The Dutch Households Life insurance and Annuity Entitlements have seen fluctuating trends over the last decade. From 2013 to 2016, there was a steady increase in value reaching its peak in 2016. Despite a slight dip in 2017, the market resumed growth until 2019, followed by a significant rise in 2020. However, subsequent years experienced notable declines, particularly in 2021 and 2022, before stabilizing slightly in 2023. In 2023, the value stood at 159.47 billion Euros with a year-on-year increase of 1.92%. The five-year CAGR from 2019 to 2023 is modest at 0.59%.
Future trends to watch for include:
- Stabilization in the market with a forecasted 1.33% CAGR over the next five years.
- Gradual recovery and growth projected to reach 173.37 billion Euros by 2028.
- Possible external economic factors and policy changes influencing market dynamics.