Global Insurance Industry Market

Report Code: FIN011A

Publish Date: Oct 2022

Publisher: BCC Publishing

Category: Finance

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Report Highlights

The global market for insurance was valued at $9.8 trillion in 2021 and is estimated to grow from $5.6 trillion in 2022 to $9.8 trillion 2027, with a compound annual growth rate (CAGR) of 12% for the period of 2022-2027.

Report Includes

  • 39 data tables and 19 additional tables
  • A comprehensive overview of the global markets for insurance products and services
  • Analyses of the global market trends, with historic market revenue data for 2020 and 2021, estimates for 2022, and projections of compound annual growth rates (CAGRs) through 2027
  • Coverage of the most important technological, economic, and environmental considerations in the insurance industry market
  • Estimation of the actual market size and market forecast for insurance industry, and corresponding market share analysis based on the type of insurance, distribution channel, end user, and region
  • Latest information on key market drivers and opportunities, industry shifts and regulations, and other demographic factors that will influence this market demand in the coming years (2022-2027)
  • Insight into the major technology challenges, issues and risks, government regulations, recent developments, and COVID-19 impact on the global insurance industrymarket
  • Updated information on the latest market developments, merger and acquisition deals, partnerships, collaborations and other strategic alliances within the global insurance industry
  • Descriptive company profiles of the leading global players, including molina healthcare inc., ping an insurance, prudential plc and state farm.

Report Scope

The current report offers a detailed picture of the insurance market.

This report further analyzes the market based on insurance type, providing an analysis of life and non-life insurance. In addition, the report also analyzes the distribution channels for the insurance industry. Furthermore, a complete regional analysis of the market is also in the report.

Report Synopsis

Report Metrics Details
Base year considered 2021
Forecast period considered 2022–2027
Base year market size $5.1 billion
Market size forecast $9.89 billion
Growth rate CAGR of 12% from 2022 to 2027
Units considered $ Millions
Segments covered Type, Region, Distribution Channel, Country
Regions covered North America, Europe, Asia-Pacific, and Rest of the World (RoW)
Countries covered United States. (U.S.), Canada, France, Germany, Italy., United Kingdom (U.K.), Spain., Rest of Europe, China, India, Japan, Rest of Asia-Pacific
Key Market Drivers
  • Demand for Additional Insurance Policies and Digitization across Asia-Pacific
  • Rising Incidence of Chronic Diseases
Companies studied
ALLIANZ GROUPANTHEM INC.
ASSICURAZIONI GENERALI S.P.A.AXA
CENTENE CORP.BERKSHIRE HATHAWAY INC.
CHINA LIFE INSURANCE CO. LTD.CIGNA EUROPEAN SERVICES (UK) LTD.
CVS HEALTH CORP.DAI-ICHI LIFE HOLDINGS INC.
HUMANA INC.JAPAN POST HOLDING
LIFE INSURANCE CORP. OF INDIAMETLIFE INC.
MOLINA HEALTHCARE INC.PEOPLE'S INSURANCE CO. (GROUP) OF CHINA LTD.
MUNICH REINSURANCE CO.PING AN INSURANCE
PRUDENTIAL PLCSTATE FARM
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Analyst Credentials

BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.

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Table of Contents

All reports provided in PDF format. For shared licensing options (5+ Users), please call a representative at (+1) 781-489-7301 or contact us at info@bccresearch.com
Title/Chapter NamePagesMember Price
Full Report: Global Insurance Industry Market103Free
Chapter- 1: Introduction6Free
Chapter- 2: Summary and Highlights4Free
Chapter- 3: Market and Technology Background5Free
Chapter- 4: Market Dynamics6Free
Chapter- 5: Impact of COVID-192Free
Chapter- 6: Global Insurance Market by Insurance Type7Free
Chapter- 7: Global Insurance Market by Distribution Channel11Free
Chapter- 8: Market Breakdown by Region32Free
Chapter- 9: Competitive Landscape 4Free
Chapter- 10: Company Profiles26Free

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Global Insurance Industry Market

Published - Oct 2022 | Publisher - BCC Publishing | Code - FIN011A

The global market for insurance was valued at $9.8 trillion in 2021 and is estimated to grow from $5.6 trillion in 2022 to $9.8 trillion 2027, with a compound annual growth rate (CAGR) of 12% for the period of 2022-2027.

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Global Insurance Industry Market
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