Total insurance protection gap vs Property catastrophe bond issuance

In 2023, total insurance protection gap worldwide stood at 1.83 trillion USD, against 14,971 million USD for property catastrophe bond issuance.

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Global, spaced by time. Both series are in million USD, so they share one axis; the legend names each line.

Total insurance protection gap and Property catastrophe bond issuance

Unit: million USD · 12 observations

2 series · one axis

Estimates are listed as such in the table below

Total insurance protection gap and Property catastrophe bond issuance: GlobalTotal insurance protection gap and Property catastrophe bond issuance. 2 indicators on one axis: Total insurance protection gap, Property catastrophe bond issuance. 12 observations from 2016 to 2025, ranging from 5,338 million USD to 1,830,000 million USD. Latest values: Total insurance protection gap 1,830,000 million USD (2023); Property catastrophe bond issuance 23,874 million USD (2025). million USD 0 500,000 1M 1.5M 2M 2016 2018 2020 2022 2024 1,830,000 23,874 Total insurance protection gap Property catastrophe bond issuance
Total insurance protection gap and Property catastrophe bond issuance: GlobalTotal insurance protection gap and Property catastrophe bond issuance. 2 indicators on one axis: Total insurance protection gap, Property catastrophe bond issuance. 12 observations from 2016 to 2025, ranging from 5,338 million USD to 1,830,000 million USD. Latest values: Total insurance protection gap 1,830,000 million USD (2023); Property catastrophe bond issuance 23,874 million USD (2025). million USD 0 500,000 1M 1.5M 2M 2016 2018 2020 2022 2024 1,830,000 23,874 Total insurance protection gap Property catastrophe bond issuance
Total insurance protection gap and Property catastrophe bond issuance: GlobalTotal insurance protection gap and Property catastrophe bond issuance. 2 indicators on one axis: Total insurance protection gap, Property catastrophe bond issuance. 12 observations from 2016 to 2025, ranging from 5,338 million USD to 1,830,000 million USD. Latest values: Total insurance protection gap 1,830,000 million USD (2023); Property catastrophe bond issuance 23,874 million USD (2025). million USD 0 500,000 1M 1.5M 2M 2016 2018 2020 2022 2024 1,830,000 23,874 Total insurance protection gap Property catastrophe bond issuance
View the underlying data
Total insurance protection gap and Property catastrophe bond issuance: Global
Indicator Period Type Value
Total insurance protection gap 2023 Estimate 1,830,000 million USD
Total insurance protection gap 2022 Actual 1,770,000 million USD
Property catastrophe bond issuance 2025 Actual 23,874 million USD
Property catastrophe bond issuance 2024 Actual 16,564 million USD
Property catastrophe bond issuance 2023 Actual 14,971 million USD
Property catastrophe bond issuance 2022 Actual 9,260 million USD
Property catastrophe bond issuance 2021 Actual 12,513 million USD
Property catastrophe bond issuance 2020 Actual 11,023 million USD
Property catastrophe bond issuance 2019 Actual 5,338 million USD
Property catastrophe bond issuance 2018 Actual 9,504 million USD
Property catastrophe bond issuance 2017 Actual 9,861 million USD
Property catastrophe bond issuance 2016 Actual 5,559 million USD
Source: Swiss Re, III · CC BY 4.0 · Total insurance protection gap · Property catastrophe bond issuance

Shared periods

Side by side

Only 2 periods are published for both series. Comparing anything else would mean comparing different years.

Period Total insurance protection gap Property catastrophe bond issuance
2022 1.77 trillion USD 9,260 million USD
2023 1.83 trillion USD 14,971 million USD

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 in Global · source organisations: Swiss Re

Property catastrophe bond issuance

Total risk capital issued through property catastrophe bonds.

10 observations in Global · source organisations: III

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

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