Global Universal Life Insurance Market Research Report 2023

Universal life insurance is a type of cash value life insurance, under the terms of the policy, the excess of premium payments above the current cost of insurance is credited to the cash value of the policy, which is credited each month with interest. 

The global Universal Life Insurance market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

North American market for Universal Life Insurance is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.

Asia-Pacific market for Universal Life Insurance is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.

The global market for Universal Life Insurance in Agency is estimated to increase from $ million in 2023 to $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.

The key global companies of Universal Life Insurance include Allianz, AXA, Generali, Ping An Insurance, China Life Insurance, Prudential PLC, Munich Re, Zurich Insurance and Nippon Life Insurance, etc. In 2022, the world's top three vendors accounted for approximately % of the revenue.

This report aims to provide a comprehensive presentation of the global market for Universal Life Insurance, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Universal Life Insurance.

The Universal Life Insurance market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Universal Life Insurance market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Universal Life Insurance companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.

1.1 Study Scope

1.2 Market Analysis by Type

1.2.1 Global Universal Life Insurance Market Size Growth Rate by Type: 2018 VS 2022 VS 2029

1.2.2 Flexible Premium Insurance

1.2.3 Fixed Premium Insurance

1.2.4 Single Premium Insurance

1.3 Market by Application

1.3.1 Global Universal Life Insurance Market Growth by Application: 2018 VS 2022 VS 2029

1.3.2 Agency

1.3.3 Brokers

1.3.4 Bancassurance

1.3.5 Digital and Direct Channels

1.4 Study Objectives

1.5 Years Considered

1.6 Years Considered

2.1 Global Universal Life Insurance Market Perspective (2018-2029)

2.2 Universal Life Insurance Growth Trends by Region

2.2.1 Global Universal Life Insurance Market Size by Region: 2018 VS 2022 VS 2029

2.2.2 Universal Life Insurance Historic Market Size by Region (2018-2023)

2.2.3 Universal Life Insurance Forecasted Market Size by Region (2024-2029)

2.3 Universal Life Insurance Market Dynamics

2.3.1 Universal Life Insurance Industry Trends

2.3.2 Universal Life Insurance Market Drivers

2.3.3 Universal Life Insurance Market Challenges

2.3.4 Universal Life Insurance Market Restraints

3.1 Global Top Universal Life Insurance Players by Revenue

3.1.1 Global Top Universal Life Insurance Players by Revenue (2018-2023)

3.1.2 Global Universal Life Insurance Revenue Market Share by Players (2018-2023)

3.2 Global Universal Life Insurance Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

3.3 Players Covered: Ranking by Universal Life Insurance Revenue

3.4 Global Universal Life Insurance Market Concentration Ratio

3.4.1 Global Universal Life Insurance Market Concentration Ratio (CR5 and HHI)

3.4.2 Global Top 10 and Top 5 Companies by Universal Life Insurance Revenue in 2022

3.5 Universal Life Insurance Key Players Head office and Area Served

3.6 Key Players Universal Life Insurance Product Solution and Service

3.7 Date of Enter into Universal Life Insurance Market

3.8 Mergers & Acquisitions, Expansion Plans

4.1 Global Universal Life Insurance Historic Market Size by Type (2018-2023)

4.2 Global Universal Life Insurance Forecasted Market Size by Type (2024-2029)

5.1 Global Universal Life Insurance Historic Market Size by Application (2018-2023)

5.2 Global Universal Life Insurance Forecasted Market Size by Application (2024-2029)

6.1 North America Universal Life Insurance Market Size (2018-2029)

6.2 North America Universal Life Insurance Market Growth Rate by Country: 2018 VS 2022 VS 2029

6.3 North America Universal Life Insurance Market Size by Country (2018-2023)

6.4 North America Universal Life Insurance Market Size by Country (2024-2029)

