Boston, MA -- (SBWIRE) -- 01/28/2013 -- In terms of gross written premium, the life insurance segment was the largest segment in the overall US insurance industry during the review period. The total written premium value of the segment decreased at a CAGR of -0.7% during the review period. The decrease was attributed to high levels of unemployment, which decreased the demand for group life insurance products and the uncertain economic environment, which resulted in a decline in gross written premiums in the term life category. In addition, the low investment returns due to low interest rates represented losses to the earnings of life insurers.

Key Highlights

- In terms of gross written premium, the life insurance segment was the largest segment in the overall US insurance industry during the review period.
- The total written premium value of the segment decreased at a CAGR of -0.7% during the review period.
- The decrease was attributed to high levels of unemployment, which decreased the demand for group life insurance products and the uncertain economic environment, which resulted in a decline in gross written premiums in the term life category.
- In addition, the low investment returns due to low interest rates represented losses to the earnings of life insurers.

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Scope

This report provides a comprehensive analysis of the life insurance market in the US:

- It provides historical values for the US life insurance market for the report's 2007-2011 review period and forecast figures for the 2012-2016 forecast period
- It offers a detailed analysis of the key sub-segments in the US life insurance market, along with market forecasts until 2016
- It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, frauds and crimes, total assets, total investment income and retentions
- It analyses the various distribution channels for life insurance products in the US
- Using Porter's industry-standard "Five Forces" analysis, it details the competitive landscape in the US for the life insurance business
- It provides a detailed analysis of the reinsurance market in the US and its growth prospects
- It profiles the top life insurance companies in the US and outlines the key regulations affecting them

Reasons to Get this Report

- Make strategic business decisions using in depth historic and forecast market data related to the US life insurance market and each sector within it
- Understand the demand-side dynamics, key market trends and growth opportunities within the US life insurance market
- Assess the competitive dynamics in the life insurance market, along with the reinsurance segment
- Identify the growth opportunities and market dynamics within key product categories

Companies Mentioned in this Report: MetLife Inc, Northwestern Mutual Corporate, Massachusetts Mutual Life Insurance, New York Life Insurance, Prudential Financial

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