|[November 09, 2012]
Research and Markets: Life Insurance in the United States - Expected to Reach a Market Value of $650.8 billion by the end of 2016
DUBLIN --(Business Wire)--
Research and Markets (http://www.researchandmarkets.com/research/qmncnc/life_insurance_in)
has announced the addition of the "Life
Insurance in the United States" report to their offering.
Life Insurance in the United States industry profile provides top-line
qualitative and quantitative summary information including: market size
(value 2007-11, and forecast to 2016). The profile also contains
descriptions of the leading players including key financial metrics and
analysis of competitive pressures within the market. Essential resource
for top-line data and analysis covering the United States life insurance
market. Includes market size data, textual and graphical analysis of
market growth trends, leading companies and macroeconomic information.
- The value of the life insurance market is shown in terms of gross
premium incomes from mortality protection and retirement savings plans.
All currency conversions have been calculated using cnstant 2011 annual
average exchange rates. The insurance market depends on a variety of
economic and non-economic factors and future performance is difficult to
predict. The forecast given in this report is not based on a complex
economic model, but is intended as a rough guide to the direction in
which the market is likely to move.
- The US life insurance market had total gross written premiums of
$537.6 billion in 2011, representing a compound annual rate of change
(CARC) of -1.8% between 2007 and 2011.
- The pension/annuity segment was the market's most lucrative in 2011,
with total gross written premiums of $390.8 billion, equivalent to 72.7%
of the market's overall value.
- The performance of the market is forecast to accelerate, with an
anticipated CAGR of 3.9% for the five-year period 2011 - 2016, which is
expected to drive the market to a value of $650.8 billion by the end of
Key Topics Covered:
Market value forecast
Market value forecast
Five Forces Analysis
Threat of substitutes
Degree of rivalry
New York Life Insurance Company
The Northwestern Mutual Life Insurance Company
Prudential Financial, Inc.
Related MarketLine research
For more information visit http://www.researchandmarkets.com/research/qmncnc/life_insurance_in
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