read the values, not the heights.

Total insurance protection gap

Unit: trillion USD · 2 observations

Line chart

Estimates are listed as such in the table below

Total insurance protection gapTotal insurance protection gap. 2 observations from 2022 to 2023, ranging from 1.77 trillion USD to 1.83 trillion USD. Latest value 1.83 trillion USD (2023). trillion USD 0 0.5 1 1.5 2 2022 2023 1.77 1.83
Total insurance protection gapTotal insurance protection gap. 2 observations from 2022 to 2023, ranging from 1.77 trillion USD to 1.83 trillion USD. Latest value 1.83 trillion USD (2023). trillion USD 0 0.5 1 1.5 2 2022 2023 1.77 1.83
Total insurance protection gapTotal insurance protection gap. 2 observations from 2022 to 2023, ranging from 1.77 trillion USD to 1.83 trillion USD. Latest value 1.83 trillion USD (2023). trillion USD 0 0.5 1 1.5 2 2022 2023 1.77 1.83
View the underlying data
Total insurance protection gap
Period Type Value
2022 Actual 1.77 trillion USD
2023 Estimate 1.83 trillion USD
Source: Swiss Re · CC BY 4.0 · Full series

Life insurance premium growth (real)

Unit: % · 2 observations

Line chart
Life insurance premium growth (real)Life insurance premium growth (real). 2 observations from 2022 to 2023, ranging from -4.7% to 8.4%. Latest value 8.4% (2023). % -6 -3 0 3 6 9 2022 2023 -4.7% 8.4%
Life insurance premium growth (real)Life insurance premium growth (real). 2 observations from 2022 to 2023, ranging from -4.7% to 8.4%. Latest value 8.4% (2023). % -5 0 5 10 2022 2023 -4.7% 8.4%
Life insurance premium growth (real)Life insurance premium growth (real). 2 observations from 2022 to 2023, ranging from -4.7% to 8.4%. Latest value 8.4% (2023). % -5 0 5 10 2022 2023 -4.7% 8.4%
View the underlying data
Life insurance premium growth (real)
Period Type Value
2022 Actual -4.7%
2023 Actual 8.4%
Source: Swiss Re · CC BY 4.0 · Full series

Shared periods

Side by side

2 periods are published for both series as annual figures on the same basis. Comparing anything else would mean comparing different periods.

Period Total insurance protection gap Life insurance premium growth (real)
2022 1.77 trillion USD Swiss Re -4.7% Swiss Re
2023 1.83 trillion USD Swiss Re 8.4% Swiss Re

Provenance

Where these numbers come from

Total insurance protection gap

Uninsured portion of resources needed to fully mitigate risk across perils, measured in premium equivalent terms.

2 observations charted in Global · source organisations: Swiss Re

Life insurance premium growth (real)

Annual real (inflation-adjusted) growth rate of life insurance premiums.

2 observations charted in Global (of 4 annual records) · source organisations: Swiss Re

Data published under CC BY 4.0. Series A as JSON · Series B as JSON

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