Key Market Indicators
Australian life insurance gross written premium is set to reach a whopping $37 billion by 2026. In 2021, it totalled $38 billion – a slight decrease of 0.6% compared to the previous year. Since 2015, however, the supply has grown by a small 0.1% each year. In 2021, Australia was in position 14, Brazil overtook with $37.81 billion, followed by Japan, China and the United Kingdom in second, third and fourth place respectively.
Australia Life Insurance Market Data and Forecasts
How much will Australia Life Insurance Market grow to 2026?
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