6.5 United States

6.6 Canada

7.1 Europe Universal Life Insurance Market Size (2018-2029)

7.2 Europe Universal Life Insurance Market Growth Rate by Country: 2018 VS 2022 VS 2029

7.3 Europe Universal Life Insurance Market Size by Country (2018-2023)

7.4 Europe Universal Life Insurance Market Size by Country (2024-2029)

7.5 Germany

7.6 France

7.7 U.K.

7.8 Italy

7.9 Russia

7.10 Nordic Countries

8.1 Asia-Pacific Universal Life Insurance Market Size (2018-2029)

8.2 Asia-Pacific Universal Life Insurance Market Growth Rate by Region: 2018 VS 2022 VS 2029

8.3 Asia-Pacific Universal Life Insurance Market Size by Region (2018-2023)

8.4 Asia-Pacific Universal Life Insurance Market Size by Region (2024-2029)

8.5 China

8.6 Japan

8.7 South Korea

8.8 Southeast Asia

8.9 India

8.10 Australia

9.1 Latin America Universal Life Insurance Market Size (2018-2029)

9.2 Latin America Universal Life Insurance Market Growth Rate by Country: 2018 VS 2022 VS 2029

9.3 Latin America Universal Life Insurance Market Size by Country (2018-2023)

9.4 Latin America Universal Life Insurance Market Size by Country (2024-2029)

9.5 Mexico

9.6 Brazil

10.1 Middle East & Africa Universal Life Insurance Market Size (2018-2029)

10.2 Middle East & Africa Universal Life Insurance Market Growth Rate by Country: 2018 VS 2022 VS 2029

10.3 Middle East & Africa Universal Life Insurance Market Size by Country (2018-2023)

10.4 Middle East & Africa Universal Life Insurance Market Size by Country (2024-2029)

10.5 Turkey

10.6 Saudi Arabia

10.7 UAE

11.1 Allianz

11.1.1 Allianz Company Detail

11.1.2 Allianz Business Overview

11.1.3 Allianz Universal Life Insurance Introduction

11.1.4 Allianz Revenue in Universal Life Insurance Business (2018-2023)

11.1.5 Allianz Recent Development

11.2 AXA

11.2.1 AXA Company Detail

11.2.2 AXA Business Overview

11.2.3 AXA Universal Life Insurance Introduction

11.2.4 AXA Revenue in Universal Life Insurance Business (2018-2023)

11.2.5 AXA Recent Development

11.3 Generali

11.3.1 Generali Company Detail

11.3.2 Generali Business Overview

11.3.3 Generali Universal Life Insurance Introduction

11.3.4 Generali Revenue in Universal Life Insurance Business (2018-2023)

11.3.5 Generali Recent Development

11.4 Ping An Insurance

11.4.1 Ping An Insurance Company Detail

11.4.2 Ping An Insurance Business Overview

11.4.3 Ping An Insurance Universal Life Insurance Introduction

11.4.4 Ping An Insurance Revenue in Universal Life Insurance Business (2018-2023)

11.4.5 Ping An Insurance Recent Development

11.5 China Life Insurance

11.5.1 China Life Insurance Company Detail

11.5.2 China Life Insurance Business Overview

11.5.3 China Life Insurance Universal Life Insurance Introduction

11.5.4 China Life Insurance Revenue in Universal Life Insurance Business (2018-2023)

11.5.5 China Life Insurance Recent Development

11.6 Prudential PLC

11.6.1 Prudential PLC Company Detail

11.6.2 Prudential PLC Business Overview

11.6.3 Prudential PLC Universal Life Insurance Introduction

11.6.4 Prudential PLC Revenue in Universal Life Insurance Business (2018-2023)

11.6.5 Prudential PLC Recent Development

11.7 Munich Re

11.7.1 Munich Re Company Detail

11.7.2 Munich Re Business Overview

11.7.3 Munich Re Universal Life Insurance Introduction

11.7.4 Munich Re Revenue in Universal Life Insurance Business (2018-2023)

11.7.5 Munich Re Recent Development

11.8 Zurich Insurance

11.8.1 Zurich Insurance Company Detail

11.8.2 Zurich Insurance Business Overview

11.8.3 Zurich Insurance Universal Life Insurance Introduction

11.8.4 Zurich Insurance Revenue in Universal Life Insurance Business (2018-2023)

11.8.5 Zurich Insurance Recent Development

11.9 Nippon Life Insurance

11.9.1 Nippon Life Insurance Company Detail

11.9.2 Nippon Life Insurance Business Overview

11.9.3 Nippon Life Insurance Universal Life Insurance Introduction

11.9.4 Nippon Life Insurance Revenue in Universal Life Insurance Business (2018-2023)

11.9.5 Nippon Life Insurance Recent Development

11.10 Japan Post Holdings

11.10.1 Japan Post Holdings Company Detail

11.10.2 Japan Post Holdings Business Overview

