The rise of black swan events and catastrophic losses are placing the insurance industry under greater pressure than ever before. To address these shifting realities and maintain profitability, insurers must price their products more effectively, build more sensitive risk models and enhance operational efficiency. Financial services organizations as a whole must also take steps to stress test their balance sheets and quantify their risk exposures. Achieving these goals calls for more complex and precise actuarial analyses.
Âé¶¹Ô´´ Analysis and Insights: Global Actuarial Service Âé¶¹Ô´´
The global Actuarial Service market is projected to grow from US$ million in 2024 to US$ million by 2030, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.
In the U.S., the main companies providing actuarial services are Milliman, Willis Towers Watson, PwC, EY, Deloitte, KPMG, Aon, Saber Pension, LifeWorks, etc., with Milliman and Willis Towers Watson holding close to 25% of the market share. In terms of their product categories, the market size of Loss Reserve Certification, Loss Funding and Dividend Forecasting & Valuation are growing faster with a trend of 1.43%, 1.42% and 1.2% respectively.
Report Covers:
This report presents an overview of global market for Actuarial Service market size. Analyses of the global market trends, with historic market revenue data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.
This report researches the key producers of Actuarial Service, also provides the revenue of main regions and countries. Highlights of the upcoming market potential for Actuarial Service, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the Actuarial Service revenue, market share and industry ranking of main companies, data from 2019 to 2024. Identification of the major stakeholders in the global Actuarial Service market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type and by Application, revenue, and growth rate, from 2019 to 2030. Evaluation and forecast the market size for Actuarial Service revenue, projected growth trends, production technology, application and end-user industry.
Âé¶¹Ô´´ Segmentation
By Company
PwC
EY
Deloitte
KPMG
Aon
Saber Pension
LifeWorks
Lockton Companies
Alkhwarizmi Actuarial Services
Baker Tilly
Robus Group
Marsh McLennan Agency
Huggins Actuarial Services
Marsh
Willis Towers Watson
Segment by Type
Loss Reserve Certification
Loss Funding and Payout Projection
Ratemaking
Captive Feasibility Study
Retention Optimisation
Risk Transfer Opinion
Others
Segment by Application
Insurance
Bank
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
China
Asia (excluding China)
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Brazil
Mexico
Turkey
Israel
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Revenue of Actuarial Service in global and regional level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world. This section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Actuarial Service companies’ competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: North America (US & Canada) by Type, by Application and by country, revenue for each segment.
Chapter 7: Europe by Type, by Application and by country, revenue for each segment.
Chapter 8: China by Type, and by Application, revenue for each segment.
Chapter 9: Asia (excluding China) by Type, by Application and by region, revenue for each segment.
Chapter 10: Middle East, Africa, and Latin America by Type, by Application and by country, revenue for each segment.
Chapter 11: Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Actuarial Service revenue, gross margin, and recent development, etc.
Chapter 12: Analyst's Viewpoints/Conclusions
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Report Overview
1.1 Study Scope
1.2 Âé¶¹Ô´´ Analysis by Type
1.2.1 Global Actuarial Service Âé¶¹Ô´´ Size Growth Rate by Type, 2019 VS 2023 VS 2030
1.2.2 Loss Reserve Certification
1.2.3 Loss Funding and Payout Projection
1.2.4 Ratemaking
1.2.5 Captive Feasibility Study
1.2.6 Retention Optimisation
1.2.7 Risk Transfer Opinion
1.2.8 Others
1.3 Âé¶¹Ô´´ by Application
1.3.1 Global Actuarial Service Âé¶¹Ô´´ Size Growth Rate by Application, 2019 VS 2023 VS 2030
1.3.2 Insurance
1.3.3 Bank
1.3.4 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Actuarial Service Âé¶¹Ô´´ Perspective (2019-2030)
2.2 Global Actuarial Service Growth Trends by Region
2.2.1 Actuarial Service Âé¶¹Ô´´ Size by Region: 2019 VS 2023 VS 2030
2.2.2 Actuarial Service Historic Âé¶¹Ô´´ Size by Region (2019-2024)
2.2.3 Actuarial Service Forecasted Âé¶¹Ô´´ Size by Region (2025-2030)
2.3 Actuarial Service Âé¶¹Ô´´ Dynamics
2.3.1 Actuarial Service Industry Trends
2.3.2 Actuarial Service Âé¶¹Ô´´ Drivers
2.3.3 Actuarial Service Âé¶¹Ô´´ Challenges
2.3.4 Actuarial Service Âé¶¹Ô´´ Restraints
3 Competition Landscape by Key Players
3.1 Global Revenue Actuarial Service by Players
3.1.1 Global Actuarial Service Revenue by Players (2019-2024)
3.1.2 Global Actuarial Service Revenue Âé¶¹Ô´´ Share by Players (2019-2024)
3.2 Global Actuarial Service Âé¶¹Ô´´ Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players of Actuarial Service, Ranking by Revenue, 2022 VS 2023 VS 2024
3.4 Global Actuarial Service Âé¶¹Ô´´ Concentration Ratio
3.4.1 Global Actuarial Service Âé¶¹Ô´´ Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Actuarial Service Revenue in 2023
3.5 Global Key Players of Actuarial Service Head office and Area Served
3.6 Global Key Players of Actuarial Service, Product and Application
3.7 Global Key Players of Actuarial Service, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Actuarial Service Breakdown Data by Type
