Lifestyles annuity insurance coverage marketplace in Singapore, Expanding call for for insurance coverage insurance policies to spice up marketplace development, Evolving Alternatives with Allianz Workforce and AXA

Lifestyles annuity insurance coverage marketplace in Singapore, Expanding call for for insurance coverage insurance policies to spice up marketplace development, Evolving Alternatives with Allianz Workforce and AXA

NEW YORK, July 28, 2022 /PRNewswire/ — The Lifestyles Annuity Insurance coverage Marketplace in Singapore is anticipated to witness a possible development variance of USD 570.00 million at a decelerating CAGR of three.22% right through the forecast duration. The lifestyles annuity insurance coverage marketplace in Singapore file additionally provides knowledge on a number of marketplace distributors, together with Allianz Workforce, AXA Workforce, Berkshire Hathaway Inc., China Lifestyles Insurance coverage (Singapore) Pte. Ltd, China Taiping Insurance coverage Holdings Co. Ltd., Generali Workforce, HSBC Holdings %, Prison and Normal Workforce PLC, Munich Reinsurance Co., and Prudential Monetary Inc. amongst others.

This file broadly covers the lifestyles annuity insurance coverage marketplace in Singapore segmentation by way of

  • Distribution channel (on-line and offline) and
  • Sort (lifestyles (possibility top rate),
  • Lifestyles (coinsurance, coincidence and well being, incapacity source of revenue, and others)

Learn the 120-page file with TOC on “Lifestyles Annuity Insurance coverage Marketplace in Singapore Research File by way of Distribution channel and Sort, Lifestyles, and the Section Forecasts,2022-2026″. Request Pattern File.

Main Lifestyles Annuity Insurance coverage in Singapore Firms:

  • Allianz Workforce
  • AXA Workforce
  • Berkshire Hathaway Inc.
  • China Lifestyles Insurance coverage (Singapore) Pte. Ltd
  • China Taiping Insurance coverage Holdings Co. Ltd.
  • Generali Workforce
  • HSBC Holdings %
  • Prison and Normal Workforce PLC
  • Munich Reinsurance Co.
  • Prudential Monetary Inc.

Technavio’s pattern reviews comprise more than one sections of the file, such because the marketplace measurement and forecast, drivers, demanding situations, tendencies, and extra. Purchase pattern file

Key Marketplace Motive force

Some of the primary components selling the growth of the Singapore lifestyles annuity insurance coverage trade is the emerging call for for insurance policy. Insurance coverage brokerage companies had been beneath force to broaden efficient gross sales strategies, actuarial fashions, and pricing methods on account of a transformation in client demographics. 

The call for for insurance coverage merchandise has expanded on account of the provision of safety products and services and individualized monetary products and services to shoppers. In Singapore, the marketplace for lifestyles annuity insurance coverage is thus expected to extend on account of the expanding call for for insurance coverage merchandise right through the forecasted duration.

Key Marketplace Segmentation

Singapore’s on-line section will considerably building up its marketplace percentage for lifestyles annuity insurance coverage. The marketplace’s enlargement can be aided by way of the net sector. However the offline sector will even gasoline marketplace enlargement. Gross sales channels within the offline distribution community come with insurance coverage firms and salespeople. Gross sales brokers for an insurance coverage supplier obtain commissions for each and every coverage they promote. They may be able to determine agree with with other people, insurance coverage firms, and their insurance policies conveniently. All over the projection duration, those components will gasoline marketplace enlargement. Obtain Pattern File.

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Lifestyles Annuity Insurance coverage Marketplace Scope in Singapore

File Protection

Main points

Web page quantity

120

Base yr

2021

Forecast duration

2022-2026

Expansion momentum & CAGR

Slow down at a CAGR of three.22%

Marketplace development 2022-2026

$ 570.00 million

Marketplace construction

Concentrated

YoY development (%)

3.63

Aggressive panorama

Main firms, Aggressive methods, Shopper engagement scope

Key firms profiled

Allianz Workforce, AXA Workforce, Berkshire Hathaway Inc., China Lifestyles Insurance coverage (Singapore) Pte. Ltd, China Taiping Insurance coverage Holdings Co. Ltd., Generali Workforce, HSBC Holdings %, Prison and Normal Workforce PLC, Munich Reinsurance Co., and Prudential Monetary Inc.

Marketplace dynamics

Dad or mum marketplace research, Marketplace development inducers and stumbling blocks, Rapid-growing and slow-growing section research, COVID-19 affect and restoration research and long run client dynamics, Marketplace situation research for the forecast duration

Customization purview

If our file has no longer incorporated the knowledge that you’re in search of, you’ll succeed in out to our analysts and get segments custom designed.

