J.P. Morgan has presented an optimistic growth outlook for the life insurance sector, noting that despite challenges over the past decade, regulatory and macro factors influencing growth are expected to improve in the coming years. The firm highlighted that prevailing lower short-term yields and a stable yield curve could enhance life insurance demand by reducing competition from bank products. Additionally, trends in long-term bond yields and increasing demands for retirement income products are likely to support growth in established markets. The ageing population and evolving pension systems are anticipated to further drive the demand for life insurance and related products.
