Press release
Teenager Life Insurance Market 2018 To 2025 Forecasts by Top 10 Players Worldwide as Allianz, Assicurazioni Generali, China Life Insurance, MetLife, PingAn, AXA and More
Teenager Life Insurance Market
This report studies the Juvenile Life Insurance market. Juvenile Life Insurance is permanent Life Insurance that insures the life of a child (generally under age 18). It is a financial planning tool that provides a tax advantaged savings vehicle with potential for a lifetime of benefits. Juvenile Life Insurance, or child Life Insurance, is usually purchased to protect a family against the sudden and unexpected costs of a funeral and burial with much lower face values. Should the juvenile survive to their college years it can then take on the form of a financial planning tool.
Global economic growth slowed in 2017 as both advanced and emerging markets saw diminished growth. While both equity markets and interest rates progressed favorably toward the end of 2017, improvement can at best be gradual with the political landscape being in a flux.
The Juvenile Life Insurance industry achieved a strong underwriting performance in 2017, the global Juvenile Life Insurance premiums has grown at a CAGR of 15.37% from 21.2 billion USD in 2013 to reach 117.7 billion USD by 2025 in global market. The Juvenile Life Insurance market is very fragment market; the premiums of top ten players account about 47% of the total premiums in 2017.
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The leading players mainly are Allianz, Assicurazioni Generali, China Life Insurance, MetLife,
In 2017, the global Teenager Life Insurance market size was 25000 million US$ and it is expected to reach 76500 million US$ by the end of 2025, with a CAGR of 15.0% during 2018-2025.
The key players covered in this study
Allianz (Germany)
Assicurazioni Generali (Italy)
China Life Insurance (China)
MetLife (USA)
PingAn (China)
AXA (France)
Sumitomo Life Insurance (Japan)
Aegon (Netherlands)
Dai-ichi Mutual Life Insurance (Japan)
CPIC (China)
Aviva (UK)
Munich Re Group (Germany)
Zurich Financial Services (Switzerland)
Nippon Life Insurance (Japan)
Gerber Life Insurance (USA)
AIG (USA)
Market segment by Type, the product can be split into
Survival insurance
Death insurance
Full insurance
Market segment by Application, split into
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