Key Market Indicators
The country was number 20 in 2021, Mexico overtook at €624.25 Million. The United Kingdom, Japan and Germany respectively came in numbers 2, 3 and 4 in this ranking. Gross Written Premium in Luxembourg is predicted to reach $28 billion by 2026, up from $24.5 billion in 2021. This marks a 1.4% year-on-year growth rate. Since 1999, Luxembourg's insurance supply has increased 3.8% year-on-year. In 2021, Mexico overtook Luxembourg, placing it in 21st place. The United Kingdom, Japan and Germany were ranked 2nd, 3rd and 4th respectively. Insurance Spending in Luxembourg is expected to reach €745.49 million by 2026, up from €624.25 million in 2021. This marks a 2.4% year-on-year growth rate. Since 2000, Luxembourg's insurance demand has grown 4.8% year-on-year. In 2021, Mexico once again overtook Luxembourg, placing it in 20th place. The United Kingdom, Japan and Germany were ranked 2nd, 3rd and 4th respectively.
