Emerging countries, growth in non-life insurance premiums

According to a recent report from reinsurance broker JLT Re on seven markets (China, India, Thailand, Brazil, Mexico, Kenya and South Africa), emerging economies are expected to experience a sharp increase in their non life production over the next five years.

The improved insurance penetration coupled with the growth of gross domestic products would be supporting this trend.

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• The emerging countries will generate 25% of insurance premiums in 2025
• Growth of non life premiums in emerging countries