Report cover image

Variable Life Insurance Market Global Report 2026

Published Jan 28, 2026
Length 250 Pages
SKU # BRC20818740

Description

Variable Life Insurance Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses variable life insurance market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase
  • Gain a truly global perspective with the most comprehensive report available on this market covering 16 geographies.
  • Assess the impact of key macro factors such as geopolitical conflicts, trade policies and tariffs, inflation and interest rate fluctuations, and evolving regulatory landscapes.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on end user analysis.
  • Benchmark performance against key competitors based on market share, innovation, and brand strength.
  • Evaluate the total addressable market (TAM) and market attractiveness scoring to measure market potential.
  • Suitable for supporting your internal and external presentations with reliable high-quality data and analysis
  • Report will be updated with the latest data and delivered to you within 2-3 working days of order along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.
Description:

Where is the largest and fastest growing market for variable life insurance ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The variable life insurance market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
  • The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
  • The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
  • The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
  • The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
  • The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
  • Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.
Scope

Markets 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

Subsegments:

1) By Fixed Premium: Standard Fixed Premium; Enhanced Fixed Premium

2) By Variable Universal Life Insurance: Investment-Linked Variable Universal Life; Flexible Premium Variable Universal Life

Companies Mentioned: Berkshire Hathaway Inc; Ping An Insurance Group Company of China Ltd; Allianz SE; AXA SA; Japan Post Holdings Co Ltd; MetLife Inc; Prudential plc; New York Life Insurance Company; American International Group Inc; Allstate Corporation; Nationwide Mutual Insurance Company; Nippon Life Insurance Company; Massachusetts Mutual Life Insurance Company; Northwestern Mutual Life Insurance Company; 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

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain.

Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Please Note: Report will be updated with the latest data and delivered to you within 2-3 working days of order.

