The production value of non-life insurance in Denmark was 13.68 billion Euros in 2023. The forecasted data shows a decreasing trend from 2024 onwards, with values as follows: 13.03 billion Euros in 2024, 12.34 billion Euros in 2025, 11.65 billion Euros in 2026, 10.97 billion Euros in 2027, and 10.3 billion Euros in 2028. The year-on-year variations indicate a continuous decline in production value.
**Year-on-Year Variations**
- 2024: -4.75%
- 2025: -5.29%
- 2026: -5.59%
- 2027: -5.83%
- 2028: -6.11%
**CAGR (2024-2028)**
- The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is approximately -5.91%.
The future trend to watch for includes an increasing focus on digital transformation, regulatory changes, and evolving customer expectations that may impact the profitability and operational efficiencies in the non-life insurance sector.
