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)
Characteristic
Value in trillion U.S. dollars
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Exclusive Premium Statistic
To access all Premium Statistics, you need a paid Statista Account
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
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 July 22, 2024, 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 July 22, 2024. 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: July 22, 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, 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 July 22, 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], Statista, March 1, 2024. [Online]. Available: https://www.statista.com/statistics/1475100/forecast-global-insurance-market/