In 2023, Germany led the European region in Net Operating Surplus for Insurance, Reinsurance, and Pension Funding with 15.43 billion euros, while Italy and Spain followed closely with 7.17 billion and 6.41 billion euros respectively. Notable growth was observed in Ireland and Luxembourg, with year-on-year increases of 5.59% and 4.18% respectively. Other countries like Belgium experienced a moderate increase of 3.19%, whereas nations such as Finland, Austria, Greece, Slovenia, and Estonia saw stagnant growth.
Future trends to watch include the potential for significant growth in emerging markets and the impact of regulatory changes across the European Union. Continued digitization and technological advancements in financial services are also expected to influence the net operating surplus in these sectors.
Top countries in Net Operating Surplus in Insurance, Reinsurance and Pension Funding by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 15,430 | 2023 | +3.18% | View data | |
| 2 | 2 Italy | 7,170 | 2023 | +3.41% | View data | |
| 3 | 3 Spain | 6,410 | 2023 | +3.19% | View data | |
| 4 | 4 Ireland | 3,140 | 2023 | +2.92% | +5.59% | View data |
| 5 | 5 Belgium | 2,530 | 2023 | +3.07% | +3.19% | View data |
| 6 | 6 Finland | 1,080 | 2023 | +2.85% | View data | |
| 7 | 7 Luxembourg | 1,050 | 2023 | +3.57% | +4.18% | View data |
| 8 | 8 Austria | 971.39 | 2023 | +4.06% | View data | |
| 9 | 9 Greece | 409.9 | 2023 | +2.37% | View data | |
| 10 | 10 Slovenia | 200.5 | 2023 | +2.82% | View data |
