Key Market Indicators
Hungarian life insurance revenues are projected to reach €1.45 billion by 2026. In 2021, it registered €1.4 billion, witnessing a meagre growth of 0.3% year-on-year. Since 2017, the Hungarian market has been declining by 1.2% year-on-year. In 2021, Hungary was ranked 16th in terms of life insurance revenue, with Austria in the lead at €1.4 billion. Italy, Germany, and the United Kingdom were the respective second, third and fourth in this ranking.