Life Reinsurance Market Size, Analysis Report, Share, Trends and Overview By 2031

Increase in demand for various insurance plans is anticipated to drive the life reinsurance market growth during the forecast period. Additionally, the COVID-19 pandemic increased awareness of the need for life insurance among the general public. One of the primary causes of rise in demand for life and health insurance plans during COVID-19 is the high cost …

Life Reinsurance Market is projected to reach $647.8 billion by 2031 at a CAGR of 11.6% The Canada Life Assurance Company, MAPFRE, PartnerRe, Swiss Re, Munich Re

The global life reinsurance market was valued at $222.14 billion in 2021, and is projected to reach $647.8 billion by 2031, growing at a CAGR of 11.6% from 2022 to 2031. Reinsurance for life insurance firms allows them to shift all or a portion of their risk to another insurer. It allows life insurance companies …