Key Market Indicators
Korean life insurance gross written premium is predicted to reach $118.8 billion by 2026. In 2021, the country's supply was $109.06 billion, up 1.2% year-on-year compounded annual growth rate (CAGR). Since 2015, Korean life insurance has grown at an annual rate of 0.9%. In 2021, Italy was the world's highest-grossing life insurance market with $109.06 billion. Japan, China and the United Kingdom came in at second, third and fourth places, respectively.
South Korea Life Insurance Market Data and Forecasts
How much will South Korea Life Insurance Market grow to 2026?
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Life Insurance: Unveiling Global Trends in Market Size, Competition, Distribution, and Opportunities
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