11.10.3 Japan Post Holdings Universal Life Insurance Introduction

11.10.4 Japan Post Holdings Revenue in Universal Life Insurance Business (2018-2023)

11.10.5 Japan Post Holdings Recent Development

11.11 Berkshire Hathaway

11.11.1 Berkshire Hathaway Company Detail

11.11.2 Berkshire Hathaway Business Overview

11.11.3 Berkshire Hathaway Universal Life Insurance Introduction

11.11.4 Berkshire Hathaway Revenue in Universal Life Insurance Business (2018-2023)

11.11.5 Berkshire Hathaway Recent Development

11.12 Metlife

11.12.1 Metlife Company Detail

11.12.2 Metlife Business Overview

11.12.3 Metlife Universal Life Insurance Introduction

11.12.4 Metlife Revenue in Universal Life Insurance Business (2018-2023)

11.12.5 Metlife Recent Development

11.13 Manulife Financial

11.13.1 Manulife Financial Company Detail

11.13.2 Manulife Financial Business Overview

11.13.3 Manulife Financial Universal Life Insurance Introduction

11.13.4 Manulife Financial Revenue in Universal Life Insurance Business (2018-2023)

11.13.5 Manulife Financial Recent Development

11.14 CPIC

11.14.1 CPIC Company Detail

11.14.2 CPIC Business Overview

11.14.3 CPIC Universal Life Insurance Introduction

11.14.4 CPIC Revenue in Universal Life Insurance Business (2018-2023)

11.14.5 CPIC Recent Development

11.15 Chubb

11.15.1 Chubb Company Detail

11.15.2 Chubb Business Overview

11.15.3 Chubb Universal Life Insurance Introduction

11.15.4 Chubb Revenue in Universal Life Insurance Business (2018-2023)

11.15.5 Chubb Recent Development

11.16 AIG

11.16.1 AIG Company Detail

11.16.2 AIG Business Overview

11.16.3 AIG Universal Life Insurance Introduction

11.16.4 AIG Revenue in Universal Life Insurance Business (2018-2023)

11.16.5 AIG Recent Development

11.17 Aviva

11.17.1 Aviva Company Detail

11.17.2 Aviva Business Overview

11.17.3 Aviva Universal Life Insurance Introduction

11.17.4 Aviva Revenue in Universal Life Insurance Business (2018-2023)

11.17.5 Aviva Recent Development

11.18 Allstate

11.18.1 Allstate Company Detail

11.18.2 Allstate Business Overview

11.18.3 Allstate Universal Life Insurance Introduction

11.18.4 Allstate Revenue in Universal Life Insurance Business (2018-2023)

11.18.5 Allstate Recent Development

11.19 Swiss RE

11.19.1 Swiss RE Company Detail

11.19.2 Swiss RE Business Overview

11.19.3 Swiss RE Universal Life Insurance Introduction

11.19.4 Swiss RE Revenue in Universal Life Insurance Business (2018-2023)

11.19.5 Swiss RE Recent Development

11.20 Prudential Financial

11.20.1 Prudential Financial Company Detail

11.20.2 Prudential Financial Business Overview

11.20.3 Prudential Financial Universal Life Insurance Introduction

11.20.4 Prudential Financial Revenue in Universal Life Insurance Business (2018-2023)

11.20.5 Prudential Financial Recent Development

11.21 Travelers

11.21.1 Travelers Company Detail

11.21.2 Travelers Business Overview

11.21.3 Travelers Universal Life Insurance Introduction

11.21.4 Travelers Revenue in Universal Life Insurance Business (2018-2023)

11.21.5 Travelers Recent Development

11.22 AIA

11.22.1 AIA Company Detail

11.22.2 AIA Business Overview

11.22.3 AIA Universal Life Insurance Introduction

11.22.4 AIA Revenue in Universal Life Insurance Business (2018-2023)

11.22.5 AIA Recent Development

11.23 Aflac

11.23.1 Aflac Company Detail

11.23.2 Aflac Business Overview

11.23.3 Aflac Universal Life Insurance Introduction

11.23.4 Aflac Revenue in Universal Life Insurance Business (2018-2023)

11.23.5 Aflac Recent Development

11.24 Legal and General

11.24.1 Legal and General Company Detail

11.24.2 Legal and General Business Overview

11.24.3 Legal and General Universal Life Insurance Introduction

11.24.4 Legal and General Revenue in Universal Life Insurance Business (2018-2023)

11.24.5 Legal and General Recent Development

13.1 Research Methodology

13.1.1 Methodology/Research Approach

13.1.2 Data Source

13.2 Disclaimer

13.3 Author Details

List of Tables

    Table 1. Global Universal Life Insurance Market Size Growth Rate by Type (US$ Million): 2018 VS 2022 VS 2029

