Global Life Insurance Underwriting Market Growth (Status and Outlook) 2024-2030

Global Life Insurance Underwriting Market Growth (Status and Outlook) 2024-2030

Life insurance underwriting is the process by which an insurance company evaluates the risk of insuring a person and determines the terms and pricing of a life insurance policy. The underwriting process involves several key steps and factors that insurers consider to assess the risk posed by the applicant.

The global Life Insurance Underwriting market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.

LPI (LP Information)' newest research report, the “Life Insurance Underwriting Industry Forecast” looks at past sales and reviews total world Life Insurance Underwriting sales in 2022, providing a comprehensive analysis by region and market sector of projected Life Insurance Underwriting sales for 2023 through 2029. With Life Insurance Underwriting sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Life Insurance Underwriting industry.

This Insight Report provides a comprehensive analysis of the global Life Insurance Underwriting landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Life Insurance Underwriting portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Life Insurance Underwriting market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Life Insurance Underwriting and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Life Insurance Underwriting.

United States market for Life Insurance Underwriting is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Life Insurance Underwriting is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for Life Insurance Underwriting is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Life Insurance Underwriting players cover Prudential Financial, MetLife, New York Life Insurance Company, Northwestern Mutual, MassMutual (Massachusetts Mutual Life Insurance Company), etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of Life Insurance Underwriting market by product type, application, key players and key regions and countries.

Segmentation by Type:
Term Life Insurance
Non-term Life Insurance

Segmentation by Application:
Business
Personal

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

Segmentation by Type:
Term Life Insurance
Non-term Life Insurance

Segmentation by Application:
Business
Personal

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Prudential Financial
MetLife
New York Life Insurance Company
Northwestern Mutual
MassMutual (Massachusetts Mutual Life Insurance Company)
John Hancock
Lincoln Financial Group
AIG (American International Group)
Transamerica
Principal Financial Group

Please note: The report will take approximately 2 business days to prepare and deliver.