United States of America (USA) Life Insurance Âé¶¹Ô´´ to 2027
Summary
Life Insurance in the United States industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The market is segmented into Life Insurance and Pension/Annuity.
- The US life insurance market had total gross written premiums of $672 billion in 2022, representing a compound annual growth rate (CAGR) of 3.5% between 2017 and 2022.
- The pension/annuity segment accounted for the market's largest proportion in 2022, with total gross written premiums of $399.2 billion, equivalent to 59.4% of the market's overall value.
- Life insurance coverage in the US population is relatively high. According to in-house research, in 2022, life insurance penetration (ratio of premiums to GDP) in the US was 4.5%.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the life insurance market in the United States
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the life insurance market in the United States
- 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 United States life insurance market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the United States life insurance market by value in 2022?
- What will be the size of the United States life insurance market in 2027?
- What factors are affecting the strength of competition in the United States life insurance market?
- How has the market performed over the last five years?
- Who are the top competitors in the United States's life insurance market?
Table of Contents
1 Executive Summary
1.1. Âé¶¹Ô´´ value
1.2. Âé¶¹Ô´´ value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Âé¶¹Ô´´ share
1.6. Âé¶¹Ô´´ rivalry
1.7. Competitive landscape
2 Âé¶¹Ô´´ Overview
2.1. Âé¶¹Ô´´ definition
2.2. Âé¶¹Ô´´ analysis
3 Âé¶¹Ô´´ Data
3.1. Âé¶¹Ô´´ value
4 Âé¶¹Ô´´ Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Âé¶¹Ô´´ Outlook
5.1. Âé¶¹Ô´´ value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Âé¶¹Ô´´ share
7.2. Who are the leading players?
7.3. What strategies do the leading players follow?
7.4. What are the strengths of the leading players?
8 Company Profiles
8.1. MetLife Inc
8.2. New York Life Insurance Co
8.3. Prudential Financial Inc
8.4. The Northwestern Mutual Life Insurance Co
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related Âé¶¹Ô´´Line research
10.4. About Âé¶¹Ô´´Line
List of Tables
List of Tables
Table 1: United States life insurance market value: $ billion, 2017–22
Table 2: United States life insurance market category segmentation: % share, by value, 2017–2022
Table 3: United States life insurance market category segmentation: $ billion, 2017-2022
Table 4: United States life insurance market geography segmentation: $ billion, 2022
Table 5: United States life insurance market value forecast: $ billion, 2022–27
Table 6: United States life insurance market share: % share, by value, 2022
Table 7: MetLife Inc: key facts
Table 8: MetLife Inc: Annual Financial Ratios
Table 9: MetLife Inc: Key Employees
Table 10: MetLife Inc: Key Employees Continued
Table 11: MetLife Inc: Key Employees Continued
Table 12: New York Life Insurance Co: key facts
Table 13: New York Life Insurance Co: Key Employees
Table 14: New York Life Insurance Co: Key Employees Continued
Table 15: Prudential Financial Inc: key facts
Table 16: Prudential Financial Inc: Annual Financial Ratios
Table 17: Prudential Financial Inc: Key Employees
Table 18: Prudential Financial Inc: Key Employees Continued
Table 19: The Northwestern Mutual Life Insurance Co: key facts
Table 20: The Northwestern Mutual Life Insurance Co: Key Employees
Table 21: The Northwestern Mutual Life Insurance Co: Key Employees Continued
Table 22: United States size of population (million), 2018–22
Table 23: United States gdp (constant 2005 prices, $ billion), 2018–22
Table 24: United States gdp (current prices, $ billion), 2018–22
Table 25: United States inflation, 2018–22
Table 26: United States consumer price index (absolute), 2018–22
Table 27: United States exchange rate, 2018–22
List of Figures
List of Figures
Figure 1: United States life insurance market value: $ billion, 2017–22
Figure 2: United States life insurance market category segmentation: $ billion, 2017-2022
Figure 3: United States life insurance market geography segmentation: % share, by value, 2022
Figure 4: United States life insurance market value forecast: $ billion, 2022–27
Figure 5: Forces driving competition in the life insurance market in the United States, 2022
Figure 6: Drivers of buyer power in the life insurance market in the United States, 2022
Figure 7: Drivers of supplier power in the life insurance market in the United States, 2022
Figure 8: Factors influencing the likelihood of new entrants in the life insurance market in the United States, 2022
Figure 9: Factors influencing the threat of substitutes in the life insurance market in the United States, 2022
Figure 10: Drivers of degree of rivalry in the life insurance market in the United States, 2022
Figure 11: United States life insurance market share: % share, by value, 2022
MetLife Inc
New York Life Insurance Co
Prudential Financial Inc
The Northwestern Mutual Life Insurance Co
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*If Applicable.