In 2024, the number of persons employed in reinsurance across different European countries varied significantly. Spain saw the highest employment with 44.88 thousand employees, while Germany had 22.01 thousand. France followed with 1.25 thousand employees, with the Netherlands and Portugal having minimal employment at 0.013 and 0.001 thousand, respectively. Analyzing the data year-on-year till 2023, Spain exhibited a remarkable increase of 179.09%, Germany experienced a modest increase of 7.88%, while France saw a decline of 5.8%. The Netherlands showed a significant decrease of 14.23%, and Portugal's numbers remained unchanged.
Future trends to watch in the European reinsurance employment landscape include the potential for technological advancements driving job shifts, regulatory changes impacting employment structures, and market expansions or contractions influencing workforce needs across the region. Monitoring these factors will be crucial for anticipating changes in employment dynamics within the reinsurance sector.
Top countries in Number of Persons Employed of Reinsurance by Country
| # | 5 Countries | Units (Employees) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 44,880 | 2023 | +32.59% | +179.09% | View data |
| 2 | 2 Germany | 22,010 | 2023 | +4.55% | +7.88% | View data |
| 3 | 3 France | 1,250 | 2023 | -5.52% | -5.8% | View data |
| 4 | 4 Netherlands | 13 | 2023 | -7.14% | -14.23% | View data |
| 5 | 5 Portugal | 1 | 2023 | 0% | 0% | View data |