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Permanent Life Insurance-Global Market Insights and Sales Trends 2024

Permanent Life Insurance-Global Market Insights and Sales Trends 2024

Publishing Date : Nov, 2023

License Type :
 

Report Code : 1821306

No of Pages : 122

Synopsis
Permanent Life Insurance is a life insurance policy which is guaranteed to remain in force for theinsured's entire lifetime, provided required premiums are paid, or to the maturity date.
The global Permanent Life Insurance market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Permanent Life Insurance in various end use industries. The expanding demands from the Agency, Brokers, Bancassurance and Digital and Direct Channels, are propelling Permanent Life Insurance market. Non-participating Whole Life, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Participating Whole Life segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Permanent Life Insurance market, driven by demand from China, the second largest economy with some signs of stabilising, the Permanent Life Insurance market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Permanent Life Insurance, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Permanent Life Insurance market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Permanent Life Insurance market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Permanent Life Insurance sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Permanent Life Insurance covered in this report include Allianz, AXA, Generali, Ping An Insurance, China Life Insurance, Prudential PLC, Munich Re, Zurich Insurance and Nippon Life Insurance, etc.
The global Permanent Life Insurance market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
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 and General
Global Permanent Life Insurance market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Permanent Life Insurance market, Segment by Type:
Non-participating Whole Life
Participating Whole Life
Other
Global Permanent Life Insurance market, by Application
Agency
Brokers
Bancassurance
Digital and Direct Channels
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). 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 Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by 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 Four: Detailed analysis of Permanent Life Insurance companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: 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 Twelve: Research Finding/Conclusion
Index
1 Market Overview of Permanent Life Insurance
1.1 Permanent Life Insurance Market Overview
1.1.1 Permanent Life Insurance Product Scope
1.1.2 Permanent Life Insurance Market Status and Outlook
1.2 Global Permanent Life Insurance Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Permanent Life Insurance Market Size by Region (2018-2029)
1.4 Global Permanent Life Insurance Historic Market Size by Region (2018-2023)
1.5 Global Permanent Life Insurance Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Permanent Life Insurance Market Size (2018-2029)
1.6.1 North America Permanent Life Insurance Market Size (2018-2029)
1.6.2 Europe Permanent Life Insurance Market Size (2018-2029)
1.6.3 Asia-Pacific Permanent Life Insurance Market Size (2018-2029)
1.6.4 Latin America Permanent Life Insurance Market Size (2018-2029)
1.6.5 Middle East & Africa Permanent Life Insurance Market Size (2018-2029)
2 Permanent Life Insurance Market by Type
2.1 Introduction
2.1.1 Non-participating Whole Life
2.1.2 Participating Whole Life
2.1.3 Other
2.2 Global Permanent Life Insurance Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Permanent Life Insurance Historic Market Size by Type (2018-2023)
2.2.2 Global Permanent Life Insurance Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Permanent Life Insurance Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Permanent Life Insurance Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Permanent Life Insurance Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Permanent Life Insurance Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Permanent Life Insurance Revenue Breakdown by Type (2018-2029)
3 Permanent Life Insurance Market Overview by Application
