Market Overview:
The global financial management insurance market is segmented on the basis of type, application and region. The type segment is further divided into annuity-type financial insurance, dividend-type financial insurance, universal insurance and investment-linked insurance. The application segment is further divided into consumer group: 2016 VS 2021 VS 2027, child, adult and elder. The regional segment is divided into North America, Latin America, Europe Asia Pacific and Middle East & Africa. The global financial management insurance market size was valued at US$ XX million in 2017 and is projected to reach US$ XX million by 2030 at a CAGR of X%. Rising awareness about the benefits of life Insurance among consumers across the globe are expected to drive the growth of this market during the forecast period. Increasing demand for risk coverages owing to increasing disposable income coupled with rising incidence of natural disasters are also anticipated to fuel growth in this market over the forecast period.
Product Definition:
Financial Management Insurance is a type of insurance policy that helps business owners protect their company's financial interests. This type of insurance can help businesses recover from unexpected events that may have a negative impact on their finances. Financial Management Insurance can also help businesses maintain liquidity in the event of a financial emergency.
Annuity-type Financial Insurance:
An annuity is a series of payments made to an individual or couple by an insurance company, in the expectation that the first payment will be used to buy life insurance and the remaining funds will be used to pay off the balance of a person's estate at death. Annuities are purchased with cash or securities (stocks & bonds) and can provide income for a specific period ranging from one year up till death.
Dividend-type Financial Insurance:
Dividend-type financial insurance is a type of insurance that helps in reducing the taxes and other fees associated with the cash or stock dividends paid to an investor. The main objective of this type of insurance is to reduce taxation on income that has been already received by the investor.
Application Insights:
The global financial management insurance market is segmented by application into investment-linked, annuity-type, dividend-type and others. The others segment includes health & disability, accidental death & dismemberment and life insurance. The annuity type segment dominated the overall market in terms of revenue share in 2016. This can be attributed to factors such as high demand for income protection products among individuals globally due to rising awareness about benefits associated with these products along with increasing acceptance of these products as an integral part of retirement planning solutions worldwide.
In addition, steady growth in the number of companies offering a wide range of flexible premium payment options along with easy access to policyholders through online portals has further increased consumer awareness regarding benefit offerings related to this product category which eventually resulted in higher penetration rates across various regions globally over the recent past years.
Regional Analysis:
North America dominated the global market in 2018 and accounted for over 30% of the overall share. The region is expected to witness a considerable growth rate of 5.6% from 2019 to 2030 owing to increasing awareness regarding financial planning among individuals, coupled with rising adoption of these products by key employers in various countries including U.S., Canada, and Mexico.
Asia Pacific is expected to register significant growth during the forecast period due its emerging economies such as India.
Growth Factors:
- Increasing demand for insurance products owing to the rise in awareness about the benefits of insurance and its importance for risk management.
- Rapid economic growth in developing countries, which is resulting in an increase in disposable income and a rise in the number of middle-class consumers who are increasingly seeking protection against financial risks.
- The increasing trend of urbanization and growing population density, which is leading to an increase in natural disasters such as floods, hurricanes, earthquakes etc., thereby boosting demand for insurance products that provide coverage against such events.
- The rising cost of medical treatment and health care services worldwide is prompting people to purchase health insurance policies, thereby driving growth prospects for this segment of the market
Scope Of The Report
Report Attributes
Report Details
Report Title
Financial Management Insurance Market Research Report
By Type
Annuity-type Financial Insurance, Dividend-type Financial Insurance, Universal Insurance, Investment-linked Insurance
By Application
Global Financial Management Insurance Market Share by Consumer Group: 2016 VS 2021 VS 2027, Child, Adult, Elder
By Companies
Ping An, AIA, China Life, Allianz, Chubb, AXA, Nippon Life, Generali, AVIVA, Munich Re, CPIC, PICC, LIC, Metlife, Canada Life
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
174
Number of Tables & Figures
122
Customization Available
Yes, the report can be customized as per your need.
