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Life Insurance & Pension in North America

Publisher MarketLine
Published Dec 31, 2025
Length 43 Pages
SKU # MTLN21020819

Description

Life>Insurance>&>Pension>in>North>America

Summary

>Life>Insurance>&>Pension>in>North>America>industry>profile>provides>top-line>qualitative>and>quantitative>summary>information>including:>market>size>(value>2019-24,>and>forecast>to>2029).>The>profile>also>contains>descriptions>of>the>leading>players>including>key>financial>metrics>and>analysis>of>competitive>pressures>within>the>market.

Key>Highlights
  • Life>insurance>is>the>financial>cover>for>a>contingency>linked>with>human>life,>like>death,>disability,>accident,>retirement,>etc.>Human>life>is>subject>to>risks>of>death>and>disability>due>to>natural>and>accidental>causes.>When>human>life>is>lost>or>a>person>is>disabled>permanently>or>temporarily,>there>is>a>loss>of>income>to>the>household.
  • The>North>American>life>insurance>&>pension>market>recorded>gross>written>premiums>of>$821.2>billion>in>2024,>representing>a>compound>annual>growth>rate>(CAGR)>of>5.3%>between>2019>and>2024.
  • The>life>insurance>segment>accounted>for>the>market's>largest>proportion>in>2024,>with>total>gross>written>premiums>of>$468.1>billion,>equivalent>to>57%>of>the>market's>overall>value.
  • In>2024,>the>US>accounted>for>89.6%>share>of>the>North>American>life>insurance>&>pension>market,>followed>by>Canada>with>8.0%>share>and>Mexico>with>2.4%>share.
Scope
  • Save>time>carrying>out>entry-level>research>by>identifying>the>size,>growth,>and>leading>players>in>the>life>insurance>&>pension>market>in>North>America
  • Use>the>Five>Forces>analysis>to>determine>the>competitive>intensity>and>therefore>attractiveness>of>the>life>insurance>&>pension>market>in>North>America
  • Leading>company>profiles>reveal>details>of>key>life>insurance>&>pension>market>players’>global>operations>and>financial>performance
  • Add>weight>to>presentations>and>pitches>by>understanding>the>future>growth>prospects>of>the>North>America>life>insurance>&>pension>market>with>five>year>forecasts
Reasons>to>Buy
  • What>was>the>size>of>the>North>America>life>insurance>&>pension>market>by>value>in>2024?
  • What>will>be>the>size>of>the>North>America>life>insurance>&>pension>market>in>2029?
  • What>factors>are>affecting>the>strength>of>competition>in>the>North>America>life>insurance>&>pension>market?
  • How>has>the>market>performed>over>the>last>five>years?

Table of Contents

43 Pages
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market share
1.6. Market rivalry
1.7. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Market share
7.2. Who are the leading players?
7.3. What are the strengths and strategies of the leading players?
7.4. What are the recent developments in the market?
8 Company Profiles
8.1. Prudential Financial Inc
8.2. New York Life Insurance Co
8.3. Globe Life Inc
8.4. The Northwestern Mutual Life Insurance Co
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: North America life insurance & pension market value: $ billion, 2019-24
Table 2: North America life insurance & pension market category segmentation: % share, by value, 2019-24
Table 3: North America life insurance & pension market category segmentation: $ billion, 2019-24
Table 4: North America life insurance & pension market geography segmentation: $ billion, 2024
Table 5: North America life insurance & pension market value forecast: $ billion, 2024-29
Table 6: North America life insurance & pension market share: % share, by value, 2024
Table 7: Prudential Financial Inc: Key Facts
Table 8: Prudential Financial Inc: Annual Financial Ratios
Table 9: Prudential Financial Inc: Key Employees
Table 10: New York Life Insurance Co: Key Facts
Table 11: New York Life Insurance Co: Key Employees
Table 12: New York Life Insurance Co: Key Employees Continued
Table 13: Globe Life Inc: Key Facts
Table 14: Globe Life Inc: Annual Financial Ratios
Table 15: Globe Life Inc: Key Employees
Table 16: The Northwestern Mutual Life Insurance Co: Key Facts
Table 17: The Northwestern Mutual Life Insurance Co: Key Employees
Table 18: North America Exchange Rate, 2019-24
List of Figures
Figure 1: North America life insurance & pension market value: $ billion, 2019-24
Figure 2: North America life insurance & pension market category segmentation: $ billion, 2019-24
Figure 3: North America life insurance & pension market geography segmentation: % share, by value, 2024
Figure 4: North America life insurance & pension market value forecast: $ billion, 2024-29
Figure 5: Forces driving competition in the life insurance & pension market in North America, 2024
Figure 6: Drivers of buyer power in the life insurance & pension market in North America, 2024
Figure 7: Drivers of supplier power in the life insurance & pension market in North America, 2024
Figure 8: Factors influencing the likelihood of new entrants in the life insurance & pension market in North America, 2024
Figure 9: Factors influencing the threat of substitutes in the life insurance & pension market in North America, 2024
Figure 10: Drivers of degree of rivalry in the life insurance & pension market in North America, 2024
Figure 11: North America life insurance & pension market share: % share, by value, 2024

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