Key Market Indicators
Growth in the German life insurance market is set to remain slow in the coming years. Revenue is projected to reach €95.44 billion by 2026, a 0.4% year-on-year increase since 2021. The market has grown 1.6% annually since 2017. Germany was the third-largest market in 2021, behind Italy (€91.8 billion) and the United Kingdom (€81.9 billion). Meanwhile, German life insurance gross written premiums are set to drop to $76.93 billion by 2026, a 1.8% year-on-year decrease since 2021. The market has decreased 2.3% annually since 2015. South Korea (€84.45 billion) leads the market, with Japan, China and the UK respectively in second, third and fourth place in 2021.
Germany Life Insurance Market Data and Forecasts
How much will Germany Life Insurance Market grow to 2026?
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