Kuwait: Life insurance volume
* indicates monthly or quarterly data series
Kuwait |
Life insurance premium volume, percent of GDP |
---|---|
Latest value | 0.09 |
Year | 2018 |
Measure | percent |
Data availability | 1992 - 2018 |
Average | 0.11 |
Min - Max | 0.07 - 0.17 |
Source | Swiss Re |
The latest value from 2018 is 0.09 percent, a decline from 0.12 percent in 2017. In comparison, the world average is 1.56 percent, based on data from 147 countries. Historically, the average for Kuwait from 1992 to 2018 is 0.11 percent. The minimum value, 0.07 percent, was reached in 1993 while the maximum of 0.17 percent was recorded in 2001.
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Definition: Ratio of life insurance premium volume to GDP. Premium volume is the insurer's direct premiums earned (if Property/Casualty) or received (if Life/Health) during the previous calendar year. Premium data are taken from various issues of Sigma reports (Swiss Re). Data on GDP in US dollars is from the electronic version of the World Development Indicators.
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Related indicators | Latest | Reference | Measure |
---|---|---|---|
Stock market capitalization, percent of GDP | 83.52 | 2022 | percent |
Stock market capitalization, in dollars | 152.68 | 2022 | billion U.S. dollars |
Stock market turnover ratio | 27.85 | 2022 | percent |
Listed companies | 148 | 2022 | companies |
Stock market value traded | 23.26 | 2022 | percent |
Stock market return | 0.00 | 2021 | percent |
Stock price volatility | 9.07 | 2021 | percent |
Life insurance volume | 0.09 | 2018 | percent |
Non-life insurance premium volume | 0.33 | 2018 | percent |
Insurance company assets | 1.66 | 2011 | percent |
Nonbank financial institutions assets to GDP | 2.71 | 2018 | percent |