4.1 Global Actuarial Service Historic Âé¶¹Ô´´ Size by Type (2019-2024)
4.2 Global Actuarial Service Forecasted Âé¶¹Ô´´ Size by Type (2025-2030)
5 Actuarial Service Breakdown Data by Application
5.1 Global Actuarial Service Historic Âé¶¹Ô´´ Size by Application (2019-2024)
5.2 Global Actuarial Service Forecasted Âé¶¹Ô´´ Size by Application (2025-2030)
6 North America
6.1 North America Actuarial Service Âé¶¹Ô´´ Size (2019-2030)
6.2 North America Actuarial Service Âé¶¹Ô´´ Size by Type
6.2.1 North America Actuarial Service Âé¶¹Ô´´ Size by Type (2019-2024)
6.2.2 North America Actuarial Service Âé¶¹Ô´´ Size by Type (2025-2030)
6.2.3 North America Actuarial Service Âé¶¹Ô´´ Share by Type (2019-2030)
6.3 North America Actuarial Service Âé¶¹Ô´´ Size by Application
6.3.1 North America Actuarial Service Âé¶¹Ô´´ Size by Application (2019-2024)
6.3.2 North America Actuarial Service Âé¶¹Ô´´ Size by Application (2025-2030)
6.3.3 North America Actuarial Service Âé¶¹Ô´´ Share by Application (2019-2030)
6.4 North America Actuarial Service Âé¶¹Ô´´ Size by Country
6.4.1 North America Actuarial Service Âé¶¹Ô´´ Size by Country: 2019 VS 2023 VS 2030
6.4.2 North America Actuarial Service Âé¶¹Ô´´ Size by Country (2019-2024)
6.4.3 North America Actuarial Service Âé¶¹Ô´´ Size by Country (2025-2030)
6.4.4 United States
6.4.5 Canada
7 Europe
7.1 Europe Actuarial Service Âé¶¹Ô´´ Size (2019-2030)
7.2 Europe Actuarial Service Âé¶¹Ô´´ Size by Type
7.2.1 Europe Actuarial Service Âé¶¹Ô´´ Size by Type (2019-2024)
7.2.2 Europe Actuarial Service Âé¶¹Ô´´ Size by Type (2025-2030)
7.2.3 Europe Actuarial Service Âé¶¹Ô´´ Share by Type (2019-2030)
7.3 Europe Actuarial Service Âé¶¹Ô´´ Size by Application
7.3.1 Europe Actuarial Service Âé¶¹Ô´´ Size by Application (2019-2024)
7.3.2 Europe Actuarial Service Âé¶¹Ô´´ Size by Application (2025-2030)
7.3.3 Europe Actuarial Service Âé¶¹Ô´´ Share by Application (2019-2030)
7.4 Europe Actuarial Service Âé¶¹Ô´´ Size by Country
7.4.1 Europe Actuarial Service Âé¶¹Ô´´ Size by Country: 2019 VS 2023 VS 2030
7.4.2 Europe Actuarial Service Âé¶¹Ô´´ Size by Country (2019-2024)
7.4.3 Europe Actuarial Service Âé¶¹Ô´´ Size by Country (2025-2030)
7.4.3 Germany
7.4.4 France
7.4.5 U.K.
7.4.6 Italy
7.4.7 Russia
7.4.8 Nordic Countries
8 China
8.1 China Actuarial Service Âé¶¹Ô´´ Size (2019-2030)
8.2 China Actuarial Service Âé¶¹Ô´´ Size by Type
8.2.1 China Actuarial Service Âé¶¹Ô´´ Size by Type (2019-2024)
8.2.2 China Actuarial Service Âé¶¹Ô´´ Size by Type (2025-2030)
8.2.3 China Actuarial Service Âé¶¹Ô´´ Share by Type (2019-2030)
8.3 China Actuarial Service Âé¶¹Ô´´ Size by Application
8.3.1 China Actuarial Service Âé¶¹Ô´´ Size by Application (2019-2024)
8.3.2 China Actuarial Service Âé¶¹Ô´´ Size by Application (2025-2030)
8.3.3 China Actuarial Service Âé¶¹Ô´´ Share by Application (2019-2030)
9 Asia (excluding China)
9.1 Asia Actuarial Service Âé¶¹Ô´´ Size (2019-2030)
9.2 Asia Actuarial Service Âé¶¹Ô´´ Size by Type
9.2.1 Asia Actuarial Service Âé¶¹Ô´´ Size by Type (2019-2024)
9.2.2 Asia Actuarial Service Âé¶¹Ô´´ Size by Type (2025-2030)
9.2.3 Asia Actuarial Service Âé¶¹Ô´´ Share by Type (2019-2030)