    Table 2. Key Players of Flexible Premium Insurance

    Table 3. Key Players of Fixed Premium Insurance

    Table 4. Key Players of Single Premium Insurance

    Table 5. Global Universal Life Insurance Market Size Growth by Application (US$ Million): 2018 VS 2022 VS 2029

    Table 6. Global Universal Life Insurance Market Size by Region (US$ Million): 2018 VS 2022 VS 2029

    Table 7. Global Universal Life Insurance Market Size by Region (2018-2023) & (US$ Million)

    Table 8. Global Universal Life Insurance Market Share by Region (2018-2023)

    Table 9. Global Universal Life Insurance Forecasted Market Size by Region (2024-2029) & (US$ Million)

    Table 10. Global Universal Life Insurance Market Share by Region (2024-2029)

    Table 11. Universal Life Insurance Market Trends

    Table 12. Universal Life Insurance Market Drivers

    Table 13. Universal Life Insurance Market Challenges

    Table 14. Universal Life Insurance Market Restraints

    Table 15. Global Universal Life Insurance Revenue by Players (2018-2023) & (US$ Million)

    Table 16. Global Universal Life Insurance Market Share by Players (2018-2023)

    Table 17. Global Top Universal Life Insurance Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Universal Life Insurance as of 2022)

    Table 18. Ranking of Global Top Universal Life Insurance Companies by Revenue (US$ Million) in 2022

    Table 19. Global 5 Largest Players Market Share by Universal Life Insurance Revenue (CR5 and HHI) & (2018-2023)

    Table 20. Key Players Headquarters and Area Served

    Table 21. Key Players Universal Life Insurance Product Solution and Service

    Table 22. Date of Enter into Universal Life Insurance Market

    Table 23. Mergers & Acquisitions, Expansion Plans

    Table 24. Global Universal Life Insurance Market Size by Type (2018-2023) & (US$ Million)

    Table 25. Global Universal Life Insurance Revenue Market Share by Type (2018-2023)

    Table 26. Global Universal Life Insurance Forecasted Market Size by Type (2024-2029) & (US$ Million)

    Table 27. Global Universal Life Insurance Revenue Market Share by Type (2024-2029)

    Table 28. Global Universal Life Insurance Market Size by Application (2018-2023) & (US$ Million)

    Table 29. Global Universal Life Insurance Revenue Market Share by Application (2018-2023)

    Table 30. Global Universal Life Insurance Forecasted Market Size by Application (2024-2029) & (US$ Million)

    Table 31. Global Universal Life Insurance Revenue Market Share by Application (2024-2029)

    Table 32. North America Universal Life Insurance Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 33. North America Universal Life Insurance Market Size by Country (2018-2023) & (US$ Million)

    Table 34. North America Universal Life Insurance Market Size by Country (2024-2029) & (US$ Million)

    Table 35. Europe Universal Life Insurance Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 36. Europe Universal Life Insurance Market Size by Country (2018-2023) & (US$ Million)

    Table 37. Europe Universal Life Insurance Market Size by Country (2024-2029) & (US$ Million)

    Table 38. Asia-Pacific Universal Life Insurance Market Size Growth Rate by Region (US$ Million): 2018 VS 2022 VS 2029

    Table 39. Asia-Pacific Universal Life Insurance Market Size by Region (2018-2023) & (US$ Million)

    Table 40. Asia-Pacific Universal Life Insurance Market Size by Region (2024-2029) & (US$ Million)

    Table 41. Latin America Universal Life Insurance Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 42. Latin America Universal Life Insurance Market Size by Country (2018-2023) & (US$ Million)

    Table 43. Latin America Universal Life Insurance Market Size by Country (2024-2029) & (US$ Million)

    Table 44. Middle East & Africa Universal Life Insurance Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 45. Middle East & Africa Universal Life Insurance Market Size by Country (2018-2023) & (US$ Million)

