Global Key Person Insurance Market Growth (Status and Outlook) 2024-2030

Publication ID:

LPI04245481

Publication Date:

April 15, 2024

Pages:

125

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

IT Services [2]

Software [3]

Computing & Electronics [4]

Description:

Key person insurance, also known as key employee insurance or key man insurance, is a type of life insurance policy taken out by a business on the life of a key employee or executive whose death or disability would have a significant impact on the financial stability and operations of the company.
The global Key Person Insurance market size is projected to grow from US$ million in 2023 to US$ million in 2030; it is expected to grow at a CAGR of % from 2024 to 2030.
Publisher' newest research report, the 鈥淜ey Person Insurance Industry Forecast鈥� looks at past sales and reviews total world Key Person Insurance sales in 2023, providing a comprehensive analysis by region and market sector of projected Key Person Insurance sales for 2024 through 2030. With Key Person Insurance sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Key Person Insurance industry.
This Insight Report provides a comprehensive analysis of the global Key Person Insurance landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Key Person Insurance portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global Key Person Insurance market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Key Person Insurance and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Key Person Insurance.
United States market for Key Person Insurance is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Key Person Insurance is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Key Person Insurance is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Key Person Insurance players cover MetLife, New York Life, Prudential Financial, AIG (American International Group) and Allianz Life, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Key Person Insurance market by product type, application, key players and key regions and countries.
Segmentation by type
Liability Coverage
Physical Damage Coverage
Others
Segmentation by application
Enterprises
Government
Individuals
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
MetLife
New York Life
Prudential Financial
AIG (American International Group)
Allianz Life
MassMutual (Massachusetts Mutual Life Insurance Company)
Northwestern Mutual
Guardian Life Insurance Company
Lincoln Financial Group
Principal Financial Group
Zurich Insurance
Hiscox
AXA XL
Chubb
Nationwide

