Global Life Insurance - Market Summary, Competitive Analysis and Forecast to 2025
Global Life Insurance - Market Summary, Competitive Analysis and Forecast to 2025
SUMMARY
Global Life Insurance industry profile provides top-line qualitative and quantitative summary information including: market size (value 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
KEY HIGHLIGHTS
SUMMARY
Global Life Insurance industry profile provides top-line qualitative and quantitative summary information including: market size (value 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
KEY HIGHLIGHTS
- The value of the life insurance market is shown in terms of gross premium incomes from mortality protection and retirement savings plans.
- The global life insurance market had total gross written premiums of $2,724.9bn in 2020, representing a compound annual growth rate (CAGR) of 2.2% between 2016 and 2020.
- The Life Insurance segment was the market's most lucrative in 2020, with total gross written premiums of $1,939.5bn, equivalent to 71.2% of the market's overall value.
- The COVID-19 pandemic, which first took hold in China in 2019 and spread across the rest of the world in early 2020, has had a dramatic impact on the life insurance market, with cuts to interest rates affecting life insurance companies’ profits.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the life insurance market in the global
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the globallife insurance market
- Leading company profiles reveal details of key life insurance market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Global life insurance market with five year forecasts
- What was the size of the Global life insurance market by value in 2020?
- What will be the size of the Global life insurance market in 2025?
- What factors are affecting the strength of competition in the Global life insurance market?
- How has the market performed over the last five years?
- What are the main segments that make up the global's life insurance market?