    Table 46. Middle East & Africa Universal Life Insurance Market Size by Country (2024-2029) & (US$ Million)

    Table 47. Allianz Company Detail

    Table 48. Allianz Business Overview

    Table 49. Allianz Universal Life Insurance Product

    Table 50. Allianz Revenue in Universal Life Insurance Business (2018-2023) & (US$ Million)

    Table 51. Allianz Recent Development

    Table 52. AXA Company Detail

    Table 53. AXA Business Overview

    Table 54. AXA Universal Life Insurance Product

    Table 55. AXA Revenue in Universal Life Insurance Business (2018-2023) & (US$ Million)

    Table 56. AXA Recent Development

    Table 57. Generali Company Detail

    Table 58. Generali Business Overview

    Table 59. Generali Universal Life Insurance Product

    Table 60. Generali Revenue in Universal Life Insurance Business (2018-2023) & (US$ Million)

    Table 61. Generali Recent Development

    Table 62. Ping An Insurance Company Detail

    Table 63. Ping An Insurance Business Overview

    Table 64. Ping An Insurance Universal Life Insurance Product

    Table 65. Ping An Insurance Revenue in Universal Life Insurance Business (2018-2023) & (US$ Million)

    Table 66. Ping An Insurance Recent Development

    Table 67. China Life Insurance Company Detail

    Table 68. China Life Insurance Business Overview

    Table 69. China Life Insurance Universal Life Insurance Product

    Table 70. China Life Insurance Revenue in Universal Life Insurance Business (2018-2023) & (US$ Million)

    Table 71. China Life Insurance Recent Development

    Table 72. Prudential PLC Company Detail

    Table 73. Prudential PLC Business Overview

    Table 74. Prudential PLC Universal Life Insurance Product

    Table 75. Prudential PLC Revenue in Universal Life Insurance Business (2018-2023) & (US$ Million)

    Table 76. Prudential PLC Recent Development

    Table 77. Munich Re Company Detail

    Table 78. Munich Re Business Overview

    Table 79. Munich Re Universal Life Insurance Product

    Table 80. Munich Re Revenue in Universal Life Insurance Business (2018-2023) & (US$ Million)

    Table 81. Munich Re Recent Development

    Table 82. Zurich Insurance Company Detail

    Table 83. Zurich Insurance Business Overview

    Table 84. Zurich Insurance Universal Life Insurance Product

    Table 85. Zurich Insurance Revenue in Universal Life Insurance Business (2018-2023) & (US$ Million)

    Table 86. Zurich Insurance Recent Development

    Table 87. Nippon Life Insurance Company Detail

    Table 88. Nippon Life Insurance Business Overview

    Table 89. Nippon Life Insurance Universal Life Insurance Product

    Table 90. Nippon Life Insurance Revenue in Universal Life Insurance Business (2018-2023) & (US$ Million)

    Table 91. Nippon Life Insurance Recent Development

    Table 92. Japan Post Holdings Company Detail

    Table 93. Japan Post Holdings Business Overview

    Table 94. Japan Post Holdings Universal Life Insurance Product

    Table 95. Japan Post Holdings Revenue in Universal Life Insurance Business (2018-2023) & (US$ Million)

    Table 96. Japan Post Holdings Recent Development

    Table 97. Berkshire Hathaway Company Detail

    Table 98. Berkshire Hathaway Business Overview

    Table 99. Berkshire Hathaway Universal Life Insurance Product

    Table 100. Berkshire Hathaway Revenue in Universal Life Insurance Business (2018-2023) & (US$ Million)

    Table 101. Berkshire Hathaway Recent Development

    Table 102. Metlife Company Detail

    Table 103. Metlife Business Overview

    Table 104. Metlife Universal Life Insurance Product

    Table 105. Metlife Revenue in Universal Life Insurance Business (2018-2023) & (US$ Million)

    Table 106. Metlife Recent Development

    Table 107. Manulife Financial Company Detail

    Table 108. Manulife Financial Business Overview

    Table 109. Manulife Financial Universal Life Insurance Product

    Table 110. Manulife Financial Revenue in Universal Life Insurance Business (2018-2023) & (US$ Million)

    Table 111. Manulife Financial Recent Development

    Table 112. CPIC Company Detail

    Table 113. CPIC Business Overview

    Table 114. CPIC Universal Life Insurance Product

    Table 115. CPIC Revenue in Universal Life Insurance Business (2018-2023) & (US$ Million)