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Key Person Insurance Market Size 2019-2030
2.1.2 Key Person Insurance Market Size CAGR by Region 2019 VS 2023 VS 2030
2.2 Key Person Insurance Segment by Type
2.2.1 Liability Coverage
2.2.2 Physical Damage Coverage
2.2.3 Others
2.3 Key Person Insurance Market Size by Type
2.3.1 Key Person Insurance Market Size CAGR by Type (2019 VS 2023 VS 2030)
2.3.2 Global Key Person Insurance Market Size Market Share by Type (2019-2024)
2.4 Key Person Insurance Segment by Application
2.4.1 Enterprises
2.4.2 Government
2.4.3 Individuals
2.4.4 Others
2.5 Key Person Insurance Market Size by Application
2.5.1 Key Person Insurance Market Size CAGR by Application (2019 VS 2023 VS 2030)
2.5.2 Global Key Person Insurance Market Size Market Share by Application (2019-2024)
3 Key Person Insurance Market Size by Player
3.1 Key Person Insurance Market Size Market Share by Players
3.1.1 Global Key Person Insurance Revenue by Players (2019-2024)
3.1.2 Global Key Person Insurance Revenue Market Share by Players (2019-2024)
3.2 Global Key Person Insurance Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2022-2024)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Key Person Insurance by Regions
4.1 Key Person Insurance Market Size by Regions (2019-2024)
4.2 Americas Key Person Insurance Market Size Growth (2019-2024)
4.3 APAC Key Person Insurance Market Size Growth (2019-2024)
4.4 Europe Key Person Insurance Market Size Growth (2019-2024)
4.5 Middle East & Africa Key Person Insurance Market Size Growth (2019-2024)
5 Americas
5.1 Americas Key Person Insurance Market Size by Country (2019-2024)
5.2 Americas Key Person Insurance Market Size by Type (2019-2024)
5.3 Americas Key Person Insurance Market Size by Application (2019-2024)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Key Person Insurance Market Size by Region (2019-2024)
6.2 APAC Key Person Insurance Market Size by Type (2019-2024)
6.3 APAC Key Person Insurance Market Size by Application (2019-2024)
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Key Person Insurance by Country (2019-2024)
7.2 Europe Key Person Insurance Market Size by Type (2019-2024)
7.3 Europe Key Person Insurance Market Size by Application (2019-2024)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Key Person Insurance by Region (2019-2024)
8.2 Middle East & Africa Key Person Insurance Market Size by Type (2019-2024)
8.3 Middle East & Africa Key Person Insurance Market Size by Application (2019-2024)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Key Person Insurance Market Forecast
10.1 Global Key Person Insurance Forecast by Regions (2025-2030)
10.1.1 Global Key Person Insurance Forecast by Regions (2025-2030)
10.1.2 Americas Key Person Insurance Forecast
10.1.3 APAC Key Person Insurance Forecast
10.1.4 Europe Key Person Insurance Forecast
10.1.5 Middle East & Africa Key Person Insurance Forecast
10.2 Americas Key Person Insurance Forecast by Country (2025-2030)
10.2.1 United States Key Person Insurance Market Forecast
10.2.2 Canada Key Person Insurance Market Forecast
10.2.3 Mexico Key Person Insurance Market Forecast
10.2.4 Brazil Key Person Insurance Market Forecast
10.3 APAC Key Person Insurance Forecast by Region (2025-2030)
10.3.1 China Key Person Insurance Market Forecast
10.3.2 Japan Key Person Insurance Market Forecast
10.3.3 Korea Key Person Insurance Market Forecast
10.3.4 Southeast Asia Key Person Insurance Market Forecast
10.3.5 India Key Person Insurance Market Forecast
10.3.6 Australia Key Person Insurance Market Forecast
10.4 Europe Key Person Insurance Forecast by Country (2025-2030)
10.4.1 Germany Key Person Insurance Market Forecast
10.4.2 France Key Person Insurance Market Forecast
10.4.3 UK Key Person Insurance Market Forecast
10.4.4 Italy Key Person Insurance Market Forecast
10.4.5 Russia Key Person Insurance Market Forecast
10.5 Middle East & Africa Key Person Insurance Forecast by Region (2025-2030)
10.5.1 Egypt Key Person Insurance Market Forecast
10.5.2 South Africa Key Person Insurance Market Forecast
10.5.3 Israel Key Person Insurance Market Forecast
10.5.4 Turkey Key Person Insurance Market Forecast
10.5.5 GCC Countries Key Person Insurance Market Forecast
10.6 Global Key Person Insurance Forecast by Type (2025-2030)
10.7 Global Key Person Insurance Forecast by Application (2025-2030)

