Swiss Re: global insurance premium reached record $5tn in 2018

·  Life and non-life premiums will grow around 3 percent in real terms over 2019/20  ·  US remains largest insurance market, followed by China and Japan – ongoing shift of insurance business east continues ·  By 2029, Asia-Pacific will account for 42 percent of global premium ·  China on course to become largest insurance market by mid-2030s