3.1 Introduction
3.1.1 Agency
3.1.2 Brokers
3.1.3 Bancassurance
3.1.4 Digital and Direct Channels
3.2 Global Permanent Life Insurance Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Permanent Life Insurance Historic Market Size by Application (2018-2023)
3.2.2 Global Permanent Life Insurance Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Permanent Life Insurance Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Permanent Life Insurance Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Permanent Life Insurance Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Permanent Life Insurance Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Permanent Life Insurance Revenue Breakdown by Application (2018-2029)
4 Permanent Life Insurance Competition Analysis by Players
4.1 Global Permanent Life Insurance Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Permanent Life Insurance as of 2022)
4.3 Date of Key Players Enter into Permanent Life Insurance Market
4.4 Global Top Players Permanent Life Insurance Headquarters and Area Served
4.5 Key Players Permanent Life Insurance Product Solution and Service
4.6 Competitive Status
4.6.1 Permanent Life Insurance Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Allianz
5.1.1 Allianz Profile
5.1.2 Allianz Main Business
5.1.3 Allianz Permanent Life Insurance Products, Services and Solutions
5.1.4 Allianz Permanent Life Insurance Revenue (US$ Million) & (2018-2023)
5.1.5 Allianz Recent Developments
5.2 AXA
5.2.1 AXA Profile
5.2.2 AXA Main Business
5.2.3 AXA Permanent Life Insurance Products, Services and Solutions
5.2.4 AXA Permanent Life Insurance Revenue (US$ Million) & (2018-2023)
5.2.5 AXA Recent Developments
5.3 Generali
5.3.1 Generali Profile
5.3.2 Generali Main Business
5.3.3 Generali Permanent Life Insurance Products, Services and Solutions
5.3.4 Generali Permanent Life Insurance Revenue (US$ Million) & (2018-2023)
5.3.5 Ping An Insurance Recent Developments
5.4 Ping An Insurance
5.4.1 Ping An Insurance Profile
5.4.2 Ping An Insurance Main Business
5.4.3 Ping An Insurance Permanent Life Insurance Products, Services and Solutions
5.4.4 Ping An Insurance Permanent Life Insurance Revenue (US$ Million) & (2018-2023)
5.4.5 Ping An Insurance Recent Developments
5.5 China Life Insurance
5.5.1 China Life Insurance Profile
5.5.2 China Life Insurance Main Business
5.5.3 China Life Insurance Permanent Life Insurance Products, Services and Solutions
5.5.4 China Life Insurance Permanent Life Insurance Revenue (US$ Million) & (2018-2023)
5.5.5 China Life Insurance Recent Developments
5.6 Prudential PLC
5.6.1 Prudential PLC Profile
5.6.2 Prudential PLC Main Business
5.6.3 Prudential PLC Permanent Life Insurance Products, Services and Solutions
5.6.4 Prudential PLC Permanent Life Insurance Revenue (US$ Million) & (2018-2023)
5.6.5 Prudential PLC Recent Developments
5.7 Munich Re
5.7.1 Munich Re Profile
5.7.2 Munich Re Main Business
5.7.3 Munich Re Permanent Life Insurance Products, Services and Solutions
5.7.4 Munich Re Permanent Life Insurance Revenue (US$ Million) & (2018-2023)
5.7.5 Munich Re Recent Developments
5.8 Zurich Insurance
5.8.1 Zurich Insurance Profile
5.8.2 Zurich Insurance Main Business
5.8.3 Zurich Insurance Permanent Life Insurance Products, Services and Solutions
5.8.4 Zurich Insurance Permanent Life Insurance Revenue (US$ Million) & (2018-2023)
5.8.5 Zurich Insurance Recent Developments
5.9 Nippon Life Insurance
5.9.1 Nippon Life Insurance Profile
5.9.2 Nippon Life Insurance Main Business
5.9.3 Nippon Life Insurance Permanent Life Insurance Products, Services and Solutions
5.9.4 Nippon Life Insurance Permanent Life Insurance Revenue (US$ Million) & (2018-2023)
5.9.5 Nippon Life Insurance Recent Developments
5.10 Japan Post Holdings
5.10.1 Japan Post Holdings Profile
5.10.2 Japan Post Holdings Main Business
5.10.3 Japan Post Holdings Permanent Life Insurance Products, Services and Solutions
5.10.4 Japan Post Holdings Permanent Life Insurance Revenue (US$ Million) & (2018-2023)
5.10.5 Japan Post Holdings Recent Developments
5.11 Berkshire Hathaway
5.11.1 Berkshire Hathaway Profile
5.11.2 Berkshire Hathaway Main Business
5.11.3 Berkshire Hathaway Permanent Life Insurance Products, Services and Solutions
