Life Insurance and Annuity Growth in Focus: Key Trends Shaping the US Insurance Market

Life Insurance and Annuity Growth

Modest Growth Expected for U.S. Life/Annuity Insurance Sector Through 2025 Despite market volatility and economic uncertainties, the U.S. life and annuity (L/A) insurance sector is projected for modest growth over the next two years. According to Best’s Market Segment Report, the industry will see a boost of approximately $48 billion in capital and surplus combined through 2024 and 2025. Additionally, net income is expected to climb to $51.1 billion in 2025, exceeding pre-pandemic levels by a significant margin. However, while the numbers signal progress, the challenges ahead are as thought-provoking…

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