Variable Universal Life Insurance Market Insights Video

According to Cognitive Market Research, the Global Variable Universal Life Insurance Market size was USD 125415.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 7.00% from 2024 to 2031.

• North America held the major market share for more than 40% of the global revenue with a market size of USD 50166.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2031.
• Europe accounted for a market share of over 30% of the global revenue with a market size of USD 37624.56 million.
• Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 28845.50 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.0% from 2024 to 2031.
• Latin America had a market share of more than 5% of the global revenue with a market size of USD 6270.76 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.4% from 2024 to 2031.
• Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 2508.30 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.7% from 2024 to 2031.
• The Guaranteed Universal Life Insurance is the fastest growing segment of the Global Variable Universal Life Insurance Market.