2021 Global Life & Health Insurance Carriers Industry Market Research Report - ResearchAndMarkets.com – InsuranceNewsNet - Insurance News Net

DUBLIN–(BUSINESS WIRE)–
The “Global Life & Health Insurance Carriers – Industry Market Research Report” report has been added to ResearchAndMarkets.com’s offering.

The Global Life and Health Insurance Carriers industry has grown sluggishly over the five years to 2019 despite growth in global demand for insurance products.

The industry provides crucial risk management services to downstream consumers and is a vital part of the financial sector, particularly with respect to the industry’s massive asset holdings. In addition to premiums from insurance underwriting, industry operators also obtain revenue from financial instruments, such as stocks and bonds, which generate income and capital gains.

However, this exposure to financial markets, particularly for life insurers, means that revenue and profit can exhibit significant volatility. Market conditions are forecast to improve over the five years to 2024. Moreover, improving employment and disposable income levels globally are expected to drive demand for insurance.

Insurers in this industry directly underwrite insurance policies relating to life, health, accident and medical risks. Underwriting insurance policies involves assuming risks and assigning premiums. Life and health insurers generate revenue, not only through the specific activity of insurance underwriting, but also by investing premiums and annuity contracts. The industry excludes social health insurance programs that are established and funded by governments.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

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