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Health Insurance Market to Reach $6.2 Trillion, Globally, by 2032 at 9.8% CAGR: Allied Market Research

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The global health insurance market is experiencing growth due to the rise in awareness of the benefits of health insurance in the rural areas and the development of personalized and customer-centric health insurance plans.

WILMINGTON, Del., Aug. 19, 2024 /PRNewswire/ — Allied Market Research published a report, titled, Health Insurance Market by Insurance Type (Disease Insurance and Medical Insurance), Coverage (Preferred Provider Organizations (PPOS), Point of Service (POS), Health Maintenance Organization (HMOS), and Exclusive Provider Organizations (EPOS)), End User (Group and Individual), Age Group (Senior Citizens, Adult and Minors), and Distribution Channel (Direct Sales, Brokers/Agent, Banks and Others): Global Opportunity Analysis and Industry Forecast, 2024-2032″. According to the report, the health insurance market was valued at $2.6 trillion in 2023, and is estimated to reach $6.2 trillion by 2032, growing at a CAGR of 9.8% from 2024 to 2032.

Get Your Sample Report & TOC Today:  https://www.alliedmarketresearch.com/request-sample/4338 

Prime Determinants of Growth

The aging population, growing prevalence of chronic diseases, and growing healthcare expenditures are the main factors influencing the growth of the health insurance market. Insurance is crucial for people and families to be able to afford the care they need due to the rising cost of healthcare. The need for complete health coverage is fueled by the need for ongoing treatment for chronic illnesses like diabetes and heart disorders. Furthermore, as the population ages, healthcare consumption increases, which increases the demand for insurance. Government programs and regulatory adjustments, such as the Affordable Care Act, which mandates coverage and increases access to insurance, also have a big impact. These factors together propel the health insurance market’s expansion and development.

Report Coverage and Details

Report Coverage

Details

Forecast Period

2024–2032

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Base Year

2023

Market Size in 2023

$2.6 trillion

Market Size in 2032

$6.2 trillion

CAGR

9.8 %

No. of Pages in Report

250

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Segments covered

Type, Coverage, End User, Age Group, Distribution Channel, and Region.

Drivers

  •  Rise in awareness of health insurance in rural area
  •  Improving claim management services

 

Opportunities

  •  Increase in medical treatment cost

 

Restraints

  •  Lack of knowledge about coverages included in health insurance policy

 

Get Your Sample Report & TOC Today:  https://www.alliedmarketresearch.com/request-for-customization/4338

Segment Highlights

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The global health insurance market is segmented based on type, coverage, end user, age group, and distribution channel. 

Based on type, the market is bifurcated into diseases insurance and medical insurance. The medical insurance segmented accounted for a higher share in 2023. 

Based on coverage, the market is segmented into Preferred Provider Organizations (PPOS), Point of Service (POS), Health Maintenance Organization (HMOS), and Exclusive Provider Organizations (EPOS) . The PPOS segmented accounted for the largest share in the market in 2023. 

Based on end user, the market is classified into groups and individuals. The groups segment accounted for the largest share in the market in 2023. 

Based on age group, the market is categorized into senior citizen, adult, and minor. The adult segment accounted for the largest share in 2023.

Based on distribution channel, the market is classified into direct sales, brokers/agents, banks, and others. The broker/agent segment accounted for the largest share in the global healthcare insurance market in 2023.

Regional Outlook

Based on region, the health insurance market is segmented into North America, Europe, Asia-Pacific, and LAMEA. North America accounted for the highest share in the global health insurance market in 2023. In both the public and commercial sectors, health insurance is now required for employees. The adult population has adopted health insurance at a higher rate as a result, which is anticipated to support the market’s expansion. Furthermore, the region’s health insurance market is growing due to a number of significant factors, including the rise in demand for employer-sponsored and individual health insurance as well as the overall growth in health spending, which includes both public and private program spending. Furthermore, the majority of people in the United States and Canada have health insurance policies since they provide a host of advantages, including paying for pre-hospitalization costs, covering medical expenses, and protection against serious illnesses. These factors are contributing to the growth of the North America health insurance market. 

