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Market Research Report

Global Annuities Insurance Market Insights, Size, and Forecast By Type (Fixed Annuities, Variable Annuities, Indexed Annuities, Immediate Annuities, Deferred Annuities), By Product Features (Lifetime Income Benefit, Death Benefit, Surrender Value, Riders Options), By End User (Individual Investors, Institutional Investors, Retirement Funds, Wealth Management Firms), By Distribution Channel (Insurance Agents, Brokers, Banks, Financial Advisors, Direct Sales), By Region (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa), Key Companies, Competitive Analysis, Trends, and Projections for 2026-2035

Report ID:59501
Published Date:Jan 2026
No. of Pages:229
Base Year for Estimate:2025
Format:
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Key Market Insights

Global Annuities Insurance Market is projected to grow from USD 285.4 Billion in 2025 to USD 451.7 Billion by 2035, reflecting a compound annual growth rate of 6.2% from 2026 through 2035. This growth underscores the increasing importance of annuities as a crucial financial instrument for retirement planning and income security globally. Annuities are contracts with an insurance company designed to provide a steady income stream, either immediately or at a future date, often for the remainder of one's life. The market is primarily driven by an aging global population seeking reliable post retirement income solutions, declining pension benefits in many regions, and increased awareness regarding longevity risk. Economic uncertainties and volatile financial markets further compel individuals to seek the stability offered by annuities. Deferred Annuities currently dominate the market, holding the largest share, as they appeal to a broader demographic interested in long term capital accumulation and future income. Important market trends include the rise of personalized annuity products, the integration of digital platforms for distribution and servicing, and an increased focus on advisory services to guide consumers through complex product offerings. However, market restraints include low interest rate environments which can reduce annuity payouts, regulatory complexities, and a lack of public understanding about the benefits and mechanics of various annuity products.

Global Annuities Insurance Market Value (USD Billion) Analysis, 2025-2035

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6.2%
CAGR from
2025 - 2035
Source:
www.makdatainsights.com

North America stands as the dominant region in the global annuities insurance market. This dominance is attributed to a mature financial services sector, high levels of disposable income, a strong culture of retirement savings, and robust regulatory frameworks that foster trust and product innovation. The region benefits from a large aging demographic actively planning for retirement and a well established network of financial advisors promoting annuity solutions. Conversely, Asia Pacific is identified as the fastest growing region. This rapid expansion is fueled by rising income levels, increasing financial literacy, developing social security systems, and a burgeoning middle class in countries like China and India. Governments in these regions are also implementing policies to encourage long term savings, creating a fertile ground for annuity adoption. Market opportunities abound in developing new product features such as inflation indexed annuities, variable annuities with enhanced investment options, and simplified annuity products accessible to a wider demographic. The expansion into underserved markets, particularly in emerging economies, also presents significant growth avenues.

Key players in the global annuities insurance market include New York Life Insurance, Transamerica, Genworth Financial, Pacific Life, Otter Tail Corporation, Prudential Financial, MetLife, Allianz Life, TIAA, and Foresters Financial. These companies are employing various strategies to maintain and expand their market presence. Common strategies involve product innovation, such as developing flexible annuity options and riders to cater to diverse customer needs. Many firms are investing heavily in digital transformation, enhancing online platforms for sales, customer service, and claims processing to improve efficiency and customer experience. Strategic partnerships with financial advisors, wealth management firms, and fintech companies are also crucial for expanding distribution channels and reaching new customer segments. Furthermore, these companies focus on robust risk management practices, strong financial ratings, and effective marketing campaigns to build trust and educate potential clients about the long term value proposition of annuities. Consolidation and mergers and acquisitions are also observed as companies seek to gain market share and leverage economies of scale in this competitive landscape.

Quick Stats

  • Market Size (2025):

    USD 285.4 Billion

  • Projected Market Size (2035):

    USD 451.7 Billion

  • Leading Segment:

    Deferred Annuities (72.8% Share)

  • Dominant Region (2025):

    North America (41.2% Share)

  • CAGR (2026-2035):

    6.2%

Global Annuities Insurance Market Emerging Trends and Insights

AI Powered Annuity Personalization

AI powered annuity personalization is transforming the global annuities market by leveraging sophisticated algorithms and vast datasets. This trend moves beyond traditional demographic based product design, creating hyper customized annuity solutions for individual policyholders. AI analyzes factors like health data, lifestyle choices, financial goals, and risk tolerance to craft bespoke payout structures, investment options, and riders. This hyper personalization allows insurers to offer more competitive and attractive products, better matching an individual's unique needs and future aspirations. It optimizes the balance between predictable income and potential growth, increasing policyholder satisfaction and engagement. For insurers, this means improved risk assessment, enhanced product innovation, and ultimately, greater market penetration by meeting diverse consumer demands with unparalleled precision.