11 Key Players Analysis
11.1 MetLife
11.1.1 MetLife Company Information
11.1.2 MetLife Key Person Insurance Product Offered
11.1.3 MetLife Key Person Insurance Revenue, Gross Margin and Market Share (2019-2024)
11.1.4 MetLife Main Business Overview
11.1.5 MetLife Latest Developments
11.2 New York Life
11.2.1 New York Life Company Information
11.2.2 New York Life Key Person Insurance Product Offered
11.2.3 New York Life Key Person Insurance Revenue, Gross Margin and Market Share (2019-2024)
11.2.4 New York Life Main Business Overview
11.2.5 New York Life Latest Developments
11.3 Prudential Financial
11.3.1 Prudential Financial Company Information
11.3.2 Prudential Financial Key Person Insurance Product Offered
11.3.3 Prudential Financial Key Person Insurance Revenue, Gross Margin and Market Share (2019-2024)
11.3.4 Prudential Financial Main Business Overview
11.3.5 Prudential Financial Latest Developments
11.4 AIG (American International Group)
11.4.1 AIG (American International Group) Company Information
11.4.2 AIG (American International Group) Key Person Insurance Product Offered
11.4.3 AIG (American International Group) Key Person Insurance Revenue, Gross Margin and Market Share (2019-2024)
11.4.4 AIG (American International Group) Main Business Overview
11.4.5 AIG (American International Group) Latest Developments
11.5 Allianz Life
11.5.1 Allianz Life Company Information
11.5.2 Allianz Life Key Person Insurance Product Offered
11.5.3 Allianz Life Key Person Insurance Revenue, Gross Margin and Market Share (2019-2024)
11.5.4 Allianz Life Main Business Overview
11.5.5 Allianz Life Latest Developments
11.6 MassMutual (Massachusetts Mutual Life Insurance Company)
11.6.1 MassMutual (Massachusetts Mutual Life Insurance Company) Company Information
11.6.2 MassMutual (Massachusetts Mutual Life Insurance Company) Key Person Insurance Product Offered
11.6.3 MassMutual (Massachusetts Mutual Life Insurance Company) Key Person Insurance Revenue, Gross Margin and Market Share (2019-2024)
11.6.4 MassMutual (Massachusetts Mutual Life Insurance Company) Main Business Overview
11.6.5 MassMutual (Massachusetts Mutual Life Insurance Company) Latest Developments
11.7 Northwestern Mutual
11.7.1 Northwestern Mutual Company Information
11.7.2 Northwestern Mutual Key Person Insurance Product Offered
11.7.3 Northwestern Mutual Key Person Insurance Revenue, Gross Margin and Market Share (2019-2024)
11.7.4 Northwestern Mutual Main Business Overview
11.7.5 Northwestern Mutual Latest Developments
11.8 Guardian Life Insurance Company
11.8.1 Guardian Life Insurance Company Company Information
11.8.2 Guardian Life Insurance Company Key Person Insurance Product Offered
11.8.3 Guardian Life Insurance Company Key Person Insurance Revenue, Gross Margin and Market Share (2019-2024)
11.8.4 Guardian Life Insurance Company Main Business Overview
11.8.5 Guardian Life Insurance Company Latest Developments
11.9 Lincoln Financial Group
11.9.1 Lincoln Financial Group Company Information
11.9.2 Lincoln Financial Group Key Person Insurance Product Offered
11.9.3 Lincoln Financial Group Key Person Insurance Revenue, Gross Margin and Market Share (2019-2024)
11.9.4 Lincoln Financial Group Main Business Overview
11.9.5 Lincoln Financial Group Latest Developments
11.10 Principal Financial Group
11.10.1 Principal Financial Group Company Information
11.10.2 Principal Financial Group Key Person Insurance Product Offered
11.10.3 Principal Financial Group Key Person Insurance Revenue, Gross Margin and Market Share (2019-2024)
11.10.4 Principal Financial Group Main Business Overview
11.10.5 Principal Financial Group Latest Developments
11.11 Zurich Insurance
11.11.1 Zurich Insurance Company Information
11.11.2 Zurich Insurance Key Person Insurance Product Offered
11.11.3 Zurich Insurance Key Person Insurance Revenue, Gross Margin and Market Share (2019-2024)
11.11.4 Zurich Insurance Main Business Overview
11.11.5 Zurich Insurance Latest Developments
11.12 Hiscox
11.12.1 Hiscox Company Information
11.12.2 Hiscox Key Person Insurance Product Offered
11.12.3 Hiscox Key Person Insurance Revenue, Gross Margin and Market Share (2019-2024)
11.12.4 Hiscox Main Business Overview
11.12.5 Hiscox Latest Developments
11.13 AXA XL
11.13.1 AXA XL Company Information
11.13.2 AXA XL Key Person Insurance Product Offered
11.13.3 AXA XL Key Person Insurance Revenue, Gross Margin and Market Share (2019-2024)
11.13.4 AXA XL Main Business Overview
11.13.5 AXA XL Latest Developments
11.14 Chubb
11.14.1 Chubb Company Information
11.14.2 Chubb Key Person Insurance Product Offered
11.14.3 Chubb Key Person Insurance Revenue, Gross Margin and Market Share (2019-2024)
11.14.4 Chubb Main Business Overview
11.14.5 Chubb Latest Developments
11.15 Nationwide
11.15.1 Nationwide Company Information
11.15.2 Nationwide Key Person Insurance Product Offered
11.15.3 Nationwide Key Person Insurance Revenue, Gross Margin and Market Share (2019-2024)
11.15.4 Nationwide Main Business Overview
11.15.5 Nationwide Latest Developments
12 Research Findings and Conclusion

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