Insurers' global results for 2004 showed the industry continued expanding and regaining strength, with inflation-adjusted premiums rising by 2.3 percent, to $3.244 trillion, Swiss Re reported today.

The large, Zurich-based reinsurer's "sigma" study includes a prediction that this year the non-life insurance sector will decelerate while life will see a gain in momentum.

According to the company's figures, $1.395 trillion in premium revenue came from non-life business and $1.849 trillion from life business.

Recommended For You

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.