Life Insurance North America (NAFTA) Industry Guide 2018-2027


Summary

The NAFTA Life Insurance industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value , and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.


Key Highlights

  • The North American Free Trade Agreement (NAFTA) is a trade agreement between the countries in North America: the US, Canada and Mexico. The life insurance industry within the NAFTA countries had a total market value of $758.8 billion in 2022.The Canada was the fastest growing country, with a CAGR of 7.3% over the 2018-22 period.
  • Within the life insurance industry, the US is the leading country among the NAFTA bloc, with market revenues of $672.0 billion in 2022. This was followed by Canada and Mexico, with a value of $71.7 and $15.1 billion, respectively.
  • The US is expected to lead the life insurance industry in the NAFTA bloc, with a value of $882.2 billion in 2027, followed by Canada and Mexico with expected values of $94.7 and $18.1 billion, respectively.




Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the NAFTA life insurance market
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the NAFTA life insurance market
  • Leading company profiles reveal details of key life insurance market players’ NAFTA operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the NAFTA life insurance market with five year forecasts
  • Compares data from the US, Canada and Mexico, alongside individual chapters on each country




Reasons To Buy

  • What was the size of the NAFTA life insurance market by value in 2022?
  • What will be the size of the NAFTA life insurance market in 2027?
  • What factors are affecting the strength of competition in the NAFTA life insurance market?
  • How has the market performed over the last five years?
  • Who are the top competitors in the NAFTA life insurance market?