Life Insurance Global Industry Almanac 2018-2027
Life Insurance Global Industry Almanac 2018-2027
Summary
Global Life Insurance industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value , 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
Global Life Insurance industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value , 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 market is segmented into Life Insurance and Pension/Annuity.
- The value of the market is measured in terms of gross premium incomes generated by mortality protection and retirement savings plans. Mortality protection plans provide coverage in the event of death, while retirement savings plans help individuals save for their future.
- All market data and forecasts are represented in nominal terms (i.e., without adjustment for inflation) and all currency conversions used in the creation of this report have been calculated using constant 2022 annual average exchange rates.
- The global life insurance market had total gross written premiums of $2,765.5 billion in 2022, representing a compound annual growth rate (CAGR) of 2% between 2017 and 2022.
- The life insurance segment accounted for the market's largest proportion in 2022, with total gross written premiums of $1,873.8 billion, equivalent to 67.8% of the market's overall value.
- According to in-house research, in 2022, Asia-Pacific accounting for a share of 37.6%, dominated the global life insurance market, followed by Europe and North America holding a share of 31.2% and 27.4%, respectively.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the global life insurance market
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global life 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 2022?
- What will be the size of the global life insurance market in 2027?
- What factors are affecting the strength of competition in the global life insurance market?
- How has the market performed over the last five years?
- Who are the top competitors in the global 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. Competitive landscape