Sustainable Investing Annuity Growth

A clear trend shows sustainable investing annuities expanding within the global insurance market. Retirees increasingly prioritize environmental, social, and governance ESG factors alongside financial returns, driving demand for annuity products that align with their values. Insurers are responding by developing new annuity offerings, or enhancing existing ones, to incorporate sustainable investment strategies. This shift is fueled by growing awareness of climate risks and social inequalities, combined with a desire for long term financial security that also contributes to a better future. Consequently, there is notable growth in the variety and availability of these specialized annuity products, signaling a significant evolution in retirement planning and investment preferences.

Longevity Risk Hedging Solutions

Longevity risk hedging solutions are a critical trend in the global annuities market. Insurers face the challenge of annuitants living longer than projected, increasing payout liabilities. To mitigate this, they are actively seeking and implementing innovative financial instruments and strategies. These solutions transfer or share the risk of unexpectedly high longevity with third parties, such as reinsurers or capital markets. Examples include longevity swaps, where insurers pay fixed premiums in exchange for payments linked to actual mortality rates, and longevity bonds, which pay out based on life expectancy indices. This trend enables insurers to manage their balance sheets more effectively, optimize capital allocation, and offer more competitive annuity products, ultimately supporting the long term sustainability of their businesses.

What are the Key Drivers Shaping the Global Annuities Insurance Market

Aging Demographics & Longevity Risk

Aging demographics and longevity risk are powerful drivers in the global annuities market. As birth rates decline and healthcare advances, the world's population is living longer. This creates a significant challenge for individuals and governments to ensure sufficient income throughout extended retirements. People are increasingly concerned about outliving their savings, a phenomenon known as longevity risk. Annuities offer a compelling solution by providing guaranteed income streams for life, mitigating this specific risk. The growing segment of retirees and pre-retirees with substantial assets and a desire for financial security fuels demand for these products. Insurers are responding by innovating and expanding their annuity offerings to cater to this fundamental demographic shift.

Interest Rate Environment & Investment Returns

The prevailing interest rate environment significantly impacts global annuity insurers and their investment returns. When interest rates are high, insurers can invest premiums in higher yielding assets, enhancing profitability and allowing for more attractive annuity product offerings to customers. This attracts more buyers, stimulating market growth. Conversely, a low interest rate environment presents substantial challenges. Insurers struggle to generate sufficient returns on their fixed income portfolios, which form a large portion of their assets. This compresses profit margins and can force insurers to lower guaranteed rates or increase premiums, making products less appealing. Sustained low rates can also lead to disintermediation, as customers seek alternative investments with potentially better returns, impacting annuity sales and overall market expansion. Insurers must carefully manage their asset liability matching in response to these rate fluctuations.

Retirement Planning & Financial Security Demand

Retirement Planning and Financial Security Demand is a pivotal driver in the global annuities market. As life expectancies increase and traditional pension plans decline, individuals are increasingly responsible for funding their own retirements. This demographic shift, coupled with rising healthcare costs and inflation, fuels a strong demand for financial products that offer guaranteed income streams and capital preservation. Annuities provide a solution by converting a lump sum into a steady stream of payments, mitigating the risk of outliving savings. The desire for predictable income, inflation protection, and the ability to transfer longevity risk to an insurer significantly propels the growth of the annuities sector as people prioritize securing their financial future in their golden years.

Global Annuities Insurance Market Restraints

Stringent Regulatory Frameworks and Compliance Costs

Stringent regulatory frameworks and compliance costs significantly constrain the global annuities insurance market. These regulations, varying across jurisdictions, often impose complex capital requirements, solvency standards, and extensive reporting obligations on insurers. Adhering to these diverse rules necessitates substantial investment in legal expertise, technology systems, and personnel to ensure compliance with consumer protection laws, product design mandates, and sales practice oversight. The high cost of meeting these multifaceted regulatory demands directly impacts profitability, discouraging new market entrants and potentially limiting the range of annuity products offered. Furthermore, navigating differing international regulations creates operational inefficiencies for insurers seeking to expand globally, impeding innovation and market responsiveness. This intricate web of rules and associated expenses ultimately translates into higher operational costs, which can be passed on to consumers or reduce insurer margins, thereby dampening overall market growth and competition.

Low Interest Rate Environment and Investment Yield Pressure

A persistent low interest rate environment severely constrains investment yields for global annuity insurers. These companies predominantly invest premiums in fixed income securities to match long term liabilities. When interest rates are low, the returns generated from these investments diminish significantly. This creates immense pressure on profitability as insurers struggle to meet guaranteed rates of return promised to annuitants. Consequently, they face difficulties in accumulating sufficient reserves to cover future payouts, potentially impacting their financial stability. The need to generate adequate returns compels some insurers to seek higher risk assets, introducing new challenges. Ultimately, this environment makes product design difficult and compresses new business margins across the market.

