Highlights
The global Senior Life Insurance market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
North American market for Senior Life Insurance is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
Asia-Pacific market for Senior Life Insurance is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The global market for Senior Life Insurance in Seniors over 80 is estimated to increase from $ million in 2023 to $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The key global companies of Senior Life Insurance include AIG, Prudential, AXA, Lincoln Financial, Mutual of Omaha, Pacific Life, Protective, Foresters Financial and Symetra Financial, etc. In 2022, the world's top three vendors accounted for approximately % of the revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Senior Life Insurance, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Senior Life Insurance.
The Senior Life Insurance market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Senior Life Insurance market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Senior Life Insurance companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
By Company
AIG
Prudential
AXA
Lincoln Financial
Mutual of Omaha
Pacific Life
Protective
Foresters Financial
Symetra Financial
Legal & General
Guardian Life
MassMutual
Northwestern Mutual
Segment by Type
Permanent Life Insurance
Term Life Insurance
Segment by Application
Seniors over 80
Seniors over 70
Other Level
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Core Chapters
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Senior Life Insurance companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the key companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Senior Life Insurance Market Size Growth Rate by Type: 2018 VS 2022 VS 2029
1.2.2 Permanent Life Insurance
1.2.3 Term Life Insurance
1.3 Market by Application
1.3.1 Global Senior Life Insurance Market Growth by Application: 2018 VS 2022 VS 2029
1.3.2 Seniors over 80
1.3.3 Seniors over 70
1.3.4 Other Level
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Senior Life Insurance Market Perspective (2018-2029)
2.2 Senior Life Insurance Growth Trends by Region
2.2.1 Global Senior Life Insurance Market Size by Region: 2018 VS 2022 VS 2029
2.2.2 Senior Life Insurance Historic Market Size by Region (2018-2023)
2.2.3 Senior Life Insurance Forecasted Market Size by Region (2024-2029)
2.3 Senior Life Insurance Market Dynamics
2.3.1 Senior Life Insurance Industry Trends
2.3.2 Senior Life Insurance Market Drivers
2.3.3 Senior Life Insurance Market Challenges
2.3.4 Senior Life Insurance Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Senior Life Insurance Players by Revenue
3.1.1 Global Top Senior Life Insurance Players by Revenue (2018-2023)
3.1.2 Global Senior Life Insurance Revenue Market Share by Players (2018-2023)
3.2 Global Senior Life Insurance Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Senior Life Insurance Revenue
3.4 Global Senior Life Insurance Market Concentration Ratio
3.4.1 Global Senior Life Insurance Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Senior Life Insurance Revenue in 2022
3.5 Senior Life Insurance Key Players Head office and Area Served
3.6 Key Players Senior Life Insurance Product Solution and Service
3.7 Date of Enter into Senior Life Insurance Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Senior Life Insurance Breakdown Data by Type
4.1 Global Senior Life Insurance Historic Market Size by Type (2018-2023)
4.2 Global Senior Life Insurance Forecasted Market Size by Type (2024-2029)
5 Senior Life Insurance Breakdown Data by Application
5.1 Global Senior Life Insurance Historic Market Size by Application (2018-2023)
5.2 Global Senior Life Insurance Forecasted Market Size by Application (2024-2029)
6 North America
6.1 North America Senior Life Insurance Market Size (2018-2029)
6.2 North America Senior Life Insurance Market Growth Rate by Country: 2018 VS 2022 VS 2029
6.3 North America Senior Life Insurance Market Size by Country (2018-2023)
6.4 North America Senior Life Insurance Market Size by Country (2024-2029)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Senior Life Insurance Market Size (2018-2029)
7.2 Europe Senior Life Insurance Market Growth Rate by Country: 2018 VS 2022 VS 2029
7.3 Europe Senior Life Insurance Market Size by Country (2018-2023)
7.4 Europe Senior Life Insurance Market Size by Country (2024-2029)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Senior Life Insurance Market Size (2018-2029)
8.2 Asia-Pacific Senior Life Insurance Market Growth Rate by Region: 2018 VS 2022 VS 2029
