Premiums worldwide in 2024

Agricultural Premiums worldwide in 2024

By Region

 

Region

 

Premium (Million USD)

Africa

323

Asia

26,046

Australia

1,595

Europe

10,732

Latin America

1,664

North America

27,705

Total

68,065

 

   

 

Sectors

Premium (Million USD)

Crop

43,353

Forestry

1,663

Livestock

10,564

Pet

10,650

Aqua

768

Greenhouse

1,067

Total

68,065

 

Top 10 Countries Agricultural Premium

 

No.

 

Country

 

Premium (Million USD)

1

United States of America

24,553

2

China

21,160

3

India

3,600

4

Canada

3,153

5

United Kingdom

3,100

6

France

1,612

7

Australia

1,428

8

Spain

1,386

9

South Korea

1,037

10

Brazil

890

 

Total

61,918

 

Crop Premiums Worldwide in 2024

By Region

 

Region

 

Premium (Million USD)

Africa

252

Asia

17,152

Australia

257

Europe

4,330

Latin America

1,546

North America

19,816

Total

43,353

 

 


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Top 10 Countries Crop Premium

 

No.

 

Country

 

Premium (Million USD)

1

United States of America

17,187

2

China

12,696

3

India

3,456

4

Canada

2,629

5

France

919

6

Brazil

863

7

South Korea

799

8

Spain

762

9

Italy

632

10

Argentina

475

 

Total

40,418

 

©2026 AIAG. All rights reserved.

Source: Swiss Re and Munich Re

This document represents a consolidated view of figures determined by the market‑responsible underwriters of Swiss Re and Munich Re. The underlying information is based on publicly available data as well as the market expertise of our specialists. During several joint sessions between the companies, discrepancies were reviewed, sources validated, and final values agreed. Where no reliable public sources were available, certain figures rely on expert estimates. Conversions into USD are based on the respective annual average exchange rates for 2024.

You may not reproduce, distribute, modify, or use this data for commercial or any other public purposes without the prior written consent of AIAG, Swiss Re, or Munich Re.

Although the information is derived from sources believed to be reliable, Swiss Re, Munich Re, and AIAG make no representation or warranty regarding its accuracy, completeness, reliability, or suitability for any particular purpose. Any liability for losses or damages arising from its use is expressly excluded.