Global Annuities Insurance Market Opportunities

Global Longevity & Retirement Security: Expanding the Annuity Market

The increasing global lifespan presents a significant opportunity for the annuities market. As individuals live longer, the need for robust retirement security solutions becomes paramount. Traditional retirement funding models often fall short in providing guaranteed income over extended periods. Annuities are uniquely positioned to bridge this gap, offering a reliable income stream that mitigates the risk of outliving one's savings. This demographic shift drives demand for innovative annuity products catering to diverse financial planning needs across various life stages. Insurers can capitalize by developing flexible, inflation protected, and personalized annuity solutions that resonate with a populace increasingly concerned about sustained financial well being in their later years. Expanding distribution channels and enhancing financial literacy around annuities will unlock substantial growth. The focus is on translating longevity challenges into annuity market expansion, ensuring individuals worldwide can achieve secure and dignified retirements. This global trend underscores the imperative for the insurance sector to innovate and capture rising demand for lifelong financial protection.

Bridging the Retirement Income Gap: Innovative Annuities for a Changing World

The global annuities market offers a profound opportunity to bridge the expanding retirement income gap faced by an aging global population. As individuals live longer and traditional pension structures decline, ensuring sufficient income for extended post work lives becomes a critical challenge. This fuels demand for innovative annuity solutions that deliver reliable, guaranteed income streams. Success hinges on developing annuities adaptable to modern financial realities, including market volatility and persistent low interest rates, while offering compelling returns. There is immense potential in products designed for evolving demographics such as the self employed and the rapidly expanding middle classes, particularly in dynamic regions like Asia Pacific. These innovative annuities can offer crucial financial security and peace of mind. By providing flexible, resilient income solutions, insurers can empower individuals to confidently fund their retirement, transforming a significant societal challenge into a substantial market opportunity for growth and social impact.

Global Annuities Insurance Market Segmentation Analysis

Key Market Segments

By Type

  • •Fixed Annuities
  • •Variable Annuities
  • •Indexed Annuities
  • •Immediate Annuities
  • •Deferred Annuities

By Distribution Channel

  • •Insurance Agents
  • •Brokers
  • •Banks
  • •Financial Advisors
  • •Direct Sales

By End User

  • •Individual Investors
  • •Institutional Investors
  • •Retirement Funds
  • •Wealth Management Firms

By Product Features

  • •Lifetime Income Benefit
  • •Death Benefit
  • •Surrender Value
  • •Riders Options

Segment Share By Type

Share, By Type, 2025 (%)

  • Deferred Annuities
  • Variable Annuities
  • Fixed Annuities
  • Indexed Annuities
  • Immediate Annuities
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$285.4BGlobal Market Size, 2025
Source:
www.makdatainsights.com

Why is Deferred Annuities dominating the Global Annuities Insurance Market?

Deferred Annuities hold a significant majority share due to their appeal as a long term savings vehicle, offering tax deferred accumulation for retirement planning. This product type allows investors, ranging from individual investors to retirement funds, to grow their assets over time before converting them into an income stream. Its flexibility in deferring income payments aligns well with the evolving needs of those planning for future financial security, making it a preferred choice across various end user segments.

How do distribution channels influence the reach and adoption of annuities?

Distribution channels play a pivotal role in connecting annuity products with a diverse range of end users. Insurance agents, financial advisors, and banks leverage their expertise and client relationships to educate individual investors and institutional investors about the complex product features like lifetime income benefit, death benefit, and various riders options. Their ability to tailor recommendations based on individual financial goals and risk appetites is crucial for the widespread adoption of annuities, including Fixed, Variable, and Indexed Annuities.

What drives the demand for specific annuity types and their associated product features?

Demand for specific annuity types is largely driven by end user needs for financial security and wealth preservation, coupled with desirable product features. For instance, Lifetime Income Benefit appeals to individual investors seeking guaranteed income during retirement, while Death Benefit features cater to estate planning considerations. The choice between Fixed, Variable, or Indexed Annuities often depends on an investor's risk tolerance and growth objectives, with each type offering different balances of growth potential, capital protection, and income certainty through features like surrender value.

Global Annuities Insurance Market Regulatory and Policy Environment Analysis

The global annuities market operates within a complex and evolving regulatory landscape. Solvency frameworks such as Solvency II and risk based capital requirements significantly influence product design, pricing, and insurer capitalization across jurisdictions. Robust consumer protection measures, including enhanced disclosure requirements, suitability standards, and fair treatment principles, are increasingly common, aiming to safeguard policyholder interests. Tax policies play a pivotal role, with many countries offering deferred taxation benefits that incentivize annuity purchases for retirement planning. Regulatory oversight of interest rate risk management and investment strategies remains stringent, particularly for products with guaranteed features. Government initiatives promoting retirement savings and addressing longevity risk often support annuity market growth through favorable policy environments or pension reforms. Distribution regulations, encompassing advisor compensation and digital sales, are also under constant review. Overall, harmonizing these diverse global regulations while fostering innovation and ensuring market stability presents a continuous challenge for insurers.

