The life and non-life insurance market is projected to reach $12,613.7 billion by 2030, growing at a 5.4% CAGR. Growth drivers include rising demand for hybrid insurance products, increased use of insurtech platforms, and expansion in health and motor insurance. Key trends include digital distribution, personalized options, usage-based models, AI in risk assessment, and enhanced customer experience.
The life and non-life insurance market is projected to reach $12,613.7 billion by 2030, growing
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