Publisher's latest report, Life Insurance: Global IndustryAlmanac, is a global life insurance industry guide providing top-line qualitative and quantitative summary information including: market share, market size (value 2011-15, and forecast to 2020). The guide also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Market value forecast
In 2020, the global life insurance market is forecast to have a value of $3,356.2 billion, an increase of 19.5% since 2015.
Life insurance is the largest segment of the global life insurance market, accounting for 69.1% of the market's total value.
Asia-Pacific accounts for 37.6% of the global life insurance market value.
AXA is the leading player in the global life insurance market, generating a 2.5% share of the market's value.
Asia-Pacific accounts for the largest share of the global market, closely followed by Europe. Growth is largely being driven by countries such as China, India, South Korea, Russia, and South American countries.