Forecast: Households Life insurance and Annuity Entitlements in the Netherlands

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.

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