2 INTRODUCTION
2.1. What is this report about?
2.2. Who is the target reader?
2.3. How to use this report
2.4. Definitions
3 GLOBAL LIFE INSURANCE
3.1. Market Overview
3.2. Market Data
3.3. Market Segmentation
3.4. Market outlook
3.5. Five forces analysis
4 MACROECONOMIC INDICATORS
4.1. Country data
5 LIFE INSURANCE IN ASIA-PACIFIC
5.1. Market Overview
5.2. Market Data
5.3. Market Segmentation
5.4. Market outlook
5.5. Five forces analysis
6 LIFE INSURANCE IN EUROPE
6.1. Market Overview
6.2. Market Data
6.3. Market Segmentation
6.4. Market outlook
6.5. Five forces analysis
7 MACROECONOMIC INDICATORS
7.1. Country data
8 LIFE INSURANCE IN FINLAND
8.1. Market Overview
8.2. Market Data
8.3. Market Segmentation
8.4. Market outlook
8.5. Five forces analysis
9 MACROECONOMIC INDICATORS
9.1. Country data
10 LIFE INSURANCE IN FRANCE
10.1. Market Overview
10.2. Market Data
10.3. Market Segmentation
10.4. Market outlook
10.5. Five forces analysis
11 MACROECONOMIC INDICATORS
11.1. Country data
12 LIFE INSURANCE IN GERMANY
12.1. Market Overview
12.2. Market Data
12.3. Market Segmentation
12.4. Market outlook
12.5. Five forces analysis
13 MACROECONOMIC INDICATORS
13.1. Country data
14 LIFE INSURANCE IN INDIA
14.1. Market Overview
14.2. Market Data
14.3. Market Segmentation
14.4. Market outlook
14.5. Five forces analysis
15 MACROECONOMIC INDICATORS
15.1. Country data
16 LIFE INSURANCE IN INDONESIA
16.1. Market Overview
16.2. Market Data
16.3. Market Segmentation
16.4. Market outlook
16.5. Five forces analysis
17 MACROECONOMIC INDICATORS
17.1. Country data
18 LIFE INSURANCE IN ITALY
18.1. Market Overview
18.2. Market Data
18.3. Market Segmentation
18.4. Market outlook
18.5. Five forces analysis
19 MACROECONOMIC INDICATORS
19.1. Country data
20 LIFE INSURANCE IN JAPAN
20.1. Market Overview
20.2. Market Data
20.3. Market Segmentation
20.4. Market outlook
20.5. Five forces analysis
21 MACROECONOMIC INDICATORS
21.1. Country data
22 LIFE INSURANCE IN MEXICO
22.1. Market Overview
22.2. Market Data
22.3. Market Segmentation
22.4. Market outlook
22.5. Five forces analysis
23 MACROECONOMIC INDICATORS
23.1. Country data
24 LIFE INSURANCE IN THE NETHERLANDS
24.1. Market Overview
24.2. Market Data
24.3. Market Segmentation
24.4. Market outlook
24.5. Five forces analysis
25 MACROECONOMIC INDICATORS
25.1. Country data
26 LIFE INSURANCE IN NORTH AMERICA
26.1. Market Overview
26.2. Market Data
26.3. Market Segmentation
26.4. Market outlook
26.5. Five forces analysis
27 LIFE INSURANCE IN NORWAY
27.1. Market Overview
27.2. Market Data
27.3. Market Segmentation
27.4. Market outlook
27.5. Five forces analysis
28 MACROECONOMIC INDICATORS
28.1. Country data
29 LIFE INSURANCE IN RUSSIA
29.1. Market Overview
29.2. Market Data
29.3. Market Segmentation
29.4. Market outlook
29.5. Five forces analysis
30 MACROECONOMIC INDICATORS
30.1. Country data
31 LIFE INSURANCE IN SINGAPORE
31.1. Market Overview
31.2. Market Data
31.3. Market Segmentation
31.4. Market outlook
31.5. Five forces analysis
32 MACROECONOMIC INDICATORS
32.1. Country data
33 LIFE INSURANCE IN SOUTH AFRICA
33.1. Market Overview
33.2. Market Data
33.3. Market Segmentation
33.4. Market outlook
33.5. Five forces analysis
34 MACROECONOMIC INDICATORS
34.1. Country data
35 LIFE INSURANCE IN SOUTH KOREA
35.1. Market Overview
35.2. Market Data
