TMCnet News

Insights on the Final Expense Insurance Global Market to 2027 - Rising Geriatric Population All Across the Globe Presents Opportunities - ResearchAndMarkets.com
[May 27, 2022]

Insights on the Final Expense Insurance Global Market to 2027 - Rising Geriatric Population All Across the Globe Presents Opportunities - ResearchAndMarkets.com


The "Final Expense Insurance Market Research Report by Type (Non-Permanent and Permanent), Plan Type, Application, Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) - Global Forecast to 2027 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.

The Global Final Expense Insurance Market size was estimated at USD 130.02 billion in 2021, USD 138.91 billion in 2022, and is projected to grow at a Compound Annual Growth Rate (CAGR) of 7.01% to reach USD 195.31 billion by 2027.

Competitive Strategic Window:

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Final Expense Insurance Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation nd customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.



The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players


2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Final Expense Insurance Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Final Expense Insurance Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Final Expense Insurance Market?

4. What is the competitive strategic window for opportunities in the Global Final Expense Insurance Market?

5. What are the technology trends and regulatory frameworks in the Global Final Expense Insurance Market?

6. What is the market share of the leading vendors in the Global Final Expense Insurance Market?

7. What modes and strategic moves are considered suitable for entering the Global Final Expense Insurance Market?

Market Dynamics

Drivers

  • Rise in funeral costs
  • Surge in demand from direct cremation against traditional funeral services
  • Importance of funeral insurance benefits within the COVID-19 crisis

Restraints

  • Limited awareness toward funeral insurance

Opportunities

  • Rising geriatric population all across the globe
  • Growing funeral insurance uptake for emerging customers

Challenges

  • Evolution in policy regulations

Companies Mentioned

  • Allianz SE
  • Anthem, Inc.
  • Arch Capital Group Ltd.
  • Ashley & Associates Insurance Agency
  • Assicurazioni Generali S.p.A.
  • Axa S.A.
  • China Life Insurance Company Limited
  • Fidelity Life Association
  • Globe Life Liberty National Division
  • Japan Post Holdings Co., Ltd.
  • Manulife Financial Corporation
  • MetLife, Inc.
  • Munich Re Group
  • Nippon Life Insurance Company
  • Ping An Insurance (Group) Company of China, Ltd
  • Policygenius Inc.
  • Progressive Casualty Insurance Company
  • Protective Life Corporation by Dai-ichi Life Holdings, Inc.
  • Prudential PLC
  • State Farm Mutual Automobile Insurance Company
  • Zurich Insurance Group Ltd.

For more information about this report visit https://www.researchandmarkets.com/r/rrhqoa


[ Back To TMCnet.com's Homepage ]