Players: –

  • UnitedHealth Group
  • Aviva
  • Cigna
  • Allianz
  • Aetna Inc
  • AIA Group Limited
  • Ping An Insurance (Group) Company of China, Ltd
  • Assicurazioni Generali S.P.A
  • AXA
  • ZURICH

The report provides a detailed analysis of these key vendors in the global health insurance market. These players have adopted different strategies such as new development, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, portfolio, and strategic moves of market vendors to showcase the competitive scenario. 

Recent Development

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  • In December 2023, Aditya Birla health insurance announced the launch of its new product called ActiveOne. The product offers 100% health returns, which enables its customers to get back the whole premium on a stipulated date as agreed on the time the insurance was taken.
  • In March 2024, Future Generali India Insurance Company (FGII) announced the launch of its new women’s health insurance plan. The plan is expected to cater to woman health needs in different stages of women’s life stages.

Key Benefits for Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the health insurance market analysis from 2024 to 2032 to identify the prevailing health insurance market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the health insurance market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global health insurance market trends, key players, market segments, application areas, and market growth strategies.

Get More Information Before Buying:  https://www.alliedmarketresearch.com/purchase-enquiry/4338 

Health Insurance Market Report Highlights

By Insurance Type

  • Disease Insurance
  • Medical Insurance

By Coverage

  • Preferred Provider Organizations (PPOS)
  • Point of Service (POS)
  • Health Maintenance Organization (HMOS)
  • Exclusive Provider Organizations (EPOS)

By End User

  • Group
  • Individual

By Age Group

  • Senior Citizens
  • Adult
  • Minors

By Distribution Channel

  • Direct Sales
  • Brokers/Agent
  • Banks
  • Others

By Region

  • North America (U.S., Canada)
  • Europe (France, Germany, Italy, Spain, UK, Rest of Europe)
  • Asia-Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific)
  • LAMEA (Latin America, Middle East, Africa)

Purchase This Comprehensive Report (PDF with Insights, Charts, Tables, and Figures) @ https://bit.ly/3SVsGf3 

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About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domains.

We are in professional corporate relations with various companies, and this helps us in digging out market data that helps us generate accurate research data tables and confirms the utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high-quality data and help clients in every way possible to achieve success. Each and every piece of data presented in the reports published by us is extracted through primary interviews with top officials from leading companies in the domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact Us:
United States
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int’l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
[email protected]                                                                                                              

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Fintech PR

Gentoo Media – Mandatory notification of trade

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ST JULIANS, Malta, Nov. 14, 2024 /PRNewswire/ — MJ Foundation Fundacja Rodzinna, a company related to Mateusz Juroszek, Board Member and primary insider of Gentoo Media Inc. (Gentoo) has today acquired 115,604 shares in Gentoo at a price of SEK 24,996 per share. After this transaction, close associates of Mateusz Juroszek hold 24,027,766 shares in Gentoo.

This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

For further information, contact:
Tore Formo, Group CFO, [email protected], +47 91668678

About Gentoo Media

Gentoo Media is a market-leading affiliate connecting operators and players in the online gambling and sports betting industry. Gentoo Media offers an array of iGaming affiliate solutions, such as paid marketing expertise and quality traffic through our prominent industry sites including AskGamblers, Time2Play, CasinoTopsOnline, WSN and Casinomeister. In 2024, Gentoo Media (formerly GiG Media) became Gentoo Media Inc. following a legal split separating the Media and Platform and Sportsbook business in Gaming Innovation Group (GiG) into two independently listed companies. Gentoo Media Inc. is dual listed on the Oslo Stock Exchange (ticker “G2MNO”) and Nasdaq Stockholm (ticker “G2M”). www.gentoomedia.com

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Newmark Advises URW in €172.5 Million Office Sale

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PARIS, Nov. 13, 2024 /PRNewswire/ — Newmark announces the firm has advised Unibail-Rodamco-Westfield (URW) in the €172.5 million sale of the 140,846 square-foot (13,085 square-meter) office portion of Les Ateliers Gaîté, a mixed-use property in the prominent Montparnasse district of Paris. Newmark Deputy Chief Business Officer Emmanuel Frénot arranged the transaction between URW and buyers Swiss Life Asset Managers and Norges Bank Investment Management.

