As the global economy mends, the 2021 growth of Group Insurance will have significant change from previous year. According to our (LP Information) latest study, the global Group Insurance market size is USD million in 2022 from USD million in 2021, with a change of % between 2021 and 2022. The global Group Insurance market size will reach USD million in 2028, growing at a CAGR of % over the analysis period 2022-2028.
The United States Group Insurance market is expected at value of US$ million in 2021 and grow at approximately % CAGR during forecast period 2022-2028. China constitutes a % market for the global Group Insurance market, reaching US$ million by the year 2028. As for the Europe Group Insurance landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period 2022-2028. In APAC, the growth rates of other notable markets (Japan and South Korea) are projected to be at % and % respectively for the next 6-year period.
Global main Group Insurance players cover UnitedHealth Group Incorporated, AXA S.A., China Life Insurance (Group) Company, and Ping An Insurance (Group) Company of China Ltd., etc. In terms of revenue, the global largest two companies occupy a share nearly % in 2021.
This report presents a comprehensive overview, market shares, and growth opportunities of Group Insurance market by product type, application, key players and key regions and countries.
Segmentation by type: breakdown data from 2017 to 2022 in Section 2.3; and forecast to 2028 in section 10.7.
Group Life Insurance
Group Accident Insurance
Group Health Insurance
Group Annuity Insurance
Segmentation by application: breakdown data from 2017 to 2022, in Section 2.4; and forecast to 2028 in section 10.8.
Enterprise
Government
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major players in the market. The key players covered in this report: Breakdown data in in Chapter 3.
UnitedHealth Group Incorporated
AXA S.A.
China Life Insurance (Group) Company
Ping An Insurance (Group) Company of China Ltd.
Allianz SE
Anthem, Inc.
Kaiser Foundation Group of Health Plans
Assicurazioni Generali S.p.A.
State Farm Group
People’s Insurance Company (Group) of China Ltd.
Berkshire Hathaway Inc.
Munich Reinsurance Company
Prudential plc
Aetna Inc.
Humana Inc.
Nippon Life Insurance Company
ICICI Prudential Life
Zurich
SSQ Insurance
QBE Insurance Group