The employment landscape in the insurance, reinsurance, and pension funding sector across Europe shows Germany and France as leaders, with respective figures at 150.11k and 142.26k employees. Spain and Italy follow with significant employment numbers at 48.84k and 40.78k. Year-on-year analysis reveals mixed trends: Germany and France saw slight declines, while Spain and Slovakia experienced growth. Notable shifts include Luxemburg’s substantial increase and Romania’s decline.
Looking forward, industry stakeholders should monitor the digital transformation and regulatory changes, which may impact employment patterns. Emerging markets within Europe present potential growth opportunities, despite broader challenges in workforce automation and aging demographics.
Top countries in Number of Persons Employed of Insurance, Reinsurance and Pension Funding by Country
| # | 10 Countries | Units (Employees) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 150,110 | 2023 | -0.63% | -0.72% | View data |
| 2 | 2 France | 142,260 | 2023 | -0.46% | -0.36% | View data |
| 3 | 3 Spain | 48,840 | 2023 | +0.082% | +0.19% | View data |
| 4 | 4 Italy | 40,780 | 2023 | +0.044% | +0.081% | View data |
| 5 | 5 Austria | 26,940 | 2023 | -0.045% | -0.0022% | View data |
| 6 | 6 Belgium | 20,490 | 2023 | -0.8% | -0.63% | View data |
| 7 | 7 Netherlands | 19,080 | 2023 | -3.16% | -2.94% | View data |
| 8 | 8 Slovakia | 11,530 | 2023 | +2.96% | +0.9% | View data |
| 9 | 9 Portugal | 10,040 | 2023 | -0.46% | +0.32% | View data |
| 10 | 10 Croatia | 8,710 | 2023 | +0.55% | -0.087% | View data |
