Life Insurance in Asia-Pacific industry profile provides top-line qualitative and quantitative summary information including: market size (value 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The value of the life insurance market is shown in terms of gross premium incomes from mortality protection and retirement savings plans.
- The Asia-Pacific life insurance market had total gross written premiums of $1,082.2bn in 2020, representing a compound annual growth rate (CAGR) of 2.1% between 2016 and 2020.
- The Life Insurance segment was the market's most lucrative in 2020, with total gross written premiums of $953.9bn, equivalent to 88.1% of the market's overall value.
- The future of the pandemic remains uncertain, and the extent of disruption is difficult to gauge; however, it is already clear that life insurance companies will need to adapt.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the life insurance market in Asia-Pacific
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the life insurance market in Asia-Pacific
- Leading company profiles reveal details of key life insurance market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Asia-Pacific life insurance market with five year forecasts
Reasons to Buy
- What was the size of the Asia-Pacific life insurance market by value in 2020?
- What will be the size of the Asia-Pacific life insurance market in 2025?
- What factors are affecting the strength of competition in the Asia-Pacific life insurance market?
- How has the market performed over the last five years?
- What are the main segments that make up Asia-Pacific's life insurance market?
Frequently Asked Questions about the Asia-Pacific Life Insurance Market
What is the estimated value of the Asia-Pacific Life Insurance Market?
What is the growth rate of the Asia-Pacific Life Insurance Market?
What is the forecasted size of the Asia-Pacific Life Insurance Market?
Who are the key companies in the Asia-Pacific Life Insurance Market?
Report Attribute | Details |
---|---|
No. of Pages | 49 |
Published | October 2021 |
Forecast Period | 2020 - 2025 |
Estimated Market Value ( USD | $ 1082.22 Billion |
Forecasted Market Value ( USD | $ 1319.94 Billion |
Compound Annual Growth Rate | 4.0% |
Regions Covered | Asia Pacific |
Table of Contents
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Companies Mentioned
A selection of companies mentioned in this report includes:
- China Life Insurance Co Ltd
- Ping An Insurance (Group) Company of China, Ltd.
- Nippon Life Insurance Company
- Dai-ichi Life Holdings Inc