Korea vs United States of America: Insurance business written by class of insurance — Premiums ceded
Korea
2,129 Euro
in 2023
United States of America
76,254 Euro
in 2024
Korea rank
1st
United States of America rank
1st
Insurance business written by class of insurance — Premiums ceded over time
- Korea
- United States of America
How they compare
United States of America currently reports 76,254 Euro against 2,129 Euro in Korea, a difference of 74,125 Euro.
That makes United States of America's figure about 35.8 times Korea's.
Across all 24 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 | 222.53 Euro | 12,439 Euro | 12,216 Euro | United States of America |
| 2000s | 366.49 Euro | 34,722 Euro | 34,355 Euro | United States of America |
| 2010s | 1,789 Euro | 51,923 Euro | 50,134 Euro | United States of America |
| 2020s | 3,044 Euro | 48,156 Euro | 45,112 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 — premiums ceded, Korea or United States of America?
- United States of America, at 76,254 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 States of America?
- 74,125 Euro, with United States of America ahead.
- How many years of comparable data are there for Korea and United States of America?
- 24 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 — premiums ceded?
- 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 — 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.