In Germany, the number of enterprises in the insurance, reinsurance, and pension funding sector is projected to decline progressively from 2024 to 2028. The forecasted figures show a downward trend, with 1.01k enterprises in 2024 and a steady decrease to 0.857k enterprises by 2028. This suggests a 4.46% annual decline in 2025, a 3.94% decrease in 2026, a 3.88% decrease in 2027, followed by a 3.81% decrease in 2028. The compound annual growth rate (CAGR) reflects an average reduction of approximately 3.92% per year over this period.

Future trends to watch for include:

The role of digital transformation in streamlining operations and affecting market consolidation.
Potential regulatory changes impacting sector stability and enterprise numbers.
An increasing focus on sustainable and eco-friendly business practices within the sector.