Global Insurance Potential Index – MAPFRE GIP 2019
This report shows the updated MAPFRE GIP (Global Insurance Potential Index) for 96 insurance markets, both developed and emerging. The index was originally provided in 2018, based on analysis of economic and demographic factors used to determine the Insurance Protection Gap, as well as the measurement of the ability to close the insurance gap in each market (speed of convergence of penetration levels and density of developed markets). It measures this potential based, on the one hand, on the countries’ capacities to create an insurance gap, and on the other hand, to materialize that capacity in effective growth in the insurance market.
Global Insurance Potential Index – MAPFRE GIP 2018
Based on an analysis of the economic and demographic factors that determine the behavior of the Insurance Protection Gap, this report proposes an index that measures the potentiality of insurance markets considering their capacity to, on the one hand, create an insurance gap and, on the other hand, materialize it in a new insurance market. The MAPFRE-GIP, which was calculated for 96 insurance markets (both developing and emerging), makes it possible for us to have a comparative perspective of the insurance industry’s global potential for expansion in the coming years.
Global Insurance Potential Index
The GIP-MAPFRE (Global Insurance Potential Index) is an indicator that provides a score and ranking that allows insurance markets to be ranked according to the potential contribution to closing the global insurance gap. This indicator has been calculated for a total of 96 insurance markets, both developed and emerging, allowing us to offer a comparative view of the global potential for expansion of the insurance industry in the coming years.