Table of Contents

250 Pages
1. Executive Summary
1.1. Key Market Insights (2020-2035)
1.2. Visual Dashboard: Market Size, Growth Rate, Hotspots
1.3. Major Factors Driving the Market
1.4. Top Three Trends Shaping the Market
2. Variable Life Insurance Market Characteristics
2.1. Market Definition & Scope
2.2. Market Segmentations
2.3. Overview of Key Products and Services
2.4. Global Variable Life Insurance Market Attractiveness Scoring And Analysis
2.4.1. Overview of Market Attractiveness Framework
2.4.2. Quantitative Scoring Methodology
2.4.3. Factor-Wise Evaluation
Growth Potential Analysis, Competitive Dynamics Assessment, Strategic Fit Assessment And Risk Profile Evaluation
2.4.4. Market Attractiveness Scoring and Interpretation
2.4.5. Strategic Implications and Recommendations
3. Variable Life Insurance Market Supply Chain Analysis
3.1. Overview of the Supply Chain and Ecosystem
3.2. List Of Key Raw Materials, Resources & Suppliers
3.3. List Of Major Distributors and Channel Partners
3.4. List Of Major End Users
4. Global Variable Life Insurance Market Trends And Strategies
4.1. Key Technologies & Future Trends
4.1.1 Fintech, Blockchain, Regtech And Digital Finance
4.1.2 Digitalization, Cloud, Big Data And Cybersecurity
4.1.3 Artificial Intelligence And Autonomous Intelligence
4.1.4 Sustainability, Climate Tech And Circular Economy
4.1.5 Immersive Technologies (Ar/Vr/Xr) And Digital Experiences
4.2. Major Trends
4.2.1 Increasing Customization Of Investment-Linked Policies
4.2.2 Rising Demand For Digital Policy Management Tools
4.2.3 Growing Focus On Portfolio Transparency
4.2.4 Expansion Of Hybrid Investment-Insurance Products
4.2.5 Enhanced Use Of Data Analytics For Risk Profiling
5. Variable Life Insurance Market Analysis Of End Use Industries
5.1 Insurance Policyholders
5.2 Insurance Companies
5.3 Financial Advisors
5.4 Wealth Management Firms
5.5 Bancassurance Providers
6. Variable Life Insurance Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, Supply Chain Impact from Tariff War & Trade Protectionism, And Covid And Recovery On The Market
7. Global Variable Life Insurance Strategic Analysis Framework, Current Market Size, Market Comparisons And Growth Rate Analysis
7.1. Global Variable Life Insurance PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
7.2. Global Variable Life Insurance Market Size, Comparisons And Growth Rate Analysis
7.3. Global Variable Life Insurance Historic Market Size and Growth, 2020 - 2025, Value ($ Billion)
7.4. Global Variable Life Insurance Forecast Market Size and Growth, 2025 - 2030, 2035F, Value ($ Billion)
8. Global Variable Life Insurance Total Addressable Market (TAM) Analysis for the Market
8.1. Definition and Scope of Total Addressable Market (TAM)
8.2. Methodology and Assumptions
8.3. Global Total Addressable Market (TAM) Estimation
8.4. TAM vs. Current Market Size Analysis
8.5. Strategic Insights and Growth Opportunities from TAM Analysis
9. Variable Life Insurance Market Segmentation
9.1. Global Variable Life Insurance Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
Fixed Premium, Variable Universal Life Insurance
9.2. Global Variable Life Insurance Market, Segmentation By Components, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
Death Benefits, Add-On Benefits
9.3. Global Variable Life Insurance Market, Segmentation By End-User, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
Agency, Brokers, Bancassurance, Digital And Direct Channel
9.4. Global Variable Life Insurance Market, Sub-Segmentation Of Fixed Premium, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
Standard Fixed Premium, Enhanced Fixed Premium
9.5. Global Variable Life Insurance Market, Sub-Segmentation Of Variable Universal Life Insurance, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
Investment-Linked Variable Universal Life, Flexible Premium Variable Universal Life
10. Variable Life Insurance Market Regional And Country Analysis
10.1. Global Variable Life Insurance Market, Split By Region, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
10.2. Global Variable Life Insurance Market, Split By Country, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
11. Asia-Pacific Variable Life Insurance Market
11.1. Asia-Pacific Variable Life Insurance Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
11.2. Asia-Pacific Variable Life Insurance Market, Segmentation By Type, Segmentation By Components, Segmentation By End-User, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
12. China Variable Life Insurance Market
12.1. China Variable Life Insurance Market Overview
Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
12.2. China Variable Life Insurance Market, Segmentation By Type, Segmentation By Components, Segmentation By End-User, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
13. India Variable Life Insurance Market
13.1. India Variable Life Insurance Market, Segmentation By Type, Segmentation By Components, Segmentation By End-User, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
14. Japan Variable Life Insurance Market
14.1. Japan Variable Life Insurance Market Overview
Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
14.2. Japan Variable Life Insurance Market, Segmentation By Type, Segmentation By Components, Segmentation By End-User, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
15. Australia Variable Life Insurance Market
15.1. Australia Variable Life Insurance Market, Segmentation By Type, Segmentation By Components, Segmentation By End-User, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
16. Indonesia Variable Life Insurance Market
16.1. Indonesia Variable Life Insurance Market, Segmentation By Type, Segmentation By Components, Segmentation By End-User, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
17. South Korea Variable Life Insurance Market
17.1. South Korea Variable Life Insurance Market Overview
Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
17.2. South Korea Variable Life Insurance Market, Segmentation By Type, Segmentation By Components, Segmentation By End-User, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
18. Taiwan Variable Life Insurance Market
18.1. Taiwan Variable Life Insurance Market Overview
Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
18.2. Taiwan Variable Life Insurance Market, Segmentation By Type, Segmentation By Components, Segmentation By End-User, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
19. South East Asia Variable Life Insurance Market
19.1. South East Asia Variable Life Insurance Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
