Companies and Markets
Call us on +44 (0) 203 086 8600
Market Research A to Z | Company Profiles A to Z | RegisterRegister | Contact UsContact Us | Shopping Basket Shopping Basket
+44 (0) 203 086 8600 Call us on

Global life insurance market to increase at a CAGR of 4.5%

Industry Sector

Business Services


5 November 2012


Mike King

Type of News


Although the global life insurance market saw revenues decline in 2011, its gross premium is expected to continue its growth path by rising at a compound annual growth rate (CAGR) of 4.5% over the next five years, to reach a market value of US$3,537 billion by 2017.

The industry is coming under a large amount of pressure, which is being intensified by various reasons such as, low interest rates raising concerns over spread compression, volatile equity markets increasing hedging costs and reserve requirements, impacts of the unfolding euro zone financial crisis -- particularly for multinationals, insistent investors wanting higher returns and the changing regulatory environment.

Life insurers in the United States face a conundrum as they head into 2012 -- managing both capital and risk in an economically and politically uncertain year, while continuing to lay the groundwork for future growth. The uncertain economic climate, compounded by ongoing concerns over US debt, continues to put pressure on life insurer ratings and capital levels.

European life insurers face important strategic decisions in 2012. Volatility and deterioration in macroeconomic and political factors are disrupting balance sheets, consumers and investors. Unfolding regulatory initiatives will have a pervasive influence on insurer operations. A mature insurance market across much of the landscape continues to make growth difficult to achieve.

The general outlook for the global insurance industry is mixed, a consequence of persistently challenging economic, market and regulatory circumstances. Other than Asia Pacific, where continued growth is expected in 2012, the rest of the world is mired in economic instability.

Europe, in particular, is saddled with ongoing political and macroeconomic uncertainty, affecting investors, consumers and insurer balance sheets.

For more information on the global life insurance market, see the latest research: Global Life Insurance Market

Follow us on Twitter @CandMResearch

Visitor Comments

All posts are pre-moderated and must obey the house rules.

Change Currency


Change Currency


Use our research skills: Get free support

Free Research Support: Let us do the work for you and find information from public and private sources of information. Contact us now and we can save you time and money.......Free Research Support

December Discounted Prices: Contact us to ask about our special discounts available in December

For the last month in 2014 we are offering discounted prices on a selection of new reports. Please contact us on 00 44 (0) 203 0868600 or via email (click here to email) to ask about prices and special discounts.

Available during December and the run-up to Christmas; Discounted prices on a selection of our reports.

Find all the research at the best prices. Great promotions being offered during December!

We are offering our clients substantial savings on the best research available during December. Please contact us either via emailor by calling our team to discuss your specific research needs on Tel: 00 44 (0) 203 0868600. We look forward to being able to find you the research you require at good prices.


Contrast settings

Text size settings