European Turnover of Non Life Insurance by Country

Germany leads the European non-life insurance market with a turnover of 155.83 billion Euros, showing a year-on-year growth of 4.19%. France follows with 84.45 billion Euros, growing at 1.72%. Denmark experienced a significant decline by 62.89%, standing at 64.79 billion Euros. Other notable countries include Spain (41.78 billion Euros, +0.87%), Italy (39.88 billion Euros, +0.89%), and the United Kingdom (38.27 billion Euros, +1.12%). Smaller markets, such as Belgium and Croatia, showed notable growth with year-on-year increases of 18.1% and 18.9%, respectively. Several countries such as Portugal, Sweden, and Latvia faced declines.

Future trends to watch include potential market recovery in Denmark and Latvia and continued growth in markets showing significant year-on-year increases like Belgium, Croatia, and Slovenia. Additionally, monitoring smaller markets like Cyprus and Estonia for steady growth can provide insights into emerging opportunities.