1 EXECUTIVE SUMMARY
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market share
1.6. Market rivalry
1.7. Competitive Landscape
2 MARKET OVERVIEW
2.1. Market definition
2.2. Market analysis
3 MARKET DATA
3.1. Market value
4 MARKET SEGMENTATION
4.1. Category segmentation
4.2. Geography segmentation
5 MARKET OUTLOOK
5.1. Market value forecast
6 FIVE FORCES ANALYSIS
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 COMPETITIVE LANDSCAPE
7.1. Market share
7.2. Who are the leading players?
7.3. What strategies do leading players follow?
7.4. What has been the rationale behind recent M&A activity?
7.5. How has the COVID-19 outbreak impacted the market?
8 COMPANY PROFILES
8.1. China Life Insurance Co Ltd
8.2. Ping An Insurance (Group) Company of China, Ltd.
8.3. Nippon Life Insurance Company
8.4. Dai-ichi Life Holdings Inc
9 MACROECONOMIC INDICATORS
9.1. Country data
10 APPENDIX
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market share
1.6. Market rivalry
1.7. Competitive Landscape
2 MARKET OVERVIEW
2.1. Market definition
2.2. Market analysis
3 MARKET DATA
3.1. Market value
4 MARKET SEGMENTATION
4.1. Category segmentation
4.2. Geography segmentation
5 MARKET OUTLOOK
5.1. Market value forecast
6 FIVE FORCES ANALYSIS
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 COMPETITIVE LANDSCAPE
7.1. Market share
7.2. Who are the leading players?
7.3. What strategies do leading players follow?
7.4. What has been the rationale behind recent M&A activity?
7.5. How has the COVID-19 outbreak impacted the market?
8 COMPANY PROFILES
8.1. China Life Insurance Co Ltd
8.2. Ping An Insurance (Group) Company of China, Ltd.
8.3. Nippon Life Insurance Company
8.4. Dai-ichi Life Holdings Inc
9 MACROECONOMIC INDICATORS
9.1. Country data
10 APPENDIX
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
LIST OF TABLES
Table 1: Global life insurance market value: $ billion, 2016-20
Table 2: Global life insurance market category segmentation: $ billion, 2020
Table 3: Global life insurance market geography segmentation: $ billion, 2020
Table 4: Global life insurance market value forecast: $ billion, 2020-25
Table 5: Global life insurance market share: % share, by value, 2020
Table 6: China Life Insurance Co Ltd: key facts
Table 7: China Life Insurance Co Ltd: Annual Financial Ratios
Table 8: China Life Insurance Co Ltd: Key Employees
Table 9: China Life Insurance Co Ltd: Key Employees Continued
Table 10: Ping An Insurance (Group) Company of China, Ltd.: key facts
Table 11: Ping An Insurance (Group) Company of China, Ltd.: Annual Financial Ratios
Table 12: Ping An Insurance (Group) Company of China, Ltd.: Key Employees
Table 13: Nippon Life Insurance Company: key facts
Table 14: Nippon Life Insurance Company: Key Employees
Table 15: Nippon Life Insurance Company: Key Employees Continued
Table 16: Nippon Life Insurance Company: Key Employees Continued
Table 17: Dai-ichi Life Holdings Inc: key facts
Table 18: Dai-ichi Life Holdings Inc: Annual Financial Ratios
Table 19: Dai-ichi Life Holdings Inc: Key Employees
Table 20: Dai-ichi Life Holdings Inc: Key Employees Continued
Table 21: Global exchange rate, 2016-20
Table 1: Global life insurance market value: $ billion, 2016-20
Table 2: Global life insurance market category segmentation: $ billion, 2020
Table 3: Global life insurance market geography segmentation: $ billion, 2020
Table 4: Global life insurance market value forecast: $ billion, 2020-25
Table 5: Global life insurance market share: % share, by value, 2020
Table 6: China Life Insurance Co Ltd: key facts
Table 7: China Life Insurance Co Ltd: Annual Financial Ratios
Table 8: China Life Insurance Co Ltd: Key Employees
Table 9: China Life Insurance Co Ltd: Key Employees Continued
Table 10: Ping An Insurance (Group) Company of China, Ltd.: key facts
Table 11: Ping An Insurance (Group) Company of China, Ltd.: Annual Financial Ratios
Table 12: Ping An Insurance (Group) Company of China, Ltd.: Key Employees
Table 13: Nippon Life Insurance Company: key facts
Table 14: Nippon Life Insurance Company: Key Employees
Table 15: Nippon Life Insurance Company: Key Employees Continued
Table 16: Nippon Life Insurance Company: Key Employees Continued
Table 17: Dai-ichi Life Holdings Inc: key facts
Table 18: Dai-ichi Life Holdings Inc: Annual Financial Ratios
Table 19: Dai-ichi Life Holdings Inc: Key Employees
Table 20: Dai-ichi Life Holdings Inc: Key Employees Continued
Table 21: Global exchange rate, 2016-20
LIST OF FIGURES
Figure 1: Global life insurance market value: $ billion, 2016-20
Figure 2: Global life insurance market category segmentation: % share, by value, 2020
Figure 3: Global life insurance market geography segmentation: % share, by value, 2020
Figure 4: Global life insurance market value forecast: $ billion, 2020-25
Figure 5: Forces driving competition in the global life insurance market, 2020
Figure 6: Drivers of buyer power in the global life insurance market, 2020
Figure 7: Drivers of supplier power in the global life insurance market, 2020
Figure 8: Factors influencing the likelihood of new entrants in the global life insurance market, 2020
Figure 9: Factors influencing the threat of substitutes in the global life insurance market, 2020
Figure 10: Drivers of degree of rivalry in the global life insurance market, 2020
Figure 11: Global life insurance market share: % share, by value, 2020
Figure 1: Global life insurance market value: $ billion, 2016-20
Figure 2: Global life insurance market category segmentation: % share, by value, 2020
Figure 3: Global life insurance market geography segmentation: % share, by value, 2020
Figure 4: Global life insurance market value forecast: $ billion, 2020-25
Figure 5: Forces driving competition in the global life insurance market, 2020
Figure 6: Drivers of buyer power in the global life insurance market, 2020
Figure 7: Drivers of supplier power in the global life insurance market, 2020
Figure 8: Factors influencing the likelihood of new entrants in the global life insurance market, 2020
Figure 9: Factors influencing the threat of substitutes in the global life insurance market, 2020
Figure 10: Drivers of degree of rivalry in the global life insurance market, 2020
Figure 11: Global life insurance market share: % share, by value, 2020
