Data on selected insurance markets



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Data on selected insurance markets Economic Research Munich, March 205

Germany CAGR* 2004 204: 2.6% CAGR* 2004 204:.% Macroeconomics & wealth, 204 Asset classes as % of gross financial assets, 204 82.7mn Real GDP growth.6% Inflation 0.9% Premiums as % of GDP: Life/ P&C 3.%/ 2.3% Premiums per capita: Life/ P&C EUR,070/ EUR 770 EUR 5,23 Mrd. EUR,60 Mrd. Net financial assets per capita EUR 44,770

France CAGR* 2004 204: 3.% CAGR* 2004 204: 2.7% Macroeconomics & wealth, 204 Asset classes as % of gross financial assets, 204 64.6mn Real GDP growth 0.2% Inflation 0.6% Premiums as % of GDP: Life/ P&C 6.2%/ 2.9% Premiums per capita: Life/ P&C EUR,980/ EUR 930 EUR 4,678 Mrd. EUR,396 Mrd. Net financial assets per capita EUR 50,770

Italy CAGR* 2004 204: 5.5% CAGR* 2004 204: 0.0% Macroeconomics & wealth, 204 Asset classes as % of gross financial assets, 204 6.mn Real GDP growth -0.4% Inflation 0.2% Premiums as % of GDP: Life/ P&C 7.2%/ 2.% Premiums per capita: Life/ P&C EUR,850/ EUR 540 EUR 3,934 Mrd. EUR 96 Mrd. Net financial assets per capita EUR 49,420

Spain CAGR* 2004 204: 3.% CAGR* 2004 204:.2% Macroeconomics & wealth, 204 Asset classes as % of gross financial assets, 204 47.mn Real GDP growth.4% Inflation -0.2% Premiums as % of GDP: Life/ P&C 2.4%/ 2.3% Premiums per capita: Life/ P&C EUR 530/ EUR 500 EUR,983 Mrd. EUR 80 Mrd. Net financial assets per capita EUR 24,920

USA CAGR* 2004 204:.9% CAGR* 2004 204: 2.4% Macroeconomics & wealth, 204 Asset classes as % of gross financial assets, 204 322.6mn Real GDP growth 2.4% Inflation.6% Premiums as % of GDP: Life/ P&C 3.3%/ 3.2% Premiums per capita: Life/ P&C EUR,350/ EUR,290 EUR 56,456 Mrd. EUR,709 Mrd. Net financial assets per capita EUR 38,70 Note: The conversion of premium income into EUR is based on the fixed exchange rate at the end of 204.

Brazil CAGR* 2004 204: 20.4% CAGR* 2004 204: 2.9% Macroeconomics & wealth, 204 Asset classes as % of gross financial assets, 204 202.0mn Real GDP growth 0.% Inflation 6.3% Premiums as % of GDP: Life/ P&C.8%/.4% Premiums per capita: Life/ P&C EUR 50/ EUR 0 EUR,204 Mrd. EUR 804 Mrd. Net financial assets per capita EUR,970 Note: The conversion of premium income into EUR is based on the fixed exchange rate at the end of 204.

Russia CAGR* 2004 204: -3.4% CAGR* 2004 204: 3.8% Macroeconomics & wealth, 204 Asset classes as % of gross financial assets, 204 42.5mn Real GDP growth 0.6% Inflation 7.8% Premiums as % of GDP: Life/ P&C 0.2%/.% Premiums per capita: Life/ P&C EUR 5/ EUR 00 EUR 297 Mrd. EUR 69 Mrd. Net financial assets per capita EUR 900 Note: The conversion of premium income into EUR is based on the fixed exchange rate at the end of 204.

China CAGR* 2004 204: 3.6% CAGR* 2004 204: 20.8% Macroeconomics & wealth, 204 Asset classes as % of gross financial assets, 204,393.8mn Real GDP growth 7.3% Inflation 2.0% Premiums as % of GDP: Life/ P&C.7%/.2% Premiums per capita: Life/ P&C EUR 00/ EUR 70 EUR 4,223 Mrd. EUR 3,084 Mrd. Net financial assets per capita EUR 7,990 Note: The conversion of premium income into EUR is based on the fixed exchange rate at the end of 204.