Global Variable Life Insurance Market Report 2024

Variable Life Insurance Global Market Report 2024 – By Type (Fixed Premium, Variable Universal Life Insurance), By Components (Death benefits, Add-on benefits), By End-User (Agency, Brokers, Bancassurance, Digital and Direct Channel) – Market Size, Trends, And Global Forecast 2024-2033

Starting Price : $4000.00 | Pages : 175 | Published : January 2024 | Delivery Time: 2-3 business days | Format : pdf

Purchase Options
Request Sample
Request For Discount
FAQs
Customise Your Report
Request For Proposal
Request For Regional Data

Need assistance or more information before the purchase?

Enquire Before Buying
Variable Life Insurance Global Market Report 2023

Proud Members Of

checkslacipN checkaoirsN checkscipN
Description Table Of Contents Tables & Figures Market Insights Related Reports

Variable Life Insurance Market Definition And Segments

Variable life insurance refers to a type of permanent life insurance that allows the policyholder to invest the cash value of the policy in a variety of investment options, such as stocks, bonds, and mutual funds. It works best for people who can afford to pay possibly higher premiums and put up with market volatility. An investment and life insurance are both included in a variable life insurance policy.

The major types of variable life insurance are fixed premium and variable universal life insurance. A fixed premium is a set amount of money that is regularly paid to an insurance company in exchange for coverage under a specific insurance policy. The major components included are death benefits and add-on benefits. These are used by several end-users, such as agency, brokers, bancassurance, and digital and direct channel.

The variable life insurance market covered in this report is segmented –

1) By Type: Fixed Premium, Variable Universal Life Insurance

2) By Components: Death benefits, Add-on benefits

3) By End-User: Agency, Brokers, Bancassurance, Digital and Direct Channel

The variable life insurance market size has grown strongly in recent years. It will grow from $123.41 billion in 2023 to $130.97 billion in 2024 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to investment component attraction, estate planning and wealth transfer, market participation and investment growth, flexibility in premium payments, tax advantages.

The variable life insurance market size is expected to see strong growth in the next few years. It will grow to $170.38 billion in 2028 at a compound annual growth rate (CAGR) of 6.8%. The growth in the forecast period can be attributed to increasing awareness of financial planning, demographic shifts and inheritance planning, risk management and investment diversification, customization and tailored policies, retirement planning solutions. Major trends in the forecast period include adoption of predictive analytics for risk assessment, expansion of online sales and distribution channels, collaboration with insurtech startups, introduction of wellness and health incentives, enhancement of customer education and financial literacy.

Economic Development Fuels Variable Life Insurance Growth In Expanding Insurance Landscape

The rapid growth of the overall insurance industry is expected to propel the growth of the variable life insurance market. The growth in the insurance industry can be attributed to factors such as increasing awareness of the need for insurance, a growing middle class, and economic development. As the insurance industry grows, more people have access to insurance products, including variable life insurance, which allows policyholders to invest a portion of their premiums in a variety of investment options, such as stocks and bonds. For instance, in 2020, according to the Organization for Economic Co-operation and Development, a France-based intergovernmental organization with 38 member countries, the total gross premiums in the OECD countries increased to $5225 billion as compared to $5031 billion in 2019. Major countries such as the United States and the United Kingdom reported total gross premiums of $2934 billion and $380.90 billion, respectively, in the insurance sector. Therefore, the rapid growth of the overall insurance industry is significantly contributing to the growth of the variable life insurance market.