    Table 116. CPIC Recent Development

    Table 117. Chubb Company Detail

    Table 118. Chubb Business Overview

    Table 119. Chubb Universal Life Insurance Product

    Table 120. Chubb Revenue in Universal Life Insurance Business (2018-2023) & (US$ Million)

    Table 121. Chubb Recent Development

    Table 122. AIG Company Detail

    Table 123. AIG Business Overview

    Table 124. AIG Universal Life Insurance Product

    Table 125. AIG Revenue in Universal Life Insurance Business (2018-2023) & (US$ Million)

    Table 126. AIG Recent Development

    Table 127. Aviva Company Detail

    Table 128. Aviva Business Overview

    Table 129. Aviva Universal Life Insurance Product

    Table 130. Aviva Revenue in Universal Life Insurance Business (2018-2023) & (US$ Million)

    Table 131. Aviva Recent Development

    Table 132. Allstate Company Detail

    Table 133. Allstate Business Overview

    Table 134. Allstate Universal Life Insurance Product

    Table 135. Allstate Revenue in Universal Life Insurance Business (2018-2023) & (US$ Million)

    Table 136. Allstate Recent Development

    Table 137. Swiss RE Company Detail

    Table 138. Swiss RE Business Overview

    Table 139. Swiss RE Universal Life Insurance Product

    Table 140. Swiss RE Revenue in Universal Life Insurance Business (2018-2023) & (US$ Million)

    Table 141. Swiss RE Recent Development

    Table 142. Prudential Financial Company Detail

    Table 143. Prudential Financial Business Overview

    Table 144. Prudential Financial Universal Life Insurance Product

    Table 145. Prudential Financial Revenue in Universal Life Insurance Business (2018-2023) & (US$ Million)

    Table 146. Prudential Financial Recent Development

    Table 147. Travelers Company Detail

    Table 148. Travelers Business Overview

    Table 149. Travelers Universal Life Insurance Product

    Table 150. Travelers Revenue in Universal Life Insurance Business (2018-2023) & (US$ Million)

    Table 151. Travelers Recent Development

    Table 152. AIA Company Detail

    Table 153. AIA Business Overview

    Table 154. AIA Universal Life Insurance Product

    Table 155. AIA Revenue in Universal Life Insurance Business (2018-2023) & (US$ Million)

    Table 156. AIA Recent Development

    Table 157. Aflac Company Detail

    Table 158. Aflac Business Overview

    Table 159. Aflac Universal Life Insurance Product

    Table 160. Aflac Revenue in Universal Life Insurance Business (2018-2023) & (US$ Million)

    Table 161. Aflac Recent Development

    Table 162. Legal and General Company Detail

    Table 163. Legal and General Business Overview

    Table 164. Legal and General Universal Life Insurance Product

    Table 165. Legal and General Revenue in Universal Life Insurance Business (2018-2023) & (US$ Million)

    Table 166. Legal and General Recent Development

    Table 167. Research Programs/Design for This Report

    Table 168. Key Data Information from Secondary Sources

    Table 169. Key Data Information from Primary Sources

List of Figures

    Figure 1. Global Universal Life Insurance Market Size Comparison by Type (2023-2029) & (US$ Million)

    Figure 2. Global Universal Life Insurance Market Share by Type: 2022 VS 2029

    Figure 3. Flexible Premium Insurance Features

    Figure 4. Fixed Premium Insurance Features

    Figure 5. Single Premium Insurance Features

    Figure 6. Global Universal Life Insurance Market Size Comparison by Application (2023-2029) & (US$ Million)

    Figure 7. Global Universal Life Insurance Market Share by Application: 2022 VS 2029

    Figure 8. Agency Case Studies

    Figure 9. Brokers Case Studies

    Figure 10. Bancassurance Case Studies

    Figure 11. Digital and Direct Channels Case Studies

    Figure 12. Universal Life Insurance Report Years Considered

    Figure 13. Global Universal Life Insurance Market Size (US$ Million), Year-over-Year: 2018-2029

    Figure 14. Global Universal Life Insurance Market Size, (US$ Million), 2018 VS 2022 VS 2029

    Figure 15. Global Universal Life Insurance Market Share by Region: 2022 VS 2029

    Figure 16. Global Universal Life Insurance Market Share by Players in 2022

    Figure 17. Global Top Universal Life Insurance Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Universal Life Insurance as of 2022)

