The NAFTA Life Insurance industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value , and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The North American Free Trade Agreement (NAFTA) is a trade agreement between the countries in North America: the US, Canada and Mexico. The life insurance industry within the NAFTA countries had a total market value of $758.8 billion in 2022.The Canada was the fastest growing country, with a CAGR of 7.3% over the 2018-22 period.
- Within the life insurance industry, the US is the leading country among the NAFTA bloc, with market revenues of $672.0 billion in 2022. This was followed by Canada and Mexico, with a value of $71.7 and $15.1 billion, respectively.
- The US is expected to lead the life insurance industry in the NAFTA bloc, with a value of $882.2 billion in 2027, followed by Canada and Mexico with expected values of $94.7 and $18.1 billion, respectively.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the NAFTA life insurance market
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the NAFTA life insurance market
- Leading company profiles reveal details of key life insurance market players’ NAFTA operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the NAFTA life insurance market with five year forecasts
- Compares data from the US, Canada and Mexico, alongside individual chapters on each country
Reasons to Buy
- What was the size of the NAFTA life insurance market by value in 2022?
- What will be the size of the NAFTA life insurance market in 2027?
- What factors are affecting the strength of competition in the NAFTA life insurance market?
- How has the market performed over the last five years?
- Who are the top competitors in the NAFTA life insurance market?
Table of Contents
1 Introduction
2 NAFTA Life Insurance
3 Life Insurance in Canada
4 Macroeconomic Indicators
5 Life Insurance in Mexico
6 Macroeconomic Indicators
7 Life Insurance in The United States
8 Macroeconomic Indicators
9 Company Profiles
10 Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Assurant Inc
- Globe Life Inc
- Knights of Columbus
- AXA SA
- Grupo Financiero Banorte SAB de CV
- Grupo Nacional Provincial SAB
- MetLife Inc
- New York Life Insurance Co
- Prudential Financial Inc
- The Northwestern Mutual Life Insurance Co