9.3 Asia Actuarial Service Âé¶¹Ô´´ Size by Application
9.3.1 Asia Actuarial Service Âé¶¹Ô´´ Size by Application (2019-2024)
9.3.2 Asia Actuarial Service Âé¶¹Ô´´ Size by Application (2025-2030)
9.3.3 Asia Actuarial Service Âé¶¹Ô´´ Share by Application (2019-2030)
9.4 Asia Actuarial Service Âé¶¹Ô´´ Size by Region
9.4.1 Asia Actuarial Service Âé¶¹Ô´´ Size by Region: 2019 VS 2023 VS 2030
9.4.2 Asia Actuarial Service Âé¶¹Ô´´ Size by Region (2019-2024)
9.4.3 Asia Actuarial Service Âé¶¹Ô´´ Size by Region (2025-2030)
9.4.4 Japan
9.4.5 South Korea
9.4.6 China Taiwan
9.4.7 Southeast Asia
9.4.8 India
9.4.9 Australia
10 Middle East, Africa, and Latin America
10.1 Middle East, Africa, and Latin America Actuarial Service Âé¶¹Ô´´ Size (2019-2030)
10.2 Middle East, Africa, and Latin America Actuarial Service Âé¶¹Ô´´ Size by Type
10.2.1 Middle East, Africa, and Latin America Actuarial Service Âé¶¹Ô´´ Size by Type (2019-2024)
10.2.2 Middle East, Africa, and Latin America Actuarial Service Âé¶¹Ô´´ Size by Type (2025-2030)
10.2.3 Middle East, Africa, and Latin America Actuarial Service Âé¶¹Ô´´ Share by Type (2019-2030)
10.3 Middle East, Africa, and Latin America Actuarial Service Âé¶¹Ô´´ Size by Application
10.3.1 Middle East, Africa, and Latin America Actuarial Service Âé¶¹Ô´´ Size by Application (2019-2024)
10.3.2 Middle East, Africa, and Latin America Actuarial Service Âé¶¹Ô´´ Size by Application (2025-2030)
10.3.3 Middle East, Africa, and Latin America Actuarial Service Âé¶¹Ô´´ Share by Application (2019-2030)
10.4 Middle East, Africa, and Latin America Actuarial Service Âé¶¹Ô´´ Size by Country
10.4.1 Middle East, Africa, and Latin America Actuarial Service Âé¶¹Ô´´ Size by Country: 2019 VS 2023 VS 2030
10.4.2 Middle East, Africa, and Latin America Actuarial Service Âé¶¹Ô´´ Size by Country (2019-2024)
10.4.3 Middle East, Africa, and Latin America Actuarial Service Âé¶¹Ô´´ Size by Country (2025-2030)
10.4.4 Brazil
10.4.5 Mexico
10.4.6 Turkey
10.4.7 Saudi Arabia
10.4.8 Israel
10.4.9 GCC Countries
11 Key Players Profiles
11.1 PwC
11.1.1 PwC Company Details
11.1.2 PwC Business Overview
11.1.3 PwC Actuarial Service Introduction
11.1.4 PwC Revenue in Actuarial Service Business (2019-2024)
11.1.5 PwC Recent Developments
11.2 EY
11.2.1 EY Company Details
11.2.2 EY Business Overview
11.2.3 EY Actuarial Service Introduction
11.2.4 EY Revenue in Actuarial Service Business (2019-2024)
11.2.5 EY Recent Developments
11.3 Deloitte
11.3.1 Deloitte Company Details
11.3.2 Deloitte Business Overview
11.3.3 Deloitte Actuarial Service Introduction
11.3.4 Deloitte Revenue in Actuarial Service Business (2019-2024)
11.3.5 Deloitte Recent Developments
11.4 KPMG
11.4.1 KPMG Company Details
11.4.2 KPMG Business Overview
11.4.3 KPMG Actuarial Service Introduction
11.4.4 KPMG Revenue in Actuarial Service Business (2019-2024)
11.4.5 KPMG Recent Developments
11.5 Aon
11.5.1 Aon Company Details
11.5.2 Aon Business Overview
11.5.3 Aon Actuarial Service Introduction
11.5.4 Aon Revenue in Actuarial Service Business (2019-2024)
11.5.5 Aon Recent Developments
11.6 Saber Pension