“Advising URW on the sale of this asset, with its exceptional location and exemplary environmental approach, just a few months after the opening of our Paris office makes us particularly proud and highlights our ongoing momentum,” said Frénot. “This transaction confirms the recovery signals we have been sensing since the end of the second quarter of 2024 and suggests an increase in activity in the office segment for 2025.”

Les Ateliers Gaîté, delivered in 2022, includes around 100 retail shops, restaurants and services, as well as a hotel, offices, housing and a public library. The office space is leased long-term to coworking operator Wojo, establishing its Parisian flagship.

Newmark opened its flagship Paris office in March, hiring several of the city’s most respected brokers, including Francois Blin and Frénot to lead the team, Antoine Salmon and Vianney d’Ersu as Co-Heads of Retail Leasing, Managing Directors Jérôme De Laboulaye, Nicolas Coutant and Alexandre Gotti as President, France. The office is now home to nearly 40 leading French commercial real estate professionals, including a market-leading research team.

About Newmark
Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (“Newmark”), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark’s comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform’s global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. For the twelve months ended September 30, 2024, Newmark generated revenues of over $2.6 billion. As of that same date, Newmark’s company-owned offices, together with its business partners, operated from nearly 170 offices with more than 7,800 professionals around the world. To learn more, visit nmrk.com or follow @newmark.

Discussion of Forward-Looking Statements about Newmark
Statements in this document regarding Newmark that are not historical facts are “forward-looking statements” that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about the Company’s business, results, financial position, liquidity, and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. Except as required by law, Newmark undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see Newmark’s Securities and Exchange Commission filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K.

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Aker ASA: 2024 Employee Share Purchase Program

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OSLO, Norway, Nov. 13, 2024 /PRNewswire/ — Aker ASA (“Aker”) has today carried out its employee share purchase program for the year. Participants in the share purchase program were offered a discount of 20 per cent on the closing share price as of 13 November 2024. Hence, each participant paid NOK 443.20 per share. All shares will be locked in for a period of three years from delivery of the shares, during which the employees will not be able to sell the shares.

The following persons discharging managerial responsibilities in Aker have purchased shares:

– Svein Oskar Stoknes has acquired 1,400 shares. Mr. Stoknes’ total shareholding in Aker after the acquisition will be 11,400 shares.
– Lene Landøy has acquired 1,000 shares. Mrs. Landøy’s total shareholding in Aker after the acquisition will be 1,911 shares.
– Charlotte Håkonsen has acquired 500 shares. Mrs. Håkonsen’s total shareholding in Aker after the acquisition will be 2,493 shares.
– Christina Chappell Schartum has acquired 162 shares. Mrs. Schartum’s total shareholding in Aker after the acquisition will be 795 shares.
Fredrik Berge has acquired 250 shares. Mr. Berge’s total shareholding in Aker after the acquisition will be 630 shares.

Please see attached notifications for persons discharging managerial responsibilities in Aker in accordance with Regulation EU 596/2014 (MAR) article 19.

Aker sold a total of 10,480 own shares in connection with the program. Following the transactions, Aker will hold 14,745 own shares.

Investor contact:
Fredrik Berge, Head of Investor Relations Aker ASA
Tel: +47 45 03 20 90
E-mail: [email protected] 

This information is subject to the disclosure requirements in Regulation EU 596/2014 (MAR) article 19 number 3 and the Norwegian Securities Trading Act § 5 -12.

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