Which Emerging Technologies Are Driving New Trends in the Market?

The global annuities market is seeing remarkable expansion driven by technological advancements. Innovations are profoundly transforming product development and customer interaction. Artificial intelligence and machine learning are now central to crafting hyper-personalized annuity solutions, meticulously aligning with individual longevity expectations and financial goals. This allows for more dynamic and flexible product offerings tailored to diverse demographics.

Advanced data analytics are significantly enhancing risk assessment and predictive modeling, leading to optimized pricing and more sustainable annuity designs. Blockchain technology is emerging as a cornerstone for enhanced security and transparency in policy management, ensuring immutable record keeping and efficient, automated claims processing via smart contracts. Furthermore, the rise of digital platforms and robo advisors is democratizing access to annuity products, streamlining the sales process, and providing accessible, automated financial guidance. These technologies collectively foster market growth by improving efficiency, trust, and client value.

Global Annuities Insurance Market Regional Analysis

Global Annuities Insurance Market

Trends, by Region

Largest Market
Fastest Growing Market
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41.2%

North America Market
Revenue Share, 2025

Source:
www.makdatainsights.com

Dominant Region

North America · 41.2% share

North America stands as the dominant region in the global annuities insurance market, commanding a substantial 41.2% market share. This leadership is primarily driven by a mature financial services sector, high disposable incomes, and a well-established retirement planning culture in countries like the United States and Canada. The region benefits from a robust regulatory framework that fosters consumer trust and product innovation, particularly in variable and fixed indexed annuities. A large aging population further fuels demand for income guarantee products, ensuring continued growth and cementing North America's position as the leading market for annuities insurance worldwide. The sophisticated distribution networks and competitive landscape also contribute significantly to its preeminence.

Fastest Growing Region

Asia Pacific · 9.2% CAGR

Asia Pacific is poised to be the fastest growing region in the global annuities insurance market, projected to expand at a compelling 9.2% CAGR from 2026 to 2035. This remarkable growth is fueled by several converging factors. A rapidly aging population across many Asia Pacific nations is driving increased demand for secure retirement income solutions. Rising disposable incomes and an expanding middle class contribute to greater financial literacy and a willingness to invest in long term savings products like annuities. Furthermore, supportive regulatory frameworks in key markets within the region are fostering a conducive environment for insurance product innovation and distribution. The increasing awareness of longevity risk also propels the adoption of annuities as a reliable mechanism for lifelong financial security.

Impact of Geopolitical and Macroeconomic Factors

Geopolitical stability directly influences annuity demand, with prolonged peace fostering higher consumer confidence and long term financial planning. Conversely, regional conflicts, trade wars, or political instability deter capital allocation towards annuities, as investors prioritize liquidity and shorter term instruments. Regulatory landscapes, particularly those concerning Solvency II or similar risk based capital regimes, profoundly impact product design and pricing strategies. Divergent national approaches to taxation of annuity income also create significant cross border variances in market attractiveness and product competitiveness.

Macroeconomic factors like interest rates are paramount; sustained low rates depress annuity yields, making them less attractive unless alternative investments also yield poorly. Inflation erodes real annuity values, pushing demand for inflation linked products or discouraging purchases. Demographic shifts, specifically aging populations in developed economies, provide a structural tailwind for annuity markets, increasing the pool of potential buyers seeking retirement income solutions. Economic growth or recession cycles influence discretionary income for annuity purchases, with downturns typically reducing demand.

Recent Developments

  • March 2025

    Prudential Financial announced a strategic partnership with a leading fintech platform to enhance digital access and distribution of their annuity products. This collaboration aims to streamline the application process and provide more personalized advisory tools for clients seeking retirement income solutions.

  • November 2024

    Allianz Life launched a new buffered annuity product, 'Allianz Accumulation Advantage Annuity,' designed to offer market participation with downside protection against specified losses. This product targets investors seeking growth potential while mitigating some market volatility in their retirement portfolios.

  • February 2025

    TIAA completed the acquisition of a significant block of in-force annuity contracts from a regional insurer, expanding its client base and assets under management. This acquisition strengthens TIAA's position in the retirement income market, particularly within the defined contribution segment.

  • September 2024

    MetLife introduced an innovative guaranteed lifetime withdrawal benefit (GLWB) rider integrated into several of its variable annuity offerings. This new rider provides greater flexibility for clients to start and stop income withdrawals, adapting to changing financial needs throughout retirement.

Key Players Analysis

New York Life, Transamerica, and Prudential Financial lead the global annuities market, offering diverse products from fixed to variable annuities. They leverage advanced analytics and digital platforms for enhanced customer experience and risk management. Strategic initiatives include product innovation, digital transformation, and expanding distribution channels. Market growth is driven by rising retirement populations, longevity concerns, and demand for guaranteed income streams. Allianz Life and MetLife are also major players, competing through similar strategies.

