Insurance business written by class of insurance — Gross written in Bermuda
Bermuda: Insurance business written by class of insurance — Gross written was 7,504 Euro in 2024. ▲ Rising
Latest (2024)
7,504 Euro
Change on year
up 1.4%
World rank
9th
of 44 countries
All-time high
7,504 Euro
in 2024
All-time low
1,146 Euro
in 2022
Years of data
6
2019–2024
Insurance business written by class of insurance — Gross written in Bermuda, 2019–2024
Source: Organisation for Economic Co-operation and Development. Measured in Euro.
Analysis
Bermuda recorded 7,504 Euro for insurance business written by class of insurance — gross written in 2024. That is the highest value across all 6 years on record.
The figure is up 1.4% on the previous year and up 72.8% over ten years.
Bermuda ranks 9th of 44 countries on this measure, in the top quarter.
Insurance business written by class of insurance — Gross written in Bermuda, year by year
| Year | Euro | Change |
|---|---|---|
| 2019 | 4,344 Euro | — |
| 2020 | 6,291 Euro | +44.8% |
| 2021 | 4,750 Euro | -24.5% |
| 2022 | 1,146 Euro | -75.9% |
| 2023 | 7,400 Euro | +545.7% |
| 2024 | 7,504 Euro | +1.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 4,344 Euro | 4,344 Euro | 4,344 Euro | 1 |
| 2020s | 5,418 Euro | 1,146 Euro | 7,504 Euro | 5 |
Countries ranked near Bermuda
More economy & growth data for Bermuda
- Imports of goods and services (constant 2015 US$), annual growth rate 4.57 % change on previous year (2024)
- Imports of goods and services (current US$), per unit of GDP 0.2506 current US$ per US$ of GDP (2024)
- Imports of goods and services (current US$), per capita 35,647 current US$ per person (2024)
- Imports of goods and services (current LCU), annual growth rate 7.63 % change on previous year (2024)
- Imports of goods and services (current LCU), per unit of GDP 0.2506 current LCU per US$ of GDP (2024)
- Imports of goods and services (current LCU), per capita 35,647 current LCU per person (2024)
- Imports of goods and services (constant 2015 US$), per capita 26,786 constant 2015 US$ per person (2024)
- External balance on goods and services (current LCU), annual growth 15.37 % change on previous year (2024)
- External balance on goods and services (current US$), annual growth 15.37 % change on previous year (2024)
- Imports of goods and services (current US$), annual growth rate 7.63 % change on previous year (2024)
Frequently asked questions
- What is insurance business written by class of insurance — gross written in Bermuda?
- Insurance business written by class of insurance — gross written in Bermuda was 7,504 Euro in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest insurance business written by class of insurance — gross written recorded in Bermuda?
- The highest recorded value was 7,504 Euro in 2024.
- What is the lowest insurance business written by class of insurance — gross written recorded in Bermuda?
- The lowest recorded value was 1,146 Euro in 2022.
- How does Bermuda rank for insurance business written by class of insurance — gross written?
- Bermuda ranks 9th out of 44 countries with data for 2024.
- Is insurance business written by class of insurance — gross written rising or falling in Bermuda?
- Over the last ten years it is up 72.8%. The long-run trend across the full record is rising.
- Where does this Bermuda data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Insurance business written by class of insurance — Gross written premiums. Statizoid updates them automatically from the source API.
Download this data
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About this data
This dataset covers the breakdown of premiums by insurance class for life and non-life insurance.