Life Insurance Market Size, Share, and Trends 2024 to 2033

Life Insurance Market (By Type: Life Insurance Premiums, Annuity Premiums & Deposits, Accident & Health Premiums, Others) - Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2024-2033

  • Last Updated : June 2024
  • Report Code : 4399
  • Category : Healthcare

Chapter 1. Introduction

1.1. Research Objective                   

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Life Insurance Market

5.1. COVID-19 Landscape: Life Insurance Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Life Insurance Market, By Type

8.1. Life Insurance Market, by Type, 2024-2033

8.1.1. Life Insurance Premiums

8.1.1.1. Market Revenue and Forecast (2021-2033)

8.1.2. Annuity Premiums & Deposits

8.1.2.1. Market Revenue and Forecast (2021-2033)

8.1.3. Accident & Health Premiums

8.1.3.1. Market Revenue and Forecast (2021-2033)

8.1.4. Others

8.1.4.1. Market Revenue and Forecast (2021-2033)

Chapter 9. Global Life Insurance Market, Regional Estimates and Trend Forecast

9.1. North America

9.1.1. Market Revenue and Forecast, by Type (2021-2033)

9.1.2. U.S.

9.1.2.1. Market Revenue and Forecast, by Type (2021-2033)

9.1.3. Rest of North America

9.1.3.1. Market Revenue and Forecast, by Type (2021-2033)

9.2. Europe

9.2.1. Market Revenue and Forecast, by Type (2021-2033)

9.2.2. UK

9.2.2.1. Market Revenue and Forecast, by Type (2021-2033)

9.2.3. Germany

9.2.3.1. Market Revenue and Forecast, by Type (2021-2033)

9.2.4. France

9.2.4.1. Market Revenue and Forecast, by Type (2021-2033)

9.2.5. Rest of Europe

9.2.5.1. Market Revenue and Forecast, by Type (2021-2033)

9.3. APAC

9.3.1. Market Revenue and Forecast, by Type (2021-2033)

9.3.2. India

9.3.2.1. Market Revenue and Forecast, by Type (2021-2033)

9.3.3. China

9.3.3.1. Market Revenue and Forecast, by Type (2021-2033)

9.3.4. Japan

9.3.4.1. Market Revenue and Forecast, by Type (2021-2033)

9.3.5. Rest of APAC

9.3.5.1. Market Revenue and Forecast, by Type (2021-2033)

9.4. MEA

9.4.1. Market Revenue and Forecast, by Type (2021-2033)

9.4.2. GCC

9.4.2.1. Market Revenue and Forecast, by Type (2021-2033)

9.4.3. North Africa

9.4.3.1. Market Revenue and Forecast, by Type (2021-2033)

9.4.4. South Africa

9.4.4.1. Market Revenue and Forecast, by Type (2021-2033)

9.4.5. Rest of MEA

9.4.5.1. Market Revenue and Forecast, by Type (2021-2033)

9.5. Latin America

9.5.1. Market Revenue and Forecast, by Type (2021-2033)

9.5.2. Brazil

9.5.2.1. Market Revenue and Forecast, by Type (2021-2033)

9.5.3. Rest of LATAM

9.5.3.1. Market Revenue and Forecast, by Type (2021-2033)

Chapter 10. Company Profiles

10.1. AXA Group

10.1.1. Company Overview

10.1.2. Product Offerings

10.1.3. Financial Performance

10.1.4. Recent Initiatives

10.2. China Life Insurance Company

10.2.1. Company Overview

10.2.2. Product Offerings

10.2.3. Financial Performance

10.2.4. Recent Initiatives

10.3. Chubb Limited

10.3.1. Company Overview

10.3.2. Product Offerings

10.3.3. Financial Performance

10.3.4. Recent Initiatives

10.4. Cigna

10.4.1. Company Overview

10.4.2. Product Offerings

10.4.3. Financial Performance

10.4.4. Recent Initiatives

10.5. MetLife, Inc.

10.5.1. Company Overview

10.5.2. Product Offerings

10.5.3. Financial Performance

10.5.4. Recent Initiatives

10.6. New York Life Insurance Company

10.6.1. Company Overview

10.6.2. Product Offerings

10.6.3. Financial Performance

10.6.4. Recent Initiatives

10.7. Northwestern Mutual

10.7.1. Company Overview

10.7.2. Product Offerings

10.7.3. Financial Performance

10.7.4. Recent Initiatives

10.8. United Health Group

10.8.1. Company Overview

10.8.2. Product Offerings

10.8.3. Financial Performance

10.8.4. Recent Initiatives

10.9. Prudential Financial

10.9.1. Company Overview

10.9.2. Product Offerings

10.9.3. Financial Performance

10.9.4. Recent Initiatives

10.10. Ping An Insurance Group

10.10.1. Company Overview

10.10.2. Product Offerings

10.10.3. Financial Performance

10.10.4. Recent Initiatives

Chapter 11. Research Methodology

11.1. Primary Research

11.2. Secondary Research

11.3. Assumptions

Chapter 12. Appendix

12.1. About Us

12.2. Glossary of Terms

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Frequently Asked Questions

The global life insurance market size is expected to increase USD 16.70 trillion by 2033 from USD 6.91 trillion in 2023.

The global life insurance market will register growth rate of 9.22% between 2024 and 2033.

The major players operating in the life insurance market are AXA Group, China Life Insurance Company, Chubb Limited, Cigna, MetLife, Inc., New York Life Insurance Company, Northwestern Mutual, United Health Group, Prudential Financial, Ping An Insurance Group, and Others.

The driving factors of the life insurance market are the greater private sector participation & an improvement in distribution capabilities and substantial improvements in operational efficiencies.

North America region will lead the global life insurance market during the forecast period 2024 to 2033.

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