11.6.1 Saber Pension Company Details
11.6.2 Saber Pension Business Overview
11.6.3 Saber Pension Actuarial Service Introduction
11.6.4 Saber Pension Revenue in Actuarial Service Business (2019-2024)
11.6.5 Saber Pension Recent Developments
11.7 LifeWorks
11.7.1 LifeWorks Company Details
11.7.2 LifeWorks Business Overview
11.7.3 LifeWorks Actuarial Service Introduction
11.7.4 LifeWorks Revenue in Actuarial Service Business (2019-2024)
11.7.5 LifeWorks Recent Developments
11.8 Lockton Companies
11.8.1 Lockton Companies Company Details
11.8.2 Lockton Companies Business Overview
11.8.3 Lockton Companies Actuarial Service Introduction
11.8.4 Lockton Companies Revenue in Actuarial Service Business (2019-2024)
11.8.5 Lockton Companies Recent Developments
11.9 Alkhwarizmi Actuarial Services
11.9.1 Alkhwarizmi Actuarial Services Company Details
11.9.2 Alkhwarizmi Actuarial Services Business Overview
11.9.3 Alkhwarizmi Actuarial Services Actuarial Service Introduction
11.9.4 Alkhwarizmi Actuarial Services Revenue in Actuarial Service Business (2019-2024)
11.9.5 Alkhwarizmi Actuarial Services Recent Developments
11.10 Baker Tilly
11.10.1 Baker Tilly Company Details
11.10.2 Baker Tilly Business Overview
11.10.3 Baker Tilly Actuarial Service Introduction
11.10.4 Baker Tilly Revenue in Actuarial Service Business (2019-2024)
11.10.5 Baker Tilly Recent Developments
11.11 Robus Group
11.11.1 Robus Group Company Details
11.11.2 Robus Group Business Overview
11.11.3 Robus Group Actuarial Service Introduction
11.11.4 Robus Group Revenue in Actuarial Service Business (2019-2024)
11.11.5 Robus Group Recent Developments
11.12 Marsh McLennan Agency
11.12.1 Marsh McLennan Agency Company Details
11.12.2 Marsh McLennan Agency Business Overview
11.12.3 Marsh McLennan Agency Actuarial Service Introduction
11.12.4 Marsh McLennan Agency Revenue in Actuarial Service Business (2019-2024)
11.12.5 Marsh McLennan Agency Recent Developments
11.13 Huggins Actuarial Services
11.13.1 Huggins Actuarial Services Company Details
11.13.2 Huggins Actuarial Services Business Overview
11.13.3 Huggins Actuarial Services Actuarial Service Introduction
11.13.4 Huggins Actuarial Services Revenue in Actuarial Service Business (2019-2024)
11.13.5 Huggins Actuarial Services Recent Developments
11.14 Marsh
11.14.1 Marsh Company Details
11.14.2 Marsh Business Overview
11.14.3 Marsh Actuarial Service Introduction
11.14.4 Marsh Revenue in Actuarial Service Business (2019-2024)
11.14.5 Marsh Recent Developments
11.15 Willis Towers Watson
11.15.1 Willis Towers Watson Company Details
11.15.2 Willis Towers Watson Business Overview
11.15.3 Willis Towers Watson Actuarial Service Introduction
11.15.4 Willis Towers Watson Revenue in Actuarial Service Business (2019-2024)
11.15.5 Willis Towers Watson Recent Developments
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
PwC
EY
Deloitte
KPMG
Aon
Saber Pension
LifeWorks
Lockton Companies
Alkhwarizmi Actuarial Services
Baker Tilly
Robus Group
Marsh McLennan Agency
Huggins Actuarial Services
Marsh
Willis Towers Watson
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*If Applicable.