The Business Research Company’s Variable Life Insurance Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Variable Life Insurance Global Market Report 2023 evaluates variable life insurance market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global variable life insurance market size is expected to grow from $115.71 billion in 2022 to $123.41 billion in 2023 at a compound annual growth rate (CAGR) of 6.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global variable life insurance market size is expected to reach $156.97 billion in 2027 at a CAGR of 6.2%.
The Variable Life Insurance Market Segments In The Report Are:
Variable Life Insurance Market By Type
- Fixed Premium
- Variable Universal Life Insurance
Variable Life Insurance Market By Components
- Death benefits
- Add-on benefits
Variable Life Insurance Market By End-User
- Agency
- Brokers
- Bancassurance
- Digital and Direct Channel
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The table of contents in TBRC’s variable life insurance market report includes:
- Executive Summary
- Market Characteristics
- Market Trends And Strategies
- Impact Of COVID-19
- Market Size And Growth
- Segmentation
- Regional And Country Analysis
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- Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions
- Future Outlook and Potential Analysis
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