Korea vs United Kingdom of Great Britain and Northern Ireland: Insurance business written by class of insurance — Premiums ceded
Korea
2,129 Euro
in 2023
United Kingdom of Great Britain and Northern Ireland
2,977 Euro
in 2024
Korea rank
1st
United Kingdom of Great Britain and Northern Ireland rank
3rd
Insurance business written by class of insurance — Premiums ceded over time
- Korea
- United Kingdom of Great Britain and Northern Ireland
How they compare
United Kingdom of Great Britain and Northern Ireland currently reports 2,977 Euro against 2,129 Euro in Korea, a difference of 848 Euro.
That makes United Kingdom of Great Britain and Northern Ireland's figure about 1.4 times Korea's.
The two have swapped places 1 time across 17 shared years of data; in 1994 it was United Kingdom of Great Britain and Northern Ireland ahead.
Korea ranks 1st and United Kingdom of Great Britain and Northern Ireland ranks 3rd of 3 groups.
Across the 4 decades both report, Korea averaged higher in 2 and United Kingdom of Great Britain and Northern Ireland in 2.
Head to head by decade
| Decade | Korea | United Kingdom of Great Britain and Northern Ireland | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 181.76 Euro | 975.3 Euro | 793.54 Euro | United Kingdom of Great Britain and Northern Ireland |
| 2000s | 366.49 Euro | 1,187 Euro | 820.43 Euro | United Kingdom of Great Britain and Northern Ireland |
| 2010s | 2,484 Euro | 2,451 Euro | 33.18 Euro | Korea |
| 2020s | 3,044 Euro | 1,430 Euro | 1,614 Euro | Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance business written by class of insurance — premiums ceded, Korea or United Kingdom of Great Britain and Northern Ireland?
- United Kingdom of Great Britain and Northern Ireland, at 2,977 Euro against 2,129 Euro in Korea as of 2024.
- What is the difference in insurance business written by class of insurance — premiums ceded between Korea and United Kingdom of Great Britain and Northern Ireland?
- 848 Euro, with United Kingdom of Great Britain and Northern Ireland ahead.
- How many years of comparable data are there for Korea and United Kingdom of Great Britain and Northern Ireland?
- 17 years are reported by both, from 1994 to 2023.
- How do Korea and United Kingdom of Great Britain and Northern Ireland rank globally for insurance business written by class of insurance — premiums ceded?
- Korea ranks 1st and United Kingdom of Great Britain and Northern Ireland ranks 3rd 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 — 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.