Insurance Industry Research Report 2025

Summary

Insurance is a business that provides coverage, in the form of compensation resulting from loss, damages, injury, treatment or hardship in exchange for premium payments. The company calculates the risk of occurrence then determines the cost to replace (pay for) the loss to determine the premium amount.

According to APO Research, The global Insurance market was valued at US$ million in 2024 and is anticipated to reach US$ million by 2031, witnessing a CAGR of xx% during the forecast period 2025-2031.

North American market for Insurance is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

Asia-Pacific market for Insurance is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

Europe market for Insurance is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

The major global companies of Insurance include Allianz, AXA, Generali, Ping An Insurance, China Life Insurance, Prudential PLC, Munich Re, Zurich Insurance and Nippon Life Insurance, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Insurance, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Insurance.

The Insurance market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Insurance market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2020-2025. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses.

Insurance Segment by Company

Allianz
AXA
Generali
Ping An Insurance
China Life Insurance
Prudential PLC
Munich Re
Zurich Insurance
Nippon Life Insurance
Japan Post Holdings
Berkshire Hathaway
Metlife
Manulife Financial
CPIC
Chubb
AIG
Aviva
Allstate
Swiss RE
Prudential Financial
Travelers
AIA
Aflac
Legal & General

Insurance Segment by Type

Life Insurance
Non-Life Insurance

Insurance Segment by Application

Agency
Brokers
Bancassurance
Digital and Direct Channels

Insurance Segment by Application

Agency
Brokers
Bancassurance
Digital and Direct Channels

Insurance Segment by Region

North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Russia
Netherlands
Nordic Countries
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Saudi Arabia
Israel
United Arab Emirates
Turkey
Iran
Egypt

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Insurance market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Insurance and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Insurance.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Provides the analysis of various market segments product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 6: Detailed analysis of Insurance companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 7, 8, 9, 10, 11: North America, Europe, Asia Pacific, South America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 12: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including revenue, gross margin, product introduction, recent development, etc.
Chapter 13: The main points and conclusions of the report.

Please Note: Single-User license will be delivered via PDF from the publisher without the rights to print or to edit.


