While global insurance premiums increased in 2016 across all insurance sectors, P&C profitability declined again, according to the latest Swiss Re Institute sigma study.

The study, titled "World insurance in 2016: the China growth engine steams ahead," reports that global insurance premiums increased by 3.1% in real terms in 2016. Non-life premiums — which includes property & casualty and health insurance — grew 3.7% in 2016, reflecting relatively solid expansion among the emerging countries and another exceptional performance in China.

Continue Reading for Free

Register and gain access to:

  • 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

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.