Global Life & Non-Life Insurance Markets to 2023: Set to Exceed $1 Trillion by 2023 - ResearchAndMarkets.com - Insurance News | InsuranceNewsNet

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October 4, 2018 Newswires
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Global Life & Non-Life Insurance Markets to 2023: Set to Exceed $1 Trillion by 2023 – ResearchAndMarkets.com

Business Wire

DUBLIN--(BUSINESS WIRE)-- The "Global Life & Non-Life Insurance Market - by Region - Market Size, Demand Forecasts, Company Profiles, Industry Trends and Updates (2017-2023)" report has been added to ResearchAndMarkets.com's offering.

The global life and non-life insurance market was USD 609.12 billion in 2017 and will reach USD 1,009.28 billion by 2023 at a CAGR of 7.48% during the forecast period.
High volume industrialized countries are driving the growth of the market. Global economic growth will also drive the market growth.

In 2017, Asia-Pacific held largest share in the market. Western Europe also had a major share in the market. Africa held smallest share in the market.

Industry Trends & Updates

  • The insurance industry is increasing the use of digital and mobile technologies to enhance their risk management capabilities and improve customer experience.
  • Insurers are increasing exploration of automation of business processes across the value chain and developing artificial intelligence applications such as robo-advisors.
Companies Profiled

  • Ping An
  • Allianz
  • AXA Group
  • Aviva
  • Aflac
  • Prudential
  • Zurich
  • Chubb
  • AIA Group
  • Munich RE
  • Swiss RE
  • Manulife
  • Generali Group
  • Dai-ichi
  • MetLife
  • and more...

Key Topics Covered

1. Research Methodology

2. Executive Summary

3. Market Overview

4. Market Dynamics

5. Global Life & Non-Life Insurance Market Segmentation, Forecasts and Trends - by Region

6. Company Market Share Analysis

7. Company Profiles

8. Industry Structure

9. Global Life & Non-Life Insurance Market - The Road Ahead

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

View source version on businesswire.com: https://www.businesswire.com/news/home/20181004005248/en/

ResearchAndMarkets.com

Laura Wood, Senior Manager

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Related Topics: Insurance

Source: Research and Markets

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