Variable Life Insurance Market Size And Growth, Drivers, Restraints And Segmentation Report

Variable Life Insurance Market Size And Growth, Drivers, Restraints And Segmentation Report

Variable Life Insurance Global Market Report 2019
Ping An Insurance Is One Of The Largest Companies In The Variable Life Insurance Market, According To TBRC’s Report
(Companies: Allianz, AXA, Generali, Ping An Insurance, and China Life Insurance)

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The global variable life insurance market was valued at about $86.43 billion in 2018. The variable life insurance market consists of sales of variable life insurance products. Variable life insurance is a permanent life insurance policy provided with an investment part.

The global variable life insurance market (https://www.thebusinessresearchcompany.com/report/variable-life-insurance-global-market-report) is expected to grow to $107.25 billion at a rate of about 5.5% through 2022. The economic growth in the emerging markets drives the variable life insurance market with the economies being exposed to external cyclical factors. Improving global economies and a positive scenario in interest rates will continue to impact the market positively.

Individuals in developing countries such as India do not opt for variable life insurance due to lack of awareness, restraining the growth of the market. Poor advice, wrong information, and lack of understanding of the products has a negative influence on the market.

Digitally enabled sales practices and products are being employed in the global variable life insurance market. According to Aegon life, analytics will penetrate and will enable the insurance providers to fulfill unmet customer needs and open new markets with customers preferring digital platforms to research, and manage the policies. For instance, 41% of buyers surveyed preferred digital platforms during the research stage and 90% of buyers indicated a preference for self-management of existing policies through digital channels.

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Major players in the market are Allianz, AXA, Generali, Ping An Insurance, and China Life Insurance. Ping An Insurance known also as Ping An of China, full name Ping An Insurance Company of China, Ltd. is a Chinese holding conglomerate whose subsidiaries mainly deal with insurance, banking, and financial services.

Points From Table of Contents: 

2. Variable Life Insurance Market Characteristics

3. Variable Life Insurance Market Size And Growth

3.1. Global Variable Life Insurance Historic Market, 2014 – 2018, $ Billion

3.1.1. Drivers Of The Market

3.1.2. Restraints On The Market

3.2. Global Variable Life Insurance Forecast Market, 2018 – 2022F, 2025F, 2030F, $ Billion

3.2.1. Drivers Of The Market

3.2.2. Restraints On the Market

4. Variable Life Insurance Market Segmentation

4.1. Global Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2014-2018, 2022F, 2025F, 2030F, $ Billion

Fixed Premium

Variable Universal Life Insurance

4.2. Global Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2014-2018, 2022F, 2025F, 2030F, $ Billion

Agency

Brokers

Bancassurance

Digital & Direct Channels

5. Variable Life Insurance Market Regional And Country Analysis

5.1. Global Variable Life Insurance Market, Split By Region, Historic and Forecast, 2014-2018, 2022F, 2025F, 2030F, $ Billion

5.2. Global Variable Life Insurance Market, Split By Country, Historic and Forecast, 2014-2018, 2022F, 2025F, 2030F, $ Billion

6. Asia-Pacific Variable Life Insurance Market  

6.1. Asia-Pacific Variable Life Insurance Market Overview  

6.2. Asia-Pacific Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2014-2018, 2022F, 2025F, 2030F, $ Billion

6.3. Asia-Pacific Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2014-2018, 2022F, 2025F, 2030F, $ Billion

7. China Variable Life Insurance Market  

7.1. China Variable Life Insurance Market Overview  

7.2. China Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2014-2018, 2022F, 2025F, 2030F,$ Billion

7.3. China Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2014-2018, 2022F, 2025F, 2030F,$ Billion

8. India Variable Life Insurance Market  

8.1. India Variable Life Insurance Market Overview  

8.2. India Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2014-2018, 2022F, 2025F, 2030F, $ Billion

8.3. India Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2014-2018, 2022F, 2025F, 2030F, $ Billion

9. Japan Variable Life Insurance Market  

9.1. Japan Variable Life Insurance Market Overview  

9.2. Japan Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2014-2018, 2022F, 2025F, 2030F, $ Billion

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