The global employment landscape within the insurance, reinsurance, and pension funding sectors showed notable geographic variances in 2023. South Korea led with significant employment, although it experienced a slight decline of -1.33%. France and Australia saw moderate growth, while Germany and the Netherlands faced reductions in their workforce sizes. Poland showed surprisingly robust growth among these sectors.
Future trends may include:
- An increase in digital transformation impacting job profiles and demand.
- Growth potential in emerging markets as insurance penetration rises.
- Economic fluctuations possibly influencing reinsurance and pension funding employment trends.
Top countries in Number of Persons Employed in Insurance, Reinsurance and Pension Funding by Country
| # | 10 Countries | Thousand Units (Persons) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 266.3 | 2023 | -1.26% | -1.33% | View data |
| 2 | 2 France | 177 | 2023 | 0% | +0.23% | View data |
| 3 | 3 Germany | 136 | 2023 | -2.86% | -2.46% | View data |
| 4 | 4 United Kingdom | 110.09 | 2023 | -0.64% | -0.0042% | View data |
| 5 | 5 Australia | 100.14 | 2023 | +1.05% | +0.94% | View data |
| 6 | 6 Poland | 97.9 | 2023 | +1.98% | +2.67% | View data |
| 7 | 7 Spain | 54.9 | 2023 | 0% | -0.15% | View data |
| 8 | 8 Netherlands | 54 | 2023 | -1.82% | -1.76% | View data |
| 9 | 9 Italy | 44.7 | 2023 | -0.22% | 0% | View data |
| 10 | 10 Austria | 27.45 | 2023 | -0.32% | -0.32% | View data |
