Insurance penetration and insurance density are terms commonly used to describe the development of insurance markets around the world. Since the actuarial profession is global, can the concepts of actuarial penetration and actuarial density be meaningful? Using publicly available information from the International Actuarial Association (IAA) and various economic/demographic sources, the authors explore various measures and the possible correlations between them, discussing the pros and cons of each. We will consider all actuarial associations that are members of the IAA, presenting the insights we can obtain through these measures combined with the calculated actuarial density and penetration of  each country analyzed.