1 Preface
1.1 Scope of Report
1.2 Reasons for Doing This Study
1.3 Research Methodology
1.4 Research Process
1.5 Data Source
1.5.1 Secondary Sources
1.5.2 Primary Sources
2 Market Overview
2.1 Product Definition
2.2 Insurance by Type
2.2.1 Market Value Comparison by Type (2020 VS 2024 VS 2031)
2.2.2 Life Insurance
2.2.3 Non-Life Insurance
2.3 Insurance by Application
2.3.1 Market Value Comparison by Application (2020 VS 2024 VS 2031)
2.3.2 Agency
2.3.3 Brokers
2.3.4 Bancassurance
2.3.5 Digital and Direct Channels
2.4 Assumptions and Limitations
3 Insurance Breakdown Data by Type
3.1 Global Insurance Historic Market Size by Type (2020-2025)
3.2 Global Insurance Forecasted Market Size by Type (2026-2031)
4 Insurance Breakdown Data by Application
4.1 Global Insurance Historic Market Size by Application (2020-2025)
4.2 Global Insurance Forecasted Market Size by Application (2026-2031)
5 Global Growth Trends
5.1 Global Insurance Market Perspective (2020-2031)
5.2 Global Insurance Growth Trends by Region
5.2.1 Global Insurance Market Size by Region: 2020 VS 2024 VS 2031
5.2.2 Insurance Historic Market Size by Region (2020-2025)
5.2.3 Insurance Forecasted Market Size by Region (2026-2031)
5.3 Insurance Market Dynamics
5.3.1 Insurance Industry Trends
5.3.2 Insurance Market Drivers
5.3.3 Insurance Market Challenges
5.3.4 Insurance Market Restraints
6 Market Competitive Landscape by Players
6.1 Global Top Insurance Players by Revenue
6.1.1 Global Top Insurance Players by Revenue (2020-2025)
6.1.2 Global Insurance Revenue Market Share by Players (2020-2025)
6.2 Global Insurance Industry Players Ranking, 2023 VS 2024 VS 2025
6.3 Global Key Players of Insurance Head Office and Area Served
6.4 Global Insurance Players, Product Type & Application
6.5 Global Insurance Manufacturers Established Date
6.6 Global Insurance Market CR5 and HHI
6.7 Global Players Mergers & Acquisition
7 North America
7.1 North America Insurance Market Size (2020-2031)
7.2 North America Insurance Market Growth Rate by Country: 2020 VS 2024 VS 2031
7.3 North America Insurance Market Size by Country (2020-2025)
7.4 North America Insurance Market Size by Country (2026-2031)
7.5 United States
7.5 United States
7.6 Canada
7.7 Mexico
8 Europe
8.1 Europe Insurance Market Size (2020-2031)
8.2 Europe Insurance Market Growth Rate by Country: 2020 VS 2024 VS 2031
8.3 Europe Insurance Market Size by Country (2020-2025)
8.4 Europe Insurance Market Size by Country (2026-2031)
8.5 Germany
8.6 France
8.7 U.K.
8.8 Italy
8.9 Spain
8.10 Russia
8.11 Netherlands
8.12 Nordic Countries
9 Asia-Pacific
9.1 Asia-Pacific Insurance Market Size (2020-2031)
9.2 Asia-Pacific Insurance Market Growth Rate by Country: 2020 VS 2024 VS 2031
9.3 Asia-Pacific Insurance Market Size by Country (2020-2025)
9.4 Asia-Pacific Insurance Market Size by Country (2026-2031)
9.5 China
9.6 Japan
9.7 South Korea
9.8 India
9.9 Australia
9.10 China Taiwan
9.11 Southeast Asia
10 South America
10.1 South America Insurance Market Size (2020-2031)
10.2 South America Insurance Market Growth Rate by Country: 2020 VS 2024 VS 2031
10.3 South America Insurance Market Size by Country (2020-2025)
10.4 South America Insurance Market Size by Country (2026-2031)
10.5 Brazil
10.6 Argentina
10.7 Chile
10.8 Colombia
10.9 Peru
11 Middle East & Africa
11.1 Middle East & Africa Insurance Market Size (2020-2031)
11.2 Middle East & Africa Insurance Market Growth Rate by Country: 2020 VS 2024 VS 2031
11.3 Middle East & Africa Insurance Market Size by Country (2020-2025)
11.4 Middle East & Africa Insurance Market Size by Country (2026-2031)
11.5 Saudi Arabia
11.6 Israel
11.7 United Arab Emirates
11.8 Turkey
11.9 Iran
11.10 Egypt
12 Players Profiled
12.1 Allianz
12.1.1 Allianz Company Information
12.1.2 Allianz Business Overview
12.1.3 Allianz Revenue in Insurance Business (2020-2025)
12.1.4 Allianz Insurance Product Portfolio
12.1.5 Allianz Recent Developments
12.2 AXA
12.2.1 AXA Company Information
12.2.2 AXA Business Overview
12.2.3 AXA Revenue in Insurance Business (2020-2025)
12.2.4 AXA Insurance Product Portfolio
12.2.5 AXA Recent Developments
12.3 Generali
12.3.1 Generali Company Information
12.3.2 Generali Business Overview
12.3.3 Generali Revenue in Insurance Business (2020-2025)
12.3.4 Generali Insurance Product Portfolio
12.3.5 Generali Recent Developments
12.4 Ping An Insurance
12.4.1 Ping An Insurance Company Information
12.4.2 Ping An Insurance Business Overview
12.4.3 Ping An Insurance Revenue in Insurance Business (2020-2025)
12.4.4 Ping An Insurance Insurance Product Portfolio
12.4.5 Ping An Insurance Recent Developments
12.5 China Life Insurance
12.5.1 China Life Insurance Company Information
12.5.2 China Life Insurance Business Overview
12.5.3 China Life Insurance Revenue in Insurance Business (2020-2025)