List of Key Companies:

  1. New York Life Insurance
  2. Transamerica
  3. Genworth Financial
  4. Pacific Life
  5. Otter Tail Corporation
  6. Prudential Financial
  7. MetLife
  8. Allianz Life
  9. TIAA
  10. Foresters Financial
  11. Lincoln Financial Group
  12. John Hancock
  13. American National Insurance
  14. MassMutual
  15. AIG
  16. Northwestern Mutual

Report Scope and Segmentation

Report ComponentDescription
Market Size (2025)USD 285.4 Billion
Forecast Value (2035)USD 451.7 Billion
CAGR (2026-2035)6.2%
Base Year2025
Historical Period2020-2025
Forecast Period2026-2035
Segments Covered
  • By Type:
    • •Fixed Annuities
    • •Variable Annuities
    • •Indexed Annuities
    • •Immediate Annuities
    • •Deferred Annuities
  • By Distribution Channel:
    • •Insurance Agents
    • •Brokers
    • •Banks
    • •Financial Advisors
    • •Direct Sales
  • By End User:
    • •Individual Investors
    • •Institutional Investors
    • •Retirement Funds
    • •Wealth Management Firms
  • By Product Features:
    • •Lifetime Income Benefit
    • •Death Benefit
    • •Surrender Value
    • •Riders Options
Regional Analysis
  • North America
  • • United States
  • • Canada
  • Europe
  • • Germany
  • • France
  • • United Kingdom
  • • Spain
  • • Italy
  • • Russia
  • • Rest of Europe
  • Asia-Pacific
  • • China
  • • India
  • • Japan
  • • South Korea
  • • New Zealand
  • • Singapore
  • • Vietnam
  • • Indonesia
  • • Rest of Asia-Pacific
  • Latin America
  • • Brazil
  • • Mexico
  • • Rest of Latin America
  • Middle East and Africa
  • • South Africa
  • • Saudi Arabia
  • • UAE
  • • Rest of Middle East and Africa

Table of Contents:

