Kathmandu. The global financial management insurance market is expected to grow steadily over the next few years. It is expected to increase from $5.47 billion in 2025 to $7.16 billion by 2029.
According to The Business Research Company, this insurance market represents a compound annual growth rate of 7%. In 2024, the market was valued at $45.09 billion and grew at a rate of 7.3%. This is supported by a growing demand for retirement plan products, a growing awareness of financial security, rising middle-class incomes, a wider insurance distribution channel, and government tax incentives.
Future growth is expected to be driven by comprehensive financial planning, flexible insurance policies, and a growing interest in integrated financial advisory services.
North America was the largest regional market in 2024. Asia Pacific is expected to experience the fastest growth during the forecast period.
