The European Production Value of Non-Life Insurance in 2023 highlights Germany as the leader with 58.13 billion Euros, followed by the UK and France. Notable growth is seen in Belgium and Slovenia with 18.05% and 16.09%, respectively. Italy shows robust growth at 6.14%, while Denmark and Latvia experience significant declines by -67.49% and -65.54%. The Netherlands indicates an 8.01% increase, showcasing a positive trend in the non-life insurance market.
Future trends to monitor include continued growth in emerging markets such as Bulgaria and Poland. Climate risk management and digital transformation are expected to drive further development in the sector.
Top countries in Production Value of Non Life Insurance by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 58,130 | 2023 | +2.87% | +2.6% | View data |
| 2 | 2 United Kingdom | 37,150 | 2023 | -0.16% | +1.18% | View data |
| 3 | 3 France | 29,570 | 2023 | +0.36% | +0.42% | View data |
| 4 | 4 Italy | 22,450 | 2023 | +6.12% | +6.14% | View data |
| 5 | 5 Denmark | 13,730 | 2023 | -4.89% | -67.49% | View data |
| 6 | 6 Austria | 10,300 | 2023 | +2.46% | +3.2% | View data |
| 7 | 7 Spain | 9,520 | 2023 | +5% | +4.11% | View data |
| 8 | 8 Netherlands | 8,930 | 2023 | +3.62% | +8.01% | View data |
| 9 | 9 Belgium | 6,290 | 2023 | +11.58% | +18.05% | View data |
| 10 | 10 Poland | 4,950 | 2023 | +2.18% | +1.39% | View data |