Government Support Ignites Variable Life Insurance Growth Through Favorable Regulations

Favorable government regulations and policies are expected to propel the growth of the variable life insurance market going forward. Favorable government regulations and policies denote supportive legal frameworks and official rules established by authorities to encourage and facilitate specific industries or practices, fostering compliance, growth, and positive economic impact. Favorable government regulations and policies can benefit variable life insurance by ensuring consumer protection, disclosure, and transparency of fees and expenses, as well as providing supervision and compliance guidelines. These regulations also cover tax aspects and the suitability of the product, ultimately contributing to the overall trust and stability of variable life insurance. For instance, in March 2022, according to the US Department of Treasury In 2021, the record $819 billion of direct premiums written for the life and health (L&H) sector constituted growth of nearly 7% over 2020, marking the strongest increase over the past 10 years. This high growth in direct premiums was partly caused by a resurging interest in life insurance resulting from increases in mortality and morbidity from the COVID-19 pandemic. Therefore, the favorable government regulations and policies is significantly contributing to the growth of the variable life insurance market.

Major companies operating in the variable life insurance market report are Berkshire Hathaway Inc., Ping An Insurance (Group) Company of China Ltd., Allianz SE, AXA SA, Japan Post Holdings Co Ltd., MetLife Inc., Munich Reinsurance Group, Prudential PLC, New York Life Insurance Company, American International Group Inc., Allstate Corporation, Nationwide Mutual Insurance Company, Swiss Reinsurance Company Ltd., Chubb Limited, Nippon Life Insurance Company, Zurich Insurance Group AG, Massachusetts Mutual Life Insurance Company, Northwestern Mutual Life Insurance Company, Aflac Incorporated, Lincoln National Corporation, Principal Financial Group Inc., Aviva PLC, Manulife Financial Corporation, Protective Life Corporation, The Penn Mutual Life Insurance Company, AIA Group Limited, Ohio National Financial Services Inc., John Hancock Life Insurance Company (USA), Generali Assicurazioni SPA, Metropolitan Life Insurance Company

Variable Life Insurers Drive Growth Through New Product Offerings

New product development has emerged as the major trend gaining popularity in the variable life insurance market. Major companies operating in the variable life insurance market are introducing new innovative life insurance products to strengthen their position in the market. For instance, in November 2022, Prudential Financial, Inc., a US-based insurance company, introduced Prudential FlexGuard Life, an innovative index-variable universal life insurance policy that provides a versatile blend of coverage, growth potential, and accessibility to cater to the evolving life insurance requirements of customers. Prudential FlexGuard Life offers death benefit protection with fixed duration options, various methods to increase cash values, and the flexibility to access death benefits early in case of chronic or terminal illness if the required rider is added to the policy. Customers have the option to take charge of their future because the solution is adaptable and can be modified in response to changing needs. When necessary, it gives them access to cash values, giving them a unique opportunity to leave a legacy and increasing their ability to receive living benefits.

Innovative Insurtech Solutions Transform Variable Life Insurance Market Dynamics

Major companies operating in the variable life insurance market are developing innovative products with advanced technologies such as digital platforms. The growth of digital platforms has made it easier for customers to access and manage their variable life insurance policies, with online tools and mobile apps allowing them to track their investments, pay premiums, and make changes to their policies. For instance, in September 2022, OneAmerica, a US-based financial services mutual holding organization, recently launched a Variable Universal Life (VUL) insurance product, combining protection strategies with investment options to provide individuals with protection while offering the ability to accumulate cash value through investment opportunities. The VUL insurance product is part of OneAmerica's expansion of its product portfolio, demonstrating the company's commitment to providing a diverse range of options to its customers.

Kkr & Co. Inc. Acquired Atlantic Financial Group

In February 2021, KKR & Co. Inc. a US-based investment management company acquired Global Atlantic Financial Group Limited for an amount of $90 billion. Through this acquisition, KKR & Co. Inc. aims to reinforce its status as a top annuity and life insurance provider in the USA, as well as improve its capability to offer attractive options for clients and secure more long-term funding. Global Atlantic Financial Group Limited is US-based insurance company that offers a wide range of life insurance products.

