Canada vs Korea: Insurance business written by class of insurance — Premiums ceded
Canada
2,270 Euro
in 2018
Korea
2,129 Euro
in 2023
Canada rank
4th
Korea rank
1st
Insurance business written by class of insurance — Premiums ceded over time
- Canada
- Korea
How they compare
Canada currently reports 2,270 Euro against 2,129 Euro in Korea, a difference of 141 Euro.
That makes Canada's figure about 1.1 times Korea's.
The two have swapped places 2 times across 20 shared years of data; in 1994 it was Korea ahead.
Canada ranks 4th and Korea ranks 1st of 40 countries.
Canada has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Canada | Korea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 360.91 Euro | 222.53 Euro | 138.38 Euro | Canada |
| 2000s | 1,691 Euro | 366.49 Euro | 1,325 Euro | Canada |
| 2010s | 5,183 Euro | 1,789 Euro | 3,395 Euro | Canada |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance business written by class of insurance — premiums ceded, Canada or Korea?
- Canada, at 2,270 Euro against 2,129 Euro in Korea as of 2018.
- What is the difference in insurance business written by class of insurance — premiums ceded between Canada and Korea?
- 141 Euro, with Canada ahead.
- How many years of comparable data are there for Canada and Korea?
- 20 years are reported by both, from 1994 to 2018.
- How do Canada and Korea rank globally for insurance business written by class of insurance — premiums ceded?
- Canada ranks 4th and Korea ranks 1st of 40 countries.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Insurance business written by class of insurance — Premiums ceded. 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.