Global Life Insurance Market Projected to Reach $132B by 2033
The global life insurance market is expected to grow annually by 8.1% through 2033, driven by demand for joint investments, insurtech innovation, and Asia Pacific market expansion.
The global life insurance market is expected to grow annually by 8.1% through 2033, driven by demand for joint investments, insurtech innovation, and Asia Pacific market expansion.
Explore key findings from the 2025 Insurance AI Readiness Survey highlighting technology modernization, data governance challenges, cybersecurity risks, and workforce training in the U.S. insurance sector.
November 2025 witnessed around 50 venture capital funding rounds in the insurtech and property & casualty sectors, underlining ongoing digital transformation and investor interest. Digital Insurance's monthly review highlights this trend in financial services.
In The Car teams with Ink Digital Marketing to expand its embedded auto insurance platform, enhancing brand visibility and engagement with OEMs and dealerships across the U.S.
Magnifact and Revol One Financial implement real-time annuity application tracking using AI-driven API technology, enhancing operational efficiency and partner productivity aligned with IRI standards.
bolt partners with Roamly to offer specialty RV insurance through its nationwide agent platform, expanding tailored coverage options for the growing recreational vehicle market.
Allianz X enhances insurance innovation with targeted investments in insurtech startups that improve underwriting, claims processing, and digital customer engagement, balancing growth and profitability.
Bolt unveils VTROSM, a technologically advanced homeowners insurance solution with smart water sensors, addressing California's significant coverage gap and reducing preventable losses.
BlackRock's Global Insurance Report reveals 67% of insurers plan to use reinsurance sidecars, with a growing focus on private markets and sustainability amid inflation risks.
Stand raises $35M to expand its resilience-linked property insurance model from California to Florida’s high-risk windstorm market, promoting mitigation-based coverage.