North America was the largest region in the variable life insurance market in 2023. Asia-Pacific is expected to be the fastest-growing region in the global variable life insurance market report during the forecast period. The regions covered in the variable life insurance market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the variable life insurance market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The variable life insurance market includes revenues earned by entities by providing cash value, investment variety, and flexible premiums. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The variable life insurance market research report is one of a series of new reports from The Business Research Company that provides variable life insurance market statistics, including variable life insurance industry global market size, regional shares, competitors with a variable life insurance market share, detailed variable life insurance market segments, market trends and opportunities, and any further data you may need to thrive in the variable life insurance industry. This variable life insurance market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Variable Life Insurance Market Report Scope
Report AttributeDetails
Market Size Value In 2024 $130.97 billion
Revenue Forecast In 2033 $170.38 billion
Growth Rate CAGR of 6.8% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Type: Fixed Premium, Variable Universal Life Insurance
2) By Components: Death benefits, Add-on benefits
3) By End-User: Agency, Brokers, Bancassurance, Digital and Direct Channel
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa
Key Companies Profiled Berkshire Hathaway Inc.; Ping An Insurance (Group) Company of China Ltd.; Allianz SE; AXA SA; Japan Post Holdings Co. Ltd.; MetLife Inc.; Munich Reinsurance Group; Prudential plc; New York Life Insurance Company; American International Group Inc.; Allstate Corporation; Nationwide Mutual Insurance Company; Swiss Reinsurance Company Ltd; Chubb Limited; Nippon Life Insurance Company; Zurich Insurance Group AG; Massachusetts Mutual Life Insurance Company; Northwestern Mutual Life Insurance Company; Aflac Incorporated; Lincoln National Corporation; Principal Financial Group Inc.; Aviva plc; Manulife Financial Corporation; Protective Life Corporation; The Penn Mutual Life Insurance Company; AIA Group Limited; Ohio National Financial Services Inc.; John Hancock Life Insurance Company (USA); Generali Assicurazioni SPA; Metropolitan Life Insurance Company
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. Variable Life Insurance Market Characteristics

    3. Variable Life Insurance Market Trends And Strategies

    4. Variable Life Insurance Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On The Market

    4.2. Ukraine-Russia War Impact On The Market

    4.3. COVID-19 Impact On The Market

    5. Global Variable Life Insurance Market Size and Growth

    5.1. Global Variable Life Insurance Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Variable Life Insurance Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Variable Life Insurance Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Variable Life Insurance Market Segmentation

    6.1. Global Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Fixed Premium

    Variable Universal Life Insurance

    6.2. Global Variable Life Insurance Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Death benefits

    Add-on benefits

    6.3. Global Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Agency

    Brokers

    Bancassurance

    Digital and Direct Channel

    7. Variable Life Insurance Market Regional And Country Analysis

    7.1. Global Variable Life Insurance Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Variable Life Insurance Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Variable Life Insurance Market

    8.1. Asia-Pacific Variable Life Insurance Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Variable Life Insurance Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Variable Life Insurance Market

    9.1. China Variable Life Insurance Market Overview

    9.2. China Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Variable Life Insurance Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Variable Life Insurance Market

    10.1. India Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Variable Life Insurance Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Variable Life Insurance Market

    11.1. Japan Variable Life Insurance Market Overview

    11.2. Japan Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Variable Life Insurance Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Variable Life Insurance Market

    12.1. Australia Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Variable Life Insurance Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Variable Life Insurance Market

    13.1. Indonesia Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Variable Life Insurance Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Variable Life Insurance Market

    14.1. South Korea Variable Life Insurance Market Overview

    14.2. South Korea Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Variable Life Insurance Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Variable Life Insurance Market

    15.1. Western Europe Variable Life Insurance Market Overview

    15.2. Western Europe Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Variable Life Insurance Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Variable Life Insurance Market

    16.1. UK Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Variable Life Insurance Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Variable Life Insurance Market

    17.1. Germany Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Variable Life Insurance Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Variable Life Insurance Market

    18.1. France Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.2. France Variable Life Insurance Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.3. France Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Variable Life Insurance Market

    19.1. Italy Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.2. Italy Variable Life Insurance Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.3. Italy Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Variable Life Insurance Market

    20.1. Spain Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.2. Spain Variable Life Insurance Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.3. Spain Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Variable Life Insurance Market

