Canadian Life Insurance Market: Q2 2024 Sales Results
Canadian life insurance market new annualized premium grew 10% to C$522 mn ($387 mn) in Q2 2024 compared to the same period last year. Policy count also increased 4%
Life Insurance Market
The Life insurance market size, measured by revenue, of the Life Insurance & Annuities industry is $1.1trln.
The life insurance business of buying and selling insurance, and the companies that are involved in it: They aim to stabilize the insurance market and increase competition so that insurance premiums can be lowered. The motivation to buy life insurance is particularly strong for consumers experiencing big life changes. The life insurance target market includes U.S. adults in the 31–45 age group. These consumers are in the life stage that includes getting married, having children and buying homes.
In this section, we have collected the most current articles and reviews on the topic of the Life Insurance Market.
U.S. Life Insurance Market in 2024. Top 20 Life Insurers by Premium
Total U.S. life insurance new annualized premium fell 1% in the H1 2024 to $7.4 bn and policies sold remained flat. The total number of policies sold in the 2024
US Life Insurers Report Strong 2024 Earnings and Outline Strategic Growth
US life insurers experienced a relatively stable second quarter, showing higher year-over-year earnings and unveiling strategic updates for select companies
Rising Interest Rates Boost Life Insurers’ Risk Appetite
Life insurers’ risk appetite is returning rapidly as interest rates remain higher for longer. Stock insurers are regaining appetite for asset-intensive business
World Insurance Industry in 2024 Reached a New Equilibrium
The global insurance industry has reached a new equilibrium after the challenges of recent years. The global economy has surprised on the upside
Retirement Savings Gap and Life Insurance Strategies
The low interest rate years were challenging for people trying to save for retirement. Low rates made savings products and life insurance less appealing
Life Insurers’ Exposures to Illiquid Assets Have Been Rising
While life insurers’ exposures to illiquid assets have been rising, it does not necessarily lead to unmeasured risks. Private and illiquid credit cannot be traded or sold
Higher Interest Rates Improve the Outlook for Life Insurance
Higher interest rates improve the outlook for life insurers. Demand for savings-related products is surging, with US fixed annuity sales
Global Life Insurance Industry in 2024 Undergoing Significant Evolution
The life insurance industry in 2024 looks very different to 15 years ago. Low interest rates from 2008 until the inflation surge after 2021 put huge strain on the traditional life
Life Insurance & Retirement Savings. Forecast for the U.S. & Europe
The surge in interest rates to 15-year highs significantly improves the outlook for life and annuity insurance. The life insurance industry today looks very different to 15 years ago
UK Life Insurance Sector Outlook for 2024 is Improving
UK life insurance sector are likely to pass on more of the interest they earn on customer cash balances to protect their reputations as customer fairness regulation
US Life Insurers Will See a Benefit to Investment Income in 2024
US life insurers are expected to see a benefit to investment income amid high interest rates in 2024, but investors will likely still be watching for potential issues
Why Millennials Buying Life Insurance? Top Reasons
Life insurance costs and concerns for millennials plus types of insurance most important to young people. 26% of millennials had trouble affording their insurance
US Life Insurance Companies to See Growth Earnings in 2024
US Life insurers’ significant capital and short-term liquidity make them unlikely to be forced sellers of real estate assets at distressed valuations
Business Models and Investment Strategies of US Life Insurers
Private credit investments are increasingly important to the business models and investment strategies of US life insurers
U.S. Life Insurance Companies Investment Portfolio
Rising interest rates are expected to continue to reduce investment maintenance reserve (IMR) balances for U.S. life insurers
Australian Insurance Market Statistics for 1H 2023
The Australian Prudential Regulation Authority (APRA) has released its quarterly general and life insurance performance statistics
7 Simple Steps How to Buy Life Insurance Policy
The decision to buy a life insurance policy is a 7 significant step in securing financial stability for loved ones in the event of one’s passing
Taiwan Insurance Market: Forecasts, Regulation & Investments
Taiwan Insurance Market still face high pressure to build capital in the near to medium term to meet the more stringent interest rate charges
US Life Insurers Reports Improving Mortality Results
US life insurers are expected to report improving mortality results for the second quarter and field questions related to credit risk
U.S. & European Life Insurers’ CRE Exposure is Via Commercial Mortgage Loans
U.S. life insurers’ commercial real estate (CRE) exposure is predominantly via commercial mortgage loans, with more modest exposure
Asian Emerging Insurance Market in 2024 Drives to Growth
Emerging Asia is expected to be the main contributor to global economic growth in the coming years, according to Swiss Re Institute’s latest sigma
U.S. Life Insurance Sector Outlook Remains Neutral
The U.S. life insurance sector outlook remains neutral, and issuers are well positioned to withstand commercial real estate challenges and expected asset deterioration
Life Insurance Value Chain — Distribution & Product Management
Traditional problems Life Insurance industry for decades—such as earnings sensitivity to external factors and opaque risks will remain
Global Insurance Market Premiums & Rates Forecast for 2024
Swiss Re Institute expects the insurance industry to return to premium growth of 2.1% annually on average in real terms in 2023 and 2024
Major deals have led global M&A activity in 2024, showing increasing confidence among dealmakers despite geopolitical and economic challenges
Hurricane Milton is anticipated to be one of the most powerful and economically detrimental hurricanes to make landfall in the western region of Florida
There are approximately 133 million healthcare data breaches each year. Healthcare systems remain complex to secure, and cybercriminals take full advantage of this
Insurance claims management software can streamline intake, evaluation, validation, payouts and closure. Unfortunately, not all platforms are built to the same standard