140 The global insurance market is anticipated to expand significantly, with projections indicating a market size of $10288.43 billion by 2028, according to the latest report from The Business Research Company. The report, titled “Insurance Global Market Report 2024,” offers a comprehensive analysis of various aspects of the insurance market, providing valuable insights into its trends and dynamics. It forecasts a compound annual growth rate (CAGR) of 7.2% leading up to 2028. One of the key factors driving this growth is the increasing aging population, which is expected to contribute to the rising demand for insurance products and services worldwide. The North America region is poised to dominate the insurance market share. Several major players are identified within the insurance market, including Berkshire Hathaway Inc., Centene, Anthem Inc., Allianz Group, Axa Group, Assicurazioni Generali S.p.A., Humana, and State Farm Mutual Automobile Insurance Company. With such promising growth prospects and the presence of established industry players, the global insurance market is set to witness significant expansion in the coming years, presenting lucrative opportunities for investors and stakeholders alike. You Might Be Interested In Salesforce Stock Surges on Strong Earnings and AI Integration Plans Cigna to Provide Humira Alternatives with $0 Copay at Specialty Pharmacy Aetna to Cover Fertility Treatments for LGBTQ Individuals as Part of Court Settlement British ISA Plan Met with Skepticism as Budget Unveils Targeted Equity Boost UnitedHealthcare Grants $200,000 to Support Youth in North Carolina Vietnam’s Top 5 E-commerce Platforms Expected to Generate Total Revenue of $12.4 Billion