8.3 Asia-Pacific Senior Life Insurance Market Size by Region (2018-2023)
8.4 Asia-Pacific Senior Life Insurance Market Size by Region (2024-2029)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Senior Life Insurance Market Size (2018-2029)
9.2 Latin America Senior Life Insurance Market Growth Rate by Country: 2018 VS 2022 VS 2029
9.3 Latin America Senior Life Insurance Market Size by Country (2018-2023)
9.4 Latin America Senior Life Insurance Market Size by Country (2024-2029)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Senior Life Insurance Market Size (2018-2029)
10.2 Middle East & Africa Senior Life Insurance Market Growth Rate by Country: 2018 VS 2022 VS 2029
10.3 Middle East & Africa Senior Life Insurance Market Size by Country (2018-2023)
10.4 Middle East & Africa Senior Life Insurance Market Size by Country (2024-2029)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 AIG
11.1.1 AIG Company Detail
11.1.2 AIG Business Overview
11.1.3 AIG Senior Life Insurance Introduction
11.1.4 AIG Revenue in Senior Life Insurance Business (2018-2023)
11.1.5 AIG Recent Development
11.2 Prudential
11.2.1 Prudential Company Detail
11.2.2 Prudential Business Overview
11.2.3 Prudential Senior Life Insurance Introduction
11.2.4 Prudential Revenue in Senior Life Insurance Business (2018-2023)
11.2.5 Prudential Recent Development
11.3 AXA
11.3.1 AXA Company Detail
11.3.2 AXA Business Overview
11.3.3 AXA Senior Life Insurance Introduction
11.3.4 AXA Revenue in Senior Life Insurance Business (2018-2023)
11.3.5 AXA Recent Development
11.4 Lincoln Financial
11.4.1 Lincoln Financial Company Detail
11.4.2 Lincoln Financial Business Overview
11.4.3 Lincoln Financial Senior Life Insurance Introduction
11.4.4 Lincoln Financial Revenue in Senior Life Insurance Business (2018-2023)
11.4.5 Lincoln Financial Recent Development
11.5 Mutual of Omaha
11.5.1 Mutual of Omaha Company Detail
11.5.2 Mutual of Omaha Business Overview
11.5.3 Mutual of Omaha Senior Life Insurance Introduction
11.5.4 Mutual of Omaha Revenue in Senior Life Insurance Business (2018-2023)
11.5.5 Mutual of Omaha Recent Development
11.6 Pacific Life
11.6.1 Pacific Life Company Detail
11.6.2 Pacific Life Business Overview
11.6.3 Pacific Life Senior Life Insurance Introduction
11.6.4 Pacific Life Revenue in Senior Life Insurance Business (2018-2023)
11.6.5 Pacific Life Recent Development
11.7 Protective
11.7.1 Protective Company Detail
11.7.2 Protective Business Overview
11.7.3 Protective Senior Life Insurance Introduction
11.7.4 Protective Revenue in Senior Life Insurance Business (2018-2023)
11.7.5 Protective Recent Development
11.8 Foresters Financial
11.8.1 Foresters Financial Company Detail
11.8.2 Foresters Financial Business Overview
11.8.3 Foresters Financial Senior Life Insurance Introduction
11.8.4 Foresters Financial Revenue in Senior Life Insurance Business (2018-2023)
11.8.5 Foresters Financial Recent Development
11.9 Symetra Financial
11.9.1 Symetra Financial Company Detail
11.9.2 Symetra Financial Business Overview
11.9.3 Symetra Financial Senior Life Insurance Introduction
11.9.4 Symetra Financial Revenue in Senior Life Insurance Business (2018-2023)
11.9.5 Symetra Financial Recent Development
11.10 Legal & General
11.10.1 Legal & General Company Detail
11.10.2 Legal & General Business Overview
11.10.3 Legal & General Senior Life Insurance Introduction
11.10.4 Legal & General Revenue in Senior Life Insurance Business (2018-2023)
11.10.5 Legal & General Recent Development
11.11 Guardian Life
11.11.1 Guardian Life Company Detail
11.11.2 Guardian Life Business Overview
11.11.3 Guardian Life Senior Life Insurance Introduction
11.11.4 Guardian Life Revenue in Senior Life Insurance Business (2018-2023)
11.11.5 Guardian Life Recent Development
11.12 MassMutual
11.12.1 MassMutual Company Detail
11.12.2 MassMutual Business Overview
11.12.3 MassMutual Senior Life Insurance Introduction
11.12.4 MassMutual Revenue in Senior Life Insurance Business (2018-2023)
11.12.5 MassMutual Recent Development
11.13 Northwestern Mutual
11.13.1 Northwestern Mutual Company Detail
11.13.2 Northwestern Mutual Business Overview
11.13.3 Northwestern Mutual Senior Life Insurance Introduction
11.13.4 Northwestern Mutual Revenue in Senior Life Insurance Business (2018-2023)
11.13.5 Northwestern Mutual Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
AIG
Prudential
AXA
Lincoln Financial
Mutual of Omaha
Pacific Life
Protective
Foresters Financial
Symetra Financial
Legal & General
Guardian Life
MassMutual
Northwestern Mutual
*If Applicable.