The United Kingdom leads the European non-life insurance sector, holding a significant share of 38.21%. Germany and France follow, representing smaller segments at 19.02% and 5.95% respectively. Latest trends show growth in the UK and Hungary, while notable declines are observed in the Netherlands, Spain, and Sweden. Consistency is noted in Luxembourg and Romania, maintaining stable enterprise numbers year-on-year.
Future trends to watch include potential consolidation in countries experiencing persistent declines, especially Spain and the Netherlands. Meanwhile, the UK may continue to expand its dominance, and emerging markets like Hungary could see increasing enterprise activity growth.
Top countries in Number of Enterprises of Non Life Insurance Share by Country (Units (Enterprises))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 38.21 | 2023 | +4.14% | +4.79% | View data |
| 2 | 2 Germany | 19.02 | 2023 | -1.53% | -1.73% | View data |
| 3 | 3 France | 5.95 | 2023 | -0.7% | -1.49% | View data |
| 4 | 4 Sweden | 4.26 | 2023 | -2.88% | -4.33% | View data |
| 5 | 5 Luxembourg | 3.96 | 2023 | +1.08% | 0% | View data |
| 6 | 6 Norway | 2.99 | 2023 | +4.41% | +4.13% | View data |
| 7 | 7 Spain | 2.95 | 2023 | -11.39% | -7.25% | View data |
| 8 | 8 Italy | 2.49 | 2023 | 0% | -1.46% | View data |
| 9 | 9 Denmark | 1.94 | 2023 | -4.17% | -3.86% | View data |
| 10 | 10 Portugal | 1.73 | 2023 | -2.38% | -0.95% | View data |
