Global Universal Life Insurance Market by Type (Indexed Universal Life, Traditional or Non-Guaranteed Universal Life, Variable Universal Life Insurance, No Lapse Guaranteed Universal Life), by Distribution Channel (Agency, Digital & Direct Channels, Brokers, Bancassurance) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028
Up Market Research published a new report titled “Universal Life Insurance Market research report which is segmented by Type (Indexed Universal Life, Traditional or Non-Guaranteed Universal Life, Variable Universal Life Insurance, No Lapse Guaranteed Universal Life), by Distribution Channel (Agency, Digital & Direct Channels, Brokers, Bancassurance), By Players/Companies Major players analyzed include Allianz, Japan Post Holdings Co Ltd, MetLife Services and Solutions LLC, AXA, Aviva, Allstate Insurance Company, Berkshire Hathaway Inc. and Reliance Nippon Life Insurance Company Limited, Chubb, Prudential, Ping AN Insurance”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
Report Scope
Report Attributes | Report Details |
Report Title | Universal Life Insurance Market Research Report |
By Type | Indexed Universal Life, Traditional or Non-Guaranteed Universal Life, Variable Universal Life Insurance, No Lapse Guaranteed Universal Life |
By Distribution Channel | Agency, Digital & Direct Channels, Brokers, Bancassurance |
By Companies | Major players analyzed include Allianz, Japan Post Holdings Co Ltd, MetLife Services and Solutions LLC, AXA, Aviva, Allstate Insurance Company, Berkshire Hathaway Inc. and Reliance Nippon Life Insurance Company Limited, Chubb, Prudential, Ping AN Insurance |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 212 |
Number of Tables & Figures | 149 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
Global Universal Life Insurance Market Report Segments:
The market is segmented by Type (Indexed Universal Life, Traditional or Non-Guaranteed Universal Life, Variable Universal Life Insurance, No Lapse Guaranteed Universal Life), by Distribution Channel (Agency, Digital & Direct Channels, Brokers, Bancassurance).
Universal Life Insurance Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
- Industry drivers, restraints, and opportunities covered in the study
- Neutral perspective on the market performance
- Recent industry trends and developments
- Competitive landscape & strategies of key players
- Potential & niche segments and regions exhibiting promising growth covered
- Historical, current, and projected market size, in terms of value
- In-depth analysis of the Universal Life Insurance Market
Overview of the regional outlook of the Universal Life Insurance Market:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
Highlights of The Universal Life Insurance Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of Universal Life Insurance Market.
- Historical data and forecast.
- Estimations for the forecast period 2028.
- Developments and trends in the market.
1. Indexed Universal Life
2. Traditional or Non-Guaranteed Universal Life
3. Variable Universal Life Insurance
4. No Lapse Guaranteed Universal Life
7. By Distribution Channel:1. Agency
2. Digital & Direct Channels
3. Brokers
4. Bancassurance
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Universal Life Insurance Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
Reasons to Purchase the Universal Life Insurance Market Report:
- The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
- Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
- Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
- The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
- Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Universal Life Insurance Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Universal Life Insurance Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Universal Life Insurance Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Universal Life Insurance Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Universal Life Insurance Market Size & Forecast, 2018-2028
4.5.1 Universal Life Insurance Market Size and Y-o-Y Growth
4.5.2 Universal Life Insurance Market Absolute $ Opportunity
Chapter 5 Global Universal Life Insurance Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Universal Life Insurance Market Size Forecast by Type
5.2.1 Indexed Universal Life
5.2.2 Traditional or Non-Guaranteed Universal Life
5.2.3 Variable Universal Life Insurance
5.2.4 No Lapse Guaranteed Universal Life
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Universal Life Insurance Market Analysis and Forecast by Distribution Channel
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Distribution Channel
6.1.2 Basis Point Share (BPS) Analysis by Distribution Channel
6.1.3 Absolute $ Opportunity Assessment by Distribution Channel
