Key Market Indicators
Luxembourger Life Insurance Revenue is projected to hit €32.9 billion by 2028, marking an increase from €26.7 billion in 2023. This growth represents an average annual increase of 3.3%. Notably, since 2018, the Luxembourger market has experienced a robust annual growth rate of 4.6%. In the 2023 rankings, Luxembourg secured the 8th position, with Belgium narrowly ahead with €26.7 billion in revenue. Denmark, Germany, and Italy occupied the 2nd, 3rd, and 4th spots, respectively. In terms of Gross Written Premium, Luxembourg's figures reached $23.3 billion in 2015, down from $31.2 billion in 2014, indicating a significant decrease compared to the previous year.