Desk of Contents

1. Government Abstract           

              1.1 Marketplace Review

                                Show off 01:  Key Discovering 1

                                Show off 02:  Key discovering 2

                                Show off 03:  Key discovering 5

                                Show off 04:  Key discovering 6

                                Show off 05:  Key discovering 7

2. Marketplace Panorama             

              2.1 Marketplace ecosystem              

                                2.1.1 Dad or mum marketplace

                                Show off 06:  Dad or mum marketplace

                                Show off 07:  Marketplace traits

                2.2 Worth chain research           

                                Show off 08:  Worth chain research: Specialised Shopper Products and services

                                2.2.1 Inputs

                                2.2.2 Operations

                                2.2.3 Advertising and marketing and gross sales

                                2.2.4 Fortify actions

                                2.2.5 Inventions

3. Marketplace Sizing       

              3.1 Marketplace definition

                                Show off 09:  Choices of distributors incorporated out there definition

                3.2 Marketplace section research 

                                Show off 10:  Marketplace segments

                3.3 Marketplace measurement 2021 

                3.4 Marketplace outlook: Forecast for 2021 – 2026 

                                3.4.1 Estimating development charges for rising and high-growth markets

                                3.4.2 Estimating development charges for mature markets

                                Show off 11:  World – Marketplace measurement and forecast 2021 – 2026 ($ million)

                                Show off 12:  World marketplace: Yr-over-year development 2021 – 2026 (%)

4. 5 Forces Research

               4.1 5 Forces Abstract        

                                Show off 13:  5 forces research 2021 & 2026

                4.2 Bargaining energy of patrons           

                                Show off 14:  Bargaining energy of patrons

                4.3 Bargaining energy of providers       

                                Show off 15: Bargaining energy of providers

                4.4 Risk of latest entrants    

                                Show off 16:  Risk of latest entrants

                4.5 Risk of substitutes         

                                Show off 17: Risk of substitutes

                4.6 Risk of competition   

                                Show off 18: Risk of competition

                4.7 Marketplace situation

                                Show off 19:  Marketplace situation – 5 forces 2021

5. Marketplace Segmentation by way of Distribution Channel     

             5.1 Marketplace segments 

                                The segments coated on this bankruptcy are:

                                Show off 20:  Distribution Channel – Marketplace percentage 2021-2026 (%)

                5.2 Comparability by way of Distribution Channel          

                                Show off 21:  Comparability by way of Distribution Channel

                5.3 Offline – Marketplace measurement and forecast 2021-2026           

                                Show off 22:  Offline – Marketplace measurement and forecast 2021-2026 ($ million)

                                Show off 23:  Offline – Yr-over-year development 2021-2026 (%)

                5.4 On-line – Marketplace measurement and forecast 2021-2026            

                                Show off 24:  On-line – Marketplace measurement and forecast 2021-2026 ($ million)

                                Show off 25:  On-line – Yr-over-year development 2021-2026 (%)

                5.5 Marketplace alternative by way of Distribution channel            

                                Show off 26:  Marketplace alternative by way of Distribution channel

6. Marketplace Segmentation by way of Sort     

             6.1 Marketplace segments 

                                The segments coated on this bankruptcy are:

  • Lifestyles (Chance Top class)
  • Lifestyles (Coinsurance)
  • Twist of fate and well being
  • Incapacity source of revenue
  • Others

                                Show off 27:  Sort – Marketplace percentage 2021-2026 (%)

                6.2 Comparability by way of Sort          

                                Show off 28:  Comparability by way of Sort

                6.3 Lifestyles (Chance Top class) – Marketplace measurement and forecast 2021-2026  

                                Show off 29:  Lifestyles (Chance Top class) – Marketplace measurement and forecast 2021-2026 ($ million)

                                Show off 30:  Lifestyles (Chance Top class) – Yr-over-year development 2021-2026 (%)

                6.4 Lifestyles (Coinsurance) – Marketplace measurement and forecast 2021-2026     

                                Show off 31:  Lifestyles (Coinsurance) – Marketplace measurement and forecast 2021-2026 ($ million)

                                Show off 32:  Lifestyles (Coinsurance) – Yr-over-year development 2021-2026 (%)

                6.5 Twist of fate and well being – Marketplace measurement and forecast 2021-2026 

                                Show off 33:  Twist of fate and well being – Marketplace measurement and forecast 2021-2026 ($ million)

                                Show off 34:  Twist of fate and well being – Yr-over-year development 2021-2026 (%)

                6.6 Incapacity source of revenue – Marketplace measurement and forecast 2021-2026       

                                Show off 35:  Incapacity source of revenue – Marketplace measurement and forecast 2021-2026 ($ million)

                                Show off 36:  Incapacity source of revenue – Yr-over-year development 2021-2026 (%)

                6.7 Others – Marketplace measurement and forecast 2021-2026           

                                Show off 37:  Others – Marketplace measurement and forecast 2021-2026 ($ million)

                                Show off 38:  Others – Yr-over-year development 2021-2026 (%)

                6.8 Marketplace alternative by way of Sort          

                                Show off 39:  Marketplace alternative by way of Sort

7. Buyer panorama                         

                             Technavio’s buyer panorama matrix evaluating Drivers or value sensitivity, Adoption lifecycle, significance in buyer value basket, Adoption price and Key acquire standards

