We forecast global insurance demand to grow faster than its long-term trend rate in 2022 and 2023.

Real insurance premium forecasts, global regions

2021E

2022F–23F

  Total Non-Life Life
 
World
 
Advanced markets
North America
EMEA
Asia-Pacfic
 
Emerging markets
Excl. China
China

Note: Total insurance premium forecasts are for life and non-life combined. Icons show direction of deviation from long-term trend (2005–2020) for each region. Green triangle indicates a growth rate 0.5% or more above the long-term trend; dash indicates +/–0.5% relative to long-term trend, and red triangle 0.5% or more below the long-term trend.

Source: Swiss Re Institute