35.3. Market Segmentation
35.4. Market outlook
35.5. Five forces analysis
36 MACROECONOMIC INDICATORS
36.1. Country data
37 LIFE INSURANCE IN SPAIN
37.1. Market Overview
37.2. Market Data
37.3. Market Segmentation
37.4. Market outlook
37.5. Five forces analysis
38 MACROECONOMIC INDICATORS
38.1. Country data
39 LIFE INSURANCE IN SWEDEN
39.1. Market Overview
39.2. Market Data
39.3. Market Segmentation
39.4. Market outlook
39.5. Five forces analysis
40 MACROECONOMIC INDICATORS
40.1. Country data
41 LIFE INSURANCE IN TURKEY
41.1. Market Overview
41.2. Market Data
41.3. Market Segmentation
41.4. Market outlook
41.5. Five forces analysis
42 MACROECONOMIC INDICATORS
42.1. Country data
43 LIFE INSURANCE IN THE UNITED KINGDOM
43.1. Market Overview
43.2. Market Data
43.3. Market Segmentation
43.4. Market outlook
43.5. Five forces analysis
44 MACROECONOMIC INDICATORS
44.1. Country data
45 LIFE INSURANCE IN THE UNITED STATES
45.1. Market Overview
45.2. Market Data
45.3. Market Segmentation
45.4. Market outlook
45.5. Five forces analysis
46 MACROECONOMIC INDICATORS
46.1. Country data
47 LIFE INSURANCE IN AUSTRALIA
47.1. Market Overview
47.2. Market Data
47.3. Market Segmentation
47.4. Market outlook
47.5. Five forces analysis
48 MACROECONOMIC INDICATORS
48.1. Country data
49 LIFE INSURANCE IN BRAZIL
49.1. Market Overview
49.2. Market Data
49.3. Market Segmentation
49.4. Market outlook
49.5. Five forces analysis
50 MACROECONOMIC INDICATORS
50.1. Country data
51 LIFE INSURANCE IN CANADA
51.1. Market Overview
51.2. Market Data
51.3. Market Segmentation
51.4. Market outlook
51.5. Five forces analysis
52 MACROECONOMIC INDICATORS
52.1. Country data
53 LIFE INSURANCE IN CHINA
53.1. Market Overview
53.2. Market Data
53.3. Market Segmentation
53.4. Market outlook
53.5. Five forces analysis
54 MACROECONOMIC INDICATORS
54.1. Country data
55 LIFE INSURANCE IN DENMARK
55.1. Market Overview
55.2. Market Data
55.3. Market Segmentation
55.4. Market outlook
55.5. Five forces analysis
56 MACROECONOMIC INDICATORS
56.1. Country data
57 COMPANY PROFILES
57.1. Aviva Plc
57.2. China Life Insurance Co Ltd
57.3. Dai-ichi Life Holdings Inc
57.4. AXA SA
57.5. LocalTapiola Mutual Life Insurance Company
57.6. Mandatum Life Insurance Co Ltd
57.7. Nordea Life Assurance Finland Ltd
57.8. BNP Paribas SA
57.9. CNP Assurances SA
57.10. Credit Agricole SA
57.11. Confederation Nationale du Credit Mutuel
57.12. R+V Versicherung AG
57.13. HDFC Life Insurance Co Ltd
57.14. ICICI Prudential Life Insurance Co Ltd
57.15. Max Life insurance Co Ltd
57.16. SBI Life Insurance Co Ltd
57.17. PT Prudential Life Assurance
57.18. PT Asuransi Simas Jiwa
57.19. Allianz SE
57.20. Assicurazioni Generali SpA
57.21. Intesa Sanpaolo SpA
57.22. Poste Vita SpA
57.23. Japan Post Insurance Co Ltd
57.24. Meiji Yasuda Life Insurance Co
57.25. Nippon Life Insurance Co
57.26. Grupo Financiero Banorte SAB de CV
57.27. Grupo Nacional Provincial SAB
57.28. AEGON NV
57.29. ASR Nederland NV
57.30. Nationale-Nederlanden Levensverzekering Maatschappij N.V.
57.31. SRLEV N.V.
57.32. DNB Livsforsikring ASA
57.33. Kommunal Landspensjonskasse
57.34. Storebrand Livsforsikring AS
57.35. Nordea Liv
57.36. SOGAZ Insurance Group
57.37. AlfaStrakhovanie Group
57.38. Renaissance Life Insurance Company Russia
57.39. Sberbank Life Insurance
57.40. AIA Group Ltd