6.2 Universal Life Insurance Market Size Forecast by Distribution Channel
6.2.1 Agency
6.2.2 Digital & Direct Channels
6.2.3 Brokers
6.2.4 Bancassurance
6.3 Market Attractiveness Analysis by Distribution Channel
Chapter 7 Global Universal Life Insurance Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Universal Life Insurance Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Universal Life Insurance Analysis and Forecast
9.1 Introduction
9.2 North America Universal Life Insurance Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Universal Life Insurance Market Size Forecast by Type
9.6.1 Indexed Universal Life
9.6.2 Traditional or Non-Guaranteed Universal Life
9.6.3 Variable Universal Life Insurance
9.6.4 No Lapse Guaranteed Universal Life
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Universal Life Insurance Market Size Forecast by Distribution Channel
9.10.1 Agency
9.10.2 Digital & Direct Channels
9.10.3 Brokers
9.10.4 Bancassurance
9.11 Basis Point Share (BPS) Analysis by Distribution Channel
9.12 Absolute $ Opportunity Assessment by Distribution Channel
9.13 Market Attractiveness Analysis by Distribution Channel
Chapter 10 Europe Universal Life Insurance Analysis and Forecast
10.1 Introduction
10.2 Europe Universal Life Insurance Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Universal Life Insurance Market Size Forecast by Type
10.6.1 Indexed Universal Life
10.6.2 Traditional or Non-Guaranteed Universal Life
10.6.3 Variable Universal Life Insurance
10.6.4 No Lapse Guaranteed Universal Life
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Universal Life Insurance Market Size Forecast by Distribution Channel
10.10.1 Agency
10.10.2 Digital & Direct Channels
10.10.3 Brokers
10.10.4 Bancassurance
10.11 Basis Point Share (BPS) Analysis by Distribution Channel
10.12 Absolute $ Opportunity Assessment by Distribution Channel
10.13 Market Attractiveness Analysis by Distribution Channel
Chapter 11 Asia Pacific Universal Life Insurance Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Universal Life Insurance Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Universal Life Insurance Market Size Forecast by Type
11.6.1 Indexed Universal Life
11.6.2 Traditional or Non-Guaranteed Universal Life
11.6.3 Variable Universal Life Insurance
11.6.4 No Lapse Guaranteed Universal Life
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Universal Life Insurance Market Size Forecast by Distribution Channel
11.10.1 Agency
11.10.2 Digital & Direct Channels
11.10.3 Brokers
11.10.4 Bancassurance
11.11 Basis Point Share (BPS) Analysis by Distribution Channel
11.12 Absolute $ Opportunity Assessment by Distribution Channel
11.13 Market Attractiveness Analysis by Distribution Channel
Chapter 12 Latin America Universal Life Insurance Analysis and Forecast
12.1 Introduction
12.2 Latin America Universal Life Insurance Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Universal Life Insurance Market Size Forecast by Type
12.6.1 Indexed Universal Life
12.6.2 Traditional or Non-Guaranteed Universal Life
12.6.3 Variable Universal Life Insurance
12.6.4 No Lapse Guaranteed Universal Life
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Universal Life Insurance Market Size Forecast by Distribution Channel
12.10.1 Agency
12.10.2 Digital & Direct Channels
12.10.3 Brokers
12.10.4 Bancassurance
12.11 Basis Point Share (BPS) Analysis by Distribution Channel
12.12 Absolute $ Opportunity Assessment by Distribution Channel
12.13 Market Attractiveness Analysis by Distribution Channel
Chapter 13 Middle East & Africa (MEA) Universal Life Insurance Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Universal Life Insurance Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Universal Life Insurance Market Size Forecast by Type
13.6.1 Indexed Universal Life
13.6.2 Traditional or Non-Guaranteed Universal Life
13.6.3 Variable Universal Life Insurance
13.6.4 No Lapse Guaranteed Universal Life
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Universal Life Insurance Market Size Forecast by Distribution Channel
13.10.1 Agency
13.10.2 Digital & Direct Channels
13.10.3 Brokers
13.10.4 Bancassurance
13.11 Basis Point Share (BPS) Analysis by Distribution Channel
13.12 Absolute $ Opportunity Assessment by Distribution Channel
13.13 Market Attractiveness Analysis by Distribution Channel
Chapter 14 Competition Landscape
14.1 Universal Life Insurance Market: Competitive Dashboard
14.2 Global Universal Life Insurance Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Major players analyzed include Allianz
14.3.2 Japan Post Holdings Co Ltd
14.3.3 MetLife Services and Solutions LLC
14.3.4 AXA
14.3.5 Aviva
14.3.6 Allstate Insurance Company
14.3.7 Berkshire Hathaway Inc. and Reliance Nippon Life Insurance Company Limited
14.3.8 Chubb
14.3.9 Prudential
14.3.10 Ping AN Insurance