The European net operating surplus in insurance, reinsurance, and pension funding is dominated by Germany, which holds a significant share compared to other countries. In 2023, notable positive growth was seen in Ireland, Belgium, and Luxembourg, with year-on-year increases of 5.59%, 3.19%, and 4.18%, respectively. No growth was recorded in Germany, Italy, Spain, Finland, Austria, Greece, Slovenia, or Estonia during the same period.
Future trends to watch include:
- Potential growth in smaller markets such as Ireland and Luxembourg, driven by policy adjustments and market dynamics.
- Germany's continued dominance, but with a need to monitor any economic or policy changes that could impact its market share.
- The possibility of emerging growth opportunities in digital insurance and reinsurance platforms across Europe.
Top countries in Net Operating Surplus in Insurance, Reinsurance and Pension Funding Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 39.08 | 2023 | +3.18% | View data | |
| 2 | 2 Italy | 18.17 | 2023 | +3.41% | View data | |
| 3 | 3 Spain | 16.22 | 2023 | +3.19% | View data | |
| 4 | 4 Ireland | 7.96 | 2023 | +2.92% | +5.59% | View data |
| 5 | 5 Belgium | 6.41 | 2023 | +3.07% | +3.19% | View data |
| 6 | 6 Finland | 2.75 | 2023 | +2.85% | View data | |
| 7 | 7 Luxembourg | 2.66 | 2023 | +3.57% | +4.18% | View data |
| 8 | 8 Austria | 2.46 | 2023 | +4.06% | View data | |
| 9 | 9 Greece | 1.04 | 2023 | +2.37% | View data | |
| 10 | 10 Slovenia | 0.51 | 2023 | +2.82% | View data |