57.41. Manulife (Singapore) Pte Ltd
57.42. Prudential Plc
57.43. The Great Eastern Life Assurance Company Ltd
57.44. Guardrisk Insurance Company Ltd
57.45. Hollard Insurance Group
57.46. Santam Ltd
57.47. Old Mutual Life Assurance Co (South Africa) Ltd
57.48. Hanwha Life Insurance Co Ltd
57.49. Kyobo Life Insurance Co Ltd
57.50. Samsung Life Insurance Co Ltd
57.51. Mirae Asset Life Insurance Co Ltd
57.52. Ibercaja Banco SA
57.53. Mapfre SA
57.54. VidaCaixa, S.A.U. de Seguros y Reaseguros
57.55. Avanza Bank Holding AB
57.56. Folksam
57.57. Skandinaviska Enskilda Banken AB
57.58. Futur Pension Fцrsдkringsaktiebolag
57.59. AgeSA Hayat ve Emeklilik AS
57.60. Anadolu Hayat Emeklilik AS
57.61. Vienna Insurance Group AG
57.62. Turkiye Hayat Ve Emeklilik AS
57.63. Lloyds Banking Group Plc
57.64. American International Group Inc (AIG)
57.65. MetLife Inc
57.66. Prudential Financial Inc
57.67. The Northwestern Mutual Life Insurance Co
57.68. TAL Dai-ichi Life Australia Pty Ltd
57.69. Challenger Ltd
57.70. MLC Ltd Private Clients
57.71. AIA Australia Ltd
57.72. Brasilprev Seguros e Previdencia SA
57.73. Banco Bradesco SA
57.74. Caixa Economica Federal
57.75. Zurich Insurance Group Ltd
57.76. Assurant Inc
57.77. Globe Life Inc
57.78. New York Life Insurance Co
57.79. Knights of Columbus
57.80. China Pacific Insurance (Group) Co Ltd
57.81. Ping An Insurance (Group) Company of China, Ltd.
57.82. Huaxia Life Insurance Co Ltd
57.83. AP Pension Livsforsikringsaktieselskab
57.84. Danica Pension AS
57.85. Velliv, Pension & Livsforsikring A/S
57.86. PFA Pension Forsikringsaktieselskab
58 APPENDIX
58.1. Methodology
58.2. 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. Competitive landscape
2 INTRODUCTION
2.1. What is this report about?
2.2. Who is the target reader?
2.3. How to use this report
2.4. Definitions
3 GLOBAL LIFE INSURANCE
3.1. Market Overview
3.2. Market Data
3.3. Market Segmentation
3.4. Market outlook
3.5. Five forces analysis
4 MACROECONOMIC INDICATORS
4.1. Country data
5 LIFE INSURANCE IN ASIA-PACIFIC
5.1. Market Overview
5.2. Market Data
5.3. Market Segmentation
5.4. Market outlook
5.5. Five forces analysis
6 LIFE INSURANCE IN EUROPE
6.1. Market Overview
6.2. Market Data
6.3. Market Segmentation
6.4. Market outlook
6.5. Five forces analysis
7 MACROECONOMIC INDICATORS
7.1. Country data
8 LIFE INSURANCE IN FINLAND
8.1. Market Overview
8.2. Market Data
8.3. Market Segmentation
8.4. Market outlook
8.5. Five forces analysis
9 MACROECONOMIC INDICATORS
9.1. Country data
10 LIFE INSURANCE IN FRANCE
10.1. Market Overview
10.2. Market Data
10.3. Market Segmentation
10.4. Market outlook
10.5. Five forces analysis
11 MACROECONOMIC INDICATORS
11.1. Country data
12 LIFE INSURANCE IN GERMANY
12.1. Market Overview
12.2. Market Data
12.3. Market Segmentation
12.4. Market outlook
12.5. Five forces analysis
13 MACROECONOMIC INDICATORS
13.1. Country data
14 LIFE INSURANCE IN INDIA
14.1. Market Overview
14.2. Market Data
14.3. Market Segmentation
14.4. Market outlook
14.5. Five forces analysis
15 MACROECONOMIC INDICATORS
15.1. Country data
16 LIFE INSURANCE IN INDONESIA
16.1. Market Overview
16.2. Market Data
16.3. Market Segmentation
16.4. Market outlook
16.5. Five forces analysis
17 MACROECONOMIC INDICATORS
17.1. Country data
18 LIFE INSURANCE IN ITALY
18.1. Market Overview
18.2. Market Data
