Non-life premiums from emerging markets are expected to double from $123bn (£69bn) in 2003 to around $250bn (£141bn) by 2014, according to a new study by Swiss Re.
The study claimed China and India were the most promising developing insurance markets.
The study found that during the last decade non-life insurance premiums in these markets had risen annually by 7.3% in real terms, compared with an
average of 2.6% for industrialised nations.