Quick Look into Global Insurance

A Quick Look into Global Insurance
In industrialized countries, life premiums fell by 5.3%. However, several countries around the world experienced a sales growth in fixed insurance products not linked to capital markets.
In 2008, despite the global recession, life premiums increased by 14.6% in emerging economies. High commodity prices favoring various Latin American countries helped lessen the adverse impact on these countries’ economic performance, compared to other regions.
www.swissre.com World insurance in 2008: Life premiums fall in industrialized countries.