18.3. Market Segmentation
18.4. Market outlook
18.5. Five forces analysis
19 MACROECONOMIC INDICATORS
19.1. Country data
20 LIFE INSURANCE IN JAPAN
20.1. Market Overview
20.2. Market Data
20.3. Market Segmentation
20.4. Market outlook
20.5. Five forces analysis
21 MACROECONOMIC INDICATORS
21.1. Country data
22 LIFE INSURANCE IN MEXICO
22.1. Market Overview
22.2. Market Data
22.3. Market Segmentation
22.4. Market outlook
22.5. Five forces analysis
23 MACROECONOMIC INDICATORS
23.1. Country data
24 LIFE INSURANCE IN THE NETHERLANDS
24.1. Market Overview
24.2. Market Data
24.3. Market Segmentation
24.4. Market outlook
24.5. Five forces analysis
25 MACROECONOMIC INDICATORS
25.1. Country data
26 LIFE INSURANCE IN NORTH AMERICA
26.1. Market Overview
26.2. Market Data
26.3. Market Segmentation
26.4. Market outlook
26.5. Five forces analysis
27 LIFE INSURANCE IN NORWAY
27.1. Market Overview
27.2. Market Data
27.3. Market Segmentation
27.4. Market outlook
27.5. Five forces analysis
28 MACROECONOMIC INDICATORS
28.1. Country data
29 LIFE INSURANCE IN RUSSIA
29.1. Market Overview
29.2. Market Data
29.3. Market Segmentation
29.4. Market outlook
29.5. Five forces analysis
30 MACROECONOMIC INDICATORS
30.1. Country data
31 LIFE INSURANCE IN SINGAPORE
31.1. Market Overview
31.2. Market Data
31.3. Market Segmentation
31.4. Market outlook
31.5. Five forces analysis
32 MACROECONOMIC INDICATORS
32.1. Country data
33 LIFE INSURANCE IN SOUTH AFRICA
33.1. Market Overview
33.2. Market Data
33.3. Market Segmentation
33.4. Market outlook
33.5. Five forces analysis
34 MACROECONOMIC INDICATORS
34.1. Country data
35 LIFE INSURANCE IN SOUTH KOREA
35.1. Market Overview
35.2. Market Data
35.3. Market Segmentation
35.4. Market outlook
35.5. Five forces analysis
36 MACROECONOMIC INDICATORS
36.1. Country data
37 LIFE INSURANCE IN SPAIN
37.1. Market Overview
37.2. Market Data
37.3. Market Segmentation
37.4. Market outlook
37.5. Five forces analysis
38 MACROECONOMIC INDICATORS
38.1. Country data
39 LIFE INSURANCE IN SWEDEN
39.1. Market Overview
39.2. Market Data
39.3. Market Segmentation
39.4. Market outlook
39.5. Five forces analysis
40 MACROECONOMIC INDICATORS
40.1. Country data
41 LIFE INSURANCE IN TURKEY
41.1. Market Overview
41.2. Market Data
41.3. Market Segmentation
41.4. Market outlook
41.5. Five forces analysis
42 MACROECONOMIC INDICATORS
42.1. Country data
43 LIFE INSURANCE IN THE UNITED KINGDOM
43.1. Market Overview
43.2. Market Data
43.3. Market Segmentation
43.4. Market outlook
43.5. Five forces analysis
44 MACROECONOMIC INDICATORS
44.1. Country data
45 LIFE INSURANCE IN THE UNITED STATES
45.1. Market Overview
45.2. Market Data
45.3. Market Segmentation
45.4. Market outlook
45.5. Five forces analysis
46 MACROECONOMIC INDICATORS
46.1. Country data
47 LIFE INSURANCE IN AUSTRALIA
47.1. Market Overview
47.2. Market Data
47.3. Market Segmentation
47.4. Market outlook
47.5. Five forces analysis
48 MACROECONOMIC INDICATORS
48.1. Country data
49 LIFE INSURANCE IN BRAZIL
49.1. Market Overview
49.2. Market Data
49.3. Market Segmentation
49.4. Market outlook
49.5. Five forces analysis
50 MACROECONOMIC INDICATORS
50.1. Country data
51 LIFE INSURANCE IN CANADA
51.1. Market Overview
51.2. Market Data
51.3. Market Segmentation
51.4. Market outlook
51.5. Five forces analysis
52 MACROECONOMIC INDICATORS