1. Introduction
1.1. Objectives of Research
1.2. Market Definition
1.3. Market Scope
1.4. Research Methodology
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
3.4. Market Trends
4. Market Factor Analysis
4.1. Porter's Five Forces Model Analysis
4.1.1. Rivalry among Existing Competitors
4.1.2. Bargaining Power of Buyers
4.1.3. Bargaining Power of Suppliers
4.1.4. Threat of Substitute Products or Services
4.1.5. Threat of New Entrants
4.2. PESTEL Analysis
4.2.1. Political Factors
4.2.2. Economic & Social Factors
4.2.3. Technological Factors
4.2.4. Environmental Factors
4.2.5. Legal Factors
4.3. Supply and Value Chain Assessment
4.4. Regulatory and Policy Environment Review
4.5. Market Investment Attractiveness Index
4.6. Technological Innovation and Advancement Review
4.7. Impact of Geopolitical and Macroeconomic Factors
4.8. Trade Dynamics: Import-Export Assessment (Where Applicable)
5. Global Annuities Insurance Market Analysis, Insights 2020 to 2025 and Forecast 2026-2035
5.1. Market Analysis, Insights and Forecast, 2020-2035, By Type
5.1.1. Fixed Annuities
5.1.2. Variable Annuities
5.1.3. Indexed Annuities
5.1.4. Immediate Annuities
5.1.5. Deferred Annuities
5.2. Market Analysis, Insights and Forecast, 2020-2035, By Distribution Channel
5.2.1. Insurance Agents
5.2.2. Brokers
5.2.3. Banks
5.2.4. Financial Advisors
5.2.5. Direct Sales
5.3. Market Analysis, Insights and Forecast, 2020-2035, By End User
5.3.1. Individual Investors
5.3.2. Institutional Investors
5.3.3. Retirement Funds
5.3.4. Wealth Management Firms
5.4. Market Analysis, Insights and Forecast, 2020-2035, By Product Features
5.4.1. Lifetime Income Benefit
5.4.2. Death Benefit
5.4.3. Surrender Value
5.4.4. Riders Options
5.5. Market Analysis, Insights and Forecast, 2020-2035, By Region
5.5.1. North America
5.5.2. Europe
5.5.3. Asia-Pacific
5.5.4. Latin America
5.5.5. Middle East and Africa
6. North America Annuities Insurance Market Analysis, Insights 2020 to 2025 and Forecast 2026-2035
6.1. Market Analysis, Insights and Forecast, 2020-2035, By Type
6.1.1. Fixed Annuities
6.1.2. Variable Annuities
6.1.3. Indexed Annuities
6.1.4. Immediate Annuities
6.1.5. Deferred Annuities
6.2. Market Analysis, Insights and Forecast, 2020-2035, By Distribution Channel
6.2.1. Insurance Agents
6.2.2. Brokers
6.2.3. Banks
6.2.4. Financial Advisors
6.2.5. Direct Sales
6.3. Market Analysis, Insights and Forecast, 2020-2035, By End User
6.3.1. Individual Investors
6.3.2. Institutional Investors
6.3.3. Retirement Funds
6.3.4. Wealth Management Firms
6.4. Market Analysis, Insights and Forecast, 2020-2035, By Product Features
6.4.1. Lifetime Income Benefit
6.4.2. Death Benefit
6.4.3. Surrender Value
6.4.4. Riders Options
6.5. Market Analysis, Insights and Forecast, 2020-2035, By Country
6.5.1. United States
6.5.2. Canada
7. Europe Annuities Insurance Market Analysis, Insights 2020 to 2025 and Forecast 2026-2035
7.1. Market Analysis, Insights and Forecast, 2020-2035, By Type
7.1.1. Fixed Annuities
7.1.2. Variable Annuities
7.1.3. Indexed Annuities
7.1.4. Immediate Annuities
7.1.5. Deferred Annuities
7.2. Market Analysis, Insights and Forecast, 2020-2035, By Distribution Channel
7.2.1. Insurance Agents
7.2.2. Brokers
7.2.3. Banks
7.2.4. Financial Advisors
7.2.5. Direct Sales
7.3. Market Analysis, Insights and Forecast, 2020-2035, By End User
7.3.1. Individual Investors
7.3.2. Institutional Investors
7.3.3. Retirement Funds
7.3.4. Wealth Management Firms
7.4. Market Analysis, Insights and Forecast, 2020-2035, By Product Features
7.4.1. Lifetime Income Benefit
7.4.2. Death Benefit
7.4.3. Surrender Value
7.4.4. Riders Options
7.5. Market Analysis, Insights and Forecast, 2020-2035, By Country
7.5.1. Germany
7.5.2. France
7.5.3. United Kingdom
7.5.4. Spain
7.5.5. Italy
7.5.6. Russia
7.5.7. Rest of Europe
8. Asia-Pacific Annuities Insurance Market Analysis, Insights 2020 to 2025 and Forecast 2026-2035
8.1. Market Analysis, Insights and Forecast, 2020-2035, By Type
8.1.1. Fixed Annuities
8.1.2. Variable Annuities
8.1.3. Indexed Annuities
8.1.4. Immediate Annuities
8.1.5. Deferred Annuities
8.2. Market Analysis, Insights and Forecast, 2020-2035, By Distribution Channel
8.2.1. Insurance Agents
8.2.2. Brokers
8.2.3. Banks
8.2.4. Financial Advisors
8.2.5. Direct Sales
8.3. Market Analysis, Insights and Forecast, 2020-2035, By End User
8.3.1. Individual Investors
8.3.2. Institutional Investors
8.3.3. Retirement Funds
8.3.4. Wealth Management Firms
8.4. Market Analysis, Insights and Forecast, 2020-2035, By Product Features
8.4.1. Lifetime Income Benefit
8.4.2. Death Benefit
8.4.3. Surrender Value
8.4.4. Riders Options
8.5. Market Analysis, Insights and Forecast, 2020-2035, By Country
8.5.1. China
8.5.2. India
8.5.3. Japan
8.5.4. South Korea
8.5.5. New Zealand
8.5.6. Singapore
8.5.7. Vietnam
8.5.8. Indonesia
8.5.9. Rest of Asia-Pacific
9. Latin America Annuities Insurance Market Analysis, Insights 2020 to 2025 and Forecast 2026-2035
9.1. Market Analysis, Insights and Forecast, 2020-2035, By Type
9.1.1. Fixed Annuities
9.1.2. Variable Annuities
9.1.3. Indexed Annuities
9.1.4. Immediate Annuities
9.1.5. Deferred Annuities
9.2. Market Analysis, Insights and Forecast, 2020-2035, By Distribution Channel
9.2.1. Insurance Agents
9.2.2. Brokers
9.2.3. Banks
9.2.4. Financial Advisors
9.2.5. Direct Sales
9.3. Market Analysis, Insights and Forecast, 2020-2035, By End User
9.3.1. Individual Investors
9.3.2. Institutional Investors
9.3.3. Retirement Funds
9.3.4. Wealth Management Firms
9.4. Market Analysis, Insights and Forecast, 2020-2035, By Product Features
9.4.1. Lifetime Income Benefit
9.4.2. Death Benefit
9.4.3. Surrender Value
9.4.4. Riders Options
