United States of America (USA) Life Insurance Market Summary, Competitive Analysis and Forecast to 2027
United States of America (USA) Life Insurance Market @Summary, Competitive Analysis and Forecast to 2027
SUMMARY
Life Insurance in the United States industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
KEY HIGHLIGHTS
SUMMARY
Life Insurance in the United States industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). 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 US life insurance market had total gross written premiums of $631.7 billion in 2022, representing a compound annual growth rate (CAGR) of 2.5% between 2017 and 2022.
- The Pension/Annuity segment accounted for market's the largest proportion in 2022, with total gross written premiums of $431.9 billion, equivalent to 68.4% of the market's overall value.
- The US life insurance market had total gross written premiums of $631.7 billion in 2022, representing a compound annual growth rate (CAGR) of 2.5% between 2017 and 2022.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the life insurance market in the United States
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the life insurance market in the United States
- 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 United States life insurance market with five year forecasts
- What was the size of the United States life insurance market by value in 2022?
- What will be the size of the United States life insurance market in 2027?
- What factors are affecting the strength of competition in the United States life insurance market?
- How has the market performed over the last five years?
- What are the main segments that make up the United State'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?
8 COMPANY PROFILES
8.1. MetLife Inc
8.2. New York Life Insurance Co
8.3. Prudential Financial Inc
8.4. The Northwestern Mutual Life Insurance Co
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?
8 COMPANY PROFILES
8.1. MetLife Inc
8.2. New York Life Insurance Co
8.3. Prudential Financial Inc
8.4. The Northwestern Mutual Life Insurance Co
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: United States life insurance market value: $ billion, 2017-22(e)
Table 2: United States life insurance market category segmentation: % share, by value, 2017–2022(e)
Table 3: United States life insurance market category segmentation: $ billion, 2017-2022
Table 4: United States life insurance market geography segmentation: $ billion, 2022(e)
Table 5: United States life insurance market value forecast: $ billion, 2022-27
Table 6: United States life insurance market share: % share, by value, 2022(e)
Table 7: MetLife Inc: key facts
Table 8: MetLife Inc: Annual Financial Ratios
Table 9: MetLife Inc: Key Employees
Table 10: MetLife Inc: Key Employees Continued
Table 11: MetLife Inc: Key Employees Continued
Table 12: New York Life Insurance Co: key facts
Table 13: New York Life Insurance Co: Key Employees
Table 14: New York Life Insurance Co: Key Employees Continued
Table 15: Prudential Financial Inc: key facts
Table 16: Prudential Financial Inc: Annual Financial Ratios
Table 17: Prudential Financial Inc: Key Employees
Table 18: Prudential Financial Inc: Key Employees Continued
Table 19: The Northwestern Mutual Life Insurance Co: key facts
Table 20: The Northwestern Mutual Life Insurance Co: Key Employees
Table 21: The Northwestern Mutual Life Insurance Co: Key Employees Continued
Table 22: United States size of population (million), 2018–22
Table 23: United States gdp (constant 2005 prices, $ billion), 2018–22
Table 24: United States gdp (current prices, $ billion), 2018–22
Table 25: United States inflation, 2018–22
Table 26: United States consumer price index (absolute), 2018–22
Table 27: United States exchange rate, 2016–20
Table 1: United States life insurance market value: $ billion, 2017-22(e)
Table 2: United States life insurance market category segmentation: % share, by value, 2017–2022(e)
Table 3: United States life insurance market category segmentation: $ billion, 2017-2022
Table 4: United States life insurance market geography segmentation: $ billion, 2022(e)
Table 5: United States life insurance market value forecast: $ billion, 2022-27
Table 6: United States life insurance market share: % share, by value, 2022(e)
Table 7: MetLife Inc: key facts
Table 8: MetLife Inc: Annual Financial Ratios
Table 9: MetLife Inc: Key Employees
Table 10: MetLife Inc: Key Employees Continued
Table 11: MetLife Inc: Key Employees Continued
Table 12: New York Life Insurance Co: key facts
Table 13: New York Life Insurance Co: Key Employees
Table 14: New York Life Insurance Co: Key Employees Continued
Table 15: Prudential Financial Inc: key facts
Table 16: Prudential Financial Inc: Annual Financial Ratios
Table 17: Prudential Financial Inc: Key Employees
Table 18: Prudential Financial Inc: Key Employees Continued
Table 19: The Northwestern Mutual Life Insurance Co: key facts
Table 20: The Northwestern Mutual Life Insurance Co: Key Employees
Table 21: The Northwestern Mutual Life Insurance Co: Key Employees Continued
Table 22: United States size of population (million), 2018–22
Table 23: United States gdp (constant 2005 prices, $ billion), 2018–22
Table 24: United States gdp (current prices, $ billion), 2018–22
Table 25: United States inflation, 2018–22
Table 26: United States consumer price index (absolute), 2018–22
Table 27: United States exchange rate, 2016–20
LIST OF FIGURES
Figure 1: United States life insurance market value: $ billion, 2017-22(e)
Figure 2: United States life insurance market category segmentation: $ billion, 2017-2022
Figure 3: United States life insurance market geography segmentation: % share, by value, 2022(e)
Figure 4: United States life insurance market value forecast: $ billion, 2022-27
Figure 5: Forces driving competition in the life insurance market in the United States, 2022
Figure 6: Drivers of buyer power in the life insurance market in the United States, 2022
Figure 7: Drivers of supplier power in the life insurance market in the United States, 2022
Figure 8: Factors influencing the likelihood of new entrants in the life insurance market in the United States, 2022
Figure 9: Factors influencing the threat of substitutes in the life insurance market in the United States, 2022
Figure 10: Drivers of degree of rivalry in the life insurance market in the United States, 2022
Figure 11: United States life insurance market share: % share, by value, 2022(e)
Figure 1: United States life insurance market value: $ billion, 2017-22(e)
Figure 2: United States life insurance market category segmentation: $ billion, 2017-2022
Figure 3: United States life insurance market geography segmentation: % share, by value, 2022(e)
Figure 4: United States life insurance market value forecast: $ billion, 2022-27
Figure 5: Forces driving competition in the life insurance market in the United States, 2022
Figure 6: Drivers of buyer power in the life insurance market in the United States, 2022
Figure 7: Drivers of supplier power in the life insurance market in the United States, 2022
Figure 8: Factors influencing the likelihood of new entrants in the life insurance market in the United States, 2022
Figure 9: Factors influencing the threat of substitutes in the life insurance market in the United States, 2022
Figure 10: Drivers of degree of rivalry in the life insurance market in the United States, 2022
Figure 11: United States life insurance market share: % share, by value, 2022(e)
