1. Life And Health Insurance
Revenue: $4,894 billion
While this industry has experienced sluggish growth, its global growth has been stable. Being a vital part of the global finance sector, the Life and Health Insurance industry provides risk management services to the downstream sectors. Operators in this industry are charged with the responsibility of protecting long-term and immediate costs that arise as a result of death, injury, or illness.
With an increase in disposable income, it has become important for individuals to insure their lives This has resulted in an increase in revenue of this industry. Interestingly, experts predict that this industry will continue to grow in the years to come.