Analysis of the European Turnover of Insurance, Reinsurance, and Pension Funding by country reveals Germany leading with 30.65 million euros, followed by France with 24.09 million euros, and Denmark ranking third with 17.18 million euros. Italy and the Netherlands round out the top five. Year-on-year variations highlight growth in Germany (4.78%), the Netherlands (5.79%), Belgium (6.18%), and Bulgaria (7.44%), while Denmark and Latvia experienced steep declines of -63.89% and -63.82% respectively. This indicates a significant shift in the market landscape, with some countries consolidating shares while others face substantial losses.
Future trends to watch include recovery patterns in the currently declining markets and the potential for emerging markets like Bulgaria and Slovenia to continue their upward trajectory. Additionally, regulatory changes and technological advancements could significantly impact these shares, providing both opportunities and challenges for stakeholders in the European insurance, reinsurance, and pension funding sectors.
Top countries in Turnover of Insurance, Reinsurance and Pension Funding Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 30.65 | 2023 | +4.2% | +4.78% | View data |
| 2 | 2 France | 24.09 | 2023 | +4.35% | +1.83% | View data |
| 3 | 3 Denmark | 17.18 | 2023 | +0.59% | -63.89% | View data |
| 4 | 4 Italy | 12.6 | 2023 | -0.19% | +0.067% | View data |
| 5 | 5 Netherlands | 7.17 | 2023 | +3.95% | +5.79% | View data |
| 6 | 6 Spain | 6.98 | 2023 | +2.19% | -0.44% | View data |
| 7 | 7 Belgium | 3.83 | 2023 | +3.53% | +6.18% | View data |
| 8 | 8 Luxembourg | 2.47 | 2023 | +8.52% | +4.88% | View data |
| 9 | 9 Austria | 1.73 | 2023 | +0.96% | +1.18% | View data |
| 10 | 10 Norway | 1.52 | 2023 | -0.45% | -0.69% | View data |