9.5. Market Analysis, Insights and Forecast, 2020-2035, By Country
9.5.1. Brazil
9.5.2. Mexico
9.5.3. Rest of Latin America
10. Middle East and Africa Annuities Insurance Market Analysis, Insights 2020 to 2025 and Forecast 2026-2035
10.1. Market Analysis, Insights and Forecast, 2020-2035, By Type
10.1.1. Fixed Annuities
10.1.2. Variable Annuities
10.1.3. Indexed Annuities
10.1.4. Immediate Annuities
10.1.5. Deferred Annuities
10.2. Market Analysis, Insights and Forecast, 2020-2035, By Distribution Channel
10.2.1. Insurance Agents
10.2.2. Brokers
10.2.3. Banks
10.2.4. Financial Advisors
10.2.5. Direct Sales
10.3. Market Analysis, Insights and Forecast, 2020-2035, By End User
10.3.1. Individual Investors
10.3.2. Institutional Investors
10.3.3. Retirement Funds
10.3.4. Wealth Management Firms
10.4. Market Analysis, Insights and Forecast, 2020-2035, By Product Features
10.4.1. Lifetime Income Benefit
10.4.2. Death Benefit
10.4.3. Surrender Value
10.4.4. Riders Options
10.5. Market Analysis, Insights and Forecast, 2020-2035, By Country
10.5.1. South Africa
10.5.2. Saudi Arabia
10.5.3. UAE
10.5.4. Rest of Middle East and Africa
11. Competitive Analysis and Company Profiles
11.1. Market Share of Key Players
11.1.1. Global Company Market Share
11.1.2. Regional/Sub-Regional Company Market Share
11.2. Company Profiles
11.2.1. New York Life Insurance
11.2.1.1. Business Overview
11.2.1.2. Products Offering
11.2.1.3. Financial Insights (Based on Availability)
11.2.1.4. Company Market Share Analysis
11.2.1.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.1.6. Strategy
11.2.1.7. SWOT Analysis
11.2.2. Transamerica
11.2.2.1. Business Overview
11.2.2.2. Products Offering
11.2.2.3. Financial Insights (Based on Availability)
11.2.2.4. Company Market Share Analysis
11.2.2.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.2.6. Strategy
11.2.2.7. SWOT Analysis
11.2.3. Genworth Financial
11.2.3.1. Business Overview
11.2.3.2. Products Offering
11.2.3.3. Financial Insights (Based on Availability)
11.2.3.4. Company Market Share Analysis
11.2.3.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.3.6. Strategy
11.2.3.7. SWOT Analysis
11.2.4. Pacific Life
11.2.4.1. Business Overview
11.2.4.2. Products Offering
11.2.4.3. Financial Insights (Based on Availability)
11.2.4.4. Company Market Share Analysis
11.2.4.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.4.6. Strategy
11.2.4.7. SWOT Analysis
11.2.5. Otter Tail Corporation
11.2.5.1. Business Overview
11.2.5.2. Products Offering
11.2.5.3. Financial Insights (Based on Availability)
11.2.5.4. Company Market Share Analysis
11.2.5.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.5.6. Strategy
11.2.5.7. SWOT Analysis
11.2.6. Prudential Financial
11.2.6.1. Business Overview
11.2.6.2. Products Offering
11.2.6.3. Financial Insights (Based on Availability)
11.2.6.4. Company Market Share Analysis
11.2.6.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.6.6. Strategy
11.2.6.7. SWOT Analysis
11.2.7. MetLife
11.2.7.1. Business Overview
11.2.7.2. Products Offering
11.2.7.3. Financial Insights (Based on Availability)
11.2.7.4. Company Market Share Analysis
11.2.7.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.7.6. Strategy
11.2.7.7. SWOT Analysis
11.2.8. Allianz Life
11.2.8.1. Business Overview
11.2.8.2. Products Offering
11.2.8.3. Financial Insights (Based on Availability)
11.2.8.4. Company Market Share Analysis
11.2.8.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.8.6. Strategy
11.2.8.7. SWOT Analysis
11.2.9. TIAA
11.2.9.1. Business Overview
11.2.9.2. Products Offering
11.2.9.3. Financial Insights (Based on Availability)
11.2.9.4. Company Market Share Analysis
11.2.9.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.9.6. Strategy
11.2.9.7. SWOT Analysis
11.2.10. Foresters Financial
11.2.10.1. Business Overview
11.2.10.2. Products Offering
11.2.10.3. Financial Insights (Based on Availability)
11.2.10.4. Company Market Share Analysis
11.2.10.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.10.6. Strategy
11.2.10.7. SWOT Analysis
11.2.11. Lincoln Financial Group
11.2.11.1. Business Overview
11.2.11.2. Products Offering
11.2.11.3. Financial Insights (Based on Availability)
11.2.11.4. Company Market Share Analysis
11.2.11.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.11.6. Strategy
11.2.11.7. SWOT Analysis
11.2.12. John Hancock
11.2.12.1. Business Overview
11.2.12.2. Products Offering
11.2.12.3. Financial Insights (Based on Availability)
11.2.12.4. Company Market Share Analysis
11.2.12.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.12.6. Strategy
11.2.12.7. SWOT Analysis
11.2.13. American National Insurance
11.2.13.1. Business Overview
11.2.13.2. Products Offering
11.2.13.3. Financial Insights (Based on Availability)
11.2.13.4. Company Market Share Analysis
11.2.13.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.13.6. Strategy
11.2.13.7. SWOT Analysis
11.2.14. MassMutual
11.2.14.1. Business Overview
11.2.14.2. Products Offering
11.2.14.3. Financial Insights (Based on Availability)
11.2.14.4. Company Market Share Analysis
11.2.14.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.14.6. Strategy
11.2.14.7. SWOT Analysis
11.2.15. AIG
11.2.15.1. Business Overview
11.2.15.2. Products Offering
11.2.15.3. Financial Insights (Based on Availability)
11.2.15.4. Company Market Share Analysis
11.2.15.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.15.6. Strategy
11.2.15.7. SWOT Analysis
11.2.16. Northwestern Mutual
11.2.16.1. Business Overview
11.2.16.2. Products Offering
11.2.16.3. Financial Insights (Based on Availability)
11.2.16.4. Company Market Share Analysis
11.2.16.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.16.6. Strategy
11.2.16.7. SWOT Analysis