12.5.4 China Life Insurance Insurance Product Portfolio
12.5.5 China Life Insurance Recent Developments
12.6 Prudential PLC
12.6.1 Prudential PLC Company Information
12.6.2 Prudential PLC Business Overview
12.6.3 Prudential PLC Revenue in Insurance Business (2020-2025)
12.6.4 Prudential PLC Insurance Product Portfolio
12.6.5 Prudential PLC Recent Developments
12.7 Munich Re
12.7.1 Munich Re Company Information
12.7.2 Munich Re Business Overview
12.7.3 Munich Re Revenue in Insurance Business (2020-2025)
12.7.4 Munich Re Insurance Product Portfolio
12.7.5 Munich Re Recent Developments
12.8 Zurich Insurance
12.8.1 Zurich Insurance Company Information
12.8.2 Zurich Insurance Business Overview
12.8.3 Zurich Insurance Revenue in Insurance Business (2020-2025)
12.8.4 Zurich Insurance Insurance Product Portfolio
12.8.5 Zurich Insurance Recent Developments
12.9 Nippon Life Insurance
12.9.1 Nippon Life Insurance Company Information
12.9.2 Nippon Life Insurance Business Overview
12.9.3 Nippon Life Insurance Revenue in Insurance Business (2020-2025)
12.9.4 Nippon Life Insurance Insurance Product Portfolio
12.9.5 Nippon Life Insurance Recent Developments
12.10 Japan Post Holdings
12.10.1 Japan Post Holdings Company Information
12.10.2 Japan Post Holdings Business Overview
12.10.3 Japan Post Holdings Revenue in Insurance Business (2020-2025)
12.10.4 Japan Post Holdings Insurance Product Portfolio
12.10.5 Japan Post Holdings Recent Developments
12.11 Berkshire Hathaway
12.11.1 Berkshire Hathaway Company Information
12.11.2 Berkshire Hathaway Business Overview
12.11.3 Berkshire Hathaway Revenue in Insurance Business (2020-2025)
12.11.4 Berkshire Hathaway Insurance Product Portfolio
12.11.5 Berkshire Hathaway Recent Developments
12.12 Metlife
12.12.1 Metlife Company Information
12.12.2 Metlife Business Overview
12.12.3 Metlife Revenue in Insurance Business (2020-2025)
12.12.4 Metlife Insurance Product Portfolio
12.12.5 Metlife Recent Developments
12.13 Manulife Financial
12.13.1 Manulife Financial Company Information
12.13.2 Manulife Financial Business Overview
12.13.3 Manulife Financial Revenue in Insurance Business (2020-2025)
12.13.4 Manulife Financial Insurance Product Portfolio
12.13.5 Manulife Financial Recent Developments
12.14 CPIC
12.14.1 CPIC Company Information
12.14.2 CPIC Business Overview
12.14.3 CPIC Revenue in Insurance Business (2020-2025)
12.14.4 CPIC Insurance Product Portfolio
12.14.5 CPIC Recent Developments
12.15 Chubb
12.15.1 Chubb Company Information
12.15.2 Chubb Business Overview
12.15.3 Chubb Revenue in Insurance Business (2020-2025)
12.15.4 Chubb Insurance Product Portfolio
12.15.5 Chubb Recent Developments
12.16 AIG
12.16.1 AIG Company Information
12.16.2 AIG Business Overview
12.16.3 AIG Revenue in Insurance Business (2020-2025)
12.16.4 AIG Insurance Product Portfolio
12.16.5 AIG Recent Developments
12.17 Aviva
12.17.1 Aviva Company Information
12.17.2 Aviva Business Overview
12.17.3 Aviva Revenue in Insurance Business (2020-2025)
12.17.4 Aviva Insurance Product Portfolio
12.17.5 Aviva Recent Developments
12.18 Allstate
12.18.1 Allstate Company Information
12.18.2 Allstate Business Overview
12.18.3 Allstate Revenue in Insurance Business (2020-2025)
12.18.4 Allstate Insurance Product Portfolio
12.18.5 Allstate Recent Developments
12.19 Swiss RE
12.19.1 Swiss RE Company Information
12.19.2 Swiss RE Business Overview
12.19.3 Swiss RE Revenue in Insurance Business (2020-2025)
12.19.4 Swiss RE Insurance Product Portfolio
12.19.5 Swiss RE Recent Developments
12.20 Prudential Financial
12.20.1 Prudential Financial Company Information
12.20.2 Prudential Financial Business Overview
12.20.3 Prudential Financial Revenue in Insurance Business (2020-2025)
12.20.4 Prudential Financial Insurance Product Portfolio
12.20.5 Prudential Financial Recent Developments
12.21 Travelers
12.21.1 Travelers Company Information
12.21.2 Travelers Business Overview
12.21.3 Travelers Revenue in Insurance Business (2020-2025)
12.21.4 Travelers Insurance Product Portfolio
12.21.5 Travelers Recent Developments
12.22 AIA
12.22.1 AIA Company Information
12.22.2 AIA Business Overview
12.22.3 AIA Revenue in Insurance Business (2020-2025)
12.22.4 AIA Insurance Product Portfolio
12.22.5 AIA Recent Developments
12.23 Aflac
12.23.1 Aflac Company Information
12.23.2 Aflac Business Overview
12.23.3 Aflac Revenue in Insurance Business (2020-2025)
12.23.4 Aflac Insurance Product Portfolio
12.23.5 Aflac Recent Developments
12.24 Legal & General
12.24.1 Legal & General Company Information
12.24.2 Legal & General Business Overview
12.24.3 Legal & General Revenue in Insurance Business (2020-2025)
12.24.4 Legal & General Insurance Product Portfolio
12.24.5 Legal & General Recent Developments
13 Report Conclusion
14 Disclaimer

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings