Key Market Indicators
French life insurance revenue is projected to climb to approximately €212 billion by 2028, up from roughly €193 billion in 2023. This represents an annual growth rate of 1.5%. The French market has experienced a steady increase, averaging 1.9% growth per year since 2018. In the European context, Denmark, Germany, and Italy trail behind France, holding the second, third, and fourth positions, respectively, in the life insurance revenue ranking. In terms of gross written premiums, the French life insurance sector is expected to see a decline. Premiums are anticipated to drop to around $124 billion by 2028, down from about $136 billion in 2023. This decline represents an average annual decrease of 1.5%. Since 2015, the French life insurance supply has been contracting at an average rate of 1.7% per year.