                7.1 Review

                                Show off 40:  Buyer panorama

8. Drivers, Demanding situations, and Traits   

             8.1 Marketplace drivers       

                                8.1.1 Expanding call for for insurance coverage insurance policies

                                8.1.2 Expanding govt laws on obligatory insurance coverage coverages

                                8.1.3 Rising clinic insurance coverage methods

                8.2 Marketplace demanding situations              

                                8.2.1 Vulnerability towards cybercrime

                                8.2.2 Low profitability for Insurers because of low rates of interest

                                8.2.3 Insurance coverage matter to govt laws

                                Show off 41:  Affect of drivers and demanding situations

                8.3 Marketplace tendencies      

                                8.3.1 Insurance coverage firms are going micro

                                8.3.2 Integration of IT and analytic answers

                                8.3.3 Emergence of virtual advertising and marketing platform

9. Supplier Panorama             

             9.1 Review 

                                Show off 42:  Supplier panorama

                9.2 Panorama disruption        

                                Show off 43:  Panorama disruption

                                Show off 44:  Business dangers

                9.3 Aggressive panorama     

10. Supplier Research

               10.1 Distributors coated             

                                Show off 45:  Distributors coated

                10.2 Marketplace positioning of distributors    

                                Show off 46: Marketplace positioning of distributors

                10.3 Allianz Workforce     

                                Show off 47:  Allianz Workforce – Review

                                Show off 48:  Allianz Workforce – Industry segments

                                Show off 49:  Allianz Workforce – Key choices

                                Show off 50:  Allianz Workforce – Section focal point

                10.4 AXA Workforce          

                                Show off 51:  AXA Workforce – Review

                                Show off 52:  AXA Workforce – Industry segments

                                Show off 53:  AXA Workforce – Key choices

                                Show off 54:  AXA Workforce – Section focal point

                10.5 Berkshire Hathaway Inc.

                                Show off 55:  Berkshire Hathaway Inc. – Review

                                Show off 56:  Berkshire Hathaway Inc. – Industry segments

                                Show off 57:  Berkshire Hathaway Inc. – Key choices

                                Show off 58:  Berkshire Hathaway Inc. – Section focal point

                10.6 China Lifestyles Insurance coverage (Singapore) Pte. Ltd

                                Show off 59:  China Lifestyles Insurance coverage (Singapore) Pte. Ltd – Review

                                Show off 60:  China Lifestyles Insurance coverage (Singapore) Pte. Ltd – Product and repair

                                Show off 61:  China Lifestyles Insurance coverage (Singapore) Pte. Ltd – Key choices

                10.7 China Taiping Insurance coverage Holdings Co. Ltd.              

                                Show off 62:  China Taiping Insurance coverage Holdings Co. Ltd. – Review

                                Show off 63:  China Taiping Insurance coverage Holdings Co. Ltd. – Industry segments

                                Show off 64:  China Taiping Insurance coverage Holdings Co. Ltd. – Key choices

                                Show off 65:  China Taiping Insurance coverage Holdings Co. Ltd. – Section focal point

                10.8 Generali Workforce  

                                Show off 66:  Generali Workforce – Review

                                Show off 67:  Generali Workforce – Industry segments

                                Show off 68:  Generali Workforce – Key choices

                                Show off 69:  Generali Workforce – Section focal point

                10.9 HSBC Holdings %             

                                Show off 70:  HSBC Holdings % – Review

                                Show off 71:  HSBC Holdings % – Industry segments

                                Show off 72:  HSBC Holdings % – Key choices

                                Show off 73:  HSBC Holdings % – Section focal point

                10.10 Prison and Normal Workforce PLC    

                                Show off 74:  Prison and Normal Workforce PLC – Review

                                Show off 75:  Prison and Normal Workforce PLC – Industry segments

                                Show off 76:  Prison and Normal Workforce PLC – Key choices

                                Show off 77:  Prison and Normal Workforce PLC – Section focal point

                10.11 Munich Reinsurance Co.             

                                Show off 78:  Munich Reinsurance Co. – Review

                                Show off 79:  Munich Reinsurance Co. – Industry segments

                                Show off 80:  Munich Reinsurance Co. – Key choices

                                Show off 81:  Munich Reinsurance Co. – Section focal point

                10.12 Prudential Monetary Inc.              

                                Show off 82:  Prudential Monetary Inc. – Review

                                Show off 83:  Prudential Monetary Inc. – Industry segments

                                Show off 84:  Prudential Monetary Inc. – Key choices

                                Show off 85:  Prudential Monetary Inc. – Section focal point

11. Appendix            

                11.1 Scope of the file        

                                11.1.1 Marketplace definition

                                11.1.2 Goals

                                11.1.3 Notes and caveats

                11.2 Forex conversion charges for US$            

                                Show off 86:  Forex conversion charges for US$

                11.3 Analysis Technique 

                                Show off 87:  Analysis Technique

                                Show off 88:  Validation tactics hired for marketplace sizing

                                Show off 89:  Knowledge resources

                11.4 Listing of abbreviations        

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