Korea vs United States of America: Balance sheet and income statement of insurance companies — Gross
Balance sheet and income statement of insurance companies — Gross over time
- Korea
- United States of America
How they compare
United States of America currently reports 1.67 million Euro against 615,670 Euro in Korea, a difference of 1.06 million Euro.
That makes United States of America's figure about 2.7 times Korea's.
The two have swapped places 2 times across 14 shared years of data; in 2009 it was United States of America ahead.
Korea ranks 1st and United States of America ranks 4th of 3 groups.
United States of America has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Korea | United States of America | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 224,280 Euro | 357,924 Euro | 133,644 Euro | United States of America |
| 2010s | 483,555 Euro | 627,247 Euro | 143,692 Euro | United States of America |
| 2020s | 663,229 Euro | 1.31 million Euro | 647,721 Euro | United States of America |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher balance sheet and income statement of insurance companies — gross, Korea or United States of America?
- United States of America, at 1.67 million Euro against 615,670 Euro in Korea as of 2024.
- What is the difference in balance sheet and income statement of insurance companies — gross between Korea and United States of America?
- 1.06 million Euro, with United States of America ahead.
- How many years of comparable data are there for Korea and United States of America?
- 14 years are reported by both, from 2009 to 2023.
- How do Korea and United States of America rank globally for balance sheet and income statement of insurance companies — gross?
- Korea ranks 1st and United States of America ranks 4th of 3 groups.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Balance sheet and income statement of insurance companies — Gross technical provisions. Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
This dataset covers multiple items pertaining to the balance sheet and income statement of direct insurers and reinsurers, such as assets, technical provisions, shareholders' equity, net income, gross claims paid, gross operating expenses, commissions and changes in outstanding claims provisions.