    21.1. Eastern Europe Variable Life Insurance Market Overview

    21.2. Eastern Europe Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Variable Life Insurance Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Variable Life Insurance Market

    22.1. Russia Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Variable Life Insurance Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Variable Life Insurance Market

    23.1. North America Variable Life Insurance Market Overview

    23.2. North America Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Variable Life Insurance Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Variable Life Insurance Market

    24.1. USA Variable Life Insurance Market Overview

    24.2. USA Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Variable Life Insurance Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Variable Life Insurance Market

    25.1. Canada Variable Life Insurance Market Overview

    25.2. Canada Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Variable Life Insurance Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Variable Life Insurance Market

    26.1. South America Variable Life Insurance Market Overview

    26.2. South America Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Variable Life Insurance Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Variable Life Insurance Market

    27.1. Brazil Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Variable Life Insurance Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Variable Life Insurance Market

    28.1. Middle East Variable Life Insurance Market Overview

    28.2. Middle East Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Variable Life Insurance Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Variable Life Insurance Market

    29.1. Africa Variable Life Insurance Market Overview

    29.2. Africa Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Variable Life Insurance Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Variable Life Insurance Market Competitive Landscape And Company Profiles

    30.1. Variable Life Insurance Market Competitive Landscape

    30.2. Variable Life Insurance Market Company Profiles

    30.2.1. Berkshire Hathaway Inc.

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Ping An Insurance (Group) Company of China Ltd.

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Allianz SE

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. AXA SA

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Japan Post Holdings Co. Ltd.

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Variable Life Insurance Market Other Major And Innovative Companies

