Key Market Indicators
Australian life insurance gross written premium is set to reach a whopping $37 billion by 2026. In 2021, it totalled $38 billion – a slight decrease of 0.6% compared to the previous year. Since 2015, however, the supply has grown by a small 0.1% each year. In 2021, Australia was in position 14, Brazil overtook with $37.81 billion, followed by Japan, China and the United Kingdom in second, third and fourth place respectively.