Global Financial Management Insurance Market Report Segments:
The global Financial Management Insurance market is segmented on the basis of:
Types
Annuity-type Financial Insurance, Dividend-type Financial Insurance, Universal Insurance, Investment-linked Insurance
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Global Financial Management Insurance Market Share by Consumer Group: 2016 VS 2021 VS 2027, Child, Adult, Elder
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Ping An
- AIA
- China Life
- Allianz
- Chubb
- AXA
- Nippon Life
- Generali
- AVIVA
- Munich Re
- CPIC
- PICC
- LIC
- Metlife
- Canada Life
Highlights of The Financial Management Insurance Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Annuity-type Financial Insurance
- Dividend-type Financial Insurance
- Universal Insurance
- Investment-linked Insurance
- By Application:
- Global Financial Management Insurance Market Share by Consumer Group: 2016 VS 2021 VS 2027
- Child
- Adult
- Elder
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Financial Management Insurance Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Financial management insurance is a type of insurance that helps protect businesses and their owners from financial losses caused by unexpected events. Financial management insurance can help cover costs associated with such events, such as lost revenue, legal fees, and damage to property.
Some of the major players in the financial management insurance market are Ping An, AIA, China Life, Allianz, Chubb, AXA, Nippon Life, Generali, AVIVA, Munich Re, CPIC, PICC, LIC, Metlife, Canada Life.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Financial Management Insurance Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Financial Management Insurance Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Financial Management Insurance Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Financial Management Insurance Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Financial Management Insurance Market Size & Forecast, 2020-2028
4.5.1 Financial Management Insurance Market Size and Y-o-Y Growth
4.5.2 Financial Management Insurance Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Annuity-type Financial Insurance
5.2.2 Dividend-type Financial Insurance
5.2.3 Universal Insurance
5.2.4 Investment-linked Insurance
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Global Financial Management Insurance Market Share by Consumer Group: 2016 VS 2021 VS 2027
6.2.2 Child
6.2.3 Adult
6.2.4 Elder
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Financial Management Insurance Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Financial Management Insurance Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Annuity-type Financial Insurance
9.6.2 Dividend-type Financial Insurance
9.6.3 Universal Insurance
9.6.4 Investment-linked Insurance
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Global Financial Management Insurance Market Share by Consumer Group: 2016 VS 2021 VS 2027
9.10.2 Child
9.10.3 Adult
9.10.4 Elder
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Annuity-type Financial Insurance
10.6.2 Dividend-type Financial Insurance
10.6.3 Universal Insurance
10.6.4 Investment-linked Insurance
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Global Financial Management Insurance Market Share by Consumer Group: 2016 VS 2021 VS 2027
10.10.2 Child
10.10.3 Adult
10.10.4 Elder
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Annuity-type Financial Insurance
11.6.2 Dividend-type Financial Insurance
11.6.3 Universal Insurance
11.6.4 Investment-linked Insurance
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Global Financial Management Insurance Market Share by Consumer Group: 2016 VS 2021 VS 2027
11.10.2 Child
11.10.3 Adult
11.10.4 Elder
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Annuity-type Financial Insurance
12.6.2 Dividend-type Financial Insurance
12.6.3 Universal Insurance
12.6.4 Investment-linked Insurance
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Global Financial Management Insurance Market Share by Consumer Group: 2016 VS 2021 VS 2027
12.10.2 Child
12.10.3 Adult
12.10.4 Elder
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Annuity-type Financial Insurance
13.6.2 Dividend-type Financial Insurance
13.6.3 Universal Insurance
13.6.4 Investment-linked Insurance
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Global Financial Management Insurance Market Share by Consumer Group: 2016 VS 2021 VS 2027
13.10.2 Child
13.10.3 Adult
13.10.4 Elder
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Financial Management Insurance Market: Competitive Dashboard
14.2 Global Financial Management Insurance Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ping An
14.3.2 AIA
14.3.3 China Life
14.3.4 Allianz
14.3.5 Chubb
14.3.6 AXA
14.3.7 Nippon Life
14.3.8 Generali
14.3.9 AVIVA
14.3.10 Munich Re
14.3.11 CPIC
14.3.12 PICC
14.3.13 LIC
14.3.14 Metlife
14.3.15 Canada Life