List of Figures

List of Tables

Table 1: Global Annuities Insurance Market Revenue (USD billion) Forecast, by Type, 2020-2035

Table 2: Global Annuities Insurance Market Revenue (USD billion) Forecast, by Distribution Channel, 2020-2035

Table 3: Global Annuities Insurance Market Revenue (USD billion) Forecast, by End User, 2020-2035

Table 4: Global Annuities Insurance Market Revenue (USD billion) Forecast, by Product Features, 2020-2035

Table 5: Global Annuities Insurance Market Revenue (USD billion) Forecast, by Region, 2020-2035

Table 6: North America Annuities Insurance Market Revenue (USD billion) Forecast, by Type, 2020-2035

Table 7: North America Annuities Insurance Market Revenue (USD billion) Forecast, by Distribution Channel, 2020-2035

Table 8: North America Annuities Insurance Market Revenue (USD billion) Forecast, by End User, 2020-2035

Table 9: North America Annuities Insurance Market Revenue (USD billion) Forecast, by Product Features, 2020-2035

Table 10: North America Annuities Insurance Market Revenue (USD billion) Forecast, by Country, 2020-2035

Table 11: Europe Annuities Insurance Market Revenue (USD billion) Forecast, by Type, 2020-2035

Table 12: Europe Annuities Insurance Market Revenue (USD billion) Forecast, by Distribution Channel, 2020-2035

Table 13: Europe Annuities Insurance Market Revenue (USD billion) Forecast, by End User, 2020-2035

Table 14: Europe Annuities Insurance Market Revenue (USD billion) Forecast, by Product Features, 2020-2035

Table 15: Europe Annuities Insurance Market Revenue (USD billion) Forecast, by Country/ Sub-region, 2020-2035

Table 16: Asia Pacific Annuities Insurance Market Revenue (USD billion) Forecast, by Type, 2020-2035

Table 17: Asia Pacific Annuities Insurance Market Revenue (USD billion) Forecast, by Distribution Channel, 2020-2035

Table 18: Asia Pacific Annuities Insurance Market Revenue (USD billion) Forecast, by End User, 2020-2035

Table 19: Asia Pacific Annuities Insurance Market Revenue (USD billion) Forecast, by Product Features, 2020-2035

Table 20: Asia Pacific Annuities Insurance Market Revenue (USD billion) Forecast, by Country/ Sub-region, 2020-2035

Table 21: Latin America Annuities Insurance Market Revenue (USD billion) Forecast, by Type, 2020-2035

Table 22: Latin America Annuities Insurance Market Revenue (USD billion) Forecast, by Distribution Channel, 2020-2035

Table 23: Latin America Annuities Insurance Market Revenue (USD billion) Forecast, by End User, 2020-2035

Table 24: Latin America Annuities Insurance Market Revenue (USD billion) Forecast, by Product Features, 2020-2035

Table 25: Latin America Annuities Insurance Market Revenue (USD billion) Forecast, by Country/ Sub-region, 2020-2035

Table 26: Middle East & Africa Annuities Insurance Market Revenue (USD billion) Forecast, by Type, 2020-2035

Table 27: Middle East & Africa Annuities Insurance Market Revenue (USD billion) Forecast, by Distribution Channel, 2020-2035

Table 28: Middle East & Africa Annuities Insurance Market Revenue (USD billion) Forecast, by End User, 2020-2035

Table 29: Middle East & Africa Annuities Insurance Market Revenue (USD billion) Forecast, by Product Features, 2020-2035

Table 30: Middle East & Africa Annuities Insurance Market Revenue (USD billion) Forecast, by Country/ Sub-region, 2020-2035

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