Report overview
Endowment insurance - A life insurance that pays the face value of the insured person at the end of the contract or upon his death.This is in contrast to life insurance, which pays the face value only in the event of the insured's death.Endowment insurance is basically a savings plan with an insurance component designed to protect the savings plan in the event of an early death.
This report aims to provide a comprehensive presentation of the global market for Endowment Insurances, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Endowment Insurances. This report contains market size and forecasts of Endowment Insurances in global, including the following market information:
Global Endowment Insurances Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Endowment Insurances market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Ten Years Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Endowment Insurances include Chubb, Sun Life Philippines, Tokio Marine, AIA Group, Royal London, AMP Life, BDO Life, ICICI Prudential Life and My Insurance Club, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Endowment Insurances companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Endowment Insurances Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Endowment Insurances Market Segment Percentages, by Type, 2022 (%)
Ten Years
Fifteen Years
Twenty Years
Global Endowment Insurances Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Endowment Insurances Market Segment Percentages, by Application, 2022 (%)
Adults
Senior Citizens
Global Endowment Insurances Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Endowment Insurances Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Endowment Insurances revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Endowment Insurances revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Chubb
Sun Life Philippines
Tokio Marine
AIA Group
Royal London
AMP Life
BDO Life
ICICI Prudential Life
My Insurance Club
Edelweiss Tokio Life Insurance Company Limited
Eindiainsurance
New China Life Insurance
PICC Life Insurance
Ping An Insurance
Taiping Pension Co., Ltd.
Changjiang Pension Insurance Co., Ltd.
Taikang Pension
Outline of Major Chapters:
Chapter 1: Introduces the definition of Endowment Insurances, market overview.
Chapter 2: Global Endowment Insurances market size in revenue.
Chapter 3: Detailed analysis of Endowment Insurances company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Endowment Insurances in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