    31.1. MetLife Inc.

    31.2. Munich Reinsurance Group

    31.3. Prudential plc

    31.4. New York Life Insurance Company

    31.5. American International Group Inc.

    31.6. Allstate Corporation

    31.7. Nationwide Mutual Insurance Company

    31.8. Swiss Reinsurance Company Ltd

    31.9. Chubb Limited

    31.10. Nippon Life Insurance Company

    31.11. Zurich Insurance Group AG

    31.12. Massachusetts Mutual Life Insurance Company

    31.13. Northwestern Mutual Life Insurance Company

    31.14. Aflac Incorporated

    31.15. Lincoln National Corporation

    32. Global Variable Life Insurance Market Competitive Benchmarking

    33. Global Variable Life Insurance Market Competitive Dashboard

    34. Key Mergers And Acquisitions In The Variable Life Insurance Market

    35. Variable Life Insurance Market Future Outlook and Potential Analysis

    35.1 Variable Life Insurance Market In 2028 - Countries Offering Most New Opportunities

    35.2 Variable Life Insurance Market In 2028 - Segments Offering Most New Opportunities

    35.3 Variable Life Insurance Market In 2028 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Variable Life Insurance Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Variable Life Insurance Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Variable Life Insurance Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Asia-Pacific, Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, Variable Life Insurance Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: China, Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, Variable Life Insurance Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: India, Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, Variable Life Insurance Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: Japan, Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, Variable Life Insurance Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Australia, Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, Variable Life Insurance Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Indonesia, Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, Variable Life Insurance Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: South Korea, Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, Variable Life Insurance Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: Western Europe, Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, Variable Life Insurance Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: UK, Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, Variable Life Insurance Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: Germany, Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, Variable Life Insurance Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: France, Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, Variable Life Insurance Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: Italy, Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, Variable Life Insurance Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Spain, Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, Variable Life Insurance Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Eastern Europe, Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, Variable Life Insurance Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Russia, Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, Variable Life Insurance Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: North America, Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, Variable Life Insurance Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: USA, Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, Variable Life Insurance Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: Canada, Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, Variable Life Insurance Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: South America, Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, Variable Life Insurance Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: Brazil, Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, Variable Life Insurance Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Middle East, Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, Variable Life Insurance Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Africa, Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, Variable Life Insurance Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: Berkshire Hathaway Inc. Financial Performance
  • Table 75: Ping An Insurance (Group) Company of China Ltd. Financial Performance
  • Table 76: Allianz SE Financial Performance
  • Table 77: AXA SA Financial Performance
  • Table 78: Japan Post Holdings Co. Ltd. Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Variable Life Insurance Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Variable Life Insurance Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Variable Life Insurance Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Asia-Pacific, Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, Variable Life Insurance Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: China, Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, Variable Life Insurance Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: India, Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, Variable Life Insurance Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: Japan, Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, Variable Life Insurance Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Australia, Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, Variable Life Insurance Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Indonesia, Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, Variable Life Insurance Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: South Korea, Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, Variable Life Insurance Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: Western Europe, Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, Variable Life Insurance Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: UK, Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, Variable Life Insurance Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: Germany, Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, Variable Life Insurance Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: France, Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, Variable Life Insurance Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: Italy, Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, Variable Life Insurance Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Spain, Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, Variable Life Insurance Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Eastern Europe, Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, Variable Life Insurance Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Russia, Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, Variable Life Insurance Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: North America, Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, Variable Life Insurance Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: USA, Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, Variable Life Insurance Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: Canada, Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, Variable Life Insurance Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: South America, Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, Variable Life Insurance Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: Brazil, Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, Variable Life Insurance Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Middle East, Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, Variable Life Insurance Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Africa, Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, Variable Life Insurance Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Variable Life Insurance Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: Berkshire Hathaway Inc. Financial Performance
  • Figure 75: Ping An Insurance (Group) Company of China Ltd. Financial Performance
  • Figure 76: Allianz SE Financial Performance
  • Figure 77: AXA SA Financial Performance
  • Figure 78: Japan Post Holdings Co. Ltd. Financial Performance
The Business Research Company offers the payments market research report 2022 with industry size, share, segments and market growth
Read More
The Business Research Company offers the prepaid card market research report 2022 with industry size, share, segments and market growth
Read More
The Business Research Company offers the life and health reinsurance market research report 2022 with industry size, share, segments and market growth
Read More
The Business Research Company offers the asset servicing market research report 2022 with industry size, share, segments and market growth
Read More
Global Insurance Brokers and Agents Market Opportunities And Strategies – Forecast To 2030 – Includes Insurance Brokers & Agents Market Report
Read More
Forecasting till 2030: Opportunities And Strategies In The Global Wealth Management Market – Includes Wealth Management Market Trend
Read More
Global Lending Market Opportunities And Strategies – Forecast To 2030 – Includes Lending Market Overview
Read More
Opportunities And Strategies Analysis For The Life Insurance Providers Market – Includes Life Insurance Providers Market Share
Read More
Insurance Providers Global Market Report 2022 – By Type (Life Insurance Providers, Property And Casualty Insurance Providers, Health And Medical Insurance Providers), By End User (Corporate, Individual), By Mode (Online, Offline) – Market Size, Trends, And Global Forecast 2022-2026
View Report
Insurance Brokers & Agents Global Market Report 2024 – By Type (Insurance Agencies, Insurance Brokers, Bancassurance, Other Intermediaries), By Insurance (Life Insurance, Property And Casualty Insurance, Health And Medical Insurance), By Mode (Online, Offline), By End User (Corporate, Individual) – Market Size, Trends, And Global Forecast 2024-2033
View Report
Insurance, Reinsurance And Insurance Brokerage Global Market Report 2024 – By Type (Insurance, Insurance Brokers & Agents, Reinsurance), By Mode (Online, Offline), By End-User (Corporate, Individual) – Market Size, Trends, And Global Forecast 2024-2033
View Report
Foam Trays Global Market Report 2024 – By Material (Polyethylene, Polypropylene, Polyester, Polystyrene, Other Materials), By Coverage Type (Food Grade, Industrial Grade), By Application (Pharmaceuticals, Food and Beverages, Industrial, Other Applications ) – Market Size, Trends, And Global Forecast 2024-2033
View Report
Financial Services Global Market Report 2024 – By Type (Lending And Payments, Insurance, Reinsurance And Insurance Brokerage, Investments, Foreign Exchange Services), By Size Of Business (Small And Medium Business, Large Business), By End-User (Individuals, Corporates, Government, Investment Institution) – Market Size, Trends, And Global Forecast 2024-2033
View Report
Insurance Global Market Report 2024 – By Type (Life Insurance, Property And Casualty Insurance, Health And Medical Insurance), By Mode (Online, Offline), By End User (Corporate, Individual) – Market Size, Trends, And Global Forecast 2024-2033
View Report
Warehouse Execution System Global Market Report 2024 – By Component (Software, Service), By Deployment (On-Premises, Cloud), By End User (Consumer Electronics, Healthcare, Food And Beverages, Automotive, Third-Party Logistics (3PL), Other End Users) – Market Size, Trends, And Global Forecast 2024-2033
View Report
Insurtech Global Market Report 2024 – By Product (Health Insurance, Life Insurance, Travel Insurance, Car Insurance, Business Insurance, Home Insurance, Other Products), By Technology (Blockchain, Cloud Computing, IoT (Internet of Things), Artificial Intelligence, Big Data and Business Analytics, Other Technologies), By Offering (Solutions, Services), By Deployment (On-Premises, Cloud), By Application (Automotive Industry, Banking And Financial Services, Government Sector, Healthcare Industry, Manufacturing Industry, Retail Industry, Transportation, Other Applications) – Market Size, Trends, And Global Forecast 2024-2033
View Report