52.1. Country data
53 LIFE INSURANCE IN CHINA
53.1. Market Overview
53.2. Market Data
53.3. Market Segmentation
53.4. Market outlook
53.5. Five forces analysis
54 MACROECONOMIC INDICATORS
54.1. Country data
55 LIFE INSURANCE IN DENMARK
55.1. Market Overview
55.2. Market Data
55.3. Market Segmentation
55.4. Market outlook
55.5. Five forces analysis
56 MACROECONOMIC INDICATORS
56.1. Country data
57 COMPANY PROFILES
57.1. Aviva Plc
57.2. China Life Insurance Co Ltd
57.3. Dai-ichi Life Holdings Inc
57.4. AXA SA
57.5. LocalTapiola Mutual Life Insurance Company
57.6. Mandatum Life Insurance Co Ltd
57.7. Nordea Life Assurance Finland Ltd
57.8. BNP Paribas SA
57.9. CNP Assurances SA
57.10. Credit Agricole SA
57.11. Confederation Nationale du Credit Mutuel
57.12. R+V Versicherung AG
57.13. HDFC Life Insurance Co Ltd
57.14. ICICI Prudential Life Insurance Co Ltd
57.15. Max Life insurance Co Ltd
57.16. SBI Life Insurance Co Ltd
57.17. PT Prudential Life Assurance
57.18. PT Asuransi Simas Jiwa
57.19. Allianz SE
57.20. Assicurazioni Generali SpA
57.21. Intesa Sanpaolo SpA
57.22. Poste Vita SpA
57.23. Japan Post Insurance Co Ltd
57.24. Meiji Yasuda Life Insurance Co
57.25. Nippon Life Insurance Co
57.26. Grupo Financiero Banorte SAB de CV
57.27. Grupo Nacional Provincial SAB
57.28. AEGON NV
57.29. ASR Nederland NV
57.30. Nationale-Nederlanden Levensverzekering Maatschappij N.V.
57.31. SRLEV N.V.
57.32. DNB Livsforsikring ASA
57.33. Kommunal Landspensjonskasse
57.34. Storebrand Livsforsikring AS
57.35. Nordea Liv
57.36. SOGAZ Insurance Group
57.37. AlfaStrakhovanie Group
57.38. Renaissance Life Insurance Company Russia
57.39. Sberbank Life Insurance
57.40. AIA Group Ltd
57.41. Manulife (Singapore) Pte Ltd
57.42. Prudential Plc
57.43. The Great Eastern Life Assurance Company Ltd
57.44. Guardrisk Insurance Company Ltd
57.45. Hollard Insurance Group
57.46. Santam Ltd
57.47. Old Mutual Life Assurance Co (South Africa) Ltd
57.48. Hanwha Life Insurance Co Ltd
57.49. Kyobo Life Insurance Co Ltd
57.50. Samsung Life Insurance Co Ltd
57.51. Mirae Asset Life Insurance Co Ltd
57.52. Ibercaja Banco SA
57.53. Mapfre SA
57.54. VidaCaixa, S.A.U. de Seguros y Reaseguros
57.55. Avanza Bank Holding AB
57.56. Folksam
57.57. Skandinaviska Enskilda Banken AB
57.58. Futur Pension Fцrsдkringsaktiebolag
57.59. AgeSA Hayat ve Emeklilik AS
57.60. Anadolu Hayat Emeklilik AS
57.61. Vienna Insurance Group AG
57.62. Turkiye Hayat Ve Emeklilik AS
57.63. Lloyds Banking Group Plc
57.64. American International Group Inc (AIG)
57.65. MetLife Inc
57.66. Prudential Financial Inc
57.67. The Northwestern Mutual Life Insurance Co
57.68. TAL Dai-ichi Life Australia Pty Ltd
57.69. Challenger Ltd
57.70. MLC Ltd Private Clients
57.71. AIA Australia Ltd
57.72. Brasilprev Seguros e Previdencia SA
57.73. Banco Bradesco SA
57.74. Caixa Economica Federal
57.75. Zurich Insurance Group Ltd
57.76. Assurant Inc
57.77. Globe Life Inc
57.78. New York Life Insurance Co
57.79. Knights of Columbus
57.80. China Pacific Insurance (Group) Co Ltd
57.81. Ping An Insurance (Group) Company of China, Ltd.
57.82. Huaxia Life Insurance Co Ltd
57.83. AP Pension Livsforsikringsaktieselskab
57.84. Danica Pension AS
57.85. Velliv, Pension & Livsforsikring A/S
57.86. PFA Pension Forsikringsaktieselskab
58 APPENDIX
58.1. Methodology
58.2. About MarketLine
