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Story perspectives

Life Insurance Industry Struggles Amid Economic Shifts

9/18/2025

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Story summary
  • The life insurance industry faces challenges from demographic shifts and economic uncertainties.
  • Individual life insurance assets have decreased by 23% over the past 15 years.
  • Global life insurance premiums are expected to grow at just 0.9% annually until 2040.
  • Engaging consumers under 40 is essential, emphasizing "insurance for living."
  • Economic factors like inflation and interest rates impact product development and consumer behavior.