INSURASALES

Tag: Market Growth

Global Health Insurance Market to Reach $4.45T by 2032 with Asia-Pacific Growth Leading

The global health insurance market is set to grow rapidly to $4.45 trillion by 2032, led by Asia-Pacific expansion and increased healthcare spending, while emerging markets show low insurance coverage rates.

Global Financial Services Market to Reach $47 Trillion by 2029 with 7.2% CAGR

The global financial services market is projected to grow to $47.35 trillion by 2029, driven by blockchain adoption, AI integration, and rising wealth management demand.

Global Insurance Analytics Market to Hit $43.95B by 2032 with Asia-Pacific Leading Growth

Explore the projected growth of the global insurance analytics market to $43.95 billion by 2032, with Asia-Pacific emerging as the fastest-growing region due to digitalisation and regulatory compliance demands.

PertaLife Insurance Boosts Capital to Expand Coverage and Digitize Offerings

PertaLife Insurance is increasing its capital by 65% to $61 million to expand coverage of Pertamina Group workers and enhance digital product offerings, driving significant growth in Indonesia's insurance sector.

Progressive Plans 18% Workforce Growth in 2025 to Support Expansion

A major U.S. insurer is set to increase its workforce by 12,000 roles in 2025, reflecting strategic growth and enhanced operational capacity in the insurance sector.

Pension Risk Transfer Market Grows to $51.8 Billion in 2024

The U.S. pension risk transfer market reached $51.8 billion in sales in 2024, with growth driven by increased plan sponsor awareness and significant corporate transactions.

Annuity Sales Surge 29% in Q3 2024, Setting New Records

Record-setting annuity sales in the U.S. reached $114.6 billion in Q3 2024, bolstered by strong market conditions and consumer demand for financial solutions.