    Figure 18. The Top 10 and 5 Players Market Share by Universal Life Insurance Revenue in 2022

    Figure 19. North America Universal Life Insurance Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 20. North America Universal Life Insurance Market Share by Country (2018-2029)

    Figure 21. United States Universal Life Insurance Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 22. Canada Universal Life Insurance Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 23. Europe Universal Life Insurance Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 24. Europe Universal Life Insurance Market Share by Country (2018-2029)

    Figure 25. Germany Universal Life Insurance Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 26. France Universal Life Insurance Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 27. U.K. Universal Life Insurance Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 28. Italy Universal Life Insurance Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 29. Russia Universal Life Insurance Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 30. Nordic Countries Universal Life Insurance Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 31. Asia-Pacific Universal Life Insurance Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 32. Asia-Pacific Universal Life Insurance Market Share by Region (2018-2029)

    Figure 33. China Universal Life Insurance Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 34. Japan Universal Life Insurance Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 35. South Korea Universal Life Insurance Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 36. Southeast Asia Universal Life Insurance Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 37. India Universal Life Insurance Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 38. Australia Universal Life Insurance Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 39. Latin America Universal Life Insurance Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 40. Latin America Universal Life Insurance Market Share by Country (2018-2029)

    Figure 41. Mexico Universal Life Insurance Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 42. Brazil Universal Life Insurance Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 43. Middle East & Africa Universal Life Insurance Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 44. Middle East & Africa Universal Life Insurance Market Share by Country (2018-2029)

    Figure 45. Turkey Universal Life Insurance Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 46. Saudi Arabia Universal Life Insurance Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 47. Allianz Revenue Growth Rate in Universal Life Insurance Business (2018-2023)

    Figure 48. AXA Revenue Growth Rate in Universal Life Insurance Business (2018-2023)

    Figure 49. Generali Revenue Growth Rate in Universal Life Insurance Business (2018-2023)

    Figure 50. Ping An Insurance Revenue Growth Rate in Universal Life Insurance Business (2018-2023)

    Figure 51. China Life Insurance Revenue Growth Rate in Universal Life Insurance Business (2018-2023)

    Figure 52. Prudential PLC Revenue Growth Rate in Universal Life Insurance Business (2018-2023)

    Figure 53. Munich Re Revenue Growth Rate in Universal Life Insurance Business (2018-2023)

    Figure 54. Zurich Insurance Revenue Growth Rate in Universal Life Insurance Business (2018-2023)

    Figure 55. Nippon Life Insurance Revenue Growth Rate in Universal Life Insurance Business (2018-2023)

    Figure 56. Japan Post Holdings Revenue Growth Rate in Universal Life Insurance Business (2018-2023)

    Figure 57. Berkshire Hathaway Revenue Growth Rate in Universal Life Insurance Business (2018-2023)

    Figure 58. Metlife Revenue Growth Rate in Universal Life Insurance Business (2018-2023)

    Figure 59. Manulife Financial Revenue Growth Rate in Universal Life Insurance Business (2018-2023)

    Figure 60. CPIC Revenue Growth Rate in Universal Life Insurance Business (2018-2023)

    Figure 61. Chubb Revenue Growth Rate in Universal Life Insurance Business (2018-2023)

    Figure 62. AIG Revenue Growth Rate in Universal Life Insurance Business (2018-2023)

    Figure 63. Aviva Revenue Growth Rate in Universal Life Insurance Business (2018-2023)

    Figure 64. Allstate Revenue Growth Rate in Universal Life Insurance Business (2018-2023)

    Figure 65. Swiss RE Revenue Growth Rate in Universal Life Insurance Business (2018-2023)

    Figure 66. Prudential Financial Revenue Growth Rate in Universal Life Insurance Business (2018-2023)

    Figure 67. Travelers Revenue Growth Rate in Universal Life Insurance Business (2018-2023)

    Figure 68. AIA Revenue Growth Rate in Universal Life Insurance Business (2018-2023)

    Figure 69. Aflac Revenue Growth Rate in Universal Life Insurance Business (2018-2023)

    Figure 70. Legal and General Revenue Growth Rate in Universal Life Insurance Business (2018-2023)

    Figure 71. Bottom-up and Top-down Approaches for This Report

    Figure 72. Data Triangulation

    Figure 73. Key Executives Interviewed