The global life insurance market reached its all-time peak in 2021 before contracting in 2022. In 2023, total direct premiums in the life insurance industry amounted to approximately
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trillion U.S. dollars, a slight increase compared to the previous year. Nevertheless, total direct premiums written in the global life insurance industry more than doubled between 2006 and 2023.
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Total direct premiums written in the life insurance industry worldwide from 1980 to 2023
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Insurance Information Institute. (July 14, 2025). Total direct premiums written in the life insurance industry worldwide from 1980 to 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2025, from https://www.statista.com/statistics/1253723/life-insurance-total-direct-premiums-written-worldwide/
Insurance Information Institute. "Total direct premiums written in the life insurance industry worldwide from 1980 to 2023 (in billion U.S. dollars)." Chart. July 14, 2025. Statista. Accessed July 22, 2025. https://www.statista.com/statistics/1253723/life-insurance-total-direct-premiums-written-worldwide/
Insurance Information Institute. (2025). Total direct premiums written in the life insurance industry worldwide from 1980 to 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2025. https://www.statista.com/statistics/1253723/life-insurance-total-direct-premiums-written-worldwide/
Insurance Information Institute. "Total Direct Premiums Written in The Life Insurance Industry Worldwide from 1980 to 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 14 Jul 2025, https://www.statista.com/statistics/1253723/life-insurance-total-direct-premiums-written-worldwide/
Insurance Information Institute, Total direct premiums written in the life insurance industry worldwide from 1980 to 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1253723/life-insurance-total-direct-premiums-written-worldwide/ (last visited July 22, 2025)
Total direct premiums written in the life insurance industry worldwide from 1980 to 2023 (in billion U.S. dollars) [Graph], Insurance Information Institute, July 14, 2025. [Online]. Available: https://www.statista.com/statistics/1253723/life-insurance-total-direct-premiums-written-worldwide/
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