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The U.S. insurance and annuity market is stable, driven by increasing demand for retirement planning solutions and healthcare coverage. Digital transformation and AI integration are key trends, enhancing product delivery and customer experience. Regulatory changes and economic shifts continue to influence market dynamics, with a focus on risk management and financial stability. Growth is seen in specialized areas like preneed and Medicare supplements.
Total Assets Under Management (AUM)
Total Premiums Written in United States
~Approximately $1.3 trillion (2022, NAIC)
(3.5% CAGR)
Growth driven by:
* Increased demand for life insurance and annuities.
* Higher property and casualty premiums.
* Economic recovery and rising interest rates.
1.4 trillion USD