Korea vs United States of America: Insurance business written by class of insurance — Gross written
Korea
36,830 Euro
in 2023
United States of America
1.21 million Euro
in 2024
Korea rank
1st
United States of America rank
1st
Insurance business written by class of insurance — Gross written over time
- Korea
- United States of America
How they compare
United States of America currently reports 1.21 million Euro against 36,830 Euro in Korea, a difference of 1.17 million Euro.
That makes United States of America's figure about 32.8 times Korea's.
Across all 27 years both countries report, United States of America has been ahead every year.
Korea ranks 1st and United States of America ranks 1st of 3 groups.
United States of America has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Korea | United States of America | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 2,892 Euro | 171,111 Euro | 168,220 Euro | United States of America |
| 2000s | 5,196 Euro | 298,346 Euro | 293,150 Euro | United States of America |
| 2010s | 21,423 Euro | 533,018 Euro | 511,596 Euro | United States of America |
| 2020s | 34,720 Euro | 962,246 Euro | 927,526 Euro | United States of America |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance business written by class of insurance — gross written, Korea or United States of America?
- United States of America, at 1.21 million Euro against 36,830 Euro in Korea as of 2024.
- What is the difference in insurance business written by class of insurance — gross written between Korea and United States of America?
- 1.17 million Euro, with United States of America ahead.
- How many years of comparable data are there for Korea and United States of America?
- 27 years are reported by both, from 1994 to 2023.
- How do Korea and United States of America rank globally for insurance business written by class of insurance — gross written?
- Korea ranks 1st and United States of America ranks 1st of 3 groups.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Insurance business written by class of insurance — Gross written premiums. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
This dataset covers the breakdown of premiums by insurance class for life and non-life insurance.