Emerging markets will remain the growth engine for the global economy and the insurance industry over the next decade, according to the latest sigma report from Swiss Re Institute, published in March 2019. The study explores how the seven largest emerging markets will contribute more than 40% of global growth in the next decade, with China accounting for over a quarter of the global output. (The seven largest emerging

Swiss Re’s annual sigma report on premium volumes and growth trends for 2018 reveals that global life premiums increased to roughly USD 2.7 trillion in 2017, while global non-life premiums rose to about USD 2.2 trillion, while growth in both the life and non-life sectors slowed, partly due to falling life premiums in advanced markets such as the U.S. or Western Europe. Nevertheless, emerging markets remain an important driver