Key Market Indicators
British Life Insurance Revenue is projected to decline to approximately €69 billion by 2028, down from around €74 billion in 2023. This represents an average annual decrease of 1%. Since 2018, the British market has experienced a modest growth rate of 0.9% per year. In the 2023 rankings, the United Kingdom held the fifth position, with Italy surpassing it, reaching approximately €74 billion. Denmark, Germany, and Italy occupied the second, third, and fourth positions, respectively. In terms of British Life Insurance Gross Written Premium, the figure is expected to drop slightly to $203 billion by 2028 from about $205 billion in 2023, marking a minimal annual contraction of 0.1%. Since 2015, the British supply has seen a consistent decline of 0.1% year over year.
