Global Group Life Insurance Market Size, Trends, and Strategic Outlook 2025-2032

Tue, 25 Nov 2025 06:36:38 +0000

The Group Life Insurance industry is witnessing robust growth driven by rising employee benefits adoption and regulatory changes enhancing coverage mandates. Increasing corporate focus on workforce welfare and social security is catalyzing business growth, complemented by evolving market dynamics favoring digital distribution channels and enhanced product customization.Market Size and OverviewThe group life insurance market is estimated to be valued at USD 164.71 Bn in 2025 and is expected to reach USD 337.67 Bn by 2032. It is projected to grow at a compound annual growth rate (CAGR) of 10.8% from 2025 to 2032.