Global Life Insurance Trends in 2022
Life Insurance is part of Insurance and includes a number of sub-sectors such as Term Life Insurance, Disability Insurance, Accidental Death And Dismemberment Insurance, Critical Illness Insurance and Permanent Life Insurance. You may also be interested in Auto Insurance.
Global life insurance gross written premium is estimated to reach $2.5 trillion by 2026, a slight decrease of 0.1% year-over-year. Since 2015, the global market has dropped 0.9% annually. In 2021, the US led the way with $544.3 billion, followed by Japan, China and the UK. China experienced a 2.1% year-over-year increase, while Japan declined 3.8%. European life insurance revenue is projected to reach €583.9 billion by 2026, an increase of 0.1% year-on-year. Since 2017, the market has decreased 1.5% annually. In 2021, France led the way with €177.2 billion, followed by Italy, Germany and the UK. Latvia saw the highest growth at 19.9%, while Estonia experienced the biggest decline of 18.6%.
Top 10 countries
In 2022 major markets in the Life Insurance Industry were:
Life Insurance Market Data and Forecasts
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More in Life Insurance MarketGlobal Life Insurance Statistics
- Gross Written Premium 87 countries (Europe, Western Europe, Northern Europe...)
- Life Insurance Gross Written Premium 85 countries (Europe, Western Europe, Northern Europe...)
- Life Insurance Net Written Premiums 79 countries (Europe, Latin America, South America...)
- Net Written Premium 80 countries (Latin America, Europe, South America...)
- Premiums Written 80 countries (Europe, Latin America, South America...)
- Paid Claims 78 countries (Latin America, Europe, South America...)
- Household Life Insurance And Annuities Assets 51 countries (Europe, Northern Europe, Western Europe...)
- Life Insurance Revenue 45 countries (Europe, Northern Europe, Eastern Europe...)
- Life Insurance Firms Number 47 countries (Australasia, Oceania, Europe...)
- Number Of Enterprises 67 countries (Europe, Northern Europe, Southern Europe...)
