Life Insurance & Annuities in Illinois - Industry Market Research Report

  • ID: 4578179
  • Report
  • Region: Illinois
  • 29 pages
  • IBISWorld
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Covering higher: Rising employment and interest rates will support industry growth

FEATURED COMPANIES

  • MetLife Inc.
  • Prudential Financial Inc.
  • MORE

Life Insurance & Annuities in Illinois

Over the five years to 2017, the Life Insurance and Annuities industry in Illinois has exhibited healthy growth in line with growing demand. For example, per capita disposable income in Illinois has trended upward as the state economy has grown. As a result, Illinoisans have benefited from greater income to spend on discretionary expenses, including life insurance and annuities. The industry is also anticipated to strengthen over the five years to 2022 as demand for industry products and services grows. Illinoisans will have additional income to spend on life insurance and annuities, augmenting industry revenue.

Operators within this industry are primarily engaged in accepting liability under annuities and life, disability income and accidental death and dismemberment insurance policies in Illinois. Enterprises within this industry include fraternal organizations, privately held insurers, publicly traded insurers and mutual insurance companies.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • MetLife Inc.
  • Prudential Financial Inc.
  • MORE
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY
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  • MetLife Inc.
  • Prudential Financial Inc.
  • Jackson National Life Insurance Company
  • The Northwestern Mutual Life Insurance Company
Note: Product cover images may vary from those shown
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