International capital developments

Ensuring that global rules deliver value to policyholders

Following the financial crisis, the International Association of Insurance Supervisors (IAIS) launched the ComFrame project, which aimed to develop a common framework for supervising internationally active insurance groups (IAIGs). This has now transformed into a much more ambitious project, namely developing capital standards for IAIGs.

Given the diversity of regulatory systems around the world, a considerable amount of work needs to be done to ensure that these new rules both achieve their initial goals and do not cause unintended consequences. This is why Insurance Europe is engaging with policymakers around the world to ensure that the new rules deliver real value to policyholders, without placing unnecessary burdens on the insurance industry.

For more information, see also our Annual Report 2016-2017 article on the global insurance capital standard.

Worldwide insurance premiums

World Premiums, USDbn	Europe	Asia	North America	Latin America	Oceania	Other
2007	1751	817	1340	91	64	53
2008	1683	929	1346	108	72	55
2009	1591	1008	1252	109	60	59
2010	1592	1169	1279	131	88	63
2011	1627	1279	1346	156	102	69
2012	1540	1337	1398	168	105	72
2013	1618	1256	1391	174	108	70
2014	1695	1316	1398	180	118	70
2015	1491	1352	1433	161	97	64
2016	1470	1494	1467	149	93	61
Colour	#002957	#82c55b	#662d91	#23a2b2	red	orange

Stacked Area

Hover over the chart for each data point.

Source: Swiss Re Sigma

European insurers investment portfolio

	Total insurers' investment portfolio, €bn	Growth rate, %
2007	7187.6
2008	6337.1	-7.8
2009	7056.5	10.8
2010	7615.1	6.3
2011	7714	0.6
2012	8431.4	8.6
2013	9216.9	14.7
2014	9552.6	-0.6
2015	9889.4	1.7
2016	10112.5	7.3
Colour	#82c55b	#ffffff
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Candlestick

Hover over the bars for each data point, or click on a bar to see life or non-life premiums by country data.

Notes:
Nominal €-values at current end-of-year exchange rates
Nominal %-growth at constant end-of-year exchange rates
Figures are for Domestic Market (business written on home territory by domestic companies, including subsidiaries + 3rd country branches), unless stated otherwise
Size of the sample (as % of total premiums): 99.81%