From 2017 to 2023, the global life insurance market grew by 17 percent. It is forecasted to grow by a further nine percent from 2023 to 2028, adding less than half a trillion U.S. dollars and reaching a total gross written premium of four trillion U.S. dollars.
Value of life insurance gross written premiums worldwide from 2017 to 2023, with forecasts from 2024 to 2028
(in trillion U.S. dollars)
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Statista. (March 1, 2024). Value of life insurance gross written premiums worldwide from 2017 to 2023, with forecasts from 2024 to 2028 (in trillion U.S. dollars) [Graph]. In Statista. Retrieved January 08, 2025, from https://www.statista.com/statistics/1475100/forecast-global-insurance-market/
Statista. "Value of life insurance gross written premiums worldwide from 2017 to 2023, with forecasts from 2024 to 2028 (in trillion U.S. dollars)." Chart. March 1, 2024. Statista. Accessed January 08, 2025. https://www.statista.com/statistics/1475100/forecast-global-insurance-market/
Statista. (2024). Value of life insurance gross written premiums worldwide from 2017 to 2023, with forecasts from 2024 to 2028 (in trillion U.S. dollars). Statista. Statista Inc.. Accessed: January 08, 2025. https://www.statista.com/statistics/1475100/forecast-global-insurance-market/
Statista. "Value of Life Insurance Gross Written Premiums Worldwide from 2017 to 2023, with Forecasts from 2024 to 2028 (in Trillion U.S. Dollars)." Statista, Statista Inc., 1 Mar 2024, https://www.statista.com/statistics/1475100/forecast-global-insurance-market/
Statista, Value of life insurance gross written premiums worldwide from 2017 to 2023, with forecasts from 2024 to 2028 (in trillion U.S. dollars) Statista, https://www.statista.com/statistics/1475100/forecast-global-insurance-market/ (last visited January 08, 2025)
Value of life insurance gross written premiums worldwide from 2017 to 2023, with forecasts from 2024 to 2028 (in trillion U.S. dollars) [Graph], Statista, March 1, 2024. [Online]. Available: https://www.statista.com/statistics/1475100/forecast-global-insurance-market/