Global Life Insurance Industry Almanac 2017 – Research and Markets

DUBLIN--(BUSINESS WIRE)-- The "Life Insurance Global Industry Almanac 2017" report has been added to ResearchAndMarkets.com's offering.

The global life insurance market had total gross written premiums of $2,563bn in 2016, representing a compound annual growth rate (CAGR) of 3.4% between 2012 and 2016.

Global Life Insurance industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key highlights

• The value of the life insurance market is shown in terms of gross premium incomes from mortality protection and retirement savings plans. All currency conversions have been calculated using constant 2016 annual average exchange rates. The insurance market depends on a variety of economic and non-economic factors and future performance is difficult to predict. The forecast given in this report is not based on a complex economic model, but is intended as a rough guide to the direction in which the market is likely to move.
• The life insurance segment was the market's most lucrative in 2016, with total gross written premiums of $1,685.4bn, equivalent to 65.8% of the market's overall value.
• Unlike most other global markets, the pension/annuity segment dominates in the US. This is primarily due to the dominance of the private sector as far as pension and insurance in the US are concerned.

For more information about this report visit https://www.researchandmarkets.com/research/gvlv84/global_life?w=4

View source version on businesswire.com: http://www.businesswire.com/news/home/20180115005599/en/

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Related Topics: Insurance, Life Insurance

Source: Research and Markets