19.2. South East Asia Variable Life Insurance Market, Segmentation By Type, Segmentation By Components, Segmentation By End-User, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
20. Western Europe Variable Life Insurance Market
20.1. Western Europe Variable Life Insurance Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
20.2. Western Europe Variable Life Insurance Market, Segmentation By Type, Segmentation By Components, Segmentation By End-User, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
21. UK Variable Life Insurance Market
21.1. UK Variable Life Insurance Market, Segmentation By Type, Segmentation By Components, Segmentation By End-User, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
22. Germany Variable Life Insurance Market
22.1. Germany Variable Life Insurance Market, Segmentation By Type, Segmentation By Components, Segmentation By End-User, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
23. France Variable Life Insurance Market
23.1. France Variable Life Insurance Market, Segmentation By Type, Segmentation By Components, Segmentation By End-User, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
24. Italy Variable Life Insurance Market
24.1. Italy Variable Life Insurance Market, Segmentation By Type, Segmentation By Components, Segmentation By End-User, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
25. Spain Variable Life Insurance Market
25.1. Spain Variable Life Insurance Market, Segmentation By Type, Segmentation By Components, Segmentation By End-User, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
26. Eastern Europe Variable Life Insurance Market
26.1. Eastern Europe Variable Life Insurance Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
26.2. Eastern Europe Variable Life Insurance Market, Segmentation By Type, Segmentation By Components, Segmentation By End-User, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
27. Russia Variable Life Insurance Market
27.1. Russia Variable Life Insurance Market, Segmentation By Type, Segmentation By Components, Segmentation By End-User, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
28. North America Variable Life Insurance Market
28.1. North America Variable Life Insurance Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
28.2. North America Variable Life Insurance Market, Segmentation By Type, Segmentation By Components, Segmentation By End-User, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
29. USA Variable Life Insurance Market
29.1. USA Variable Life Insurance Market Overview
Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
29.2. USA Variable Life Insurance Market, Segmentation By Type, Segmentation By Components, Segmentation By End-User, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
30. Canada Variable Life Insurance Market
30.1. Canada Variable Life Insurance Market Overview
Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
30.2. Canada Variable Life Insurance Market, Segmentation By Type, Segmentation By Components, Segmentation By End-User, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
31. South America Variable Life Insurance Market
31.1. South America Variable Life Insurance Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
31.2. South America Variable Life Insurance Market, Segmentation By Type, Segmentation By Components, Segmentation By End-User, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
32. Brazil Variable Life Insurance Market
32.1. Brazil Variable Life Insurance Market, Segmentation By Type, Segmentation By Components, Segmentation By End-User, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
33. Middle East Variable Life Insurance Market
33.1. Middle East Variable Life Insurance Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
33.2. Middle East Variable Life Insurance Market, Segmentation By Type, Segmentation By Components, Segmentation By End-User, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
34. Africa Variable Life Insurance Market
34.1. Africa Variable Life Insurance Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
34.2. Africa Variable Life Insurance Market, Segmentation By Type, Segmentation By Components, Segmentation By End-User, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
35. Variable Life Insurance Market Regulatory and Investment Landscape
36. Variable Life Insurance Market Competitive Landscape And Company Profiles
36.1. Variable Life Insurance Market Competitive Landscape And Market Share 2024
36.1.1. Top 10 Companies (Ranked by revenue/share)
36.2. Variable Life Insurance Market - Company Scoring Matrix
36.2.1. Market Revenues
36.2.2. Product Innovation Score
36.2.3. Brand Recognition
36.3. Variable Life Insurance Market Company Profiles
36.3.1. Berkshire Hathaway Inc Overview, Products and Services, Strategy and Financial Analysis
36.3.2. Ping An Insurance Group Company of China Ltd Overview, Products and Services, Strategy and Financial Analysis
36.3.3. Allianz SE Overview, Products and Services, Strategy and Financial Analysis
36.3.4. AXA SA Overview, Products and Services, Strategy and Financial Analysis
36.3.5. Japan Post Holdings Co Ltd Overview, Products and Services, Strategy and Financial Analysis
37. Variable Life Insurance Market Other Major And Innovative Companies
MetLife Inc, Prudential plc, New York Life Insurance Company, American International Group Inc, Allstate Corporation, Nationwide Mutual Insurance Company, Nippon Life Insurance Company, Massachusetts Mutual Life Insurance Company, Northwestern Mutual Life Insurance Company, Lincoln National Corporation, Principal Financial Group Inc, Aviva plc, Manulife Financial Corporation, Protective Life Corporation, The Penn Mutual Life Insurance Company
38. Global Variable Life Insurance Market Competitive Benchmarking And Dashboard
39. Key Mergers And Acquisitions In The Variable Life Insurance Market
40. Variable Life Insurance Market High Potential Countries, Segments and Strategies
40.1 Variable Life Insurance Market In 2030 - Countries Offering Most New Opportunities
40.2 Variable Life Insurance Market In 2030 - Segments Offering Most New Opportunities
40.3 Variable Life Insurance Market In 2030 - Growth Strategies
40.3.1 Market Trend Based Strategies
40.3.2 Competitor Strategies
41. Appendix
41.1. Abbreviations
41.2. Currencies
41.3. Historic And Forecast Inflation Rates
41.4. Research Inquiries
41.5. The Business Research Company
41.6. Copyright And Disclaimer
How Do Licenses Work?
Request A Sample
Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.