How big is the global insurance market?
Property catastrophe bond issuance worldwide stood at 23,874 million USD in 2025 (III).
266 verified statistics on the insurance industry, drawn from 5 primary sources and covering 7 regions. Every figure links to the report it came from.
At a glance
The lead series for this industry. Forecasts are dashed with hollow markers. Download the underlying rows from the data table below.
Global, 2016 to 2025
| Period | Type | Value |
|---|---|---|
| 2016 | Actual | 5,559 million USD |
| 2017 | Actual | 9,861 million USD |
| 2018 | Actual | 9,504 million USD |
| 2019 | Actual | 5,338 million USD |
| 2020 | Actual | 11,023 million USD |
| 2021 | Actual | 12,513 million USD |
| 2022 | Actual | 9,260 million USD |
| 2023 | Actual | 14,971 million USD |
| 2024 | Actual | 16,564 million USD |
| 2025 | Actual | 23,874 million USD |
The short version
Each line is a complete, citable statement. Use the copy button to take the citation with the number.
Answered from the data
Property catastrophe bond issuance worldwide stood at 23,874 million USD in 2025 (III).
Commercial lines earnings growth came in at 4% in Q1 2026 (AXA).
Uninsured disaster loss share (annual) stood at 57% in 2024 (Swiss Re).
Munich Re projects global Specialty Insurance combined ratio forecast at 90% in 2026.
Every figure on this page traces to a primary source: 5 organisations publish the underlying data, and the dataset spans 2009 to 2035. The full source table lists each report, its publication date and the original link.
The dataset was last verified on 15 September 2026. Annual series are refreshed when the publisher releases a new edition; corrections are accepted at any time and answered within 48 hours.
Visualised
Rendered as plain SVG, so they work with JavaScript disabled and can be embedded anywhere. Forecasts are drawn dashed, with hollow markers.
Global, 2016 to 2025
| Period | Type | Value |
|---|---|---|
| 2016 | Actual | 7,053 million USD |
| 2017 | Actual | 12,685 million USD |
| 2018 | Actual | 13,875 million USD |
| 2019 | Actual | 11,094 million USD |
| 2020 | Actual | 16,850 million USD |
| 2021 | Actual | 20,286 million USD |
| 2022 | Actual | 11,674 million USD |
| 2023 | Actual | 17,844 million USD |
| 2024 | Actual | 18,221 million USD |
| 2025 | Actual | 25,805 million USD |
Global, 2016–2025 to as of 30 Jun 2026
Estimates are listed as such in the table below No figure published for these periods
The complete table
Grouped by indicator. Every row links to its own page with the full source, quote and citation. The CSV includes provenance columns so each downloaded row stays citable.
266 data points across 132 indicators. Each line shows the latest value; open a line for earlier periods and forecasts.
Primary documents
The complete list of documents behind this page. Nothing is hidden and nothing is behind a disclosure.
| Document | Publisher | Authority tier | Published | Accessed | Locator | Data points |
|---|---|---|---|---|---|---|
| Half Year 2026 Earnings Press release | AXA | T2 National | — | 15 Sep 2026 | Thomas Buberl; Key 1H26 highlights | 16 |
| AXA announces its 2024-2026 strategy, setting ambitious new financial targets Press release | AXA | T2 National | — | 15 Sep 2026 | Increased main financial targets for 2024-2026 | 1 |
| Insurance Bureau of Canada Deploys On-the-Ground Support for BC Wildfire Evacuees and Affected Residents Press release | IBC | T2 National | — | 15 Sep 2026 | 2024 shatters record for costliest year for severe weather-related losses in Canadian history at $8.5 billion | 2 |
| Facts + Statistics: Distribution channels - Triple-I® Press release | III | T2 National | — | 15 Sep 2026 | Annuity distribution | 1 |
| Facts + Statistics: Catastrophe bonds and other insurance-linked securities - Triple-I® Press release | III | T2 National | — | 15 Sep 2026 | Catastrophe Bonds And Insurance-Linked Securities By Type By Year, 2016-2025 | 20 |
| Munich Re: Risks are becoming more global and more volatile – the value of reinsurance has never been more evident than it is today Press release | Munich Re | T2 National | 6 Sep 2026 | 15 Sep 2026 | Munich Re; In 2025, insured losses from non-peak perils exceeded US$ 100bn for the first time; Steadily increasing reinsurance capital: a reliable source of capital | 5 |
| Munich Re Group to Acquire Cyber Insurtech At-Bay Press release | Munich Re | T2 National | 19 Aug 2026 | 15 Sep 2026 | Group; Munich Re | 5 |