5.11.4 Berkshire Hathaway Permanent Life Insurance Revenue (US$ Million) & (2018-2023)
5.11.5 Berkshire Hathaway Recent Developments
5.12 Metlife
5.12.1 Metlife Profile
5.12.2 Metlife Main Business
5.12.3 Metlife Permanent Life Insurance Products, Services and Solutions
5.12.4 Metlife Permanent Life Insurance Revenue (US$ Million) & (2018-2023)
5.12.5 Metlife Recent Developments
5.13 Manulife Financial
5.13.1 Manulife Financial Profile
5.13.2 Manulife Financial Main Business
5.13.3 Manulife Financial Permanent Life Insurance Products, Services and Solutions
5.13.4 Manulife Financial Permanent Life Insurance Revenue (US$ Million) & (2018-2023)
5.13.5 Manulife Financial Recent Developments
5.14 CPIC
5.14.1 CPIC Profile
5.14.2 CPIC Main Business
5.14.3 CPIC Permanent Life Insurance Products, Services and Solutions
5.14.4 CPIC Permanent Life Insurance Revenue (US$ Million) & (2018-2023)
5.14.5 CPIC Recent Developments
5.15 Chubb
5.15.1 Chubb Profile
5.15.2 Chubb Main Business
5.15.3 Chubb Permanent Life Insurance Products, Services and Solutions
5.15.4 Chubb Permanent Life Insurance Revenue (US$ Million) & (2018-2023)
5.15.5 Chubb Recent Developments
5.16 AIG
5.16.1 AIG Profile
5.16.2 AIG Main Business
5.16.3 AIG Permanent Life Insurance Products, Services and Solutions
5.16.4 AIG Permanent Life Insurance Revenue (US$ Million) & (2018-2023)
5.16.5 AIG Recent Developments
5.17 Aviva
5.17.1 Aviva Profile
5.17.2 Aviva Main Business
5.17.3 Aviva Permanent Life Insurance Products, Services and Solutions
5.17.4 Aviva Permanent Life Insurance Revenue (US$ Million) & (2018-2023)
5.17.5 Aviva Recent Developments
5.18 Allstate
5.18.1 Allstate Profile
5.18.2 Allstate Main Business
5.18.3 Allstate Permanent Life Insurance Products, Services and Solutions
5.18.4 Allstate Permanent Life Insurance Revenue (US$ Million) & (2018-2023)
5.18.5 Allstate Recent Developments
5.19 Swiss RE
5.19.1 Swiss RE Profile
5.19.2 Swiss RE Main Business
5.19.3 Swiss RE Permanent Life Insurance Products, Services and Solutions
5.19.4 Swiss RE Permanent Life Insurance Revenue (US$ Million) & (2018-2023)
5.19.5 Swiss RE Recent Developments
5.20 Prudential Financial
5.20.1 Prudential Financial Profile
5.20.2 Prudential Financial Main Business
5.20.3 Prudential Financial Permanent Life Insurance Products, Services and Solutions
5.20.4 Prudential Financial Permanent Life Insurance Revenue (US$ Million) & (2018-2023)
5.20.5 Prudential Financial Recent Developments
5.21 Travelers
5.21.1 Travelers Profile
5.21.2 Travelers Main Business
5.21.3 Travelers Permanent Life Insurance Products, Services and Solutions
5.21.4 Travelers Permanent Life Insurance Revenue (US$ Million) & (2018-2023)
5.21.5 Travelers Recent Developments
5.22 AIA
5.22.1 AIA Profile
5.22.2 AIA Main Business
5.22.3 AIA Permanent Life Insurance Products, Services and Solutions
5.22.4 AIA Permanent Life Insurance Revenue (US$ Million) & (2018-2023)
5.22.5 AIA Recent Developments
5.23 Aflac
5.23.1 Aflac Profile
5.23.2 Aflac Main Business
5.23.3 Aflac Permanent Life Insurance Products, Services and Solutions
5.23.4 Aflac Permanent Life Insurance Revenue (US$ Million) & (2018-2023)
5.23.5 Aflac Recent Developments
5.24 Legal and General
5.24.1 Legal and General Profile
5.24.2 Legal and General Main Business
5.24.3 Legal and General Permanent Life Insurance Products, Services and Solutions
5.24.4 Legal and General Permanent Life Insurance Revenue (US$ Million) & (2018-2023)
5.24.5 Legal and General Recent Developments
6 North America
6.1 North America Permanent Life Insurance Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Permanent Life Insurance Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Permanent Life Insurance Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Permanent Life Insurance Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Permanent Life Insurance Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Permanent Life Insurance Market Dynamics
11.1 Permanent Life Insurance Industry Trends
11.2 Permanent Life Insurance Market Drivers
11.3 Permanent Life Insurance Market Challenges
11.4 Permanent Life Insurance Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List

Published By : QY Research

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