Frequently Asked Questions

What is the definition of the variable life insurance market?

Variable life insurance refers to a type of permanent life insurance that allows the policyholder to invest the cash value of the policy in a variety of investment options, such as stocks, bonds, and mutual funds. For further insights on the variable life insurance market, request a sample here

How will the variable life insurance market drivers and restraints affect the variable life insurance market dynamics? What forces will shape the variable life insurance industry going forward?

The variable life insurance market growth is aided by the rapid growth of the overall insurance industry. For further insights on the variable life insurance market, request a sample here

What is the forecast market size or the forecast market value of the variable life insurance market?

The variable life insurance market is expected to reach $156.97 billion in 2027 at a rate of 6.2%. For further insights on the variable life insurance market, request a sample here

How is the variable life insurance market segmented?

The global variable life insurance market is segmented as
1) By Type: Fixed Premium, Variable Universal Life Insurance
2) By Components: Death benefits, Add-on benefits
3) By End-User: Agency, Brokers, Bancassurance, Digital and Direct Channel
For further insights on the variable life insurance market, request a sample here

Which region has the largest share of the variable life insurance market? What are the largest region's market size and growth rate?

North America was the largest region in the variable life insurance market in 2022. For detailed insights on the largest region's market size and growth rate, request a sample here.

Who are the major players in the variable life insurance market?

Key competitors in the variable life insurance market are Allianz, AXA SA, Generali, Ping An Insurance, Aflac, Prudential PLC, Munich Re, Zurich Insurance, Nippon Life Insurance, Japan Post Holdings, Berkshire Hathaway, Metlife, Manulife Financial, Chubb, AIG, Aviva, Allstate, Swiss RE, AIA Group. For further insights on the variable life insurance market, request a sample here.

What are the key trends in the variable life insurance market?

Major trends influencing the variable life insurance market include new product development. Major companies operating in the variable life insurance market are introducing new innovative life insurance products to strengthen their position in the market. For further insights on the variable life insurance market, request a sample here.

What are the major opportunities in the variable life insurance market? What are the strategies for the variable life insurance market?

For detailed insights on the major opportunities and strategies in the variable life insurance market, request a sample here.

How does the variable life insurance market relate to the overall economy and other similar markets?

For detailed insights on variable life insurance market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the variable life insurance industry?

For detailed insights on the mergers and acquisitions in the variable life insurance industry, request a sample here.

What are the key dynamics influencing the variable life insurance market growth? SWOT analysis of the variable life insurance market.

For detailed insights on the key dynamics influencing the variable life insurance market growth and SWOT analysis of the variable life insurance industry, request a sample here.