| Munich Re posts quarterly result of €2.2bn Press release | Munich Re | T2 National | 24 Jul 2026 | 15 Sep 2026 | Munich Re; Group | 7 |
| Annual General Meeting approves higher dividend of €24 per share Press release | Munich Re | T2 National | 29 Apr 2026 | 15 Sep 2026 | Annual General Meeting resolutions; Shareholder address by Christoph Jurecka, Chair of the Board of Management | 5 |
| Munich Re surpasses profit guidance for a fifth consecutive year, achieving every target of its Ambition 2025 strategy programme Press release | Munich Re | T2 National | 26 Feb 2026 | 15 Sep 2026 | ERGO: Result of €917m⁵; Summary of figures for the 2025 financial year and for Ambition 2025; Investments: Investment result of €7,514m | 108 |
| Lower losses, growing risks: the natural disaster review for the first half of 2026 Press release | Munich Re | T2 National | — | 15 Sep 2026 | Disclaimer; H1 2026 natural disasters in figures | 14 |
| sigma Resilience Index 2024: Encouraging resilience gains, but more is needed Press release | Swiss Re | T2 National | — | 15 Sep 2026 | Insurance resilience; Mortality resilience in China: life insurance is a key driver | 21 |
| sigma 5/2024: Global economic and insurance market outlook 2025-26 Press release | Swiss Re | T2 National | — | 15 Sep 2026 | Figure 5: Evolution of life insurance saving and risk premiums in volume (USD bn), left axis, and real growth (%), right axis; Figure 3: Global total insurance industry premium real growth rates and forecasts (2024 values in brackets); Figure 4: P&C insurance profitability, 2021‒2026F, % of net premiums earned, ROE and cost of capital, in % of capital | 13 |
| sigma 1/2025: Natural catastrophes: insured losses on trend to USD 145 billion in 2025 Press release | Swiss Re | T2 National | — | 15 Sep 2026 | Figure 4: Global natural catastrophe insured losses, the trend and modelled 1-in-10 year (USD bn, 2024 prices); Figure 1: Natural catastrophes in 2024: in a nutshell; Figure 2: Global natural catastrophe insured and uninsured losses, share of insured losses | 7 |
| sigma 2/2025: World insurance in 2025: a riskier, more fragmented world order Press release | Swiss Re | T2 National | — | 15 Sep 2026 | sigma 2/2025: World insurance: a riskier, more fragmented world order | 3 |
| sigma 5/2025: Shifting sands: global economic and insurance market outlook Press release | Swiss Re | T2 National | — | 15 Sep 2026 | sigma 5/2025: Shifting sands: Global economic and insurance market outlook | 4 |
| World Insurance in 2026: shock absorbers in a fragmenting world Press release | Swiss Re | T2 National | — | 15 Sep 2026 | Insurance as a shock absorber | 2 |
| sigma 2/2024: Life insurance in the higher interest rate era Press release | Swiss Re | T2 National | — | 15 Sep 2026 | Figure 6. European life insurance industry portfolio allocations, 2017-22; Figure 3. Retirement savings gap in 2022 values, USD trillion; Figure 1. Life insurer operating results and investment return, eight key markets, 2021‒27F | 8 |
| sigma 3/2024: World insurance: strengthening global resilience with a new lease of life Press release | Swiss Re | T2 National | — | 15 Sep 2026 | Insurance markets set for growth; Life insurance sector growth 2023, by market; The key takeaways of this sigma are: | 17 |
| sigma 1/2024: Natural catastrophes in 2023 Press release | Swiss Re | T2 National | — | 15 Sep 2026 | sigma 01/2024: Natural catastrophes in 2023; Spotlight on severe convective storms | 5 |
| Nat Cat sigma 1/2026 Press release | Swiss Re | T2 National | — | 15 Sep 2026 | When exposure outpaces adaptation | 1 |
| sigma 4/2024: Social inflation: litigation costs drive claims inflation Press release | Swiss Re | T2 National | — | 15 Sep 2026 | Social inflation: litigation costs drive claims inflation | 1 |
Report snapshots are retained internally for verification only and are never redistributed. Where a figure comes from a paywalled report, only the number published in its public summary is recorded.
All 266 collected records are published as verified.
Cite & reuse
Data on this page is published under CC BY 4.0. You may reuse it, including commercially, provided you attribute it.
StatOrigin. (2026). Insurance Industry Statistics. Retrieved from https://statorigin.org/industries/insurance
This page was last generated on 17 September 2026 from a verified dataset snapshot. It is rebuilt whenever the underlying data changes.